Banks will a break to a new valuation paradigm, says TD Cowen's Steven Alexopoulos
- Steven Alexopoulos, TD Cowen U.S. large cap bank analyst, joins 'Squawk Box' to discuss the state of the banking sector, Big Banks boosting dividends and stock buybacks, impact of AI, stablecoins, and more.
- 07/02/2025
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Goldman Sachs names Raghav Maliah global chairman of investment banking, memo shows
- Goldman Sachs on Wednesday named Raghav Maliah chairman of investment banking, a global position in addition to the banker's regional investment banking roles, according to a memo from the bank.
- 07/01/2025
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CRH price target lowered by $3 at Goldman Sachs, here's why
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Top 10 High-Yield Dividend Stocks For July 2025
- My July 2025 watchlist focuses on high-yield, attractively valued stocks, aiming for a 12% long-term CAGR and outperforming benchmarks. Since its inception, my watchlist has a CAGR of 15.11%, performing in-line with SPY and VYM, while providing a superior dividend yield. The June 2025 watchlist includes 10 stocks with an average forward dividend yield of 3.54% and an expected return of 13.62%.
- 07/01/2025
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3 Investment Bank Stocks Set to Ride on the Industry's Recovery
- Efforts to boost operating efficiency, strong trading performance and gradual revival of underwriting and advisory businesses will aid Zacks Investment Bank industry players like Morgan Stanley (MS), Goldman (GS) and Robinhood (HOOD).
- 07/01/2025
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Goldman Shares Skyrocket to All-Time High: Here's What's Behind It
- GS hits record high after acing Fed's 2025 stress test, unlocking billions of dollars for dividends and stock repurchases.
- 07/01/2025
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Live Nasdaq Composite: Markets Take New Ground in Broad-Based Rally
- Live Updates Live Coverage Has Ended MSFT Trades at New Highs 12:41 pm by Gerelyn Terzo Big Tech stock Microsoft (Nasdaq: MSFT) has soared to a fresh all-time high of nearly $500 per share, for a market cap of $3.7 trillion. Nvidia (Nasdaq: NVDA) still holds the crown as the most valuable listed company on the planet, with a market cap of $3.8 trillion. The Nasdaq Composite is currently up 0.26%. Market Movers 10:18 am by Gerelyn Terzo Building products company GMS (NYSE: GMS) is up nearly 12% after a subsidiary of Dow component Home Depot (NYSE: HD) won a bidding war to acquire the company. Shares of HD are down slightly, as is typical with the buying entity. Financial stocks Goldman Sachs (NYSE: GS) and Wells Fargo (NYSE: WFC) are up 2% and 1%, respectively, after passing the Federal Reserve’s banking stress test with flying colors. Bullish on Broadcom 9:58 am by Gerelyn Terzo Jefferies analysts have reiterated their “buy” rating on Broadcom (Nasdaq: AVGO) while lifting the price target by $15 to $315 per share. The analyst firm called Broadcom “a leader in infrastructure semiconductors and software,” sending shares 2% higher today. Broadcom stock is within striking distance of its next all-time high amid robust demand for its chip solutions. This article will be updated throughout the day, so check back often for more daily updates. In a dramatic plot twist, the tech-heavy Nasdaq Composite and S&P 500 both clinched fresh all-time highs last week despite economic uncertainty. Today, stocks are looking to extend those gains, with all three of the major stock market averages moving higher. On Friday, the S&P 500 surpassed its February highs of 6157, while the Nasdaq Composite crossed the 20,240 level, its previous high set at year-end 2024. Palantir Technologies (Nasdaq: PLTR) and Accenture have announced a tie-up in which they are injecting legacy government agency systems with modern technology including AI. Palantir stock was under pressure last week amid a rebalancing of Russell U.S. indices, but today the stock is recouping lost ground, up 5%. Most sectors of the economy are seeing green today, led by financials. The Federal Reserve revealed that the big banks have strong enough balance sheets to withstand an economic recession should one rear its head. In recent days, the revised Q1 GDP showed that economic growth slowed by a steeper than initially thought 0.5%. Results were pressured by higher imports and less robust government spending, but resilient consumer spending remained intact. Here’s a look at the performance as of morning trading: Dow Jones Industrial Average: Up 165.67 (+0.38%) Nasdaq Composite: Up 57.84 (+0.29%) S&P 500: Up 16.03 (+0.26%) Market Movers Hewlett Packard (NYSE: HPE) is tacking on 11.3% today after reaching a settlement with regulators over its announced combination with fellow networking stock Juniper Networks (NYSE: JNPR), which should pave the way for the deal to close. Oracle (Nasdaq: ORCL) is gaining 5.6% today on bullish comments from CEO Safra Catz, who revealed the company is off to a running start in the current fiscal year. Fortive Corp (NYSE: FTV) is down 6.4% today after the spin-off of Raliant (NYSE: RAL). The post Live Nasdaq Composite: Markets Take New Ground in Broad-Based Rally appeared first on 24/7 Wall St..
- 07/01/2025
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Goldman Sachs (GS) Surpasses Market Returns: Some Facts Worth Knowing
- Goldman Sachs (GS) closed at $707.75 in the latest trading session, marking a +2.45% move from the prior day.
- 06/30/2025
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Banks rise on regulatory hopes
- CNBC's Leslie Picker joins 'Money Movers' to discuss the financial sector seeing a rise is stock amid passing the Fed's stress test.
- 06/30/2025
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Major Banks Pass 2025 Stress Test: Bigger Payouts in the Cards?
- JPM, BAC, GS and others pass the Fed's milder 2025 stress test with ease, opening the door to bigger buybacks and dividends.
- 06/30/2025
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Goldman Sachs And These Banks Just Aced The Fed's Stress Test: Analyst
- More dividends and stock buybacks will likely follow high marks on the stress test.
- 06/30/2025
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Solar Stocks Mixed on Big, Beautiful Bill, DIS Upgrade, GS New All-Time High
- First Solar (FSLR) and Sunrun (RUN) traded higher while other solar stocks opened more mixed after the Senate version of the "big, beautiful bill." Diane King Hall dives deeper into what's driving the wide price action.
- 06/30/2025
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Take the Zacks Approach to Beat the Markets: Ubiquiti, Flotek Industries & Goldman Sachs in Focus
- Ubiquiti, Flotek and Goldman Sachs stand out as top Zacks picks, each posting major gains after key rating upgrades.
- 06/30/2025
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Goldman Sachs Options-Based ETFs Double Assets in 2025
- Goldman Sachs entered the ETF market nearly 10 years ago, yet two of its most popular products in 2025 are relatively new, both with less than a two-year track record. The Goldman Sachs ActiveBeta US Large Cap Equity ETF (GSLC), launched in September 2015, is a $13 billion fund that employs a multifactor smart-beta approach.
- 06/30/2025
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Goldman Sachs: Why I'm Still Bullish At All Time Highs
- Goldman Sachs' strong net revenue and earnings growth, especially in global banking, have driven shares to all-time highs. Wealth management and asset management divisions show stable growth, providing diversification and predictable future earnings. Book value per share continues to rise steadily, even amid interest rate volatility, demonstrating the firm's financial resilience.
- 06/29/2025
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Goldman Sachs Scraps Plans to Build Hotel Brand in Greece
- The firm had big ambitions for three resorts with views of the Aegean Sea. It recently sold the properties, barely breaking even.
- 06/29/2025
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Goldman Stock Surges Over 57% in a Year: Is There Still Room to Run?
- The Goldman Sachs Group, Inc. GS shares have surged 57.3% over the past year, outperforming the industry's 40.9% growth. Its peers, JPMorgan JPM and Morgan Stanley MS, shares rose 48.4% and 50.6%, respectively, over the same time frame.
- 06/27/2025
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Fed Proposes Easing Capital Requirements for Major Banks
- Fed plan to ease capital rules could unlock $213B for major U.S. banks, including JPM, BAC, GS and MS.
- 06/26/2025
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Is Trending Stock The Goldman Sachs Group, Inc. (GS) a Buy Now?
- Goldman (GS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 06/26/2025
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Fed plan to ease leverage rule offers windfall for big US banks, Morgan Stanley says
- A Federal Reserve plan to relax leverage rules could free up $185 billion in capital and unlock nearly $6 trillion in balance sheet capacity for large U.S. global banks covered by Morgan Stanley, the brokerage estimated on Thursday.
- 06/26/2025
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Fed Votes to Advance Proposal to Ease Banks' Capital Requirements
- The Federal Reserve reportedly voted Wednesday (June 25) to advance a proposal that would ease the “enhanced supplementary leverage ratio” that determines the amount of capital banks must hold against relatively low-risk assets. [contact-form-7] The Fed board voted 5-2 to advance the proposal, Reuters reported Wednesday.
- 06/25/2025
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Investors urged to look beyond US as diversification gains traction
- The long dominance of United States stocks and the dollar may be nearing a turning point, according to the latest analysis from Goldman Sachs' global strategy team, which argues the case for greater diversification is becoming harder to ignore. “The era of diversification has begun.
- 06/25/2025
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Goldman Sachs (GS) Laps the Stock Market: Here's Why
- Goldman Sachs (GS) concluded the recent trading session at $662.11, signifying a +2.35% move from its prior day's close.
- 06/24/2025
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AVISTA HEALTHCARE PARTNERS CLOSES CONTINUATION FUND FOR GCM
- Goldman Sachs Alternatives served as lead investor; additional investments from BlackRock Secondaries & Liquidity Solutions NEW YORK , June 24, 2025 /PRNewswire/ -- Avista Healthcare Partners ("Avista"), a leading private equity firm focused exclusively on healthcare, today announced the successful close of Avista Healthcare Partners CV II, L.P., a single-asset continuation fund for GCM, a leading outsourced manufacturer of complex precision components for high-growth medical technology end markets.
- 06/24/2025
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Goldman Sachs Unveils Firmwide AI Assistant to Boost Productivity
- GS expands its AI Assistant from 10,000 users to all divisions, aiming to boost productivity firmwide.
- 06/24/2025
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Big US banks expected to ace stress tests, boost dividends
- The biggest U.S. lenders are expected to clear the Federal Reserve's annual health check this year, showing they have ample capital that can be used to boost dividends, analysts said.
- 06/24/2025
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Goldman Sachs and Citadel back crypto firm Digital Asset in $135 million funding round
- Crypto firm Digital Asset raised $135 million in a funding round backed by Goldman Sachs, BNP Paribas and Ken Griffin's Citadel Securities. The company said it will use the funding to advance adoption of the Canton Network, a blockchain for financial institutions.
- 06/24/2025
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Goldman names Aek Shyam head of M&A in global real estate group
- Goldman Sachs has appointed Aekloveya Shyam as head of mergers & acquisitions (M&A) in the Global Real Estate Group, according to an internal memo seen by Reuters.
- 06/23/2025
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Goldman Sachs Expands Availability of AI Assistant Across Firm
- Goldman Sachs reportedly expanded the availability of its artificial intelligence assistant across the firm. [contact-form-7] About 10,000 employees were already using the GS AI Assistant before the company-wide launch, Reuters reported Monday (June 23), citing a company memo.
- 06/23/2025
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Can Goldman's Expansion in Private Equity Credit Set New Growth Path?
- GS targets global growth by expanding private equity credit lines and launching Capital Solutions Group.
- 06/23/2025
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Goldman Sachs Warns About $110 Oil and $5 Gas
- Goldman Sachs says that oil could reach $110 a barrel (for Brent crude). In May, the price was near $60. So that would be more than an 80% increase over the period. 24/7 Wall St. Key Points: Goldman Sachs warns that oil could soon reach $110 a barrel. The main trigger for the price surge would be the growing war with Iran. Take this quiz to see if you’re on track to retire. (sponsored) The trigger for the price surge would be the growing war with Iran. That conflict now includes the United States. The exact figure is based on the assumption that the oil tanker traffic through the Strait of Hormuz would decrease by half for a month. After that, the price is expected to be $95 if traffic through the passage is down 10% for the following 11 months. Twenty percent of the world’s seaborne oil goes through the Strait of Hormuz. It is only 21 miles wide at its narrowest point. Saudi Arabia is the largest shipper of crude through the passage. Qatar ships huge amounts of natural gas across the same waters. The northern border of the passage runs along Iran’s southern border. A sharp drop in supply would cause oil prices to rise quickly. At the start of the Russian invasion of Ukraine in February 2022, oil prices rose above $100. Russia is one of the world’s largest oil exporters. The Effects of Higher Prices The effects of higher oil prices on the U.S. would happen quickly. The average price of gasoline rose to nearly $5 a gallon by June 2022. Gasoline accounts for approximately 4% of consumer spending. While that may not matter much to the rich and upper middle class, it can significantly impact the discretionary income of the lower middle class and the lower class. It also changes spending for people who drive long distances. Higher oil prices also affect a broad portion of the economy. The cost of heating oil, which is used in millions of American homes, is expected to rise. The same is true with jet fuel. The broadest industries where prices are expected to increase are petrochemicals. These are used to create plastics, rubbers, solvents, and fibers. The Iran conflict could quickly change the household expenses of Americans. Five ETFs That Could Soar If Gas Prices Return to $5 per Gallon The post Goldman Sachs Warns About $110 Oil and $5 Gas appeared first on 24/7 Wall St..
- 06/23/2025
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Goldman Sachs launches AI assistant firmwide, memo shows
- Goldman Sachs on Monday announced a firmwide launch of an artificial intelligence assistant, a tool driven by generative AI, to boost productivity, according to an internal memo seen by Reuters.
- 06/23/2025
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These Companies Are Cutting Jobs Because Of AI
- AI could replace as many as hundreds of thousands of jobs. Goldman Sachs put that figure even higher. In a recent report, it said AI would “displace” as many as 300 million jobs worldwide. AI-driven positions might replace some, but not enough to fill the employment crater that would otherwise exist. Several companies have already started layoffs. And, most are in the tech industry. Financial services are close behind. IBM (NYSE: IBM) was one of the first companies to say AI would be much more efficient than people. It said 8,000 people would be fired. The first wave of these will be in HR and other support functions that can be “automated.” There was a twist. IBM said it would add workers in other parts of the company that involved what it designated as “skilled workers.” Goldman Sachs (NYSE: GS) has not only made forecasts of job cuts. It will likely be one of the companies that will lay off employees as AI advances. A Bloomberg Intelligence analysis of 93 banks said job cuts in the sector would reach 200,000. Tomasz Noetzel, the BI senior analyst who helped write the report, said, “Any jobs involving routine, repetitive tasks are at risk.” Specifically, the report pointed to Citigroup (NYSE: C), JPMorgan Chase & Co.(NYSE: JPM), and Goldman. Chase and Citigroup have tens of thousands of people who work at branches. Microsoft has been open about its cuts. It recently announced layoffs of 6,500. It has cut out another 10,000. These are primary in sales, marketing, and software development. Microsoft (NASDAQ: MSFT) said AI already write as much as 30% of its code. Amazon (NASDAQ: AMZN) CEO Andy Jassy said he could cut jobs as AI does them better. He wrote to employees, “As we roll out more Generative AI and agents, it should change the way our work is done. We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs.” Meta (NASDAQ: META) CEO Mark Zuckerberg said his company would lay off 3,600 people who managers thought were underperforming expectations. Some might be replaced by workers who have strong AI skills. Dario Amodei, CEO of Anthropic, maker of the chatbot Claude, said that AI would replace large segments of the workforce. According to The Washington Post, he “predicted last month that AI may eliminate half of all white-collar entry-level jobs within five years. The announced layoffs at these companies are barely the tip of the iceberg. The post These Companies Are Cutting Jobs Because Of AI appeared first on 24/7 Wall St..
- 06/23/2025
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US Regulators Mull Easing Banks' Capital Rule on Treasury Trades
- U.S. Regulators weigh cutting SLR by up to 1.5 percentage points to boost trading at top banks like JPM, GS, MS & WFC in the $29T U.S. Treasury market.
- 06/19/2025
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Why the Market Dipped But Goldman Sachs (GS) Gained Today
- Goldman Sachs (GS) concluded the recent trading session at $635.24, signifying a +1.7% move from its prior day's close.
- 06/18/2025
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Higher for longer rate environment benefits banks, says Chris Marinac
- Chris Marinac, Janney Montgomery Scott, joins 'Fast Money' to talk what could be ahead for the Federal Reserve in terms of policy and who benefits in the market.
- 06/18/2025
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If You Want $3,767 in Annual Income, Invest $25,000 in Each of High-Yield Dividends
- Key Points With markets still volatile, keep your portfolio protected with high-yielding stocks. Look at real estate investment trusts (REIT), like Mid-Atlantic Apartment Communities, for example. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; get started by clicking here.(Sponsor) With markets still volatile, keep your portfolio protected with high-yielding stocks. Look at real estate investment trusts (REIT), like Mid-Atlantic Apartment Communities (NYSE: MAA), for example. With a yield of just over 4%, Mid-Atlantic Apartment Communities is an attractive, oversold opportunity. The REIT focuses on apartment communities in the Southeast, Southwest, and Mid-Atlantic regions of the United States. MAA also declared a quarterly dividend of $1.515 per share, payable on July 31 to shareholders of record as of July 15. Even better, Goldman Sachs just added the MAA stock to its Conviction List with a price target of $192 a share. If you were to invest $25,000 in the Mid-Atlantic Apartment Communities REIT, you’d take ownership of 167 shares. Using its current dividend of $1.515, you’d collect just over $253 a quarter. Annually, you’d collect $1,012 just by holding the Mid-Atlantic Apartment Communities stock. Plus, with Mid-Atlantic Apartment Communities you gain exposure to renter households, which are growing faster than homeowner households. According to Barron’s: “With house prices still high, mortgage rates stuck just under 7%, and plenty of economic uncertainty, consumers are once again seeing the virtues of renting. Over a third of respondents, 35%, told Fannie Mae in April that they would rent instead of buy if they had to move, the highest share since October and more than the long-term average of three in 10.” Here are three more apartment REITs you may want to consider. Camden Property Trust With a yield of about 3.6%, Camden Property Trust (NYSE: CPT) is one of the largest publicly traded multifamily companies in the United States. The company is primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. It also owns and operates 177 properties. In its most recent earnings report, the company’s Core funds from operations (FFO) of $1.72 beat by four cents. Revenue of $390.57 million, up 1.9% year over year, beat by $1.39 million. The company also declared a second-quarter dividend of $1.05 per share, payable on July 17 to shareholders of record as of June 30. If you were to invest $25,000 in CPT, you’d take ownership of 215 shares. Using its current dividend of $1.05 per share, you’d collect a quarterly dividend of $225.75. Annually, you’d collect $903. Again, all you had to do was buy and hold the CPT stock. “We are pleased to report strong first quarter results, and a raise to our full-year 2025 earnings guidance,” added Richard J. Campo, Camden’s Chairman and CEO. “Core FFO exceeded the midpoint of our guidance by $0.04 per share in the first quarter, with $0.02 resulting from higher than anticipated revenues and the remaining $0.02 from lower interest expense and the timing of other income and expense categories. AvalonBay Communities With a yield of 3.36%, AvalonBay Communities (NYSE: AVB) invests in apartments. It also declared a quarterly dividend of $1.75 per share, payable on July 15 to shareholders of record as of June 30. If you were to invest $25,000 in AVB, you’d take ownership of 121 shares. Using its current quarterly dividend of $1.75, you’d collect $211.75 a quarter. Annually, you’d collect $847. Even better, analysts at Barclays, Scotiabank, and Morgan Stanley raised their price targets on the AVB stock. Morgan Stanley raised its price target to $228 with an equal-weight rating on the stock. Scotiabank raised its price target from $241 to $251. And Barclays raised its price target to $240 from $227. Equity Residential With a yield of 4.03%, Equity Residential (NYSE:EQR) is one of the largest multifamily REITs on the market. It has about 312 properties across the U.S., including 84,018 rental units. It just paid out a dividend of $0.6925 on April 17 to shareholders of record as of March 31. It’s also about to pay a quarterly dividend of $0.6925 on July 11 to shareholders of record as of June 24. If you were to invest $25,000 in EQR, you’d take ownership of 363 shares. Using EQR’s current dividend of $0.6925, you’d collect $251.37 a share quarterly. Annually, you’d collect about $1,005.48. Recent earnings were also healthy. In its most recent quarter, the company’s funds from operations (FFO) were in line at $1. Revenue of $766.78 million, up 5.4% year over year, beat by $11.85 million. “CEO Mark Parrell highlighted that Equity Residential finished 2024 with “solid same-store revenue results” exceeding the midpoint of initial expectations, though bad debt improvement slowed in Q4. The company achieved same-store expense growth of 2.9% for 2024,” added SeekingAlpha.com. The post If You Want $3,767 in Annual Income, Invest $25,000 in Each of High-Yield Dividends appeared first on 24/7 Wall St..
- 06/18/2025
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Wall Street Price Prediction: Tesla’s Share Price Forecast for 2025
- After soaring in 2023 and 2024, shares of Tesla (NASDAQ:TSLA) were battered throughout Q1 2025. But since the start of Q2, the largest U.S. EV-maker was beginning to see its shares bounce back nicely. After falling by 41.50% through April 8, the stock has since gained more than 45% from its year-to-date low through May 27. Shareholders are hoping that the launch of Tesla’s Robotaxi — tentatively set for late June — can help the stock, which has seen increased volatility in the wake of abysmal Q1 earnings. Over the past decade, Tesla has suffered incredible losses that have shocked investors who had grown accustomed to the stock’s rapid appreciation over the past decade. The company’s meteoric rise has practically minted millionaires who jumped on the Musk bandwagon in the early goings. That’s certainly a move that’s come with some baggage and volatility along the way. But overall, it’s clear that Musk’s visionary status has rewarded shareholders since Tesla’s IPO on June 29, 2010. Tesla was recently downgraded by Argus to a “Hold” from a “Buy.” The firm specifically cited the worsening tiff between the U.S. President and the world’s richest man. This follows Goldman Sachs similarly downgrading the stock, with a price target of $235 from $260. The company continues to see sales decline in the U.S. and abroad, and investors are hoping that the 90-day tariff pause between the U.S. and China sparks market optimism, affording shares of TSLA the opportunity to recover from has been a difficult 2025. In June, Guggenheim said the company’s fundamentals “continue to deteriorate at an alarming rate,” with “soft” Q2 delivery trends. The firm expects “sizable” negative revisions to Q2 delivery estimates; its 360,000 estimate is well below the consensus of 415,000. Guggenheim reiterates a “Sell” rating on the shares with a $175 price target. With Musk’s departure from DOGE, 24/7 Wall St. conducted analysis to provide more clarity. Let’s dive into whether the recent drop in Tesla’s stock price can be expected to continue, or if this is a top growth name that can rebound to new all-time highs and resume its march higher. Key Points About This Article: Tesla has been among the key beneficiaries of a new Trump administration, though much of the benefits investors saw into the end of last year have since dissipated. Let’s dive into where the largest U.S. EV maker could be headed over the course of the next year. If you’re looking for some stocks with huge potential, make sure to grab a free copy of our brand-new “The Next NVIDIA” report. It features a software stock we’re confident has 10X potential. Key Drivers of Tesla’s Stock Performance 1. Core EV Business: Tesla’s most important business line is unsurprisingly the company’s auto business. With sales of the company’s EVs down on a year-over-year basis, and margins also declining from historically high levels following the onset of the pandemic, investors will continue to assess the company’s future prospects in proportion to how the company’s core revenue and earnings driver is performing. 2. Autonomous Driving (FSD), Robotics and More: Tesla’s value can be ascribed to what many long-term investors view as a call option on some other key growth categories CEO Elon Musk continues to work on. Aside from the company’s core electric vehicle offering, Tesla’s energy business, its FSD platform, humanoid robotics endeavors, AI verticals, and other growth categories make this stock unique in terms of the breadth and number of potential catalysts investors can look to for future growth. Of course, the extent to which these endeavors deliver boosted margins (or increased CapEx) remains to be seen. 3. Macro and Political Environment: Like it or not, Tesla CEO Elon Musk has cozied up to president Trump in a big way. This move is one that’s been broadly cheered by the overall market, at least out of the gate. Tesla stock soared following Donald Trump’s election victory, though Tesla has since given up its gains since this pivotal event, and has trended lower for seven straight weeks following the election. We’ll have to see if the Trump administration brings forward the sort of regulatory environment so many investors had hoped for in 2025 and in the years to come. What Wall Street Thinks Tesla’s stock price outlook for 2025 varies widely among analysts, reflecting uncertainties in production, market conditions, and EV advancements. Analyst price targets span a very wide range, with the most bearish analyst putting forward a $19.05 price target, and the most bullish suggesting this stock could head to $500 per share. Thus, there’s not really a true idea of where this stock is headed. And when investors think about the fact that many of these analyst projections are outdated, doing the math on where this stock could be headed over the course of the next year isn’t as easy as it seems. It’s worth noting that analysts remain largely bullish on the stock, though. However, given how far Tesla has fallen from its peak, even if the company can hit this target over the next year, it’ll still have a ways to go to make it to a new all-time high. The thing about Tesla and other high-growth stocks is that I find analysts are often chasing the returns these stocks provide. Thus, I think it’s best for most investors to steer clear of using analyst price targets as anything other than guardrails. Indeed, Tesla is one company I think is worth doing one’s own DCF analysis on and coming to one’s own price target. Tesla’s 2025 Outlook As we move through 2025, analyst opinions on where Tesla could be headed do vary. Overall, Tesla’s stock performance in 2025 is expected to be shaped by production output, market trends and advancements in EV and battery technology. Analysts project a 17.5% revenue increase to $117.2 billion, driven by growing demand and energy sector expansion. Tesla’s 2025 deliveries are forecasted at 1.95 million units by Barclays, below Bloomberg’s consensus of 2.08 million and Tesla’s earlier estimates. Despite a 62.5% stock surge in 2024, an $80 billion market value drop raised concerns. Musk remains optimistic, expecting a 20-30% delivery increase, though management later emphasized a “return to growth.” To add, competition from Waymo and declining registrations in Germany, France, and California present challenges. Tesla’s push into AI and autonomous driving, including plans for a Robotaxi launch, could be a game-changer, but the company recently saw its share of the EV market slip below 50% in California. To compound matters, the stock is losing favorability among the smart money. Institutional holdings for TSLA are down t0 48.77%. Tesla Stock 2025 Price Target Based on Wall Street analysts’ estimates, the median one-year price target for shares of TSLA is $286.14, which implies 11.32% potential downside from its current price. Of the 35 analysts covering Tesla, the stock currently receives a consensus “Hold” rating, with 14 analysts rating it a “Buy,” 12 rating it a “Hold” and nine rating it a “Sell.” On the other hand, 24/7 Wall St.‘s 12-month price target for Tesla is bullish at $352.99, which represents potential upside of 9.39% from the current share price. Those figures are based on the company seeing projected revenue growth climb from $112.091 billion in 2025 to $297.430 billion in 2030, alongside normalized EPS growth of $2.85 in 2025 to $11.61 in 2030. The post Wall Street Price Prediction: Tesla’s Share Price Forecast for 2025 appeared first on 24/7 Wall St..
- 06/18/2025
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Final Trades: Goldman Sachs, Nvidia, Mastec and JPMorgan Chase
- The Investment Committee give you their top stocks to watch for the second half.
- 06/18/2025
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Moelis & Company vs. Goldman: Which Finance Stock Has Better Upside?
- Does MC offer stronger earnings growth and a higher dividend yield than GS despite trading at a premium? Let us find out.
- 06/18/2025
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Senate Republicans unveil bill to make Trump tax cuts permanent: Here's what to know
- Senate Republicans have introduced their chamber's version of the GOP's tax cuts and extensions package, as Congress looks to deliver on President Donald Trump's "One Big, Beautiful Bill" before the Fourth of July. The GOP majority on the Senate Finance Committee released a draft of its portion of the reconciliation legislation that the upper chamber is expected to consider in full in the near future. It aims to prevent an over $4 trillion tax hike from occurring at the end of this year, when the temporary tax cuts in the Tax Cuts and Jobs Act (TCJA) of 2017 are set to expire. Here's a look at how the Senate's version of the package impacts some of the tax policies that affect most American taxpayers and households: GOLDMAN SACHS: WEALTHY AMERICANS TO CONTINUE EXODUS FROM HIGH-TAX STATES EVEN WITH HIGHER SALT DEDUCTION The Senate bill would make the TCJA's lower tax rates and brackets permanent, rather than making them temporary, as was done in the original TCJA, to comply with budget reconciliation rules that limit a bill's impact on budget deficits beyond a 10-year budget window. Under the bill, the brackets would remain at 10%, 12%, 22%, 24%, 32%, 35% and 37%, in order of lowest to highest. If the TCJA's lower brackets were allowed to expire, most of those brackets would be slightly higher at 10%, 15%, 25%, 28%, 33%, 35%, and 39.6%, respectively. WILL PRESSURE FROM TRUMP AND VANCE SPUR POWELL TO CUT INTEREST RATES? Most taxpayers elect to use the standard deduction rather than itemizing their tax return – something roughly 10% of taxpayers have done in recent years. The TCJA roughly doubled the standard deduction and for tax year 2025 it's set at $15,000 for single filers and $30,000 for married taxpayers. Under the Senate bill, the standard deduction would rise to $16,000 for single filers and $32,000 for married filers in the 2026 tax year, then be adjusted for inflation in ensuing years. The GOP tax package would create a new deduction of up to $25,000 for qualified tips received by an individual who works in a role that customarily and regularly receives tips. It would be available to employees who receive a W-2 as well as independent contractors who receive a 1099 form. Both itemizers and non-itemizers would be able to claim the deduction, which phases out for taxpayers whose modified adjusted gross income exceeds $150,000 for an individual or $300,000 for a joint tax return. The no tax on tips deduction would be permitted for tax years 2025 to 2028, meaning it wouldn't be permanent and would require a future extension beyond the 2028 tax year. WHITE HOUSE TOUTS PLAN TO PROVIDE $1K INVESTMENT ACCOUNTS FOR NEWBORNS The GOP bill would create a new deduction of up to $12,500 for qualified overtime compensation. The deduction phases out for taxpayers whose modified adjusted gross income exceeds $150,000 for an individual or $300,000 for a joint tax return. Additionally, the overtime deduction would only apply if the amount of qualified overtime compensation is reported separately on the taxpayer's W-2 form. Much like the no tax on tips provision, the overtime deduction would be available for tax years 2025 to 2028, barring a future extension. The "Big, Beautiful Bill" would also create a new deduction of up to $10,000 for qualified passenger vehicle loan interest in a given taxable year. The deduction would phase out when a taxpayer's modified adjusted gross income exceeds $100,000. Applicable passenger vehicles include cars, trucks, vans, SUVs and motorcycles that have been manufactured for use on public streets, roads and freeways; and for which the final assembly occurs in the U.S. The bill defines the final assembly as the process by which the manufacturer produces a vehicle and delivers it to a dealer with all the parts necessary for operation. GET FOX BUSINESS ON THE GO BY CLICKING HERE As is the case with the overtime and tips deductions, the auto loan provision would be in effect for tax years 2025 through 2028.
- 06/18/2025
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Goldman Sachs: Resilient Amid Macro Headwinds
- Goldman Sachs delivered resilient Q1 earnings, beating expectations with respectable revenue and EPS growth despite a challenging macro environment. Equities and FICC strength offset investment banking weakness, while record AUS highlight the robustness of Asset & Wealth Management. Goldman Sachs trades at a discount to Morgan Stanley despite superior growth, making its valuation relatively attractive.
- 06/18/2025
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Goldman Sachs leveraging revamp to boost Asia investment banking share, says regional top banker
- Goldman Sachs will leverage a major revamp in Asia to capture a larger share of the investment banking market and capitalize on "strong tailwinds", the Wall Street bank's newly appointed regional investment banking chief told Reuters.
- 06/17/2025
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Dow Jones Leader Goldman Sachs, Chili's Parent In Or Near Buy Zones
- Dow Jones financial giant Goldman Sachs, along with Chili's parent Brinker, Credo, and Sportradar, are in or near buy zones.
- 06/17/2025
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JBS initiated with a Buy at Goldman Sachs
- Goldman Sachs initiated coverage of JBS with a Buy rating and $19.50 price target. JBS offers one of the best risk/rewards across global protein stocks, the analyst tells investors in a research note. The firm likes the company's "highly diversified" portfolio, "consistent execution," growth algorithm, and "appealing" free cash flow generation. It views the stock's valuation as "undemanding" at current levels.
- 06/15/2025
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UroGen Pharma price target raised to $16 from $3 at Goldman Sachs
- Goldman Sachs analyst Paul Choi raised the firm's price target on UroGen Pharma to $16 from $3 and keeps a Neutral rating on the shares following yesterday's approval of Zusduri. The firm cites the stock being bid up (+22% following FDA approval of Zusduri in patients with low-grade intermediate-risk non muscle-invasive bladder cancer, which was surprising to most investor expectations given the negative ODAC advisory committee briefing document and vote that the drug's overall benefit-risk profile was not favorable, the analyst tells investors in a research note. Although the FDA is not obligated to follow the ODAC's recommendation, approvals following negative advisory committee meeting votes, particularly in oncology, are exceedingly rare, the firm adds. 18 Jun
- 06/13/2025
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Cisco price target raised to $67 from $63 at Goldman Sachs
- Goldman Sachs raised the firm's price target on Cisco to $67 from $63 and keeps a Neutral rating on the shares. The company announced enterprise oriented networking solutions which should strengthen its longer-term position within campus networking refresh opportunities related to Wi-Fi 7 and AI-driven upgrades, the analyst tells investors in a research note. The firm adds however that while these new solutions should better position Cisco within the ongoing campus networking refresh cycle, these new products may take time to ramp and see customer adoption. 13 Aug
- 06/13/2025
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Beyond The Brand: Separating 2 Popular BDCs (Buy Vs. Avoid)
- Investing based on brand is not the wisest thing one could do. Yet, in certain sectors, including in the BDC space, strong brands could indicate interesting opportunities. In this article, I share how well-established BDC origination partners could help create durable value for shareholders.
- 06/13/2025
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Top Goldman Sachs banker Todd Eagle quits real estate team
- Eagle, 56, is set to join the real estate team at Jefferies, ending his near 28 years at the David Solomon-led investment bank.
- 06/12/2025
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Goldman Gaining Ground in Japan: What's Fueling the Momentum?
- GS eyes growth in Japan's OCIO market as it pursues growth in asset management and tailored investment solutions.
- 06/12/2025
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Call of the Day: Goldman Sachs
- Bank of America reiterates their buy rating on Goldman Sachs, it's our Call of the Day. The Investment Committee debates how to trade the banks.
- 06/11/2025
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Goldman Sachs Isn't Just A Trading Powerhouse, Analyst Says It's Entering New Era Of Growth
- BofA Securities analyst Ebrahim H. Poonawala maintained a Buy rating on Goldman Sachs Group GS on Wednesday, setting a price target of $700.
- 06/11/2025
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There's more optimism in Europe, Goldman Sachs International Co-CEO says
- Goldman Sachs International Co-CEO Anthony Gutman discusses client sentiment, capital markets activity and the outlook for the European economy and financials sector
- 06/11/2025
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Billionaire Larry Fink Says Financial Systems Are ‘Safe and Sound’—Is He Right?
- Key Points Larry Fink, CEO of the largest asset manager in the world, believes the financial system is safe and sound. But given tariffs and the ballooning federal deficit, the investor who called the sub-prime mortgage crisis of 2008 warned that the economy is not out of the woods yet – not even close. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; get started by clicking here.(Sponsor) If you’ve ever seen the ‘Everything is Fine’ meme, featuring a dog sitting at a coffee table while the house is engulfed in flames, then you may have an idea of where we’re going here. In recent weeks, billionaire Larry Fink, CEO of the world’s biggest asset manager, BlackRock, weighed in on the state of the economy. He perhaps self-servingly declared, “The strength of the entire financial system is safe and sound.” While in theory it would be reassuring to take Fink at his word, the current economic and financial market signals appear to be screaming something completely opposite. Tariffs alone have injected a great deal of uncertainty into the financial markets, leaving them feeling anything but safe and sound. In early April, when President Trump declared “Liberation Day” through sweeping tariffs, virtually no sector of the economy was left unscathed. In response, the bottom fell out of the stock market. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite suffered declines in the range of 4%-5%, a magnitude not seen since the height of the pandemic. Potential Economic Recession Looms The stock market and the economy are interconnected, though their relationship is not always straightforward. While stocks have been volatile, the broader economy has indeed been shrinking. In Q1 2025, the economy contracted by 0.3%, sending shivers down the spines of many Americans that a recession could be just around the corner. If you ask Kyle Bass, who is famous for predicting the sub-prime housing crisis of 2008, that is exactly what the economy needs before it can recover. Bass, who spearheads Texas-based Conservation Equity Management, recently told Bloomberg that a recession might be the only way for the economy to come through the tariffs and a ballooning federal deficit intact, stating: “We have to make some difficult choices. Both of those things might be slightly recessionary, and if that’s true, we might have to go to a brief recession in order to rebuild our foundation.” In Bass’ scenario, the economy would need to take a step or two backward before it can move forward. In Fink’s optimistic outlook, all is well. Bass’ views seem to poke significant holes in Fink’s theory, and the stark disconnect between these two perspectives leaves investors feeling anything but certain. Financial Stocks Amid Uncertainty With so much uncertainty, investors may be wondering whether to be long or short on financial stocks, including Wall Street stalwarts like Goldman Sachs or Fink’s own BlackRock. While these firms have undeniably built fortresses of balance sheets, they would not be immune from the implications of an economic recession. Consider what happened to Lehman Brothers during the Great Financial Crisis. The bank failed, marking the biggest bankruptcy ever in the U.S. and stoking fears of systemic risk throughout the financial landscape. While the financial system may not be on the brink of collapse, and there might not be another Lehman Brothers waiting in the wings, it is also hard to fully subscribe to Fink’s association between the financial system and complete soundness, particularly in light of Bass’ sobering warning that things could indeed get worse before they get any better.The post Billionaire Larry Fink Says Financial Systems Are ‘Safe and Sound’—Is He Right? appeared first on 24/7 Wall St..
- 06/11/2025
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Squarepoint Ops LLC Has $65,000 Stake in Gossamer Bio, Inc. (NASDAQ:GOSS)
- Squarepoint Ops LLC trimmed its stake in Gossamer Bio, Inc. (NASDAQ:GOSS – Free Report) by 51.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 71,944 shares of the company’s stock after selling 75,013 shares during the period. Squarepoint Ops LLC’s holdings in Gossamer Bio were worth $65,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GOSS. Two Sigma Investments LP grew its position in shares of Gossamer Bio by 41.3% in the fourth quarter. Two Sigma Investments LP now owns 891,279 shares of the company’s stock valued at $806,000 after purchasing an additional 260,318 shares during the last quarter. Two Sigma Advisers LP grew its holdings in Gossamer Bio by 44.7% in the 4th quarter. Two Sigma Advisers LP now owns 1,157,500 shares of the company’s stock valued at $1,047,000 after buying an additional 357,500 shares during the last quarter. Octagon Capital Advisors LP grew its holdings in Gossamer Bio by 99.7% in the 4th quarter. Octagon Capital Advisors LP now owns 18,350,000 shares of the company’s stock valued at $16,599,000 after buying an additional 9,162,117 shares during the last quarter. Millennium Management LLC grew its holdings in Gossamer Bio by 14.6% in the 4th quarter. Millennium Management LLC now owns 3,586,067 shares of the company’s stock valued at $3,244,000 after buying an additional 457,179 shares during the last quarter. Finally, Lazard Asset Management LLC grew its holdings in Gossamer Bio by 7,992.6% in the 4th quarter. Lazard Asset Management LLC now owns 107,470 shares of the company’s stock valued at $97,000 after buying an additional 106,142 shares during the last quarter. 81.23% of the stock is currently owned by institutional investors and hedge funds. Gossamer Bio Price Performance Shares of GOSS stock opened at $1.25 on Wednesday. Gossamer Bio, Inc. has a 12-month low of $0.51 and a 12-month high of $1.55. The firm has a market capitalization of $284.13 million, a price-to-earnings ratio of -3.91 and a beta of 1.85. The company has a quick ratio of 6.74, a current ratio of 6.74 and a debt-to-equity ratio of 3.64. The firm has a fifty day moving average of $1.03 and a 200-day moving average of $1.04. Gossamer Bio (NASDAQ:GOSS – Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The company reported ($0.16) EPS for the quarter, topping the consensus estimate of ($0.18) by $0.02. The business had revenue of $9.89 million for the quarter, compared to the consensus estimate of $3.95 million. On average, equities research analysts forecast that Gossamer Bio, Inc. will post -0.28 earnings per share for the current year. Wall Street Analysts Forecast Growth GOSS has been the topic of a number of recent research reports. The Goldman Sachs Group lifted their target price on Gossamer Bio from $7.00 to $8.00 and gave the stock a “buy” rating in a research report on Friday, May 16th. Wedbush reissued an “outperform” rating and set a $4.00 target price on shares of Gossamer Bio in a research report on Friday, May 16th. Finally, HC Wainwright reissued a “buy” rating and set a $10.00 target price on shares of Gossamer Bio in a research report on Tuesday, March 18th. Check Out Our Latest Report on GOSS About Gossamer Bio (Free Report) Gossamer Bio, Inc, a clinical-stage biopharmaceutical company, focuses on developing and commercializing seralutinib for the treatment of pulmonary arterial hypertension (PAH) in the United States. The company is developing GB002, an inhaled, small molecule, platelet-derived growth factor receptor, or PDGFR, colony-stimulatin factor 1 receptor and c-KIT inhibitor, which is in Phase 3 clinical trial for the treatment of PAH. See Also Five stocks we like better than Gossamer Bio How to Profit From Growth Investing AppLovin Dips on S&P 500 Snub, Morgan Stanley Lifts Target Anyway High Dividend REITs: Are They an Ideal Way to Diversify? Casey’s Surges on Strong Q4, More Gains Likely Ahead What Are Dividend Achievers? An Introduction Government Mandate Sends eVTOL Stocks Flying Want to see what other hedge funds are holding GOSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gossamer Bio, Inc. (NASDAQ:GOSS – Free Report).
- 06/11/2025
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Never Bet Against America? I'm Considering It With This International ETF
- The U.S. remains the dominant global economic power, but ongoing trade tensions may threaten its long-term leadership. I continue to invest in American businesses, but believe diversifying internationally is prudent for long-term wealth building. Uncertainty from U.S. trade policies could prompt other nations to unify and reduce reliance on America, shifting global dynamics.
- 06/10/2025
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'Trump accounts': CEOs to unveil investments for newborns at White House
- CEOs are attending President Donald Trump's roundtable event touting a program that would deposit $1,000 in investment accounts for newborn Americans. The executives are expected to announce that they will collectively invest billions of dollars into the so-called Trump accounts for the children of their employees.
- 06/09/2025
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Julie R. Smith Named Metiri Group CEO
- Smith to Lead New Era of Client-Centered Growth GENEVA, Ill. , June 9, 2025 /PRNewswire/ -- Metiri Group, a leading expert and partner in environmental testing solutions, today announced the appointment of Julie R.
- 06/09/2025
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Julie R. Smith Named Metiri Group CEO
- Smith to Lead New Era of Client-Centered Growth GENEVA, Ill. , June 9, 2025 /PRNewswire/ -- Metiri Group, a leading expert and partner in environmental testing solutions, today announced the appointment of Julie R.
- 06/06/2025
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Goldman Refocuses on Investment Banking: Will It Pivot to Profit?
- GS doubles down on investment banking, shedding consumer units as M&A leadership and advisory backlog hint at a rebound.
- 06/05/2025
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Goldman Sachs (GS) Stock Declines While Market Improves: Some Information for Investors
- The latest trading day saw Goldman Sachs (GS) settling at $599.21, representing a -0.77% change from its previous close.
- 06/04/2025
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The Goldman Sachs Group, Inc. (GS) is Attracting Investor Attention: Here is What You Should Know
- Goldman (GS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 06/04/2025
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These 5 ETFs (QQQI, JEPQ, SCHD, DIVO, SPYI) Are Passive Income Machines
- Key Points A “more is better” approach can help you diversify your portfolio while generating passive income. Five fascinating funds will tempt income seekers with potent yields and strong growth prospects. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; get started by clicking here.(Sponsor) Stock picking is fine, but exchange traded funds (ETFs) can enable immediate diversification without sacrificing growth and income opportunities. By selecting multiple funds instead of just one, you can achieve an extra measure of safety while also turning your portfolio into a veritable income-generating machine. The idea is to pick out ETFs with notable distribution yields (i.e., annualized cash payment percentages), but also to focus on a wide variety of funds with share-price growth potential. Now, let’s drill down on five fabulous ETFs so you can start accumulating shares for your income-machine portfolio today. NEOS NASDAQ-100 High Income ETF (QQQI) The name of the NEOS NASDAQ-100 High Income ETF (NASDAQ:QQQI) might lead you to assume that this fund only offers a hefty yield. There’s more to the story, though, as the QQQI ETF also enables investors to participate in strong technology-focused growth opportunities. Based on the NASDAQ 100 stock index with approximately 100 holdings, the NEOS NASDAQ-100 High Income ETF includes many large-cap tech names you’ll surely recognize. Some examples are NVIDIA (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Meta Platforms (NASDAQ:META), Amazon (NASDAQ:AMZN), and Broadcom (NASDAQ:AVGO). There’s no denying that technology giants like Apple and NVIDIA are robust revenue generators. Consequently, the NEOS NASDAQ-100 High Income ETF share price could grow substantially over the long term. At the same time, many investors flock to the QQQI ETF for its eye-catching 13.92% distribution yield. Granted, the fund subtracts an annualized management fee (also known as the expense ratio) of 0.68% from the share price. Still, even after the expense ratio is taken out, investors can look forward to outstanding annual income with the QQQI ETF. Along with that, you’ll get to participate in the growth prospects of terrific tech titans when you hold the NEOS NASDAQ-100 High Income ETF. JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) There’s another passive income machine that’s similar to QQQI, but it’s not identical. Brought to you by famous financier JPMorgan Chase (NYSE:JPM), the JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) squeezes extra income from a range of high-confidence technology leaders. Much like the QQQI ETF, the JPMorgan Nasdaq Equity Premium Income ETF focuses on the NASDAQ 100 and includes around 100 stocks (108, to be exact). From Microsoft to Apple, Amazon, and many more, you’ll find plenty of high-growth tech names in JEPQ. There’s a trade-off with the JPMorgan Nasdaq Equity Premium Income ETF when compared to the NEOS NASDAQ-100 High Income ETF. On the negative side, JEPQ has a rolling 12-month dividend yield of 11.01%, which isn’t as impressive as QQQI’s 13.92% distribution yield. On the positive side, however, the JPMorgan Nasdaq Equity Premium Income ETF has an annualized expense ratio of 0.35%. This is lower than the NEOS NASDAQ-100 High Income ETF’s 0.68% annual management fee. Perhaps most importantly, you’ll have the reassurance that comes with well-established fund management by JPMorgan Chase. Thus, for an interesting alternative to the QQQI ETF, the JPMorgan Nasdaq Equity Premium Income ETF is absolutely worth considering. Schwab U.S. Dividend Equity ETF (SCHD) Maybe you’re seeking a passive income machine that’s not as technology-heavy as QQQI and JEPQ. In that case, you’ll want to check out the Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD). This fund includes has 103 stocks in its portfolio, but SCHD doesn’t track the NASDAQ 100 index. Instead, the Schwab U.S. Dividend Equity ETF tracks the Dow Jones U.S. Dividend 100 Index. Take a look at the fund’s top 10 holdings and you’ll find some technology firms, such as Cisco Systems (NASDAQ:CSCO) and Texas Instruments (NASDAQ:TXN). Yet, you’ll also see names from other sectors, including Home Depot (NYSE:HD), Coca-Cola (NYSE:KO), Lockheed Martin (NYSE:LMT), and Conoco Phillips (NYSE:COP). Moreover, the Schwab U.S. Dividend Equity ETF offers a trailing 12-month distribution yield of 3.72% with an annual expense ratio of just 0.06%. The ultra-low management fees allow investors to grow their accounts steadily with the SCHD ETF. Two More Picks for Low Volatility To cap off this list of passive income machine picks, I’ve got two relatively low-risk funds to show you. First, there’s an ETF that concentrates on dividend-growing businesses instead of gigantic yield. The Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) features a 4.81% annual distribution rate but also a 0.56% expense ratio, so the income opportunities are good but not jaw-dropping. On the other hand, DIVO tends to be low-volatility as it holds a diverse array of safe names, such as Home Depot, Visa (NYSE:V), Caterpillar (NYSE:CAT), Microsoft, and Goldman Sachs (NYSE:GS). The Amplify CWP Enhanced Dividend Income ETF emphasizes “high-quality large cap companies with a history of dividend and earnings growth.” This approach will typically reduce share-price volatility, so investors can sleep well at night while collecting passive income with DIVO. In a similar vein, the NEOS S&P 500 High Income ETF (BATS:SPYI) is de-risked because it holds well-known large-cap stocks in multiple sectors. Indeed, SPYI might be the least risky fund on this list as it includes approximately 500 stocks in its holdings. Because the NEOS S&P 500 High Income ETF generates income from the S&P 500 index, it is a widely diversified fund. So, there’s a safety factor built into the SPYI ETF. In addition, the NEOS S&P 500 High Income ETF is an enticing passive income machine with a 12.11% annual distribution rate. The fund’s 0.68% annual expense ratio isn’t super-low, but the fees may be justified as SPYI brings high yield and instant diversification to the table. All in all, I like DIVO and SPYI for reduced volatility, SCHD for low management fees, and QQQI and JEPQ for technology-sector exposure.The post These 5 ETFs (QQQI, JEPQ, SCHD, DIVO, SPYI) Are Passive Income Machines appeared first on 24/7 Wall St..
- 06/03/2025
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Mews' AI-Powered Smart Tips Top 5 Million Weekly Views, Revolutionizing Guest Personalization
- AI-powered feature centralizes key guest insights in real-time, empowering hoteliers to deliver personalized service at scale NEW YORK and AMSTERDAM, June 3, 2025 /PRNewswire/ -- Mews, the industry-leading hospitality cloud, has announced a major milestone in broadening hospitality teams leveraging AI in their day-to-day. AI Smart Tips is reshaping guest interactions by giving hotel staff easy access to a centralized summary of each guest's key information and preferences, available at every point of contact throughout the guest's stay. Mews AI Smart Tips are now viewed over 5 million times a week by hoteliers around the world, helping them to personalize the experience for their guests. Gone are the days of sifting through scattered notes and CRM tabs. AI Smart Tips intelligently compiles and summarizes data such as reservation details, housekeeping notes, and past stay behavior, giving hotel teams an instant, actionable snapshot of each guest. Employees are now encouraged to take notes of anything that can be used to delight guests in the future. The result: faster insights, fewer missed opportunities, and consistently exceptional service. At Boardwalk Boutique Hotel Aruba, a 49-room family-run oasis nestled in a former coconut plantation, AI Smart Tips has fundamentally changed how their team operates. "Our guest experience is our loyalty program. That's what our guests come back for," said Trisha Reinkemeyer, Assistant Hotel Manager at Boardwalk Boutique Hotel Aruba. "With AI Smart Tips, our staff sees everything they need in one blink of an eye. The bananas our housekeeping team noticed in a guest's room? The system remembered, so we made sure to leave bananas in their room during their next day. It's those small details that put a smile on their face." Boardwalk's team reads every Smart Tip, combining this insight with Guest Lifetime Value data to fine-tune service for their highly loyal clientele - some of whom have been returning for over 30 years. AI Smart Tips even inspired them to test a post-stay feedback tool to one that feeds directly into guest notes, knowing Mews will surface this valuable context when it matters most. For Robin Schluter, Owner at Auberge St Pol in Belgium, AI Smart Tips has transformed the guest welcome experience: "The AI Smart Tips feature in Mews has revolutionized how we greet returning guests, adding a personal touch to each interaction. The feature has streamlined our operations and enhanced our ability to deliver top-notch service to every guest." Designed for the Way Teams Work AI Smart Tips lives directly in the guest profile - one of the most frequently accessed areas of the PMS – and in the Reservation calendar, making it a seamless addition to daily workflows. It's a major time-saver for busy teams, cutting down hours previously spent switching between systems and searching for relevant guest insights. By harnessing AI to centralize guest intelligence, Mews AI Smart Tips allows every team member, from front desk to housekeeping, to become a service expert with just a glance. About Mews Mews is the leading platform for the new era of hospitality. Powering 12,500 Customers across more than 85 countries, Mews Hospitality Cloud is designed to streamline operations for modern hoteliers, transform the guest experience and create more profitable businesses. Customers include BWH Hotels, Strawberry, The Social Hub and Airelles Collection. Mews was named Best PMS (2024, 2025) and listed among the Best Places to Work in Hotel Tech (2021, 2022, 2024, 2025) by Hotel Tech Report. Mews has raised $410 million from investors including Goldman Sachs Alternatives, Kinnevik and Tiger Global Management to transform hospitality. https://www.mews.com/en Media Contact:Katie Halfhead551 795 5950[email protected]
- 06/03/2025
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Goldman Sachs Asset Management Announces Final Liquidating Distribution of $0.291 Per Share for Goldman Sachs MLP and Energy Renaissance Fund
- NEW YORK--(BUSINESS WIRE)--Goldman Sachs Asset Management is announcing the final liquidating distribution of $0.291 per common share of the Goldman Sachs MLP and Energy Renaissance Fund (the “Fund”). Pursuant to the Fund's Plan of Liquidation and Dissolution previously announced on June 7, 2023, shareholders of the Fund as of the close of business on July 10, 2023 will be entitled to receive the liquidating distribution. The liquidating distribution will be paid entirely in cash and will repre.
- 05/30/2025
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Goldman Sachs (GS) Stock Dips While Market Gains: Key Facts
- Goldman Sachs (GS) closed the most recent trading day at $604.86, moving -0.59% from the previous trading session.
- 05/29/2025
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Goldman Sachs President John Waldron: Dealmaking Outlook Is Still ‘Quite Good'
- Goldman Sachs President and Chief Operating Officer John Waldron said he is confident in the bank's dealmaking pipeline despite tariff-related uncertainty. “Our investment banking business is very strong, and I think the outlook remains quite good,” said Waldron, whose comments to investors at a conference Thursday (May 29) were reported by Reuters.
- 05/29/2025
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The Goldman Sachs Group, Inc. (GS) Bernstein's 41th Annual Strategic Decisions Conference (Transcript)
- The Goldman Sachs Group, Inc. (NYSE:GS ) Bernstein's 41th Annual Strategic Decisions Conference May 29, 2025 9:00 AM ET Company Participants John Waldron - COO and President Unidentified Company Representative All right. I think we'll get started here.
- 05/29/2025
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Goldman Sachs says deal outlook is good, but timing is uncertain
- Goldman Sachs President John Waldron said on Thursday that the outlook for investment banking remains "quite good."
- 05/29/2025
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Shareholders Of Goldman Sachs Should Consider Hedging Rate Risk With Goldman Preferred Shares
- Goldman Sachs delivered strong Q1 earnings, driven by global banking growth and disciplined cost control, despite asset management headwinds. Interest rate uncertainty and a premium valuation make GS common shares more sensitive to volatility and earnings disappointments. Analysts still expect double-digit earnings growth for GS over the next three years, but near-term risks remain.
- 05/27/2025
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Goldman Sachs (GS) Could Be a Great Choice
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 05/26/2025
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How Big Banks Can Profit From Bond Market Angst
- Lenders face plenty of risks, but rising longer-term interest rates can work to their advantage.
- 05/26/2025
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Cathay Financial downgraded to Neutral from Buy at Goldman Sachs
- Goldman Sachs analyst Thomas Wang downgraded Cathay Financial to Neutral from Buy with a NT$65 price target. The firm cites valuation for the downgrade with the shares up 33% from the April low.
- 05/25/2025
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Goldman Sachs (GS) Increases Despite Market Slip: Here's What You Need to Know
- Goldman Sachs (GS) concluded the recent trading session at $598.54, signifying a +0.05% move from its prior day's close.
- 05/23/2025
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Goldman Vs Evercore: Which Investment Banking Stock is a Smarter Bet?
- GS and EVR are focusing on strengthening their IB businesses. Read on to know which stock presents a better opportunity.
- 05/22/2025
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Goldman Consolidates Asia IB Businesses, Boosts Regional Synergy
- GS merges three Asian IB units to streamline regional deal-making and optimize capital market strategies.
- 05/22/2025
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Goldman Sachs combines three Asia IB businesses, names Drayton new unit head
- Goldman Sachs is merging three Asian investment banking businesses it previously managed separately into a single unit to integrate its regional deals advisory and capital market capabilities, according to a memo reviewed by Reuters.
- 05/21/2025
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I Sold These Big Bank Stocks Hand Over Fist
- The banking sector is facing headwinds and the big bank stock prices are stretched. While the big banks might get reserve requirement relief, that might weaken them by thinning their financial cushions. I have been selling four Globally Systemically Important Bank stocks.
- 05/21/2025
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The Goldman Sachs Group, Inc. (GS) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to Goldman (GS). This makes it worthwhile to examine what the stock has in store.
- 05/21/2025
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The Big 3: BLK, LHX, GS
- Crypto, defense, and banking are the focal points for Jessica Inskip on today's Big 3. She sees fiscal tailwinds in the crypto space benefitting Blackrock (BLK), cites L3Harris (LHX) as a strong defense leader, and expects Goldman Sachs (GS) to be driven by expected deals in 2H25.
- 05/20/2025
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Goldman Sachs: I See Further Upside
- Goldman Sachs has outperformed the S&P 500 and financial sector, demonstrating resilience and strong trading performance in volatile markets. Q1 results showcased standout equity trading and steady growth in Asset & Wealth Management, providing both upside and dependable revenue streams. Impending regulatory easing could free up capital, enabling Goldman to pursue more earnings-accretive activities and further drive growth.
- 05/18/2025
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Why Is Goldman (GS) Up 18.9% Since Last Earnings Report?
- Goldman (GS) reported earnings 30 days ago. What's next for the stock?
- 05/14/2025
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Goldman Sachs Considering Expanding Retail Bank Into Ireland and Germany
- Goldman Sachs Group is reportedly considering expanding its retail bank, Marcus, to Ireland and Germany. The company has held early-stage discussions with Irish regulators and is taking another look at Germany, where it once planned to launch in 2019, Bloomberg reported Tuesday (May 13), citing unnamed sources.
- 05/13/2025
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Bestow Closes $120 Million Oversubscribed Series D Funding, Co-Led by Growth Equity at Goldman Sachs Alternatives and Smith Point Capital
- Bestow tripled revenue in 2024, achieved 10x growth over two years, and expects to continue growing exponentially, with profitability on the horizon DALLAS , May 13, 2025 /PRNewswire/ -- Bestow Inc. , a leading insurance technology company, today announced the close of a $120 million oversubscribed Series D funding round, including primary and secondary investments. The round was co-led by Growth Equity at Goldman Sachs Alternatives and Smith Point Capital.
- 05/13/2025
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Dow Jones called lower as UnitedHealth CEO resigns, Goldman Sachs ups US growth forecast
- US stocks are set to see some of their strong gains from the start of the week wiped out, as futures on Tuesday were pointing to a mixed start on Wall Street. Futures for the S&P 500 index were down 0.2%, while those for the tech-powered Nasdaq were less than 0.1% in the red.
- 05/13/2025
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Goldman Sachs hikes growth forecasts, predicts Fed will not cut rates til December
- Goldman Sachs has upped its US growth forecasts, following the Trump administration's agreement of a 90-day pause on tariffs with China at the start of the week. The agreement will leave the US and China with 2025 tariff increases of 30% and 15%, respectively.
- 05/13/2025
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Goldman notches back the prospect of a US recession after US-China trade ceasefire
- Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) has lowered its estimate of the likelihood of a US recession over the coming year to 35%, down from 45%, pointing to an easing of trade tensions between the United States and China. The change followed an agreement announced on Monday by both countries to suspend tariff increases for 90 days.
- 05/13/2025
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Banks boosted by trade and economic hopes, but Tim And Karen fade Citi
- The 'Fast Money' traders talk how they are playing big banks.
- 05/12/2025
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50 Fortune World's Most Admired Companies (FWMAC): 24 "Safer", 1 Ideal Buy
- Fortune and Korn Ferry's survey identified the top 50 Most Admired Companies, focusing on criteria like investment value, management quality, and social responsibility. Four dividend-paying companies, including Pfizer and Nordstrom, met the "safer" qualification with free cash flow yields exceeding dividend yields. Analysts estimate net gains of 19.58% to 41.46% for top Fortune 50 WMA companies by May 2026, with Novo Nordisk leading.
- 05/12/2025
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Goldman Sachs: An Almost Perfect GARP Opportunity (Rating Upgrade)
- Since my last writing, a few changes have made Goldman Sachs stock an attractive combination of growth, value, and dividends. GS's profits doubled YOY in FQ4 2024, with significant contributions from Global Banking & Markets and Asset Management continuing into FQ1 2025. I see robust growth continuing given the many ongoing catalysts, such as the new Capital Solutions Group and the potential for enhanced private credit/private equity offerings.
- 05/11/2025
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Are You Looking for a High-Growth Dividend Stock?
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 05/09/2025
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Investors Heavily Search The Goldman Sachs Group, Inc. (GS): Here is What You Need to Know
- Goldman (GS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 05/07/2025
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Goldman Stock Dips 15% in 3 Months: Should You Hold or Exit?
- The Goldman Sachs Group, Inc. GS shares have tumbled 15% in the past three months compared with the industry's decline of 10.3%. The stock has been rattled by escalating trade war concerns, with tariffs raising fears of high inflation and a possible global economic slowdown.
- 05/06/2025
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Goldman Sachs ramps up push into digital assets
- Mathew McDermott, global head of digital assets at Goldman Sachs joins CNBC's Dan Murphy onstage at TOKEN2049 to discuss how the firm is expanding trading activity, exploring crypto lending and betting big on tokenization.
- 05/03/2025
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Dogs Of The Dow Chase May's 'Safer' Buy
- Verizon is the only Dow Dog meeting the ideal of annual dividends from $1K invested exceeding the single share price, supported by adequate free cash flow. Analyst projections suggest top Dow Dogs could net gains between 21.02% and 45.17% by May 2026, with an average net gain of 32.18%. 28 of 30 current Dow-listed stocks pay dividends. As of 5/1/25, the top ten ranged from 2.64%-6.26% by annual yield, and another top ten ranged from 18.06%-46.15% in broker-estimated target-price-upsides.
- 05/03/2025
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All That Glitters Is Not Gold, 2 BDCs To Avoid Before They Cut Again
- The BDC land consists of a small number of players, most of which have tiny market cap levels. Even though the asset class is relatively shallow and niche-like, we can still find some strong brand names operating here. Theoretically, this should provide an advantage in terms of accessing sizeable and high-quality private credit investments.
- 05/03/2025
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Goldman Sachs scrubs mentions of ‘Black' from racial diversity web page amid DEI rollback
- In 2021, Goldman launched the "One Million Black Women" program pledging $10 billion in investments specifically aimed at supporting black women.
- 05/02/2025
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Goldman Sachs CEO says markets will 'settle down' after a 'reset of expectations'
- Goldman Sachs CEO David Solomon told Bloomberg as policy uncertainty declines, activity in capital markets will increase in response to new expectations.
- 04/30/2025
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Bank of America Bullish on Blue-Chip Dividend Banks: 4 Strong Buy Stock Picks
- One very positive item for investors when earnings season rolls around every quarter is that the big money center and investment banks are always among the first to report.
- 04/28/2025
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Goldman Sachs makes two appointments to Asia ex-Japan M&A leadership
- Goldman Sachs has appointed Sushil Bathija as Asia ex-Japan head of mergers and acquisitions (M&A), and Vikram Chavali as Asia ex-Japan head of sponsors M&A, according to an internal memo on Monday seen by Reuters.
- 04/28/2025
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Major Market Disconnect: 5%+ Yields Trading For Pennies On The Dollar
- One opportunity yields 5.7% and trades at a 31% discount to NAV. The other yields 5% and trades at a 42% discount to NAV. Both are proven inflation hedges and have strong insider-aligned management in sectors the market has deeply mispriced.
- 04/26/2025
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Better Dividend Stock: JPMorgan Chase vs. Goldman Sachs
- The Dow Jones Industrial Average is down 12% from its all-time high at the time of writing, as sweeping changes to U.S. trade policy usher in concerns regarding the economy's strength.
