GOLDMAN SACHS WARNS INVESTOR RISK APPETITE IS COLLAPSING Goldman Sachs says its risk-appetite indicator has turned negative for the first time since April, reaching its lowest level since the early stages of the Iran war. Investors are selling AI stocks and moving into U.S. Treasurys, despite hotter-than-expected inflation. South Korea's Kospi fell 4%, while AI startup Elice plunged over 30% on its trading debut.(彭博社)