Latest Interviews
Showing 1–7 of 7 transcripts.
Clear all filters- Goldman Sachs33 min
The Outlook for Data Center Power Demand as AI Token Use Grows
Brian Singer, Carly Davenport, Allison Nathan, George Lee
Goldman Sachs forecasts a surge in U.S. power demand reaching a 3.5% CAGR through 2030, driven by a 170% rise in global data center consumption that will equal Japan's total electricity usage. This growth is propelled by hyperscaler spending hitting $2.1 trillion by 2029, though projects face critical bottlenecks from skilled labor shortages, interconnect queues, and over 300 local moratoria. Consequently, the sector is increasingly relying on 30 gigawatts of behind-the-meter natural gas generation as a bridge while navigating regulatory uncertainty and community opposition regarding grid stability and environmental impacts.
- Goldman Sachs22 min
AI Exchanges: How tech giants are navigating the AI landscape
Eric Sheridan, Allison Nathan, George Lee
Major technology giants are sustaining record capital expenditures through 2025 to solidify AI infrastructure dominance, with Goldman Sachs projecting this peak intensity to slow in 2026 despite tariff-related cost increases. Executives from Meta, Alphabet, and Amazon characterize the sector as being in the early innings of a third computing shift, prioritizing defensive positioning and infrastructure monetization over immediate application-layer profitability. Although investor sentiment remains bifurcated by macroeconomic risks, current valuations reflect a strategic reliance on these incumbents' unprecedented balance sheet scale to navigate the transition from raw training to commercial deployment.
- Goldman Sachs37 min
What’s ahead for retail: how retail CEOs are navigating a more complex environment
Tim Ingrassia, Vishaal Rana, Ted Decker, Dave Kimbell, Allison Nathan
Goldman Sachs analysts and retail leaders including Home Depot's Ted Decker and Ulta Beauty's Dave Kimball characterize 2024 as a pivotal shift where micro-level corporate strategies outweigh macroeconomic trends in driving performance. Private equity firms are increasingly targeting defensive sectors like collision repair while navigating debt constraints, forcing a consolidation of single-banner models and a reevaluation of Direct-to-Consumer valuation models that have shed 97% of their 2021 peak value. As interest rates remain elevated and geopolitical risks introduce new logistics costs, the market is prioritizing sustainable profitability over revenue growth, with physical stores re-emerging as critical drivers of customer lifetime value compared to digital-only channels.
- Goldman Sachs21 min
What’s on the minds of the world’s largest investors?
Mike Siegel, Matt Armas, Allison Nathan
At the Goldman Sachs 12th Annual Insurer Survey, speakers Mike Siegel and Matt Armas analyzed the financial strategies of 343 global insurers managing over $13 trillion in assets. Respondents are navigating economic volatility by shifting allocations toward higher-quality long-dated fixed income while leveraging the sector's structural stability to fill lending gaps left by retreating banks. This strategic pivot aims to capitalize on rising interest rates for improved solvency and higher consumer returns despite lingering concerns over inflation and potential recessions.
- Goldman Sachs23 min
Navigating Macro Headwinds: A Conversation With the Founders of Brex and Chief
Kim Posnett, Henrique Dubugras, Carolyn Childers, Allison Nathan
At Goldman Sachs' 11th Annual Builders and Innovators Summit, Allison Nathan moderated a dialogue between Carolyn Childers, CEO of the women's executive network CHIEF, and Enrique Dubagras, Co-CEO of fintech firm Brex, to discuss their strategic pivots during a macroeconomic downturn. Childers detailed CHIEF's billion-dollar valuation and UK expansion as a response to the "Great Resignation," while Dubagras outlined Brex's shift from long-term bets to immediate profitability and opportunistic M&A to navigate reduced corporate spend. The conversation concluded with actionable guidance for founders to balance high-trust cultures and scalable processes against the bureaucratic risks of extreme outlier management.
- Goldman Sachs24 min
What’s Ahead for the Housing Market
Douglas Yearley, Terry Hagerty, Allison Nathan, Doug Yearley
Driven by a decade of severe undersupply and a millennial demographic boom, the U.S. housing market experienced rapid price appreciation and a shift toward new construction between 2020 and 2022. Toll Brothers CEO Doug Yearley and sector analysts project sustained demand through 2022 despite rising mortgage rates, citing a fundamental supply shortage rather than market froth. This environment catalyzed over $20 billion in equity issuance and a 60% surge in M&A activity, while capital markets increasingly favor consolidation and the scaling of modular and offsite manufacturing technologies.
- Goldman Sachs27 min
Where Are Family Offices Seeking Higher Returns?
Allison Nathan, Sarah Nason-Tarahano, Mina Flynn, Tony Pasquarello, Ken Hirsch
Leading family offices are evolving into nimble, multi-disciplinary institutions that balance wealth preservation with mission-driven investment strategies, allocating significant capital to alternatives and real estate to hedge against inflation and currency debasement. Driven by long-term horizons and lean governance structures, these entities increasingly deploy flexible capital for direct deals while integrating emerging themes like ESG and digital assets to capture outsized returns. Their unique ability to navigate market volatility with 100% deal certainty and a focus on generational growth positions them as a distinct and influential force in global capital markets.