- 04/26/2025
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Buy this bank stock after record-setting insider trade?
- Corporate insider sales are not a relatively common feature, thanks to many high-ranking employees receiving compensation primarily in the form of equity. However, direct purchases tend to be rarer and, arguably, more noteworthy.
- 04/25/2025
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Here is What to Know Beyond Why The Goldman Sachs Group, Inc. (GS) is a Trending Stock
- Recently, Zacks.com users have been paying close attention to Goldman (GS). This makes it worthwhile to examine what the stock has in store.
- 04/24/2025
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Why Goldman Sachs (GS) is a Great Dividend Stock Right Now
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 04/23/2025
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Goldman shareholders OK $160M pay packages for David Solomon, John Waldron despite opposition
- Proxy adviser Glass Lewis had earlier recommended investors cast vote against the compensation plans, citing the bank's "continued inability to align pay with performance."
- 04/23/2025
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Credit a 'short squeeze' for the stock market's big two-day bounce
- Short-covering was on display as stocks shot up on signs of easing tensions on trade even though no concrete deals have been reached yet.
- 04/23/2025
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Is Goldman Stock Worth Considering Now After Q1 Earnings Beat?
- GS's focus on core business and expansion in private equity lines look encouraging. Read on to know whether to buy the stock now or wait for a better entry point.
- 04/23/2025
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3 Stocks to Buy Now for Tariff Immunity
- There's a new commodity in the financial markets today, and that's any stock (or business, for that matter) that carries a certain level of immunity to the recent trade tariffs rolled out by President Trump. With the level of uncertainty and volatility spreading across the S&P 500 index and other global markets, these stocks will be the most oversubscribed once more participants realize that safety and immunity will trade at a premium.
- 04/23/2025
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Goldman Sachs CEO David Solomon: Trump's tariffs delay did not decrease the level of uncertainty
- Goldman Sachs CEO David Solomon joins 'Squawk Box' to discuss the latest market trends, fallout from President Trump's trade policy, impact of policy uncertainty on the markets, state of the economy, the Fed's inflation fight, M&A outlook, the Trump administration's relationship with the business community, investing in women's sports, and more.
- 04/22/2025
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Goldman Sachs CEO David Solomon: The level of uncertainty is too high and not productive
- Goldman Sachs CEO David Solomon joins 'Squawk Box' to discuss the latest market trends, fallout from President Trump's trade policy, impact of policy uncertainty on the markets, state of the economy, the Fed's inflation fight, M&A outlook, the Trump administration's relationship with the business community, investing in women's sports, and more.
- 04/22/2025
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A Golden Buying Opportunity For Big Dividend Growth Investors
- Warren Buffett's “washtub moment” is here — are you ready to cash in? These 4 dividend-growth plays have big yields, impressive growth, and are poised to soar. Recession-resistant, inflation-resistant, and massively discounted—get in before Wall Street catches on.
- 04/22/2025
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How Long Will Big U.S. Banks Continue to Lead the World?
- The trade war threatens the global dominance and growth of America's megabanks.
- 04/21/2025
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Our Top 10 High Growth Dividend Stocks - April 2025
- The article provides a methodology for selecting high-growth dividend-paying stocks, focusing on dividend growth and sustainability rather than high current yield. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. The final list of ten stocks is chosen based on sector diversity, high-growth quality scores, and positive momentum, suitable for investors in the accumulation phase.
- 04/19/2025
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Goldman Sachs Just Revealed What's Next for Markets
- Now that earnings season is underway again, investors get a chance to see what's happening behind the scenes of the financial sector, including some of the main players of the United States economy and the so-called “Masters of the Universe” on Wall Street.
- 04/17/2025
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Gold and Silver: Safe Haven or Overhyped as Summer Heats Up?
- Key Points Gold and silver are soaring, but some folks may think it’s too late to buy. Gold and silver remain fantastic hedges in a time of tariffs. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; get started by clicking here here.(Sponsor) Gold and silver have been shining bright as the stock market fell off a cliff due to fears over the impact of Donald Trump’s wide-sweeping tariffs. Sure, the stock market was given a big break, rallying the most in decades, as investors learned of a 90-day tariff pause on all nations but China, which now faces 145% levies. With gold smashing past $3,260 per ounce and silver not too far off from its own highs while the stock and bond markets are stuck in limbo, it’s tough not to think about upping one’s gold and silver exposure, even if it means paying up a premium price tag. Gold and silver have gained by an astounding 35% and 12%, respectively, over the past year. Meanwhile, the S&P 500 has gained 6% while the tech-heavy Nasdaq 100 is down more than 10%. The relative outperformance of the two precious metals is striking. And while the tides could turn if Trump delivers more clarity on tariffs while steering clear of the most devastating ones (that 145% tariff on China) that could propel the world economy into a recession (or worse), I still think it makes sense to expose a portfolio to gold, silver, or a mix of the two for the long haul. At the end of the day, gold and silver are excellent portfolio diversifiers, especially for a time like this: when a global trade war threatens to sink the global economy into a man-made economic downturn. Of course, it’s a horrific time, with some pundits comparing the current environment to the Great Depression, which was worsened by the Smoot-Hawley tariff act. Indeed, Trump tariffs seem just as scary as the ones imposed way back in 1930. Gold could shine brighter if tariffs send the economy into a downturn. With former U.S. Treasury Secretary Janet Yellen saying the U.S. would be “lucky to skirt a recession,” it still seems like the only thing that will glitter in this market is gold, and maybe silver. Thus far, these precious metals have been a precious hedge for investors against the mounting macro turmoil as well as the weakness in the greenback. If a recession becomes unavoidable and tariffs weigh on the chance of a timely recovery, gold and silver may still have more gas in the tank. As more investors crowd around the gold and silver trade, some folks may be on bubble watch. Indeed, it’s never a good idea to chase assets, especially those that one cannot value. With no dividends, cash flows, or fundamentals to go by, it’s pretty much impossible to tell what’s next for gold. That said, I don’t see a bubble, even after 60% gains in two years. The last great hedge? If the deep cut of tariffs gets felt, I see a sustainable path higher for gold. It’s been one of the best-performing assets since Trump pulled the curtain on his tariffs. And as they’re imposed, there’s really no telling how high gold could rise, as central banks look away from the U.S. dollar and towards bullion. Looking ahead, Goldman Sachs (NYSE:GS) thinks gold could hit the $3,700 mark by year-end. That’s a bold, but realistic call that could set the stage for $4,000 gold in 2026. While gold and silver (the bullion, ETFs, mining stocks, and so on) aren’t without their fair share of risks at today’s euphoric all-time highs, I do view the asset as a great hedge against a catastrophic scenario with tariffs. If you’re overweight stocks and bonds, perhaps adding some gold can help improve upon the risk profile further. I’d argue it can’t hurt, even though a pullback could strike if tariffs are lifted. Of course, if tariffs are lifted, gold’s decline would probably be dwarfed by the swift gains likely to be enjoyed in the stock market. Is gold overhyped going into summer? Sure, as bullion flies off Costco shelves, a strong case could be made that there’s a gold rush of sorts as investors look to lowly correlated assets. However, just because an asset is hyped does not mean there’s a bubble and further gains can’t be had. The way I see it, gold is still a shining hedge to be leaned on in these trying times. Higher tariffs on? Gold will shine. Tariffs off? Gold could lose its luster, but, at the very least, stocks could become great again. The post Gold and Silver: Safe Haven or Overhyped as Summer Heats Up? appeared first on 24/7 Wall St..
- 04/17/2025
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Wall Street trading desks are feasting on the volatility from Trump's global upheavals
- Wall Street banks just posted their biggest-ever haul from stock trading as the opening months of President Donald Trump's tenure led to upheavals across asset classes. Goldman Sachs, Morgan Stanley, JPMorgan Chase and Bank of America each notched record equities trading revenue in the first quarter.
- 04/16/2025
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Big bank earnings: One analyst's key takeaways
- Bank of America (BAC) and Citi (C) beat expectations with strong first quarter results, boosting investor confidence and lifting both stocks. RBC Capital Markets bank analyst Gerard Cassidy joins Market Domination to break down what's driving bank earnings.
- 04/15/2025
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Bank CEOs avoid criticism of tariff policies — but agree clients want clarity
- The big U.S. banks refrained from any sharp attacks on the tariff policies that have caused trillions of dollar of losses in the stock market in recent weeks, saying they see little sign of a recession as unemployment remains low and consumers are still spending.
- 04/15/2025
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Wall Street Lunch: Banks Liking These Market Swings
- Banks like Goldman Sachs, Bank of America, and Citigroup are thriving amid market volatility, with strong trading and equity sales driving impressive earnings. Johnson & Johnson shows resilience, while Albertsons struggles with lower-than-expected EPS and sales projections.
- 04/15/2025
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Goldman Sachs Analysts Slash Their Forecasts After Q1 Earnings
- The Goldman Sachs Group, Inc. posted better-than-expected earnings for its first quarter.
- 04/15/2025
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Why Goldman Sachs Stock Is Flat Despite Solid Early Trends In Earnings Growth
- Goldman Sachs' Q1 earnings show a 36% increase in net earnings despite modest revenue growth and higher operating expenses, indicating strong financial performance. CEO Solomon warns of a challenging Q2 due to a changing operating environment and potential recession impacts from the ongoing tariff war. The bank's revenue is now heavily reliant on market-facing segments, with deal-making shrinking significantly, and increasing risks overall from U.S.-China trade tensions.
- 04/15/2025
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Bank Trading Desks Are Minting Money From Trump's Tariff Chaos
- Goldman Sachs, JPMorgan and Morgan Stanley all saw huge jumps in trading revenue.
- 04/14/2025
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Goldman Sachs EPS Surges Past Forecast
- Goldman Sachs (GS 2.33%), a leading global investment banking firm, revealed its Q1 2025 GAAP earnings on 2025-04-14.
- 04/14/2025
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Trade Tracker: Steve Weiss buys Netflix, Meta, Taiwan Semi, Nvidia, Leidos and Goldman Sachs
- Steve Weiss, founder and managing partner at Short Hills Capital Partners, joins CNBC's "Halftime Report" to detail his latest buys despite his bearish market outlook.
- 04/14/2025
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The Goldman Sachs Group, Inc. (GS) Q1 2025 Earnings Call Transcript
- The Goldman Sachs Group, Inc. (NYSE:GS ) Q1 2025 Earnings Conference Call April 14, 2025 9:30 AM ET Company Participants David Solomon - Chairman and CEO Denis Coleman - CFO Conference Call Participants Glenn Schorr - Evercore Ebrahim Poonawala - Bank of America Christian Bolu - Autonomous Research Betsy Graseck - Morgan Stanley Mike Mayo - Wells Fargo Securities Steven Chubak - Wolfe Research Devin Ryan - Citizens Matt O'Connor - Deutsche Bank Erika Najarian - UBS Gerard Cassidy - RBC Jim Mitchell - Seaport Global Securities Saul Martinez - HSBC Dan Fannon - Jefferies Operator Good morning. My name is Katie, and I will be your conference facilitator today.
- 04/14/2025
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Goldman Sachs tops Q1 expectations
- Goldman Sachs's (GS) first quarter earnings came in better than expected despite a complicated policy landscape under Trump 2.0. Goldman Sachs CEO David Solomon noted that the market is "entering the second quarter with a markedly different operating environment than earlier this year.
- 04/14/2025
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Goldman Tops Q1 Earnings on Higher Equity Trading Revenues, Stock Up
- GS first quarter 2025 results reflect a rise in the Global Banking & Markets division, with record Equity trading revenues.
- 04/14/2025
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Goldman Sachs Stock Jumps on Quarterly Beat
- Bank stock Goldman Sachs Group Inc (NYSE:GS) is up 2.5% at $506.83 at last glance, after the company's better-than-expected first-quarter report.
- 04/14/2025
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Goldman Sachs CEO Sees 'Markedly Different Operating Environment' Entering Q2, Announces $40 Billion Stock Buyback
- Goldman Sachs Group Inc. GS shares are trading higher on Monday after the company reported its first-quarter results.
- 04/14/2025
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Goldman (GS) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
- While the top- and bottom-line numbers for Goldman (GS) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 04/14/2025
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Goldman shares rise despite slowdown in deal-making as volatility boosts trading
- Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) opened around 3% higher on Wall Street despite a slowdown in investment banking fees, as strong trading revenue lifted overall results. First-quarter profits rose 15% to $4.74 billion, with revenue up 6% at $15 billion.
- 04/14/2025
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Goldman's Stock Traders Post Record Revenue in 1Q
- Goldman Sachs's equity-trading revenue rose 27% from a year earlier to $4.19 billion in the first quarter as stock traders posted their highest quarterly revenue haul on record. Sonali Basak reports on Bloomberg Television.
- 04/14/2025
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Goldman Sachs (GS) Q1 Earnings and Revenues Beat Estimates
- Goldman Sachs (GS) came out with quarterly earnings of $14.12 per share, beating the Zacks Consensus Estimate of $12.71 per share. This compares to earnings of $11.58 per share a year ago.
- 04/14/2025
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Goldman Sachs raises year-end gold forecast to 3,700
- CNBC's Kelly Evans reports on news regarding a forecast for the price of gold.
- 04/14/2025
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Goldman Sachs' profit jumps as traders deliver gains
- Goldman's profit rose to $4.74 billion, or $14.12 per share, for the three months ended March 31, the bank said. That compared with $4.13 billion, or $11.58 per share, a year earlier.
- 04/14/2025
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Market turmoil lifts Goldman's trading, hurts dealmaking business
- Goldman Sachs reported earnings for the first quarter of 2025 on Monday. The bank said it brought in net revenue of more than $15 billion in the quarter.
- 04/14/2025
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Goldman Sachs delivers earnings beat after record quarter for equities traders
- Shares in Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) climbed 2.6% pre-market as the bank reported stronger earnings than expected and announced a $40 billion share buyback. Earnings per share came in at $14.12 for the first quarter, versus the $12.26 consensus estimate, strongly higher than the $11.58 for the first quarter of 2024 and $11.95 for the fourth quarter of 2024.
- 04/14/2025
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Goldman Sachs Results Mostly Top Estimates in 'Markedly Different' Environment
- Goldman Sachs (GS) shares advanced in premarket trading Monday after the bank's first-quarter results mostly topped analysts' estimates.
- 04/14/2025
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Goldman Sachs cashes in on stock market turmoil as bank posts $4.7B profit
- Goldman Sachs released its earnings after President Donald Trump moved to cool threats of a global trade war.
- 04/14/2025
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Nasdaq set to lead further Wall Street rally, Apple climbs on tariff exemption, Goldman reports
- US stock indices are expected to continue rallying on Monday, where they left off last week, following the exemption from 'reciprocal' tariffs for smartphones and computers. Tech companies were predicted to lead the gains at the start of the week, with Nasdaq 100 futures rising 1.7%, followed by a 1.5% gain for S^P 500 futures and 1% for the Dow Jones.
- 04/14/2025
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Goldman brings in third-best quarterly revenue ever thanks to jump in equities trading
- CNBC's Leslie Picker reports on news regarding Goldman Sachs' earnings.
- 04/14/2025
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Gold could hit $3,700 by the year-end amid tariff and recession worries, says Goldman
- Goldman Sachs has raised its year-end 2025 gold price forecast to $3,700 an ounce, citing stronger demand from central banks and rising interest from investors seeking safe-haven assets amid recession concerns. In a note, the bank predicted prices could range between $3,650 and $3,950, and said a downturn could push prices as high as $3,880.
- 04/14/2025
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Top Wall Street Forecasters Revamp Goldman Sachs Price Expectations Ahead Of Q1 Earnings
- Goldman Sachs Group, Inc. GS will release earnings results for the first quarter, before the opening bell on Monday, April 14.
- 04/14/2025
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We could see rotation from AI-driven to consumption-driven rally in China: Goldman Sachs
- Sunil Koul of Goldman Sachs has an overweight call on Chinese stocks with a preference for onshore shares, as he expects stronger policy stimulus from Beijing.
- 04/14/2025
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Like defense, Goldman says ESG investors should bring oil and gas stocks in from the cold
- Investments focused on environmental, social and governance (ESG) factors tend to favor companies that score highly on certain criteria, such as climate change or corporate transparency. Tobacco giants, fossil fuel companies and weapons makers have typically been among those to have been excluded from sustainable portfolios.
- 04/14/2025
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Goldman Sachs is about to report first-quarter earnings
- Goldman Sachs is set to report first-quarter earnings before the bell on Monday. Wall Street expects earnings per share of $12.35 and revenue of $14.81 billion, according to LSEG.
- 04/14/2025
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Goldman Sachs expects oil prices to decline through 2026
- Goldman Sachs expects oil prices to decline through the end of this year and next year because of the rising risk of a recession and higher supply from the OPEC+ group.
- 04/13/2025
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What To Expect in the Markets This Week
- More big banks are set to report earnings this week, along with entertainment and health care giants, after some of the world's biggest banks reported earnings Friday and markets capped off a volatile trading week as investors reacted to the latest announcements on tariffs.
- 04/13/2025
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Regional bank reporting will be better reflection of economic uncertainty: RBC's Gerard Cassidy
- Gerard Cassidy, RBC Capital Markets Managing Director, joins 'Closing Bell Overtime' to talk quarterly banking results.
- 04/11/2025
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Trade Tracker: Steve Weiss buys Goldman Sachs
- Steve Weiss, founder and managing partner of Short Hills Capital Partners, joins CNBC's 'Halftime Report' to explain why he's buying the big bank despite his negative outlook for the market.
- 04/11/2025
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Bank Earnings: Tariff Headwinds, Deregulation, JPM & GS Options Trades
- John Petrides believes everyone should listen to JPMorgan Chase (JPM) CEO Jamie Dimon's commentary on the economy during the company's post-earnings Q&A session. He thinks Dimon's words on a 50% recession risk and calls for bank deregulation can reach President Trump and push for policy change.
- 04/11/2025
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US bank profits rise, but executives raise more tariff warnings
- Profits at major U.S. banks beat forecasts in the first quarter as stock trading jumped, but executives warned on Friday that sweeping tariffs could fuel risks and weigh on economic growth.
- 04/11/2025
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How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q1 Earnings
- Goldman Sachs Group, Inc. GS will release earnings results for the first quarter, before the opening bell on Monday, April 14.
- 04/11/2025
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If tariffs remain in place banks' profitability will be hit: Analyst
- The financial sector (^SP500-40) is set to kick off first quarter earnings in earnest. Morningstar senior equity analyst Suryansh Sharma joins Wealth with Brad Smith to share what he's watching for as banking results roll in.
- 04/10/2025
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What to Expect From the Big Bank Earnings
- Wall Street's biggest banks begin reporting earnings on Friday as markets deal with extreme volatility and uncertainty brought on by President Donald Trump's tariff war. David George, Baird senior bank analyst, talks about what to expect on "Bloomberg The Close.
- 04/10/2025
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JPM & Bank Earnings: What Will Jamie Dimon Say on Economy?
- JPMorgan Chase (JPM) will lead big bank earnings alongside Wells Fargo (WFC) and Morgan Stanley (MS). Caroline Woods notes CEO Jamie Dimon has given commentary recently suggesting downside in economic activity.
- 04/10/2025
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What Should Be Your Stance on Bank ETFs Before Earnings Releases?
- The health of the banking sector looks moderately sound, apart from some pain points. If the economy can manage the occasional tariff-driven threat, we should see smooth sailing in bank ETFs.
- 04/10/2025
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Goldman Sachs Earnings Preview: Concerns Over Deal Activity And Management Fees
- Goldman Sachs faces a challenging outlook with expected lower economic growth, impacting IPOs, M&A transactions, and fee revenue due to recession concerns and lower asset levels. Valuations remain close to averages, but shares aren't priced for an aggressive slowdown, suggesting that the valuation isn't the most attractive based on the outlook. Due to the high uncertainty of macroeconomic concerns, I am downgrading the stock of Goldman Sachs from a "buy" to a "sell" as the outlook has completely changed since February.
- 04/10/2025
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Goldman (GS) Surges 11.8%: Is This an Indication of Further Gains?
- Goldman (GS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
- 04/10/2025
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Why the Trade War Isn't Over for America's Biggest Banks
- As bank-earnings season begins Friday with JPMorgan, investors care more about the outlook than prior results.
- 04/10/2025
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Goldman Sachs: High-Caliber Financial Powerhouse Trading At A Discount
- Goldman Sachs is trading at a low P/E ratio despite strong historical growth, suggesting potential for market repricing and stock outperformance. The company's long-standing brand value and market dominance contribute to its stability and ability to reward shareholders consistently. Diversified income streams from investment banking, trading, and asset management enhance Goldman Sachs' financial stability.
- 04/10/2025
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Goldman Sachs Withdraws Recession Prediction After Trump Pauses Tariffs
- Goldman Sachs Group economists reportedly issued a note predicting a recession due to new U.S. tariffs and then retracted that forecast a little over an hour later after President Donald Trump paused the reciprocal tariffs.
- 04/09/2025
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Here's How to Play Goldman Stock Ahead of Its Q1 Earnings Release
- GS is set to report first-quarter 2025 earnings. We assess the factors influencing its performance and how investors should play this stock now.
- 04/09/2025
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Unlocking Q1 Potential of Goldman (GS): Exploring Wall Street Estimates for Key Metrics
- Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Goldman (GS), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.
- 04/09/2025
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Positive Loan Growth, Reserves & Outlook: What to Watch in Bank Earnings
- JPMorgan Chase (JPM), Wells Fargo (WFC) and Morgan Stanley (MS) kick off big bank earnings on Friday. Bob Lang says the group has ways to go after falling below the 200-Day SMA.
- 04/08/2025
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What Do Tariffs and Increased Recession Risk Mean for Banks?
- A look at how the trade war could affect profits.
- 04/08/2025
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Keep Calm And Dividend On: 3 Future Proof Stocks To Buy Amid Market Chaos
- Market confusion due to tariffs is short-term; long-term financial conditions are favorable, supporting a bullish outlook for US equities. Political biases influence economic outlooks, but data suggests US equities remain a strong investment, especially with AI and electrification advancements. Stay optimistic and level-headed; market corrections are manageable with a long-term, data-driven investment approach focused on high-quality dividend stocks.
- 04/08/2025
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Goldman Sachs (GS) Falls More Steeply Than Broader Market: What Investors Need to Know
- In the closing of the recent trading day, Goldman Sachs (GS) stood at $465.51, denoting a -1.13% change from the preceding trading day.
- 04/07/2025
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Markets Mellow as Talks About Trade Talks Commence
- Market participants began to see some dialogue on the tariff beat, with certain countries willing to state publicly they are ready to negotiate trade levels with the U.S.
- 04/07/2025
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Why Goldman Sachs (GS) is a Top Dividend Stock for Your Portfolio
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 04/07/2025
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Goldman Sachs (GS) Earnings Expected to Grow: Should You Buy?
- Goldman (GS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/07/2025
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Goldman Sachs downgraded to Equal Weight from Overweight at Morgan Stanley
- Morgan Stanley analyst Betsy Graseck downgraded Goldman Sachs to Equal Weight from Overweight with a price target of $558, down from $659. The firm says recent trade developments drive up recession risk. The analyst now expects slower GDP growth with rising economic uncertainty to push out the capital markets rebound, incrementally slow loan growth, and drive net charge offs across consumer and commercial loans slightly above its prior estimates. Morgan Stanley moved its large cap bank industry view from Attractive to In-Line. Goldman is the most exposed large bap bank to investment banking revenues, which has "the fastest twitch response" to recession risk and deteriorating market conditions, much faster than loan growth at traditional commercial banks, the analyst tells investors in a research note. 14 Apr 23 Apr
- 04/07/2025
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1 Ideal Buy From 23 "Safer" April Dividend Dogs In 50 Fortune World's Most Admired Companies (FWMAC)
- 1 Ideal Buy From 23 "Safer" April Dividend Dogs In 50 Fortune World's Most Admired Companies (FWMAC)
- 04/04/2025
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Bank stocks extend losses over recession fears
- CNBC's Leslie Picker joins CNBC's 'Squawk on the Street' to discuss why financials are down since the announcement of tariffs.
- 04/04/2025
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US Bank Stocks Tumble as Sweeping Tariff Stokes Recession Fears
- Shares of C, BAC, MS, GS and WFC took a heavy hit on Thursday's trading session after Trump announced sweeping tariffs, raising recession risks.
- 04/04/2025
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Goldman vs. Morgan Stanley: Which Investment Bank Has More Upside?
- Let's find out which is a better investment option - GS or MS - considering the current challenging operating backdrop for the investment banks.
- 04/04/2025
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Why Goldman Sachs Stock Sank Today
- Shares of Goldman Sachs (GS -9.28%) tumbled on Thursday. The investment banking giant's stock lost 9.3% as of market close and was down as much as 9.5% earlier in the day.
- 04/03/2025
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Trump's ‘Liberation Day' tariffs hit harder than expected – and more may follow
- President Trump's latest salvo in the trade war – dubbed “Liberation Day” by the White House – brings a new round of tariffs that could push the U.S. economy further into protectionist territory, according to Goldman Sachs.
- 04/03/2025
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Center for Social Dynamics, Leader in ABA Services, Taps VR Startup to Scale Delivery of ABA Virtual Services
- Center for Social Dynamics has selected Floreo to expand delivery of immersive, virtual services incorporating VR autism therapy to schools nationwide. WASHINGTON , April 3, 2025 /PRNewswire/ -- Center for Social Dynamics (CSD), leader in providing and innovating behavioral health services, today announced the expansion of a groundbreaking partnership with Floreo, pioneering developer of virtual reality (VR) lessons that help teach life skills to autistic and neurodiverse children.
- 04/03/2025
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5 Things to Know Before the Stock Market Opens on Wednesday
- Close U.S. stock futures are pointing lower as investors ready for today's tariffs announcement expected from President Donald Trump after markets close; Tesla (TSLA) is slated to report first-quarter deliveries amid a downturn for its stock; Visa (V) reportedly is offering a payment of roughly $100 million to get Apple's (AAPL) credit card payment network business; and USDC stablecoin issuer Circle files for an IPO. Here's what investors need to know today. 1. US Stock Futures Dip as Investors Await Tariffs Updates U.S. stock futures are pointing lower following a volatile trading session as investors await White House tariff plans expected to be announced later today. Market watchers are also following today's private sector payrolls release ahead of Friday's job report. Nasdaq futures are 0.8% lower after the tech-focused index gained 0.9% Tuesday. Dow Jones Industrial Average and S&P 500 futures are lower by about 0.5%. Bitcoin (BTCUSD) is down slightly at around $85,000. The yield on the 10-year Treasury note is down below 4.15%. Oil futures are down. Gold futures are slightly higher. 2. Investors Brace for Trump Tariffs Announcement After Markets Close President Donald Trump is set to unveil his latest tariffs proposal at a White House event slated to start at the close of markets at 4 p.m. ET. Trump's advisers continue to hash out the details surrounding the new tariffs he plans to implement ahead of the "Liberation Day" event, Bloomberg reported. While Trump has said he was seeking reciprocal tariffs to match import taxes on U.S.-made products, a report in The Washington Post indicated that advisers were also mulling a 20% tariff on nearly all imported products. 3. Tesla Stock Slips Ahead of Quarterly Deliveries Data Tesla (TSLA) shares are down 2.5% in premarket trading ahead of the electric vehicle maker's expected release of its first-quarter deliveries data this morning. Analysts expect Tesla to report 393,000 deliveries, up less than 2% year-over-year but fewer than last quarter's 495,570 vehicles. The data comes as analysts have raised concerns that CEO Elon Musk's work with the Trump administration is creating distractions and impacting Tesla's business. Tesla shares have shed one-third of their value in 2025. 4. Visa Offers Apple $100M to Take Over Credit Card Network, Report Says Visa (V) is offering a payment of roughly $100 million to get Apple's (AAPL) credit card network business, according to The Wall Street Journal. The report said that Apple would select a payment provider before selecting a bank to take over its credit card from Goldman Sachs (GS), and that Visa is competing with Mastercard (MA)—which is "fiercely trying to keep its role as the network on this card"—and American Express (AXP). The Journal previously reported that JPMorgan Chase (JPM), Synchrony Financial (SYF), Capital One (COF) and American Express were in the running to take over as the issuer of the credit card. 5. USDC Stablecoin Issuer Circle Files for IPO Circle, the company behind the dollar-backed USDC stablecoin, has filed for a U.S. initial public offering (IPO). In its prospectus filed with the Securities and Exchange Commission (SEC), Circle said it plans to list on the New York Stock Exchange (NYSE) under ticker symbol "CRCL." Circle, which had previously announced plans to go public in 2021 via a SPAC merger, said its 2024 net income was $155.7 million, down from $267.6 million a year earlier. Do you have a news tip for Investopedia reporters? Please email us at tips@investopedia.com
- 04/02/2025
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Goldman Sachs ripped over ‘excessive' bonuses for CEO David Solomon, his No. 2 exec: ‘poor practice'
- Goldman Sachs is catching fresh heat over massive bonuses it has pledged to CEO David Solomon and his No. 2 executive John Waldron — with powerful shareholder voting advisors slamming the payouts as “excessive” and “poor practice.
- 04/01/2025
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Sustainable Investing at Goldman Sachs Alternatives Completes Acquisition of Atlas-SSI
- MONTICELLO, Miss. , April 1, 2025 /PRNewswire/ -- Atlas-SSI Holdings, LLC ("Atlas-SSI" or the "Company"), a North American supplier of water management equipment for the protection of mission-critical assets and water ecosystems, announced its acquisition by the Sustainable Investing team at Goldman Sachs Alternatives.
- 04/01/2025
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Why Investors Need to Take Advantage of These 2 Finance Stocks Now
- The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
- 04/01/2025
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Goldman Sachs (GS) Beats Stock Market Upswing: What Investors Need to Know
- Goldman Sachs (GS) reachead $546.29 at the closing of the latest trading day, reflecting a +0.58% change compared to its last close.
- 03/31/2025
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Goldman Sachs raises US recession probability amid escalating tariff concerns
- Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) has increased its estimate of the likelihood of a US recession within the next 12 months to 35%, up from the previous 20%, as escalating tariffs threaten economic growth, fuel inflation, and elevate unemployment rates. The adjustment is the bank's highest recession probability since the regional banking crisis two years ago.
- 03/31/2025
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What CoreWeave IPO means for Goldman Sachs
- CoreWeave's initial public offering indicates signs of a pickup in dealmaking, which could prove to be a meaningful tailwind for the likes of the Goldman Sachs Group (NYSE: GS) in 2025. The AI cloud infrastructure company had to downsize its IPO due to macro headwinds to $40 per share.
- 03/31/2025
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Glass Lewis recommends votes "against" CEO pay at Goldman Sachs
- Proxy adviser Glass Lewis recommended investors cast advisory votes "against" the pay of top Goldman Sachs executives, citing the Wall Street bank's "continued inability to align pay with performance" and retention grants that Glass Lewis called excessive.
- 03/29/2025
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Exclusive: Morgan Stanley draws on Goldman Sachs to explore sale of PNE stake, sources say
- Morgan Stanley is working with Goldman Sachs to explore the sale of its majority stake in German renewable project developer PNE, two people familiar with the matter said, a process that could trigger a bid for the 1.09 billion euros ($1.17 billion) firm.
- 03/27/2025
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The Goldman Sachs Group, Inc. (GS) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to Goldman (GS). This makes it worthwhile to examine what the stock has in store.
- 03/27/2025
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Goldman Sachs (GS) Outperforms Broader Market: What You Need to Know
- Goldman Sachs (GS) reachead $585.94 at the closing of the latest trading day, reflecting a +1.01% change compared to its last close.
- 03/25/2025
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Fleetio Raises over $450 Million Series D and Acquires Auto Integrate to Create Customer-Centric One-Stop-Shop for Fleet Maintenance
- Strategic acquisition creates comprehensive fleet maintenance ecosystem serving 8 million vehicles across 110,000+ repair shops in North America; combined business valued at $1.5B+ Strategic acquisition creates comprehensive fleet maintenance ecosystem serving 8 million vehicles across 110,000+ repair shops in North America; combined business valued at $1.5B+
- 03/25/2025
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Clinical AI Leader Navina Secures $55M Series C Funding Led by Growth Equity at Goldman Sachs Alternatives
- Investment will fuel the advancement of its AI-powered clinical intelligence platform, transforming patient care and value-based care outcomes NEW YORK , March 25, 2025 /PRNewswire/ -- Navina, a market leader in AI-powered clinical intelligence, today announced the successful completion of a $55 million Series C funding round, bringing the total funding to $100 million. The round is led by Growth Equity at Goldman Sachs Alternatives, with participation from existing investors, including Vertex Ventures Israel, Grove Ventures and ALIVE.
- 03/25/2025
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Goldman Sachs (GS) is a Top Dividend Stock Right Now: Should You Buy?
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 03/21/2025
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Inside Goldman Sachs' Big Bet on AI at Scale
- Goldman Sachs is rolling out and scaling artificial intelligence (AI) capabilities across its business, as the investment bank harnesses the benefits of productivity and efficiency from this fast-moving technology.
- 03/20/2025
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Oppenheimer downgrades Goldman Sachs: Here's what you need to know
- The Investment Committee reveal their strategy in financials after Goldman Sachs catches a downgrade today.
- 03/19/2025
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Oppenheimer Downgrades Goldman, Says M&A Rebound ‘Delayed or Cancelled'
- The M&A bounce investors expected after U.S. President Donald Trump's return to the White House and hopes for light-touch regulation haven't happened, and one brokerage firm on Wednesday downgraded its rating on Wall Street giant Goldman Sachs (GS).
- 03/19/2025
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Goldman Sachs OTC Floaters Offer Appealing Appreciation Potential
- The Goldman Sachs Group, Inc.'s OTC floating-rate trust preferreds show strong upside potential compared to their exchange-listed counterparts, with no intrinsic metrics justifying their lower trading prices. Goldman Sachs maintains a stable financial outlook with affirmed 'A' ratings from Fitch and a consistent history of dividend payments, enhancing investor confidence. Despite a downgrade in valuation due to price appreciation, Goldman Sachs' growth, momentum, and earnings revisions remain strong, supporting a bullish outlook from analysts.
- 03/19/2025
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Goldman Sachs Stock Dips After Analyst Downgrade
- Goldman Sachs Group Inc (NYSE:GS) stock was last seen down 1.1% at $546.02 after Oppenheimer downgraded the banking giant to "perform" from "outperform.
- 03/19/2025
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Why the Market Dipped But Goldman Sachs (GS) Gained Today
- In the closing of the recent trading day, Goldman Sachs (GS) stood at $551.78, denoting a +0.08% change from the preceding trading day.
- 03/18/2025
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Goldman Sachs' annual CEO letter is out — here are the highlights
- CNBC's Leslie Picker has more details on Goldman Sachs' annual CEO letter.
- 03/14/2025
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Goldman Sachs' annual CEO letter: Here are the details
- CNBC's Leslie Picker joins 'Squawk Box' with the latest news.
- 03/14/2025
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How Lead Bank CEO Jackie Reses rose from 'a pretty gritty childhood' to Goldman Sachs, Square and top of U.S. fintech
- Lead Bank CEO Jacqueline Reses describes her childhood in Atlantic City as "pretty gritty," running carnival games with her brother on the boardwalk, and says she was basically living independently from the age of 14. She went on to Wharton and an early career at Goldman Sachs, which she says is still critical to her leadership and learning style.
- 03/12/2025
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Stock Of The Day – Is The Goldman Sachs Selloff Finally Over?
- The stock of The Goldman Sachs Group, Inc. GS is consolidating Wednesday. This follows a decline of more than 20% that began in the middle of February.
- 03/12/2025
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Goldman Sachs CEO reveals the business community's true thoughts on Trump tariffs
- Goldman Sachs CEO David Solomon discussed the business community's thoughts on President Trump's tariffs, telling FOX Business that members of the community 'understand' his intentions.
- 03/12/2025
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Bank Stocks Plunged on Monday. Here's Why Citigroup, Goldman Sachs, and SoFi all Got Hit so Hard.
- The stock market was down big on Monday. As of 3:10 p.m.
- 03/10/2025
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The Big 3: GS, NOW, UNH
- @ProsperTradingAcademy's Scott Bauer turns to three stocks he thinks are hitting critical price action in their charts. He analyzes the latest moves in Goldman Sachs (GS), ServiceNow (NOW) and UnitedHealth Group (UNH).
- 03/10/2025
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Trump Upholds Biden's Merger Guidelines: Here's What It Means for Goldman Sachs and Other Investment Banks
- Under former President Joe Biden, regulators took a stringent approach to mergers and acquisitions (M&A), focusing on limiting the size and scope of major deals. As we entered this year, investment banks were hopeful that a change in administration under President Donald Trump would foster a more favorable environment for M&A activities.
- 03/09/2025
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Top 3 ‘best-in-class' stocks to buy on the recent pullback
- US stocks are going through a rough patch amidst concerns the Trump tariffs will lead to inflation and may even trigger an all-out trade war.
- 03/08/2025
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Goldman Sachs (GS) Stock Dips While Market Gains: Key Facts
- Goldman Sachs (GS) closed at $559.67 in the latest trading session, marking a -1.41% move from the prior day.
- 03/07/2025
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Goldman Stock Slips 12.3% in a Month: Should You Buy the Dip or Wait?
- In the past month, The Goldman Sachs Group, Inc. GS shares have tanked 12.3% compared with the industry's decline of 10.2% and the S&P 500 index fall of 5.5%. Meanwhile, its peers JPMorgan JPM and Morgan Stanley MS have lost 9% and 13.1%, respectively, during the same time frame.
- 03/07/2025
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Here's why AI isn't shifting the needle for recession-threatened US economy
- Here's why AI is NOT boosting US GDP—despite billions pouring into the technology. Goldman Sachs says a surge in corporate AI spending has yet to translate into meaningful economic growth, thanks to inflation, overseas sales, and accounting quirks that downplay its true impact.
- 03/06/2025
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This is Why Goldman Sachs (GS) is a Great Dividend Stock
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 03/05/2025
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Parexel Announces Updates to Board of Directors
- Jeff Bernstein, Partner, Private Equity, Goldman Sachs Asset Management, and Co-Head, Goldman Sachs Healthcare Private Equity Investing, joins as new Director. Mr. Bernstein succeeds Michael Bruun in the Goldman Sachs Board seat as part of a planned rotation.
- 03/05/2025
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Goldman Sachs' annual culling of underperformers is coming earlier than usual this year
- Goldman Sachs is moving its annual headcount-cutting ritual from fall to spring this year. Reports suggested between 3% to 5% of Goldman's employees could be at risk.
- 03/04/2025
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Report: Goldman Sachs to Reduce Staff by Up to 5% in Annual Review
- Goldman Sachs reportedly plans to cut 3% to 5% of its staff in an annual review process. The cut would amount to about 1,395 jobs and would be a larger reduction than the one the Wall Street firm made during a review in September, Reuters reported Tuesday (March 4), citing unnamed sources.
- 03/04/2025
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Goldman Sachs set to ax under-performing VPs in latest layoffs: sources
- The move will see 3% to 5% of the bank's global workforce of 46,500 cut, sources familiar with the matter told The Post.
- 03/04/2025
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Here's Why Bank of America, SoFi, and Goldman Sachs Are All Plunging
- Not surprisingly, the stock market was having a rather weak day on Tuesday, after President Trump's tariffs went into effect on Canada, Mexico, and China. As of 12:15 p.m.
- 03/04/2025
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Goldman Sachs Iberia chief to retire in summer
- The head of Goldman Sachs in Spain and Portugal, Olaf Diaz-Pintado, will retire this summer and be replaced by two internal executives to allow for an orderly transition, according to an internal memorandum seen by Reuters.
- 03/03/2025
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The Zacks Analyst Blog The Goldman Sachs, The Progressive, Boston Scientific and Cooper-Standard
- The Goldman Sachs, The Progressive, Boston Scientific and Cooper-Standard are included in this Analyst Blog.
- 03/03/2025
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Should You Buy Goldman Sachs While It's Below $650?
- There's no question the financial services industry is home to some of the world's most dominant businesses. One such company -- Goldman Sachs (GS 2.86%) -- certainly stands out, especially in the area of capital markets and deal-making.
- 03/02/2025
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Where Will Goldman Sachs Be in 5 Years?
- Investors might be surprised to learn that in the past five years, shares of Goldman Sachs (GS 2.86%) have soared 186%. Including the company's dividend, the total return achieved was 219%.
- 03/01/2025
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Goldman Sachs downgraded partly on ‘disappointing' start to 2025 dealmaking
- Expectations of a banner year in dealmaking have not yet materialized due to worries about inflation and uncertainties over U.S. government policy, and that is weighing on Goldman Sachs's current valuation, analysts said.
- 02/27/2025
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Investors Heavily Search The Goldman Sachs Group, Inc. (GS): Here is What You Need to Know
- Recently, Zacks.com users have been paying close attention to Goldman (GS). This makes it worthwhile to examine what the stock has in store.
- 02/27/2025
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Goldman Sachs exec John Waldron gets board seat — a move likely making him bank's next CEO
- "It does appear that firmer succession planning is underway," said Stephen Biggar, a banking analyst at Argus Research.
- 02/26/2025
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Goldman Sachs (GS) Suffers a Larger Drop Than the General Market: Key Insights
- In the latest trading session, Goldman Sachs (GS) closed at $614.91, marking a -1.79% move from the previous day.
- 02/25/2025
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Why Goldman Sachs (GS) is a Top Stock for the Long-Term
- Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.
- 02/25/2025
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Goldman Sachs: Investment Banking & Wealth Segments Signal Further Upside
- Goldman Sachs gets buy rating reaffirmed, expected to get tailwind from positive macro forecast in M&A, wealth advisory, and equities markets. The firm has proven itself already with a profit margin beating its sector, declining OpEx, and positive 10-year dividend CAGR. 3 major agencies gave the firm a strong investment-grade rating.
- 02/24/2025
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Dow Jones Leaders Goldman Sachs, Nvidia Eye Latest Buy Points
- Dow Jones banking giant Goldman Sachs and Nvidia stock are in or near buy zones Monday despite Friday's stock market sell-off. The post Dow Jones Leaders Goldman Sachs, Nvidia Eye Latest Buy Points appeared first on Investor's Business Daily.
- 02/24/2025
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Is Goldman (GS) a Buy as Wall Street Analysts Look Optimistic?
- The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
- 02/21/2025
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Goldman boss David Solomon's job security hits all-time high — thanks to Trump
- According to one former Goldman managing director, "Solly is fine; just look at the stock price. No one cares anymore that he could be a jerk.
- 02/21/2025
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Grok 3 makes ideal stock portfolio for 2025
- Artificial intelligence (AI) platforms have been enjoying the spotlight since the original release of ChatGPT in late 2022 and have started gaining increasing traction among investors for apparently outperforming a significant portion of professional managers.
- 02/21/2025
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Why Bank Stocks JPMorgan Chase, Goldman Sachs, and Morgan Stanley Fell Today
- Bank stocks struggled today as investors grew more concerned about the economy and the strength of consumers. Shares of JPMorgan Chase (JPM -4.46%), the largest bank in the U.S. by assets, fell 4.5%.
- 02/20/2025
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3 Best Performing Financial Services Stocks on the S&P 500 Index
- The Financial Services sector has been one of the top performers this year. C, COF & GS have outpaced the S&P 500.
- 02/20/2025
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5 stocks Congress is buying in 2025
- The stock trading activities of US Congress members continue to draw attention, with disclosures under the STOCK Act providing insight into their investment strategies. So, in this piece, we bring you the top 5 stocks Congress is buying in 2025.
- 02/20/2025
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Econic Partners Launches as Premier Economic Consulting Firm for Complex Antitrust, Regulatory, Litigation, and Policy Matters
- LOS ANGELES--(BUSINESS WIRE)--Econic Partners (“Econic”) today announced its launch as a premier economic consulting firm, bringing together many of the world's foremost experts in competition economics. With a focus on complex economic issues related to antitrust litigation, mergers, commercial disputes, and other economic matters, Econic is positioned to set a new standard for expert analysis and rigorous, data-driven insights. Econic's team comprises an unparalleled roster of esteemed econom.
- 02/19/2025
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Goldman Sachs names insiders Connolly and Voris joint heads of Americas ECM unit, memo says
- Goldman Sachs has appointed insiders William Connolly and Michael Voris as co-heads of Equity Capital Markets (ECM) in the Americas, according to a memo seen by Reuters on Wednesday.
- 02/19/2025
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Investment Banks Set to Gain in Trump 2.0? ETFs to Benefit
- Trump 2.0 era may see a boost in deal-making activities. The trend could benefit these ETFs.
- 02/18/2025
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Goldman Stock Soars 72% in a Year: Is It Worth Considering Now?
- In the past year, The Goldman Sachs Group, Inc. GS shares jumped 72%, outperforming the industry's growth of 55.7% and the S&P 500 index rise of 24.3%. Further, the stock has fared better than its JPMorgan JPM and Morgan Stanley MS, which gained 56.4% and 66.2%, respectively, during the same time frame.
- 02/14/2025
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Goldman (GS) Up 5.9% Since Last Earnings Report: Can It Continue?
- Goldman (GS) reported earnings 30 days ago. What's next for the stock?
- 02/14/2025
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Earnings Growth & Price Strength Make Goldman Sachs (GS) a Stock to Watch
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.
- 02/14/2025
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Hydrostor Announces $200 Million in Funding from Leading Investors to Accelerate Canadian and Global Deployment of its Advanced Compressed Air Energy Storage Projects
- TORONTO--(BUSINESS WIRE)--Hydrostor has secured a $200 million investment from Canada Growth Fund Inc., Goldman Sachs Alternatives, and Canada Pension Plan Investment Board.
- 02/13/2025
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Goldman Sachs drops board diversity stipulation
- Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) has scrapped its board diversity rule, which required companies seeking stock market listings to have at least two diverse board members, including one woman. International CEO Richard Gnodde said the rule had achieved its purpose and was no longer necessary.
- 02/12/2025
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The Goldman Sachs Group, Inc. (GS) UBS Financial Services Conference (Transcript)
- The Goldman Sachs Group, Inc. (GS) UBS Financial Services Conference (Transcript)
- 02/11/2025
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Goldman Sachs CEO open to acquisitions in asset, wealth management
- Goldman Sachs would consider acquisitions in asset and wealth management, but the bar for doing a deal is very high, CEO David Solomon said on Tuesday.
- 02/11/2025
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Is Goldman Sachs Stock a Buy Now?
- Goldman Sachs (GS -0.82%) has faced its share of challenges in recent years, primarily stemming from a slowdown in capital market activities like mergers and acquisitions and initial public offerings and the winding down of its consumer banking franchise.
- 02/11/2025
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Trackunit announces investment from Goldman Sachs Alternatives
- AALBORG, Denmark , Feb. 10, 2025 /PRNewswire/ -- Trackunit, a global leader in software and contech solutions for the construction industry, has today announced it has attracted investment from Goldman Sachs Alternatives. The investment will mark the next chapter in Trackunit's ambitious growth journey and will see current majority stakeholder Hg, a leading investor in European and transatlantic software and service businesses, continue to reinvest in the construction technology company's future.
- 02/10/2025
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Here is What to Know Beyond Why The Goldman Sachs Group, Inc. (GS) is a Trending Stock
- Zacks.com users have recently been watching Goldman (GS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 02/06/2025
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Brokers Suggest Investing in Goldman (GS): Read This Before Placing a Bet
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 02/05/2025
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These Were the 5 Top-Performing Stocks in the Dow Jones Industrial Average in January 2025
- The Dow Jones Industrial Average got off to a solid start this year. The widely reported index, consisting of 30 large-cap stocks representing multiple sectors of the economy, gained 4.7% in the first month of the year.
- 02/04/2025
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Goldman Sachs vs. Morgan Stanley—Which Stock Has More Upside?
- When it comes to the leading investment banks, Goldman Sachs Group Inc. NYSE: GS and Morgan Stanley NYSE: MS are often placed in the top five spots. Both are powerhouses for deals but also cater to different clientele with different risk appetites.
- 02/04/2025
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4 Banks to Buy Ahead of Trump's Deregulatory Blitz
- The Federal Reserve kept rates steady last week, citing the struggle against last-mile inflation and the potential of tariff shocks to influence prices. While Chairman Jerome Powell's news conference was relatively low key, it did contain notes of uncertainty and traders are betting that a March rate cut could be out of the picture.
- 02/03/2025
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Goldman Sachs Alternatives and Dalfen Industrial Expand Partnership with Acquisition of 21-Building Logistics Portfolio
- DALLAS , Jan. 30, 2025 /PRNewswire/ -- Goldman Sachs Alternatives and Dalfen Industrial, a leader in last-mile industrial real estate, have announced the acquisition of a 21-building, 2.1-million-square-foot portfolio of infill logistics properties. The deal was acquired off-market and adds strategic assets across Dallas, Las Vegas, Cincinnati, and Pennsylvania to their growing portfolio.
- 01/30/2025
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Fed rate actions in 2025 seen in a narrow band, Goldman Sachs CEO says
- The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation changes, Goldman Sachs CEO David Solomon said in comments posted on the firm's website on Wednesday.
- 01/29/2025
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Microsoft Co. (NASDAQ:MSFT) Shares Sold by Makena Capital Management LLC
- Makena Capital Management LLC reduced its stake in shares of Microsoft Co. (NASDAQ:MSFT – Free Report) by 12.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 42,239 shares of the software giant’s stock after selling 6,181 shares during the quarter. Microsoft accounts for 4.4% of Makena Capital Management LLC’s holdings, making the stock its 2nd biggest holding. Makena Capital Management LLC’s holdings in Microsoft were worth $18,175,000 as of its most recent filing with the SEC. A number of other hedge funds also recently modified their holdings of MSFT. International Assets Investment Management LLC raised its stake in Microsoft by 48,526.1% during the third quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock worth $16,567,258,000 after acquiring an additional 38,422,466 shares in the last quarter. Wulff Hansen & CO. increased its position in Microsoft by 47,196.6% during the 2nd quarter. Wulff Hansen & CO. now owns 4,834,658 shares of the software giant’s stock worth $2,160,850,000 after purchasing an additional 4,824,436 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in Microsoft by 67.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 5,963,863 shares of the software giant’s stock valued at $2,566,250,000 after purchasing an additional 2,404,348 shares during the last quarter. Baillie Gifford & Co. boosted its position in Microsoft by 46.1% in the third quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant’s stock valued at $3,032,859,000 after buying an additional 2,222,483 shares in the last quarter. Finally, AustralianSuper Pty Ltd increased its holdings in shares of Microsoft by 56.9% during the third quarter. AustralianSuper Pty Ltd now owns 5,344,566 shares of the software giant’s stock worth $2,299,767,000 after buying an additional 1,938,304 shares in the last quarter. Institutional investors own 71.13% of the company’s stock. Analyst Upgrades and Downgrades A number of analysts have recently commented on the company. Citigroup cut their price target on Microsoft from $500.00 to $497.00 and set a “buy” rating on the stock in a research note on Wednesday, October 23rd. Loop Capital upped their price target on shares of Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, December 23rd. UBS Group lifted their price target on shares of Microsoft from $500.00 to $525.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. The Goldman Sachs Group lowered their target price on Microsoft from $515.00 to $500.00 and set a “buy” rating for the company in a research report on Thursday, October 10th. Finally, Wells Fargo & Company reiterated a “buy” rating on shares of Microsoft in a research report on Friday, October 18th. Three investment analysts have rated the stock with a hold rating, twenty-seven have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $512.66. View Our Latest Stock Analysis on Microsoft Insider Transactions at Microsoft In other Microsoft news, EVP Christopher David Young sold 7,200 shares of the firm’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $423.66, for a total transaction of $3,050,352.00. Following the completion of the sale, the executive vice president now owns 103,366 shares of the company’s stock, valued at $43,792,039.56. This trade represents a 6.51 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CMO Takeshi Numoto sold 2,500 shares of the business’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $447.41, for a total transaction of $1,118,525.00. Following the completion of the sale, the chief marketing officer now owns 49,352 shares in the company, valued at approximately $22,080,578.32. This trade represents a 4.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 41,200 shares of company stock valued at $17,383,892. Corporate insiders own 0.03% of the company’s stock. Microsoft Trading Down 2.1 % Microsoft stock opened at $434.56 on Tuesday. The firm has a market cap of $3.23 trillion, a PE ratio of 35.85, a P/E/G ratio of 2.40 and a beta of 0.90. Microsoft Co. has a 12 month low of $385.58 and a 12 month high of $468.35. The stock’s 50 day simple moving average is $431.05 and its two-hundred day simple moving average is $425.30. The company has a current ratio of 1.30, a quick ratio of 1.29 and a debt-to-equity ratio of 0.15. Microsoft (NASDAQ:MSFT – Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The software giant reported $3.30 EPS for the quarter, beating analysts’ consensus estimates of $3.10 by $0.20. The business had revenue of $65.59 billion during the quarter, compared to analysts’ expectations of $64.57 billion. Microsoft had a return on equity of 34.56% and a net margin of 35.61%. The business’s revenue was up 16.0% compared to the same quarter last year. During the same period in the previous year, the business earned $2.99 earnings per share. Analysts anticipate that Microsoft Co. will post 12.9 earnings per share for the current year. Microsoft Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be given a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date is Thursday, February 20th. Microsoft’s dividend payout ratio (DPR) is 27.39%. Microsoft Profile (Free Report) Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.
- 01/28/2025
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Goldman Sachs staffers fume over paltry bonuses after CEO David Solomon's eye-popping $39M payout
- “When news of Solomon's bonus was released, a lot of folks here just rolled their eyes,” one equities trader told The Post. “Of course, that is where our money went.
- 01/27/2025
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Earnings Estimates Rising for Goldman (GS): Will It Gain?
- Goldman (GS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 01/27/2025
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Goldman Sachs promotes Duffner to head activism defense in EMEA, memo says
- Goldman Sachs on Monday tapped veteran banker Stefan Duffner to lead the investment bank's activism and shareholder advisory work in Europe, Middle East and Africa (EMEA) at a time corporations are increasingly asking for help to defend against activist investors pushing for changes.
- 01/27/2025
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Trump bashes CEOs of America's 2 biggest banks in front of Davos crowd
- Gov. Kelly Armstrong, R-N.D., reacts to President Trump demanding lower oil prices from Saudi Arabia on 'Making Money.
- 01/23/2025
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Is Trending Stock The Goldman Sachs Group, Inc. (GS) a Buy Now?
- Goldman (GS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 01/23/2025
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Dividend Harvesting Portfolio Week 203: $20,300 Allocated, $1,954.13 In Projected Dividends
- The Dividend Harvesting Portfolio generated $35.71 in dividend income and increasing forward annualized dividend income to $1,954.13. My portfolio rules of not exceeding 5% per position or 20% per sector has allowed me to navigate fluctuating market conditions and mitigate downside risk. I believe that market conditions are going to get better as the Fed lowers rates and the price of oil declines, which should allow for margin expansion across the board.
- 01/23/2025
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Goldman Sachs CEO: A more growth-oriented agenda is the best path for us
- Goldman Sachs chairman and CEO David Solomon discusses the regulatory landscape under the Trump administration.
- 01/22/2025
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Best Momentum Stocks to Buy for January 22nd
- PBPB, HIPO and GS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 22, 2025.
- 01/22/2025
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Goldman Sachs CEO says important for US, China to improve ties, CNBC reports
- Goldman Sachs CEO David Solomon said on Wednesday it was important for the U.S. and China, the world's two largest economic superpowers, to improve their bilateral ties.
- 01/22/2025
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Best Income Stocks to Buy for January 22nd
- JPM, C and GS made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 22, 2025.
- 01/22/2025
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New Strong Buy Stocks for January 22nd
- JPM, GS, C, HIPO and PBPB have been added to the Zacks Rank #1 (Strong Buy) List on January 22, 2025.
- 01/22/2025
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The Zacks Analyst Blog The Goldman Sachs, JP Morgan, Barclays and Morgan Stanley
- The Goldman Sachs, JP Morgan, Barclays and Morgan Stanley are included in this Analyst Blog.
- 01/22/2025
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Goldman Sachs: CSG The Key To Dominate Private Credit And Private Equity
- Goldman Sachs had a strong Q4, with EPS doubling and significant growth in book value; M&A and asset management divisions performed exceptionally well. The new Capital Solutions Group aims to capitalize on private credit and private equity dealmaking, positioning GS for long-term growth. Despite being slightly overvalued, GS shows strong short-term momentum; long-term fundamentals suggest a Hold rating, awaiting a better entry point.
- 01/22/2025
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Banks Kick Q4 Earnings Season Off With A Bang As CEO Sentiment Improves
- Banks such as JPMorgan, Citi, and Goldman Sachs started the earnings season off on a positive note when all beat expectations on the top and bottom lines. The pre-peak Late Earnings Report Index fell to its lowest level in a year, signaling corporations are feeling more certain about growth prospects as they start 2025. Q4 S&P 500 EPS growth is expected to come in at 12.5%, the highest growth rate in three years.
- 01/22/2025
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Goldman Sachs CEO David Solomon taps new generation of leaders in Wall Street revamp: ‘Very best'
- Goldman Sachs CEO David Solomon promoted a slew of top bankers on Tuesday to run the firm's biggest business units, just days after the bank boss was awarded a pair of massive bonuses.
- 01/21/2025
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Goldman Stock Hits All-Time High: More Room to Grow or Time to Sell?
- The Goldman Sachs Group, Inc. GS shares touched an all-time high of $627 during Friday's trading session before closing the session slightly lower at $625.94.
- 01/21/2025
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Are You Looking for a Top Momentum Pick? Why Goldman Sachs (GS) is a Great Choice
- Does Goldman Sachs (GS) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 01/21/2025
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Goldman Sachs Is Firing On All Cylinders (Technical Analysis)
- Goldman Sachs stock has surged over 60% in the past year, with technicals and fundamentals indicating further bullish potential, justifying a buy rating. The stock is in a solid uptrend with multiple support levels and no resistance, suggesting strong bullish momentum and potential for continued growth. Moving averages and indicators like MACD, RSI, and stochastics confirm the bullish outlook, despite minor concerns about longer-term strength.
- 01/21/2025
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Is It Worth Investing in Goldman (GS) Based on Wall Street's Bullish Views?
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 01/20/2025
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2 Passively Managed ETFs That Crushed the S&P 500 Last Year
- Beating the S&P 500 is a hard thing to do consistently, especially if you're paying hefty management fees or expense ratios for a fund.
- 01/20/2025
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Trump's deregulation ‘constructive for growth': Goldman Sachs CEO
- Goldman Sach's top boss talked about how the incoming administration's policies could impact the economy. He focused on how the tone of deregulation could fuel business investment.
- 01/19/2025
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Broadcom, Goldman Sachs Lead 5 Stocks In Buy Areas With This Bullish Base
- Broadcom and Goldman Sachs lead this weekend's watchlist of stocks that are just above traditional or early buy points. The post Broadcom, Goldman Sachs Lead 5 Stocks In Buy Areas With This Bullish Base appeared first on Investor's Business Daily.
- 01/18/2025
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Bank profit growth is just beginning: CFRA analyst
- The financials sector is showcasing a strong earnings performance this season, as major banks Bank of America (BAC), Morgan Stanley (MS), Citigroup (C), JPMorgan Chase & Co. (JPM), Goldman Sachs (GS), and Wells Fargo (WFC) reported a combined 19% increase in net income for 2024. CFRA Research Director of Global Fundamental Research Ken Leon joins Market Domination to offer his analysis on the banking industry's outlook.
- 01/17/2025
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Goldman's David Solomon toasts 63rd birthday with $39M payday
- The Wall Street veteran will also earn an $80 million retention bonus if he remains with the bank for another five years.
- 01/17/2025
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Banks Are Booming, But Keep an Eye on the Consumer
- JPMorgan Chase CEO Jamie Dimon warned investors to keep an eye on inflation and the job market. He said stagflation would be a worst-case scenario.
- 01/17/2025
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Goldman Sachs Gives Solomon $80 Million to Stay CEO Five More Years
- Retention bonus, and big pay raise, quell any more questions about the CEO's ability to stay in place
- 01/17/2025
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Goldman Sachs Q4 Earnings: Business Downtrends Reversed, Industry Leadership Clear
- The Goldman Sachs Group, Inc.'s FY 2024 earnings show strong revenue and net earnings growth, with operating expenses at 3-year lows and profit margins at 3-year highs. Equities and FICC segments within its “Global Banking & Markets” division now account for half of its total revenues, overshadowing advisory-driven investment banking. Despite challenges in deal-making due to high rates, Goldman Sachs remains a top M&A advisor globally, ensuring solid deal flows.
- 01/17/2025
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Why You Shouldn't Bet Against Goldman Sachs (GS) Stock
- Goldman Sachs (GS) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 01/17/2025
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Goldman Sachs boosts CEO pay to $39 million, lines up five more years at helm
- Goldman Sachs raised CEO David Solomon's compensation 26% to $39 million for last year, according to a filing, and its board lined up an $80 million stock retention bonus that signals he will stay at the helm for another 5 years.
- 01/17/2025
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Buy Goldman Sachs or BlackRock Stock After Strong Q4 Earnings?
- Exceeding their Q4 top and bottom-line expectations on Wednesday, let's see if it's time to buy stock in these renowned investment firms.
- 01/16/2025
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Wall Street banks had a great quarter, and the boom times are just starting
- American investment banks disclosed a record-smashing quarter, helped by surging trading activity around the U.S. election and a pickup in investment banking deal flow. JPMorgan Chase, Goldman Sachs and Morgan Stanley easily topped estimates for the fourth quarter.
- 01/16/2025
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Goldman Sachs Stock May Be Pricey But Its One Of The Cheapest Ways For Investing In Capital Markets: Analyst
- Keefe, Bruyette & Woods analyst David Konrad reiterated an Outperform rating on the shares of Goldman Sachs Group Inc GS and raised the price forecast to $690 from $686.
- 01/16/2025
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Q4 Earnings Season Kicks Off Strong
- We are off to a solid start to the 2024 Q4 earnings season, with the big banks not only coming ahead of estimates but also providing reassuring guidance for the coming quarters.
- 01/15/2025
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Q4 Earnings Season Kicks Off Strong
- We are off to a solid start to the 2024 Q4 earnings season, with the big banks not only coming ahead of estimates but also providing reassuring guidance for the coming quarters.
- 01/15/2025
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Goldman Sachs CEO Solomon says IPO market is 'going to pick up' along with dealmaking
- Goldman Sachs CEO David Solomon told Cisco CEO Chuck Robbins in an on-stage event on Wednesday that the multi-year IPO drought should be coming to an end. "It's going to pick up," Solomon said, noting that the IPO market has "been slow, it's been turned off.
- 01/15/2025
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Markets Rally on Soft CPI, Good Q4 Bank Earnings
- There's no guarantee that a cut is coming, but more soft economic data may eventually prod the Fed to be convinced to follow its own dot-plot from late last year.
- 01/15/2025
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Exclusive: Apple in talks with Barclays, Synchrony to replace Goldman in credit card deal, sources say
- Apple is in talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its consumer finance ambitions.
- 01/15/2025
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Big US Banks See Profits Surge
- Big US banks had a great quarter. The four giant lenders that reported full-year results Wednesday notched their second-most profitable year ever in 2024, trailing only Joe Biden's first year as president.
- 01/15/2025
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3-Stock Lunch: Goldman Sachs, Snap and Trade Desk Inc
- Will McGough, Prime Capital Financial director of investments, joins 'Power Lunch' to discuss stock plays for three stocks.
- 01/15/2025
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Earnings show banks moving from 'challenged' to 'better,' says UBS' Erika Najarian
- Erika Najarian, research analyst at UBS, joins CNBC's 'The Exchange' to discuss bank earnings, expectations for the industry in the coming months, and more.
- 01/15/2025
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The Goldman Sachs Group, Inc. (GS) Q4 2024 Earnings Call Transcript
- The Goldman Sachs Group, Inc. (NYSE:GS ) Q4 2024 Earnings Conference Call January 15, 2025 9:30 AM ET Company Participants David Solomon - Chairman & CEO Denis Coleman - CFO Conference Call Participants Ebrahim Poonawala - Bank of America Christian Bolu - Autonomous Research Betsy Graseck - Morgan Stanley Brennan Hawken - UBS Mike Mayo - Wells Fargo Securities Devin Ryan - Citizens JMP Dan Fannon - Jefferies Gerard Cassidy - RBC Operator Good morning. My name is Katie, and I will be your conference facilitator today.
