Goldman Sachs Turns Bullish on Stocks Amid Strong Earnings

By EC Assets · Published 12 October 2026

Goldman Sachs has shifted to a more bullish stance on stocks for the remainder of the year. This change in outlook is attributed to earnings performance and a market that has become cheaper overall. The current market focus includes oil price movements, Consumer Price Index (CPI) data, and bank earnings. Some AI-picked health stocks have reported strong earnings. For example, Humana Inc. (HUM) shares rose 11.56%. Merck & Co. Inc. (MRK) shares also saw an increase of 2.26%. These figures are part of the broader market movements, including the S&P 500 index (US500) which increased by 0.59%. The Investing.com platform featured an article on AI-picked health winners. This article highlighted stocks with significant percentage gains, specifically +87% and +46%, due to their earnings. This content specifically addresses who is in for Q3, implying a focus on third-quarter results. The broader market context shows a leaning into stocks by firms like Goldman Sachs. This comes as earnings season progresses and valuations are perceived as more attractive. Oil prices have also seen a fall, which can influence market sentiment. Investors will continue to monitor upcoming CPI reports and the ongoing earnings season, particularly from financial institutions. The performance of specific sectors, such as healthcare, will remain a point of interest. This article is intended for informational purposes only. It does not constitute investment advice.