- 01/15/2025
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Goldman Sachs Forms Capital Solutions Group to Grow Private Credit Business
- Goldman Sachs Group has created a Capital Solutions Group that will bring together its financing, origination, structuring and risk management solutions in its Global Banking & Markets business. The global financial institution will also expand the alternatives investment team in its Asset & Wealth Management business, according to a Monday (Jan. 13) press release.
- 01/15/2025
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Nasdaq Surges Over 2%; Goldman Sachs Posts Upbeat Q4 Results
- U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 2% on Wednesday.
- 01/15/2025
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Goldman Q4 Earnings & Revenues Beat as IB Business Rebounds, Stock Up
- Strong IB revenues, along with lower expenses, support GS' Q4 earnings. However, a rise in provisions remains a near-term concern.
- 01/15/2025
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S&P 500 News: Inflation Eases, Tesla Soars, and Goldman Sachs Leads Bank Rally
- Easing inflation boosts US stock markets. Tesla jumps 5%, Goldman Sachs rises 4.9%.
- 01/15/2025
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Wells Fargo, Goldman Sachs, and Citigroup Are All Soaring. Here's Why.
- The stock market was having a strong day on Wednesday, with the S&P 500 (^GSPC 1.34%) and Nasdaq Composite (^IXIC 1.81%) higher by 1.6% and 1.9% as of 10 a.m. ET. But the big bank stocks are leading the way, with several major U.S. financial institutions spiking higher.
- 01/15/2025
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Banks are well setup for 2025, says RBC's Gerard Cassidy
- Gerard Cassidy, RBC Capital Markets analyst, joins 'Squawk on the Street' to discuss the latest bank earnings results.
- 01/15/2025
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Big banks shine in Q4, but risks loom ahead
- Big banks like JP Morgan (JPM), Citigroup (C), Goldman Sachs (GS), and Wells Fargo (WFC) reported strong profits in quarter four, ignited by a rebound in dealmaking and investment banking. Chris Whalen, chairman of Whalen Global Advisors, joins Morning Brief hosts Seana Smith and Brad Smith to analyze these results, highlighting JP Morgan's stability and conservative loan growth.
- 01/15/2025
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There's been a 'meaningful shift' in CEO confidence since Trump's election, says Goldman's Solomon
- "There has been a meaningful shift in CEO confidence, particularly following the results of the U.S. election," Goldman Sachs CEO David Solomon said, according to a transcript from FactSet. Donald Trump, who is set to return to the White House on Monday, is seen as broadly more business-friendly than outgoing President Joe Biden.
- 01/15/2025
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Goldman Sachs CEO says Apple card partnership may end before 2030
- Goldman Sachs' credit-card partnership with Apple may end before its contract runs out in 2030, Goldman CEO David Solomon said on Wednesday.
- 01/15/2025
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What Goldman Sachs' Quarterly Results Reveal About the Economy
- The first earnings season of 2025 is kicking off, and as always, the financial sector leads investors into the first round of action this week. While banking stocks aren't that exciting to most, the biggest investment banks usually give many clues as to where the economy currently is or might be headed.
- 01/15/2025
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Compared to Estimates, Goldman (GS) Q4 Earnings: A Look at Key Metrics
- The headline numbers for Goldman (GS) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 01/15/2025
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Goldman Sachs is about to report fourth-quarter earnings
- Goldman Sachs reports fourth-quarter earnings before market open Wednesday. Analysts surveyed by LSEG expect earnings per share of $8.22 and revenue of $12.39 billion.
- 01/15/2025
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Goldman Sachs, JPMorgan Lead Slew Of Bank Earnings. These Stocks Are Basing.
- Big banks kick off Q4 results with Goldman Sachs, JPMorgan Chase, Wells Fargo, BlackRock reporting. Some names are basing.
- 01/14/2025
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5 Sectors and Stocks Set to Shine This Earnings Season
- We have highlighted stocks from the sectors that are expected to move higher this earnings season.
- 01/14/2025
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Goldman Sachs (GS) Earnings Expected to Grow: Should You Buy?
- Goldman (GS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/14/2025
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Big Bank earnings on deck: Here's what to expect
- Jason Goldberg, Barclays senior equity analyst, joins 'Squawk Box' to preview Q4 earnings seasons from big banks, state of the banking industry, and more.
- 01/14/2025
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'Keep On Truckin'': Goldman Sachs' playbook for 2025
- Sharmin Mossavar-Rahmani, Goldman Sachs CIO of wealth management, joins 'Squawk Box' to discuss Goldman Sachs' outlook for 2025, latest market trends, state of the economy, and more.
- 01/14/2025
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CIS Secures Second Tranche of Private Financing from the Urban Investment Group at Goldman Sachs Alternatives to Expand Stormwater Infrastructure in Greater Milwaukee
- ANN ARBOR, Mich.--(BUSINESS WIRE)--CIS, the nation's leading resilient infrastructure builder, has announced the deployment of a second tranche of private financing from its credit facility with the Urban Investment Group (UIG) at Goldman Sachs Alternatives. This funding will further enhance CIS's capacity to mitigate stormwater runoff across the Greater Milwaukee region through its Community-Based Partnership (CBP) with the Milwaukee Metropolitan Sewerage District (MMSD) called Fresh Coast Pro.
- 01/14/2025
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Bank earnings coming up: Citi, JPMorgan, Goldman, BofA
- Big Banks are ready to kick off earnings season. Citi (C), JPMorgan Chase (JPM), Goldman Sachs (GS), and Wells Fargo (WFC) report on Wednesday, while Bank of America (BAC) and Morgan Stanley (MS) release results on Thursday.
- 01/13/2025
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Goldman names leaders for newly created Capital Solutions Group, memo shows
- Goldman Sachs has announced a raft of leadership changes after creating a new division, which will focus on financing large deals and providing loans to corporate clients, according to an internal memo seen by Reuters on Monday.
- 01/13/2025
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What Makes Goldman (GS) a New Buy Stock
- Goldman (GS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 01/13/2025
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KBW CEO: Banking industry is 'turning a corner' on a lot of fronts, here's why
- Tom Michaud, KBW CEO, joins 'Squawk on the Street' to discuss what to expect from the spate of bank earnings coming up.
- 01/13/2025
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Goldman Sachs: Upcoming Earnings With Optimistic Outlook
- Goldman Sachs' stock has surged 46% in a year, and despite potential interest rate risks, it may reach new 52-week highs in 2025. The global banking and asset management segments are key revenue drivers, with steady growth in investment banking fees and management fees. Analysts are optimistic, projecting EPS growth of 18% in 2025 and 13% in 2026, making Goldman Sachs' valuation attractive compared to peers.
- 01/13/2025
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America's 6 Biggest Banks to Report $31 Billion in Profits
- America's biggest banks apparently have Donald Trump to thank for a successful quarter. Banking giants are set to report $31 billion in profits for the last three months of last year, fueled by a surge in trading and dealmaking following the U.S. presidential election, the Financial Times (FT) reported Monday (Jan. 13).
- 01/13/2025
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Goldman Sachs planning to combine three groups into banking and markets unit, WSJ reports
- Goldman Sachs is planning to combine three key groups in its global banking and markets unit, the Wall Street Journal reported on Monday, citing people familiar with the matter.
- 01/13/2025
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Float Financial Announces $70 Million Investment Round Led by Growth Equity at Goldman Sachs Alternatives to Build Canada's Most Complete Business Finance Solution
- TORONTO--(BUSINESS WIRE)--Float Financial, a business finance platform for Canadian businesses, today announced it has signed a CAD $70 million Series B financing round, which brings its total funds raised in the last 12 months to $120 million. The round is led by Growth Equity at Goldman Sachs Alternatives, with participation from OMERS Ventures, FJ Labs, Teralys and existing investor Garage Capital. Float's range of business finance products is already trusted by big Canadian brands like Jane.
- 01/13/2025
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What Wall Street Analysts Think of Goldman Sachs Stock Ahead of Earnings
- Goldman Sachs (GS) is set to report fourth-quarter results before the market opens Wednesday, with analysts expecting revenue and net interest income growth.
- 01/13/2025
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What To Expect in the Markets This Week
- This week, investors can look forward to earnings from several big banks, with JPMorgan Chase (JPM), Goldman Sachs (GS), Bank of America (BAC), Wells Fargo (WFC), and more set to report. Results from large firms in the tech and health care sectors, including Taiwan Semiconductor Manufacturing Company (TSM) and UnitedHealth Group (UNH), could also attract investor attention.
- 01/12/2025
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Should Goldman be Part of Your Portfolio Ahead of Its Q4 Earnings?
- GS is set to report fourth-quarter 2024 earnings. Here, we assess the factors that have influenced its performance and how investors should play this stock.
- 01/10/2025
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Goldman Sachs (GS) Boasts Earnings & Price Momentum: Should You Buy?
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.
- 01/10/2025
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Wall St heavyweights see spending cuts ahead as UK economy doubts rise
- Economists at Goldman Sachs have added their sixpenny worth to the gloomy headlines around the health of the UK's finances. Following Chancellor Rachel Reeves' tax raid, the Wall Street titan now sees the UK economy growing by 0.9% this year, compared to the official forecast of 2%.
- 01/10/2025
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Goldman Sachs appoints Paesotto and Rava as co-heads of Investment Banking in Italy
- Goldman Sachs has appointed Marco Paesotto and Edoardo Rava as co-heads of Investment Banking in Italy, the bank said on Friday.
- 01/10/2025
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Goldman Sachs (GS) Stock Drops Despite Market Gains: Important Facts to Note
- Goldman Sachs (GS) closed at $580.02 in the latest trading session, marking a -0.02% move from the prior day.
- 01/09/2025
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Checking in with Goldman Sachs Stock Before Earnings
- Goldman Sachs Group Inc (NYSE:GS) is one of the many financial names scheduled to report earnings next week.
- 01/08/2025
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How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 Earnings
- Goldman Sachs Group, Inc GS will release earnings for its fourth quarter, before the opening bell on Wednesday, Jan. 15.
- 01/08/2025
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Goldman Sachs is at the heart of regulatory relief, says BofA's Ebrahim Poonawala
- Ebrahim Poonawala, Bank of America managing director, joins 'Closing Bell Overtime' to talk changes in the Federal Reserve and what it means for the financial sectors moving forward.
- 01/07/2025
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Why Goldman (GS) Could Beat Earnings Estimates Again
- Goldman (GS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 01/07/2025
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These Were the 5 Top-Performing Stocks in the Dow Jones Industrial Average in 2024
- Rising over 13% in 2024, the Dow Jones Industrial Average lagged the S&P 500, which soared 23%. But the diversity among the performances of the individual Dow Jones stocks was considerable.
- 01/07/2025
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Goldman Sachs downgraded by analysts on limited upside potential
- Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) has been downgraded to ‘Neutral' from ‘Buy' by analysts at UBS who see limited upside to its current valuation. On the other hand, they boosted their price target to US$610 from $600.
- 01/06/2025
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14%+ Dividend Yields: 1 To Buy And 1 To Avoid
- High-yield dividend stocks can be powerful income machines, but can also be risky. This means that investors should use extra caution when investing in these sorts of stocks. We discuss two 14%+ yielding yields, one that is worth buying and one that is not.
- 01/06/2025
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Here's Why Goldman Sachs (GS) Gained But Lagged the Market Today
- Goldman Sachs (GS) closed the most recent trading day at $580.13, moving +0.9% from the previous trading session.
- 01/03/2025
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January Dow Dogs: 1 'Safer' Buy, And 5 With Promise
- Verizon Communications is the only Dow Dog meeting the ideal of annual dividends from $1K invested, exceeding the single share price. Analysts forecast 11.36% to 31.73% net gains from the top ten Dow Dogs by January 2026, with Merck leading at $313.37. A market correction of 82% could make all top ‘safer' Dow dividend dogs fair-priced, with dividends from $1K invested meeting or exceeding share prices.
- 01/02/2025
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Stop Trading: Banks aren't expensive and could benefit from regulatory approval
- CNBC's Jim Cramer reports on the financial stocks.
- 01/02/2025
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Is Goldman (GS) a Buy as Wall Street Analysts Look Optimistic?
- The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
- 01/02/2025
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The Goldman Sachs Group, Inc. (GS) is Attracting Investor Attention: Here is What You Should Know
- Zacks.com users have recently been watching Goldman (GS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 01/01/2025
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These Are The 5 Best Dow Jones Stocks Of 2024
- Led by Nvidia and Walmart, the best Dow Jones stocks have far outpaced the index's overall 13% gain. The post These Are The 5 Best Dow Jones Stocks Of 2024 appeared first on Investor's Business Daily.
- 12/31/2024
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S&P 500 Banks Perform Well in 2024: 5 Stocks Worth Considering
- Bank stocks like GS, BK, WFC, JPM and MTB soar in 2024, driven by Fed rate cuts, booming M&A activity and economic optimism.
- 12/30/2024
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Why 2025 Could Be a Great Year for Big Banks
- After a few bumpy years of both successes and setbacks, lenders might finally be firing on all cylinders.
- 12/29/2024
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Big Banks Sue the Fed Over Lack of Transparency in Annual Stress Test
- JPM, C, GS and others file a joint lawsuit against the Fed over annual stress testing transparency and framework.
- 12/26/2024
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Goldman Sachs Remains One Of The Best Plays For 2025
- Goldman Sachs is rated a 'buy' due to leadership in deal flow, strong capital attraction, and favorable macro tailwinds, despite recent price momentum. The company's diversified operations and record $3.10 trillion AUS drive accretive fee-related earnings, with significant growth in Asset and Wealth Management. Goldman Sachs' valuation metrics indicate it remains undervalued relative to peers, with a fair value of $615.96, offering a 16.94% upside.
- 12/25/2024
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Goldman Sachs (GS) Surpasses Market Returns: Some Facts Worth Knowing
- The latest trading day saw Goldman Sachs (GS) settling at $570.78, representing a +0.83% change from its previous close.
- 12/23/2024
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Global M&A to Improve in 2025: 3 Investment Bank Stocks to Consider
- Investment bank stocks like RJF, MS and GS are expected to benefit from the anticipated surge in global M&A activity in 2025.
- 12/23/2024
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Citi, Bank of America, Goldman offer strong prospects for 2025, analyst says
- KBW praises Citi's value, Goldman's revenue upside and Bank of America's expected net interest income growth.
- 12/20/2024
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Accenture price target raised to $430 from $420 at Goldman Sachs
- Goldman Sachs analyst James Schneider raised the firm's price target on Accenture to $430 from $420 and keeps a Buy rating on the shares. The analyst believes that the stock will hold its post-earnings gains with stronger underlying revenue results and guidance despite significant FX pressure. Goldman Sachs adds that it sees significant secular tailwinds for Accenture when cyclical headwinds fully subside.
- 12/19/2024
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Birkenstock price target lowered to $57.90 from $59.10 at Goldman Sachs
- Goldman Sachs lowered the firm's price target on Birkenstock to $57.90 from $59.10 and keeps a Neutral rating on the shares. The company reported "robust" Q4 earnings that confirm its strong brand momentum, while margins surprised positively and drove earlier operating leverage vs. prior expectations, the analyst tells investors in a research note. The firm adds however that it will continue to monitor channel feedback with the view that the next potential catalyst will be the performance in the seasonally largest periods of the year, also noting that the management's outlook for FY25 was "modestly light".
- 12/19/2024
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TeamViewer downgraded to Neutral from Buy at Goldman Sachs
- Goldman Sachs analyst Mohammed Moawalla downgraded TeamViewer to Neutral from Buy with a price target of EUR 12, down from EUR 17. Until there is clear evidence of an acceleration of growth, the market will continue to weigh the potential accretion from acquisitions against prospects for more limited capital returns, the analyst tells investors in a research note. The firm downgraded TeamViewer to reflect uncertainty around the capital returns outlook in light of management's willingness to consider alternative deployment strategies.
- 12/19/2024
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Morgan Stanley or Goldman: Which Stock to Keep an Eye on in 2025?
- MS and GS are well-poised to gain from the revival of global M&As. Read on to know whether to bet on these stocks now or wait.
- 12/18/2024
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The Goldman Sachs Group, Inc. (GS) Is a Trending Stock: Facts to Know Before Betting on It
- Goldman (GS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 12/18/2024
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4 "Dogs of the Dow" Stocks for Investors to Watch in 2025
- We bring four stocks from the "Dogs of the Dow" list that have a dividend yield of more than 2%, namely Goldman Sachs (GS), Chevron (CVX), IBM and Cisco (CSCO).
- 12/18/2024
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Goldman Trades at a Discount to Industry: Buy, Sell or Hold?
- GS benefits from a revival of global M&A deals. Its expansion in the private equity line looks promising.
- 12/17/2024
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Goldman 'misinterpreting' investors' SolarEdge concerns, says GLJ Research
- GLJ Research analyst Gordon Johnson notes that Goldman Sachs double upgraded SolarEdge to Buy from Sell with a $19 12-month forward price target, which compares to GLJ's year-end 2025 price target of $3.90 and continued Sell rating. It seems that Goldman believes the key concern weighing on shares rests with the company's ability to address its $347.5M convertible bond due in September of 2025, but GLJ believes Goldman is "misinterpreting" why investors have "deep-rooted" concerns about SolarEdge in 2025, stating that "the concern we hear from our clients rests with the idea that after SEDG pays off its convert, they will have less than 1-quarter of COGS left on the balance sheet with no way to generate cash." GLJ suggests shorting SolarEdge on today's 21.75% "pop," which the firm calls "an early Christmas gift from 'Wall Street Santa Clause'."
- 12/17/2024
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Goldman Sachs: Optimistic Outlook For 2025 (Rating Upgrade)
- Goldman Sachs' CFO is optimistic about the deal activity outlook in 2025 after the US presidential election due to enhanced client dialogue. The stock's financials have firmly recovered due to strong Asset Management & Equity Trading, and in Q3, earnings were beaten by a substantial amount. Although the valuation remains high, it is cheaper than its closest peer, and it has remained within the same range throughout the year without expanding, while the stock has appreciated.
- 12/17/2024
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Goldman Sachs (GS) Ascends But Remains Behind Market: Some Facts to Note
- Goldman Sachs (GS) closed the most recent trading day at $586.33, moving +0.15% from the previous trading session.
- 12/16/2024
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Goldman Sachs Gets Regulatory Approval for Fund Sales in China
- GS obtains a license for fund sales from the Beijing Bureau of China Securities Regulatory Commission.
- 12/16/2024
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S&P 500 Banking Giant Leads Five Stocks To Watch Amid Market Rally
- Goldman Sachs and Fortinet are among the stocks investors should keep tabs on as the stock market rally holds up. The post S&P 500 Banking Giant Leads Five Stocks To Watch Amid Market Rally appeared first on Investor's Business Daily.
- 12/14/2024
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Bank sector could see regulatory reform ahead
- CNBC's Leslie Picker reports on news regarding the incoming administration.
- 12/13/2024
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Goldman Sachs Asset Management Announces Liquidation of Three Exchange-Traded Funds
- NEW YORK--(BUSINESS WIRE)--Goldman Sachs Asset Management, the investment adviser for the Goldman Sachs Bloomberg Clean Energy Equity ETF, Goldman Sachs North American Pipelines & Power Equity ETF and Goldman Sachs Future Real Estate and Infrastructure Equity ETF (each, a “Fund” and collectively, the “Funds”), announced today that the Funds' Board of Trustees, at the recommendation of Goldman Sachs Asset Management, has approved a plan of liquidation for each Fund (collectively, the “Plans”.
- 12/12/2024
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Best Stocks for 2025: Tech, Industrials, and Financials Lead
- It's now the end of the investing year. As is customary, the biggest investment banks in the industry are starting to come out and issue their views for 2025.
- 12/12/2024
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Top banking industry trends headed into 2025: Strategist
- Goldman Sachs hosted its GS Financials conference from December 10-11, bringing together banking executives to discuss key industry trends. Goldman Sachs (GS) global investment research managing director & senior analyst Alex Blostein joined Catalysts to share insights from top banking executives.
- 12/12/2024
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Invest in 5 Investment Bank Stocks to Enrich Your Portfolio in 2025
- We have narrowed our search to five investment bank stocks that have strong growth potential for 2025. These are: GS, MS, BAC, WFC, RJF.
- 12/12/2024
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Goldman CFO Denis Coleman on M&A, Talent, Regulation
- Denis Coleman, CFO at Goldman Sachs, sees the potential for a “more favorable” M&A environment heading into 2025 and calls talent a “mission critical” component of the firm's success. He speaks with Sonali Basak from a Goldman Sachs Group Inc. conference.
- 12/11/2024
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Goldman Head Projects 2025 Dealmaking Will Exceed 10-Year-Average
- The CEO of Goldman Sachs is predicting a strong year for dealmaking in 2025. Speaking to Reuters Tuesday (Dec. 10), David Solomon said that dealmaking in equities, mergers and acquisitions in 2025 could surpass 10-year averages.
- 12/11/2024
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Crowdstrike Holdings, Inc. (CRWD) Price Prediction and Forecast 2025-2030
- With the advent of the digital age, tech-minded thieves, scammers, and hackers found a panoply of new prospective victims. As digital tools became routine within the government and industrial sectors, the inherent security vulnerabilities from skilled antagonists armed simply with a computer created the birth of the cybersecurity industry. Founded in 2011, Austin-headquartered Crowdstrike Holdings (NASDAQ: CRWD) became a leader in the global cybersecurity sector, thanks to a number of high-profile hacking and cyber-espionage investigations on both the corporate and government levels. Providing endpoint security, threat intelligence, and cyber attack response services, Crowdstrike’s valuation has exploded, from $1 billion in 2017 to a 2024 market cap of $87.10 billion. Headwinds While Crowdstrike has strong ties to the US government and multibillion-dollar conglomerates, its public reputation has been built on its identification of government-level military and espionage hacker groups. To date, Crowdstrike’s biggest setback has been from July 2024. The company released an update to its Falcon detection and response software agent. Unfortunately, code flaws caused millions of Microsoft Windows OS-powered computers to crash all around the world. The downtime caused a widespread global impact, grounding commercial airline flights, temporarily taking Sky News and other broadcasters offline, and disrupting banking and healthcare services as well as 911 emergency call centers. Subsequent problems arose requiring multiple boots or other cumbersome, software key command fixes. As a result, Crowdstrike stock dropped from a high of $398.00 per share to a low of $208.10 in only 4 trading sessions. The stock has since clawed back from that loss. Regardless, investors are much more concerned with future stock performance over the next 1, 5, to 10 years. While most Wall Street analysts will calculate 12-month forward projections, it’s clear that nobody has a consistent crystal ball, and plenty of unforeseen circumstances can render even near-term projections irrelevant. 24/7 Wall Street aims to present some further-looking insights based on Crowdstrike’s own numbers, along with business and market development information that may be of help to our readers’ own research. Key Points In This Article Crowdstrike’s new partnerships with CardinalOps, Nagomi and Veriti are expected to enhance cybersecurity efficacy and fill missing gaps in the Falcon platform. Barring another software glitch such as what occurred in July, many investors and analysts believe all of the bad news is out and that Crowdstrike stock is oversold since none of their major contracts were canceled, and remain intact and in force. Remediation measures taken to address the Falcon update problem have met with positive responses for their transparency and clarity, indicating that there is widespread confidence in Crowdstrike for the future. CrowdStrike announced new partnerships with CardinalOps, Nagomi and Veriti for enhanced detection, prevention, and assessment of cyberthreats. Charlotte AI generative AI (GenAI) assistant launched in May 2023. It is touted to help security analysts complete tasks such as threat hunting and triaging up to 52% faster by automating complex workflows through natural language commands. If you’re looking for some stocks with huge potential, make sure to grab a free copy of our brand-new “The Next NVIDIA” report. It features a software stock we’re confident has 10X potential. Crowdstrike News and Updates 12/6/2024 Crowdstrike has once again been recognized as a leader in cloud security. For the third year in a row, the company has been named a leader in the 2024 Frost Radar for Cloud-Native Application Protection Platforms (CNAPP). 12/5/2024 Crowdstrike has been recognized by AWS with three prestigious awards: Global Security Partner of the Year, North America Marketplace Partner of the Year, and LATAM Public Sector Technology Partner of the Year. 12/3/2024 Crowdstrike’s stock gained 1.2% today, reaching a high of $351.95. 11/27/2024 Crowdstrike’s shares fell today following the company’s unexpected third-quarter loss, which was attributed to the impact of a large outage in July. Despite the setback, however, analysts remain optimistic about the company’s long-term prospects. Mizuho maintained its “outperform” rating and increased its price target to $375. Wedbush also raised its price target to $390, while Citi increased its price target to $400. 11/26/2024 Crowdstrike reported third-quarter earnings today, driven by robust demand for its cybersecurity solutions. The company’s revenue growth of 29% and earnings per share exceeding expectations underscore its strong market position. 5-10 Year Review Crowdstrike’s reputation was forged by its identification of international military cyberthreats from China, Russia, and North Korea. Crowdstrike’s identification of highly publicized cybersecurity breach perpetrators is the bedrock of its reputation. The following milestone events were all significant milestones: Sony Pictures’s data systems were hacked in 2014, compromising confidential business, employee, and communications data. Crowdstrike tracked down the hack to the North Korean government. That same year, Crowstrike identified Chinese PLA military hackers and a 5-member team called Putter Panda (officially PLA Unit 61486) as responsible for a number of cyber espionage hacks that were executed to steal both military and trade secrets from the US government and several prominent billion-dollar corporations. Crowdstrike identified a Russian hacker group called Energetic Bear, which is affiliated with the Russian Federal Security Service, that had conducted hacks of US energy and utility companies and resources. In 2015, Crowstrike identified and isolated VENOM, a flaw that opened a potential security breach for users of QEMU, Xen, KVM, and VirtualBox, and posted alert warnings for the cyber community. In 2016, Crowdstrike investigated the Democratic National Committee cyberattacks in coordination with the FBI. Crowdstrike also identified Russian cyber espionage group Fancy Bear as responsible for hacks into Ukrainian military apps as part of its assistance to Russia’s military conflict with Ukraine. From 2020 on, Crowdstrike enacted a number of acquisitions that both grew the company’s valuation, as well as expanded its capabilities. These include: Preempt Security (zero trust and conditional access) in 2020; Humio (log management) in 2021; SecureCircle (zero trust extension for data) also in 2021; Bionic.ai (cybersecurity) in 2023 and Flow Security in 2024. Crowdstrike went public in 2019. It finally became profitable in 2024, after years of losses as it built its cybersecurity business. Fiscal Year (Jan 31) Price Revenues Net Income 2015 n/a n/a n/a 2016 n/a n/a n/a 2017 n/a $52.70 M ($91.30 M) 2018 n/a $118.80 M ($135.50 M) 2019 IPO: 6-2019) $249.80 M ($140.01 M) 2020 $61.09 $481.40 M ($141.80 M) 2021 $215.80 $874.40 M ($92.60 M) 2022 $198.33 $1.451 B ($234.80 M) 2023 $105.90 $2.241 B ($183.20 M) 2024 (10/2024) $291.77 $3.055 B $89.30 M Key Drivers for Crowdstrike’s Stock in the Future Crowdstrike’s US government cyberthreat investigations have involved military threats from China and Russia, as well as the hacking of the DNC in 2016. Goldman Sachs and other analysts are bullish on Crowdstrike now that the bad news from July is all out and the company’s steps to prevent a future problem are being positively received. Crowdstrike’s remediation steps listed the following: Offered clients greater control over Falcon content deployment, including new granular configuration options for scheduling updates. Improved quality assurance processes to anticipate and address potential issues in future updates. Engaged with two independent third-party security vendors to review the Falcon code and quality processes, aiming to enhance security and resilience. Crowdstrike announced (3) cybersecurity partnerships to further enhance the efficacy of its Falcon platform. The Cardinal Ops partnership was formed for Adversary-Informed Detection Posture Management. This will allow customers to seamlessly operationalize CrowdStrike threat intelligence into actionable detection content for any SIEM, ensuring precise threat detection across diverse environments, and improving security efficacy and speed. The Nagomi partnership was formed for Intelligence-Driven Security Posture Management. Integrating with Nagomi will enable customers to proactively assess the impact of threat actor campaigns against their controls and security architecture. Nagomi transforms CrowdStrike threat intelligence into customized, actionable recommendations to optimize the security stack against real-world threats. The Veriti partnership was created for Proactive Exposure Assessment and Remediation. Veriti incorporation will give customers the ability to proactively monitor, prioritize and mobilize remediation efforts without business downtime. Veriti can automatically enrich and enforce CrowdStrike’s threat intelligence across all security controls, providing comprehensive protection. Charlotte AI is Crowdstrike’s AI platform. It is anticipated that it will accelerate threat hunting and triaging up to 52% faster. Charlotte AI will automate and simplify complex workflows through the use of natural language commands. So far, it averages 2 work hours savings, through 57% faster query writing and 75% faster answers to digital environment queries, according to current customer surveys. Stock Price Prediction for 2025 The consensus rating from 50 Wall Street analysts is ‘buy/outperform’. Their average price target in 12 months is $331.31, which is -6.49% from today’s price of $354.30. 24/7 Wall Street’s 12-month projection for Crowdstrike’s price is a slightly higher $326.70, which would be a loss of -7.79% from today’s price of $354.30. Given that Crowdstrike only went into the black earlier this year and after a near 40% drop in July, the measured regaining of lost ground is certainly not unexpected. The P/E ratio at the time of this writing is over 400, but as profitability is so recent, we are using a P/E of 90 for our projections. Crowdstrike’s Next 5 Years’ Outlook Crowdstrike Horizon cloud security solutions for Microsoft’s Azure will likely be customized and then adopted by Amazon and Google for their platforms. All three already use Crowdstrike Falcon for their conventional web business. We anticipate Crowstrike’s 2026 price to hit $386.10. As cyberattacks continue to proliferate and cyber blackmail schemes using viruses escalate, we think that Falcon improvements and enhancements from Cardinal Ops, Nagomi and Veriti will drive more subscriptions for premium service packages. We project 2027 to see Crowstrike’s price go to $484.20. Crowdstrike’s debt-to-equity ratio is 0.79 as of 2024. Additional cash from operations used to redeem bonds and improve the company’s debt-to-earnings ratio to over 1.0 will broaden its appeal for conservative buy-and-hold institutional investor types, which will boost the stock in 2028 to a projected price of $588.60. Identity Theft continues to attain greater sophistication, being able to to now use some digital copies of biometric security protocols to breach security protection measures. Enhanced 2.0 version of Zero Trust protocols from the SecureCircle and Preempt Security acquisitions should address those issues to better protect systems. The 2029 Crowdstrike price is projected to be $927.00, a big jump that will be led by further Falcon subscription boosts. Crowdstrike Stock in 2030 Crowdstrike’s Charotte AI is already showing accelrated threat identification, interdiction and assessment improvements, which should only improve over the next half decade. Charlotte AI-driven security measures that learn about new threats and immediately update all of the details and successive defensive protocols deployed across the Falcon platform should greatly advance Crowdstrike’s cybersecurity capabilities. The machine learning aspects of Charlotte AI will allow for better anticipation of future threats. This will contribute to a huge jump in 2030 earnings and a commensurate projected price of $1,163.70. Year EPS P/E multiple Price 2025 $3.63 90 $326.70 2026 $4.29 90 $386.10 2027 $5.38 90 $484.20 2028 $6.54 90 $588.60 2029 $10.30 90 $927.00 2030 $12.93 90 $1,163.70 “The Next NVIDIA” Could Change Your Life If you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over. The 24/7 Wall Street Analyst who first called NVIDIA’s AI-fueled rise in 2009 just published a brand-new research report named “The Next NVIDIA.” Click here to download your FREE copy. The post Crowdstrike Holdings, Inc. (CRWD) Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St..
- 12/11/2024
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The Stock Market Is Underestimating Geopolitical Chaos, Goldman Sachs CFO Says
- The CFO pointed to political instability across France, South Korea, and Syria in just the past week.
- 12/10/2024
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The Goldman Sachs Group, Inc. (GS) Goldman Sachs 2024 U.S. Financial Services Conference (Transcript)
- The Goldman Sachs Group, Inc. (NYSE:GS ) Goldman Sachs 2024 U.S. Financial Services Conference December 10, 2024 10:00 AM ET Company Participants Denis Coleman - Chief Financial Officer Conference Call Participants Richard Ramsden - Goldman Sachs Richard Ramsden Okay. So, I'm delighted to be joined by Denis Coleman.
- 12/10/2024
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Goldman Sachs sees more larger-scale strategic deals in 2025
- Goldman Sachs expects "strategic" deals by companies to accelerate in 2025 including large-scale mergers and acquisitions, its finance chief said on Tuesday.
- 12/10/2024
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Goldman Sachs (GS) Falls More Steeply Than Broader Market: What Investors Need to Know
- Goldman Sachs (GS) closed the most recent trading day at $594.12, moving -0.93% from the previous trading session.
- 12/09/2024
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Goldman explores options for platform clients use to launch ETFs, source says
- Goldman Sachs is exploring options, including a potential sale, for its ETF Accelerator platform designed to help the bank's institutional clients launch their own exchange-traded funds, a source familiar with the matter told Reuters on Friday.
- 12/06/2024
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Is It Worth Investing in Goldman (GS) Based on Wall Street's Bullish Views?
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 12/06/2024
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The Goldman Sachs Group, Inc. (GS) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to Goldman (GS). This makes it worthwhile to examine what the stock has in store.
- 12/05/2024
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These Are the 5 Top-Performing Stocks in the Dow Jones Industrial Average With 2024 Almost Over
- Barring a global economic catastrophe, it's very likely the Dow Jones Industrial Average will land in positive territory for 2024. Year to date, the storied index is up by 18.7%.
- 12/05/2024
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Dow 30 December Dogs Show 28 Pay Dividends And 1 "Safer" Buy
- Verizon is the only Dow Dog meeting the ideal of annual dividends from $1K invested exceeding its single share price. Five more Dow Dogs, including Cisco and Merck, are within 66% of meeting this ideal. Analysts forecast 11.36% to 31.73% net gains from top-ten Dow Dogs by December 2025, with Merck leading at 31.73%.
- 12/04/2024
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Goldman Sachs (GS) Laps the Stock Market: Here's Why
- In the latest trading session, Goldman Sachs (GS) closed at $602.08, marking a +0.06% move from the previous day.
- 12/03/2024
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Commercial Metals initiated with a Buy at Goldman Sachs
- Goldman Sachs analyst Mike Harris initiated coverage of Commercial Metals with a Buy rating and $75 price target. The prevailing sentiment towards the U.S. steel industry seems pessimistic given concerns on global over supply and weak but improving pricing, the analyst tells investors in a research note. The firm is more positive given its belief that both cyclical and structural factors could drive earnings growth for the domestic steel industry despite a weaker global backdrop. Goldman believes the U.S. steel industry and the stocks are near or at the trough of the current cycle.
- 12/02/2024
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Nucor initiated with a Buy at Goldman Sachs
- Goldman Sachs initiated coverage of Nucor with a Buy rating and $190 price target. The prevailing sentiment towards the U.S. steel industry seems pessimistic given concerns on global over supply and weak but improving pricing, the analyst tells investors in a research note. The firm is more positive given its belief that both cyclical and structural factors could drive earnings growth for the domestic steel industry despite a weaker global backdrop. Goldman believes the U.S. steel industry and the stocks are near or at the trough of the current cycle.
- 12/02/2024
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Jaguar stock price bounces back despite ‘woke' drama
- After a year-long hiatus, the British luxury vehicle maker Jaguar returned to the limelight with a new advertising campaign designed to signal the rebranding and the firm's pivot to an electrified future.
- 11/27/2024
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Goldman, Morgan Stanley ratings lowered due to lofty stock values
- With stock prices of Goldman Sachs Group Inc. and Morgan Stanley both outperforming the S&P 500 handily on optimism in the banking sector, HSBC analyst Saul Martinez downgraded shares of both financial firms to neutral from buy.
- 11/26/2024
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Why Goldman Sachs (GS) is a Top Stock for the Long-Term
- The Zacks Focus List offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.
- 11/26/2024
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Goldman Sachs: Animal Spirits Unleashed
- Goldman Sachs is poised to capitalize on increased M&A and IPO activity, driven by favorable market conditions and regulatory changes. Despite trading at a premium, Goldman offers good value considering expected growth rates and potential benefits from a Republican administration. The firm's strong earnings and strategic growth in private credit position it well for future gains, supported by a diversified service offering.
- 11/24/2024
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Goldman funds to take $900 million hit on Northvolt, FT reports
- Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed for Chapter 11 bankruptcy earlier this week, Britain's Financial Times reported on Saturday.
- 11/23/2024
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7 Stocks I'm Buying In Defiance Of Post-Election Euphoria
- Some stock sectors exhibit dangerous euphoria, reminiscent of Icarus flying too close to the sun, risking a significant correction. Post-election optimism has inflated valuations in midstream energy, regional banks, investment banks, and insurance companies, raising concerns about sustainability. The threat of mass deportations could impact agricultural REITs like Gladstone Land, affecting labor supply and lease structures.
- 11/23/2024
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Top 3 Financial Stocks Set to Gain From Looser Regulations
- After several years of lackluster performance, financial stocks are one of the best-performing sectors in 2024. A key reason for this is the Federal Reserve's pivot to lower interest rates.
- 11/22/2024
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Goldman Sachs CEO on how Trump administration 'could be pro-growth'
- David Solomon, Goldman Sachs chairman and CEO, says the Trump administration is "talking about a variety of things that could be pro-growth."
- 11/20/2024
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Goldman Sachs CEO on potential deregulation under a Trump administration
- David Solomon, Goldman Sachs chairman and CEO, discusses what possible deregulation under a Trump administration could mean for the economy.
- 11/20/2024
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Goldman Sachs CEO: The market is signaling belief that new government will pare back regulation
- David Solomon, Goldman Sachs chairman and CEO, sits down with CNBC's Leslie Picker to discuss whether deregulation promises made by president Donald Trump will come to fruition, expectations for markets in the new administration, and more.
- 11/20/2024
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Goldman Sachs CEO Solomon sees robust capital markets next year, CNBC reports
- Goldman Sachs CEO David Solomon expects capital markets to be more robust in 2025, he said in an interview with CNBC on Wednesday, joining a wave of positive forecasts as inflation eases and a new administration prepares to take office.
- 11/20/2024
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The Goldman Sachs Group, Inc. (GS) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to Goldman (GS). This makes it worthwhile to examine what the stock has in store.
- 11/20/2024
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Wednesday's big stock stories: What's likely to move the market in the next trading session
- The S&P 500 and the Nasdaq Composite ended Tuesday higher, as shares of Nvidia lifted the indexes. Here's what's on CNBC's radar going into Wednesday.
- 11/19/2024
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Goldman To Spin Out Digital Assets Platform
- Goldman Sachs Group Inc is speaking with potential partners as it plans to spin out its digital-assets platform into a new company for large financial firms to create, trade and settle financial instruments via blockchain technology. Bloomberg's Anna Irrera has the story.
- 11/19/2024
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Goldman Sachs Considers Spin-Off of Its Digital Assets Platform
- GS plans to spin out GS DAP into an industry-owned solution while collaborating with TW to unlock new business opportunities for the platform.
- 11/19/2024
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Driving Cybersecurity's Future: Anomali CEO Ahmed Rubaie Speaks at Goldman Sachs Private Innovative Company Conference
- LAS VEGAS--(BUSINESS WIRE)--Anomali, creator of the leading global AI-powered Security and IT Operations Platform, today announced that Ahmed Rubaie, CEO, and Udit Tibrewal, COO & CFO, will be participating in the Goldman Sachs Private Innovative Company Conference, taking place November 19-21. Rubaie will be speaking on a panel hosted by Marco Poletti, Managing Director and Head of Cybersecurity Investment Banking at Goldman Sachs, entitled, “New Innovation Frontiers in Cybersecurity,” whi.
- 11/19/2024
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Goldman Sachs Head Predicts M&A ‘Pick-up' in 2025
- Goldman Sachs Chairman David Solomon has reportedly predicted stronger capital raising under the next Trump administration. Solomon also said Tuesday (Nov. 19) that there will be a more robust merger and acquisition (M&A) environment under the new president.
- 11/19/2024
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These Are the 5 Top-Performing Stocks in the Dow Jones Industrial Average, With 2024 Almost Over
- These Are the 5 Top-Performing Stocks in the Dow Jones Industrial Average, With 2024 Almost Over
- 11/19/2024
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Spectro Cloud Closes $75m Series C Led by Growth Equity at Goldman Sachs Alternatives
- SAN JOSE, Calif.--(BUSINESS WIRE)-- #containers--Spectro Cloud, a leader in modern multi-cluster Kubernetes management at scale across a variety of deployment environments, including on-premises hardware, single and multi-cloud, and the edge, today announced it has completed a $75 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives with participation from existing Spectro Cloud investors. The investment comes at a turning point of complexity in the IT industry, with the evolutio.
- 11/19/2024
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Goldman goes peak Trump as it channels the Art of the Deal to analyse 2025 prospects for the US
- As the United States moves into 2025 with Donald Trump back in the White House, Goldman Sachs has outlined a positive outlook for the year, drawing on the former president's book The Art of the Deal as a metaphor for market strategy. "Think Big": Trump's philosophy of bold ambition is tied to Goldman's emphasis on the "Magnificent 7" — major tech companies such as Apple, Amazon, and Tesla.
- 11/19/2024
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Goldman Sachs chairman expects deals to pick up in 2025
- Goldman Sachs Chairman David Solomon said on Tuesday there will be more robust levels of both capital raising and M&A in 2025 with the new U.S. administration.
- 11/18/2024
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Goldman Sachs to Separate Blockchain-Based Platform From Digital Assets Business
- Goldman Sachs plans to spin out GS DAP, its blockchain-based platform for participants in digital capital markets, from its Digital Assets business. The financial institution plans to explore strategic opportunities to do so with the aim of GS DAP becoming an industry-owned distributed technology solution, it said in a Monday (Nov. 18) press release.
- 11/18/2024
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Earnings Growth & Price Strength Make Goldman Sachs (GS) a Stock to Watch
- Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.
- 11/15/2024
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Goldman Sachs Vs. Morgan Stanley: Which Big Bank Is The Better Buy?
- Goldman Sachs and Morgan Stanley are two of the largest investment banks, excelling in Wealth Management, M&A, Trading, and Brokerage. Despite frequent comparisons, the banks have distinct differences in their business plans, priorities, and strategic visions. GS has an incredible IB division, but MS's better ROE in wealth management and more well-balanced business segments should deliver shareholder outperformance in the long run.
- 11/15/2024
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What's Happening With Goldman Stock?
- Goldman Sachs' stock (NYSE: GS) has had a very good year, rising by a solid 57% year-to-date. In comparison, its peer Morgan Stanley (NYSE: MS) has seen its stock rise 41% over the same period.
- 11/15/2024
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Bridgewater increased bets on banks before election-driven rally, filing shows
- Bridgewater Associates added shares of big banks to its portfolio in the third quarter, securities filings showed, ahead of a rally that followed Donald Trump's victory in the U.S. presidential election.
- 11/14/2024
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Why Is Goldman (GS) Up 12.2% Since Last Earnings Report?
- Goldman (GS) reported earnings 30 days ago. What's next for the stock?
- 11/14/2024
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Hamilton Reserve Bank Names Former Goldman Sachs Executive Head of Investment Banking, Co-Head of Private Banking
- NEVIS, Saint Kitts and Nevis--(BUSINESS WIRE)-- #HamiltonReserveBank--Hamilton Reserve Bank has named former senior Goldman Sachs executive Joshua Larson as Head of Investment Banking and Co-Head of Private Banking.
- 11/12/2024
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Goldman Sachs cuts European growth and earnings forecasts as Trump tariffs loom
- The Trump regime will hit European economic growth and reduce company earnings, though the continent's defense sector may prosper.
- 11/08/2024
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Goldman Sachs adds most partners to ‘Wall Street's most exclusive club' since 2006
- The announcement comes amid a flurry of dealmaking activity in the world's financial capital that has boosted profits at Goldman's lower Manhattan headquarters.
- 11/07/2024
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Goldman Sachs appoints 95 new partners, including 26 women
- Goldman Sachs promoted 95 bankers to its elite partner ranks, including 26 women, the Wall Street giant said on Thursday.
- 11/07/2024
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Investors Heavily Search The Goldman Sachs Group, Inc. (GS): Here is What You Need to Know
- Zacks.com users have recently been watching Goldman (GS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 11/06/2024
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Call of the Day: Oppenheimer raises bank targets
- The Investment Committee debate the big bank names.
- 11/05/2024
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Goldman Sachs Sees “Lost Decade” for Stocks—Why You Should Buy Anyway
- Nothing curbs investor enthusiasm and optimism quite like a downbeat Goldman Sachs (NYSE:GS) forecast of returns for the next decade.
- 10/31/2024
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Goldman Sachs, JPMorgan raise post-Budget inflation concerns
- Two of the world's largest investment banks, Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) and JPMorgan Chase & Co (NYSE:JPM, ETR:CMC), have raised the prospect of high UK inflation following Labour Chancellor Rachel Reeves' Autumn Statement. “The rise in public spending is not just large, but is also front loaded and dominated by non-investment spending.
- 10/31/2024
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3 Investment Banks to Buy on the Revival of Capital Markets
- Revival of the IB business on the back of clarity on the macroeconomic backdrop and solid trading performance will support the Zacks Investment Bank industry players like Morgan Stanley (MS), Goldman (GS) and Raymond James (RJF).
- 10/30/2024
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Gold to hit US$3,000 by end 2025 predicts Goldman Sachs
- Gold is on course to hit S$3,000 by the end of next year predicts Goldman Sachs or roughly a 10% hike from the current price. Fear (F), investment (I) and speculation (S) have driven the recent surge in the price of the metal and are set to underpin a further rise in the rice, believes the bank.
- 10/30/2024
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Goldman Sachs CEO: I'm concerned about geopolitical situation in Middle East
- EXCLUSIVE: Goldman Sachs CEO David Solomon speaks to Bloomberg on the sidelines of Saudi Arabia's Future Investment Initiative. Catch live updates here: https://trib.al/xPVPXy2
- 10/29/2024
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Goldman Sachs CEO David Solomon on Middle East Conflict, Dealmaking, US Election
- Goldman Sachs Chairman and CEO David Solomon discusses the bank's business in the Middle East and the widening conflict in the region, prospects for dealmaking, and the state of the US economy. He speaks to Bloomberg's Joumanna Bercetche on the sidelines of the Future Investment Initiative conference in Riyadh.
- 10/29/2024
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Should You Buy, Hold, or Sell Goldman Sachs After Its Q3 Earnings?
- GS's strong IB unit aids it despite stretched valuation concerns. Let us find out whether investors should buy the stock now or wait for a better entry point.
- 10/25/2024
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Simbe Raises $50 Million in Series C Funding Led by Growth Equity at Goldman Sachs Alternatives
- New capital cements Simbe's market position, will fuel the global expansion and advancement of its retail automation solutions to continue delivering outsized value at scale, chainwide New capital cements Simbe's market position, will fuel the global expansion and advancement of its retail automation solutions to continue delivering outsized value at scale, chainwide
- 10/24/2024
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Apple and Goldman Sachs were ordered to compensate you for the Apple Card debacle. Here's what to know
- The Consumer Financial Protection Bureau (CFPB) has ordered Apple and Goldman Sachs to pay more than $89 million in penalties on behalf of hundreds of thousands of Apple Card users, for mishandling customer disputes and misleading customers about payment options for Apple devices.
- 10/24/2024
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Goldman Sachs and Apple receive $89m credit card fine
- The Consumer Financial Protection Bureau (CFPB) has fined Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) and Apple Inc (NASDAQ:AAPL, ETR:APC) over $89 million for mishandling customer obligations related to their joint Apple Card. The agency accused the companies of failing to properly handle disputed transactions and misleading customers about interest-free payment plans.
- 10/24/2024
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Apple and Goldman Sachs Fined $89 Million by CFPB for Apple Card Failures
- While Apple continues to look for a new home for the Apple Card, the tech giant and its current issuer have been accused of mismanaging customer accounts.
- 10/23/2024
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CFPB Orders Apple, Goldman Sachs to Pay $90 Million Over Apple Card Violations
- If there's a regulatory body that's been busier this week than the Consumer Financial Protection Bureau (CFPB), we'd be hard-pressed to name it. Having just issued its final rule on open banking and data sharing on Tuesday, the CFPB said Wednesday (Oct.
- 10/23/2024
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Apple and Goldman Sachs ordered to pay $89M over Apple Card failures
- Apple and Goldman Sachs are being ordered by the CFPB to pay a combined $89 million in fines stemming from customer service issues with the Apple Card and regulatory violations.
- 10/23/2024
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US fines Apple and Goldman Sachs over Apple Card
- The United States fined Apple and Goldman Sachs a total of $89 million on Wednesday, accusing them of deceiving users of the iPhone maker's credit card.
- 10/23/2024
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Coca-Cola Is Well-Positioned For Long-Term, Sustainable Growth, Says Goldman Sachs
- On Wednesday, Coca-Cola Company KO reported a third-quarter 2024 sales decline of 1% year-on-year to $11.9 billion, beating the analyst consensus estimate of $11.59 billion.
- 10/23/2024
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Final Trades: Eaton, TransDigm and Goldman Sachs
- The Investment Committee give you their top stocks to watch for the second half.
- 10/23/2024
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Apple And Goldman Sachs Fined Over $89 Million For Misleading Apple Card Customers
- Apple and Goldman Sachs will pay over $89 million in combined fines and refunds because of failures stemming from the companies' Apple Card partnership, according to U.S. regulators Wednesday, which temporarily blocked Goldman from issuing new credit cards.
- 10/23/2024
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Apple and Goldman Sachs ordered to pay over $89 million for Apple card failures
- Apple and Goldman Sachs were fined more than $89 million for mishandling consumer disputes of Apple Card transactions, the Consumer Financial Protection Bureau said on Wednesday. The bureau also banned Goldman Sachs from launching new credit cards unless it can provide an adequate plan to comply with the law.
- 10/23/2024
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US watchdog agency orders Goldman Sachs, Apple to pay $89 million over consumer failures
- Corporate giants Goldman Sachs and Apple will pay $89 million for violations of consumer protection laws in their joint credit card business, the U.S. Consumer Financial Protection Bureau announced Wednesday.
- 10/23/2024
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Is Goldman (GS) a Buy as Wall Street Analysts Look Optimistic?
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 10/23/2024
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Here is What to Know Beyond Why The Goldman Sachs Group, Inc. (GS) is a Trending Stock
- Goldman (GS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 10/23/2024
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Report: CFPB Set to Fine Goldman Sachs $50 Million After Credit Card Probe
- The Consumer Financial Protection Bureau (CFPB) reportedly is set to order Goldman Sachs to pay more than $50 million in penalties related to its handling of fraud and refunds in its credit card business.
- 10/22/2024
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Michael D. Ratner, Founder and CEO of OBB Media, Named to Goldman Sachs Top 100 Most Exceptional Entrepreneurs for Second Consecutive Year
- LOS ANGELES--(BUSINESS WIRE)--Today, Goldman Sachs (NYSE: GS) is recognizing Michael D. Ratner, Founder and CEO of OBB Media, as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California Goldman Sachs selected Michael D. Ratner from multiple industries to be honored at the two-day event. Ratner is the Founder and CEO of OBB Media, a vertically integrated content studio defining how a new generation of viewers consumes programming. Ratner l.
- 10/22/2024
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Goldman forecasts slowing market returns
- Goldman Sachs forecasted declining equity returns from the S&P 500 (^GSPC) over the next decade, slowing to 3% compared to the 13% returns seen over this past ten years. Yahoo Finance senior markets reporter Josh Schafer explains Goldman Sachs' latest note, noting equity strategist Ben Snider's assurances that this isn't as bearish a call as it looks.
- 10/22/2024
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Intersect Power CEO and Founder Sheldon Kimber Honored by Goldman Sachs for Climate Entrepreneurship
- OAKLAND, Calif.--(BUSINESS WIRE)--Goldman Sachs recognized Sheldon Kimber, CEO and Founder of Intersect Power, as one of the Most Exceptional Entrepreneurs of 2024.
- 10/22/2024
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Goldman Sachs Faces CFPB Fine Over Credit-Card Business
- An enforcement action is expected as soon as this week pertaining to bank's Apple credit-card program
- 10/22/2024
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Remedy Place Honored by Goldman Sachs for Entrepreneurship
- LOS ANGELES--(BUSINESS WIRE)--Last week, Goldman Sachs (NYSE:GS) recognized Dr. Jonathan Leary, Founder and CEO of Remedy Place, as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California. Goldman Sachs selected Dr. Jonathan Leary from multiple industries to be honored at the two-day event. Dr. Jonathan Leary is the Founder and CEO of Remedy Place, the world's first Social Wellness Club®, with locations in New York and Los Angeles. Born.
- 10/22/2024
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Asset managers headed for increasingly lean years, study says
- Profitability at asset managers has slipped for the past two years and is likely to decline further through 2028 as investors increasingly opt for products with lower fees, such as exchange-traded funds (ETFs), according to a new study.
- 10/21/2024
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Big Banks Report
- We also kick off a series exploring Warren Buffett's Berkshire Hathaway.
- 10/21/2024
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Goldman Sachs: Raises the Bar for Banks After Crushing Q3 2024
- Investment bank The Goldman Sachs Group Inc. NYSE: GS reported another stellar performance in its third quarter of 2024. The firm continues to divest and shed consumer-centric assets, including its credit card partnerships, personal loan portfolios, and consumer lending products, to double down on its investment banking and wealth management.
- 10/21/2024
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Surprise! This Stock Has Beaten the S&P 500 in 2024. Is It Still a Buy?
- The S&P 500 has had a great run this year and is now up more than 23%.
- 10/19/2024
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Michael D. Ratner, Founder and CEO of OBB Media, Named Among the Top 100 Most Exceptional Entrepreneurs for Second Consecutive Year
- LOS ANGELES--(BUSINESS WIRE)--Today, Goldman Sachs (NYSE: GS) is recognizing Michael D. Ratner, Founder and CEO of OBB Media, as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California Goldman Sachs selected Michael D. Ratner from multiple industries to be honored at the two-day event. Ratner is the Founder and CEO of OBB Media, a vertically integrated content studio defining how a new generation of viewers consumes programming. Ratner l.
- 10/18/2024
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Michael D. Ratner, Founder and CEO Named Among the Top 100 Most Exceptional Entrepreneurs for Second Consecutive Year
- LOS ANGELES--(BUSINESS WIRE)--Today, Goldman Sachs (NYSE: GS) is recognizing Michael D. Ratner, Founder and CEO of OBB Media as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California Goldman Sachs selected Michael D. Ratner from multiple industries to be honored at the two-day event. Ratner is the Founder and CEO of OBB Media, a vertically integrated content studio defining how a new generation of viewers consumes programming. Ratner la.
- 10/18/2024
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Restaurant365 Honored by Goldman Sachs for Entrepreneurship
- CEO and Co-Founder Tony Smith Among the Most Exceptional Entrepreneurs at 2024 Builders and Innovators Summit IRVINE, Calif. , Oct. 18, 2024 /PRNewswire/ -- Today, Goldman Sachs (NYSE:GS) is recognizing Restaurant365 CEO and Co-Founder Tony Smith as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California.
- 10/18/2024
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Protect AI Honored by Goldman Sachs for Entrepreneurship
- SEATTLE--(BUSINESS WIRE)-- #AIsecurity--Under Ian's leadership with a team of executives from Amazon and Oracle, Protect AI has established itself as a pioneer in end-to-end security for AI.
- 10/17/2024
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5 Stocks That Led Dow ETF to New Heights
- The Dow Jones rallies to new highs on a solid start to third-quarter earnings. We have highlighted the five best stocks that led the ETF higher over the past week.
- 10/17/2024
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Kong CEO Augusto Marietti Honored by Goldman Sachs as 'Most Exceptional Entrepreneurs' 2024
- SAN FRANCISCO , Oct. 17, 2024 /PRNewswire/ -- Augusto Marietti, the CEO and co-founder of Kong Inc ., a leading developer of cloud API technologies, was recognized once again by Goldman Sachs (NYSE:GS) as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California.
- 10/17/2024
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Tekion Honored by Goldman Sachs for Third Consecutive Year
- PLEASANTON, Calif.--(BUSINESS WIRE)--Today, Goldman Sachs (NYSE:GS) is recognizing Jay Vijayan, Founder and CEO of Tekion, as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California. This is the third consecutive year Jay is receiving this honor. Goldman Sachs selected Jay from multiple industries to be honored at this prestigious two-day event. Tekion is revolutionizing the automotive retail sector with its innovative cloud-native platf.
- 10/16/2024
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Underdog Fantasy CEO and Founder Jeremy Levine Honored by Goldman Sachs for Entrepreneurship for Second Consecutive Year
- BROOKLYN, N.Y.--(BUSINESS WIRE)--Today, Goldman Sachs (NYSE:GS) is recognizing Jeremy Levine, CEO and Founder of Underdog Fantasy, one the fastest-growing sports gaming and media companies in the U.S., as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California. Goldman Sachs selected Levine from multiple industries to be honored at the two-day event. As CEO and Founder, Levine has led Underdog's rapid rise to one of the most impactful co.
- 10/16/2024
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Goldman Sachs' Q3 Report Impresses Analysts With Strong Investment Banking, Trading Revenues
- Goldman Sachs Group Inc GS reported on Tuesday upbeat earnings for its third quarter.
- 10/16/2024
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Innovaccer Honored by Goldman Sachs for Entrepreneurship
- SAN FRANCISCO--(BUSINESS WIRE)--Today, Goldman Sachs (NYSE: GS) is recognizing Abhinav Shashank, cofounder and CEO of Innovaccer, as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California. Goldman Sachs selected Abhinav as a leader from multiple industries to be honored at the two-day event. Abhinav is the driving force behind Innovaccer, a leading San Francisco-based healthcare AI company. His mission revolves around leveraging technol.
- 10/16/2024
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RecNation honored by Goldman Sachs for Entrepreneurship; Gary “WOJO” Wojtaszek Chief Camper Among the Most Exceptional Entrepreneurs at the 2024 Builders and Innovators Summit
- DALLAS--(BUSINESS WIRE)--Today, Goldman Sachs (NYSE:GS) recognized Gary Wojtaszek, Chief Camper & Founder, as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California. Goldman Sachs selected Gary Wojtaszek from a pool of candidates from multiple industries to be honored at the two-day event. Gary Wojtaszek is founder of RecNation, which is the largest specialized RV and Boat Storage owner and operator in the country with 66 locations.
- 10/16/2024
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Phenom Honored by Goldman Sachs for Entrepreneurship
- PHILADELPHIA--(BUSINESS WIRE)-- #HRTech--Phenom's Mahe Bayireddi Honored by Goldman Sachs for Entrepreneurship.
- 10/16/2024
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Time for Big Bank ETFs on Upbeat Earnings?
- A positive momentum has been noticed in the field of bank earnings. Related stocks and ETFs should gain in the near term.
- 10/16/2024
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OneRail Honored by Goldman Sachs for Entrepreneurship
- ORLANDO, Fla.--(BUSINESS WIRE)-- #bigandbulky--Today, Goldman Sachs (NYSE:GS) is recognizing OneRail Founder & CEO Bill Catania as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California. Goldman Sachs selected Catania from candidates across multiple industries to be honored at the two-day event. Catania is a start-up entrepreneur focused on developing and commercializing real-time technology networks. OneRail, a last mile omnichannel fulfillment s.
- 10/16/2024
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Things are looking up for Wall Street, and Goldman's third-quarter results show why
- Goldman Sachs reported a 45% surge in profits on Tuesday, fueling hope for a dealmaking rebound. The firm pointed to growth in core businesses like M&A advisory and stock and bond underwriting.
- 10/15/2024
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Three Big Takeaways From Bank Earnings
- What JPMorgan, Bank of America, Citi and Wells Fargo told us about consumers' finances.
- 10/15/2024
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As Consumer Banking Retreats, Goldman Eyes Deeper Dive Into Corporate Markets
- As is always the case when Wall Street heavy hitters weigh in with earnings, the markets and financial trade publications parse the data and management commentary for insight on investment banking. For Goldman Sachs, the latest earnings report on Tuesday (Oct.
- 10/15/2024
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Goldman Sachs Stock Hits Record High on Upbeat Earnings
- Goldman Sachs Group Inc (NYSE:GS) reported strong third-quarter results before the open this morning, with profits jumping 45% to earnings of $8.40 per share.
- 10/15/2024
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The Goldman Sachs Group, Inc. (GS) Q3 2024 Earnings Call Transcript
- The Goldman Sachs Group, Inc. (NYSE:GS ) Q3 2024 Results Conference Call October 15, 2024 9:30 AM ET Company Participants David Solomon - Chairman and Chief Executive Officer Denis Coleman - Chief Financial Officer Conference Call Participants Glenn Schorr - Evercore Ebrahim Poonawala - Bank of America Christian Bolu - Autonomous Research Mike Mayo - Wells Fargo Securities Betsy Graseck - Morgan Stanley Brennan Hawken - UBS Steven Chubak - Wolfe Research Devin Ryan - Citizens JMP Dan Fannon - Jefferies Gerard Cassidy - RBC Saul Martinez - HSBC Operator Good morning. My name is Katie and I will be your conference facilitator today.
- 10/15/2024
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Goldman Q3 Earnings Beat on Higher IB Revenues & Lower Expenses
- Strong IB revenues, along with lower expenses, support GS' Q3 earnings. However, a weak capital position and a rise in provisions remain a concern.
- 10/15/2024
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Goldman Sachs' Core Business Strength And Future EPS Growth Has Upside, Analyst Says After Q3 Performance
- J.P. Morgan analyst Kian Abouhossein expressed the view on Goldman Sachs Group Inc.‘s GS third quarter financial results.
- 10/15/2024
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Stock Of The Day: Goldman Sachs Blows Away Earnings, But Stock May Be Due For A Pullback
- There are numerous types of trading and investing strategies on Wall Street. Many utilize statistics and probability theory to gain insight and make decisions.
- 10/15/2024
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Goldman Sachs Earnings Reveal Market Moves Investors Can't Ignore
- Now that the new earnings season has kicked off, investors would benefit from watching—and breaking down—what the earnings for some of the country's biggest banks have to say about the rest of the economy and the stock market. The best way to gauge this is through the financial sector, as banking stocks release their latest earnings.
- 10/15/2024
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Crude Oil Tumbles 5%; Goldman Sachs Earnings Top Views
- U.S. stocks traded lower midway through trading, with the Dow Jones index falling around 150 points on Tuesday.
- 10/15/2024
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What BofA, Citi, and Goldman earnings signal for banks
- Bank of America (BAC), Citigroup (C), and Goldman Sachs (GS) reported earnings before Tuesday's opening bell. Results from big banks show a rise in profit from a year ago, supported by investment banking strength.
- 10/15/2024
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Goldman Sachs Stock Edges Higher as Results Surpass Estimates
- Goldman Sachs (GS) reported third-quarter earnings that were better than analysts expected Tuesday morning, continuing a stretch of strong big bank earnings kicked off last week by rivals JPMorgan Chase (JPM) and Wells Fargo (WFC).
- 10/15/2024
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Goldman Sachs profits surge as dealmaking rebounds on Wall Street
- Goldman Sachs reported a 45% surge in quarterly profits on Tuesday, boosted by a rebound in dealmaking that beat analysts' expectations.
- 10/15/2024
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Goldman Sachs (GS) Beats Q3 Earnings and Revenue Estimates
- Goldman Sachs (GS) came out with quarterly earnings of $8.40 per share, beating the Zacks Consensus Estimate of $6.85 per share. This compares to earnings of $5.47 per share a year ago.
- 10/15/2024
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Goldman Sachs smashes earnings forecasts as investment banking fees surge
- Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) shares jumped 3.5% in premarket trading after it beat expectations for third-quarter earnings, helped by a rebound in dealmaking. The Wall Street bank reported third-quarter earnings to $8.40 per share a 53% jump on a year ago and smashing the $6.89 consensus estimate.
- 10/15/2024
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Goldman Sachs beats on profit and revenue as trading and investment banking boost results
- CNBC's Leslie Picker reports on the company's quarterly earnings results.
- 10/15/2024
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Goldman Sachs Stock Rises as Results Surpass Estimates
- Goldman Sachs (GS) reported third-quarter earnings that were better than analysts expected Tuesday morning, continuing a stretch of strong big bank earnings kicked off last week by rivals JPMorgan Chase (JPM) and Wells Fargo (WFC).
- 10/15/2024
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Goldman Sachs' Wall Street Businesses Gain Steam, Sending Profit Up 45%
- The bank posted strong growth in investment banking and asset and wealth management.
- 10/15/2024
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Goldman Sachs 3Q Profit Soars on Equity Traders, Dealmakers
- Goldman Sachs saw third-quarter profit surge 45% as the firm's stock traders recorded their best quarter in more than three years and dealmakers pocketed fees that exceeded estimates across every key business line. Jonathan Ferro and Lisa Abramowicz examine the numbers on Bloomberg Television.
- 10/15/2024
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S&P 500 set for another high as Goldman and BofA earnings impress, oil prices drop
- Wall Street stock markets are set for a mixed start on Tuesday, though bank sector earnings continue to come in better than expected. S&P 500 futures suggest there could be a slight increase on the record high reached at the start of the week, while Dow Jones futures are pointing to a 0.1% gain and Nasdaq futures to a 0.1% drop.
- 10/15/2024
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Goldman Sachs, Citigroup, and Bank of America: The Key to New Market Highs?
- In recent days, U.S. markets have shown notable strength, driven by a mix of solid earnings reports and positive economic data.
- 10/15/2024
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Goldman Sachs to report third-quarter earnings
- Goldman Sachs is scheduled to report third-quarter earnings before the opening bell Tuesday. Wall Street expects earnings per share of $6.89 and revenue of $11.8 billion, according to LSEG.
- 10/15/2024
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What to expect from bank earnings: BofA, Citi, Goldman
- HSBC head of US financials research Saul Martinez sits down with Julie Hyman and Josh Lipton on Market Domination to discuss what investors can expect from Big Bank earnings, with Citi (C), Bank of America(BAC), Goldman Sachs (GS), and Morgan Stanley (MS) set to report this week. “With all these banks, the question is: Do we see a trough in net interest income in the second half or in early 2025?
- 10/14/2024
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Big Bank Earnings on Deck: Here's What to Watch
- Betsy Graseck, Morgan Stanley's global head of banks and diversified finance research, previews the earnings reports from Goldman Sachs, Bank of America and Citigroup. She speaks on "Bloomberg The Close.
- 10/14/2024
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How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q3 Earnings
- As Goldman Sachs Group, Inc. GS prepares to release earnings results for its third quarter before the opening bell on Tuesday, Oct. 15, observers should take note of the firm's annual dividend yield of 2.32%.
- 10/14/2024
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Goldman Sachs, Netflix, United Airlines, TSMC, and More Stocks to Watch This Week
- Third-quarter earnings reports from Bank of America, Citigroup, Goldman Sachs, Johnson & Johnson, United Airlines, Morgan Stanley, Netflix, and American Express.
- 10/13/2024
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4 BofA Securities US 1 List Top Picks for October Pay Big Passive Income Dividends
- 24/7 Wall St. Insights Dividend stocks will stay popular as interest rates drop.
- 10/12/2024
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Three Buys and a Bail: Goldman Sachs, Caterpillar, D.R. Horton, and Best Buy
- Gina Sanchez, Lido Advisors chief market strategist, joins CNBC's 'The Exchange' to discuss these stocks: Goldman Sachs, Caterpillar, D.R. Horton, Best Buy.
- 10/11/2024
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Big US banks say consumers are still strong, despite economy fears
- U.S. consumers remain resilient with solid spending in the third quarter, two of the country's biggest lenders said on Friday, although there are signs higher inflation has stretched some Americans on lower incomes.
- 10/11/2024
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Goldman Sachs (GS) Could Be a Great Choice
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 10/11/2024
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Schwab, Goldman Report Next Week: Goldman Is Overvalued And Needs To Correct
- Tuesday morning, October 15th, per Briefing.com, Charles Schwab, Goldman Sachs, Bank of America, and Citigroup will report their Q3 '24 results. When Schwab reports their Q3 '24 financial on Tuesday morning, the Street is expecting EPS of $0.75, operating income of $2.1 billion and net revenue of $4.77 billion. When Goldman reports their 3rd quarter '24 financial results on Tuesday morning, consensus is expecting $7.03 in EPS on $11.78 bl in net revenue for expected y-o-y growth of 29% and 0%, respectively.
- 10/10/2024
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Easing cycle should be more favorable for banks going forward, says BofA's Ohsung Kwon
- Steve Sosnick, Interactive Brokers chief strategist, and Ohsung Kwon, BofA Securities, talks the day's market action and upcoming bank earnings.
- 10/10/2024
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Countdown to Goldman (GS) Q3 Earnings: Wall Street Forecasts for Key Metrics
- Beyond analysts' top -and-bottom-line estimates for Goldman (GS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
- 10/10/2024
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Goldman Sachs (GS) Rises Higher Than Market: Key Facts
- Goldman Sachs (GS) reachead $505.18 at the closing of the latest trading day, reflecting a +1.73% change compared to its last close.
- 10/09/2024
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How to Play Goldman Sachs Stock Ahead of Its Q3 Earnings Release?
- GS is slated to report Q3 earnings next week. Here, we discuss the factors influencing its performance and how investors should play this stock.
- 10/09/2024
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Earnings Preview: Goldman Sachs Stock
- Goldman Sachs (GS) is among the bank names set to announce quarterly results to start the fourth quarter, set for release before the open on Tuesday, Oct. 15. The bank stock has a positive post-earnings history, with five of its last eight next-day sessions higher.
- 10/09/2024
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What to watch for when banks report Q3
- Thomas Michaud, KBW president and CEO, joins 'Money Movers' to discuss what to watch for in Q3 bank earnings, how the Fed's path for rate cuts could impact the markets, and more.
- 10/09/2024
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What to Expect from Q3 Bank Earnings Starting This Week
- U.S. banks are expected to see lower earnings in their third-quarter financial reports due to the ongoing impact of higher deposit costs.
- 10/08/2024
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Goldman Sachs (GS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- Goldman (GS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/08/2024
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Higher for longer will be tougher on banks, says UBS' Erika Najarian
- Erika Najarian, UBS large cap banks analyst, joins 'Squawk on the Street' to discuss what bank investors want from interest rates, if the bank outlooks stand, and much more.
- 10/07/2024
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Wall Street Awaits Key Inflation Data
- U.S. stock futures are trading in negative territory to start the second week of October. This month generally remains volatile.
- 10/07/2024
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BrightNight Closes $440 Million Strategic Investment from Goldman Sachs Alternatives, Upsizes Corporate Credit Facility to $400 Million
- Strategic investment from Goldman Sachs Alternatives and additional credit facility commitments fortify BrightNight's standing as a leading U.S. renewable power platform. NEW YORK , Oct. 7, 2024 /PRNewswire/ -- BrightNight, the next-generation renewable power producer built to deliver clean and dispatchable power solutions, today announced the successful closing of a $440 million strategic equity investment from Goldman Sachs Alternatives.
- 10/07/2024
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Goldman Sachs: Growth Signs In Key Segments Drive Confidence (Rating Upgrade)
- Goldman Sachs gets upgraded to Buy after indicators show growth potential for investment banking, asset management, and trading segments. The firm is #2 in market share among global investment banks and listed as a global systemically critical bank. With low expense growth, the firm has a track record of growing and sustaining dividends, and maintaining high regulatory capital ratios.
- 10/06/2024
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Buy 2 October Dogs Of The Dow And Watch 5 More
- "The Dow® [adds a stock] if the company has an excellent reputation,
- 10/05/2024
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S&P 500 Earnings: Financials Face A Tough Compare With Q3 2023
- Next week, Q3 '24 earnings start and the majority of the interest on the part of investors will be Friday, October 11th's financial services earnings. For the sector as a whole, financial services is presently looking for just +1.8% EPS growth in Q3 '24. Surprising to me was that the financial sector was expecting just +4.8% EPS growth in Q1 '24, and the actual was more than double that amount at +13.1%.
- 10/04/2024
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Loan demand will increase as banks gain confidence the economy is expanding: RBC's Gerard Cassidy
- Gerard Cassidy, co-head of global financials research at RBC Capital Markets, joins CNBC's 'Money Movers' to discuss his read on the jobs report, when loan demand will start to increase, and more.
- 10/04/2024
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Goldman Sachs (GS) Sees a More Significant Dip Than Broader Market: Some Facts to Know
- In the most recent trading session, Goldman Sachs (GS) closed at $486.10, indicating a -1.2% shift from the previous trading day.
- 10/03/2024
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OpenAI establishes $4 bln credit facility
- OpenAI said on Thursday it has established a new $4 billion credit facility with JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Santander, Wells Fargo, SMBC, UBS, and HSBC, in addition to the $6.6 billion investment the AI startup unveiled on Wednesday.
- 10/03/2024
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OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity
- On top of OpenAI's long-awaited funding round that closed yesterday, the company has also put a $4 billion revolving credit line in place — bringing its total liquidity to more than $10 billion. JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Santander, Wells Fargo, SMBC, UBS, and HSBC all participated.
- 10/03/2024
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Dividend Stocks With Strong Q4 Seasonality
- Entering October is the strongest period of the year for three-month returns, and shorter-term returns are also some of the best. Here we take a look at 30 dividend stocks in the S&P 500 that have been the best Q4 performers over the last ten years. 2024 has been a strong year already for high-yielding stocks, and now they have Q4 seasonality as another tailwind.
- 10/02/2024
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Goldman Sachs (GS) Sees a More Significant Dip Than Broader Market: Some Facts to Know
- In the closing of the recent trading day, Goldman Sachs (GS) stood at $490.17, denoting a -1% change from the preceding trading day.
- 10/01/2024
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Is Trending Stock The Goldman Sachs Group, Inc. (GS) a Buy Now?
- Goldman (GS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 10/01/2024
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Ishiba's win seen as a 'positive development' for Japan's banking sector: Goldman Sachs analyst
- Makoto Kuroda, Japan financials analyst at Goldman Sachs, says incoming Japanese Prime Minister Shigeru Ishiba is seen as the "continuity candidate who is less inclined to interfere with the independence of the [Bank of Japan]."
- 10/01/2024
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Wells Fargo, Citigroup, Goldman Sachs Poised For Gains Amid Fed Rate Cuts - Morgan Stanley
- Earlier this month, the Federal Reserve slashed interest rates by 50 basis points at its September Federal Open Market Committee meeting, lowering the federal funds rate in the range of 4.75%-5%.
- 09/30/2024
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Here's Why Goldman Sachs (GS) Fell More Than Broader Market
- In the most recent trading session, Goldman Sachs (GS) closed at $491.14, indicating a -1.38% shift from the previous trading day.
- 09/25/2024
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Are You Looking for a High-Growth Dividend Stock?
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 09/25/2024
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Watch CNBC's full interview with Goldman Sachs CFO Denis Coleman
- Denis Coleman, chief financial officer at Goldman Sachs, speaks to CNBC's Annette Weisbach.
- 09/24/2024
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German firms facing softer environment, Goldman Sachs Europe CEO says
- Goldman Sachs Europe CEO Wolfgang Fink says German firms have a strong base despite challenges facing the country's economy.
- 09/24/2024
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Rate Cut Shockwaves: Which Bank Stocks Will Rise or Fall?
- When interest rate-cutting cycles hit the stock market, investors typically assume that they will positively affect most stocks, but that's just not the case. Some could benefit, such as consumer discretionary names and others in the energy sector, considering that consumer and business activity tends to rise after cuts.
- 09/24/2024
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Goldman Sachs (GS) Stock Declines While Market Improves: Some Information for Investors
- The latest trading day saw Goldman Sachs (GS) settling at $497.41, representing a -0.2% change from its previous close.
- 09/23/2024
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Our Top 10 Dividend Growth Stocks - September 2024
- This article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. The article provides criteria for selecting high-growth dividend stocks. It offers a step-by-step guide on structuring a portfolio based on this strategy.
- 09/21/2024
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Goldman Sachs (GS) Exceeds Market Returns: Some Facts to Consider
- Goldman Sachs (GS) reachead $485.39 at the closing of the latest trading day, reflecting a +0.05% change compared to its last close.
- 09/17/2024
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The Goldman Sachs Group, Inc. (GS) is Attracting Investor Attention: Here is What You Should Know
- Goldman (GS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 09/17/2024
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Volatility Ahead? September Seasonality, FOMC, Triple-Witching Loom
- Following a solid week of stock gains, investors should brace for some potential near-term turbulence as poor seasonality, the interest rate decision, and triple-witching loom.
- 09/16/2024
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Goldman Sachs CEO downplays firm's report on Harris' economic plan
- Goldman Sachs CEO David Solomon said the firm's report that Vice President Harris touted showed just two-tenths of 1% difference in growth between her plan and Trump's.
- 09/12/2024
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Goldman Sachs Stock Could Stage a Bounce
- Goldman Sachs Group Inc (NYSE:GS) stock is inching higher today, up 0.3% to trade at $472.51 at last glance and extending last session's bounce after the sector was hit hard on Tuesday.
- 09/12/2024
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3 Reasons to Keep Goldman in Your Radar Beyond a 24.5% YTD Rise
- GS' efforts to refocus on investment banking and capital markets business position it for long-term growth.
- 09/12/2024
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Largest U.S. banks will catch a break from Fed's capital rule changes, KBW says
- The U.S.'s largest banks will benefit in a myriad of ways from the U.S. Federal Reserve's upcoming changes to its capital requirement proposals to bulk up balance sheets for potential systemic problems, KBW analysts David Konrad and Scott McGratty say.
- 09/12/2024
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Banking Stocks Slide: Where to Invest Instead
- After the most recent 13-F filings were released, investors realized that Warren Buffett had sold out of his Bank of America Co. NYSE: BAC position. This added to the bullish capitulation trend surrounding the financial sector based on underlying weakness.
- 09/12/2024
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Goldman Sachs CEO Says Exit From Credit Partnership No ‘Messier' Than Expected
- Goldman Sachs CEO David Solomon reportedly said Wednesday (Sept. 11) that the bank's exit from its credit partnership with General Motors is no “messier” than it expected.
- 09/11/2024
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Goldman Sachs (GS) Advances But Underperforms Market: Key Facts
- In the most recent trading session, Goldman Sachs (GS) closed at $471.03, indicating a +0.83% shift from the previous trading day.
- 09/11/2024
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Affirm CEO talks growth and expansion plans at Goldman Sachs Communacopia Conference
- CNBC's Kate Rooney sits down with Affirm CEO Max Levchin to talk growth, expansion plans, the political landscape and more.
- 09/11/2024
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Cloud computing environment remains 'very healthy', says Goldman Sachs' Eric Sheridan
- Eric Sheridan, Goldman Sachs managing director, joins 'Closing Bell Overtime' to tech's market comeback.
- 09/11/2024
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We're still in the early innings of AI, says Goldman Sachs' George Lee
- George Lee, Goldman Sachs Global Institute co-head, joins 'Closing Bell to discuss how he's rethinking AI, the impact of the technology on markets and mega cap CapEx.
- 09/11/2024
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There's opportunity in the pullback from Goldman Sachs, says Odyssey's Jason Snipe
- New York Life Investments' Lauren Goodwin and Odyssey's Jason Snipe, join 'Closing Bell' to discuss Goldman Sachs moving away from the consumer business, the Fed's next moves and their market outlook.
- 09/11/2024
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Rep. Goldman: Ukraine War is a Critical Issue
- New York Congressman Dan. Goldman reacts to the Presidential debate, including Trump's claims about the war in Ukraine, and talks the country coming together to honor the anniversary of 9/11.
- 09/11/2024
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3-Stock Lunch: Goldman Sachs, Nvidia & Toll Brothers
- David Trainer, New Constructs CEO, joins 'Power Lunch' to discuss stock plays for three stocks.
- 09/11/2024
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Goldman Sachs CEO: A soft landing is 'the most likely scenario'
- Goldman Sachs CEO David Solomon joins CNBC's ‘Halftime Report' to discuss the latest market trends as financials head for their worst day since August 5, his outlook on the overall economy, and more.
- 09/11/2024
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Goldman CEO firm dismisses notion GM credit card exit is messy
- Goldman Sachs CEO David Solomon on Wednesday dismissed the notion that the bank's early exit from its credit card partnership with General Motors was messy, saying the firm had anticipated the problems.
- 09/11/2024
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Goldman Sachs CEO on Basel III: 'I'd still say we're in the middle of the process'
- Goldman Sachs CEO David Solomon joins CNBC's ‘Halftime Report' to discuss the latest market trends as financials head for their worst day since August 5, his outlook on the overall economy, and more.
- 09/11/2024
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Final Trades: Trade Desk, Broadcom, Applovin and Goldman Sachs
- The Investment Committee give you their top stocks to watch for the second half.
- 09/11/2024
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Goldman Sachs CEO David Solomon says the economy is in pretty good shape
- Goldman Sachs CEO David Solomon joins CNBC's 'Halftime Report' to discuss the latest market trends as financials head for their worst day since August 5, his outlook on the overall economy, and more.
- 09/11/2024
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Goldman Near Selling GM Credit Card Business: Will It Benefit GS?
- GS nears closing a deal to sell GM Credit Card Business to Barclays. This move is a part of the company's efforts to refocus on IB and the trading business.
- 09/11/2024
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Morgan Stanley Drops. Why Goldman Sachs Downgraded the Stock.
- Morgan Stanley shares were falling Wednesday after a downgrade from Buy to Neutral by a Goldman Sachs analyst.
- 09/11/2024
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Cassidy: Issues cropping up at Goldman Sachs and JPMorgan are a bump in the road
- RBC's Gerard Cassidy discusses the health of the banking sector, following warnings from Goldman Sachs and JPMorgan this week about weakness in some parts of their businesses.
- 09/11/2024
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Goldman Sachs appoints three co-heads of Asia M&A to bolster regional presence
- Goldman Sachs has appointed Raghav Maliah, Yoshihiko Yano and Ed Wittig as co-heads of mergers and acquisitions in Asia Pacific to expand and deepen deals coverage in the region, according to an internal memo on Tuesday seen by Reuters.
- 09/11/2024
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Adviser talks bank stocks, says JPMorgan is 'a steal'
- US stocks (^DJI,^GSPC, ^IXIC) are mixed in Tuesday's trading session as investors prepare for a rocky month ahead. Fundstrat Global Advisors managing director and global head of technical strategy Mark Newton joins Market Domination to discuss market trends and how investors should prepare for the year-end.
- 09/10/2024
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Report: Goldman Sachs to Sell GM Credit Card Business to Barclays
- Goldman Sachs and Barclays reportedly have reached a deal on Goldman's $2 billion portfolio of loans made to General Motors customers. The deal is set to see Goldman Sachs sell the portfolio of loans to Barclays at a discount to the value of the outstanding balances, Bloomberg reported Tuesday (Sept.
- 09/10/2024
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Goldman Sachs chief economist: 25 bps Fed cut likely
- Wall Street is confident that the Federal Reserve will initiate an interest rate cut at its September meeting, but many are split on the exact amount of the cut. Yahoo Finance Executive Editor Brian Sozzi sits down with Goldman Sachs chief economist Jan Hatzius at the Goldman Sachs Communicopia and Tech Conference to discuss the state of the economy and the Fed's next moves.
- 09/10/2024
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Why JPMorgan and Other Bank Stocks Tumbled Tuesday
- Bank stocks slumped on Tuesday as a torrent of unsettling business updates pouring out of an industry conference overshadowed a major regulatory win for the industry.
- 09/10/2024
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Goldman Sachs nearing a deal to transfer GM credit card business to Barclays, source says
- Goldman Sachs is close to finalizing a deal to transfer its General Motors credit card business to Barclays , a source familiar with the matter said on Tuesday.
- 09/10/2024
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"Perfect Storm" Caused by Capital Requirement Increase for Big Banks
- Regulators agreed on a 9% increase for capital requirements that will be imposed on the biggest banks in the United States. The news sent shares falling not just for major institutions, but for medium-sized banks as well.
- 09/10/2024
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Report: Goldman Sachs Struggles as It Tries to Exit GM Card
- Goldman Sachs this week reported losses related to its Main Street lending business. The banking giant has been pulling away from the credit card lending space, a departure that a Tuesday (Sept.
- 09/10/2024
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Goldman Q3 Trading Revenue View Weak Amid Slow Fixed-Income Markets
- GS' third-quarter trading revenues are likely to decline 10% due to a sluggish macro environment.
- 09/10/2024
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Barr's new capital requirements for banks is 'a bit more' than expected, says Wells Fargo's Mayo
- Mike Mayo, Wells Fargo Securities senior banking analyst, joins CNBC's to discuss why bank stocks are down on the news of the Fed's Barr recommending 9% increase in capital buffers for the largest banks, the resiliency of the banking system, and more.
- 09/10/2024
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Goldman Sachs stock drops 4% as CEO David Solomon warns of weak trading
- The price of a share in the bank fell by just over $19 the day after its chief executive spoke to an investor conference in New York.
- 09/10/2024
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Goldman Sachs CEO says bond and currency trading is down 10% in the current quarter from a year ago
- JPMorgan stock also falls on drop in activity in the current quarter, mostly due to weak bond trading.
- 09/10/2024
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Nvidia CEO Jensen Huang to speak at the Goldman Sachs conference
- CNBC's Joe Kernen reports on news from Nvidia.
- 09/10/2024
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Goldman CEO Solomon Expects Trading Revenue Drop in Third Quarter
- Solomon blamed the decline on a challenging macroeconomic backdrop, especially during August.
- 09/09/2024
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Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business
- Goldman Sachs will post a roughly $400 million pretax hit to third-quarter results as the bank continues to unwind its ill-fated consumer business. CEO David Solomon said Monday at a conference that by unloading Goldman's GM Card business, as well as a separate portfolio of loans, the bank would post a hit to revenues next month.
- 09/09/2024
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Goldman Sachs CEO says trading revenue is heading for a 10% slide in 3Q
- Goldman Sachs' trading revenue will probably slip 10% in the third quarter because of sluggish conditions last month, its CEO David Solomon said on Monday.
- 09/09/2024
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Why Goldman Sachs (GS) is a Great Dividend Stock Right Now
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 09/09/2024
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Goldman Sachs Recommends These 3 Growth Stocks As Strong Buys in September
- Among the Wall Street firms investors often pay closest attention to, Goldman Sachs (NYSE:GS) has to be atop the list.
- 09/09/2024
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Brokers Suggest Investing in Goldman (GS): Read This Before Placing a Bet
- The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
- 09/06/2024
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Goldman Sachs (GS) Declines More Than Market: Some Information for Investors
- In the closing of the recent trading day, Goldman Sachs (GS) stood at $487.88, denoting a -0.56% change from the preceding trading day.
- 09/05/2024
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Goldman Sachs (GS) Advances While Market Declines: Some Information for Investors
- In the most recent trading session, Goldman Sachs (GS) closed at $490.64, indicating a +0.65% shift from the previous trading day.
- 09/04/2024
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The Goldman Sachs Group, Inc. (GS) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to Goldman (GS). This makes it worthwhile to examine what the stock has in store.
- 09/04/2024
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Goldman Sachs stock is thriving ahead of a $3 trillion tailwind
- Goldman Sachs (GS) stock price has been a top-performer in the past few decades. After bottoming at $35.31 at the height of the Global Financial Crisis (GFC), the stock has soared to almost $520, a 1,375% increase.
- 09/03/2024
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Goldman Sachs: we expect Bank of Korea to cut rate in October to adjust to disinflation
- Goohoon Kwon Senior from Goldman Sachs talks through the various factors impacting the Bank of Korea's next rate decision.
- 09/02/2024
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Goldman Stock Up on Its Plans to Reduce Workforce Under SRA Strategy
- GS plans to lay off more than 1,300 employees under its annual performance review, yet expects to have a larger workforce in 2024 compared with the 2023 level.
- 09/02/2024
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After more than a decade of underperformance it's time to ‘Buy British' says Goldman Sachs
- Big yield and low valuations make British stocks attractive says Goldman Sachs
- 09/02/2024
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HEDGEFLOW Hedge funds bet against banks, insurance and property, says Goldman Sachs
- Hedge funds continued to take bets against bank and financial stocks in the week to Friday, Goldman Sachs wrote in a note seen by Reuters on Monday, amid reported job cuts and reduced dealmaking.
- 09/02/2024
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Goldman Sachs says India's central bank could start easing interest rates in December
- Santanu Sengupta of the investment bank says the Reserve Bank of India could "tone down the hawkish guidance" in its October meeting if food inflation eases.
- 09/02/2024
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Goldman Sachs Begins Layoffs as Part of Annual Review Process
- Goldman Sachs reportedly plans to lay off between 3% and 4% of its workforce — amounting to about 1,300 to 1,800 people — as part of its annual review process.
- 08/30/2024
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Goldman Sachs set to fire more than 1,300 employees, WSJ reports
- The Goldman Sachs CEO will slash more than 1,300 jobs as part of the bank's ongoing review to cull poor performers, the Wall Street Journal reported.
- 08/30/2024
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Will Goldman Stock Benefit as Fed Lowers Its SCB Requirement?
- GS' SCB level is reduced to 6.2% from the 6.4% suggested initially following the June stress test.
- 08/29/2024
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Goldman Sachs Trims Oil View: What's Next for Energy Stocks?
- Despite Goldman Sachs' downward revision to the oil price forecast, the space still looks good for investment. We recommend buying stocks like SM, FTI and TUWOY.
- 08/28/2024
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Nvidia market cap set for $300 billion surge, predicts Wall Street
- As investors worldwide are waiting for the new quarterly earnings report from the technology behemoth Nvidia (NASDAQ: NVDA), analysts from Goldman Sachs (NYSE: GS) believe the report could trigger a $300 billion swing in its market value – in either direction.
- 08/28/2024
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Goldman Sachs (GS) Stock Slides as Market Rises: Facts to Know Before You Trade
- Goldman Sachs (GS) reachead $507.26 at the closing of the latest trading day, reflecting a -0.12% change compared to its last close.
- 08/27/2024
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Goldman Sachs, HSBC & Others to Pay $20M Over Metal Trading Probe
- Goldman, HSBC, BASF and ICBC Standard Bank agreed to pay $20 million to settle the long-standing platinum price-fixing antitrust lawsuit.
- 08/27/2024
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6 Stocks That Look Like Buys for a Soft Landing
- Albemarle, Hasbro, Citigroup, Goldman Sachs, Dow Inc., and Albemarle are stocks 22V Research sees as benefiting from falling rates, and a strengthening economy.
- 08/26/2024
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Is Goldman Sachs One of the Top Bank Stocks to Buy Now?
- There's a solid case to be made for Goldman Sachs despite a few past missteps by the investment banking giant.
- 08/26/2024
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Goldman (GS) Stock Soars 60.2% in a Year: What Should Investors Do?
- Shares of The Goldman Sachs Group, Inc. GS — a well-known global investment bank — have witnessed a remarkable run on the bourses, with its stock skyrocketing 60.2% in a year. This meteoric rise has outpaced the S&P 500 and also left its peers — JPMorgan & Chase JPM and Morgan Stanley MS — behind.
- 08/23/2024
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14 Upcoming Dividend Increases Including 2 Kings
- Fourteen upcoming dividend increases, including two Dividend Kings: Nordson Corp with a 14.7% increase and Dover Corp with a 1% increase. New challengers Cactus Inc. and Murphy USA join the list with 5-year dividend growth streaks. People's Financial Services Corp offers a significant 50% dividend increase.
- 08/22/2024
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Goldman Sachs Loves These Stocks Regardless of the Economy
- The July Consumer Price Index (CPI) appears to progress towards the Federal Reserve's 2% inflation target rate.
- 08/22/2024
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Breaking Down 1 of Wall Street's Biggest Bitcoin Buys: A Warning or a Signal to Join the Cryptocurrency Revolution?
- Goldman Sachs' significant investment in Bitcoin ETFs marks a pivotal shift. Institutions are coming to realize Bitcoin's long-term potential.
- 08/22/2024
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Notification of major holding in Kindred Group plc
- VALLETTA, Malta , Aug. 22, 2024 /PRNewswire/ -- Kindred Group plc (Kindred) hereby announces that it, on 21 August 2024, has received a notification of major holding from The Goldman Sachs Group, Inc., a company with its registered office in Wilmington, USA. The notification refers to a decrease in the number of shares and voting rights in Kindred held by The Goldman Sachs Group.
- 08/22/2024
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Why Goldman Sachs (GS) is a Top Dividend Stock for Your Portfolio
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 08/21/2024
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8 Stocks to Buy for a Trump Landslide—and What to Buy If He Loses
- Wolfe Reserach created a basket of companies that would benefit from a Republican sweep, and one of shares that would fall in that scenario.
- 08/21/2024
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Investors Heavily Search The Goldman Sachs Group, Inc. (GS): Here is What You Need to Know
- Goldman (GS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 08/21/2024
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Buy Broadcom, DraftKings, Wix, Goldman Sachs stocks: Oppenheimer
- Analysts at Oppenheimer, the investment company with over $126 billion in assets under management (AUM), have identified a few companies they believe will do well for the next twelve months. Some of the most notable names in the list are Broadcom, DraftKings, Wix.com, and Goldman Sachs.
- 08/20/2024
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Monster insider trading alert for Goldman Sachs (GS) stock
- As politicians in the United States continue to attract attention over their stock trading habits, which their critics believe might entail unfair advantage, the history of one Congressman's sales of Goldman Sachs (NYSE: GS) stock, in particular, has come into the limelight.
- 08/20/2024
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Goldman hires investment banker Beitzel from Citi to drive FIG dealmaking
- Goldman Sachs has hired veteran investment banker Matt Beitzel, who used to lead Citigroup's coverage of North American banks, as a partner in its financial institutions group, according to a memo seen by Reuters.
- 08/19/2024
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Goldman Sachs Lowers Probability of US Recession
- Goldman Sachs (GS) has lowered the chances of the U.S. falling into a recession in the next 12 months to 20% from 25%, following reassuring data on the retail sales and jobless claims.
- 08/19/2024
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2 Goldman Sach stocks to turn $100 to $1000 by 2025
- Banking giant Goldman Sachs (NYSE: GS) has identified several stocks likely to witness an upside in the future based on their key fundamentals.
- 08/19/2024
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Our Top 10 Dividend Growth Stocks - August 2024
- This article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. The article provides criteria for selecting high-growth dividend stocks. It offers a step-by-step guide on structuring a portfolio based on this strategy.
- 08/18/2024
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3 Must-Buy Stocks for the Month of August
- This week, the stock market is experiencing a major bounce as investors shake off rising uncertainties. While this bounce has been noteworthy, it is not very likely to last.
- 08/15/2024
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Why Is Goldman (GS) Down 2.2% Since Last Earnings Report?
- Goldman (GS) reported earnings 30 days ago. What's next for the stock?
- 08/14/2024
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Goldman Sachs leaves climate alliance amid political pressure
- Goldman Sachs Group Inc (NYSE:GS, ETR:GOS)' asset management division is the latest US firm to exit investor engagement group Climate Action 100+ amid broader political backlash against climate-focused coalitions. Republican lawmakers have argued these groups may violate antitrust laws by encouraging companies to reduce their emissions.
- 08/13/2024
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Goldman Sachs (GS) Up 24.2% YTD: What are the Reasons?
- Goldman Sachs (GS) is refocusing on its core strengths of IB and trading operations. Its strong balance sheet position will aid financials in the upcoming period.
- 08/08/2024
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China will have nearly twice the pets than young children by 2030, Goldman Sachs says
- China's urban pet population is set to hit over 70 million by the end of the decade, while the number of children under the age of four will dwindle to less than 40 million, a Goldman Sachs report showed. In 2017, the situation was just the opposite — there were 90 million children aged under four, compared to the urban pet population of around 40 million.
- 08/07/2024
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Goldman's David Solomon predicts Fed won't make emergency rate cuts
- “The economy will chug along and we probably won't see a recession,” he said.
- 08/07/2024
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Here is What to Know Beyond Why The Goldman Sachs Group, Inc. (GS) is a Trending Stock
- Goldman (GS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 08/07/2024
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Bank of America: Buffett's Selling Activity Could Be a Bad Sign
- Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway (BRK.A, Financial) (BRK.B, Financial) sold about 34 million shares of Bank of America Corp. (BAC, Financial) between July 17 and July 19, 19 million shares between July 22 and 24 and another 18.40 million shares between July 30 and Aug. 1, according to recent Form 4 filings.
- 08/07/2024
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Very Bad News For BDCs
- The BDC sector is now in a correction. It also faces numerous significant headwinds. We share our outlook on and approach to the sector moving forward.
- 08/06/2024
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Investment Banking Surged in the First Half of 2024: 3 Stocks to Buy Hand Over Fist Today
- Investment banking activity fell off in the last few years due to rising interest rates and market volatility. But debt and equity underwriting have bounced back significantly in the first half of the year.
- 08/06/2024
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Boeing Poised for Free Cash Flow Surge Post-2024, Optimism Fueled by Production and New CEO: Goldman Sachs
- The Boeing Company BA shares are trading lower today. The National Transportation Safety Board disclosed that executives from Boeing and Spirit AeroSystems Holdings, Inc. SPR will testify at a hearing scheduled for Aug. 6-7 in Washington regarding the in-flight blowout on a Boeing 737-9 MAX in January.
- 08/05/2024
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U.S. Bank Stocks Fell Amid Concern of Economic Slowdown
- Shares of Citigroup (C), JPMorgan (JPM), Bank of America (BAC), Wells Fargo (WFC), Goldman Sachs (GS) and other U.S. banks tumbled after a weak July jobs report.
- 08/05/2024
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Goldman Sachs (GS) is a Top Dividend Stock Right Now: Should You Buy?
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 08/05/2024
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US banks tumble as weak economic data sparks recession fears
- U.S. bank stocks slumped on Monday as fears of a recession sent investors fleeing from a sector closely tied to the health of the economy and toward safe-haven assets.
- 08/05/2024
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Goldman Sachs economists raise ‘limited' risk of US recession to 25% chance: report
- Economists at Goldman Sachs raised the likelihood of the U.S. economy slipping into a recession within the next 12 months from 15% to 25%.
- 08/04/2024
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Goldman Sachs Alternatives Makes $440 Million Strategic Investment in BrightNight to Fund Continued Growth
- Strategic investment from Goldman Sachs Alternatives fortifies BrightNight's standing as a leading U.S. renewable power platform WEST PALM BEACH, Fla., Aug. 1, 2024 /PRNewswire/ -- BrightNight (the "Company"), a leading renewable power company designed to provide utility and commercial and industrial customers with clean, dispatchable renewable power solutions, announced today a $440 million strategic investment from the Infrastructure business at Goldman Sachs Alternatives.
- 08/01/2024
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Virtú Investments Acquires Iconic Skyglass Tower in Downtown Seattle
- LARKSPUR, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Virtú Investments (“Virtú”), a multifamily real estate investment firm primarily engaged in the acquisition and management of apartments in the western United States, today announced it has acquired Skyglass Tower, a brand-new Class A, 338-unit, 31-story multifamily tower located in downtown Seattle, WA.
- 07/31/2024
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3 Dow Stocks You Can Depend On in Q3
- The third quarter of 2024 is shaping up to be a very interesting time. Wall Street is largely anticipating that the Federal Reserve will cut interest rates in September.
- 07/31/2024
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Goldman Sachs CEO David Solomon on Fed rate path
- “When I now look at the data and the way things are setting up, I think the
- 07/30/2024
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Goldman Sachs CEO David Solomon on the Olympics, Fed's rate path and M&A landscape
- Goldman Sachs chairman and CEO David Solomon joins 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, rate path outlook, M&A landscape, 2024 election, latest market trends, state of crypto, and more.
- 07/30/2024
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These 3 Stocks Beat the Market in the 1st Half of 2024. Here's Why They Could Still Be Big Winners.
- Bank of America, Goldman Sachs, and JPMorgan Chase all outperformed the S&P 500 in the first half of 2024. There are a few reasons for the strong performance, including expectations of rate cuts and better-than-expected consumer defaults.
- 07/30/2024
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Why Goldman Sachs (GS) is a Top Stock for the Long-Term
- The Zacks Focus List offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.
- 07/29/2024
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Stocks This Week: Buy MMM And Goldman Sachs
- The market appears to be in a rolling correction. This occurs when one group or sector fades and another begins a rally.
- 07/28/2024
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Digging Into Boutique Bank Earnings
- Evercore Inc. reported record revenue as dealmaking led to a surge in advisory fees. Matthew Monks takes a deep dive into the sector on "Wall Street Beat" on "Bloomberg Open Interest.
- 07/26/2024
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Goldman Sachs (GS) Q2 Result Out: Should You Make a Bet Now?
- The Goldman Sachs Group, Inc. GS, which released its second-quarter 2024 results on Jul 15, 2024, posted a remarkable rebound in its investment banking (IB) business after witnessing a decline in the past two years. Driven by robust performance, the company's profits jumped 61% in the first six months of 2024.
- 07/25/2024
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3 Overlooked Bank Stocks to Buy With Lower Interest Rates in 2025
- As we speed through the second half of 2024, bank stocks remain an attractive opportunity for discerning investors. The banking industry is one of the more appealing sectors, given that tech stock valuations are at unsustainable levels.
- 07/25/2024
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Is Trending Stock The Goldman Sachs Group, Inc. (GS) a Buy Now?
- Goldman (GS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 07/24/2024
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3 Bank Stocks Worth Buying After Q2 Earnings
- America's big banks have reported their second-quarter financial results, and, with a few exceptions, they were extremely strong. Both commercial lenders and investment banks on Wall Street saw their revenues and profits get a lift in Q2 due to a resumption of deal making that includes initial public offerings as well as mergers and acquisitions.
- 07/24/2024
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Swiss bank Julius Baer names Goldman Sachs exec as new CEO
- Julius Baer has hired Goldman Sachs partner Stefan Bollinger to be its new chief executive, the Swiss private bank said on Tuesday.
- 07/23/2024
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Goldman Sachs (GS) Could Be a Great Choice
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 07/19/2024
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3 Stocks Sen.
- Rhode Island Democratic Senator Sheldon Whitehouse just disclosed three trades of three very different companies. All three of these trades were made last month but disclosed on July 16.
- 07/18/2024
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Goldman Sachs names senior dealmakers in reshuffle, memo says
- Goldman Sachs has made a handful of senior leadership appointments within its investment banking team, according to an internal memo seen by Reuters.
- 07/18/2024
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Goldman Sachs Q2 2024 Earnings: Top-Tier Results, Concerns On Forward Outlook
- Banks are recession favorites due to their high exposure to advisory and lending activities during tough times. In the year so far, Goldman Sachs has netted earnings on par with all of 2023. However, the deal-making landscape going forward is likely to be very challenging. Goldman Sachs is working on shedding its exposure to the highly stressed credit card industry and transforming more into an advisor for businesses.
- 07/18/2024
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Betterment and Goldman Sachs Launch Industry-First Tax-Smart Bonds Portfolio
- Betterment to Personalize Strategies for Investors Seeking After-Tax Yield NEW YORK , July 18, 2024 /PRNewswire/ -- Betterment and Goldman Sachs Asset Management are excited to announce the launch of the Goldman Sachs Tax-Smart Bonds portfolio. This industry-first portfolio leverages Goldman Sachs' expertise in bond markets and Betterment's automation.
- 07/18/2024
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Goldman Sachs: Q2 Earnings Show Growth Is On The Horizon
- Goldman Sachs reported strong Q2 2024 earnings with record base management fees and trading revenue. Investment banking fees are on the rise for major banks, indicating a potential turning point in the industry. GS's prospects appear solid with recent initiatives, a strong investment banking backlog, and positive sentiment towards IPOs.
- 07/18/2024
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Q2 Earnings Season Starts Positively
- We are off to a good start in the Q2 earnings season, with the growth pace steadily improving, an above-average proportion of companies beating EPS estimates, and companies generally providing a reassuring outlook for the coming periods.
- 07/17/2024
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Q2 Earnings Season Starts Positively
- We are off to a good start in the Q2 earnings season, with the growth pace steadily improving, an above-average proportion of companies beating EPS estimates, and companies generally providing a reassuring outlook for the coming periods.
- 07/17/2024
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Impressive Rally: Eyeing Further Upside for This Financial Stock
- If you look at Goldman Sachs' NYSE: GS 70% gain over the last nine months and wonder how much higher it can go, the answer is a lot. The uptrend is supported by revenue and earnings quality, an outlook for double-digit growth in the next fiscal year, and robust sell-side support that shows no signs of stopping.
- 07/17/2024
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7 Dividend Stocks That Just Raised Their Payouts: July 2024
- Dividend stocks are a powerful multiplier. Not only do investors benefit from capital appreciation from the stock but their portfolios are supercharged by the dividend payments increasing total returns.
- 07/17/2024
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Final Trades: Deckers, Goldman Sachs, Fiverr and Cheniere Energy
- The Investment Committee share their top stocks to watch for the second half.
- 07/16/2024
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Goldman Sachs CEO David Solomon is predicting the long-awaited return of M&A
- This post originally appeared in the Insider Today newsletter. You can sign up for Business Insider's daily newsletter here.
- 07/16/2024
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Goldman Sachs ‘mixed' quarter hit by heavy expenses, but deal pipeline grows
- KBW reiterates outperform rating, while Jefferies sticks to a buy and Citi reiterates a neutral stance
- 07/16/2024
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Goldman Sachs Unit Invests in Plaid, Databricks Company Stakes
- Venture capital (VC) firm NEA has reportedly created a $540 million continuation vehicle that has drawn as investors Goldman Sachs Group's alternatives unit, Industry Ventures, Pathway Capital Management and Goanna Capital.
- 07/15/2024
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Time to Buy BlackRock (BLK) or Goldman Sachs (GS) Stock After Q2 Earnings?
- Let's see if now is a good time to buy stock in BlackRock (BLK) or Goldman Sachs (GS) after reporting their Q2 results on Monday.
- 07/15/2024
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Jim Cramer names stocks that could rally, or fall, during another Trump presidency
- CNBC's Jim Cramer on Monday named stocks that could stand to see gains if former President Donald Trump returns to office, as well as ones that may notch losses. "After this weekend, it sure seems like the Trump stocks are back," he said.
- 07/15/2024
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Three Stock Lunch: Goldman Sachs, Super Micro, & Ulta Beauty
- Jeff Kilburg, KKM Financial CEO, joins CNBC's 'Power Lunch' to discuss three stocks: Goldman Sachs, Super Micro Computers Inc., and Ulta Beauty.
- 07/15/2024
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Stock Market Today: Dow Adds 210 Points as Apple, Goldman Hit New Highs
- A big rally in blue chips and some dovish Fed speak boosted the equities market Monday.
- 07/15/2024
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Crude Oil Moves Lower; Goldman Sachs Posts Upbeat Results
- U.S. stocks traded higher toward the end of trading, with the Dow Jones index rising more than 150 points on Monday.
- 07/15/2024
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Goldman's Card Balances Up 11% as Management's ‘Pleased' With Credit Performance
- Goldman Sachs' GreenSky sale is in the rearview mirror and its pivot from Main Street banking is ongoing. Its latest earnings results, released Monday (July 15), show that “substantially all” of the Marcus loans were sold a year ago.
- 07/15/2024
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Bank bond spreads tighten as earnings spark buying ahead of fresh debt offerings
- Bond yields for three of the four biggest money-center banks have continued to tighten against Treasurys following their earnings updates, in a positive sign of demand ahead of billions of dollars in fresh debt expected from the banks.
- 07/15/2024
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Goldman Sachs Overhaul Takes Two Steps Forward, One Step Back
- During the second quarter, Goldman Sachs GS 1.53%increase; green up pointing triangle turned 25 years old as a public company. Like anyone at quarter-life, it has a stronger sense of what it wants to be, but isn't quite there yet.
- 07/15/2024
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Goldman Sachs' Strong Q2 Performance Boosts Confidence in Future Returns, Says JP Morgan Analyst
- JP Morgan analyst Kian Abouhossein presented their take on The Goldman Sachs Group, Inc. GS second-quarter FY24 earnings results reported today.
- 07/15/2024
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Goldman (GS) Q2 Earnings Beat Estimates, IB Revenues Rise Y/Y
- Strong Investment banking and FICC financing revenues support Goldman's (GS) Q2 Earnings. However, the current tough macroeconomic scenario remains a concern.
- 07/15/2024
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Q2 Earnings Parade Continues
- Pre-markets are up solidly to start a new week of trading. This will be the first full week of Q2 earnings season, as well as ushering in plenty of economic data like U.S. Retail Sales and New Housing Starts.
- 07/15/2024
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BlackRock Cements Behemoth Status; Goldman Results Mixed
- Wall Street earnings drove today's Wall Street Beat conversation on "Bloomberg Open Interest," as Sonali Basak, Matthew Miller and Katie Greifeld examined the latest performance from BlackRock Inc. Assets under management there exceed the combined total of Fidelity, Capital Group, Franklin Templeton and Invesco. Meanwhile, results were mixed at Goldman Sachs Group Inc. -------- More on Bloomberg Television and Markets Like this video?
- 07/15/2024
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Goldman Sachs profit more than doubles to $3B as Wall Street dealmaking rebounds
- After a foray into consumer banking flopped, Goldman has refocused on its traditional mainstays - investment banking and trading.
- 07/15/2024
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The Goldman Sachs Group, Inc. (GS) Q2 2024 Earnings Call Transcript
- The Goldman Sachs Group, Inc. (NYSE:GS ) Q2 2024 Earnings Conference Call July 15, 2024 9:30 AM ET Company Participants David Solomon - Chairman and Chief Executive Officer Dennis Coleman - Chief Financial Officer Conference Call Participants Glenn Schorr - Evercore Ebrahim Poonawala - Bank of America Betsy Graseck - Morgan Stanley Brennan Hawken - UBS Mike Mayo - Wells Fargo Securities Steven Chubak - Wolfe Research Devin Ryan - Citizens JMP Securities Dan Fannon - Jefferies Matt O'Connor - Deutsche Bank Gerard Cassidy - RBC Saul Martinez - HSBC Operator Good morning. My name is Katie and I will be your conference facilitator today.
- 07/15/2024
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Goldman Sachs Q2 earnings tops estimates with profits soaring 150%
- About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance
- 07/15/2024
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Goldman Sachs' Q2 Profit Jumps 150% on Higher Investment Banking Revenue
- Goldman Sachs' (GS) efforts to refocus on its Wall Street operations is paying off, as second-quarter investment banking revenue jumped over 20% from a year ago, helping profits more than double.
- 07/15/2024
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Top Stocks To Buy Today? 2 Financial Stocks To Know
- Financial stocks to watch after reporting earnings today.
- 07/15/2024
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GS/BLK Earnings Beat, M Ends Takeover Talks, NVDA Price Target Hike, GOOGL Nears Largest Acquisition
- Goldman Sachs (GS) and BlackRock (BLK) earnings beat estimates. Macy's (M) ends takeover talks with Arkhouse and Brigade.
- 07/15/2024
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Goldman (GS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
- The headline numbers for Goldman (GS) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 07/15/2024
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Goldman Sachs is set to report second-quarter earnings — here's what Wall Street expects
- Goldman Sachs reports second-quarter earnings before the market open on Monday. Analysts polled by LSEG expect earnings per share of $8.34 and revenue of $12.46 billion.
- 07/15/2024
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Wall Street Brunch: Trump 'Fine' After Shooting
- Trump confirms he is "fine" after assassination attempt during rally in Pennsylvania, suspect dead. Global leaders condemn violence, wish Trump speedy recovery.
- 07/14/2024
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What To Expect in the Markets This Week
- Federal Reserve Chair Jerome Powell will speak on Monday, with several other Fed officials also making remarks this week.
- 07/14/2024
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Goldman Sachs Likely To Report Surge In Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
- The Goldman Sachs Group, Inc. GS is scheduled to release its financial results for the second quarter, before the opening bell on Monday, July 15.
- 07/12/2024
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The 3 Most Undervalued Dow Stocks to Buy in July 2024
- It is becoming clear that 2024 is a very different year than the last year. Although we're still in the middle of a bull market, it is more of a broad-based rally, higher this time than it was in 2023.
- 07/11/2024
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Goldman Sachs (GS) Pre Q2 Earnings: To Buy or Stay Clear
- The Goldman Sachs Group, Inc. GS is slated to release second-quarter 2024 earnings on Jul 15, before the opening bell.
- 07/11/2024
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Challenges Facing Big Banks Ahead of Earnings
- Big banks are set to start reporting earnings on Friday. Traders have lots of factors to consider including the presidential election and when the Federal Reserve might begin to cut interest rates.
- 07/11/2024
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Gear Up for Goldman (GS) Q2 Earnings: Wall Street Estimates for Key Metrics
- Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Goldman (GS), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
- 07/11/2024
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The Goldman Sachs Group, Inc. (GS) is Attracting Investor Attention: Here is What You Should Know
- Goldman (GS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 07/11/2024
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Goldman Sachs Q2 Preview: Accelerating EPS Growth (Rating Upgrade)
- Goldman Sachs is refocusing on investment banking and trading, yielding positive results with an impressive earnings beat in Q1 2024. The bank's strong deal flow and revenue growth in the investment banking sector, positions them well for future success and earnings growth. Despite potential risks like rising credit defaults, Goldman Sachs' focus on high-margin, asset-light revenue sources makes them a strong buy with room for share expansion.
- 07/10/2024
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Why Goldman Sachs (GS) Outpaced the Stock Market Today
- The latest trading day saw Goldman Sachs (GS) settling at $472.83, representing a +1.72% change from its previous close.
- 07/09/2024
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Stock Market Holds Near Highs After Powell Comments; Goldman Sachs, JPMorgan Reclaim Buy Points
- Small caps lagged again in the stock market Tuesday, but the Nasdaq and S&P 500 extended their win streaks.
- 07/09/2024
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TAIT announces equity investment from Goldman Sachs Alternatives' Private Equity Business
- Goldman Sachs to acquire majority stake from Providence Equity Partners and other existing investors TAIT management team to continue leading company and remain significant shareholders LITITZ, Pa. , July 9, 2024 /PRNewswire/ -- TAIT, a global leader in live experiences, today announced that the Private Equity business at Goldman Sachs Alternatives ("Goldman Sachs") will acquire a majority stake in the company from affiliates of Providence Equity Partners ("Providence"), subject to obtaining customary regulatory approvals.
- 07/09/2024
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Goldman Sachs Q2 Earnings Preview: Can The Rally Keep Going?
- We take a look at the themes to watch for in the second-quarter earnings for Goldman Sachs. The bank is benefiting from a resilient economy and strong sentiment in capital markets. With the stock up more than 50% over the past year, a pricey valuation premium warrants some caution.
- 07/08/2024
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Betting on unknown future events may be the next big thing in hedging your investments
- There's no denying that the latest reading of the consumer-price index or a change in the fed-funds target rate can move markets. However, unless you have insider access to the U.S. government's economic data or the mind of Jerome Powell, it may be hard to position your investments so you're prepared for whatever the outcome is.
- 07/08/2024
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2 factors that could boost big bank stocks
- As major financial institutions like JPMorgan (JPM), Citi (C), and Wells Fargo (WFC) prepare to release their earnings this week, Macrae Sykes, Gabelli Funds portfolio manager, joins Catalysts to share his outlook on the banking sector. Sykes expresses a bullish stance on bank earnings, highlighting two key factors that could potentially boost reports.
- 07/08/2024
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Goldman Sachs Is Reinventing Itself: A Strategic Shift Ignites Growth
- Goldman Sachs exceeded revenue and net income estimates in Q1, with strong performance in investment banking and trading. Despite challenges, Goldman Sachs is refocusing on core strengths like investment banking, but also pushing into wealth management to drive a strong recovery and future growth. Initiating coverage with a cautious buy based on Goldman's growth potential. However, near-term volatility is possible due to approaching high resistance levels.
- 07/04/2024
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3 Unstoppable Stocks Set to Surge Higher in Q3 2024
- The third quarter is shaping into a pivotal period for the stock market. Economic indicators suggest a potential upswing, with inflation slowly coming down to the Fed's 2% target range.
- 07/03/2024
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This CrowdStrike Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday
- Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
- 07/02/2024
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Analyst Downgrades Goldman and Upgrades BofA. Here's Why.
- The industry's deposit growth is faring better than expected, an analyst says.
- 07/02/2024
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Goldman (GS) & Others Boost Payouts Following Stress Test
- U.S. banks, including Goldman (GS), JPMorgan (JPM) and Bank of America (BAC), Citigroup (C), Fifth Third Bancorp (FITB), among others, are lifting their payouts in the wake of stress test.
- 07/02/2024
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GS Stock Today: Bull Put Spread In Goldman Sachs Adds $90 To Your Pocket Today For Potential 22% Return
- The breakeven point for the bull put spread in GS stock is 429.10.
- 07/01/2024
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This is how much the largest 20 U.S. banks raised dividends after stress tests
- With another round of Federal Reserve stress tests in the books, many large U.S. banks have already announced dividend increases. Analysts at Jefferies compiled the data in a report sent to clients early Monday.
- 07/01/2024
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Bank of America, JPMorgan, Goldman Raise Investor Payouts Post-Stress Tests
- Here is a rundown of some of the Friday announcements from U.S. banks that were subject to this week's stress tests.
- 06/28/2024
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Big Banks Boost Dividends After Passing Stress Tests
- Big banks plan to pay out more to shareholders after passing regulators' annual stress test results earlier this week.
- 06/28/2024
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Top U.S. banks hike dividends after sailing through Fed's stress test
- U.S. banking giants announced plans to raise their third-quarter dividends on Friday after proving that they have enough capital to withstand severe economic and market turmoil in the Federal Reserve's annual health check.
- 06/28/2024
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The 3 Smartest Financial Services Stocks to Buy With $10K Right Now
- The financial services sector in 2024 is poised for growth, driven by robust economic fundamentals and technological advancements. As one of the largest contributors to the U.S. economy, this sector generates significant revenue and employment.
- 06/28/2024
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U.S. banks are in a good and resilient place, says Wells Fargo's Mike Mayo
- Mike Mayo, Wells Fargo, joins 'Closing Bell' to discuss big banks stress tests and his outlook for the sector.
- 06/27/2024
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Ten big banks settle US interest rate swaps rigging litigation
- Ten large banks including Bank of America , Goldman Sachs and JPMorgan Chase will pay $46 million to settle a long-running antitrust lawsuit accusing them of conspiring to rig the now $465.9 trillion market for interest rate swaps.
- 06/27/2024
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Citigroup Remains A Buy With The 2024 Stress Test Results
- Citigroup Remains A Buy With The 2024 Stress Test Results
- 06/27/2024
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Goldman Sachs Signals End of Era, Hires Ex-Honeywell CEO
- Goldman Sachs is bringing in corporate muscle, hiring Darius Adamczyk, the former head of Honeywell International, to parachute into portfolio companies that the bank works with and help fix their operations. Sridhar Natarajan has more on "Bloomberg The Close.
- 06/27/2024
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What the Fed stress test showed about Goldman Sachs' capital
- The Federal Reserve Board's annual bank stress test revealed that all of the large US banks under evaluation are "positioned to weather a severe recession and stay above minimum capital requirements," according to a press release from the Federal Reserve. JMP Securities Director of Financial Technology Research Devin Ryan gives insight into the Fed's stress test and what it ultimately means for Goldman Sachs' capital strength: "The pressure from kind of stressing the credit card portfolio was a little bit of a drag for them [Goldman Sachs].
- 06/27/2024
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Piper Sandler's Scott Siefers on key takeaways from stress test results
- Scott Siefers, Piper Sandler senior research analyst, joins 'Money Movers' to discuss his key takeaways from the annual stress test results.
- 06/27/2024
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Banks Clear 2024 Stress Test: Will Payouts be Bigger This Time?
- This year, all 31 banks, including JPMorgan, Goldman, Morgan Stanley, Citigroup and Fifth Third Bancorp, have cleared the stress test. The payouts are likely to be conservative due to lingering headwinds.
- 06/27/2024
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Analysts praise banks and puzzle over Fed after stress tests
- Oppenheimer analysts cautioned investors not to “burn too many brain cells on deciphering the Fed's logic” as analysts gave the annual exercise mixed reviews on Thursday.
- 06/27/2024
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US banks weather Fed's annual stress test, but risks rise
- Big U.S. banks had enough capital to weather a potentially severe economic downturn but some of their risky businesses could hypothetically take a major hit this year, according to results of the Federal Reserve's annual stress test.
- 06/27/2024
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The Goldman Sachs Group, Inc. (GS) Is a Trending Stock: Facts to Know Before Betting on It
- Goldman (GS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 06/27/2024
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Big US banks withstand Fed's commercial real estate shock scenario
- Big U.S. banks survived a hypothetical 40% drop in commercial real estate values as a part of the U.S. Federal Reserve's annual health test, easing fears about the banking sector as landlords struggle in a higher-for-longer interest rate world.
- 06/26/2024
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Bank stocks very well positioned headed into quarterly earnings, says KBW's Tom Michaud
- Tom Michaud, KBW CEO, joins 'Fast Money' with reaction to results of the Federal Reserve's bank stress test.
- 06/26/2024
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Banks are more focused on credit than rates, says Hennessy Fund's David Ellison
- David Ellison, Hennessy Funds Portfolio Manager and Gerard Cassidy, RBC Capital Markets Managing Director, joins 'Closing Bell Overtime' to talk the Fed's bank stress test.
- 06/26/2024
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Biggest US Banks Pass Fed's Annual Stress Test
- The biggest US banks stayed above the Federal Reserve's minimum capital requirements during a hypothetical recession. Altogether, the group would take nearly $685 billion in losses, driving a larger drop in capital than in last year's scenario but "within the range of recent stress tests," the regulator said.
- 06/26/2024
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Fed on stress test: All banks tested remained above minimum capital requirements
- CNBC's Leslie Picker joins 'Closing Bell Overtime' with breaking news on the Fed's bank stress test results.
- 06/26/2024
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US banks suffer steeper losses, but retain large cushions in annual Fed health check
- The biggest U.S. banks would have enough capital to withstand severe economic and market turmoil, the Federal Reserve's annual "stress test" exercise showed on Wednesday, but firms faced steeper hypothetical losses this year due to riskier portfolios.
- 06/26/2024
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Federal Reserve says all 31 banks in annual stress test withstood a severe hypothetical downturn
- The Federal Reserve said Wednesday that the biggest banks operating in the U.S. would be able to withstand a severe recession scenario. Each of the 31 banks in this year's regulatory exercise cleared the hurdle of being able to absorb losses while maintaining more than the minimum required capital levels, the Fed said in a statement.
- 06/26/2024
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Big Banks Can Withstand Disaster Scenario as Balance Sheets Grow ‘Riskier,' Fed Says
- U.S. lenders have sufficient capital to withstand an economic catastrophe, the central bank determined.
- 06/26/2024
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Goldman Sachs (GS) Stock Drops Despite Market Gains: Important Facts to Note
- Goldman Sachs (GS) closed the most recent trading day at $457.38, moving -1.02% from the previous trading session.
- 06/25/2024
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3 Dividend Stocks to Buy on the Dip: June 2024
- Now at the year's midpoint, some investors may be inclined to address the month-end's volatility in the tech scene. They may see it as an opportunity to take some profits off the table of their biggest first-half winner.
- 06/25/2024
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This Goldman Sachs Option Trade Gets Bullish For A Low Cost
- If a market rotation to financials takes hold, this butterfly strategy can pay off big with little at risk.
- 06/25/2024
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Summertime Blues: 3 Stocks to Sell When It's Hot Outside
- Which stocks should investors sell this summer? This question can be connected to a classic Wall Street phrase — “sell in May and go away” — which suggests that getting out of the market in May and returning in November is a good strategy for investors.
- 06/25/2024
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Large Banks to be Conservative About Shareholder Payouts
- The 2024 stress test results are due this Wednesday. So, banks - JPMorgan (JPM), Goldman (GS), Morgan Stanley (MS), Bank of America (BAC) and Citizens Financial Group (CFG) - are in the spotlight.
- 06/25/2024
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Hess CEO to join Goldman Sachs board as independent director
- John Hess, CEO of Hess Corp , has joined the board of Goldman Sachs as independent director, the Wall Street firm said on Monday.
- 06/24/2024
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Traders Scored 200% Profit with Goldman Sachs Call
- Expiration Week Countdown subscribers tripled their money in less than three days with our Goldman Sachs Group Inc (NYSE:GS) June 442.50 call recommendation, which they received on Sunday, June 17.
- 06/24/2024
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Final Trades: Goldman Sachs, Devon Energy, Apollo Global and the INDY
- The Investment Committee discuss their top stocks to watch for the second half.
- 06/24/2024
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Rags to Riches: 3 Cheap Stocks to Make Early Investors Exceedingly Wealthy
- Identifying both promising and cheap stocks to buy is a perpetual challenge for investors. This is especially true in an uncertain market where companies are trading at nearly all-time highs.
- 06/24/2024
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Big US banks expected to be cautious on shareholder payouts after stress tests
- Big U.S. lenders are expected to show they have ample capital to weather any renewed turmoil during this week's Federal Reserve health checks, but will be conservative on investor payouts amid economic and regulatory uncertainties, analysts said.
- 06/24/2024
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Very Overrated And Very Underrated High Yield Sectors
- I love investing in high yield stocks. However, not all high yield subsectors are good investments all the time. I share one high yield subsector that Mr. Market is overrating and one that he is underrating.
- 06/23/2024
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S&P 500 Giants Meta, GE Aerospace Lead Five Stocks Near Buy Points
- S&P 500 giants Meta Platforms and GE Aerospace lead five stocks trading around buy points.
- 06/22/2024
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Regulators hit Citigroup, JPMorgan Chase, Goldman Sachs and Bank of America over living will plans
- Banking regulators on Friday disclosed that they found weaknesses in the resolution plans of four of the eight largest American lenders. The Federal Reserve and the Federal Deposit Insurance Corporation said that the so-called living wills of Citigroup, JPMorgan Chase, Goldman Sachs and Bank of America filed in 2023 were inadequate.
- 06/21/2024
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Wall Street Favorites: 3 Financial Services Stocks With Strong Buy Ratings for June 2024
- The U.S. has the largest financial services sector in the world, generating more than $500 billion in annual revenues and employing nearly eight million people. Three of the five largest banks in the world are American, and the U.S. overwhelmingly dominates when it comes to investment banking activities.
- 06/20/2024
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Notifications of major holding in Kindred Group plc
- VALLETTA, Malta , June 20, 2024 /PRNewswire/ -- Kindred Group plc (Kindred) hereby announces that it, on 18 June 2024, has received two notifications of major holding from The Goldman Sachs Group, Inc., a company with its registered office in Wilmington, USA. The notifications relate to 1) a decrease followed by 2) an increase in the number of shares and voting rights in Kindred held by the Goldman Sachs Group.
- 06/20/2024
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Here's Why Goldman (GS) Stock is a Lucrative Bet Right Now
- Goldman's (GS) focus on its core business, strategic restructuring and improving revenue mix, and a strong balance sheet are likely to aid its financials. These make the stock an attractive pick for investors.
- 06/19/2024
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Wall Street Bulls Look Optimistic About Goldman (GS): Should You Buy?
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 06/19/2024
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Klarna rival Zilch raises $125 million with aim to triple sales and accelerate path to IPO
- British online payments firm Zilch says it has raised $125 million in debt financing from Deutsche Bank in a deal that will help the company triple sales in the next couple of years and move closer toward an IPO. The buy now, pay later firm said the debt was structured as a securitization, where multiple loans can be packaged together.
- 06/19/2024
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Goldman Sachs (GS) Exceeds Market Returns: Some Facts to Consider
- In the most recent trading session, Goldman Sachs (GS) closed at $457.43, indicating a +1.61% shift from the previous trading day.
- 06/18/2024
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Is S&P 500 Headed Toward the 6,000 Mark? 5 Stocks to Buy
- The current strength in the S&P 500 reflects optimism driven by strong corporate earnings, the tech rally and economic indicators. Tap Royal Caribbean Cruises (RCL), Alphabet (GOOGL), The Goldman Sachs Group (GS), Hasbro (HAS) and Zebra Technologies (ZBRA).
- 06/18/2024
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Oldies Are Goldies: Buy These 5 Surging Old Economy Stocks
- We have narrowed our search to five old economy stocks that have provided handsome returns year to date. These are: GS, WFC, IR, CR, WMT.
- 06/18/2024
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Why Goldman Sachs (GS) is a Great Dividend Stock Right Now
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 06/17/2024
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Goldman Sachs raises year-end target for the S&P 500
- The S&P 500 is seen reaching 5,600 points by the end of the year by analysts at Goldman Sachs Group Inc (NYSE:GS, ETR:GOS), who have lifted their forecast for the index for the third time since December. The analysts wrote in a note that they have raised their year-end target for the index from 5,200 citing strong earnings growth from five mega-cap tech stocks and a higher fair value price-to-earnings ratio multiple.
- 06/17/2024
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Notification of major holding in Kindred Group plc
- VALLETTA, Malta, June 17, 2024 /PRNewswire/ -- Kindred Group plc (Kindred) hereby announces that it, on 13 June 2024, has received a notification of major holding from The Goldman Sachs Group, Inc., a company with its registered office in Wilmington, USA. The notification relates to an increase in the number of shares and voting rights in Kindred held by the Goldman Sachs Group.
- 06/17/2024
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The 3 Best Stocks to Invest In for Big Gains in 2024: June Edition
- The best stocks to invest in are skyrocketing right now, driven higher by catalysts and bullish sentiment. Certain stocks continue pushing upwards to new 52-week, record highs.
- 06/15/2024
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Goldman Plans to Double Loans to Super-Rich Clients
- Goldman Sachs reportedly wants to double its lending to its most affluent customers. This plan would play out over the next five years for clients with account sizes of more than $10 million, the bank's private banking chief told Reuters Thursday (June 13).
- 06/13/2024
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Are Finance Stocks Lagging The Goldman Sachs Group (GS) This Year?
- Here is how Goldman Sachs (GS) and AerCap (AER) have performed compared to their sector so far this year.
- 06/13/2024
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Sell Alert: 2 Overvalued Dividend Stocks And 1 Replacement Buy
- Stocks oscillate between overvalued and undervalued states, influenced by changing perceptions and economic cycles. The shrewd dividend investor capitalizes on these swings. Here are two dividend stocks which we would sell, and one which we're buying.
- 06/13/2024
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Notification of major holding in Kindred Group plc
- VALLETTA, Malta , June 13, 2024 /PRNewswire/ -- Kindred Group plc (Kindred) hereby announces that it, on 12 June 2024, has received a notification of major holding from The Goldman Sachs Group, Inc., a company with its registered office in Wilmington, USA. The notification relates to an increase in the number of shares and voting rights in Kindred held by the Goldman Sachs Group.
- 06/13/2024
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Goldman Sachs Analyst Reaffirms Buy on Rubrik Despite Quarterly Losses, Highlights Strong ARR Growth
- Goldman Sachs analyst Kash Rangan reiterated a Buy rating on Rubrik, Inc. RBRK with a price target of $48.
- 06/12/2024
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Investors Heavily Search The Goldman Sachs Group, Inc. (GS): Here is What You Need to Know
- Zacks.com users have recently been watching Goldman (GS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 06/12/2024
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Top 4 Fastest Growing S&P 500 Dividends: Buy, Sell, or Hold?
- Dividends are a leading reason to buy a stock because the stock pays you to own it. Growing dividend distributions are more valuable than those that aren't; by extension, distributions growing faster than average are even more valuable.
- 06/12/2024
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Three-Stock Lunch: Goldman Sachs, General Motors & VF Corporation
- David Trainer, New Constructs CEO, joins 'Power Lunch' to discuss investment plays for three stocks, including Goldman Sachs, General Motors, and VF Corporation.
- 06/11/2024
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Strong Jobs Report Diminishes Fed Rate-Cut Hopes: 5 Winners
- With the chances of a Fed rate cut diminishing, stocks such as Bank of America (BAC), Brown & Brown (BRO), First BanCorp. (FBP), Hamilton Insurance (HG) and The Goldman Sachs (GS) stand to gain.
- 06/10/2024
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3 Capital Markets Stocks to Buy Hand Over Fist in June
- Goldman Sachs stands to benefit from improving demand for initial public offerings. Interactive Brokers is growing its customer base at an impressive pace.
- 06/08/2024
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Ready to Rally: Ride These 3 Stocks to Dow 50K
- In May, Barron's published an article titled Week's Best: Dow 50,000 or Bust? At the time, the Dow Jones Industrial Average hit 40,000, a record for 30 of America's oldest companies.
- 06/07/2024
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Notification of major holding in Kindred Group plc
- VALLETTA, Malta , June 7, 2024 /PRNewswire/ -- Kindred Group plc (Kindred) hereby announces that it, on 5 June 2024, has received a notification of major holding from The Goldman Sachs Group, Inc., a company with its registered office in Wilmington, USA. The notification relates to an increase in the number of shares and voting rights in Kindred held by the Goldman Sachs Group.
- 06/07/2024
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U.S. Services PMI Returns to Expansion Path in May: 5 Picks
- We have selected five services-oriented stocks that have strong potential for the rest of 2024. These stocks are: MEDP, TXRH, WING, GS, RGA.
- 06/07/2024
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Trade Tracker: Kevin Simpson trims Goldman Sachs
- Kevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to detail his latest move in Goldman Sachs
- 06/06/2024
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Final Trades: Amazon, Goldman Sachs, AbbVie and IQVIA Holdings
- The Investment Committee give you their top stocks to watch for the second half.
- 06/06/2024
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Goldman Sachs predicts ‘Wall of Money' to boost summer stock gains
- Amid a bullish period for some participants in the stock market, like Nvidia (NASDAQ: NVDA) and Walmart (NYSE: WMT), the prices of which have recently crushed their previous all-time highs (ATHs), indications have appeared that the summer of 2024 might be even more positive.
- 06/06/2024
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Dividend Aristocrats in Disguise: 3 Stocks With Royal Payout Potential
- Currently, there are only 68 companies that boast the esteemed title of Dividend Aristocrat. Among a couple of other, more trivial requirements, a company must be a member of the S&P 500 index and have raised its dividend payout for a minimum of 25 consecutive years.
- 06/04/2024
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Goldman Sachs (GS) Ascends But Remains Behind Market: Some Facts to Note
- In the most recent trading session, Goldman Sachs (GS) closed at $455.30, indicating a +0.07% shift from the previous trading day.
- 06/04/2024
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Goldman Sachs (GS) Could Be a Great Choice
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 05/31/2024
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Election day disaster? Why the stock market might crash in November
- Goldman Sachs Group (NYSE: GS) warns that traders anticipating the upcoming presidential election may overlook a significant risk: the possibility of no definitive result on election night.
- 05/31/2024
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Here is What to Know Beyond Why The Goldman Sachs Group, Inc. (GS) is a Trending Stock
- Goldman (GS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 05/31/2024
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The Goldman Sachs Group, Inc. (GS) Bernstein's 40th Annual Strategic Decisions Conference (Transcript)
- The Goldman Sachs Group, Inc. (NYSE:GS ) Bernstein's 40th Annual Strategic Decisions Conference May 30, 2024 8:00 AM ET Company Participants John Waldron - COO and President Conference Call Participants Unidentified Analyst All right. Good morning, everyone, and thanks for making it in again for the second day.
- 05/30/2024
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Gaining 19% YTD, Where Is Goldman Sachs Stock Headed?
- Goldman Sachs' stock (NYSE: GS) has gained approximately 19% YTD as compared to an 11% rise in the S&P500 index over the same period. In comparison, Goldman Sachs Goldman Sachs ' peer Morgan Stanley (NYSE: MS) has seen its stock rise 6% over the same period.
- 05/30/2024
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Goldman Sachs Alternatives Raises Largest Loan Partners Fund Since 2008
- Goldman Sachs Alternatives raised more than $20 billion for senior direct lending. The total includes $13.1 billion in its West Street Loan Partners V fund, $7 billion in large-cap senior direct lending managed accounts and $550 million of co-investment vehicles alongside the fund, the business said in a Wednesday (May 29) press release.
- 05/29/2024
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Jamie Dimon sees potential trouble — and opportunity — in private credit
- JPMorgan Chase & Co. Chief Executive Jamie Dimon said Wednesday that the bank could one day invest up to $200 billion in private-credit deals off its balance sheet, but he flagged potential risks with the rapidly growing asset class.
- 05/29/2024
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Goldman Private Credit Foray Feeds Bigger-Is-Better Goal
- Goldman Sachs Group Inc.'s latest $21 billion war chest for private credit furthers its goal of bulking up in money management, tapping into investors' appetite for the buzziest asset class on Wall Street, Bloomberg's Sridhar Natarajan tells Katie Greifeld on "Bloomberg Markets." Sign up for the 5 Things to Start Your Day newsletter to get up to speed with the most important business & markets news each morning.
- 05/29/2024
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Goldman Sachs raises more than $20 bln for direct lending
- Goldman Sachs Asset Management's alternative investments platform said on Wednesday its latest fund had raised more than $20 billion for senior direct lending.
- 05/29/2024
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3 Bank Stocks to Outperform the S&P 500 Through 2030
- With its diverse array of bank stocks, the financial sector has long been a cornerstone of investment portfolios. While the S&P 500 is the most popular benchmark for overall market performance, a few bank stocks can deliver superior returns through 2030.
- 05/29/2024
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Is The Goldman Sachs Group (GS) Stock Outpacing Its Finance Peers This Year?
- Here is how Goldman Sachs (GS) and AerCap (AER) have performed compared to their sector so far this year.
- 05/28/2024
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2 Bank Stocks To Watch Before June 2024
- Bank stocks for your stock market watchlist this week.
- 05/28/2024
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The Bull Market Blastoff: 3 Stocks Ready to Skyrocket When the Market Roars
- The stock market is showing signs of a comeback with their all-time highs. This is coupled with the market betting on the Fed, which isn't expected to increase interest rates further.
- 05/27/2024
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Buy Alert: 2 Unexpected Dividend Beneficiaries Of The AI Revolution
- The AI investment cycle is in its infancy. Thinking about the whole ecosystem unveils opportunities. AI infrastructure requires financing and sufficient electricity to support its growth. I present two compelling long-term dividend-paying beneficiaries of these new technologies.
- 05/26/2024
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Chart Master: Time to sell GS and AXP?
- Carter Worth, Worth Charting, joins 'Fast Money' to discuss what he's seeing in the key levels for financials.
- 05/24/2024
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Goldman Sachs (GS) Suffers a Larger Drop Than the General Market: Key Insights
- Goldman Sachs (GS) concluded the recent trading session at $458.15, signifying a -0.91% move from its prior day's close.
- 05/23/2024
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Goldman Sachs gets license for regional headquarters in Saudi Arabia, source says
- Wall Street titan Goldman Sachs has received a license to set up its regional headquarters in Saudi Arabia's Riyadh, according to a person familiar with the matter.
- 05/23/2024
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Goldman Sachs Alternatives Completes Acquisition of Xpress Wellness from Latticework Capital Management
- OKLAHOMA CITY, Okla.--(BUSINESS WIRE)--Goldman Sachs Alternatives Completes Acquisition of Xpress Wellness from Latticework Capital Management.
- 05/23/2024
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Notifications of major holding in Kindred Group plc
- VALLETTA, Malta , May 23, 2024 /PRNewswire/ -- Kindred Group plc (Kindred) hereby announces that it, on 21 May 2024, has received three notifications of major holding from The Goldman Sachs Group, Inc., a company with its registered office in Wilmington, USA. The notifications relate to two increases and a following decrease in the number of shares and voting rights in Kindred held by the Goldman Sachs Group.
- 05/23/2024
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Goldman's David Solomon says Fed unlikely to cut rates this year: ‘We're set up for stickier inflation'
- His comments came after Fed policymakers said the central bank should wait several more months to ensure that inflation really is back on track to its 2% target before cutting interest rates.
- 05/22/2024
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Wall Street Analysts Think Goldman (GS) Is a Good Investment: Is It?
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 05/22/2024
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Play Likely Earnings Beat With These 5 Top-Ranked Stocks
- Top-ranked stocks The Gap (GPS), NVIDIA (NVDA), Sterling Infrastructure (STRL), The Goldman Sachs Group (GS) and DocuSign (DOCU) are likely to beat on the bottom line in their upcoming releases.
- 05/22/2024
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3 Financial Stocks Outperforming as The Fed Dumps Bonds
- Are there any safe stocks out there? Investors need to align their portfolios with fundamental factors more than ever as rotating industries pose a new set of risks (and rewards).
- 05/22/2024
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Buy 5 Investment Bankers for Sparkling Returns in the Near Term
- We have narrowed our search to five investment bank stocks that have strong growth potential for 2024. These stocks are: GS, MS, PIPR, IBKR, HOOD.
- 05/21/2024
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Very Bad News For Big Dividend Stocks
- High-yield stocks have underperformed recently. We discuss why. We also discuss how we have managed to outperform despite the headwinds and how we plan to continue doing so moving forward.
- 05/21/2024
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NVIDIA Q1 Earnings Preview: Analysts Anticipate Strong Results, Top AI Stock — 'Best Secular Idea In All Of Technology'
- Semiconductor giant NVIDIA Corporation NVDA will report first-quarter financial results after market close Wednesday. Here are the earnings estimates, what analysts are saying and key items to watch. Earnings Estimates: Analysts expect Nvidia to report first-quarter revenue of $24.60 billion, according to data from Benzinga Pro. The company reported first-quarter revenue of $7.19 billion in the previous fiscal year. Nvidia has beaten analysts' revenue estimates in six straight quarters and nine of the last 10 quarters. Analysts expect Nvidia to report earnings per share of $5.58 in the first quarter, compared to earnings per share of $1.09 in last year's first quarter. The company has beaten analysts' earnings per share estimates in five straight quarters and eight of the last 10 quarters. Guidance from Nvidia calls for first quarter revenue to be $24.0 billion, plus or minus 2%. Related Link: Nvidia Is Still ‘Stepping On The AI Accelerator’: 7 Analysts Size Up Q4 Results, Supply And Demand Dynamics What Analysts Are Saying: While Nvidia is likely to report strong year-over-year growth, analysts see potential volatility ahead of the Blackwell transition. Bank of America analyst Vivek Arya, who has a Buy rating and $1,100 price target, expects a beat and raise from Nvidia despite the volatility. The analyst said expectations for Nvidia are $26 billion based on speaking with investors ahead of the quarterly report. "Even if NVDA were to potentially deliver on these bullish expectations, the stock could still react unfavorably," Arya said. The analyst said slowing demand, lower quarter-over-quarter growth and pricing pressure could be factors that bears are watching. "On the other hand a favorable scenario could be perhaps NVDA reporting only modest FQ1 beat, but then guiding FQ2 up 10%+, while retaining favorable 76-77% GM (gross margins) as Blackwell ramp comes later in the year while Hopper cost structure remains favorable." Stifel analyst Ruben Roy is expecting another strong quarter and outlook from Nvidia. The analyst, who has a Buy rating, raised the price target from $910 to $1,085. "Once again, a beat/raise is widely anticipated with investor focus likely to remain on medium-term sustainability of accelerating AI infrastructure investment," Roy said. The analyst said supply chain checks indicate robust demand for existing Nvidia products ahead of the Blackwell launch. "NVDA remains our top pick relative to the AI infrastructure investment theme." The analyst said strength in the Data Center segment will drive "significant year-over-year growth" in coming quarters, leading to estimate increases. "The scaling of recent large-scale models coupled with NVDA's Blackwell ramp in 2025 suggests to us that we are likely to see meaningful growth well into next year." The analyst estimates Nvidia’s total addressable market to reach $100 billion by 2025, potentially growing to $1 trillion in the future. A beat and raise from Nvidia is also anticipated by Rosenblatt analyst Hans Mosesmann. The analyst, who has a Buy rating and $1,400 price target, said the beat and raise might be lower than the previous quarter due to supply shortages. "We do not subscribe to the air-pocket theory in the Hopper to Blackwell transition for the July quarter guide as the transition to B100 is scheduled for later in 2024," Mosesmann said. The analyst said Nvidia could maintain or increase its market share due to its platform and software stack. "We also anticipate that Blackwell will be completely sold out, at least for a year." Mosesmann said shares of Nvidia could be volatile ahead of and after the first-quarter earnings report. "We expect volatility into this week's print but are nonetheless positively biased on a story that is increasingly resonating with the best secular idea in all of technology." Here are other analyst ratings and price targets for Nvidia in the month of May. Barclays: Overweight rating, raised price target from $850 to $1,100 Susquehanna: Positive rating, raised price target from $910 to $1,085 Baird: Outperform rating, raised price target from $1,050 to $1,200 Oppenheimer: Outperform rating, $1,100 price target Wedbush: Outperform rating, $1,000 price target Wells Fargo: Overweight rating, raised price target from $970 to $1,150 Jefferies: Buy rating, raised price target from $780 to $1,200 HSBC: Buy rating, raised price target from $1,050 to $1,350 Goldman Sachs: Buy rating, raised price target from $1,000 to $1,100 NVDA Price Action: Nvidia shares trade at $947.80 versus a 52-week trading range of $298.06 to $974.00. Nvidia stock is up 91% year-to-date in 2024 and up over 210% in the last year.
- 05/20/2024
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Fidelis Insurance Group Announces Secondary Offering of its Common Shares
- PEMBROKE, Bermuda--(BUSINESS WIRE)--Fidelis Insurance Holdings Limited (NYSE:FIHL) (“Fidelis Insurance Group” or “FIHL”), a global specialty insurer, announced the launch of an underwritten secondary public offering (the “Offering”) of 9,000,000 common shares by certain of its shareholders (the “Selling Shareholders”). In connection with the Offering, the Selling Shareholders intend to grant the underwriters a 30-day option to purchase up to an additional 1,350,000 common shares of FIHL. Fidelis Insurance Group is not selling any common shares in the Offering and will not receive any of the proceeds from the sale of the common shares offered by the Selling Shareholders. Barclays, J.P. Morgan, and Goldman Sachs & Co. LLC are acting as Joint Lead Bookrunning Managers for the Offering. Evercore ISI, Citigroup, BMO Capital Markets, Keefe, Bruyette & Woods, A Stifel Company and UBS Investment Bank are acting as Joint Bookrunning Managers for the Offering. Citizens JMP and Dowling & Partners Securities, LLC are acting as Co-Managers for the Offering. The Offering will be made only by means of a prospectus. Copies of the preliminary prospectus, may be obtained from: Barclays Capital Inc. c/o Broadridge Financial Solutions, 115 Long Island Avenue Edgewood, NY 11717, by telephone at (888) 603-5847 or by email at Barclaysprospectus@broadridge.com; J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by telephone at (866) 471-2526 or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com; and Goldman Sachs & Co LLC, Attention: Registration Department, 200 West Street, New York, New York 10282, by telephone at (866) 471-2526 or by email at prospectus-ny@ny.gs.com. A registration statement relating to the Offering has been filed with the U.S. Securities and Exchange Commission, but has not yet become effective. The common shares may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy the common shares, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that state or jurisdiction. About Fidelis Insurance Group Fidelis Insurance Group is a global specialty insurer, leveraging strategic partnerships to offer innovative and tailored insurance solutions. We have a highly diversified portfolio focused on three segments: Specialty, Bespoke, and Reinsurance, which we believe allows us to take advantage of the opportunities presented by evolving (re)insurance markets, proactively shift our business mix across market cycles, and produce superior underwriting returns. CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS Certain statements contained in this press release constitute “forward-looking statements,” including with respect to the closing of the Offering, and are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1955. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and are subject to known and unknown risks and uncertainties, many of which are beyond management’s control. These statements involve risks and uncertainties that may cause Fidelis’ actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to rely on forward-looking statements, and, except as required by law, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, Fidelis assumes no obligation and does not intend to update or revise these forward-looking statements after the date of this press release, whether as a result of new information, future events, or otherwise.
- 05/20/2024
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JPM & GS Hit All-Time Highs Today
- “Succession timetable is not 5 years anymore,” notes JPM CEO Dimon. Pete Najarian discusses this as JPMorgan Chase (JPM) and Goldman Sachs (GS) each hit all-time highs today.
- 05/20/2024
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'The real AI darling': This data-center stock has beaten Nvidia by 310% since last year's blockbuster earnings
- Nvidia remains a kingpin trade amid the artificial intelligence frenzy, but investors too narrowly focused on GPU chips have missed out on an even more lucrative opportunity. In a new note, Bank of America notes that stock gains for Vertiv — which makes power and cooling equipment for data center — have outpaced Nvidia returns by a whopping 315 percentage points over the past year. They're starting the comparison on May 24, 2023, right after Nvidia's first blowout quarter, which set off the entire AI boom in stocks. To be exact, Vertiv has climbed 516% since the date, handily outpacing Nvidia's 211% gain. The benchmark S&P 500 has risen a comparatively paltry 29% over the same period. "Vertiv is the real AI darling," BofA wrote in a client note. BofA says Vertiv's stellar performance is representative of the AI rally broadening out to include an increasing range of sectors. Much of that stems from the advanced chips that power AI on — such as the ones Nvidia produces — requiring significantly more electricity to operate. That offers upside to industrials, utilities, and commodities, according to the firm. "GPUs need 2-2.5x more power than CPUs, and expected power usage for US data centers under construction is equivalent to more than 50% of the power currently used by US data centers," Bank of America wrote on Monday. "Power used by AI applications is expected to grow at a 25-33% CAGR over the next few years." Others, such as "Big Short" investor Steve Eisman, have pointed out that the boost to power usage also makes these GPUs considerably hotter, putting pressure on firms such as Vertiv to improve cooling systems in data centers. Eisman has long been a bull on US infrastructure. Aside from AI, he's betting that green policy will boost these sectors as well. As Nvidia gears up for its earnings season on Wednesday, expectations remain strong, Bank of America said. The company has also set its own bar high, judging from its last twelve months: it's added $1.5 trillion in market cap and trailing earnings per share have rocketed 617%. "But it's not just about NVDA anymore," the note said, adding: "Fundamentals are broadening out and so should the market: NVDA drove 37% of S&P earnings growth over the LTM (and 11% of return), but is expected to drive just 9% over the next 12 months." Previously, Goldman Sachs had similarly outlined broadening AI investment, characterizing Nvidia as the first of four phases. Eventually, utility investments will take over, at which point firms that can best integrate AI software start winning out.
- 05/20/2024
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Just in: Grayscale appoints new CEO as Michael Sonnenshein resigns
- Recent reports reveal Michael Sonnenshein has ended his decade-long relationship with Grayscale as he resigned from the role. Meanwhile, the company has appointed Goldman Sachs’s Peter Mintzberg as the new chief. BREAKING‼️: Grayscale CEO Michael Sonnenshein steps down. Grayscale names Peter Mintzberg from Goldman Sachs as new CEO. pic.twitter.com/bjQr5VJi3H— Swan (@Swan) May 20, 2024 Peter has worked at giants such as BlackRock and Apollo Global and held its current position for over 3.5 years. Sonnenshein’s legacies in Grayscale Investments Michael Sonnenshein’s leadership remains evident for everyone to see. Grayscale Investments transformed into a leading digital asset management company under his control. Sonnenshein led the movement that had the US Securities & Exchange Commission authorizing GBTC conversion into a spot Bitcoin exchange-traded funds. Further, he aided Grayscale in defeating the United States SEC. On his departure statement, Sonnenshein stated, “I would like to thank Barry Silbert for his vision and partnership and for entrusting me to lead Grayscale’s business. The crypto asset class is at an important inflection point and this is the right moment for a smooth transition.” Top players leaving the market The crypto world has seen massive changes since the 2021 bull rally, with prominent individuals quitting. Michael Sonnenshein has joined the likes of Changpeng Zhao, who resigned as Binance CEO amid intensified regulatory scrutiny. Also, FTX’s Sam-Bankman Fried will disappear in prison for years, whereas individuals such as Do Kwon and Zhu Su go down in history books. Also, market-moving firms like Celsius and Voyager are long gone, and market players will wait to see Grayscale Investment’s operations as Peter Mintzberg takes over as CEO in August. The post Just in: Grayscale appoints new CEO as Michael Sonnenshein resigns appeared first on Invezz
- 05/20/2024
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Goldman (GS) Plans to Expand Private Equity Credit Lines
- Goldman (GS) intends to expand its lending services to private equity and asset managers, capitalizing on a potentially thriving market driven by increased fundraising.
- 05/20/2024
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Earnings Growth & Price Strength Make Goldman Sachs (GS) a Stock to Watch
- Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.
- 05/20/2024
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Fairhaven Wealth Management LLC Decreases Position in JPMorgan Chase & Co. (NYSE:JPM)
- Fairhaven Wealth Management LLC cut its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 1.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,010 shares of the financial services provider’s stock after selling 383 shares during the quarter. JPMorgan Chase & Co. accounts for about 1.9% of Fairhaven Wealth Management LLC’s investment portfolio, making the stock its 11th largest holding. Fairhaven Wealth Management LLC’s holdings in JPMorgan Chase & Co. were worth $5,105,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Stone House Investment Management LLC lifted its stake in shares of JPMorgan Chase & Co. by 132.8% in the 4th quarter. Stone House Investment Management LLC now owns 156 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 89 shares during the period. Bare Financial Services Inc bought a new position in JPMorgan Chase & Co. in the fourth quarter worth $35,000. Partnership Wealth Management LLC purchased a new position in JPMorgan Chase & Co. during the fourth quarter valued at $36,000. Stuart Chaussee & Associates Inc. bought a new stake in shares of JPMorgan Chase & Co. during the 4th quarter valued at $40,000. Finally, Rakuten Securities Inc. purchased a new stake in shares of JPMorgan Chase & Co. in the 4th quarter worth about $44,000. Institutional investors own 71.55% of the company’s stock. Analysts Set New Price Targets Several analysts recently weighed in on JPM shares. Royal Bank of Canada restated an “outperform” rating and issued a $185.00 price target on shares of JPMorgan Chase & Co. in a research note on Wednesday, March 20th. Oppenheimer lowered their price target on JPMorgan Chase & Co. from $219.00 to $217.00 and set an “outperform” rating on the stock in a report on Monday, April 15th. The Goldman Sachs Group reiterated a “buy” rating on shares of JPMorgan Chase & Co. in a report on Thursday, February 1st. Piper Sandler lowered their target price on shares of JPMorgan Chase & Co. from $220.00 to $215.00 and set an “overweight” rating on the stock in a research note on Monday, April 15th. Finally, Wells Fargo & Company raised their price target on shares of JPMorgan Chase & Co. from $200.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, March 20th. Eight research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $192.05. Read Our Latest Research Report on JPM JPMorgan Chase & Co. Stock Performance Shares of NYSE JPM opened at $204.79 on Monday. The firm has a fifty day moving average price of $193.84 and a 200-day moving average price of $176.60. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.92 and a quick ratio of 0.92. The stock has a market cap of $588.09 billion, a PE ratio of 12.37, a price-to-earnings-growth ratio of 2.52 and a beta of 1.13. JPMorgan Chase & Co. has a 1 year low of $134.40 and a 1 year high of $205.05. JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last issued its earnings results on Friday, April 12th. The financial services provider reported $4.63 earnings per share for the quarter, topping the consensus estimate of $4.18 by $0.45. The company had revenue of $41.93 billion during the quarter, compared to the consensus estimate of $40.90 billion. JPMorgan Chase & Co. had a net margin of 20.05% and a return on equity of 17.79%. Equities analysts anticipate that JPMorgan Chase & Co. will post 16.22 earnings per share for the current fiscal year. JPMorgan Chase & Co. Increases Dividend The business also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, April 5th were paid a $1.15 dividend. The ex-dividend date was Thursday, April 4th. This represents a $4.60 annualized dividend and a yield of 2.25%. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. JPMorgan Chase & Co.’s payout ratio is presently 27.78%. Insider Buying and Selling at JPMorgan Chase & Co. In related news, insider Lori A. Beer sold 3,920 shares of the business’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $182.74, for a total value of $716,340.80. Following the sale, the insider now directly owns 44,996 shares in the company, valued at $8,222,569.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other JPMorgan Chase & Co. news, insider Lori A. Beer sold 3,920 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $182.74, for a total value of $716,340.80. Following the sale, the insider now owns 44,996 shares of the company’s stock, valued at approximately $8,222,569.04. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO James Dimon sold 821,778 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $182.73, for a total transaction of $150,163,493.94. Following the completion of the sale, the chief executive officer now directly owns 595,316 shares of the company’s stock, valued at approximately $108,782,092.68. The disclosure for this sale can be found here. Insiders sold 1,071,414 shares of company stock valued at $196,746,504 in the last 90 days. Insiders own 0.79% of the company’s stock. About JPMorgan Chase & Co. (Free Report) JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.
- 05/20/2024
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Laffer Tengler Investments Inc. Raises Holdings in JPMorgan Chase & Co. (NYSE:JPM)
- Laffer Tengler Investments Inc. lifted its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 5.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,698 shares of the financial services provider’s stock after acquiring an additional 2,416 shares during the period. JPMorgan Chase & Co. makes up approximately 2.0% of Laffer Tengler Investments Inc.’s portfolio, making the stock its 10th biggest position. Laffer Tengler Investments Inc.’s holdings in JPMorgan Chase & Co. were worth $7,603,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors also recently made changes to their positions in JPM. Stone House Investment Management LLC boosted its position in shares of JPMorgan Chase & Co. by 132.8% during the 4th quarter. Stone House Investment Management LLC now owns 156 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 89 shares in the last quarter. Bare Financial Services Inc acquired a new position in JPMorgan Chase & Co. during the 4th quarter worth approximately $35,000. Partnership Wealth Management LLC bought a new position in JPMorgan Chase & Co. in the fourth quarter worth approximately $36,000. Briaud Financial Planning Inc acquired a new stake in JPMorgan Chase & Co. in the third quarter valued at approximately $40,000. Finally, Stuart Chaussee & Associates Inc. bought a new stake in shares of JPMorgan Chase & Co. during the fourth quarter valued at approximately $40,000. 71.55% of the stock is owned by institutional investors and hedge funds. Wall Street Analyst Weigh In Several analysts recently issued reports on JPM shares. The Goldman Sachs Group reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Thursday, February 1st. Royal Bank of Canada reiterated an “outperform” rating and issued a $185.00 target price on shares of JPMorgan Chase & Co. in a report on Wednesday, March 20th. Wells Fargo & Company boosted their price target on shares of JPMorgan Chase & Co. from $200.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, March 20th. BMO Capital Markets dropped their target price on shares of JPMorgan Chase & Co. from $196.00 to $195.00 and set a “market perform” rating on the stock in a research report on Monday, April 15th. Finally, Evercore ISI upped their target price on JPMorgan Chase & Co. from $188.00 to $210.00 and gave the company an “outperform” rating in a report on Thursday, April 4th. Eight analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $192.05. Read Our Latest Report on JPMorgan Chase & Co. JPMorgan Chase & Co. Stock Performance NYSE JPM opened at $204.79 on Monday. The company’s 50 day simple moving average is $193.84 and its two-hundred day simple moving average is $176.60. The stock has a market capitalization of $588.09 billion, a PE ratio of 12.37, a P/E/G ratio of 2.52 and a beta of 1.13. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.92 and a quick ratio of 0.92. JPMorgan Chase & Co. has a 1 year low of $134.40 and a 1 year high of $205.05. JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last posted its earnings results on Friday, April 12th. The financial services provider reported $4.63 EPS for the quarter, topping the consensus estimate of $4.18 by $0.45. JPMorgan Chase & Co. had a return on equity of 17.79% and a net margin of 20.05%. The business had revenue of $41.93 billion during the quarter, compared to analysts’ expectations of $40.90 billion. Analysts predict that JPMorgan Chase & Co. will post 16.22 earnings per share for the current fiscal year. JPMorgan Chase & Co. Increases Dividend The company also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, April 5th were paid a dividend of $1.15 per share. The ex-dividend date of this dividend was Thursday, April 4th. This represents a $4.60 annualized dividend and a yield of 2.25%. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. JPMorgan Chase & Co.’s payout ratio is 27.78%. Insider Transactions at JPMorgan Chase & Co. In related news, insider Lori A. Beer sold 3,920 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $182.74, for a total value of $716,340.80. Following the completion of the sale, the insider now owns 44,996 shares in the company, valued at approximately $8,222,569.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, General Counsel Stacey Friedman sold 6,030 shares of JPMorgan Chase & Co. stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $182.73, for a total transaction of $1,101,861.90. Following the sale, the general counsel now owns 59,456 shares of the company’s stock, valued at approximately $10,864,394.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Lori A. Beer sold 3,920 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $182.74, for a total transaction of $716,340.80. Following the completion of the sale, the insider now owns 44,996 shares of the company’s stock, valued at $8,222,569.04. The disclosure for this sale can be found here. In the last three months, insiders sold 1,071,414 shares of company stock worth $196,746,504. 0.79% of the stock is currently owned by corporate insiders. JPMorgan Chase & Co. Company Profile (Free Report) JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.
- 05/20/2024
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NVIDIA Co. (NASDAQ:NVDA) Shares Sold by Lutz Financial Services LLC
- Lutz Financial Services LLC decreased its stake in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 13.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 641 shares of the computer hardware maker’s stock after selling 102 shares during the period. Lutz Financial Services LLC’s holdings in NVIDIA were worth $317,000 as of its most recent filing with the SEC. A number of other hedge funds have also bought and sold shares of NVDA. Lodestar Private Asset Management LLC increased its holdings in shares of NVIDIA by 1.0% during the fourth quarter. Lodestar Private Asset Management LLC now owns 1,652 shares of the computer hardware maker’s stock valued at $818,000 after purchasing an additional 17 shares during the period. JNBA Financial Advisors increased its stake in NVIDIA by 1.7% during the 4th quarter. JNBA Financial Advisors now owns 1,001 shares of the computer hardware maker’s stock valued at $496,000 after buying an additional 17 shares during the period. Campbell Newman Asset Management Inc. lifted its stake in shares of NVIDIA by 0.6% in the 4th quarter. Campbell Newman Asset Management Inc. now owns 2,991 shares of the computer hardware maker’s stock worth $1,481,000 after acquiring an additional 18 shares during the period. Kraft Davis & Associates LLC boosted its holdings in shares of NVIDIA by 0.6% in the fourth quarter. Kraft Davis & Associates LLC now owns 3,048 shares of the computer hardware maker’s stock valued at $1,509,000 after acquiring an additional 18 shares in the last quarter. Finally, IAG Wealth Partners LLC increased its stake in shares of NVIDIA by 4.4% during the fourth quarter. IAG Wealth Partners LLC now owns 430 shares of the computer hardware maker’s stock valued at $213,000 after acquiring an additional 18 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds. NVIDIA Price Performance NASDAQ NVDA opened at $924.79 on Monday. The stock has a 50-day simple moving average of $882.98 and a 200 day simple moving average of $687.42. NVIDIA Co. has a twelve month low of $298.06 and a twelve month high of $974.00. The stock has a market capitalization of $2.27 trillion, a PE ratio of 77.45, a P/E/G ratio of 1.31 and a beta of 1.75. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.67 and a current ratio of 4.17. NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings results on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.21 by $0.95. The company had revenue of $22.10 billion for the quarter, compared to analyst estimates of $20.40 billion. NVIDIA had a net margin of 48.85% and a return on equity of 93.61%. The business’s quarterly revenue was up 265.3% on a year-over-year basis. During the same period last year, the business posted $0.65 EPS. Research analysts anticipate that NVIDIA Co. will post 22.9 EPS for the current year. NVIDIA Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Wednesday, March 6th were issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.02%. The ex-dividend date was Tuesday, March 5th. NVIDIA’s payout ratio is 1.34%. Analyst Upgrades and Downgrades A number of equities analysts have issued reports on NVDA shares. Wells Fargo & Company increased their price target on NVIDIA from $970.00 to $1,150.00 and gave the company an “overweight” rating in a research note on Tuesday, May 14th. Wedbush restated an “outperform” rating and set a $1,000.00 target price on shares of NVIDIA in a report on Thursday. Citigroup upped their price target on NVIDIA from $820.00 to $1,030.00 and gave the company a “buy” rating in a report on Wednesday, March 20th. The Goldman Sachs Group raised their price objective on NVIDIA from $1,000.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Tuesday, May 7th. Finally, Wolfe Research boosted their target price on NVIDIA from $630.00 to $900.00 and gave the stock an “outperform” rating in a research report on Thursday, February 22nd. Four investment analysts have rated the stock with a hold rating, thirty-eight have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $966.55. Check Out Our Latest Analysis on NVDA Insiders Place Their Bets In other news, Director Mark A. Stevens sold 10,000 shares of the stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $797.57, for a total value of $7,975,700.00. Following the completion of the transaction, the director now directly owns 1,124,583 shares of the company’s stock, valued at approximately $896,933,663.31. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, Director Mark A. Stevens sold 10,000 shares of the stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $797.57, for a total transaction of $7,975,700.00. Following the completion of the sale, the director now owns 1,124,583 shares in the company, valued at approximately $896,933,663.31. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John Dabiri sold 128 shares of the business’s stock in a transaction dated Monday, March 25th. The shares were sold at an average price of $940.00, for a total transaction of $120,320.00. Following the completion of the transaction, the director now owns 2,055 shares in the company, valued at $1,931,700. The disclosure for this sale can be found here. Insiders sold a total of 61,278 shares of company stock worth $52,689,898 over the last quarter. Company insiders own 4.23% of the company’s stock. NVIDIA Profile (Free Report) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.
- 05/20/2024
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NVIDIA Co. (NASDAQ:NVDA) Shares Purchased by JNBA Financial Advisors
- JNBA Financial Advisors raised its holdings in NVIDIA Co. (NASDAQ:NVDA – Free Report) by 1.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,001 shares of the computer hardware maker’s stock after acquiring an additional 17 shares during the period. JNBA Financial Advisors’ holdings in NVIDIA were worth $496,000 at the end of the most recent quarter. Other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC boosted its position in shares of NVIDIA by 54,019.5% during the 4th quarter. International Assets Investment Management LLC now owns 16,866,869 shares of the computer hardware maker’s stock valued at $8,352,811,000 after acquiring an additional 16,835,703 shares during the last quarter. Vanguard Group Inc. raised its stake in NVIDIA by 1.1% during the third quarter. Vanguard Group Inc. now owns 203,680,199 shares of the computer hardware maker’s stock worth $88,598,850,000 after purchasing an additional 2,287,471 shares during the period. Dimensional Fund Advisors LP boosted its holdings in NVIDIA by 44.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 6,349,610 shares of the computer hardware maker’s stock valued at $3,144,490,000 after purchasing an additional 1,941,637 shares during the last quarter. California Public Employees Retirement System grew its stake in shares of NVIDIA by 31.8% in the 4th quarter. California Public Employees Retirement System now owns 7,477,385 shares of the computer hardware maker’s stock valued at $3,702,951,000 after buying an additional 1,805,763 shares during the period. Finally, J.P. Morgan Private Wealth Advisors LLC acquired a new stake in shares of NVIDIA during the 3rd quarter worth approximately $728,543,000. 65.27% of the stock is owned by hedge funds and other institutional investors. Wall Street Analysts Forecast Growth A number of research firms recently commented on NVDA. Piper Sandler upped their price objective on NVIDIA from $850.00 to $1,050.00 and gave the company an “overweight” rating in a report on Wednesday, March 20th. Wells Fargo & Company upped their price target on NVIDIA from $970.00 to $1,150.00 and gave the company an “overweight” rating in a research note on Tuesday, May 14th. The Goldman Sachs Group raised their price objective on NVIDIA from $1,000.00 to $1,100.00 and gave the stock a “buy” rating in a research report on Tuesday, May 7th. Raymond James upped their target price on shares of NVIDIA from $850.00 to $1,100.00 and gave the company a “strong-buy” rating in a research report on Thursday, April 11th. Finally, Piper Sandler Companies lifted their price target on shares of NVIDIA to $850.00 and gave the company an “overweight” rating in a research report on Friday, February 16th. Four equities research analysts have rated the stock with a hold rating, thirty-eight have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $966.55. Get Our Latest Stock Analysis on NVIDIA Insider Buying and Selling at NVIDIA In other NVIDIA news, Director Mark A. Stevens sold 22,700 shares of NVIDIA stock in a transaction that occurred on Friday, April 5th. The stock was sold at an average price of $879.97, for a total value of $19,975,319.00. Following the transaction, the director now directly owns 1,052,133 shares in the company, valued at approximately $925,845,476.01. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Mark A. Stevens sold 10,000 shares of NVIDIA stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $797.57, for a total value of $7,975,700.00. Following the sale, the director now owns 1,124,583 shares of the company’s stock, valued at $896,933,663.31. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Mark A. Stevens sold 22,700 shares of the stock in a transaction dated Friday, April 5th. The stock was sold at an average price of $879.97, for a total transaction of $19,975,319.00. Following the transaction, the director now directly owns 1,052,133 shares of the company’s stock, valued at $925,845,476.01. The disclosure for this sale can be found here. Insiders sold a total of 61,278 shares of company stock valued at $52,689,898 in the last ninety days. Insiders own 4.23% of the company’s stock. NVIDIA Trading Down 2.0 % NASDAQ:NVDA opened at $924.79 on Monday. The company has a quick ratio of 3.67, a current ratio of 4.17 and a debt-to-equity ratio of 0.20. NVIDIA Co. has a 52-week low of $298.06 and a 52-week high of $974.00. The stock’s 50 day moving average price is $882.98 and its 200 day moving average price is $687.42. The company has a market capitalization of $2.27 trillion, a PE ratio of 77.45, a P/E/G ratio of 1.31 and a beta of 1.75. NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its earnings results on Wednesday, February 21st. The computer hardware maker reported $5.16 EPS for the quarter, beating analysts’ consensus estimates of $4.21 by $0.95. NVIDIA had a net margin of 48.85% and a return on equity of 93.61%. The business had revenue of $22.10 billion for the quarter, compared to analysts’ expectations of $20.40 billion. During the same period in the previous year, the company posted $0.65 EPS. The company’s quarterly revenue was up 265.3% on a year-over-year basis. On average, research analysts anticipate that NVIDIA Co. will post 22.9 EPS for the current year. NVIDIA Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 6th were given a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.02%. The ex-dividend date was Tuesday, March 5th. NVIDIA’s dividend payout ratio (DPR) is presently 1.34%. NVIDIA Company Profile (Free Report) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.
- 05/20/2024
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Advisor OS LLC Has $6.28 Million Stock Holdings in NVIDIA Co. (NASDAQ:NVDA)
- Advisor OS LLC lessened its stake in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 4.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,680 shares of the computer hardware maker’s stock after selling 543 shares during the quarter. NVIDIA comprises 0.8% of Advisor OS LLC’s investment portfolio, making the stock its 22nd biggest holding. Advisor OS LLC’s holdings in NVIDIA were worth $6,279,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other large investors also recently made changes to their positions in the company. LFA Lugano Financial Advisors SA acquired a new position in shares of NVIDIA during the fourth quarter valued at about $28,000. Criterion Capital Advisors LLC acquired a new position in NVIDIA during the 4th quarter valued at about $28,000. Your Advocates Ltd. LLP bought a new stake in NVIDIA during the 3rd quarter worth approximately $30,000. Trivant Custom Portfolio Group LLC raised its stake in shares of NVIDIA by 44.1% in the third quarter. Trivant Custom Portfolio Group LLC now owns 98 shares of the computer hardware maker’s stock worth $43,000 after purchasing an additional 30 shares during the last quarter. Finally, O Brien Wealth Partners LLC lifted its holdings in shares of NVIDIA by 139.5% in the fourth quarter. O Brien Wealth Partners LLC now owns 91 shares of the computer hardware maker’s stock valued at $45,000 after purchasing an additional 53 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds. Insider Activity In related news, Director Mark A. Stevens sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $800.74, for a total value of $4,003,700.00. Following the completion of the sale, the director now owns 1,119,583 shares in the company, valued at approximately $896,494,891.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other NVIDIA news, Director Mark A. Stevens sold 5,000 shares of NVIDIA stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $800.74, for a total transaction of $4,003,700.00. Following the transaction, the director now directly owns 1,119,583 shares of the company’s stock, valued at $896,494,891.42. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mark A. Stevens sold 10,000 shares of the company’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $797.57, for a total transaction of $7,975,700.00. Following the completion of the sale, the director now directly owns 1,124,583 shares of the company’s stock, valued at approximately $896,933,663.31. The disclosure for this sale can be found here. In the last three months, insiders have sold 61,278 shares of company stock worth $52,689,898. 4.23% of the stock is currently owned by insiders. NVIDIA Trading Down 2.0 % Shares of NVIDIA stock opened at $924.79 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.17 and a quick ratio of 3.67. NVIDIA Co. has a 1 year low of $298.06 and a 1 year high of $974.00. The firm has a market cap of $2.27 trillion, a PE ratio of 77.45, a PEG ratio of 1.31 and a beta of 1.75. The company has a 50 day simple moving average of $882.98 and a two-hundred day simple moving average of $687.42. NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings data on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.21 by $0.95. NVIDIA had a net margin of 48.85% and a return on equity of 93.61%. The company had revenue of $22.10 billion during the quarter, compared to the consensus estimate of $20.40 billion. During the same period in the previous year, the firm posted $0.65 EPS. The firm’s revenue was up 265.3% compared to the same quarter last year. Analysts expect that NVIDIA Co. will post 22.9 earnings per share for the current fiscal year. NVIDIA Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Wednesday, March 6th were issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.02%. The ex-dividend date was Tuesday, March 5th. NVIDIA’s payout ratio is currently 1.34%. Analyst Upgrades and Downgrades Several equities research analysts recently issued reports on NVDA shares. JPMorgan Chase & Co. upped their price target on NVIDIA from $650.00 to $850.00 and gave the stock an “overweight” rating in a report on Thursday, February 22nd. Morgan Stanley increased their target price on shares of NVIDIA from $795.00 to $1,000.00 and gave the company an “overweight” rating in a report on Wednesday, April 10th. Wedbush reaffirmed an “outperform” rating and issued a $1,000.00 price objective on shares of NVIDIA in a research report on Thursday. Stifel Nicolaus reiterated a “buy” rating and issued a $910.00 price objective on shares of NVIDIA in a research note on Wednesday, March 20th. Finally, The Goldman Sachs Group boosted their target price on NVIDIA from $1,000.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Tuesday, May 7th. Four equities research analysts have rated the stock with a hold rating, thirty-eight have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $966.55. View Our Latest Stock Analysis on NVIDIA About NVIDIA (Free Report) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.
- 05/20/2024
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Pinnacle Wealth Planning Services Inc. Trims Position in NVIDIA Co. (NASDAQ:NVDA)
- Pinnacle Wealth Planning Services Inc. decreased its position in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 25.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 14,847 shares of the computer hardware maker’s stock after selling 4,959 shares during the quarter. NVIDIA makes up 1.1% of Pinnacle Wealth Planning Services Inc.’s holdings, making the stock its 13th largest holding. Pinnacle Wealth Planning Services Inc.’s holdings in NVIDIA were worth $7,353,000 at the end of the most recent quarter. Other hedge funds also recently bought and sold shares of the company. Sycomore Asset Management raised its position in shares of NVIDIA by 1.6% during the third quarter. Sycomore Asset Management now owns 69,222 shares of the computer hardware maker’s stock valued at $28,803,000 after buying an additional 1,102 shares during the last quarter. Arbor Capital Management Inc. ADV increased its holdings in NVIDIA by 9.0% in the 3rd quarter. Arbor Capital Management Inc. ADV now owns 570 shares of the computer hardware maker’s stock valued at $238,000 after acquiring an additional 47 shares during the last quarter. Dubuque Bank & Trust Co lifted its stake in NVIDIA by 80.5% in the 3rd quarter. Dubuque Bank & Trust Co now owns 1,769 shares of the computer hardware maker’s stock worth $769,000 after purchasing an additional 789 shares in the last quarter. Brady Family Wealth LLC boosted its holdings in shares of NVIDIA by 3.6% during the 3rd quarter. Brady Family Wealth LLC now owns 2,487 shares of the computer hardware maker’s stock valued at $1,082,000 after purchasing an additional 86 shares during the last quarter. Finally, ING Groep NV grew its position in shares of NVIDIA by 28.8% during the third quarter. ING Groep NV now owns 1,322,475 shares of the computer hardware maker’s stock valued at $575,263,000 after purchasing an additional 295,618 shares in the last quarter. Institutional investors own 65.27% of the company’s stock. Insider Buying and Selling at NVIDIA In other news, Director Mark A. Stevens sold 10,000 shares of the stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $797.57, for a total transaction of $7,975,700.00. Following the completion of the sale, the director now owns 1,124,583 shares in the company, valued at approximately $896,933,663.31. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, Director Mark A. Stevens sold 10,000 shares of the company’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $797.57, for a total transaction of $7,975,700.00. Following the transaction, the director now directly owns 1,124,583 shares of the company’s stock, valued at approximately $896,933,663.31. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Mark A. Stevens sold 12,000 shares of the firm’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $853.54, for a total value of $10,242,480.00. Following the completion of the sale, the director now directly owns 1,107,583 shares of the company’s stock, valued at approximately $945,366,393.82. The disclosure for this sale can be found here. Insiders sold a total of 61,278 shares of company stock worth $52,689,898 over the last three months. Corporate insiders own 4.23% of the company’s stock. NVIDIA Stock Performance Shares of NASDAQ:NVDA opened at $924.79 on Monday. The firm has a 50 day moving average of $882.98 and a 200 day moving average of $687.42. The company has a quick ratio of 3.67, a current ratio of 4.17 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $2.27 trillion, a price-to-earnings ratio of 77.45, a price-to-earnings-growth ratio of 1.31 and a beta of 1.75. NVIDIA Co. has a 52 week low of $298.06 and a 52 week high of $974.00. NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its quarterly earnings data on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share for the quarter, topping analysts’ consensus estimates of $4.21 by $0.95. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The firm had revenue of $22.10 billion during the quarter, compared to analysts’ expectations of $20.40 billion. During the same period in the prior year, the business posted $0.65 EPS. The firm’s quarterly revenue was up 265.3% on a year-over-year basis. On average, sell-side analysts predict that NVIDIA Co. will post 22.9 earnings per share for the current fiscal year. NVIDIA Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 6th were paid a dividend of $0.04 per share. The ex-dividend date was Tuesday, March 5th. This represents a $0.16 annualized dividend and a dividend yield of 0.02%. NVIDIA’s dividend payout ratio (DPR) is presently 1.34%. Analyst Upgrades and Downgrades A number of equities research analysts recently commented on NVDA shares. The Goldman Sachs Group increased their price target on NVIDIA from $1,000.00 to $1,100.00 and gave the company a “buy” rating in a research note on Tuesday, May 7th. Loop Capital started coverage on NVIDIA in a research report on Friday, February 16th. They set a “buy” rating and a $1,200.00 target price for the company. Sanford C. Bernstein boosted their price target on shares of NVIDIA from $700.00 to $1,000.00 and gave the stock an “outperform” rating in a research report on Thursday, February 22nd. Susquehanna reiterated a “positive” rating and set a $1,050.00 price objective on shares of NVIDIA in a research report on Thursday, April 4th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $910.00 target price on shares of NVIDIA in a report on Wednesday, March 20th. Four analysts have rated the stock with a hold rating, thirty-eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $966.55. Check Out Our Latest Analysis on NVIDIA NVIDIA Profile (Free Report) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications. See Also Five stocks we like better than NVIDIA Why Invest in Biotech Stocks Canada Goose Flies Higher Driven By DTC Growth Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness CVS Health Stock Has a Silver Lining Called Value What is Put Option Volume? Magnificent 7 Still Magnificent as the Halfway Mark Approaches?
- 05/20/2024
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4 Blue-Chip Stocks in Focus as Dow Hits New Milestone
- Stocks like The Goldman Sachs Group (GS), Amazon.com, Inc. (AMZN), American Express Company (AXP) and Microsoft Corporation (MSFT) are poised to gain from the Dow's ongoing rally.
- 05/20/2024
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Bedel Financial Consulting Inc. Has $5.25 Million Holdings in JPMorgan Chase & Co. (NYSE:JPM)
- Bedel Financial Consulting Inc. cut its stake in JPMorgan Chase & Co. (NYSE:JPM) by 3.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,882 shares of the financial services provider’s stock after selling 1,206 shares during the period. JPMorgan Chase & Co. makes up approximately 1.0% of Bedel Financial Consulting Inc.’s holdings, making the stock its 15th biggest position. Bedel Financial Consulting Inc.’s holdings in JPMorgan Chase & Co. were worth $5,253,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently bought and sold shares of the company. Stone House Investment Management LLC raised its stake in shares of JPMorgan Chase & Co. by 132.8% in the 4th quarter. Stone House Investment Management LLC now owns 156 shares of the financial services provider’s stock valued at $27,000 after buying an additional 89 shares in the last quarter. Bare Financial Services Inc bought a new position in JPMorgan Chase & Co. during the fourth quarter worth about $35,000. Partnership Wealth Management LLC acquired a new stake in JPMorgan Chase & Co. during the fourth quarter valued at approximately $36,000. Briaud Financial Planning Inc acquired a new position in shares of JPMorgan Chase & Co. in the 3rd quarter worth approximately $40,000. Finally, Stuart Chaussee & Associates Inc. bought a new position in shares of JPMorgan Chase & Co. during the 4th quarter worth approximately $40,000. 71.55% of the stock is currently owned by institutional investors and hedge funds. Analyst Upgrades and Downgrades JPM has been the subject of several recent analyst reports. Keefe, Bruyette & Woods increased their price objective on JPMorgan Chase & Co. from $182.00 to $195.00 and gave the stock a “market perform” rating in a research note on Friday, April 5th. Evercore ISI upped their price objective on shares of JPMorgan Chase & Co. from $188.00 to $210.00 and gave the stock an “outperform” rating in a research note on Thursday, April 4th. Morgan Stanley cut their target price on shares of JPMorgan Chase & Co. from $221.00 to $216.00 and set an “overweight” rating for the company in a research note on Monday, April 15th. Oppenheimer decreased their price target on JPMorgan Chase & Co. from $219.00 to $217.00 and set an “outperform” rating on the stock in a research report on Monday, April 15th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Thursday, February 1st. Eight investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $192.05. View Our Latest Research Report on JPMorgan Chase & Co. JPMorgan Chase & Co. Stock Up 1.1 % Shares of JPM stock opened at $204.79 on Monday. The firm’s fifty day moving average price is $193.84 and its two-hundred day moving average price is $176.60. JPMorgan Chase & Co. has a 1 year low of $134.40 and a 1 year high of $205.05. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 1.29. The firm has a market capitalization of $588.09 billion, a P/E ratio of 12.37, a PEG ratio of 2.52 and a beta of 1.13. JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last announced its quarterly earnings results on Friday, April 12th. The financial services provider reported $4.63 EPS for the quarter, beating analysts’ consensus estimates of $4.18 by $0.45. The firm had revenue of $41.93 billion during the quarter, compared to analysts’ expectations of $40.90 billion. JPMorgan Chase & Co. had a net margin of 20.05% and a return on equity of 17.79%. On average, equities analysts predict that JPMorgan Chase & Co. will post 16.22 EPS for the current fiscal year. JPMorgan Chase & Co. Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Friday, April 5th were issued a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date of this dividend was Thursday, April 4th. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. JPMorgan Chase & Co.’s payout ratio is currently 27.78%. Insider Transactions at JPMorgan Chase & Co. In related news, insider Robin Leopold sold 3,000 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $198.86, for a total transaction of $596,580.00. Following the completion of the sale, the insider now directly owns 44,113 shares of the company’s stock, valued at approximately $8,772,311.18. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, insider Robin Leopold sold 3,000 shares of the firm’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $198.86, for a total transaction of $596,580.00. Following the transaction, the insider now directly owns 44,113 shares of the company’s stock, valued at $8,772,311.18. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, General Counsel Stacey Friedman sold 6,030 shares of the business’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $182.73, for a total transaction of $1,101,861.90. Following the completion of the sale, the general counsel now directly owns 59,456 shares of the company’s stock, valued at approximately $10,864,394.88. The disclosure for this sale can be found here. Insiders sold a total of 1,071,414 shares of company stock worth $196,746,504 over the last quarter. Company insiders own 0.79% of the company’s stock. JPMorgan Chase & Co. Profile (Free Report) JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.
- 05/20/2024
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Take the Zacks Approach to Beat the Markets: Goldman Sachs, Rush Street Interactive, Atmus Filtration Technologies in Focus
- Last week, our time-tested methodologies served investors well in navigating the market. Check out some of our achievements from the past three months.
- 05/20/2024
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NVIDIA Co. (NASDAQ:NVDA) Shares Bought by McKinley Carter Wealth Services Inc.
- McKinley Carter Wealth Services Inc. lifted its holdings in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 18.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,541 shares of the computer hardware maker’s stock after purchasing an additional 241 shares during the quarter. McKinley Carter Wealth Services Inc.’s holdings in NVIDIA were worth $763,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of NVIDIA by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 203,680,199 shares of the computer hardware maker’s stock valued at $88,598,850,000 after purchasing an additional 2,287,471 shares during the last quarter. Northern Trust Corp grew its position in NVIDIA by 3.6% during the third quarter. Northern Trust Corp now owns 26,311,434 shares of the computer hardware maker’s stock valued at $11,445,211,000 after acquiring an additional 910,009 shares during the period. International Assets Investment Management LLC increased its stake in NVIDIA by 54,019.5% during the fourth quarter. International Assets Investment Management LLC now owns 16,866,869 shares of the computer hardware maker’s stock worth $8,352,811,000 after acquiring an additional 16,835,703 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of NVIDIA by 2.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 13,586,595 shares of the computer hardware maker’s stock worth $6,728,354,000 after purchasing an additional 388,851 shares during the period. Finally, Wellington Management Group LLP lifted its stake in shares of NVIDIA by 2.0% in the 3rd quarter. Wellington Management Group LLP now owns 10,544,759 shares of the computer hardware maker’s stock valued at $4,586,865,000 after purchasing an additional 209,085 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock. Insider Transactions at NVIDIA In other news, Director Mark A. Stevens sold 5,000 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $800.74, for a total transaction of $4,003,700.00. Following the transaction, the director now directly owns 1,119,583 shares of the company’s stock, valued at $896,494,891.42. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Mark A. Stevens sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $800.74, for a total value of $4,003,700.00. Following the completion of the sale, the director now directly owns 1,119,583 shares of the company’s stock, valued at approximately $896,494,891.42. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Donald F. Robertson, Jr. sold 450 shares of the firm’s stock in a transaction that occurred on Friday, March 22nd. The shares were sold at an average price of $911.62, for a total transaction of $410,229.00. Following the transaction, the insider now owns 49,815 shares in the company, valued at approximately $45,412,350.30. The disclosure for this sale can be found here. Over the last three months, insiders sold 61,278 shares of company stock worth $52,689,898. Company insiders own 4.23% of the company’s stock. Wall Street Analyst Weigh In A number of research analysts have weighed in on the stock. Raymond James lifted their price target on shares of NVIDIA from $850.00 to $1,100.00 and gave the company a “strong-buy” rating in a research report on Thursday, April 11th. Jefferies Financial Group assumed coverage on NVIDIA in a report on Monday, May 13th. They issued a “buy” rating and a $1,200.00 price target for the company. Mizuho raised their price objective on NVIDIA from $850.00 to $1,000.00 and gave the company a “buy” rating in a research report on Thursday, March 7th. The Goldman Sachs Group upped their target price on NVIDIA from $1,000.00 to $1,100.00 and gave the stock a “buy” rating in a research report on Tuesday, May 7th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $910.00 target price on shares of NVIDIA in a report on Wednesday, March 20th. Four research analysts have rated the stock with a hold rating, thirty-eight have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, NVIDIA currently has a consensus rating of “Moderate Buy” and a consensus price target of $966.55. Get Our Latest Stock Report on NVIDIA NVIDIA Price Performance Shares of NVDA opened at $924.79 on Monday. NVIDIA Co. has a 12 month low of $298.06 and a 12 month high of $974.00. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.17 and a quick ratio of 3.67. The stock has a fifty day moving average price of $882.98 and a 200 day moving average price of $687.42. The company has a market cap of $2.27 trillion, a P/E ratio of 77.45, a PEG ratio of 1.31 and a beta of 1.75. NVIDIA (NASDAQ:NVDA – Get Free Report) last released its quarterly earnings results on Wednesday, February 21st. The computer hardware maker reported $5.16 EPS for the quarter, topping the consensus estimate of $4.21 by $0.95. The business had revenue of $22.10 billion during the quarter, compared to analyst estimates of $20.40 billion. NVIDIA had a net margin of 48.85% and a return on equity of 93.61%. The company’s quarterly revenue was up 265.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.65 earnings per share. On average, research analysts forecast that NVIDIA Co. will post 22.9 earnings per share for the current year. NVIDIA Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Wednesday, March 6th were issued a dividend of $0.04 per share. The ex-dividend date of this dividend was Tuesday, March 5th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.02%. NVIDIA’s dividend payout ratio (DPR) is presently 1.34%. NVIDIA Company Profile (Free Report) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.
- 05/20/2024
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Principal Financial Group Inc. Sells 23,307 Shares of NVIDIA Co. (NASDAQ:NVDA)
- Principal Financial Group Inc. trimmed its stake in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 0.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,606,995 shares of the computer hardware maker’s stock after selling 23,307 shares during the quarter. NVIDIA comprises 1.1% of Principal Financial Group Inc.’s investment portfolio, making the stock its 8th biggest holding. Principal Financial Group Inc. owned 0.15% of NVIDIA worth $1,786,256,000 as of its most recent filing with the Securities and Exchange Commission. Several other hedge funds and other institutional investors also recently modified their holdings of NVDA. LFA Lugano Financial Advisors SA acquired a new stake in NVIDIA in the fourth quarter valued at about $28,000. Criterion Capital Advisors LLC acquired a new stake in shares of NVIDIA in the 4th quarter valued at approximately $28,000. Your Advocates Ltd. LLP purchased a new stake in shares of NVIDIA in the third quarter valued at approximately $30,000. Trivant Custom Portfolio Group LLC grew its holdings in NVIDIA by 44.1% during the third quarter. Trivant Custom Portfolio Group LLC now owns 98 shares of the computer hardware maker’s stock worth $43,000 after acquiring an additional 30 shares during the period. Finally, O Brien Wealth Partners LLC raised its position in NVIDIA by 139.5% in the fourth quarter. O Brien Wealth Partners LLC now owns 91 shares of the computer hardware maker’s stock worth $45,000 after acquiring an additional 53 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors. NVIDIA Stock Performance NASDAQ NVDA opened at $924.79 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.17 and a quick ratio of 3.67. NVIDIA Co. has a 1-year low of $298.06 and a 1-year high of $974.00. The firm has a market capitalization of $2.27 trillion, a P/E ratio of 77.45, a P/E/G ratio of 1.31 and a beta of 1.75. The business’s 50-day simple moving average is $882.98 and its 200-day simple moving average is $687.42. NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings results on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share for the quarter, beating analysts’ consensus estimates of $4.21 by $0.95. NVIDIA had a net margin of 48.85% and a return on equity of 93.61%. The firm had revenue of $22.10 billion for the quarter, compared to analysts’ expectations of $20.40 billion. During the same period in the previous year, the company posted $0.65 earnings per share. NVIDIA’s revenue was up 265.3% compared to the same quarter last year. Equities analysts predict that NVIDIA Co. will post 22.9 EPS for the current year. NVIDIA Announces Dividend The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 6th were issued a $0.04 dividend. The ex-dividend date of this dividend was Tuesday, March 5th. This represents a $0.16 annualized dividend and a yield of 0.02%. NVIDIA’s dividend payout ratio is currently 1.34%. Insider Buying and Selling at NVIDIA In other news, insider Donald F. Robertson, Jr. sold 450 shares of the stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of $911.62, for a total value of $410,229.00. Following the completion of the sale, the insider now owns 49,815 shares in the company, valued at $45,412,350.30. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other NVIDIA news, Director Mark A. Stevens sold 10,000 shares of the business’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $797.57, for a total value of $7,975,700.00. Following the transaction, the director now owns 1,124,583 shares in the company, valued at approximately $896,933,663.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Donald F. Robertson, Jr. sold 450 shares of the company’s stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of $911.62, for a total transaction of $410,229.00. Following the completion of the transaction, the insider now directly owns 49,815 shares of the company’s stock, valued at $45,412,350.30. The disclosure for this sale can be found here. Insiders have sold 61,278 shares of company stock valued at $52,689,898 over the last three months. 4.23% of the stock is owned by company insiders. Analysts Set New Price Targets A number of research firms have recently weighed in on NVDA. Sanford C. Bernstein upped their price target on shares of NVIDIA from $700.00 to $1,000.00 and gave the stock an “outperform” rating in a research note on Thursday, February 22nd. Jefferies Financial Group assumed coverage on shares of NVIDIA in a report on Monday, May 13th. They issued a “buy” rating and a $1,200.00 target price for the company. The Goldman Sachs Group boosted their price target on NVIDIA from $1,000.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Tuesday, May 7th. Wolfe Research upped their price target on NVIDIA from $630.00 to $900.00 and gave the stock an “outperform” rating in a report on Thursday, February 22nd. Finally, Susquehanna reaffirmed a “positive” rating and set a $1,050.00 price objective on shares of NVIDIA in a report on Thursday, April 4th. Four investment analysts have rated the stock with a hold rating, thirty-eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $966.55. Check Out Our Latest Research Report on NVDA About NVIDIA (Free Report) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.
- 05/20/2024
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4 Reasons to Add Goldman (GS) Stock to Your Portfolio Now
- Goldman's (GS) focus on its core strengths of investment banking and trading operations, and efforts to pivot from the consumer banking business will likely drive durable revenues.
- 05/17/2024
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5 Stocks Powering the Dow ETF Year to Date
- The Dow Jones touched the milestone of 40,000 for the first time on strong corporate earnings and renewed bets for rate cuts. We have highlighted five ETFs that have been leading the way higher this year.
- 05/17/2024
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These two companies helped the Dow cross 40,000
- The Dow Jones (^DJI) hit 40,000 for the first time in history on Thursday. Yahoo Finance's Josh Schafer joins The Morning Brief to analyze the history of the index and its top stocks.
- 05/17/2024
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Here are some of the tech stocks Daniel Loeb's Third Point hedge fund has snapped up
- Daniel Loeb's Third Point hedge fund has gone deeper into stocks of major tech companies, a filing with the Securities and Exchange Commission showed late Wednesday.
- 05/15/2024
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Soros Fund Management dissolves stake in NYCB, buys Goldman Sachs shares
- Soros Fund Management has dissolved its share stake in embattled lender New York Community Bancorp in the first quarter of 2024, a regulatory filing showed on Wednesday.
- 05/15/2024
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Are You Looking for a High-Growth Dividend Stock?
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 05/15/2024
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Goldman Sachs hires from rivals to expand in mid-market deals
- Goldman Sachs told Reuters it has hired two investment bankers, Kerry Burke and Eddie Rubin, from Evercore and Lazard , respectively, as part of a push to double down on its business that focuses on advising on deals worth up to $2 billion.
- 05/15/2024
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Goldman's Waldron Talks Private Credit, M&A and Deficit
- Goldman Sachs President and COO John Waldron says the rise in good credit is good for the economy and discusses the state of the private credit market, M&A activity and the economic impact of fiscal and monetary policies with Sonali Basak on Bloomberg Television. -------- More on Bloomberg Television and Markets Like this video?
- 05/14/2024
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Goldman's Minnis Says Deals Are Starting to Pick Up
- "There's a lot of capital chasing a few transactions, which for the issuer is terrific," Christina Minnis, Goldman Sachs head of global acquisition finance, says during an interview on Bloomberg Television.
- 05/14/2024
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Goldman to Debut Gulf-Focused Investment Strategies
- Goldman Sachs Group Inc. Asset and Wealth Management Global Head Marc Nachmann says the bank is planning to launch several investment strategies that will allow the firm and its wealthy clients to deploy capital in the Gulf's public markets. “We think there's interesting opportunities for us to invest in the region, have international investors come here as well," Nachmann said on the sidelines of the Qatar Economic Forum.
- 05/14/2024
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3 reasons why Goldman Sachs is the 'pure investment bank' play
- The banking sector is in a unique time and place as investors navigate economic conditions, such as higher for longer interest rates held by the Federal Reserve. As part of Good Buy or Goodbye, Infrastructure Capital Advisors CEO Jay Hatfield joins Yahoo Finance's Julie Hyman in-studio to highlight the investment opportunities found in financial institutions, namely Goldman Sachs (GS) Goldman is Hatfield's champion among investment banks, pointing to its year-to-date outperformance, its position as a derivative AI play, and IPO market forecasts.
- 05/13/2024
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Goldman Sachs CEO Solomon Is Confident in Strategy
- Goldman Sachs CEO David Solomon says he is confident about the Wall Street giant's strategy. “When times are good, things feel good,” Solomon told Bloomberg's Jonathan Ferro during an interview in Versailles, France.
- 05/13/2024
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Goldman's Solomon on France, Markets and Growth Strategy
- Goldman Sachs Chair and CEO David Solomon discusses France becoming more business friendly, the outlook for IPO and M&A activity, and his concerns about US debt and deficits. Speaking with Jonathan Ferro at the “Choose France” summit in Versailles, France, Solomon also comments on Goldman Sachs' growth prospects and strategy.
- 05/13/2024
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The 3 Best Dow Stocks to Buy in May 2024
- The Dow Jones Industrial Average is on a hot streak, rising each of the first nine days of May. According to Barron's, only three of the index's 30 components — Intel (NASDAQ: INTC ), Disney (NYSE: DIS ) and McDonald's (NYSE: MCD ) — dropped in that time.
- 05/13/2024
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Top 3 Blue-Chip Picks as Dow Posts an Eight-Day Winning Run
- We have narrowed our search to three Dow stocks that have strong earnings growth potential for 2024. These are: AMZN, GS, CRM.
- 05/13/2024
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Ajax Therapeutics Raises $95 Million Series C Financing To Advance First-in-Class Type II JAK2 Inhibitor, AJ1-11095, Into The Clinic
- NEW YORK & CAMBRIDGE, Mass.--(BUSINESS WIRE)--Ajax Therapeutics, Inc., a biopharmaceutical company developing next generation JAK inhibitors for patients with myeloproliferative neoplasms (MPNs), today announced the closing of an oversubscribed $95 million Series C financing. Proceeds from the financing will be used to support the clinical development of Ajax's first-in-class Type II JAK2 inhibitor, AJ1‑11095, for the treatment of myelofibrosis, as well as advancing the company's pipeline of tr.
- 05/13/2024
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Betterment CEO Sarah Levy talks acquiring Marcus Invest digital accounts from Goldman Sachs
- Sarah Levy, Betterment CEO, joins 'Closing Bell Overtime' to discuss the recently announced deal to acquire digital accounts of Marcus Invest from Goldman Sachs.
- 05/10/2024
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Goldman Sachs Hits All-Time High. The Winning Streak Continues.
- Investors have been rewarding the investment bank this spring.
- 05/10/2024
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5 Stocks Driving Dow's Market-Beating Performance
- Dow Jones outperforms at the start of May as the market rally broadens and reconstruction of the index finally pays off.
- 05/10/2024
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May's Top Dividend Moves: The 3 Best Income Stocks to Buy Now
- As May 2024 kicks off, investors are keen on bolstering their portfolios with the best dividend stocks to buy now. These stocks represent companies that regularly distribute a portion of their profits to shareholders.
- 05/10/2024
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Bixby Land Company Announces Closing of Bixby Industrial Fund I
- NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Bixby Land Company recently closed its newly established Bixby Industrial Fund I, a continuation fund that offered existing investors liquidity while extending duration for a portfolio of five industrial properties located in California, Arizona and Georgia totaling more than 836,000 square feet of leasable space all of which are 100% leased. Vintage Strategies at Goldman Sachs Alternatives and an Ares Management Real Estate Secondaries fund are equity in.
- 05/09/2024
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Goldman Sachs President on U.S.-China relation: Series of engagements have been 'productive'
- John Waldron, Goldman Sachs president and COO, joins CNBC's 'Money Movers' to discuss IPO markets, government spending, competition with China, and more.
- 05/09/2024
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Dow's 40,000 on the Way: 3 Blue Chip Stocks to Buy Now
- As the Dow continues to scale upward, it's prudent to invest in stocks such as Amazon (AMZN), Goldman Sachs (GS), and Salesforce (CRM) that are listed on the said index and are financially sound.
- 05/09/2024
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Why Investors Need to Take Advantage of These 2 Finance Stocks Now
- Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
- 05/08/2024
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3 Investment Banks to Buy on Flourishing Industry Prospects
- Rebound in IB business on the back of clarity on the macroeconomic backdrop and a decent trading performance will support the Zacks Investment Bank industry players like Morgan Stanley (MS), Goldman (GS) and Piper Sandler (PIPR).
- 05/08/2024
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Goldman Sachs names ex-Dallas Fed chief Robert Kaplan as vice chairman
- Goldman Sachs appointed the former president of the Federal Reserve Bank of Dallas, Robert Kaplan, as its vice chairman on Tuesday. Kaplan's new role at the David Solomon-led Wall Street behemoth adds an influential former policymaker and Goldman alum to its management committee.
- 05/08/2024
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Bill Hwang lost $35 billion in a spectacular trading implosion. Now, prosecutors will try to prove it was a crime.
- When it all came apart for Bill Hwang, his $35 billion family office went bust, the stock prices for several major media and technology firms slumped and several big banks were out billions of dollars.
- 05/08/2024
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These are the potential ‘shock' scenarios around next week's inflation data, says Goldman Sachs
- Sell in May and go away? Hope you didn't.
- 05/08/2024
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3 Bank Stocks to Buy Hand Over Fist in May
- Citigroup is undergoing a restructuring and trades at a deep discount to book value. Goldman Sachs stands to benefit from a rebound in initial public offerings and debt underwriting.
- 05/08/2024
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The 3 Most Undervalued Dow Stocks to Buy in May 2024
- The Dow Jones Industrial Average is an index comprised of 30 blue-chip stocks that are meant to serve as a cross-section of the U.S. economy. Owing to its composition of established blue-chip names, the Dow tends to grow at a slower pace than either the benchmark S&P 500 index or the technology-laden Nasdaq index.
- 05/07/2024
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Goldman Sachs CEO David Solomon says AI ‘is something that people are going to have to think very strategically about'
- Goldman Sachs Group Inc. Chief Executive David Solomon sees ample opportunity for the investment bank to profit from artificial intelligence, both through deal-making as well as in its internal operations.
- 05/06/2024
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Goldman Sachs (GS) is a Great Momentum Stock: Should You Buy?
- Does Goldman Sachs (GS) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 05/06/2024
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Goldman Sachs CEO David Solomon on whether AI will cut jobs
- Goldman Sachs CEO David Solomon joins ‘Squawk on the Street' to discuss the company's AI strategy, M&A, and company outlook.
- 05/06/2024
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Goldman (GS) Is Considered a Good Investment by Brokers: Is That True?
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 05/06/2024
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Buy 1 Dog Of The Dow In May; See 4 More Play
- "The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors. Sector representation.is also a consideration.”–DowJones&Co. The highest-yield 10 stocks are May's Dogs of the Dow: HD, KO, AMGN, JNJ, CSCO, IBM, CVX, DOW, MMM, and VZ. They now average a 4.17% annual yield, as prices. Thirty Dow stocks represent nine of eleven sectors. DowJones tracks utilities as a separate index and omits real estate. Broker top-ten target-estimated May net-gains ranged 17.6%-38%, topped by INTC 5/1/24.
- 05/05/2024
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Why Goldman (GS) Might be Well Poised for a Surge
- Goldman (GS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 05/03/2024
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Goldman Sachs settles lawsuit that alleged violations in platinum and palladium trading
- Goldman Sachs Group Inc. has reached a settlement in a 2014 class-action lawsuit that alleged illegal activity in platinum and palladium trading, according to a Friday filing.
- 05/03/2024
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Goldman Sachs UK staff gear up for bumper bonus season as cap is lifted
- Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) is set to revamp compensation for its top London-based employees by removing bonus caps, aligning with practices in other major global financial centres. This shift, first reported by Sky News, follows the UK's decision to discard EU-imposed limits on bonuses, a move designed to enhance the competitiveness of the British financial sector.
- 05/03/2024
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Goldman Sachs scraps bonus cap for top London-based staff
- Goldman Sachs is removing a cap on bonuses for London-based staff, paving the way for it to resume making multimillion pound payouts to its best-performing traders and dealmakers.
- 05/02/2024
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Is Trending Stock The Goldman Sachs Group, Inc. (GS) a Buy Now?
- Goldman (GS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 05/01/2024
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Seven bank-stock picks as industry nears ‘positive inflections'
- There are always doom-and-gloom warnings in the financial media that the stock market is headed for a tumble, regardless of market conditions. These days, some warnings center on stock valuations appearing to be high relative to expected earnings compared to historical levels.
- 04/30/2024
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Goldman Sachs in talks with Barclays to take over GM credit card business: WSJ
- Goldman Sachs Group Inc. is in talks with Barclays about transferring its General Motors credit-card business as it continues its move away from the consumer lending business, The Wall Street Journal reported Tuesday.
- 04/30/2024
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Report: Goldman Could Hand off GM Card to Barclays
- Goldman Sachs is reportedly closer to exiting its General Motors credit card business. The banking giant is in discussions with Barclays to transfer the issuance of the cards, the latest in its long-term project to move away from consumer lending, the Wall Street Journal (WSJ) reported Tuesday (April 30).
- 04/30/2024
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Goldman in talks to unload GM credit-card partnership to Barclays, WSJ reports
- Goldman Sachs is in talks to transfer its General Motors credit-card program to Barclays , the Wall Street Journal reported on Monday, citing people familiar with the matter.
- 04/29/2024
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Goldman in Talks to Unload GM Credit-Card Partnership to Barclays
- The deal including roughly $2 billion of card balances could be struck by summer.
- 04/29/2024
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Why Goldman Sachs (GS) is a Great Dividend Stock Right Now
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 04/29/2024
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A US Senator Just Sold This Banking Stock
- In mid-April, Texas Senator Ted Cruz sold shares of Wall Street bank Goldman Sachs (NYSE: GS) when the stock was trading at $400 per share.
- 04/28/2024
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Goldman Sachs riding wave of success in red state Utah as CEO David Solomon fights woke woe
- To hear it from his handlers at Goldman Sachs, CEO David Solomon is having quite a moment these days.
- 04/27/2024
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5 Reasons Chinese Equities Have Bottomed
- A shift in government policy and four other bullish signals indicate that the bottom is likely in for Chinese stocks.
- 04/24/2024
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Goldman Sachs Group, Inc. (GS) Annual Shareholders Meeting Call Transcript
- Goldman Sachs Group, Inc. (NYSE:GS ) Annual Shareholders Meeting Conference Call April 24, 2024 10:30 AM ET Company Participants Kathryn Ruemmler - The Goldman Sachs Group David Solomon - The Goldman Sachs Group Conference Call Participants Luke Perlot - National Legal and Policy Center Dan Chu - Sierra Club Foundation Amna Khan - New York City Comptroller Simon Doong - Presbyterian Church (USA) & Portico Benefit Services Ryan Shadi - National Center Public Policy Research David Solomon Good morning, everybody. Welcome. I'm David Solomon, the Chairman and CEO of Goldman Sachs.
- 04/24/2024
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Goldman Sachs, Bank of America shareholders reject plan to split CEO, chair roles
- At Goldman's annual shareholder meeting, the proposal by the conservative-leaning National Legal and Policy Center garnered 33% of shareholder votes, according to a preliminary tally, compared with 16% last year.
- 04/24/2024
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Goldman Sachs: US stocks pullback not over yet
- Although the declines in the United States stock market seem to be slowing down, analysts at Goldman Sachs (NYSE: GS), particularly the global investment banking giant's tactical specialist Scott Rubner, believe that the pullback is far from over and more dips could be in store.
- 04/24/2024
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3 Stocks to Buy Today as Investment Banking Rebounds
- Investment banks have struggled from sluggish IPO and debt issuance markets during the past two years. Improving sentiment and increased appetite for risk could help IPO activity rebound in 2024.
- 04/23/2024
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Goldman Sachs to Sell Marcus Invest Accounts to Betterment
- Independent digital investment advisor Betterment has reached an agreement with Goldman Sachs to acquire the digital investment accounts of Marcus Invest. Subject to customary closing conditions, those accounts will be transferred to Betterment around June 29, the companies said in a Monday (April 22) press release.
- 04/22/2024
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Goldman Exits Robo-Investing in Betterment Deal for Marcus
- Goldman Sachs is closing down its automated-investing business for the masses after striking a deal with Betterment to transfer clients and their assets from the unit known as Marcus Invest. Sridhar Natarajan reports on Bloomberg Television.
- 04/22/2024
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3 Cheap Stocks That Shouldn't Be So
- Certain stocks fall out of favor once every business cycle, whether for actual justifiable reasons or because of plain overlooking. Markets can get busy and caught up with sectors that make the most noise, such as the U.S. technology sector, which has been taken to all-time highs by names like Nvidia Co. NASDAQ: NVDA.
- 04/22/2024
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S&P 500 Tanks, Earnings Soar: 2 Buy-The-Dip Dividend Growth Stocks
- S&P 500 experienced a chaotic week, eroding progress made in January 2022, I update my views on my prior market prediction. Earnings season off to a strong start, with the majority of firms beating analyst estimates, particularly in the financial sector. Two top picks for the rest of the year are given, which have shown superior earnings performance, and have macro tailwinds going forward.
- 04/22/2024
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U.S. stock market erases $1.3 trillion in a week; What's next for investors?
- For the most part, U.S. stocks were trading at a fever pitch throughout the first quarter of 2024, only to enter a deep and violent correction in April.
- 04/22/2024
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Top Wall Street analysts pick these 3 dividend stocks for higher returns
- TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Cisco Systems and Goldman Sachs.
- 04/21/2024
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Goldman Sachs: Continues To Offer Enormous Valuation Opportunity
- Earnings Surge: Goldman Sachs beat Q1 2024 EPS estimates by 33%. Valuation: Using a residual earnings model, I concluded that the stock is undervalued by 30.6%, with a future price projection indicating an 8.3% annual return. Market Position: Holding second place in investment banking with a 6.7% market share, Goldman Sachs remains competitive against peers.
- 04/20/2024
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Big banks have been a bright spot in tough week for markets
- New bond deals totaling about $28.5 billion were issued by four of the nation's six largest banks: JP Morgan Chase & Co. JPM, +1.82%, Wells Fargo & Co. WFC, +2.77%, Goldman Sachs Group Inc. GS, +0.45% and Morgan Stanley MS, +0.91%, according to Kenneth Jacques, head of U.S. credit at Informa Global Markets.
- 04/19/2024
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Load Up ASAP: 3 Dow Stocks to Buy Before They Rocket in 2024
- The Dow Jones Industrial Average continues to underperform the S&P 500 in 2024. This gives investors a great opportunity for cheap dow stocks to buy.
- 04/19/2024
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The 3 Best Bank Stocks to Buy on Q1 Earnings Results
- First quarter earnings from the big banks are out, and the results, while mixed, were overall positive. The consensus view coming out of the Q1 prints is that the big U.S. banks are in good shape after two difficult years.
- 04/18/2024
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Recession-Proof Riches: 3 Stocks That Thrive in Any Economy
- Finding reliable assets is crucial in the current unstable environment. Even amid economic uncertainty, certain equities hold their value and offer steady returns.
- 04/18/2024
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Wall Street Analysts See Goldman (GS) as a Buy: Should You Invest?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 04/18/2024
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Want to Double Your Tax Refund in 2024? 7 Stocks to Buy Now.
- Tax refunds are landing in bank accounts and mailboxes across America, giving people some extra money to play with. As of the federal income tax deadline of April 15, the Internal Revenue Service (IRS) has issued $201 billion worth of tax refunds.
- 04/18/2024
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3 Steel Stocks Could Soar on New China Tariffs
- A new business cycle is underway for the United States economy, and the manufacturing sector could be in play. This time, it isn't only Wall Street pushing the bets forward but also the current administration's attempt to onshore some global steel and aluminum manufacturing jobs.
- 04/18/2024
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Fear dominates the stock market for the first time in 5 months
- Investor sentiment has undergone a notable shift as uncertainty tightens its grip on the stock market, marking a departure from the prevailing optimism of recent months.
- 04/17/2024
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Bank ETFs in Focus on Mixed Q1 Earnings
- While most big banks beat on both lines in the first-quarter earnings season, higher rates may weigh on the financial ETFs over the medium term.
- 04/17/2024
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Time to Buy Goldman Sachs (GS) Stock After Strong Q1 Results?
- On Monday, strong first quarter results from Goldman Sachs (GS) served as a nod to the notion that investment banking is strengthening.
- 04/16/2024
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Bank deposits are 'the bogeyman' that could be a long-term problem, analyst says
- Bank of America (BAC) and Morgan Stanley (MS) were the latest Big Bank stocks to report first-quarter earnings on Tuesday. Both topped earnings and revenue estimates, a trend consistent for major financial players who have reported earnings so far.
- 04/16/2024
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Retail Investors Can Follow Goldman Sachs' Moves This Quarter
- The most expected time of the quarter is here. Earnings season for financial stocks has kicked off, letting investors gain insight into the pulse of the global financial markets.
- 04/16/2024
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Bank earnings: Goldman Sachs is 'off to a good start,' analyst says on Q1 results
- As banks post their first quarter reports, Barclays Senior Equity Analyst Jason Goldberg joins Market Domination to share his call on Goldman Sachs' (GS) first quarter report — its "cleanest in a while." Goldberg explains that Goldman Sachs' improvements come as the company has "narrowed its ambitions" in the consumer space.
- 04/15/2024
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GS, META, GOOGL: Stocks to Watch
- Stocks are pulling back from earlier highs. Pete Najarian discusses the Fed's fight against inflation.
- 04/15/2024
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Goldman was 'best of breed' in Q1 for capital markets, says Wells Fargo's Mayo
- Mike Mayo, Wells Fargo managing director, joins 'Closing Bell' to discuss Mayo's thoughts on Goldman Sachs post-earnings, the overall bank sector, and more.
- 04/15/2024
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Goldman Sachs stock makes a 'ton of sense' after Q1 earnings, strategist says
- Goldman Sachs (GS) reported first quarter earnings, beating analyst expectations on both the top and bottom lines. UBS's US Brokers and Asset Managers Analyst Brennan Hawken joins Yahoo Finance to discuss why Goldman Sachs stock "makes a ton of sense" for investors.
- 04/15/2024
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Goldman Sachs (GS) Crushes Earnings & Apple (AAPL) iPhone Shipments Drop
- Goldman Sachs (GS) rises after 1Q earnings crush estimates. It's adjusted EPS came in at $11.58 versus an estimated $8.54 and revenue came in at $14.21B versus an estimated $12.89B.
- 04/15/2024
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Goldman Earnings: Consumer Loan Net Charge-Offs Reach 8.4%
- Goldman Sachs posted earnings on Monday (April 15) that illuminated a continued focus on Wall Street activities, while the firm continues to exit consumer-related banking activities.
- 04/15/2024
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Goldman (GS) Q1 Earnings Beat Estimates, Revenues Rise Y/Y
- Goldman's (GS) Q1 earnings reflect higher revenues in all segments. However, challenges emerge with higher expenses and provisions.
- 04/15/2024
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Why Are Stocks Up Today?
- Stocks are up today and investors wondering what's behind that rally have come to the right place as we have the latest news for Monday! Stocks are up today as retail data came in better than expected.
- 04/15/2024
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Retail Sales, Goldman Sachs Outperform Expectations
- Today's Retail Sales headline more than doubled expectations: +0.7% from the +0.3% consensus estimate.
- 04/15/2024
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Goldman CEO expects AI to create financing boom due to demand for infrastructure
- Goldman Sachs is expecting the development of artificial-intelligence technologies to create strong demand for infrastructure that will require financing and thus become a major tailwind for its business.
- 04/15/2024
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Oppenheimer's Chris Kotowski breaks down Goldman Sachs' Q1 earnings
- Chris Kotowski, Oppenheimer analyst, joins 'Squawk on the Street' to discuss Goldman Sachs' quarterly earnings results, how the bank measures with competition, and what to expect from the financials going forward.
- 04/15/2024
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Goldman Sachs Stock Surges as Investment Banking Boosts Earnings Above Estimates
- Shares of Wall Street banking giant Goldman Sachs (GS) surged more than 4% in intraday trading Monday following the release of a first-quarter earnings report that handily beat analyst expectations on the back of booming investment banking revenue.
- 04/15/2024
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Why Goldman Sachs (GS) is a Top Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.
- 04/15/2024
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Compared to Estimates, Goldman (GS) Q1 Earnings: A Look at Key Metrics
- While the top- and bottom-line numbers for Goldman (GS) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 04/15/2024
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Options Bulls Blast Goldman Sachs Stock After Earnings
- Options traders are loading up on Goldman Sachs Group Inc (NYSE:GS) today, following the blue-chip bank's trip to the earnings confessional.
- 04/15/2024
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Goldman Sachs reports surprise profit surge thanks to strong trading, dealmaking
- Goldman Sachs recorded a 28% surge in quarterly profits — topping Wall Street's expectations thanks to surprising strength in the bank's trading and investment banking operations. The Wall Street giant said Monday its first quarter earnings jumped to $4.13 billion.
- 04/15/2024
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Wall Street Powers Goldman to Higher Quarterly Earnings
- Revenue from investment banking and trading, the bank's traditional powerhouses, surged.
- 04/15/2024
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Gold price going still higher in uncertain times, says Goldman Sachs
- Gold recent resurgence has further to run according to Goldman Sachs, which has upped its price target for the year end to US$2,700 per ounce from US$2,300 previously. Traditionally, gold's valuation has been closely linked to real interest rates, growth expectations, and the strength of the US dollar, sys the broker.
- 04/15/2024
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Goldman Sachs (GS) Q1 Earnings and Revenues Top Estimates
- Goldman Sachs (GS) came out with quarterly earnings of $11.58 per share, beating the Zacks Consensus Estimate of $8.54 per share. This compares to earnings of $8.79 per share a year ago.
- 04/15/2024
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KBW CEO Michaud Sees Accelerated Bank Earnings in 2025
- KBW CEO Tom Michaud examines first-quarter bank earnings, including firms' balance sheet advantage over non-banks and the bull case for an acceleration in bank earnings.
- 04/15/2024
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Wall Street to open higher, Goldman Sacks beats forecasts
- Futures contracts have US stocks tipped to open higher today after Wall Street ended last week on a bum note due to lacklustre performances from Big Bank stocks. However, things could turn in the right direction today as Goldman Sachs smashed expectations for first-quarter revenues and earnings, with its trading teams delivering record numbers.
- 04/15/2024
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Dow Jones Today: Stock Futures Rise as Goldman Earnings Surge, Oil Retreats
- U.S. stock futures rose in premarket trading on Monday as Goldman Sachs kicked first-quarter earnings season into high gear.
- 04/15/2024
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Wall Street Powers Goldman Sachs to Sharply Higher First-Quarter Earnings
- Revenue from investment banking and trading, Goldman's traditional powerhouses, surged.
- 04/15/2024
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Goldman Sachs Posts Surprise First-Quarter Profit Jump
- Goldman Sachs recorded a 28% jump in net income in the first quarter, in a surprise surge led by its traders. Sonali Basak reports on Bloomberg Television.
- 04/15/2024
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Goldman Sachs smashes Wall Street expectations as investment banking thrives
- Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) smashed Wall Street expectations for first-quarter revenues and earnings as its trading teams delivered record numbers. Net revenues of $14.21 billion came in 16% higher than a year ago and up 26% on the fourth quarter of last year, also well above the $12.92 billion consensus forecast, per LSEG.
- 04/15/2024
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Goldman crushes revenue and earnings forecasts as investment-banking fees soar
- Goldman Sachs reported first-quarter earnings on Monday that trounced Wall Street's forecasts. The investment bank generated over $14 billion in net revenue and $11.58 in earnings per share.
- 04/15/2024
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Goldman Sachs surpasses Q1 earnings expectations, reports $14.21B in net revenues
- Goldman Sachs Group (NYSE: GS), a leading global financial institution, has surpassed earnings expectations in its first-quarter financial results for 2024, showcasing robust performance across its various segments. The company reported net revenues of $14.21 billion and net earnings of $4.13 billion for the quarter ended March 31, 2024.
- 04/15/2024
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Goldman Sachs's stock soars 3.6% after earnings crush estimates
- Goldman Sachs Group Inc.'s stock GS, -2.01% rose 3.6% in premarket trade Monday, after the bank . The New York-based bank posted net income of $3.93 billion, or $11.58 a share, for the quarter, up from $3.09 billion, or $8.79 a share, in the year-earlier period.
- 04/15/2024
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Goldman Sachs profit jumps 28% on investment banking strength
- Goldman Sachs profit rose 28% in the first quarter, buoyed by a recovery in debt underwriting and dealmaking that boosted its investment banking unit, it reported on Monday.
- 04/15/2024
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Investors should buy the dip, but be ready with these geopolitical hedges, says Citi
- Early market action Monday indicates relief that the weekend's attack on Israel by Iran may signal the peak of tensions in the region. Some of the risk-off trades from Friday are being unwound, with stock-index futures higher on the session.
- 04/15/2024
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Goldman Sachs reports earnings before market open — here's what the Street expects
- Goldman Sachs CEO David Solomon has taken his lumps in the past year, but hope is building for a turnaround.
- 04/15/2024
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Goldman Sachs Prepares to Release Earnings After Rival Banks Set Sullen Tone
- The investment bank follows a string of lackluster results from U.S. banks last week.
- 04/14/2024
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Wall Street Brunch: Oil Market In Focus After Iran Attack On Israel
- Wall Street Brunch: Oil Market In Focus After Iran Attack On Israel
- 04/14/2024
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IB, Market Making Revenues to Aid Goldman's (GS) Q1 Earnings
- Goldman's (GS) Q1 results are expected to reflect the impacts of modest loan demand, leading to NII growth and a recovery in the IB business.
- 04/12/2024
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Goldman Sachs (GS) Could Be a Great Choice
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 04/12/2024
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Stock market crash inevitable? Insider buying plummets to lowest in decade
- Amid banking behemoth Goldman Sachs (NYSE: GS) suggesting that trouble was brewing in the stock market as hedge funds in the United States have been selling stocks at the fastest rate in three months and replacing them with short positions, the bearish sentiment is evident in yet another indicator.
- 04/12/2024
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If You Can Only Buy One Dow Stock in April, It Better Be One of These 3 Names
- The Dow Jones Industrial Average consists of 30 large stocks that have been chosen in an effort to represent the major components of the U.S. economy. As a result, for conservative investors looking for major names from multiple sectors of the American economy, the index is a reasonable place from which to start.
- 04/11/2024
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Goldman Sachs Appoints Carey Halio as Global Treasurer
- Goldman Sachs has promoted its chief strategy officer and global head of investor relations, Carey Halio, to global treasurer. Halio will also become a member of the bank's management committee, Goldman Sachs CEO David Solomon said in an internal memo dated Thursday (April 11) seen by PYMNTS.
- 04/11/2024
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Big banks set to report earnings: Here's what investors should know
- Macrae Sykes, portfolio manager at Gabelli Funds, joins CNBC's 'Squawk Box' to discuss banks as big giants like JPMorgan and Citigroup are set to release their first-quarter earnings reports this week.
- 04/11/2024
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Goldman Sachs expected to report record assets under management for Q1
- Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) is expected to post record total assets under management for the fiscal first quarter when big bank earnings kick off next week. The global banking, securities, and investment management firm is expected to report total Assets Under Supervision (AUS) of $2.85 trillion, up from $2.67 trillion in the year-ago quarter, according to the Zacks Consensus Estimate.
- 04/11/2024
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Recession imminent: Hedge funds dump stocks and take short positions at record pace
- Figures published on April 9 by the banking giant Goldman Sachs (NYSE: GS) hint at trouble on the horizon as U.S. hedge funds have been selling stocks and replacing them with short positions at rates not seen since January.
- 04/11/2024
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Goldman Sachs promotes head of strategy and investor relations, Carey Halio, to global treasurer
- Halio's new role encompasses authority over the firm's more than $1.6 trillion balance sheet. She'll report to Chief Financial Officer Denis Coleman.
- 04/11/2024
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Goldman Sachs sounds alarm: Dump these stocks before it's too late
- Although big-name technology shares have been all the rage in the past months, it seems that the hype is nearing its end, and investors should take their profits while they can and divert their attention elsewhere, at least according to the investment banking giant Goldman Sachs (NYSE: GS).
- 04/11/2024
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More bad news for Goldman Sachs ahead of Q1 earnings
- Goldman Sachs (NYSE: GS) stock price is underperforming its rivals this year. The stock is up by just 3.89% this year while the benchmark S&P 500 index has risen by less than 10% in 2024.
- 04/11/2024
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Goldman (GS) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
- Besides Wall Street's top -and-bottom-line estimates for Goldman (GS), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.
- 04/10/2024
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Buy or die; Bloodbath among S&P's top performers
- It's no secret that early April brought a sudden and stark halt to the 2024 stock market rally. Indeed, as seen in the performance of the S&P 500, one of the most important benchmark indices in the U.S. – the breaking point came very late in March and early in April when it collapsed from above 5,254 points to below 5,150 in just a few days.
- 04/10/2024
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HSBC to Divest Argentina Business Under Asia Pivot Strategy
- HSBC to divest its Argentina business in order to sharpen its focus on Asia. The deal, valued at $550 million, is expected to be completed within the next 12 months.
- 04/09/2024
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Why Investors Need to Take Advantage of These 2 Finance Stocks Now
- The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
- 04/09/2024
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3 High Dividend Socks to Replace Lower Savings Yields Ahead
- Most people have not—and likely will not—realize one of the biggest side effects of the potential interest rate cuts being proposed by the Federal Reserve (the Fed). A cut in interest rates could help stimulate consumer activity, as U.S. consumer sentiment recently reached a 2021 high.
- 04/09/2024
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Don't Sleep on the Economy: Why Stocks Could Still Slay, Even Without Rate Cuts
- Recently oil prices have been rising, and multiple members of the Federal Reserve are indicating they may oppose interest rate cuts for some time, Consequently, I'm less convinced than I was in previous weeks that the central bank will cut rates by the end of the summer. Still, I continue to believe the Fed may very well lower rates starting in June.
- 04/08/2024
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Banks Compete for FX Hedging Business of Australia Pensions
- Bank of America (BAC), Goldman Sachs (GS) and Citigroup Inc. (C) are competing to win Australian pension funds' overseas investment hedging business.
- 04/08/2024
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Follow Goldman With These Commodity ETFs
- Goldman Sachs (GS) expects commodities to return 15% by the year-end. We have highlighted five ETFs that we think could be well-positioned if Goldman's commodity prediction comes true.
- 04/08/2024
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Goldman Sachs (GS) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
- Goldman (GS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/08/2024
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Should You Buy Bank ETFs Before Earnings Releases?
- It's time for full-fledged releases of quarterly earnings. Big banks will start reporting from next week.
- 04/08/2024
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Want $15,750 In Passive Income? Invest $30,000 In These Dividend Stocks
- Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored) Are you ready for retirement?
- 04/06/2024
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Goldman Sachs (GS) Falls More Steeply Than Broader Market: What Investors Need to Know
- Goldman Sachs (GS) closed at $406.25 in the latest trading session, marking a -1.87% move from the prior day.
- 04/04/2024
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Goldman Sachs urged to vote against David Solomon's $31 million salary, separate CEO and chair roles
- In the wake of the 2008 financial crisis, efforts to separate the chair and CEO roles became flashpoints at the annual meetings of Goldman Sachs and other Wall Street giants like JPMorgan Chase.
- 04/04/2024
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3 Stocks About to Book Gains on Building Products Demand
- Investors often follow the latest trends in the U.S. economy and attempt to align their portfolios with the best industries, some of which could have a breakout in the coming months. The construction industry is one example, as the ISM Manufacturing PMI index and its cousin, the ISM Services PMI index, indicate a new expansionary trend in the space.
- 04/04/2024
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3M Spun Off Its Health Division, Is It Still A Buy?
- Investors woke up this week to find shares of 3M NYSE: MMM trade lower by roughly 20%. What seemed to be a recovery is now a scary environment for 3M shareholders.
- 04/04/2024
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Banks Think Small Cap Stocks Need to Catch Up: 3 Winners
- The momentum trade has been exhausted by the large-capitalization stocks in the market, especially those in the technology sector, as names like Nvidia Co. NASDAQ: NVDA keep making new all-time highs. For this reason, quants at PGIM believe that Wall Street may soon rotate into small-capitalization stocks to squeeze further returns.
- 04/03/2024
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3 Manufacturing Stocks Leading the Export Wave
- The global economy is taking a turn this quarter, with the United States and China leading the way. After reporting a year of consecutive contraction, the U.S. manufacturing sector has finally pushed out its first expansionary reading during March 2024.
- 04/03/2024
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Earnings Growth & Price Strength Make Goldman Sachs (GS) a Stock to Watch
- Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.
- 04/02/2024
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Will Goldman (GS) Beat Estimates Again in Its Next Earnings Report?
- Goldman (GS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 04/01/2024
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This Underrated Natural Gas Stock Could Rally Double-Digits Soon
- A new commodity cycle is approaching for energy stocks; leading the way in this momentum gauge is the Energy Select Sector SPDR Fund NYSEARCA: XLE. The exchange-traded fund (ETF) outperformed the broader S&P 500 by 2% in the past quarter.
- 04/01/2024
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3 Companies Buying Back Stock Before New Highs
- Investors have a few ways to get their money back once they invest in a stock. The most common way to collect returns is simply to sell a stock – hopefully – at a higher price.
- 04/01/2024
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Goldman, Morgan Stanley win dismissal of lawsuits over Archegos collapse
- A U.S. judge on Thursday dismissed seven lawsuits by investors who accused Goldman Sachs Group Inc and Morgan Stanley of misconduct that fueled the rapid March 2021 collapse of Bill Hwang's $36 billion firm Archegos Capital Management.
- 03/28/2024
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3 Value Stocks Too Small For Buffett's Portfolio
- When investment giants like Warren Buffett spot the rare opportunity to buy a value stock, they more than often pass on the chance. Because they manage such large amounts of capital, investing less than a few billion in companies isn't big enough to bring them returns.
- 03/28/2024
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3 stocks to turn $100 into $1,000 in April
- Despite the general fears that the retaining of high interest rates could spark a recession and severely damage the stock market, the situation has been the opposite for the most part in 2024.
- 03/28/2024
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JPMorgan's dire warning: Stocks could crack at any moment
- Although the recent record-breaking rally of the S&P 500 has prompted multiple Wall Street strategists to raise their bets on its future performance, those at JPMorgan Chase (NYSE: JPM) stand firmly by their last year's prognoses, even warning about the possibility of an even worse outcome.
- 03/28/2024
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EV Sector Outlook: Battery Prices Are Predicted to Plunge. What Investors & Consumers Can Expect.
- From Tesla (NASDAQ: TSLA ) to a range of smaller EV makers, investors in the electric vehicle revolution certainly have plenty of options to consider. That's not including battery makers, who continue to innovate toward new technologies, providing better technology at cheaper prices.
- 03/27/2024
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Mid-Cap Stocks to Outperform the Market This Cycle
- When the economy enters a new cycle, investors must rotate their portfolios accordingly or else live with leaving money on the table. Mid-capitalization stocks outperform all others during an expansionary cycle, such as the one the U.S. is about to witness, so they might rally before the next quarter.
- 03/27/2024
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3 Stocks With Unusual Call Option Activity
- When traders stampede into call options, it typically means they expect an event to come, pushing the underlying stock higher soon. Because options expire at a given date, these traders must get their thesis right before expiration or risk losing their entire investment.
- 03/26/2024
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3 Cheap Stocks That Shouldn't Be Cheap for Long
- Earnings growth typically drives stock prices. Three stocks are set to grow at double and even triple-digit rates this year, yet their prices stay at more than 30% discounts from their 52-week highs.
- 03/26/2024
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Wall Street's price targets for the S&P 500
- Amid a record-breaking stock market sprint that has caught quite a few Wall Street analysts off-guard, the impressive performance of its assets has given rise to a more bullish outlook for the S&P 500 compared to its previous targets from the end of 2023.
- 03/26/2024
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3 Cheap Bank Stocks You'll Regret Not Buying in 2024
- The banking sector is a cornerstone of a healthy economy, and cheap bank stocks present an enticing opportunity for discerning investors. However, with numerous players in the field, choosing the right ones for your portfolio requires careful consideration.
- 03/25/2024
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Markets Await PCE/Core-PCE Inflation Data
- March is turning out to be an eventful one for Wall Street. U.S. stock markets suffered fluctuations in the first half of this month owing to market participants' concerns about the timing of the first reduction in the Fed fund rate, following resilient labor market data and sticky inflation rate in February.
- 03/25/2024
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Key Data in Focus to Start the Last Week of an Eventful March
- March is turning out to be an eventful one for Wall Street. This week, investors are waiting for a series of key economic data.
- 03/25/2024
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Goldman Sachs (GS) Declines More Than Market: Some Information for Investors
- In the latest trading session, Goldman Sachs (GS) closed at $406.82, marking a -1.67% move from the previous day.
- 03/22/2024
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3 Stocks About to Join the Rate Cut Party
- You can think of the S&P 500 and the NASDAQ 100 indexes as the sun that gets the rest of the stock market booming or busting. As these have been making all-time highs lately, you'll notice that not all stocks joined the party.
- 03/21/2024
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3 Industrial Stocks Leading the Way in This ETF Breakout
- Hopping on the next market trend is easier said than done. However, there is one simple and logical way to find the next winning sector in the market.
- 03/21/2024
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JPMorgan Chase yield still lags peers, even after latest dividend increase
- JPMorgan Chase & Co. on Wednesday said it would hike its quarterly dividend by 9.5%, but even with the boost, its yield still lags those of its peers.
- 03/20/2024
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T-shirt maker Gildan rallies on report it has been put up for sale, amid latest leadership drama
- Shares of Gildan Activewear Inc. jumped on Tuesday following a report that the T-shirt maker had been put up for sale, marking the latest drama over the company's leadership plans.
- 03/19/2024
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Time to be "Overweight" Viking Therapeutics
- A rising obesity rate and the desire for a quick fix are driving the burgeoning weight loss industry. Stock Strategist Andrew Rocco explains why VKTX stands to benefit the most.
- 03/19/2024
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AI will ‘destroy employment in some areas' and boost others, says top Goldman economist
- That's Jan Hatzius, chief economist at Goldman Sachs Group, offering his views on the impact that artificial intelligence will have on the jobs market in an interview with CNN. Goldman Sachs GS, +0.96% has previously estimated that AI could lead to the automation of as many as 300 million full-time jobs around the world, CNN noted.
- 03/19/2024
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Goldman (GS) Closes GreenSky Sale in Pivot From Consumer Finance
- Goldman (GS) closes the sale of its home-improvement lending platform GreenSky two years after buying the company to scale back from the consumer banking footprint.
- 03/18/2024
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Goldman Sachs banker Stephanie Cohen becomes latest female executive to leave firm
- Cohen will become Cloudflare's first chief strategy officer, the cloud connectivity company said.
- 03/18/2024
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3 Stocks About to Boom on Unusual Call Option Volume
- Most investors focus on the volume profile of the stocks they analyze, forgetting that there is another primary market that can act as a leading indicator. Options often give you a glimpse of the direction the market expects a stock to take.
- 03/18/2024
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3 Incredibly Cheap Bank Stocks to Buy Now
- Citigroup is priced at a 33% discount to tangible book value and is transforming to become more efficient. Goldman Sachs has struggled with slow investment banking activity, which shows signs of picking up this year.
- 03/16/2024
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Goldman Sachs (GS) Declines More Than Market: Some Information for Investors
- Goldman Sachs (GS) closed the most recent trading day at $388.61, moving -0.94% from the previous trading session.
- 03/14/2024
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Goldman Sachs draws outperform rating from Daiwa on expected recovery in investment banking
- Goldman Sachs Group Inc. was upgraded to outperform from neutral on Thursday at Daiwa Capital Markets on bullish expectations for the bank's Wall Street deal-making.
- 03/14/2024
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Goldman (GS) Eyes Private Credit Portfolio Expansion to $300B
- Goldman's (GS) asset management arm plans to expand its private-credit portfolio to $300 billion by 2029 from the present $130 billion.
- 03/14/2024
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The 3 Most Undervalued Dow Stocks to Buy in March 2024
- The Dow Jones Industrial Average has surged by over 20% in the past year amid a broad-based stock market rebound. As such, it's only natural to wonder whether the constituents within the Dow Jones Industrial Average are overvalued.
- 03/13/2024
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Goldman and BNY Mellon Join Multi-Lender Blockchain Project
- Goldman Sachs and BNY Mellon are reportedly delving deeper into the world of blockchain transactions. The two banks were among several firms that took part in a series of tests on a blockchain network connecting various financial institutions, one of the largest-scale of such pilots in capital markets, Bloomberg News reported Tuesday (March 12).
- 03/12/2024
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This is still a time to let your winners run, says U.S. Bank's Eric Freedman
- Eric Freedman, U.S. Bank Asset Management CIO, joins 'Squawk Box' to discuss the latest market trends ahead of the opening bell on Tuesday.
- 03/12/2024
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Goldman Sachs to more than double its private credit portfolio to $300 billion
- Goldman Sachs Group Inc (NYSE: GS) is in focus this morning after announcing plans of more than doubling its private credit portfolio to $300 billion in five years.
- 03/12/2024
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Goldman (GS) to Exit Transaction Banking Business in Japan
- Goldman (GS) is winding up its transaction banking business in Japan less than a year after commencing the same.
- 03/11/2024
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Goldman Likes This Apparel Stock, Markets Love It Even More
- When professional traders at investment houses like The Goldman Sachs Group NYSE: GS look for places to put their capital to work, they must have a reliable process behind their selection to make the banks as much money as they do. Today, you will get a glimpse of the ‘top-down' analysis happening right now behind the screens of these professionals.
- 03/11/2024
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3 Metal Stocks with Double-Digit Upside
- When the market gives you favorable price action, you should take care to figure out why certain stocks – or sectors – behave the way they do. In today's economic environment, you will find plenty of reasons why the SPDR S&P Metals & Mining ETF NYSEARCA: XME has sent mining and metal stocks on a 13% rally in the past two quarters.
- 03/11/2024
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The Top 3 S&P 500 Stocks to Buy in March 2024
- Analysts are increasingly optimistic about the future of the U.S. economy. Recent data shows strong growth in the Q4 2023 and continued resilience in the job market.
- 03/08/2024
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Goldman Sachs (GS) Stock Sinks As Market Gains: Here's Why
- The latest trading day saw Goldman Sachs (GS) settling at $388.43, representing a -0.29% change from its previous close.
- 03/07/2024
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Goldman Sachs forecasts share buybacks will exceed $1T by 2025
- Goldman Sachs has lifted its US share buyback forecast for companies in the S&P 500 (^GSPC), projecting the total value will exceed $1 trillion for the first time in 2025. The firm cites that the growth is due to mega-cap tech stocks like Nvidia (NVDA).
- 03/07/2024
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Goldman Sachs predicts $1 trillion in share buybacks in 2025
- Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) forecasts that US share buybacks will surpass $1 trillion for the first time in 2025. The Wall Street institution said this remarkable number is influenced by robust earnings growth from technology companies and more relaxed financial conditions anticipated from pending Federal Reserve interest rate cuts.
- 03/07/2024
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Regionals in Flux: Powell's Insights & the Small Bank Challenge
- Investors should avoid regional banking stocks with Commercial Real Estate Exposure.
- 03/04/2024
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3 Stocks to Watch on Oil's New Bull Cycle
- Oil has seen little to no attention in the past 12 to 24 months. Most of the market's focus has gone into technology stocks, with names like NVIDIA NASDAQ: NVDA breaking past its all-time high multiple times on explosive financials and hype surrounding artificial intelligence as it is being adopted by more and more industries today.
- 03/04/2024
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Goldman Sachs (GS) Stock Drops Despite Market Gains: Important Facts to Note
- In the closing of the recent trading day, Goldman Sachs (GS) stood at $388.10, denoting a -0.24% change from the preceding trading day.
- 03/01/2024
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Apple (AAPL) Removed from Goldman Sachs “Conviction List”
- Goldman Sachs removes Apple (AAPL) from its “conviction list.” The analyst notes that installed base and secular growth in services is seen as “more than offsetting cyclical headwinds to product revenue.
- 03/01/2024
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Wall Street's biggest banks are beating investment-banking revenue estimates
- A surge in equity capital markets and debt market activity is boosting investment banking revenue growth at the big five Wall Street banks past analyst estimates for the first quarter, analysts at Jefferies said Thursday.
- 02/29/2024
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Goldman Sachs (GS) Ascends While Market Falls: Some Facts to Note
- The latest trading day saw Goldman Sachs (GS) settling at $393.18, representing a +0.61% change from its previous close.
- 02/28/2024
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The Goldman Sachs Group, Inc. (GS) Presents at 2024 UBS Financial Services Conference (Transcript)
- The Goldman Sachs Group, Inc. (GS) Presents at 2024 UBS Financial Services Conference (Transcript)
- 02/27/2024
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Here's ‘The Big Short' Michael Burry's largest stock holding
- While it isn't entirely uncommon for very famous and highly successful investors to keep many of their eggs in the same basket – as evidenced by the fact that 50% of Warren Buffett's portfolio comes in the form of Apple (NASDAQ: AAPL) shares – others like Michael Burry seemingly prefer to have none of their holdings be more than 10% of the portfolio,
- 02/27/2024
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Goldman (GS) in Partnership With Mubadala Invests in $1B Fund
- Goldman (GS) enters a partnership with Mubadala to form a $1 billion fund that will invest in private credit deals in multiple Asia-Pacific markets.
- 02/26/2024
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This infrastructure construction stock: Is it ready to pop?
- As everyone focuses on technology stocks and artificial intelligence hype, names like Nvidia Corp. NASDAQ: NVDA keep beating expectations and breaking past all-time high prices. You can focus on other underrated spaces of the economy, such as construction stocks.
- 02/26/2024
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3 Dow Jones Stocks For Your Late February 2024 Watchlist
- Let's look at 3 Dow Jones stocks to watch in the stock market today.
- 02/26/2024
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Goldman Sachs and Abu Dhabi's Mubadala ink $1 billion partnership to invest in Asia Pacific
- The $1 billion private credit partnership will co-invest in the Asia Pacific region, with a particular focus on India.
- 02/26/2024
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Europe's energy crisis to 'completely unwind' soon, Goldman Sachs says
- Michele Della Vigna, head of natural resources research in EMEA at Goldman Sachs, discusses the outlook for Europe's energy markets amid Russia's ongoing war in Ukraine.
- 02/23/2024
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Goldman Sachs no longer expects US interest rate cut in May
- Goldman Sachs' analysts no longer expect a U.S. interest rate cut in May and see four 25 basis point cuts this year, as policymakers' rhetoric suggests they are in no rush.
- 02/22/2024
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Longtime Goldman Sachs partners threaten to quit after committee snub: report
- Two longtime Goldman Sachs partners have reportedly threatened to quit after they were passed over for a position on a top committee established under CEO David Solomon.
- 02/22/2024
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Goldman Exit Highlights Persistence of All-Male C-Suite
- Beth Hammack's departure from Goldman Sachs Group Inc. jolted Wall Street because she was once seen as one of the most-likely candidates to break into the bank's all-male ranks of top executives -- and the lack of emerging female leaders remains a concern internally, Bloomberg's Sridhar Natarajan reports.
- 02/22/2024
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Inside the latest drama at Goldman Sachs that reportedly has some partners up in arms
- Goldman Sachs recently established an investment-banking committee within its investment bank. But, according to a new Financial Times report, two top partners in the bank were left off.
- 02/22/2024
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Beth Hammack to Leave Goldman Sachs
- Beth Hammack is calling it quits after 30 years at Goldman Sachs, according to people with knowledge of the matter. Hammack had been billed as one of the most likely candidates to break into Goldman's all-male top tier.
- 02/22/2024
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Goldman Sachs: Buy The 7.3% Yield Preferreds
- Goldman Sachs: Buy The 7.3% Yield Preferreds
- 02/22/2024
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Trailing S&P500 By 18% Since The Start Of 2023, What To Expect From Goldman Sachs Stock?
- Goldman Sachs' stock (NYSE: GS) has gained approximately 12% since the start of 2023 as compared to the 30% rise in the S&P500 index over the same period. Further, at its current price of $385 per share, it is trading 8% below its fair value of $418 – Trefis' estimate for Goldman Sachs' valuation.
- 02/22/2024
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Insiders spill: The next big tech stock set to explode in value
- 2023 proved to be a rather fruitful year for tech investors, with NASDAQ finishing 43% up compared to the disappointment that was 2022.
- 02/20/2024
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Goldman Sachs CEO David Solomon got 24% raise, made $31M in 2023 despite profit slump
- Goldman raised Solomon's pay despite its 24% fall in profits last year as well as the bank's ill-fated foray into commercial lending.
- 02/16/2024
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Goldman Sachs CEO Solomon gets 24% pay bump to $31 million
- Goldman Sachs CEO David Solomon was awarded $31 million in compensation for 2023, up 24% from $25 million in 2022, the company said in a filing on Friday.
- 02/16/2024
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Goldman (GS) Up 0.2% Since Last Earnings Report: Can It Continue?
- Goldman (GS) reported earnings 30 days ago. What's next for the stock?
- 02/15/2024
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This tire stock trading at incredible discounts
- It seems like the boring names in the economy could be the ones to attract the attention and capital from all sorts of investors, both retail and pros. But the big guys on Wall Street may be interested in some of the manufacturing and industrial names in the economy today.
- 02/14/2024
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This Ultra-High-Yield Dividend Stock Is Taking Steps to Boost Its Value
- Rithm Capital took a big step in its evolution to become an asset manager last year. The REIT also recently reauthorized its share repurchase program.
- 02/13/2024
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Here's Why You Should Hold Goldman (GS) in Your Portfolio Now
- IB and trading focus, and business expansion activities are likely to support Goldman (GS). However, elevated costs are major headwinds.
- 02/12/2024
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Goldman Sachs faces probe over fees charged for futures trading- Bloomberg News
- Wall Street investment bank Goldman Sachs is facing an investigation over fees it charges for futures trading, Bloomberg News reported on Thursday.
- 02/08/2024
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2024 Top Stocks: Thrash Capitals Top Picks For The New Year
- In the fast-paced investing world, staying ahead of the game is essential. As we approach 2024, the market is buzzing with anticipation for the hottest stocks that are poised to deliver impressive returns.
- 02/08/2024
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3 Dow Stocks to Buy for the Next Bull Run: February 2024
- On February 1, the Dow Jones Industrial Average exceeded the 38,500 milestone, closing at an all-time high. The technical momentum and the positive earnings season mean this uptrend might continue.
- 02/08/2024
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Bank Upgrades: 3 Names Grabbing Bullish Analyst Attention
- Big news dropped last week that could point to the end of widespread trouble for bank stocks. In a surprising move, Morgan Stanley analyst Betsy Graseck upgraded all three of these bank stocks.
- 02/07/2024
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3 stocks to turn $100 into $1,000
- With a cooling inflation rate and despite persistent recession fears, 2023 brought numerous opportunities for investors to make it big both on the stock and the crypto market. Multiple rather unknown small-cap companies achieved stunning results, growing by thousands of percent.
- 02/07/2024
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Analysts jumped on this stock ahead of earnings; markets love it
- Analysts on Wall Street talk to each other about where a stock should or could head shortly, especially when earnings season starts, as their reputations often hang on the power of their predictions and projections for a stock's valuation. Today, most of Wall Street's biggest names have cornered one real estate stock.
- 02/07/2024
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3 transportation stocks gearing up for a new rally
- Analysts at big banks like The Goldman Sachs Group NYSE: GS often employ "top-down analysis," which starts with understanding the economy's fundamentals and selective industries. You can gauge what goes on by following the leading indicators, such as the ISM manufacturing PMI index, or simpler metrics, such as employment figures.
- 02/06/2024
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Goldman Sachs looks poised for a breakout
- The Goldman Sachs Group NYSE: GS is one of the most-followed stocks and has long been an industry leader and at the forefront of innovation in the banking and financial sector.
- 02/06/2024
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Here's why Morgan Stanley upgraded Bank of America, Goldman Sachs and Citi
- Betsy Graseck, Morgan Stanley managing director, joins 'Money Movers' to discuss the firm's recent upgrade of bank stocks, the importance of recent news for the banks, and more.
- 02/05/2024
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This semiconductor stock could be the best value for your money
- Big oil companies like Hess NYSE: HES and the classics such as Chevron NYSE: CVX and even Exxon Mobil NYSE: XOM are raking in big profits lately. It goes to show just how excited the market has become over other areas of the economy, like semiconductor and technology stocks, which is where all the growth came to focus for the future pricing of stocks.
- 02/05/2024
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Fate of the Mag 7 depends on their ability to deliver rapid revenue growth in 2024, says Goldman Sachs
- Early futures trading suggests Wall Street will start the week on a cautious note with the S&P 500 consolidating after closing the previous session at yet another record, powered by big tech.
- 02/05/2024
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3 cheap utility stocks that shouldn't be so
- Everyone is worrying about the rising effects of the Red Sea conflict. Most investors will likely see success in following the pop in oil prices through stocks like Hess NYSE: HES for reasons you can see here.
- 02/05/2024
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Goldman Sachs says it's bullish on Japan's online banks
- Makoto Kuroda of Goldman Sachs names Rakuten and SSNB as banks it's positive on.
- 02/05/2024
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February Dogs Of The Dow: Buy 2, Watch 5
- "The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors. Sector representation.is also a consideration.” – DowJones & Co. The highest-yield 10 stocks are February's Dogs of the Dow: GS, JNJ, KO, CSCO, IBM, CVX, WBA, DOW, VZ, and MMM. They only averaged a 4.19% annual yield, as prices. Thirty Dow stocks represent nine of eleven sectors. DowJones tracks utilities as a separate index and omits real estate. Broker top-ten target-estimated February net-gains ranged 10.99%-23.09%, topped by MMM 2/2/24.
- 02/04/2024
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Goldman Sachs management committee is getting an overhaul: Wall Street Journal
- Two members of the management committee at Goldman Sachs Group Inc. have departed the company as the bank reshuffles the roles of its most powerful senior executives, the Wall Street Journal reported on Friday.
- 02/02/2024
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Goldman Sachs shuffles management committee as two bankers exit: report
- Goldman is also creating two new committees to help oversee investment banking and markets, the Journal's report added.
- 02/02/2024
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Goldman Shuffles Management Committee
- Goldman Sachs is making changes to its management committee, the latest sign of the power dynamics at the Wall Street firm.
- 02/02/2024
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A Goldman Sachs-backed electricity firm is making a play to reach more Americans' homes
- Rhythm Energy calls itself the biggest independent green energy provider in Texas and says it operates autonomously from Goldman's private equity fund.
- 02/02/2024
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Investor Alert: Fed's hint at March interest rate sparks panic in markets
- The Federal Reserve meeting on January 31 announced another decision to keep its interest rate target at 525-550 basis points (bps) or 5.25-5.50%. This was the overall expected outcome since the last meeting.
- 02/01/2024
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3 big banking stocks that just got upgraded
- With expectations rising for the Fed to cut rates sometime this year, banking stocks are very much back in focus. While it was looking like 2023 was going to go down as one of the poorer years in the recent past, improving inflation readings in Q4 sparked a broad rally across all equities, including banks.
- 01/31/2024
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Goldman Sachs, Jefferies stand out among undervalued big banks, Oppenheimer says
- Oppenheimer analyst Chris Kotowski has reiterated overweight ratings on Goldman Sachs Group Inc. and Jefferies Financial Group Inc. as standouts among a class of relatively cheap big-bank stocks.
- 01/31/2024
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Financials is the one sector that will surprise you this year, says Virtus Investment's Terranova
- Joe Terranova and Jenny Harrington join CNBC's Halftime Report to pick their favorite financials in the sector.
- 01/30/2024
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3 defense stocks that could soar on new contracts
- The whole world has turned its attention to the escalating conflicts in the Red Sea involving United States and United Kingdom military personnel. While the media may underplay the significance of this issue, you may worry about its current positioning, as you can always make money in special situations like this one.
- 01/30/2024
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Morgan Stanley upgrades Bank of America, Goldman Sachs and Citi on ‘lightened up' Basel III capital requirements
- Morgan Stanley analyst Betsy Graseck on Tuesday upgraded Bank of America Corp., Goldman Sachs Group Inc., Citigroup Inc. and Bank of New York Mellon Corp. on optimism around pared-back capital requirements now under study by the the U.S. Federal Reserve.
- 01/30/2024
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3 semiconductor stocks to rally on latest U.S. grants
- There is a little-known conflict in the world today that is escalating and could quickly get out of hand. While governments and nations used to fight over commodities or trade routes, today's fights are all about who holds access to the world's latest chip and semiconductor technologies.
- 01/30/2024
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Top Goldman Sachs banker Jim Esposito retires as CEO David Solomon makes clear he's not going anywhere
- Jim Esposito, 56, who is credited with playing a major role in the merger of Goldman's investment banking and trading departments, will step aside.
- 01/29/2024
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Eaton stock is your best bet manufacturing come the new cycle
- Every once in a while, stocks get too expensive or too cheap. As the market is a rough estimate of how the underlying United States economy is doing, any of the two extremes could signal that the FED is about to do something.
- 01/29/2024
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Bank of America ‘letter of education' puts teeth into return-to-office mandate
- Bank of America Corp. has issued “letter of education” messages that threaten disciplinary action against employees who choose to work from home, as the megabank puts some teeth into its return-to-office mandates.
- 01/24/2024
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3 Stocks Still Worth Buying at 52-Week Highs
- After a sluggish start to the year, the stock market has quickly turned around and now sits at an all-time high. The benchmark S&P 500 index closed at an all-time high on Jan. 19 as investors resumed buying equities with a vengeance.
- 01/23/2024
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Bank ETFs in Focus on Mixed Q4 Earnings
- The financial sector, which accounts for around one--fifth of the S&P 500 Index, had a mixed Q4.
- 01/23/2024
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Malaysia files reply to Goldman Sachs' 1MDB arbitration request
- Malaysia filed on Nov 8, 2023 a reply to an arbitration request by Goldman Sachs regarding the multi-billion dollar 1Malaysia Development Berhad (1MDB) corruption scandal, the chairman of the 1MDB asset recovery taskforce said on Tuesday, without specifying details.
- 01/22/2024
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Financial ETF Breaks Out to 52-Week High: Stocks to Watch
- New yearly highs for banks are bullish and a sign of strength.
- 01/22/2024
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The FDIC Assessed $16 Billion to Banks For Last Year's Banking Failures: Here's How Much the Big Banks Are Paying
- The failures of Silicon Valley Bank and First Republic Bank last year cost the Federal Deposit Insurance Corporation (FDIC) $18.7 billion. The FDIC imposed a special assessment on 114 financial institutions totaling $16.3 billion to recover lost funds.
- 01/22/2024
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3 steel stocks to play the manufacturing comeback
- Every new cycle brings on a new set of opportunities to investor portfolios, and markets provide new waves of shifts between sector performances. Today's market is different from the one you witnessed in 2023, where only the most exciting and high-growth names were the ones getting all the attention.
- 01/22/2024
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3 airline stocks you can buy the dip on
- There's always a dip somewhere in the world that investors with a lot of dry powder (cash buying power) patiently wait to deploy their assets into good deals. Who would have thought that the most recent set of opportunities would be found in the airline stocks space today?
- 01/22/2024
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2 Signs Point to a Booming Stock Market in 2024 With Another Potentially Signaling a Crash. Here's Which Ones Are Useful -- and Useless.
- Two historical patterns bode well for the S&P 500 in 2024, while a third one could hint at trouble ahead. One of these patterns no longer appears relevant, but the other two could still have some predictive power.
- 01/22/2024
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Goldman Sachs: Strong Value Proposition
- Goldman Sachs beat expectations with strong Q4 results, including higher earnings per share and revenues. Despite extraordinary charges related to the regional banking crisis, Goldman Sachs had a strong quarter with 7% year-over-year top line growth. The asset and wealth management business drove Goldman Sachs' growth, with increased management fees and private banking revenues.
- 01/22/2024
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3 Top-Rated Dow Stocks Wall Street Analysts Are Loving Now: January 2024
- The Dow Jones Industrial Average is an index made up of 30 blue-chip stocks that are meant to be representative of the U.S. economy. The Dow finished 2023 strong, posting a healthy gain of 13% for all of last year.
- 01/20/2024
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Goldman Sachs names Viniar as lead director succeeding Ogunlesi
- Goldman Sachs' board named David Viniar as its next independent lead director, succeeding Adebayo Ogunlesi when he retires at the bank's next annual meeting in April, according to a filing on Friday.
- 01/19/2024
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Goldman Sachs CEO David Solomon: 'Hard for me' to see the market's view of seven rate cuts in 2024
- Goldman Sachs CEO David Solomon joins 'Squawk Box' to discuss the company's quarterly earnings results, latest market trends, the Fed's rate path outlook, top geopolitical issues, and more.
- 01/17/2024
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Oil is in contango for the first time since 2021: Best oil stocks
- The days of open outcry commodity trading are nearly extinct, as most of today's trading takes place behind a desk and through online brokerages. However, the traders that ascended from these pits took with them some of the same principles that they learned at places like Chicago, where most options and futures trade.
- 01/17/2024
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Megafunds up, megadeals down in European private equity
- At face value, European private equity appears to be in good shape. Despite soaring borrowing costs and tighter leverage conditions, new Pitchbook data underscored a near-record level of PE fundraising across continental Europe, the UK and Ireland.
- 01/17/2024
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Goldman's report: Can it send the stock back to highs?
- Having delivered a miss in last October's Q3 report, investors would have been expecting a strong bounce back from Goldman Sachs Group, Inc. NYSE: GS ahead of this morning's Q1 release. The banking giant came in strong with a solid beat on both headline numbers, with their EPS landing 40% higher than expected and revenue showing growth of 6.9% year on year.
- 01/17/2024
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The Goldman Sachs Group, Inc. (GS) Q4 2023 Earnings Call Transcript
- The Goldman Sachs Group, Inc. (GS) Q4 2023 Earnings Call Transcript
- 01/16/2024
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Goldman (GS) Q4 Earnings Beat Estimates, Revenues Rise Y/Y
- Goldman's (GS) Q4 earnings gain from strong revenues in the Asset & Wealth Management division and lower provisions.
- 01/16/2024
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Goldman's Net Charge-Off Rate on Consumer Loans Stands at 7%
- For Goldman Sachs, the narrowing of focus continues. And in the latest earnings report, released Tuesday (Jan. 16), the Wall Street firm detailed its progress toward jettisoning some of its credit card operations, selling GreenSky and moving away from its once-lofty Main Street banking ambitions.
- 01/16/2024
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Why Are Stocks Down Today?
- Stocks opened in the red to start the four-day trading week following a slew of mixed earnings reports. So why are stocks down today?
- 01/16/2024
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Empire State Manufacturing Survey Decline In January
- Pre-market futures are down slightly to start a new trading session in this holiday-shortened week. The Dow is currently down -140 points, the S&P 500 is -20 and the Nasdaq -70 points.
- 01/16/2024
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Goldman Sachs notches worst annual profit in four years, 24% drop from 2022
- The bank reported net income of $8.5 billion for 2023 — a 24% drop from 2022 and the lowest level the bank has seen in four years.
- 01/16/2024
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Goldman Sachs CEO David Solomon: Capital markets activity has materially improved
- CNBC's Leslie Picker reports on news from Goldman Sachs' recent conference call.
- 01/16/2024
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Empire State Plummets; Goldman Beats, Morgan Mixed in Q4
- Empire State Manufacturing's -43.7 is a major step down -- more than 3x lower than the previous month's -14.5.
- 01/16/2024
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Goldman Sachs sees much stronger economic growth than consensus, dismissing Wall Street's top concern
- Goldman Sachs thinks the consensus view on Wall Street is too bearish about economic growth in 2024. Goldman sees no recession this year and estimates 2024 GDP growth to be double the consensus.
- 01/16/2024
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Goldman (GS) Reports Q4 Earnings: What Key Metrics Have to Say
- Although the revenue and EPS for Goldman (GS) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 01/16/2024
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Goldman Sachs Q4 Earnings and Revenue Beat Expectations
- Goldman Sachs (GS) fourth-quarter results trounced analyst expectations on both earnings and revenue. The bank's strong performance was driven by a 23% year-over-year growth in its asset and wealth management revenue.
- 01/16/2024
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Goldman Sachs (GS) Q4 Earnings and Revenues Surpass Estimates
- Goldman Sachs (GS) came out with quarterly earnings of $5.48 per share, beating the Zacks Consensus Estimate of $3.47 per share. This compares to earnings of $3.32 per share a year ago.
- 01/16/2024
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Goldman Sachs Posts Worst Annual Profit In 4 Years—Here's Why
- Goldman Sachs topped expectations in its quarterly earnings report Tuesday, sending its shares rallying to a near 12-month high, but a slump in the company's core investment banking unit, generally blamed on the year's interest rate hikes, continued to rear its ugly head amid a cyclical downturn in dealmaking activity.
- 01/16/2024
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Goldman Sachs ends tough 2023 with strong 4Q numbers
- Goldman Sachs (NYSE:GS) reported better-than-expected results for the fourth quarter but faced a challenging year in 2023. The US investment bank recorded its lowest annual profit since CEO David Solomon's first year in charge.
- 01/16/2024
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Goldman Sachs tops revenue estimates on better-than-expected asset management results
- CNBC's Leslie Picker joins 'Squawk Box' to report on the company's quarterly earnings results.
- 01/16/2024
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Goldman Sachs' fourth-quarter earnings smash Wall Street's expectations
- Goldman Sachs posted a strong fourth-quarter earnings report Tuesday. Its profits for the three months ending December 31 jumped 51% to over $2 billion.
- 01/16/2024
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Goldman Sachs Reports Sharply Higher Earnings
- Revenue from investment banking and trading, Goldman's traditional powerhouses, were both down for the quarter.
- 01/16/2024
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Goldman Sachs almost doubles profits, but reports drop in net earnings for 2023 financial results
- Goldman Sachs reported a significant drop in its net earnings for 2023, down from $11.26 billion YoY in 2022 to $8.52 billion year-on-year on January 16th 2024. However, its quarterly earnings were up significantly, from $1.33 billion in net earnings in Q4 2022 to $2.01 billion in Q4 2023 – almost doubling the company's profits.
- 01/16/2024
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Goldman Sachs stock up after Q4 profit rises and beats analyst estimate
- Goldman Sachs Group Inc.'s stock GS, -0.53% was up by 1.6% in premarket trading on Tuesday after the investment bank's fourth-quarter profit beat analysts' reduced expectations. Goldman Sachs said its net income for the three months ended Dec. 31 rose to $1.87 billion, or $5.48 a share, from $1.19 billion, or $3.32 a share, in the year-ago quarter.
- 01/16/2024
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Goldman Sachs profit climbs as equity traders ride market rebound
- Goldman Sachs' profit rose 51% in the fourth quarter as its equity traders capitalized on a recovery in markets and revenue from its asset and wealth business rose, offsetting weakness in investment banking.
- 01/16/2024
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Big US banks to call on Fed to rewrite contentious bank capital rule
- Banks on Tuesday will urge the U.S. Federal Reserve to completely overhaul a draft rule hiking bank capital, in the latest leg of Wall Street's effort to water down the Basel Endgame proposal that bankers say will hurt the economy.
- 01/16/2024
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Markets Closed in Remembrance of Dr. King
- Even though we're only just half way through the month, the lion's share of economic reports -- non-earnings-season-related -- have already happened for January.
- 01/15/2024
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Goldman Sachs Doubles Down on Efforts to Attract Super-Rich
- Goldman Sachs is reportedly increasing its efforts to court ultra-rich clientele. The banking giant has been more focused on lending to private wealth customers — those with an average of $60 million deposited, The Wall Street Journal (WSJ) reported Sunday (Jan. 14).
- 01/14/2024
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Should Investors by BlackRock (BLK) or Goldman Sachs (GS) Stock This Earnings Season
- After BlackRock (BLK) impressively surpassed its Q4 earnings expectations on Friday, investors are surely wondering if Goldman Sachs (GS) can do the same when it reports its quarterly results next Tuesday, January 16.
- 01/12/2024
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Banks Can't Count on Loans For Growth
- As interest rates fall, growing loans is getting more important, but also trickier.
- 01/12/2024
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Investment banking is setup for a good year, says CFRA's Ken Leon
- Baird's David George and CFRA's Ken Leon join 'Squawk on the Street' to discuss how investors should be positioning in big banks.
- 01/12/2024
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Hightower's Stephanie Link on bank earnings: Q4 is typically 'very messy' for banks
- Stephanie Link, Hightower chief investment strategist and portfolio manager, joins 'Squawk Box' to break down the latest bank quarterly earnings results, impact on stock performance outlook, and more.
- 01/12/2024
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Double-Digit Opportunities: Evaluating Goldman Sachs' Appeal
- Business and Financial Performance: Goldman Sachs relies heavily on trading, facing challenges in retail banking. The institution exhibits notable financial metrics, including substantial revenue and net income growth. Strategic Financial Management: Goldman Sachs displays resilience in a competitive financial landscape through effective debt management and robust financial positions. Valuation Models: Analysts' estimates propose a 41.4% upside, while a second model, considering market growth and operating income margins, suggests a more conservative 12.7% upside.
- 01/12/2024
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Why Goldman Sachs (GS) Dipped More Than Broader Market Today
- Goldman Sachs (GS) concluded the recent trading session at $379.75, signifying a -0.58% move from its prior day's close.
- 01/11/2024
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Bank Earnings to Offer Insight Into Digital Pivots and Loan Charge-Offs
- Every three months, like clockwork, the earnings roll in. And every three months, the big banks usher in the “official” start of earnings season.
- 01/11/2024
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Small cap stocks growth outlook, valuations signal more upside: Goldman Sachs
- A combination of low current valuations and a healthy economic outlook indicates that the Russell 2000 small-cap index should return roughly 9% in the next 6 months and 15% in the next 12 months, as compared with a 7% gain for the large-cap S&P 500, Goldman Sachs (NYSE:GS) analysts believe. In a portfolio strategy research update, the analysts also noted that despite its recent rally the Russell 2000 remains nearly 20% below the high reached in November 2021.
- 01/11/2024
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Goldman Sachs Prepares for Quarterly Earnings Call
- Goldman Sachs Group Inc (NYSE:GS) is among the bank names that will announce quarterly results to start the year, slated for release before the open on Tuesday, Jan. 16.
- 01/11/2024
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How Will Bank ETFs Perform in Light of Q4 Earnings?
- Chances of a broad-based earnings beat are low-to-moderate as several stocks are experiencing a negative ESP.
- 01/11/2024
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Barclay's Jason Goldberg previews big bank earnings: Here's what to expect
- Jason Goldberg, Barclays senior equity analyst, joins 'Squawk Box' to preview Friday's big bank earnings results, what it means for the banking sector at large, and more.
- 01/11/2024
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Hesitant to buy bank stocks long-term over lingering regulatory issues: wealth advisor Brooke May
- Barbara Doran, BD8 Capital CEO and Brooke May, Evans May Wealth managing partner, joins 'Closing Bell Overtime' to talk the day's market action.
- 01/10/2024
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Goldman (GS) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
- Evaluate the expected performance of Goldman (GS) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
- 01/10/2024
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Will Q4 Earnings Push Dow ETF Higher?
- Let's delve deeper into the probable fourth-quarter earnings picture that will likely aid Dow ETF in the coming days.
- 01/10/2024
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Goldman Sachs stock lower on analyst downgrade
- Goldman Sachs (NYSE:GS) Group Inc shares slipped nearly 1% to $380.40 in midday trading on Wednesday after BMO Capital analysts downgraded Goldman stock from ‘Outperform' to ‘Market Perform', while cutting their price target to $357 per share from $421 previously. They noted that its stock price is due for a pullback.
- 01/10/2024
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American Express, Goldman Sachs, Citigroup lead downgrades at BMO as ‘banks and specialty finance stocks look vulnerable'
- American Express Co., Citigroup Inc. and Goldman Sachs Group Inc. marked the largest of six financial firms to draw downgrades at BMO Capital Markets on Wednesday.
- 01/10/2024
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Insiders started buying U-Haul stock, and then this happened
- Who better to know when a stock will be moving significantly in the near future than insiders working at the company in question? Following insider transactions can be a good starting point to dissect where a stock's future may be headed, given that you finish doing the due diligence necessary to justify the evidence you find.
- 01/10/2024
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Goldman Sachs (GS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- Goldman (GS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/09/2024
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Big US banks expected to turn in higher revenue, mixed earnings as 4Q reporting season kicks off
- Banks kick off the US fourth-quarter earnings season this week, with JPMorgan Chase & Co (NYSE:JPM), Citigroup Inc (NYSE:C), Wells Fargo & Company (NYSE:WFC) and Bank of America Corp (NYSE:BAC) reporting on Friday. After strong 3Q earnings, bolstered by a confluence of factors including higher interest rates and resilient performance in key business segments, the focus will turn towards the likes of any increase in consumer impairments, shareholder returns, the progress of dealmaking activity and the outlook for the coming quarters, according to Richard Hunter, head of markets at interactive investor.
- 01/09/2024
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Bank earnings preview: What will matter most for investors
- Bank earnings season is nearly upon investors as Deutsche Bank upgrades JPMorgan Chase (JPM) to a "Buy" rating while downgrading Wells Fargo (WFC) to "Hold." Yahoo Finance anchors Brad Smith and Seana Smith preview the outlook for bank earnings to come this Friday, January 12, and what will matter most to investors.
- 01/09/2024
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The truth behind Goldman Sachs's surprising stock rally
- When the Federal Reserve (the Fed) took on its new path of hiking interest rates through the year, markets still rallied aggressively when historically rising rates typically mean stocks come down.
- 01/09/2024
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Big US banks to headline corporate bond calendar after earnings
- U.S. banks are expected to dominate corporate bond issuance following several major players' earnings on Friday and early next week, according to bond investors and analysts.
- 01/08/2024
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IB, NII to Aid Goldman's (GS) Q4 Earnings, Trading to Hurt
- Modest loan demand leading to NII growth and green shoots in IB business are likely to aid Goldman's (GS) Q4 results. Yet, muted volatility and client activity are expected to have affected trading.
- 01/08/2024
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Final Trades: Goldman Sachs, BlackRock, Microsoft and HACK
- The 'Halftime Report' Investment Committee gives their top picks to watch for the second half.
- 01/08/2024
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Goldman Sachs (GS) Outperforms Broader Market: What You Need to Know
- In the closing of the recent trading day, Goldman Sachs (GS) stood at $386.44, denoting a +0.91% change from the preceding trading day.
- 01/05/2024
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JPMorgan, Bank of America lead earnings parade of U.S. largest banks to cap off tough year
- JPMorgan Chase & Co., Bank of America Corp., Wells Fargo & Co. and Citigroup Inc. kick off earnings this coming Friday as Wall Street's largest banks wrap up a tough year with their fourth-quarter results.
- 01/05/2024
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Goldman (GS) Conidered as Potential AP for Spot Bitcoin ETF
- Goldman (GS) is in talks to become AP for the spot Bitcoin ETF, which Grayscale and BlackRock are planning to launch. JPMorgan is also being considered for the role.
- 01/04/2024
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Goldman (GS) Tops in M&A Advisory Despite Dealmaking Lull
- Goldman (GS) advises on 235 announced M&As in 2023, with an aggregate value of more than $671 billion. With this, it has a 31% market share of the global merger advisory.
- 01/04/2024
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January Dogs Of The Dow: 2 Buyable, 6 Watchable
- "The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors. Sector representation.is also a consideration.” – Dow Jones & Co. The highest-yield 10 stocks are December's Dogs of the Dow: JNJ, AMGN, KO, CSCO, CVX, IBM, DOW, MMM, VZ, and WBA. They only averaged a 4.49% annual yield, as prices. Thirty Dow stocks represent nine of eleven sectors. Dow Jones tracks utilities as a separate index and omits real estate. Broker top-ten target-estimated December net gains ranged 10.25%-22.59%, topped by CVX 1/2/24.
- 01/04/2024
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1 Top Stock to Buy for 2024 and Beyond
- The integrated payments company is projected to grow revenue by 15% to 17% in 2023. Amex has several growth levers to pull for a variety of macroeconomic environments.
- 01/02/2024
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My Top 10 High Yield Dividend Stocks For January 2024
- My Top 10 High Yield Dividend Stocks For January 2024
- 01/01/2024
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Goldman Sachs Should Benefit From Lower Interest Rates In 2024
- Goldman Sachs shares have underperformed the broader market this year, but have surged over the past two months. The company has faced challenges due to its failed consumer efforts and higher interest rates, but is poised to grow earnings in 2024. Lower interest rates are expected to benefit Goldman Sachs by increasing financial sector activity, M&A advisory fees, and underwriting revenue growth.
- 12/29/2023
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Bank stocks are poised to outperform broader markets in 2024, says RBC's Gerard Cassidy
- RBC's Gerard Cassidy joins 'Fast Money' to talk his outlook for bank stocks in 2024.
- 12/28/2023
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Three-Stock Lunch: Goldman Sachs, PepsiCo & Valmont Industries
- Michael Farr, CEO at Farr, Miller & Washington, joins 'Power Lunch' to discuss three stocks: Goldman Sachs, PepsiCo, and Valmont Industries.
- 12/28/2023
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Investor Michael Farr is back with his top 10 stocks he's buying for 2024, and the tilt is defensive
- This year's list is a bit more defensive than in years past and has a focus on earnings growth.
- 12/28/2023
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Goldman's partnership is too much of a good thing
- The hallowed Goldman Sachs (GS.N) partnership is an undeniable part of the Wall Street firm's cachet. For more than 150 years, the elite club has helped attract top-notch financiers. It is also too much of a good thing.
- 12/28/2023
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Ray Dalio keeps adding to this ETF, what's he thinking?
- Last quarter, it became evident to thousands of investors just like you just how bullish Ray Dalio had become on Asian markets. Still, while most thought it was a one-time allocation to gain the proper amount of exposure into that section of emerging markets, today, he is proving to be on a much bigger quest.
- 12/28/2023
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2 REITs That Could Soar In 2024
- REITs doubled after the 2020 crash. Valuations are today comparable, and some REITs could double again in the coming years. Here are two REITs that we are buying ahead of their recovery.
- 12/27/2023
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Best Stocks To Buy In 2024? 2 Blue Chip Stocks In Focus
- 2 blue chip stocks for your 2024 watchlist.
- 12/26/2023
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Housing Market Crash Alert: Should Investors Worry About Declining Home Prices?
- The U.S. economic expansion continues to look very strong, and it appears poised to continue along that path. Moreover, with inflation easing and the pivotal presidential election looming next year, I remain convinced the Federal Reserve will indeed meaningfully cut rates in 2024.
- 12/26/2023
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Goldman Sachs: Holding On For Dividend Income Growth And Capital Resilience
- Goldman Sachs downgraded to Hold from previous Buy rating this summer. High share price vs long-term moving average, and weak revenue/earnings growth make this a lousy buy right now. Proven dividend income growth is a bright spot for a dividend investor, along with this firm being considered systemically critical and its vast capital strength.
- 12/25/2023
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Goldman Sachs (GS) Increases Yet Falls Behind Market: What Investors Need to Know
- Goldman Sachs (GS) reachead $380.65 at the closing of the latest trading day, reflecting a +0.02% change compared to its last close.
- 12/22/2023
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Oppenheimer is bullish on the major banks heading into 2024
- Stephanie Link, Joe Terranova and Jim Lebenthal join the 'Halftime Report' to debate their favorite bank names.
- 12/22/2023
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Goldman could be on the cusp of getting another facelift under David Solomon
- David Solomon takes the stage at Goldman Sachs' 2023 Investor DayEmmalyse Brownstein screenshot This post originally appeared in the Insider Today newsletter. You can sign up for Insider's daily newsletter here.
- 12/21/2023
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Goldman (GS) Eyes Expansion of Credit Business in India
- Goldman (GS) intends to expand its credit business operations in the flourishing market of India. Notably, it plans to broaden the range of its loan offerings and boost its currency trading in the country.
- 12/20/2023
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Can Dogs of the Dow ETFs Snap Losing Trend in 2024?
- The Dogs of the Dow in 2023 are up an average of just 2.8%, lagging the market by the widest amount since 2006, per Bespoke Investment Group, as quoted on Investors Business Daily. But more importantly, the Dogs of the Dow trailed the market in four of the past five years, Bespoke found.
- 12/20/2023
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Dow Hits New All-Time High, S&P Within 1%
- A late surge into the close has brought the blue-chip Down to a new all-time high: +251 points, +0.68%, to 37,557 for the first time ever.
- 12/19/2023
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Lendbuzz advancing toward $2B IPO: report
- Lenduzz has hired investment banks to assist it in putting on an initial public offering (IPO) of its shares that could value the auto loans provider at more than $2 billion, according to a report from Reuters. Sources with knowledge of the matter told Reuters that the company hopes to raise between $300 million and $400 million from the offering.
- 12/19/2023
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3 Fitness Stocks Ready to Rally in the New Year
- One of the most common New Year's resolutions is to lose weight. That makes this a good time to consider fitness stocks as additions to your portfolio in 2024.
- 12/19/2023
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Wall Street's S&P 500 predictions for 2024
- The recent dovish stock market performance has prompted strategists and industry giants to set optimistic outlooks for the S&P 500 in 2024.
- 12/19/2023
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Goldman Sachs (GS) Stock Sinks As Market Gains: Here's Why
- In the latest trading session, Goldman Sachs (GS) closed at $376.40, marking a -1.08% move from the previous day.
- 12/18/2023
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3 energy stocks and the truth behind their bargain deals
- Now that the markets have taken a turn for the better, backed by macroeconomic conditions and a more dovish FED going into 2024, it is more important than ever for your portfolio to be loaded with cheap, high-quality businesses to boost your wealth's growth potential this year.
- 12/18/2023
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China industrial growth fastest in almost two years
- China has reported the fastest monthly expansion of industrial output in almost two years of 6.6%, while retail sales grew 10.1%, as the world's second-largest economy looks to continue its patchy recovery from the pandemic. The People's Bank of China also announced no change to rates, in line with market expectations, while injecting RMB 1.45 trillion of funds, which was well ahead of market expectations.
- 12/15/2023
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Bond prices rally for JPMorgan, Morgan Stanley, Goldman Sachs and Bank of America as sentiment turns bullish on money-center banks
- Corporate bonds from the big money-center banks are rallying in concert with their stock prices amid more bullish sentiment on Wall Street about potential interest-rate cuts in 2024.
- 12/14/2023
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WeightWatchers has a new $99 monthly plan — and it's targeting those on weight-loss drugs like Wegovy
- The weight-loss platform is launching a new plan, the WeightWatchers GLP-1 Program, for those who are obese or overweight and taking any of the increasingly popular injectable drugs that help with curbing hunger, such as Ozempic, Wegovy and Saxenda. Such drugs are known as GLP-1 medications because they mimic a gut hormone known as GLP-1, which can reduce appetite.
- 12/14/2023
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These Stocks Have Gained The Most During Stock Market's Record Rally
- The stock market's nearly two-month-long rally culminated this week with the Dow Jones Industrial Average hitting an all-time high, officially erasing all the losses associated with the spike in interest rates, with gains spread across a diverse group of stocks.
- 12/14/2023
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Banks less sensitive to rate cuts: Goldman analysts
- Next year will be a transition period for European banks as the sector moves to a lower rate environment, according to analysts at Goldman Sachs (NYSE:GS). The current environment is characterised by flattish net interest income (NII), higher fees, manageable operating expenses (opex), and credit costs, the analysts said.
- 12/14/2023
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The Dow Jones Industrial Average Is Back, and These Stocks Are Driving It to New Highs
- The blue-chip index is on the cusp of a new high, boosted by hopes for a soft landing and hype about artificial intelligence.
- 12/13/2023
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Goldman Sachs trader to retire after making $100m in three years
- The boss of Goldman Sachs (NYSE:GS) commodity business is reportedly set to "retire" at the age of 47 after earning more than $100 million in three years and becoming known as a vocal critic of the investment bank's leadership. An internal report said oil and metals trader Ed Emerson was “known to relentlessly argue his views and sometimes clash with superiors” and made his own “wary of dealing with him around bonus time" as he pushed for higher pay, cited in media reports.
- 12/13/2023
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Goldman (GS) to Expand Private Credit, Reshuffles Executives
- Goldman (GS) is planning to expand operations in the direct lending space. Also, it has been making changes in its senior executives' positions.
- 12/12/2023
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A Bull Market Is Coming: 1 Stock That Could Rocket 219% Higher in 2024, According to Wall Street
- Wall Street analysts following Iovance Biotherapeutics set price targets that suggest the stock can triple your money in 2024. Iovance Biotherapeutics is developing cell-based cancer therapies, and the FDA is reviewing an application for its lead candidate.
- 12/12/2023
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Goldman Sachs (GS) Ascends But Remains Behind Market: Some Facts to Note
- Goldman Sachs (GS) closed the most recent trading day at $351.76, moving +0.27% from the previous trading session.
- 12/11/2023
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Goldman Sachs Appoints Wells Fargo Executive Paul Camp to Head Transaction Banking
- Goldman Sachs has reportedly appointed Wells Fargo executive Paul Camp as its new head of transaction banking. Camp will also become a Goldman partner, Reuters reported Monday (Dec. 11).
- 12/11/2023
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Goldman hires Wells Fargo executive as head of transactional banking
- Goldman Sachs Group Inc. GS, +0.23% is hiring former Wells Fargo & Co. WFC, -0.14% executive Paul Camp as partner and head of transaction banking at the firm, according to an internal memo seen by MarketWatch. Camp most recently worked as head of global Treasury management at Wells Fargo.
- 12/11/2023
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Goldman Sachs hires Wells Fargo executive to lead transaction banking
- Goldman Sachs has hired former Wells Fargo executive Paul Camp as its new head of transaction banking, according to a memo seen by Reuters.
- 12/11/2023
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U.S. Money Supply Is Shrinking the Most Since the Great Depression. Does It Spell Doom for the Stock Market in 2024?
- U.S. money supply is declining rapidly. Previous significant money supply contractions have been followed by major economic downturns.
- 12/10/2023
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BT boosts ‘confidence' in Openreach fibre build: Goldman
- Goldman Sachs (NYSE:GS) analysts have reiterated the bank's ‘buy' rating for BT Group PLC (LSE:BT.A), following the company's Openreach analyst day. Openreach is BT's fixed broadband digital infrastructure wholesale business, representing almost half of the group's underlying earnings (EBITDA).
- 12/08/2023
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Key Takeaways From Executive Conference About Capital Markets
- Global financial firms - JPMorgan (JPM), Goldman (GS), Citigroup (C) and Bank of America (BAC) - are expecting the operating backdrop to turn favorable for capital markets businesses.
- 12/07/2023
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Big bank CEOs testify before Congress: Top takeaways
- The CEOs of America's largest banks, including Bank of America (BAC) Chairman and CEO Brian Moynihan, JPMorgan Chase (JPM) Chairman and CEO Jamie Dimon, Citigroup (C) CEO Jane Fraser, and more, testified before the Senate's banking committee as part of Congress's annual oversight of the financial sector. The controversial capital requirements proposed by the Federal Reserve came up repeatedly throughout the hearing, with many CEOs opposed to the provisions or in favor of amendments before the requirements go into effect.
- 12/06/2023
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Wall Street CEOs say proposed banking rules will hurt small businesses, low-income Americans
- The heads of America's largest banks, including JPMorgan Chase, Bank of America and Goldman Sachs are seeking to dull the impact of the new rules.
- 12/06/2023
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Bankers Push Back Against Basel III Endgame Rules
- The heads of Wall Street's biggest banks took their most direct swing yet at Washington's plans to force them to set aside more cash as a buffer against losses. Here are some highlights from their testimony before the Senate Banking Committee.
- 12/06/2023
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Bank CEOs criticize newly proposed capital rules in Senate hearing
- CNBC's Leslie Picker reports on the latest news from the big bank CEOs' testimony on Capitol Hill.
- 12/06/2023
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Goldman CEO Warns New Bank Rules ‘Punitive' to Economic Growth
- Goldman Sachs Group Inc. Chief Executive Officer David Solomon explains the depth of existing stress banking tests and says the proposed rules are “a wholesale change that leads to problems.” Solomon testifies about the US government's proposed bank regulatory plans Wednesday before the Senate Banking Committee.
- 12/06/2023
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Big bank CEOs testify in Senate hearing
- The CEOs of Wall Street's biggest banks testify in front of the Senate Banking Committee.
- 12/06/2023
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Mortgages and small loans will be more expensive under proposed regulations, bank chiefs say
- The chief executives of big U.S. banks are arguing that banking regulations aimed at strengthening the country's financial system will instead hurt the economy.
- 12/06/2023
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Klarna's valuation still way below ambitious IPO target
- Swedish buy-now-pay-later giant Klarna's volatile valuation has shot up again after major shareholder Creades reportedly increased the value of its stake by $11.3 million. According to Bloomberg, this suggests a valuation of $7.85 billion Klarna valuation, a 17% increase from Klarna's $6.7 billion valuation penned in July 2022 following an $800 million funding round.
- 12/06/2023
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1 Bank Stock I'm Selling in December
- Goldman Sachs has been a winning investment for me since I bought shares in the early days of the COVID-19 pandemic. However, poor execution on the bank's consumer banking ambitions has caused me to think twice.
- 12/06/2023
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Bank CEOs to warn lawmakers against proposal to boost capital
- The CEOs of America's top banks are on Wednesday expected to speak out against plans to hike capital requirements, at a U.S. Senate banking committee hearing on regulation of Wall Street firms.
- 12/06/2023
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Dimon and Other Bank CEOs to Testify on Regulations
- The heads of the biggest US banks, including Jamie Dimon of JPMorgan and James Gorman and Morgan Stanley, will testify in Washington on Wednesday about new proposed rules to strengthen capital requirements. Kathryn Judge, professor at Columbia Law School, speaks on "Bloomberg Markets: The Close.
- 12/05/2023
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Goldman Sachs sees ‘a more clear runway' for 2024 deal making
- Goldman Sachs Group Inc. says confidence appears to be building around Wall Street deal making as the marquee investment bank looks toward the coming year after recent rockiness.
- 12/05/2023
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Credit demand in India's banking system remains healthy, Goldman Sachs says
- Rahul Jain, co-head of Asia financial research at Goldman Sachs, says its strategy team is overweight on Indian banks.
- 12/05/2023
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Goldman Sachs (GS) Increases Despite Market Slip: Here's What You Need to Know
- In the most recent trading session, Goldman Sachs (GS) closed at $349.39, indicating a +0.28% shift from the previous trading day.
- 12/04/2023
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December Dogs Of The Dow: 3 Buyable, 5 Watchable
- "The Dow [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors. Sector representation is also a consideration.” – Dow Jones & Co. The highest-yield 10 stocks are December's Dogs of the Dow: KO, AMGN, CSCO, GS, IBM, CVX, DOW, MMM, VZ, and WBA. They only averaged a 4.92% annual yield, as December prices rose. Thirty Dow stocks represent nine of eleven sectors. Dow Jones tracks utilities as a separate index and omits real estate. Broker top-ten target-estimated December net gains ranged between 11.08%-44.04%, topped by WBA 11/30/23.
- 12/04/2023
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My Top 10 High Yield Dividend Stocks For December 2023
- The early Santa Rally led to gains in November, with Vanguard's High Dividend Yield ETF returning 6.26% and SPDR S&P 500 Trust ETF returning 9.13%. The top 10 stocks on the watchlist for December 2023 offer a 4.20% dividend yield, more than double the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 11.89% since its inception in November 2020.
- 12/02/2023
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Here's why analyst Richard Bove thinks the return of ‘the Goldman Sachs of old' is the right move
- While Goldman Sachs Group Inc. has drawn criticism from inside the bank and elsewhere for retreating from its consumer banking business, Odeon Capital banking analyst Richard Bove said the marquee investment bank may be better off without it.
- 12/01/2023
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Why Apple Pay Should Thrive After Goldman Sachs Credit Card Split
- The iPhone maker is reportedly looking to end its credit card partnership with Goldman Sachs.
- 11/30/2023
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2 Dow 30 Stocks For Your December 2023 Watchlist
- Dow Jones stocks to watch in the stock market now.
- 11/30/2023
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Bank of America rises in premarket trade as big bank stocks look to end the month in positive territory
- Bank of America Corp.'s stock BAC, +2.66% was up 0.3% in premarket trading on Thursday as the megabank looks to end the month in positive territory. As of Wednesday's close, Bank of America's shares had gained more than 19% in November, for their first positive month since July and best overall monthly gain since Oct. 2022, according to Dow Jones Market Data.
- 11/30/2023
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Apple hopes to end Goldman Sachs credit card partnership
- According to reports, Apple (APPL) informed Goldman Sachs (GS) it wants to unwind their consumer credit card partnership within the next 12-15 months. Yahoo Finance's Tech Editor Dan Howley argues that while Apple leads in technological innovation, it lacks credentials in highly-regulated financial services, suggesting Apple's move into finances is a "lock-in" method to keep users loyal to the Apple brand.
- 11/29/2023
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Apple proposes to end credit card partnership with Goldman Sachs
- CNBC's Hugh Son and Steve Kovach join 'Squawk on the Street' to discuss the recent news from a partnership between Apple and Goldman Sachs.
- 11/29/2023
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Goldman (GS) Gets Exit Proposal From Apple on Consumer Business
- Goldman (GS) receives an exit proposal from Apple regarding its entire consumer business partnership. This partnership is expected to end in the next 12 to 15 months.
- 11/29/2023
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Apple Offers Goldman Sachs a Way Out of Credit Card Partnership
- Apple Inc. recently sent a term sheet to Goldman Sachs Group Inc. that would be a first step toward severing the companies' partnership on a credit card and savings account. Ed Ludlow has the details on Bloomberg Television.
- 11/29/2023
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Apple Moves to End Goldman Sachs Card Partnership. Why It's for the Best.
- Apple and Goldman Sachs look set to end their credit-card partnership despite extending it through 2029 just over a year ago.
- 11/29/2023
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Apple wants to end Goldman Sachs credit card partnership
- Apple and Goldman Sachs (NYSE:GS) are set to end their troubled foray into credit cards, reports overnight have suggested. According to the Wall Street Journal, Apple has written to the US bank proposing that their card and savings account partnership be wound down within the next 12-15 months.
- 11/29/2023
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3 Sad Dow Stocks to Sell in December
- The Dow Jones Industrial Average, or Dow, is an index of 30 well-known blue-chip stocks. The index has been in existence since 1896, making it one of the oldest stock market barometers in the world.
- 11/28/2023
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Apple reportedly ending credit-card partnership with Goldman Sachs
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
- 11/28/2023
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Apple has reportedly proposed to end partnership with Goldman Sachs
- Apple Inc (NASDAQ: AAPL) is in focus in extended hours after it reportedly proposed to end its high-profile partnership with Goldman Sachs Group Inc (NYSE: GS).
- 11/28/2023
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Apple is trying to unwind its Goldman Sachs credit card partnership
- The move would end one of the highest-profile partnerships between giants in the tech and banking sectors.
- 11/28/2023
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Goldman Sachs (GS) Stock Sinks As Market Gains: Here's Why
- In the closing of the recent trading day, Goldman Sachs (GS) stood at $337.65, denoting a -0.02% change from the preceding trading day.
- 11/28/2023
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Apple scotches credit-card partnership with Goldman Sachs: report
- Apple Inc. AAPL is calling it quits on its credit-card partnership with Goldman Sachs Group Inc. GS, ending the Wall Street bank's push into consumer lending, according to a Wall Street Journal report Tuesday. The iPhone maker sent a proposal to Goldman to leave the contract within 15 months, according to people briefed on the matter.
- 11/28/2023
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Apple Pulls Plug on Goldman Credit-Card Partnership
- Tech giant proposed exiting contract in about 12-to-15 months.
- 11/28/2023
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3 Investment Banks to Watch Despite Industry-Wide Challenges
- Weak IB performance amid rising rates and other macroeconomic concerns will hamper the Zacks Investment Bank industry prospects. But a decent trading business will offer some support to industry players like Morgan Stanley (MS), Goldman (GS) and Evercore (EVR).
- 11/24/2023
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BT's two-way pull after "sobering" business arm update, expensing boost
- BT Group PLC (LSE:BT.A) gave up most of its gains as a two-pull surrounded shares in the telco. Shares rose sharply on Wednesday after the Chancellor confirmed that full expensing will be made permanent.
- 11/23/2023
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Goldman Sachs: Bullish Trend Likely To Continue
- Goldman Sachs displayed resilience and adaptability in Q3 2023, with stable net revenues and a diverse revenue stream. Global Banking & Markets division drove growth, while Asset & Wealth Management faced challenges. Technical analysis reveals a strong bullish pattern, underscoring the likelihood of an upward breakout.
- 11/23/2023
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Goldman Sachs (GS) Surpasses Market Returns: Some Facts Worth Knowing
- In the most recent trading session, Goldman Sachs (GS) closed at $338.64, indicating a +1.1% shift from the previous trading day.
- 11/22/2023
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Goldman Sachs paid pro golfer Patrick Cantlay more than $1 million annually, sources say
- Goldman opted not to renew Cantlay's sponsorship this year in the latest example of the bank's retrenchment from its retail banking push.
- 11/22/2023
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Focus on IB, Expansion Efforts Aid Goldman (GS) Amid Cost Woes
- IB and trading focus and business expansion activities are likely to support Goldman (GS). However, elevated costs and volatile client-activity levels are major headwinds.
- 11/22/2023
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Goldman Sachs expects China stocks to make first annual gain in 4 years in 2024
- Chinese stocks may have their first yearly gain in four years in 2024, helped by more accommodative policy that should cushion the drag from the property deleveraging.
- 11/21/2023
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The only two airline stocks worth buying: One is a Goldman pick
- When it comes to airline stocks, anyone can see that virtually every name in the sector has been infected with the fatal effects of a lack of interest from market participants, resulting in a stock price downtrend.
- 11/21/2023
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Here's your e-commerce stock bundle for the holidays
- The 2023 holiday shopping season has arrived, and more consumers will be doing their shopping online. While nearly every store now has an online presence with omnichannel capabilities, certain stocks can benefit directly from e-commerce activity during this season.
- 11/20/2023
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Goldman Sachs Japan chief to retire at year end - internal memo
- Goldman Sachs' Japan president Masanori Mochida has decided to retire at the end of the year after more than 38 years at the investment bank, according to an internal memo seen by Reuters.
- 11/19/2023
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LSEG's lack of detail in new financial targets disappoints
- The Capital Markets event from the London Stock Exchange Group PLC (LSE:LSEG) (LSEG) has received a fairly muted response from the City with one bank calling it a "missed opportunity." Jefferies noted with its new medium-term targets, LSEG is clearly keen that the market should not obsess over specific numbers and instead focus on trajectory.
- 11/17/2023
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US bank profits to drop but industry stable after March crisis -analysts
- U.S. bank profits are expected to shrink in the coming months, but the industry has regained its footing after the biggest bank failures since the 2008 financial crisis, analysts said.
- 11/16/2023
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Why Is Goldman (GS) Up 11.8% Since Last Earnings Report?
- Goldman (GS) reported earnings 30 days ago. What's next for the stock?
- 11/16/2023
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Goldman CEO and predecessor Blankfein talk careers as analysts compete
- Goldman Sachs Chief Executive Officer David Solomon and his predecessor gave career advice to about 4,000 analysts as junior bankers pitched for grants to be given to charity on Tuesday.
- 11/14/2023
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World economy to perform better than expected in 2024, says Goldman Sachs
- The investment bank said its economists believe the bulk of the drag from monetary and fiscal tightening policies is over.
- 11/14/2023
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Goldman leads new funding for Fnality blockchain payments firm
- Fnality, a blockchain-based wholesale payments firm, said on Tuesday it has raised 77.7 million pounds ($95.09 million) in a second round of funding backed by Goldman Sachs and other blue chip financial firms as it awaits Bank of England approval to start operations.
- 11/13/2023
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UL Solutions publicly files for US IPO
- UL Solutions on Monday publicly filed its paperwork for a US initial public offering (IPO). The company, which offers independent third-party testing, inspection, and certification services to its more than 80,000 customers in the energy, industrial automation, consumer electronics and other markets, is owned solely by UL Standards & Engagement (ULSE).
- 11/13/2023
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The Goldman Sachs Group, Inc. (GS) Goldman Sachs Fixed Income Investor Conference Call (Transcript)
- The Goldman Sachs Group, Inc. (NYSE:GS ) Goldman Sachs Fixed Income Investor Conference Call November 9, 2023 9:00 AM ET Company Participants Philip Berlinski - Global Treasurer Sheara Fredman - Chief Accounting Officer and Controller Conference Call Participants Peter Troisi - Barclays Robert Smalley - UBS Scott Cavanagh - APG Asset Management Keven Maloney - BlackRock, Inc. Arnold Kakuda - Bloomberg Intelligence Operator Good morning. My name is Katie, and I will be your conference facilitator today.
- 11/11/2023
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Goldman Sachs (GS) Plans to Offload GM Credit Card Program
- Goldman (GS) plans to offload its General Motors credit card program as it wants to retreat from consumer lending.
- 11/08/2023
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Goldman moves to unload GM credit card
- The credit-card program is largely marketed toward people who buy and own General Motors cars. Goldman is also the issuer for the Apple credit card, which is much larger.
- 11/08/2023
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Goldman Sachs advises employees on plan to divest GM credit card
- Goldman Sachs Group Inc. has told employees in its Platform Solutions unit that it's moving toward a process to find a new issuer for its General Motors credit-card program, The Wall Street Journal reported on Wednesday.
- 11/08/2023
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Goldman Sachs plans to offload GM credit card - source
- Goldman Sachs plans to offload its General Motors credit cards, a person familiar with the matter told Reuters on Tuesday.
- 11/07/2023
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The 60/40 stock-bond portfolio appears to be broken. Here's how it could change.
- The classic 60/40 portfolio, which consists of 60% bonds and 40% stocks, hasn't performed well in the past few months, with the two assets mostly posting a positive correlation and investors worrying the Federal Reserve may keep interest rates higher for longer.
- 11/07/2023
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Goldman Moves to Offload GM Credit Card
- Bank informed employees Tuesday of a process to find a new issuer as it retreats from consumer lending
- 11/07/2023
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Banking and trucking: Is the economy rolling toward troubles?
- The SPDR S&P Regional Banking ETF NYSEARCA: KRE closed 1.08% lower on November 6, after a privately held regional bank was closed by the Iowa Division of Banking.
- 11/07/2023
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November Dogs Of The Dow: 3 Buyable, 4 Watchable
- "The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors. Sector representation.is also a consideration.”–Dow Jones & Co. The highest-yield 10 stocks are November's Dogs of the Dow: JNJ, AMGN, KO, GS, CVX, IBM, DOW, MMM, VZ, and WBA averaged a 5.02% annual yield. Thirty Dow stocks represent nine of eleven sectors. Dow Jones tracks utilities as a separate index and omits real estate. Broker top-ten target-estimated November net-gains ranged 19.78%-35.37%, topped by WBA 11/2/23.
- 11/06/2023
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Why Are Stocks Up Today?
- All three major stock indices are up to begin the trading week as investors continue to bet that the U.S. Federal Reserve is done raising interest rates. While the market gains aren't as robust as last week when the benchmark S&P 500 index rallied 5% and posted its best weekly performance of the year, today's move higher builds on the current momentum and shows that traders and investors are turning their attention back towards equities after a downturn that took markets lower between August and the end of October.
- 11/06/2023
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Hedge funds piling into US techs on rate hopes, reports Goldman
- Hedge funds bought US equities at the fastest pace for two years on bets that the interest rate hiking cycle in the States is almost over, According to investment bank Goldman Sachs (NYSE:GS), global hedge funds carried out on their largest buying spree since December 2021 in the week up until 3 November. Thise thinking about it got caught in a short=squeeze, said the bank's trading desk, with investors trying to close out shorts adding to the upward surge.
- 11/06/2023
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Goldman Sachs to promote 608 to managing directors, down from 2021
- Goldman Sachs will promote 608 executives to managing directors next year, fewer than the 643 senior bankers it elevated two years ago, according to a company memo.
- 11/02/2023
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Former Goldman Sachs investment banker Brijesh Goel sentenced to 36 months in insider trading case
- Brijesh Goel, 39, has been sentenced to 36 months in prison on charges of insider trading and obstruction of justice by U.S. District Judge P. Kevin Castel, the U.S. Attorney's Office for the Southern District of New York said Thursday.
- 11/02/2023
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My Top 10 High Yield Dividend Stocks For November 2023
- The market slide continues in October with the SPDR S&P 500 Trust ETF dropping by 2.17%, marking three consecutive months of losses for the fund. The top 10 stocks on the watchlist for November 2023 offer a 4.58% dividend yield, more than double the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 8.20% since its inception in November 2020.
- 11/02/2023
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Bank stocks mixed after Fed leaves rates unchanged, as Bank of America dips while Goldman Sachs rises
- Bank stocks continued to trade mixed after the Federal Reserve said it would leave interest rates unchanged, as expected. Bank of America Corp. BAC dipped fractionally after losing 0.3% shortly before the Fed's announcement.
- 11/01/2023
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Goldman Sachs Group Inc.'s stock extends recent gains in premarket
- Goldman Sachs Group Inc.'s stock GS, +3.77% was up 0.4% in early Tuesday, after rising 3.8% in the previous session. If the gains hold, it'll be the third positive move out of the last four days of trading for Goldman Sachs.
- 10/31/2023
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Still thinking about buying 3M for its dividend? Consider this
- Wall Street analysts typically go into hiding every three months when the long-awaited earnings season kicks off, making them earn their paychecks through long hours of due diligence and financial modeling. This time, you bet they had to dig into 3M Company NYSE: MMM and its unusually high potential.
- 10/30/2023
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7 Reasons to Avoid Goldman Sachs (GS) Without Hesitation
- For years, on Wall Street the top of the mountain has been The Goldman Sachs Group (NYSE: GS), and up until just a few years ago, that was still the case.
- 10/29/2023
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This Ultra-High-Yield Dividend Stock Is Dirt Cheap -- and Wall Street Thinks It Will Soar Nearly 30% Over the Next 12 Months
- Rithm Capital's dividend yield stands at nearly 11.2%. The REIT's shares trade at only 5.6 times forward earnings.
- 10/29/2023
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Banking Woes Are Over: Analysts Predict These Prominent Stocks Will Skyrocket - BlackRock (NYSE:BLK), Citigroup (NYSE:C), JPMorgan Chase (NYSE:JPM), Goldman Sachs Gr (NYSE:GS)
- Rising interest rates and the collapse of Silicon Valley Bank caused bank stocks to plummet earlier this year as financial institutions grappled with the consequences of the global credit crunch.
- 10/26/2023
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Goldman Sachs Global Institute to offer clients insights on geopolitics and tech
- Goldman Sachs Group Inc. GS, +0.13% has named two executives that lead its Office of Applied Innovation to head up its newly-launched Goldman Sachs Global Institute to provide clients with insights about geopolitics and technology, according to an internal memo seen by MarketWatch. Jared Cohen and George Lee are leading the Goldman Sachs Global Institute after the firm saw a “strong appetite among clients for further engagement around the firm's intellectual capital,” said Goldman Sachs Chief Executive David Solomon.
- 10/26/2023
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Ready for the Utilities Rebound? Here Are the Best Picks
- The business cycle is dislocating sectors left and right. Just a couple of years ago, it seemed that no matter which one you looked at, they all beat the S&P 500 benchmark.
- 10/26/2023
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Why Apple could be the clear winner in its rocky partnership with Goldman Sachs
- The financial alliance between Apple AAPL, +0.25% and Goldman Sachs Group GS, -0.01%, launched in 2019 with the intent of tapping into the consumer finance marketplace, has hit a rough patch.
- 10/25/2023
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Goldman names Kamo as global head of dealmaking for financial sponsors
- Goldman Sachs Group Inc has appointed David Kamo as its global head of financial sponsor mergers and acquisitions within its investment bank, according to a memo seen by Reuters on Tuesday.
- 10/24/2023
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The Surprising Reason 2024 Could Be Better Than Expected for Goldman Sachs and Bank of America Stocks
- Bank stock investors are too focused on potential problems like a lending headwind and deteriorating credit quality. Fundraising, mergers, and acquisitions put on hold due to higher interest rates can't be postponed indefinitely.
- 10/24/2023
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These 2 Dow Stocks Moved Markets This Week
- Wall Street had another tough week, with the Dow Jones Industrials losing ground. Both Johnson & Johnson and Goldman Sachs reported their respective financial results for the third quarter.
- 10/21/2023
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Bank ETFs in Focus on Upbeat Earnings
- U.S. banking earnings have been an awaited one as investors' view toward the banking sector has dwindled this year.
- 10/20/2023
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Challenger banks score well in satisfaction survey as big lenders struggle
- Britain's challenger banks are trouncing their high street rivals when it comes to customer satisfaction, a new survey has found. Consumer group Which?
- 10/20/2023
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Commercial Vs Investment Bank, Two Powerhouses Have THIS To Say
- Today's market is more treacherous than ever; this is not your father's - or even your grandfather's - business cycle; it is a new battlefield out there. Previously, when uncertainty became present throughout markets, information took weeks and sometimes months to dissipate and begin to move assets accordingly; today, it is almost instant.
- 10/20/2023
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Biggest Banks Cut 20,000 Jobs Amid High Interest Rates
- Staffing levels at some of America's biggest banks are reportedly getting smaller. Aside from the country's largest lender, JPMorgan Chase, the five biggest banks in the U.S. have quietly been cutting jobs all year, CNBC reported Thursday (Oct. 19.
- 10/19/2023
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Big banks are quietly cutting thousands of employees, and more layoffs are coming
- Job losses in finance could pressure the broader U.S. labor market in 2024. Faced with rising defaults on loans, lenders are poised to make deeper cuts.
- 10/19/2023
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Goldman Sachs Is Landing Punches Versus Morgan Stanley. Here's How.
- Third-quarter earnings show a contrast between the two banks.
- 10/18/2023
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Goldman's profit estimates trimmed by Jefferies analyst after third-quarter report
- Jefferies analyst Daniel Fannon on Wednesday cut his fourth-quarter earnings estimate for Goldman Sachs Group Inc. but kept a buy rating and boosted his outlook for the bank's 2024 profit.
- 10/18/2023
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JPMorgan's Dimon and Goldman's Solomon warn investors to be 'cautious' and 'vigilant' as economic risks mount and conflicts rage
- Investors should be very cautious, two leading Wall Street CEOs warned on recent earnings calls. JPMorgan's Jamie Dimon cautioned the boost to portfolios from public policy wouldn't last.
- 10/18/2023
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Goldman Sachs Reports Q3 Earnings of $11.8 Billion
- Goldman Sachs reported its third-quarter earnings for 2023 on Tuesday (Oct. 17). The company achieved net revenues of $11.8 billion and net earnings of $2.1 billion.
- 10/17/2023
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CNBC Daily Open: Bonds are driving stocks even amid big bank earnings
- Markets wavered Tuesday as investors digested September's U.S. retail sales report and third-quarter earnings from banks.
- 10/17/2023
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Markets Flat as a Pancake; United Beats, JB Hunt Misses
- We're flat over the past five trading days, as well: the Dow and S&P are in the green, while the Nasdaq and Russell are -0.7% and -0.9%, respectively.
- 10/17/2023
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Global market for anti-obesity drugs could reach $100B by 2030: Goldman Sachs
- A report from Goldman Sachs predicts that the total addressable market globally for weight loss drugs could reach $100 billion dollars in sales by 2030. The current market is estimated to be at $6 billion globally.
- 10/17/2023
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3-Stock Lunch: JNJ, GS & DLTR
- Hightower Advisor's Michael Farr, joins ‘Power Lunch' to discuss three stocks: Johnson & Johnson, Goldman Sachs and Dollar Tree.
- 10/17/2023
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Dollar Tree stock climbs toward a 4th-straight gain after Goldman turns bullish
- Shares of Dollar Tree Inc. DLTR, +4.26% climbed 4.2% toward a fourth-straight gain in afternoon trading Tuesday, after Goldman Sachs turned bullish on the discount retailer. The stock has rallied 7.2% over the past four sessions, and has run up 10.7% since it closed at a 2-year low of $103.64 on Oct. 3.
- 10/17/2023
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The Goldman Sachs Group, Inc. (GS) Q3 2023 Earnings Call Transcript
- The Goldman Sachs Group, Inc. (NYSE:GS ) Q3 2023 Earnings Conference Call October 17, 2023 9:30 AM ET Company Participants David Solomon - Chairman and Chief Executive Officer Denis Coleman - Chief Financial Officer Conference Call Participants Glenn Schorr - Evercore ISI Ebrahim Poonawala - Bank of America Christian Bolu - Autonomous Research Steven Chubak - Wolfe Research Brennan Hawken - UBS Mike Mayo - Wells Fargo Ryan Kenny - Morgan Stanley Devin Ryan - JMP Securities Daniel Fannon - Jefferies Gerard Cassidy - RBC Saul Martinez - HSBC Operator Good morning. My name is Taryn and I will be your conference facilitator today.
- 10/17/2023
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Bonds and gold: Strategist adds to positions as geopolitical worries intensify
- JPMorgan Chase & Co.'s Marko Kolanovic is taking a defensive approach to markets amid a flare up in geopolitical risks and restrictive monetary policy, saying the “time is coming to position for the long duration trade” in bonds.
- 10/17/2023
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Retail Sales Hotter at +0.7%; JNJ, BAC, GS All Beat in Q3
- Retail Sales infer a consumer willing to spend, and the outlook for Q3 GDP is likely up somewhat on this news.
- 10/17/2023
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Retail Sales Increased More Than Expected
- This morning we see new Retail Sales numbers for September, and they have come in hotter than expected: headline +0.7% month over month is 50 basis points (bps) higher than expected, though down 10 bps from the upwardly revised +0.8% in August. Previous near-term highs had been +0.7% back in May, though going back to January of 2023 we saw +2.8%.
- 10/17/2023
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Goldman (GS) Q3 Earnings Beat Estimates, Revenues Fall Y/Y
- Strong FICC financing revenues and strength in the consumer banking business support Goldman's (GS) Q3 earnings. High expenses and a decline in revenues create headwinds.
- 10/17/2023
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Goldman Sachs' profit plummeted 33% in the third quarter
- It's the eighth straight quarter the bank has seen a year-over-year profit decline.
- 10/17/2023
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What Goldman Sachs' Q3 earnings says about its ongoing business
- Goldman Sachs (GS) reported a 33% profit decline in its third-quarter earnings. How foreboding a sign should analysts be interpreting this data?
- 10/17/2023
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Goldman Sachs profits drop off by 33% in Q3 earnings beat
- Goldman Sachs (GS) cites a 33% year-over-year drop in profits in the bank's third-quarter earnings beat. Yahoo Finance Live examines Goldman Sachs' business strategy and outlook under CEO David Solomon's leadership.
- 10/17/2023
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Goldman Sachs (GS) Q3 Earnings and Revenues Beat Estimates
- Goldman Sachs (GS) came out with quarterly earnings of $5.47 per share, beating the Zacks Consensus Estimate of $5.32 per share. This compares to earnings of $8.25 per share a year ago.
- 10/17/2023
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Goldman profit tops estimates as dealmaking cushions hit from GreenSky, real estate
- The Wall Street giant's net profit slumped 33% to $2.06 billion, or $5.47 per share, it said on Tuesday. Analysts on average had expected a profit of $5.31 per share.
- 10/17/2023
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Market Volatility Boosts Goldman Sachs' Trading Revenue, But Profit Shrinks By A Third
- Goldman Sachs Group's (GS) third quarter profit shrank by about 33% to $2.06 billion or $5.47 per share due to impairments in real estate and losses from its consumer banking missteps despite a boost from higher trading revenues.
- 10/17/2023
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Is Wall Street Really on the Mend?
- Markets moved slightly lower early Tuesday. Bank of America saw considerable strength in its consumer and investment banking operations.
- 10/17/2023
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Dow Jones Today: Stock Futures Slip After Bank of America, Goldman Earnings
- Stock futures were slightly lower in premarket trading Tuesday, giving up some of yesterday's gains as Treasury yields crept back up to 16-year highs.
- 10/17/2023
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Goldman Sachs tops estimates on stronger-than-expected bond trading
- CNBC's Leslie Picker joins 'Squawk Box' to break down the bank's quarterly earnings results.
- 10/17/2023
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Goldman Sachs Reports 33% Profit Drop
- The bank is pinning much of its hopes on its asset and wealth management unit. Revenue in that business dropped 20%.
- 10/17/2023
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Goldman Sachs beats forecasts; eyes capital markets upturn
- Goldman Sachs (NYSE:GS) reported third quarter revenue and profit ahead of expectations driven by strong trading revenue. The investment bank said in the third quarter net revenue totalled $11.82 billion, ahead of the $11.19 billion expected, although down from $11.98 billion the year before.
- 10/17/2023
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S&P 500 futures drift as Goldman Sachs and Bank of America earnings awaited
- U.S. stock futures show Wall Street holding most of the rally from the start of the week as investors display less anxiety about geopolitical risk while anticipating a supportive third quarter earnings season.
- 10/17/2023
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Goldman Sachs earnings: What to expect
- Goldman Sachs Group Inc. marks the latest of the six largest U.S. banks to report third-quarter profit on Tuesday against mostly reduced Wall Street expectations for the sector and weak stock prices.
- 10/17/2023
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Goldman Sachs is set to report third-quarter earnings — here's what Wall Street expects
- While Goldman Sachs has made efforts under CEO David Solomon to diversify its revenue stream, it is Wall Street that powers the company.
- 10/17/2023
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Time to Buy Goldman Sachs (GS) or BlackRock (BLK) Stock This Earnings Season?
- With BlackRock (BLK) recently reporting its third-quarter results last Friday and Goldman Sachs (GS) set to release its Q3 report on Tuesday, let's see if now is a good time to buy stock in either of these finance leaders.
- 10/17/2023
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A Goldman partner reportedly blasted Apple's savings accounts as a mistake: 'We should have never done this f—ing thing'
- A Goldman partner criticized the bank's launch of Apple savings accounts as a mistake, WSJ reports. Goldman has reportedly been exploring offloading its Apple partnership to AmEx.
- 10/16/2023
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Markets Pop on Bargain Hunting, Stronger Economy
- The small-cap Russell 2000, still under water over the past month, led the way higher today.
- 10/16/2023
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Goldman Earnings Take a Backseat to Consumer Exit
- The bank's profit in the third quarter is expected to fall by 32%, to $2 billion.
- 10/16/2023
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Goldman Sachs exec reportedly regrets Apple savings account, wants out of ‘this f–king thing'
- Days after Goldman Sachs launched a high-yield savings accounts and credit card in partnership with Apple, an unnamed bank partner told colleague: ""We should have never done this f--king thing."
- 10/16/2023
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Homebuilder stock DR Horton has 26% upside: Goldman Sachs
- DR Horton Inc (NYSE: DHI) has lost about 20% over the past three months but a Goldman Sachs analyst is convinced that the story moving forward will be a different one.
- 10/16/2023
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Goldman Sachs is 'incredibly hit or miss' on earnings, says Simpler Trading's Danielle Shay
- Danielle Shay, vice president of options at Simpler Trading, joins 'The Exchange' to discuss her top plays for the current earnings season, key factors to watch from financial earnings, and how Lockheed Martin's response to the Israel-Hamas conflict could impact its bottom line.
- 10/16/2023
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KBW CEO: There's a big headwind to earnings cause of rates, but pace of deterioration is slowing
- KBW CEO Thomas Michaud joins 'Squawk on the Street' to discuss his thoughts on Friday's market action, whether the negative sentiment towards financials is justified, and the bifurcation between the big banks.
- 10/16/2023
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Empire State Less Bad than Expected; SCHW Mixed in Q3
- We've only seen four months in positive territory on Empire State manufacturing year to date, the highest being +10.8 in April.
- 10/16/2023
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Wall Street Waits for Big Earnings Results
- Wall Street Waits for Big Earnings Results.
- 10/16/2023
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Goldman's GreenSky Sale Shows Building a Consumer Lending Business is Easier Said Than Done
- There's the ambition, and then there's the reality. For Goldman Sachs, the retreat from consumer-focused, Main Street-financial services continues — evidence of just how bumpy a road can be in building out new business lines that promised to digitize and modernize lending and payments.
- 10/16/2023
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Goldman's Nachmann May Be Reshaping Solomon's Legacy
- Marc Nachmann is one year into a critical effort to fire up Goldman's $3 trillion asset and wealth management division, and in the process fire up its stock. If Nachmann succeeds, it could go as far as reshaping CEO David Solomon's legacy.
- 10/16/2023
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Bank earnings: Could credit quality be this quarter's smoking gun?
- Big Bank earnings kicked off last Friday, continuing into this week with Goldman Sachs (GS) and Bank of America (BAC) earnings on tap for Tuesday, October 17. What could be this quarter's standout theme for bank earnings?
- 10/16/2023
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JPMorgan's stock has room to rise 60% over the next 18 months, analyst says while hiking price target
- Oppenheimer analyst Chris Kotowski on Monday reiterated an outperform rating on JPMorgan Chase & Co. and increased his price target on the stock to $233 from $215 after the bank's stronger-than-expected third-quarter profit update.
- 10/16/2023
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Banks beat expectations but some economic cracks form as caution abounds
- Consumers with weaker credit histories are facing pressure. And though headwinds remain, the nation's banking public remains robust at U.S. banks.
- 10/16/2023
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Hedge funds short food, beverage and tobacco stocks amid soaring bond yields -Goldman Sachs
- Global hedge funds last week sold food, beverage and tobacco company stocks at the fastest pace in 11 weeks, a Goldman Sachs note said, as these stocks, viewed as a proxy for bonds, could not match the recent surge in U.S. Treasury yields.
- 10/16/2023
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US Banks Brace for Tough Times Ahead
- US bank earnings are in focus this week, bracing for results from Goldman Sachs Group, and Morgan Stanley after seeing solid earnings from JPMorgan Chase & Co. and Wells Fargo & Co. Su Keenan reports on Bloomberg Television. --------
- 10/15/2023
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Tesla, Goldman, Netflix, and More to Watch This Week
- Third-quarter earnings season picks up this week with reports from Morgan Stanley, Bank of America, Tesla, Goldman Sachs, Netflix, TSMC, Johnson & Johnson, and Lockheed Martin.
- 10/15/2023
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Wall Street's Q3 expectations have been all over the place. Now, a swing to profit growth is ‘likely' — with a bigger rebound next year
- Wall Street spent much of this year getting more tepid on third-quarter corporate profits, with expectations for subdued growth giving way to expectations for a slight decline.
- 10/15/2023
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Housing has never been this unaffordable - and home prices are only going to keep rising, Goldman Sachs says
- Housing is even more unaffordable now than ahead of the 2008 crash, according to Goldman Sachs. But the bank expects limited supply and borrowers being "locked in" at lower mortgage rates to drive prices even higher.
- 10/14/2023
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Big-Bank Profits May Be Higher, but for How Much Longer?
- Despite banks continuing to see benefits of high rates, worries about deposit costs and consumer credit still lurk.
- 10/13/2023
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Big U.S. banks warn capital hikes could weigh on green energy, equity products
- Big bank executives warned a number of products and services could become uneconomical if new proposed bank capital hikes are adopted as written, but said they were hopeful they could win some changes.
- 10/13/2023
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Goldman Sachs likely to post lower 3Q earnings on M&A lull
- Goldman Sachs (NYSE:GS) is expected to report another big decline in earnings when it releases its third-quarter results after the market close on October 17, 2023. The bank has been affected by a decline in corporate activity, which has whittled away at the fees it earns from investment banking.
- 10/13/2023
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China's economy 'could be bottoming out', but unlikely to have robust reflation: Goldman Sachs
- Andrew Tilton of Goldman Sachs says there are encouraging signs coming out of China and shares why he thinks Beijing will not implement measures that boost growth "dramatically".
- 10/13/2023
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Goldman Sachs (GS) Falls More Steeply Than Broader Market: What Investors Need to Know
- Goldman Sachs (GS) reachead $309.85 at the closing of the latest trading day, reflecting a -1.01% change compared to its last close.
- 10/12/2023
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Goldman Sachs Passed on a Higher Offer for GreenSky
- Fintech Pagaya was part of a group that offered hundreds of millions more for the specialty lender.
- 10/12/2023
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How Will Bank ETFs Perform in Q3 Earnings Season?
- Big banks will start releasing their quarterly numbers this week. Chances of a broad-based earnings beat are low-to-moderate as several stocks are experiencing a negative ESP.
- 10/12/2023
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Goldman (GS) to Divest GreenSky to Sixth Street-Led Consortium
- Goldman (GS) is set to sell its Greensky platform to a Sixth Street-led consortium. The deal is likely to affect third-quarter 2023 earnings per share by 19 cents.
- 10/12/2023
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Report: Goldman Sachs Earnings Hit by Slowdown in Deal Making
- Goldman Sachs is reportedly expected to announce weak quarterly earnings on Tuesday (Oct. 17) as a result of a slowdown in deal making and its withdrawal from the consumer business.
- 10/12/2023
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Goldman Washes Hands Of GreenSky But Not Before Taking A Q3 Earnings Hit
- Goldman Sachs is finally selling its disastrous investment in consumer lending company GreenSky, but not before it impacts the bank's earnings for a second consecutive quarter.
- 10/12/2023
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Options traders see larger-than-usual stock swings as banks report results
- Options traders are braced for larger-than-usual post-earnings stock price swings for some U.S. banks, despite signs of cooling volatility in broader markets, options data showed.
- 10/12/2023
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Here are 18 stocks I'm watching in the market Thursday, including Chipotle, Target, Nvidia
- Some of the tickers on Cramer's radar for Thursday, Oct. 12, taken directly from my reporter's notebook.
- 10/12/2023
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Muted Trading, GreenSky Sale to Ail Goldman's (GS) Q3 Earnings
- A slump in trading and muted M&A volumes are expected to have affected Goldman's (GS) Q3 earnings. The sale of the GreenSky platform is expected to decrease Q3 earnings per share by 19 cents.
- 10/12/2023
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Goldman Sachs breaks ground on huge new Dallas campus
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Goldman Sachs seen headed to steep earnings drop as deal-making lags
- Goldman Sachs appears headed to another set of weak quarterly earnings as deal-making lags and the bank retreats from a loss-making consumer business. Goldman is expected to report third-quarter earnings per share (EPS) of $5.31 when it reports results on Tuesday, according to average estimates compiled by LSEG.
- 10/12/2023
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Goldman Sachs arbitration over 1MDB settlement "premature", Malaysia says
- Malaysia's 1MDB task force said on Thursday it viewed Goldman Sachs' filing of arbitration proceedings against the country as premature, as both parties were still in the stage of good-faith discussions to resolve any dispute amicably.
- 10/11/2023
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Explainer: Goldman Sachs and its role in the multi-billion dollar 1MDB scandal
- Goldman Sachs Group has sued Malaysia in a British arbitration court, as tensions escalate over a settlement agreement on the bank's role in the massive 1MDB corruption scandal.
- 10/11/2023
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Goldman Sachs Sells GreenSky Platform and Loan Assets
- Goldman Sachs has announced the sale of its GreenSky platform and associated loan assets to a consortium of institutional investors led by global investment firm Sixth Street. The transaction is expected to be completed in the first quarter of 2024, subject to standard closing conditions, the global financial institution said in a Wednesday (Oct. 11) press release.
- 10/11/2023
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Goldman Sachs Sues Malaysian Government Amid 1MDB Settlement Dispute
- Goldman Sachs Group Inc. is suing Malaysia amid festering disagreement over a settlement tied to its role in the 1MDB investment-fund scandal. Sridhar Natarajan reports on Bloomberg Television.
- 10/11/2023
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Goldman Sachs and Morgan Stanley earnings should be down, says Solus Alternative's Dan Greenhaus
- Dan Greenhaus, Solus Alternative managing director, joins 'Closing Bell' to discuss the likelihood of more rate hikes, the earnings outlook, and more.
- 10/11/2023
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Goldman Sachs just warned of a hit to its Q3 earnings: here's why
- Goldman Sachs Group Inc (NYSE: GS) just warned of a notable hit to its third-quarter earnings. Its shares are down nearly 1.0% at writing.
- 10/11/2023
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Goldman Sachs sells GreenSky consumer-lending unit to specialty finance firm Sixth Street
- Goldman Sachs Group Inc. said Wednesday it has agreed to sell its GreenSky consumer-lending unit in a transaction that will impact its third-quarter earnings by 19 cents a share.
- 10/11/2023
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Goldman Sachs warns of hit to third-quarter earnings on deal to offload GreenSky
- Goldman Sachs said Wednesday that it agreed to sell its fintech lending platform GreenSky to a group of investors led by private equity firm Sixth Street. The deal, which includes a book of loans created by Goldman, will result in a 19 cents per share reduction in third-quarter results, Goldman said in the statement.
- 10/11/2023
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Earnings Preview: Goldman Sachs (GS) Q3 Earnings Expected to Decline
- Goldman (GS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/10/2023
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India listing in view for Dutch-based PayU - report
- Dutch-base technology firm PayU is reportedly eyeing up a listing in India in the coming year as the local smartphone markets looks poised for growth. PayU, which is owned by South African investment firm Prosus, is set to file for regulatory approval for the initial public offering in February, according to sources cited by Reuters.
- 10/10/2023
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Slowing Loan Growth Expected to Squeeze Big US Banks' Profits
- The big U.S. banks are reportedly facing a slowdown in lending growth due to rising interest rates, and it is expected to hurt their profits. Net interest income, a key driver of earnings for banks, has been boosted by the Federal Reserve's benchmark rate hikes over the last 18 months.
- 10/09/2023
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High rates will shave 0.5% from US GDP, prompt job losses: Goldman Sachs
- Higher-for-longer interest rates will likely shave 0.5% from U.S. economic growth and may force unprofitable public companies to begin cutting their workforce, strategists at Goldman Sachs wrote in a note on Sunday. Short-term bonds have hovered near 17-year highs as U.S. jobs growth continues to suggest strength in the economy.
- 10/09/2023
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Global Deal-Making Rebound in Q3: Will It be Sustainable?
- Major global deal-makers, including Morgan Stanley (MS), Goldman Sachs (GS) and JPMorgan (JPM), are seeing a reversal in M&A activities.
- 10/09/2023
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4 Top Banks Stocks As Student Loan Payments Resume
- After more than a three-year hiatus, those who are part of the more than $1.7 trillion in outstanding student loan debt now need to resume payments that were halted. While some financial institutions do not have much exposure to the student loan market, others have been active in providing loans.
- 10/06/2023
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Bank earnings await after a weak quarter for stock prices, but the biggest names remain more favored
- Profit updates from the U.S.'s largest banks are expected to fare better than their stock price weakness would suggest when third-quarter earnings season kicks off this coming Friday.
- 10/06/2023
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MS vs. GS: Which Stock Deserves Your Attention More?
- When we think of investment banks (IBs), two names immediately come to our minds – Morgan Stanley MS and Goldman Sachs GS. Both MS and GS are the leading providers of underwriting and advisory services.
- 10/06/2023
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2 Sectors to Watch Before Halloween
- Subscribers to Chart of the Week received this commentary on Sunday, October 1.
- 10/06/2023
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‘One percenter depression' and giant sector rotation: How a hedge fund manager sees bond crisis playing out.
- “There is no magic level of yields that, when reached, will automatically draw in enough buyers to spark a sustained bond rally.”
- 10/05/2023
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Goldman Sachs: Down 25%, Yielding Near 4%, Why I'm Still Avoiding The Stock
- Goldman Sachs offers a 3.6% dividend with solid growth but falls below the sector's median yield. GS is an investment bank with limited lending exposure, showing resilience despite recent share price declines. While maintaining a strong balance sheet, GS faces potential challenges in the current economic environment, making it a hold for now, with possible buying opportunities in the future.
- 10/04/2023
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Another Goldman Sachs Asset Management exec to depart after 28 years at bank
- Another executive is leaving Goldman Sachs Group Inc.'s asset-management unit as the business that handles the bank's private-equity and other private-market activities continues to reshape itself.
- 10/03/2023
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Goldman Sachs executive Chris Kojima to leave, memo says
- Chris Kojima, an executive in Goldman Sachs GS.N asset and wealth management unit, will leave the investment bank after almost 28 years, according to an internal memo seen by Reuters on Tuesday.
- 10/03/2023
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Dow Stocks To Trade In October
- This long and short equity strategy has generated superior returns based upon cycles and relative strength.
- 10/02/2023
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China's demand for oil and copper is 'booming,' says Goldman Sachs
- China's demand for major commodities like oil, copper and iron ore has been growing at "robust rates," Goldman Sachs said.
- 10/01/2023
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My Top 10 High Yield Dividend Stocks For October 2023
- The market slide continues in September with the SPDR S&P 500 Trust ETF dropping by 4.74%. The top 10 stocks on the watchlist for October 2023 offer a 4.33% dividend yield, more than double the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 10.29% since its inception in November 2020.
- 10/01/2023
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US CFTC orders 3 major US banks to pay over $50 mln for swap reporting failures
- The U.S. Commodity Futures Trading Commission on Friday ordered Goldman Sachs , Bank of America and JPMorgan to pay a total of over $50 million for swap reporting failures and other violations, the agency said in a statement.
- 09/29/2023
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Don't Miss the Boom: 7 Dow Stocks Set to Explode Higher
- The top Dow stocks serve as a bellwether for the health of the U.S. economy. This year, the Dow has trailed the other two major U.S. indices with a 1% gain.
- 09/28/2023
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Fenway Sports Group sells minority stake in Liverpool to sports investment firm Dynasty Equity
- Boston Red Sox and Pittsburgh Penguins owner Fenway Sports Group LLC has sold a minority stake in Premier League club Liverpool to New York-based sports investment firm Dynasty Equity. In a statement, FSG and Dynasty Equity said the investment will primarily be used to pay down bank debt incurred during the pandemic and capital expenses made to enhance Liverpool's Anfield Stadium, construction of the club's AXA Training Center, the repurchase of Liverpool's former training ground Melwood and player acquisitions during the summer transfer window.
- 09/28/2023
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Stock Market Crash Alert: Investor Sentiment Just Hit a Fresh Low
- More bad news points to a potential stock market crash, as investor sentiment just hit a new low. Indeed, the latest data from the American Association of Individual Investors shows that investor sentiment is now at its lowest level since May of this year, posting a 40.9% bearish reading.
- 09/28/2023
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Goldman (GS), Omers Partner for Private Credit in Asia Pacific
- Goldman's (GS) asset management arm, Goldman Sachs Asset Management, is set to co-invest in private credit transactions in the Asia Pacific region with Ontario Municipal Employees Retirement System.
- 09/28/2023
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Goldman Sachs' Petershill trust structure is putting off investors, says UBS
- Petershill Partners PLC (LSE:PHLL), the closed-ended private equity fund run by Goldman Sachs, has been downgraded by UBS as the shares' large discount is not expected to improve much in the foreseeable future. At the start of the month UBS flagged the near-50% discount to the theoretical valuation the company would warrant as an "actual private market manager".
- 09/27/2023
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Goldman (GS), Others Team up for Client Disclosure Reporting
- Goldman (GS), along with HSBC, BCS and other banks, forms a consortium named Endoxa to adopt a unified global approach for disclosing clients' stock positions.
- 09/26/2023
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Goldman (GS) Is Fined $6M for Deficient Blue Sheet Submissions
- Goldman (GS) is charged a fine of $6 million by SEC for incomplete and inadequate blue sheet submissions.
- 09/26/2023
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SEC Fines Deutsche Bank Fund Unit for Money Laundering, ESG Misstatements
- The bank's investment arm agreed to pay $25 million for overstating how it used environmental, social and governance factors in its funds.
- 09/25/2023
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Goldman Sachs SEC Drama Deepens As Regulator Fines Bank For $6 Million Over Incomplete Trading Info
- The bank is closing in on finding a buyer for its nightmare GreenSky acquisition, which is expected to sell for only $500 million
- 09/25/2023
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3 High-Quality Stocks to Buy on the Dip According to AI
- This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here.
- 09/25/2023
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How two former Goldman Sachs traders built the No. 1 US coal exporting business
- Two ex-Goldman bankers have made their fortune betting on a non-renewable resource, Bloomberg reported. Peter Bradley and Spencer Sloan have built a $1 billion commodities firm over the last eight years.
- 09/23/2023
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Goldman Sachs Fined $6 Million to Settle SEC Charges of 'Blue Sheet Data' Violations
- The Securities and Exchange Commission (SEC) said it settled charges against Goldman Sachs (GS) for “failing to provide complete and accurate securities trading information” for about a decade and fined Goldman Sachs $6 million fine to settle the matter.
- 09/22/2023
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U.S. SEC just fined Citadel and Goldman Sachs: find out more
- The U.S. Securities & Exchange Commission just ordered Citadel Securities and Goldman Sachs Group Inc (NYSE: GS) to pay $7.0 million and $6.0 million in fines, respectively. Here's why the SEC fined Citadel Citadel incorrectly marked millions of long and short sale orders over a period of five years.
- 09/22/2023
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Goldman (GS), Other Banks to Face Bond Collusion Claims
- Goldman (GS) and other banks are likely to face class-action lawsuits for colluding to drive up interest rates paid on a popular municipal bond.
- 09/22/2023
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SEC fines Goldman Sachs $6 million over inaccurate, incomplete trading information
- The SEC said banking giant Goldman Sachs made over 22,000 deficient electronic "blue sheet" submissions required by federal law.
- 09/22/2023
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Goldman Sachs to pay $6M SEC penalty for submitting deficient trading data
- Goldman Sachs (NYSE:GS) has been charged by the US Securities and Exchange Commission for failing to provide complete and accurate securities trading information to the agency. The SEC accused Goldman of more than 22,000 instances of turning in what are called blue sheet submissions with deficient information.
- 09/22/2023
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Goldman to pay $6 million penalty to SEC over recordkeeping violations
- Goldman Sachs GS, +0.39% will pay the Securities and Exchange Commission $6 million to resolve charges that the investment bank provided incomplete information on securities trades, known as blue-sheet data, the agency announced Friday.
- 09/22/2023
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Goldman Sachs says the weak yen is a 'double-edged sword' for Japan stocks
- Bruce Kirk, Goldman Sachs' chief Japan equity strategist, discusses the Bank of Japan's monetary policy and the outlook for the Japanese stock market.
- 09/22/2023
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As long as there's uncertainty yields will continue to move higher: Goldman Sachs' Candice Tse
- Candice Tse, Goldman Sachs Asset Management managing director, joins 'Closing Bell Overtime' to talk the day's market action, this week's messaging from Fed Chair Jerome Powell and more.
- 09/21/2023
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Eight big banks must face US cities' bond collusion claims
- A U.S. federal judge on Thursday said American cities may pursue class-action claims accusing eight large banks of driving up interest rates they paid on a popular municipal bond.
- 09/21/2023
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Nasdaq called lower as 'hawkish' Fed reins in hopes on rates
- Dow, S&P and Nasdaq expected to open lower Fed signals one more rate rise in 2023, fewer cuts in 2024 Weekly jobless claims figures expected to edge higher 6:50am: Stocks to fall further after 'hawkish' Fed US stocks are expected to fall further on Thursday after the Federal Reserve signalled one more rate rise this year and fewer cuts next, as it left interest rates unchanged at a 22-year high. In pre-market trading, futures for the Dow Jones Industrial Average were 0.4% lower, while those for the S&P 500 fell 0.6%, and contracts for the Nasdaq 100 futures were down 0.8%.
- 09/21/2023
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The economy is about to slow down. That's the time for retail stocks, says Goldman Sachs.
- Stocks are bracing for more losses after Fed Chairman Jerome Powell promised to proceed “carefully,” but with at least one more hike. That's as he sees consumers hanging in there despite higher energy prices and student loan payments coming due.
- 09/21/2023
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Goldman Sachs explores sale of lender GreenSky: Report
- Goldman Sachs (GS) is reportedly exploring the sale of specialty lender GreenSky, according to the Wall Street Journal. This move comes after Goldman Sachs struck a deal to sell its Personal Finance Management (PFM) unit to Creative Planning in late August.
- 09/20/2023
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Goldman Sachs in talks to sell GreenSky to investment group at steep loss: report
- Goldman acquired GreenSky, the consumer lending company, last year in an all-stock deal worth $1.73 billion.
- 09/20/2023
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A full government shutdown would trigger a data blackout, says Goldman Sachs' Alec Phillips
- Alec Phillips, Goldman Sachs Global Investment Research chief U.S. political economist, joins 'The Exchange' to discuss economic risks associated with a government shutdown, the likelihood of a bipartisan deal to reopen the government after a shutdown, and more.
- 09/20/2023
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Apple ditched plan to develop iPhone stock trading feature with Goldman Sachs after 2022's brutal bear market
- Apple ditched plans to develop a stock trading feature for the iPhone after last year's bear market, sources told CNBC. The company was working with Goldman Sachs on the idea, but eventually pivoted to a high-yield savings account.
- 09/20/2023
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The 7 Most Hated Stocks by Institutional Traders
- While many retail investors are keen to discover which securities the big market players are snapping up, sometimes it's more telling to zero in on the stocks institutional traders are selling. Why? Because trading, for all its analytics, can be an emotional rollercoaster.
- 09/20/2023
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September Fed meeting will be one of the least important ones of this cycle: Goldman Sachs' Fine
- Jonny Fine, Goldman Sachs head of investment grade syndicate in the Americas, joins 'Squawk on the Street' to discuss why there's no need to chase risk assets, expectations from future Fed meetings, and more.
- 09/20/2023
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Goldman Sachs' (GS) GreenSky Sale Considered by a Consortium
- Goldman Sachs' (GS) Greensky sale is being considered by Sixth Street-led consortium. Per the Wall Street Journal, the transaction would be worth about $500 million.
- 09/20/2023
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Apple and Goldman had been developing trading feature for iPhones before 2022 stock slump
- Apple Inc (NASDAQ:AAPL) had been planning a feature for iPhones that would allow users to buy and sell stocks directly from their device similar to the trading app Robinhood but this was put on pause as the stock market slumped in 2022, according to a CNBC report citing sources with knowledge of the matter. Per the report, the iPhone maker had been developing the feature in partnership with Goldman Sachs (NYSE:GS), which it has worked with on other financial products, including Apple Card, Apple Pay Later, and Daily Cash Savings.
- 09/20/2023
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Here are the 14 stocks Jim Cramer is watching, including Apple, Goldman Sachs, Amazon
- Here are some of the tickers on my radar for Wednesday, Sept. 20, taken directly from my reporter's notebook.
- 09/20/2023
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Goldman Sachs said to be close to selling GreenSky business
- Goldman Sachs (NYSE:GS) is in “advanced talks” over the sale of home renovations loan business GreenSky, according to a Wall Street Journal report, as the banks efforts to exit non-core businesses evidently continues. GreenSky may be sold for around $500 million, the report suggests, which would mark a significant loss from the $1.7 billion Goldman paid in its 2021 acquisition of the lender.
- 09/20/2023
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Report: Goldman Sachs Nearing Sale of GreenSky Unit
- Goldman Sachs is reportedly in advanced talks with possible buyers for its FinTech lender GreenSky. As the Wall Street Journal (WSJ) reported Tuesday (Sept.
- 09/20/2023
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Goldman Sachs raises oil price forecast to $100/barrel
- Goldman Sachs (NYSE:GS) has raised its 12-month forecast for Brent oil from from $93/bbl to $100/bbl as it now expects modestly sharper inventory draws. The key reason behind the change is that significantly lower OPEC supply and higher demand more than offset significantly higher US supply, it said.
- 09/20/2023
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Goldman Sachs Close to Selling Consumer Unit GreenSky: Report
- The deal will be for about $500 million, less than a third of the $1.7 billion it paid for the firm a year-and-a-half ago, according to The Wall Street Journal.
- 09/20/2023
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Goldman Sachs says OPEC can sustain Brent in $80-$105 range in 2024
- Growing oil demand and extended supply cuts have pushed the market into a deficit and will allow OPEC to sustain Brent crude prices in a range between $80 and $105 per barrel next year, Goldman Sachs said in a note on Wednesday.
- 09/20/2023
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Indian banks are at an inflection point, Goldman Sachs says
- Rahul Jain of the investment bank explains why it's constructive on India's banking sector.
- 09/20/2023
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Goldman Sachs in advanced talks to sell GreenSky lending unit to investment group: report
- Goldman Sachs Group Inc. is in advanced talks to sell its specialty lender GreenSky, the Wall Street Journal reported Tuesday night.
- 09/19/2023
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Goldman Sachs in Advanced Talks to Sell GreenSky in Big Step in Consumer Retreat
- Goldman Sachs is in advanced discussions to sell its specialty lender, GreenSky, to a group of investment firms, in a major step away from the Wall Street bank's failed experiment in consumer lending. The bidding group includes Sixth Street, Pimco and KKR.
- 09/19/2023
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Solomon's boss made it clear there's no CEO issue at Goldman Sachs, says Wells Fargo's Mayo
- Mike Mayo, Wells Fargo Securities senior bank analyst, joins 'Squawk on the Street' to discuss David Solomon's longevity at Goldman Sachs.
- 09/19/2023
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Betting Big: 7 Blue-Chip Stocks Primed for a Breakout.
- A lot of great blue-chip stocks are on sale right now. Several American names that have long track records of out-performance are down this year and presenting attractive entry points to investors.
- 09/19/2023
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Final Trades: JPMorgan, Goldman Sachs & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 09/18/2023
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Wall Street banks shed jobs to ease cost pressures
- Banking heavyweights including Goldman Sachs and Morgan Stanley have announced a string of layoffs this year as part of a cost-cutting spree to better position themselves for a murky economic climate.
- 09/15/2023
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Goldman Sachs names exec to new unit within Wealth Management business
- Goldman Sachs Group Inc. GS, -0.15% on Friday named executive Monali Vora as head of the bank's new Wealth Investment Solutions unit within its Asset Management division. Wealth Investment Solutions is aimed to “serve the evolving needs of our ultra-high net worth, high net worth and mass affluent client base and their desire for bespoke, personalized portfolios,” according to an internal memo seen by MarketWatch.
- 09/15/2023
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Goldman Sachs Creates Unit for Wealthy Clients to Invest in Sports Teams
- Goldman Sachs has reportedly created a “sports franchise” unit within its investment banking division. The new unit aims to provide wealthy clients with the opportunity to invest in sports teams, combining sports mergers and acquisitions with sports financing, The Wall Street Journal (WSJ) reported Friday (Sept.
- 09/15/2023
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Goldman Sachs sets up sports franchise team amid America's soccer invasion
- Manchester United, Arsenal, Chelsea, Liverpool, Burnley and now Everton have found themselves with, at least, partial ownership by American investors – but if Goldman Sachs (NYSE:GS) get's its way this could still be only the beginning of America's European soccer invasion. Goldman Sachs (NYSE:GS) is now putting together a team of bankers to specializing in the buying, selling and financing of ‘sports franchises', that's according to a report by Wall Street Journal.
- 09/15/2023
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Goldman Sachs plans to launch sports franchise unit to offer sports team stakes to high net worth clients: WSJ
- Goldman Sachs Group Inc. GS, +2.86% is planning to launch a new sports franchise unit in its investment banking business to offer its wealthier clients ownership stakes in private sports teams, The Wall Street Journal reported Friday. The business will include the bank's mergers and acquisitions practice, as well as its sports financing team to work with asset and wealth managers on offering investments in stadiums, teams and other high profile transactions, the report said.
- 09/15/2023
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The 3 Most Undervalued Dow Stocks to Buy in September 2023
- The Dow Jones Industrial Average has climbed 5.3% so far this year. The index is trailing the S&P 500, which has climbed 17.8%.
- 09/15/2023
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Energy is improving, but there are better opportunities in other sectors, says Matrix's David Katz
- David Katz, Matrix Asset Advisors CIO, joins 'The Exchange' to discuss investing in strong fundamentals with reasonable multiples, the 12-month time horizon bull case for PayPal, and more.
- 09/14/2023
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Democrats join GOP, banks in pushing back on proposed bank capital rules
- Democrats are increasingly split over the issue of tougher bank regulations, as some of the party's lawmakers join their Republican colleagues and bank executives in questioning whether the Federal Reserve and its partner agencies are going too far with proposed rules that critics say could slow growth and crimp lending to critical sectors of the economy.
- 09/14/2023
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Goldman Fires Transactional Banking Chief Over Compliance Lapses
- Goldman Sachs Group Inc. fired several transaction banking executives over compliance lapses including the head of the business, Hari Moorthy. Sonali Basak reports on Bloomberg Television.
- 09/14/2023
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The 7 Most Undervalued Financial Services Stocks to Buy in September 2023
- If you're looking for financial services stocks to buy, look no further. Bank stocks have underperformed by a wide margin this year.
- 09/14/2023
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Goldman reportedly fires executives in transaction banking
- Goldman Sachs has fired several executives in its transaction banking unit after they breached its communications policy, in a sign of a wider crackdown after banks were hit with $2 billion in fines last year, according to reports.
- 09/14/2023
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Goldman Sachs parts way with transactions staff over communications policy breaches
- Goldman Sachs (NYSE:GS) has terminated the employment of several key figures in its transaction banking business, including the unit's head, citing "serious violations" of the company's communications policies. According to the Financial Times, the move is part of a broader crackdown on Wall Street regarding employees' communications.
- 09/14/2023
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Goldman Sachs terminated several executives in transaction banking -memo
- Goldman Sachs has fired several executives in its transaction banking business following violation of the firm's communications policy, according to a memo seen by Reuters on Wednesday.
- 09/13/2023
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Goldman chief David Solomon opines on IPO revival, the sale of GreenSky and the challenge of a ‘lousy' economic environment
- Goldman Sachs chief executive David Solomon said this week's blockbuster initial public offering from ARM Holdings could create a “virtuous cycle” of bringing more pent-up backlog to Wall Street.
- 09/13/2023
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The 7 Most Undervalued Dividend Stocks With Growth Potential to Buy in September 2023
- Some of the best opportunities can be found in undervalued dividend stocks with growth potential. In fact, I found seven of them which have at least 2% dividend yields with relatively low valuations, and solid growth prospects ahead of them.
- 09/12/2023
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The Goldman Sachs Group, Inc. (GS) Barclays 21st Annual Global Financial Services Conference (Transcript)
- The Goldman Sachs Group, Inc. (NYSE:GS ) Barclays 21st Annual Global Financial Services Conference September 12, 2023 2:45 PM ET Company Participants David Solomon - Chairman & Chief Executive Officer Conference Call Participants Jason Goldberg - Barclays Question-and-Answer Session Q - Jason Goldberg Put up the first ARS question that we're asking everyone. Very pleased to have Goldman Sachs with us continuing this afternoon's presentation.
- 09/12/2023
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Stock market pricing in 'soft landing' enviroment, says Goldman's David Kostin
- David Kostin, Goldman Sachs chief U.S. equity strategist, joins 'Sqauwk on the Street' to discuss what he calls the 'choppy path' ahead for the equity market.
- 09/12/2023
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Here are 3 trends to watch for in the key August inflation report, according to Goldman Sachs
- Goldman Sachs expects August headline CPI to rise 3.58% annually, up from July's 3.2% gain. Strategists wrote Monday they expect to key trends to emerge, including a 3.1% decline in used car prices.
- 09/12/2023
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Hedge funds have bailed on the U.S. consumer in a big way, Goldman Sachs data finds
- Data from Goldman Sachs's prime lending finds that hedge funds over the last month have moved into consumer staples while selling consumer discretionary stocks. According to the bank, short sales have outpaced long buys by a 1.4-to-1 ratio, led by increased shorting in hotels, restaurants and leisure, specialty retail and automobiles.
- 09/12/2023
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Goldman Sachs says the UAE's economy looks headed in a 'positive direction'
- Waleed Mohsin of the investment bank says it remains "constructive" on the United Arab Emirates' economic growth outlook.
- 09/12/2023
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Goldman Sachs Reshuffles Exec Team as Longtime COO Retires
- Goldman Sachs has reshuffled its leadership team following the retirement of longtime executive Laurence Stein. Stein has spent 27 years at the banking giant, most recently serving as executive vice president and chief operating officer of asset and wealth management.
- 09/11/2023
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Goldman Sachs asset and wealth management executive to retire, as others join firm
- Goldman Sachs Group Inc. GS executive Laurence Stein is retiring after 27 years at the bank, according to an internal memo seen by MarketWatch. Stein was most recently executive vice president and chief operating officer of Goldman Sachs Asset & Wealth Management and a member of the Goldman Sachs management committee.
- 09/11/2023
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AI and Microsoft, big cap tech stock concerns, China: Takeaways from Goldman Sachs Tech Conference
- Yahoo Finance Executive Editor Brian Sozzi breaks down his analysis of key themes from the Goldman Sachs Tech Conference in San Francisco.
- 09/10/2023
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Disney pulls content from Charter; AI and layoffs; consumer spending: Goldman Sachs Tech takeaways
- Video Highlights: 00:00:35 Goldman Sachs Managing Director Brett Feldman talks Disney pulling content from Charter Media, streaming vs. cable 00:09:43 Lyft CEO David Risher on customer service, tech, layoffs 00:18:45 Okta CEO Todd Mckinnon on investor concerns, customer service, and AI 00:26:41 Affirm CEO Max Levchin on buy now pay later, paying for vacations, student loans, consumer spending habits, company growth, Affirm card, technology, AI and job losses 00:36:25 Nestdoor CEO Sarah Friar on AI, data harvesting, profitability, growth, competition, earnings, revenue, customers, services, and small businesses 00:43:47 Intuit Sasan Goodarzi on AI, interest rates, customer service, small business, credit scores, GenZ
- 09/10/2023
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Recession outlook, AI technology, a potential government shutdown: Goldman Sachs Tech Conference
- Yahoo Finance Executive Editor Brian Sozzi interviewed leaders in finance and government about the economy, the outlook for a recession, AI, remote work, a potential government shutdown, and the cellular phone competition. Video Highlights 00:00:38 Chief Economist Jan Hatzius talks recession outlook, Fed rate hikes, consumer spending, job growth 00:10:00: Zoom CFO Kelly Steckelberg on the future of AI, remote work, Microsoft teams, Zoom's earnings and outlook for growth 00:17:54: Secretary of Transportation Buttigieg on travel, airline industry.
- 09/09/2023
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Goldman Sachs CEO David Solomon on new $100 million investment in rural America
- Goldman Sachs is betting big on small business. The bank is investing $100 million in small businesses in rural communities across the U.S., starting in Arkansas and North Dakota.
- 09/09/2023
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Goldman Sachs CEO bets big on small business with a $100 million investment in rural America
- Goldman Sachs is betting big on small business. The bank is investing $100 million in small businesses in rural communities across the U.S., starting in Arkansas and North Dakota.
- 09/09/2023
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Goldman Sachs' cuts recession odds, says US headed for soft landing: Economist
- Goldman Sachs has cut its odds of the U.S. going into a recession in the next 12 months, putting it at 15%, down from 20%. In an interview with Yahoo Finance Live from the Goldman Sachs Communacopia conference, Goldman Sachs Chief Economist Jan Hatzius explains the call saying "the economy has continued to be pretty resilient," adding there has been "supportive" income growth and a balanced labor market.
- 09/09/2023
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Goldman Sachs CEO Solomon sees a 'pickup in capital markets activity' in the fall
- Goldman Sachs is betting big on small business. The bank is investing $100 million in small businesses in rural communities across the U.S., starting in Arkansas and North Dakota.
- 09/08/2023
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The economic cost of obesity is expected to soar to $4 trillion by 2035. Weight loss drugs like Ozempic could change that, Goldman Sachs says.
- The rise in obesity is having a massive impact on the global economy, according to Goldman Sachs. The bank estimates that obesity will drag down the world's GDP by $4 trillion in 2035.
- 09/08/2023
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Goldman (GS) Plans Another Round of Job Cuts from Next Month
- Goldman (GS) has been planning to cut jobs worldwide of those who are underperformers. This process is most likely to start by October end.
- 09/08/2023
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Goldman Sachs prepares for another round of layoffs as soon as next month: sources
- Goldman Sachs is planning another round of layoffs aimed at laggard employees — and it could come as soon as next month, sources told The Post.
- 09/08/2023
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Goldman to Start Annual Layoffs in October
- Goldman Sachs Group Inc. is planning its annual cut of underperforming workers beginning later next month, a person familiar with the matter said. Reductions this year will be at the lower end of the bank's usual range of 1% to 5% of its workforce.
- 09/08/2023
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The chances of a U.S. recession are rising, says former Goldman Sachs strategist Abby Joseph Cohen
- Those are the words of Abby Joseph Cohen, former chief U.S. strategist at Goldman Sachs, who discussed her forecasts for the U.S. economy over the next 12 to 18 months with CNBC's “Squawk Box” on Friday morning.
- 09/08/2023
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Goldman Sachs waited too long to retreat from consumer banking, says Mike Mayo
- Mike Mayo, managing director and senior banking analyst at Wells Fargo Securities, joins 'Squawk on the Street' to discuss issues weighing on Goldman Sachs, the downfall of with Goldman Sachs' consumer business program, and the strategic plan David Soloman's has for Goldman Sachs.
- 09/08/2023
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Investing in AI: Goldman Sachs conference roundup
- AI is a topic that has dominated the headlines at Goldman Sachs' annual ‘Communacopia' tech conference this week. Yahoo Finance Executive Editor Brian Sozzi spoke to analysts and top executives from the technology, media, and telecommunications landscape in San Francisco regarding AI integration across the industry.
- 09/08/2023
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SoFi Technologies: Anthony Noto's Fireside Chat At The Goldman Sachs Conference Confirms Positive Speculations
- SoFi Bank is gaining traction and attracting deposits from the 5 large money centers. SoFi's technology platform and capabilities make it an attractive option for potential customers and potential partnerships with large institutions. SoFi's long-term potential lies in its ability to expand its product offerings, become a top financial institution, and generate significant revenue from its technology segment.
- 09/08/2023
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Shares of Goldman Sachs-controlled fund manager dive after profit warning
- The private equity-focused fund manager spun out of Goldman Sachs saw its stock drop as much as 16% on Friday after cutting its outlook.
- 09/08/2023
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Goldman Sachs plans job cuts after performance reviews
- Goldman Sachs Group Inc. GS, +0.26% plans to lay off underperforming bankers as early as October as part of the bank's review process that has resulted in 1% to 5% overall job cuts in the past, the Financial Times reported. Citing people familiar with the bank, the FT report said Goldman is aiming for the lower end of the range in its investment banking and trading units.
- 09/08/2023
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Goldman Sachs to cull more staff as trading slump drags on
- Goldman Sachs (NYSE:GS) is set to wield the axe on staff numbers again in October in what has now become an annual round of culling those perceived to be weak performers by teh investment bank. Typically the cull sees 1% and 5% of staff depart, with this time Goldman is looking at the lower end of the range with a focus on its core investment banking and trading divisions, according to a report in the FT.
- 09/08/2023
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Goldman Sachs plans fresh round of job cuts for underperformers - FT
- Goldman Sachs is planning for another round of job cuts for employees who are deemed underperformers, which could come as soon as late October, the Finanical Times reported on Thursday, citing people familiar with the matter.
- 09/07/2023
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Goldman Sachs CEO David hits back at critics: ‘I don't recognize the caricature'
- "But that doesn't stop me from reflecting on anything that's said, and I always try to think about how I can do better," he said.
- 09/07/2023
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David Solomon defends his leadership of Goldman Sachs on CNBC. 'I don't recognize the caricature that is painted of me.
- David Solomon took to cable news network CNBC to defend his leadership of Goldman Sachs. The wide-ranging interview follows unrest at the highest levels, as Insider's Dakin Campbell has reported.
- 09/07/2023
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Goldman Sachs CEO David Solomon says he doesn't recognize ‘caricature' that critics have painted of him
- Embattled Goldman Sachs Group Inc. Chief Executive David Solomon said Thursday he remains optimistic about the firm's prospects despite media reports that he's difficult to work with as he continues to steer the bank toward an expected uptick in deal-making.
- 09/07/2023
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Goldman Sachs CEO David Solomon: I definitley feel better about capital markets
- David Solomon, Goldman Sachs CEO, sits down with CNBC's David Faber for a wide ranging interview that includes Solomon's take on negative press, Goldman Sachs' asset management strategy, the pace of M&A activity and much more.
- 09/07/2023
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Goldman Sachs CEO David Solomon sees Wall Street rebound if tech IPOs perform
- Capital markets could get a boost from upcoming tech IPOs, such as Arm and Instacart, Solomon told CNBC.
- 09/07/2023
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HSBC says buy these big banks
- The "Halftime Report" traders debate the biggest analyst calls of the day.
- 09/07/2023
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3 Investment Bank Stocks Watch as Industry Navigates Challenges
- Though near-erm concerns remain, the Zacks Investment Bank industry sees green shoots in underwriting and advisory businesses. This, along with decent trading, will aid companies like Morgan Stanley (MS), Goldman (GS) and Evercore (EVR) going forward.
- 09/06/2023
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CURO Completes Sale of Canadian Business, Flexiti, to Questrade
- CURO's subsidiary, CURO Intermediate Holdings, completes the sale of its Canadian point-of-sale business, FLX Holding, to Questrade.
- 09/06/2023
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Could Brent crude shoot above $100 a barrel - here's what Goldman thinks
- Goldman Sachs (NYSE:GS) has spotlighted a potential bullish trajectory for crude oil prices, suggesting that Brent could soar to as much as $107 per barrel (bbl) by December next year, a significant leap from its current forecast of $93/bbl for the same period. This revision comes in the wake of Saudi Arabia and Russia's unexpected announcement to extend their unilateral additional output cuts by three months through December 2023.
- 09/06/2023
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Goldman Sachs identifies U.S. stocks poised to benefit from the AI revolution
- As the artificial intelligence (AI) revolution plays out, there are 11 U.S. stocks that analysts at Goldman Sachs (NYSE:GS) believe will potentially benefit in the near term, “early winners” who have innovated and invested heavily in the technology and those who are enabling its commercialization.
- 09/05/2023
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Artificial intelligence: Bubble or boom? Goldman gives its verdict
- Artificial intelligence (AI) has evolved at break-neck speed. In less than a year the tech sector has been transformed by the introduction of large language models, which has spawned thousands of new business opportunities, while automation promises huge cost savings to businesses, but also threatens millions of jobs.
- 09/05/2023
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Goldman Sachs: The Vampire Squid Is Rising Again
- Goldman Sachs revenues across various business lines have decreased. The company has started to divest itself away from its ill-advised foray into mass consumer banking. GS remains a top investment bank in the industry and is streamlining its business to focus on its core competence.
- 09/04/2023
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Goldman Sachs: Poised For A Strong Recovery If You Have Enough Patience
- Goldman Sachs stock has failed to maintain a robust recovery despite bottoming out in July 2022. However, investors must remain patient to participate in its subsequent recovery. GS lost most of its July gains as sellers rushed out after its Q2 earnings release. However, I assessed buyers have returned last week. Given the current challenges, investors remain cautious about assigning higher valuation multiples to GS. However, investors are urged to look ahead and not focus on the present.
- 09/03/2023
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Goldman Sachs Maintains Buy Rating, With Strong Dividend Growth & Capital Strength
- Goldman Sachs Group (GS) buy rating from May maintained, in line with analysts' & Wall Street consensus. Positives: dividend growth, capital strength, share price vs moving average, valuation vs peers. Headwinds: earnings YoY drop.
- 09/03/2023
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My Top 10 High Yield Dividend Stocks For September 2023
- August saw a wave of volatility in equity markets, with the SPDR S&P Trust ETF falling by 1.63%. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 12.71% since its inception in November 2020. The list from August did not perform well, losing 4.93% last month, underperforming both VYM and SPY.
- 09/03/2023
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Goldman Sachs' asset-management unit sees slew of high-level exits under hard-charging boss
- Marc Nachmann – global head of the Asset and Wealth Management division -- has alienated some of his most experienced executives who describe him as “cold hearted” and “a one-man show,” sources told On the Money.
- 08/31/2023
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Goldman Sachs fintech unit TxB gets compliance warning from Fed: report
- Goldman Sachs Group Inc. GS, -0.14% financial technology transaction banking unit (TxB) has drawn a compliance warning from the U.S. Federal Reserve and has now ceased adding higher-risk nonbank clients to its platform, the Financial Times reported Thursday. Federal banking regulators flagged insufficient due diligence and monitoring by TxB, said the report, which cited people familiar with the process.
- 08/31/2023
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These are the 5 top risks to Apple stock ahead of its September iPhone 15 event, according to Goldman Sachs
- Investors are getting ready for Apple's mid-September event as it is expected to unveil the iPhone 15. Along with a new iPhone, Goldman Sachs said it expects Apple to announce new Watch and AirPods Pro products.
- 08/31/2023
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Goldman Sachs used Chinese state funds to buy US, UK firms: report
- Goldman used cash from a sovereign wealth fund to buy seven companies, including a cyber security firm that services the British government.
- 08/30/2023
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Asset managers and hedge funds are increasingly taking different positions in the U.S. Treasury market
- Asset managers and hedge funds are increasingly taking different positions inside the most liquid government-securities market in the world — and the gulf has only gotten wider this month.
- 08/30/2023
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Goldman (GS) Is Fined $5.5M for Non-Adherence to Record-Keeping
- Goldman (GS) is fined $5.5 million for violating record-keeping provisions, per CFTC order.
- 08/30/2023
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Goldman Sachs fined over failure to record commodity traders' conversations
- Goldman Sachs (NYSE:GS) has been hit with a US$5.5 million fine for failing to record and retain communications between swap traders in 2020. Thousands of calls ended up not being recorded due to an issue with new software installed in March 2020, according to the US Commodity Futures Trading Commission.
- 08/30/2023
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Goldman (GS) Works on GreenSky Sale Offers With Other Firms (Revised)
- Goldman (GS) is looking for final submission of offers in early September regarding the sale of its consumer lending unit.
- 08/30/2023
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Mike Mayo Sees 'Gut Punch' for Biggest Banks in Basel III Endgame
- Veteran analyst Mike Mayo, a managing director at Wells Fargo, says larger banks should prepare for a "punch to the stomach" from the stricter capital requirements contained in the Basel III Endgame proposal. He speaks on "Bloomberg Markets.
- 08/29/2023
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Goldman (GS) Works On GreenSky Sale Offers With Other Firms
- Goldman (GS) is looking for final submission of offers in early September regarding the sale of its consumer lending unit.
- 08/29/2023
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Goldman's (GS) Divestiture of PFM Unit to Result in a Gain
- Goldman (GS) agrees to sell its Personal Financial Management unit to Creative Planning with an aim to refocus on its core strengths of investment banking and trading businesses.
- 08/29/2023
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Idalia heads toward U.S., American Airlines fined $4.1M, Goldman Sachs sells personal finance unit
- Yahoo Finance anchor Akiko Fujita breaks down the top stories for Monday August 28, 2023 including Florida bracing for Tropical Storm Idalia, American AIrlines fined $4.1 million dollars, and Goldman Sachs selling off its personal finance unit acquired under CEO David Solomon.
- 08/28/2023
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These 2 Stocks Led the Dow Jones Industrials Higher Monday
- The Dow rose with the rest of the stock market on Monday. Reports suggested that 3M might be close to settling another major litigation issue.
- 08/28/2023
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Why Creative Planning Is Buying Goldman's Wealth Unit
- Creative Planning CEO Peter Mallouk explains why the firm decided to purchase Goldman Sachs Group's investment-advisory business. He speaks with Sonali Basak and Katie Greifeld on "Bloomberg Markets: The Close.
- 08/28/2023
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Goldman Sachs has decided to sell its Personal Financial Management unit
- Goldman Sachs Group Inc (NYSE: GS) inched up 1.0% on Monday after revealing plans of offloading its Personal Financial Management business to Creative Planning. Goldman Sachs to restore focus on ultra-rich clientele What the Kansas-based financial advisor is paying for its PFM unit remains unknown.
- 08/28/2023
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Goldman Sachs Sells Off $29 Billion Investment Advisory Business
- Goldman Sachs (GS) on Monday agreed to sell off its $29 billion Personal Financial Management (PFM) unit to Creative Planning, a Kansas-based Registered Investment Advisor (RIA).
- 08/28/2023
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Goldman Sachs CEO woes: A history of how the company has survived for 154 years
- Yahoo Finance Reporter David Hollerith chronicles the challenges that Goldman Sachs has faced over its 154-year history compared to what CEO David Solomon is facing today.
- 08/28/2023
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Final Trades: Goldman Sachs, Boeing & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 08/28/2023
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Goldman Sachs unloads another business acquired under CEO David Solomon
- Amid CEO David Solomon's push to unload or shutter several businesses tied to his retail banking plan, the high-net worth business was deemed too small.
- 08/28/2023
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Goldman Sachs selling Personal Financial Management (PFM) unit for undisclosed price
- Goldman Sachs Group Inc. GS, +1.39% said Monday it sold its Personal Financial Management (PFM) unit to Creative Planning LLC, a registered investment advisor, for an undisclosed sum. Creative Planning said its wealth management teams will continue to access services from Goldman Sachs Asset Management.
- 08/28/2023
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Goldman Sachs sells wealth advisory unit to Creative Planning in strategy shift
- Goldman bought the registered investment adviser, formerly known as United Capital Financial Partners, for $750 million in 2019.
- 08/28/2023
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Mysterious new California city backed by some of the biggest names in Silicon Valley: report
- A former Goldman Sachs trader has been quietly working to build an urban utopia in California.
- 08/28/2023
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Raymond James: A Diversified Financial Company
- The financial services sector is known for its exposure to credit cycles and economic downturns, which affect almost all areas of the sector. One conservative stalwart in this industry is Raymond James Financial Inc ( RJF , Financial), a diversified financial services company with four key segments.
- 08/25/2023
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Do analysts really add any value as stock pickers?
- In the labyrinthine corridors of the stock market, investment analysts stand as guiding beacons, illuminating paths for both institutional and individual investors. Their recommendations, often distilled into succinct terms like "buy," "sell," or "hold," are eagerly consumed by a market hungry for direction.
- 08/25/2023
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3 Very Oversold Dow Stocks to Buy Right Now
- The market tends to overreact to corporate financial results, leading many analysts on Wall Street to dub quarterly earnings reports the “silly season.” Many stocks rise or fall by 20% or more immediately after their quarterly prints are made public.
- 08/24/2023
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Goldman Sachs' back-to-office directive may signal further layoffs looming
- If it isn't layoffs, it could be another year of disappointing bonuses, insiders fear.
- 08/24/2023
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18 Upcoming Dividend Increases, Including 2 Dividend Kings
- Investors prioritize dividends as companies that consistently increase payouts tend to outperform. Lists of upcoming dividend increases are compiled, focusing on companies with at least five years of consistent dividend growth. The article provides tables and metrics for investors to analyze dividend rates, growth rates, and historical returns.
- 08/24/2023
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Goldman Sachs, Morgan Stanley, JPMorgan, and UBS to pay $499M in stock lending settlement
- Goldman Sachs (NYSE:GS) Group Inc, Morgan Stanley (NYSE:MS), JPMorgan Chase & Co (NYSE:JPM) and UBS AG have agreed to pay $499 million to settle an antitrust class action by US pension funds over the banks' control of the market for stock loans used for hedging and short selling, Bloomberg reported late Wednesday. The media outlet noted that Credit Suisse AG last year agreed to pay $81 million to settle the claims against it.
- 08/24/2023
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JPM, MS, GS & UBS Settle Stock Lending Lawsuit, to Pay $499M
- Goldman (GS), Morgan Stanley (MS), JPMorgan (JPM) and UBS Group (UBS) settle a lawsuit alleging rigging of the stock loans market and collectively agree to pay $499 million.
- 08/24/2023
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Morgan Stanley, JPMorgan, Goldman in $500M settlement in stock lending antitrust suit
- JPMorgan Chase & Co. JPM, +0.68%, Morgan Stanley MS, +0.49%, Goldman Sachs Group Inc. GS, +1.11%, UBS Group AG UBS, +2.49% and EquiLend agreed to pay $500 million in cash to settle a six-year-old antitrust suit led by four pension funds and an advisory firm called Torus Capital LLC, according to a statement issued late Wednesday. Negotiations with Bank of America Corp. BAC, +0.04% are continuing, said law firm Cohen Milstein Sellers & Toll PLLC.
- 08/24/2023
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Goldman, JPMorgan, Morgan Stanley, UBS in $499 million stock lending settlement
- Goldman Sachs, JPMorgan Chase, Morgan Stanley and UBS have agreed to pay $499 million to settle an antitrust lawsuit by investors who accused them of conspiring to stifle competition in the stock lending market.
- 08/23/2023
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Goldman (GS) Considers Selling PFM, Will Focus on Ultra-Rich (Revised)
- Goldman (GS) is considering the sale of PFM, a part of its wealth management business, to focus on its ultra-high-net-worth clients. It plans to scale back its ambitions to serve the mass consumers.
- 08/23/2023
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Third Quarter Is Key for Goldman Sachs CEO, Cohan Says
- William Cohan, Puck founding partner and author, talks about the power struggle in Goldman Sachs and what CEO David Solomon has to do to keep his job.
- 08/22/2023
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Goldman Sachs to Enforce Five Days a Week Office Policy
- Goldman Sachs is embarking on a fresh effort to enforce its policy of working from the office five days a week. Sri Natarajan and William Cohan, author of "Money and Power: How Goldman Sachs Came to Rule the World," react on "Bloomberg Markets: The Close.
- 08/22/2023
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Stock Market Crash Alert: S&P Bank Downgrades Rock Stocks
- A number of major American banks are in the red today following S&P Globals' credit ratings adjustments on several regional lenders yesterday. Fears of a stock market crash are swirling as equity markets continue to show some sheepishness heading further into the second half of the year.
- 08/22/2023
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Goldman Sachs cancels ‘Summer Fridays,' wants staff in office five days a week
- CEO David Solomon, who has been dogged by critical coverage as the bank's profits have sagged this year, has taken great pride in bringing employees back to the office.
- 08/22/2023
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A government shutdown is more likely than not, says Goldman Sachs' Alec Phillips
- Alec Phillips, Goldman Sachs Global Investment Research chief U.S. political economist, joins 'The Exchange' to discuss the likelihood of a government shutdown, the Treasury's attempt to raise funds through bond issuances, and partisan disagreements about government spending.
- 08/22/2023
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Goldman (GS) Considers Selling PFM, To Focus on Ultra-Rich
- Goldman (GS) is considering the sale of PFM, part of its wealth management business, to focus on its ultra-high-net-worth clients. It plans to scale back its ambitions to serve mass consumers.
- 08/22/2023
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U.S. banks and regional lenders slide across the board as S&P is latest to downgrade ratings
- U.S. banks and regional banks fell across the board on Tuesday, after S&P Global Ratings downgraded five smaller players after a review of risk related to funding, liquidity and asset quality with a focus on office commercial real estate.
- 08/22/2023
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The AI boom will power 2 big stock market trades over the next decade, Goldman Sachs says
- The first AI trade has already unfolded in the stock market as investors bid up the "enablers" like Nvidia. But there's a second, long-term AI trade to be had in the stock market, according to Goldman Sachs.
- 08/22/2023
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A US government shutdown looks likely, and it'll hit stock and the economy, Goldman Sachs says
- A US government shutdown is more likely than not to happen in 2023, Goldman Sachs warned. Lawmakers have been sparring over government spending and are unlikely to agree on a budget in time.
- 08/22/2023
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Nvidia may be the AI stock for now, but here are the picks for later, says Goldman Sachs
- Wall Street looks ready to build on Monday's gains, the first in five sessions for the S&P 500 SPX and Nasdaq Composite COMP. That's as expectations build around Nvidia, which has had a lackluster August, to knock it out of the park with earnings on Wednesday.
- 08/22/2023
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Goldman Sachs mulls sale of investment advisory unit — undoing David Solomon strategy
- The Wall Street investment giant is looking to offload its Personal Financial Management unit, which manages around $29 billion in assets.
- 08/21/2023
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Goldman Sachs plans to keep investment advice to super-rich, opts to sell PFM unit
- Goldman Sachs (NYSE:GS) is hoisting the ‘for sale' sign over its PFM business, previously United Capital Financial Partners, bought in 2019, as the Wall Street banking giant takes its latest strategic step backwards. PFM, Personal Financial Management, manages some US$29 billion of asset value and was bought by the bank for US$750 million around four years ago.
- 08/21/2023
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Goldman Sachs may sell unit with $29 billion in assets
- The New York bank said it's putting its Personal Financial Management unit — which has $29 billion in assets — on the block.
- 08/21/2023
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Dealmakers predict M&A trough in private-market deals may smooth out in coming months
- While the latest monthly figures point to a sharp drop in global private equity and venture capital deals, private M&A dealmakers have grown more optimistic about the prospects for the end of the year.
- 08/18/2023
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Goldman Sachs still a buy, bank analyst says, despite noise around CEO David Solomon
- Goldman Sachs Group Inc. Chief Executive David Solomon should stay in the job despite recent criticism and even as the bank's stock performance has lagged its peers, Odeon Capital analyst Dick Bove said on Friday.
- 08/18/2023
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August's stock option expiry to add spice to Friday's trading
- The expiry of August's stock-market options could add some spice to Friday's trading session already reeling from global events and fears of rising interest rates. US stock option contracts with a notional value of $2.2 trillion are set to expire, according to traders, about average for an off-month expiration.
- 08/18/2023
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Better Buy: Goldman Sachs or Morgan Stanley
- Goldman Sachs generates about two-thirds of its revenue from investment banking. Morgan Stanley has a more diverse revenue stream.
- 08/18/2023
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Goldman Sachs Plans Hiring Spree Amid Fed Scrutiny
- Goldman Sachs is enlisting several hundred new staffers to help address concerns from authorities including the Federal Reserve, according to people with knowledge of the matter, who asked not to be named discussing confidential plans. Sridhar Natarajan has more on "Bloomberg Markets: The Close.
- 08/17/2023
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Fitch warns it may be forced to downgrade banks: Report
- Fitch is warning it may cut the ratings on dozens of banks, according to CNBC. Fitch cut its assessment on banks in June, but it was largely missed.
- 08/15/2023
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Fitch warns it may have to downgrade slew of US banks including giants like JPMorgan
- Fitch Ratings in June cut its "operating environment" score for the US banking sector. Fitch analyst Chris Wolfe told CNBC that another downgrade would mean banking giants like JPMorgan face reevaluations.
- 08/15/2023
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Lloyd Blankfein says he 'can't imagine' returning to Goldman Sachs
- Blankfein, a former CEO of Goldman Sachs, pushed back on a report saying he had offered to return to the firm to help current CEO David Solomon.
- 08/14/2023
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Goldman Sachs under scrutiny following a wave of troubling articles
- CNBC's Hugh Son joins 'Power Lunch' to weigh in on the negativity following Goldman Sachs.
- 08/14/2023
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Markets Wait for Retail Sector Earnings
- Markets Wait for Retail Sector Earnings.
- 08/14/2023
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Dog Days of the Market: Taking It Slow This Morning
- Pre-market futures were in the green but have slid into the red roughly an hour before today's opening bell.
- 08/14/2023
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Goldman CEO Solomon's Leadership Under Scrutiny
- There have been concerns about Goldman's consumer banking effort and questions around David Solomon's leadership as CEO. But a New York magazine article over the weekend took this all a step further, asking, "Is David Solomon Too Big a Jerk to Run Goldman Sachs?
- 08/14/2023
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Goldman CEO David Solomon faces criticism at bank amid struggles: report
- Goldman Sachs Group Inc. CEO David Solomon's management style has been drawing criticism from within the company as the bank's stock price has lagged its peers, according to a New York Times report.
- 08/14/2023
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Mike Mayo Says 'Upset' Traders Behind Disquiet Talk at Goldman
- Veteran analyst Mike Mayo, a managing director at Wells Fargo, says Goldman Sachs Group traders that are "going to the press" after seeing a decline in pay are fueling talk of discontent at the firm. "Last year was a bad year for Goldman, people were paid down when they had great years," he says on "Bloomberg Surveillance.
- 08/14/2023
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Embattled Goldman Sachs CEO David Solomon reportedly confronted by Lloyd Blankfein after losing $50M on bank's stock slide
- He told Solomon that he was running out of patience and offered to return to the firm in an advisory role, according to the New York Times.
- 08/11/2023
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Banks Fined by Regulators for Non-Adherence to Record-keeping
- Banks like Wells Fargo (WFC), BNP Paribas (BNPQY) and Moelis & Company (MC) face fines totaling $549 million from regulators for failure to maintain proper communication records. This follows similar actions on large banks, including JPM and GS.
- 08/10/2023
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The 3 Best Bank Stocks to Buy for August 2023
- Bank stocks have been thrust into the investor spotlight due to the recent Federal Reserve stress tests and the drama about regional banks. However, despite these challenging waves, a few bank stocks have kept their heads above water, drawing investors to hunt for the best bank stocks to buy.
- 08/09/2023
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12 Books That May Help You Become a Better Investor
- Most people's year runs either alongside the calendar year or the tax year. For reasons I won't get in to, my year starts in August, and I try to make some “New Year's resolutions” for the year ahead.
- 08/09/2023
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Big US banks are reportedly trying to dump commercial real estate loans - but buyers are scarce as pressures mount for property markets
- Big banks are trying to dump commercial real estate loans as pressures mount in the sector. JPMorgan, Goldman Sachs, and Capital One are among those trying to shed debt exposure, sources told Bloomberg.
- 08/09/2023
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What To Expect From Goldman Sachs Stock?
- Goldman Sachs' stock (NYSE: GS) has gained approximately 4% YTD as compared to the 18% rise in the S&P500 index over the same period.
- 08/09/2023
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Goldman Sachs says chief of staff John Rogers to step back from longtime role
- The move comes at a key time for Goldman CEO David Solomon, who has endured criticism over a failed consumer banking effort, his DJ hobby and other missteps.
- 08/08/2023
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Markets Plunge at Midday After Bank Downgrades
- U.S. equities sank at midday on Tuesday, Aug. 8, 2023, following bank downgrades by Moody's and data showing credit card debt rose to a record.
- 08/08/2023
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Bank ETFs head for worst day in 3 months after credit downgrades, warnings rattle sector
- U.S.-listed exchange-traded funds that buy bank stocks fell on Tuesday, after Moody's Investors Service late said it put a handful of major U.S. banks on review for a possible downgrade and lowered debt ratings on several small and midsize banks.
- 08/08/2023
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Goldman Sachs' Rogers to step back from chief of staff role-memo
- John Rogers, an influential Goldman Sachs executive, will step back from his role as chief of staff next month, according to an internal memo.
- 08/08/2023
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Why Are Bank Stocks Down Today?
- Bank stocks are falling on Tuesday and investors can look to Moody's lowering credit ratings as the reason for the decline. The credit rating business started off the bad news for bank stocks by cutting credit ratings for 10 banks.
- 08/08/2023
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Moody's warns it could cut credit ratings of 6 big US banks
- Moody's has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and Northern Trust, under review for a possible downgrade.
- 08/08/2023
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Longtime Goldman executive Jeff Currie joins exodus of bankers from firm in last few months
- Jeff Currie, who served as global head of commodities research, is leaving after 27 years, according to a memo sent to employees Monday.
- 08/07/2023
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A $2 trillion corporate debt wall will spark job losses in 2024, Goldman Sachs says
- A $2 trillion corporate debt wall is about to shake the economy with job losses, according to Goldman Sachs. The bank estimated that the economy could shed 5,000 jobs per month in 2024 due to rising debt interest costs.
- 08/07/2023
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My Top 15 High Growth Dividend Stocks For August 2023
- The watchlist from July posted a gain of 5.36% last month, outperforming the SPDR S&P 500 Trust ETF and Vanguard's Dividend Appreciation ETF. The top 15 dividend growth stocks for August offer an average dividend yield of 1.58% and appear about 32% undervalued based on dividend yield theory. Since inception, September 2020, the watchlist is beating VIG by 5.24% and SPY by 4.53%.
- 08/05/2023
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Goldman Sachs' future hinges on a low-profile, high-growth business
- Goldman Sachs CEO David Solomon has hitched his fortunes to asset and wealth management after dropping his ill-fated retail banking effort.
- 08/05/2023
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Banking Bulls: 2 Stocks Set To Breakout
- The financial sector has steadily firmed over recent months, as the Financial Select Sector SPDR Fund NYSE: XLF has climbed over 11% in three months after finding support near a critical level. In the dynamic world of financials, two stocks have caught the attention of investors: JPMorgan Chase & Co. NYSE: JPM and The Goldman Sachs Group, Inc. NYSE: GS.
- 08/04/2023
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BofA holds No. 1 position in corporate bond underwriting, with Wells Fargo moving up to No.
- Bank of America Corp.'s investment bank BofA Securities remained the top corporate debt issuer in 2023 as of Aug. 1, while Wells Fargo Securities LLC has bumped JPMorgan Chase & Co. for the No. 2 slot, according to S&P Global Market Intelligence data.
- 08/03/2023
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Apple Card Saving Accounts Offered by Goldman Sachs Cross $10 Billion in Deposits
- With its high yields and the ubiquity of iPhones, Apple's savings account has attracted over $10 billion in deposits since its launch in April.
- 08/03/2023
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Apple's Goldman Savings Accounts Reaches $10 Billion
- Financial services could provide a source of growth in Apple's report, when it is expected to report a drop in iPhone and other electronics sales.
- 08/03/2023
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Sell Alert: 3 Financial Services Stocks to Dump ASAP
- It's been a tough year for banks and the financial services industry, primarily from the implosion of several regional lenders that resulted in government takeovers. Year to date, the S&P Banks Select Industry Index is down 7%.
- 08/02/2023
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My Top 10 High Yield Dividend Stocks For August 2023
- The strong equity market continued in July, with impressive gains for the SPDR S&P Trust ETF, Vanguard's High Dividend Yield ETF, and my watchlist. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 15.22% since its inception in November 2020. The list from July posted a solid gain of 6.11%, outpacing both VYM and SPY.
- 08/02/2023
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Goldman Sachs Loses Another Top Executive
- Another executive is leaving Goldman Sachs. Lisa Opoku, 51, spent about two decades at the Wall Street giant, where she last ran the Goldman Sachs Partner Family Office.
- 08/01/2023
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Birkenstock eyeing potential IPO worth more than $8 billion
- Birkenstocks may soon be coming to the trading room floor. L Catterton, the private equity firm with backing from luxury French fashion house LVMH, is planning a potential listing that could value the iconic German sandal brand at more than $8 billion.
- 07/31/2023
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The Best Artificial Intelligence (AI) Growth Stock to Buy Now, According to Wall Street
- Morgan Stanley analyst Keith Weiss says Microsoft is the software company best positioned to monetize generative artificial intelligence (AI). Microsoft dominates the market for enterprise software-as-a-service products, and Microsoft Azure is gaining ground in cloud computing.
- 07/31/2023
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The one thing Elon Musk, Ray Dalio, Apple and Goldman Sachs agree on: India
- Some of the biggest names in global investing and business are hailing India as the next big investment destination. The nation's booming tech scene, buoyant stock market, and youthful population are just some of the factors going for it.
- 07/30/2023
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Two Goldman Sachs executives join exodus amid overhaul by CEO David Solomon
- Goldman Sachs faces a possible leadership crisis after two more top executives reportedly said they are leaving the Wall Street giant amid embattled CEO David Solomon's push to overhaul its key asset management division.
- 07/28/2023
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Goldman Sachs and Linklaters appointed to oversee Daily Telegraph sale
- The Telegraph Media Group has appointed investment bank Goldman Sachs (NYSE:GS) and law firm Linklaters to assist in the sale of The Daily and Sunday Telegraph and The Spectator, according to a statement released on Friday. Last month, Lloyds Banking Group took control of the newspaper group following the failure of their ultimate owners, the Barclay family, to repay loans.
- 07/28/2023
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US Biggest Banks Face 19% Boost in Capital Mandates
- US regulators have unveiled plans to impose even tighter capital rules on big banks. Vonnie Quinn reports on Bloomberg Television.
- 07/27/2023
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These are the companies that had the biggest impact on the Dow's historic winning streak
- The Dow Jones Industrial Average will likely conclude its historic 13-session winning streak on Thursday.
- 07/27/2023
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Apple likely to top 3Q earnings estimates, says Goldman Sachs
- Apple is expected to report a year-over-year decline in both profit and sales when it hands down its fiscal third quarter 2023 ended in June after the market close on Thursday, August 3. Wall Street analysts, on average, expect the iPhone maker to report a 0.8% drop in earnings per share from $1.20 in the year-ago quarter to $1.19, according to Zacks Consensus Estimate.
- 07/27/2023
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Goldman Sachs Stock Gets a Downgrade. It's About Valuation.
- Citi analysts said the bank's target of a 15% to 17% return on shareholders' equity was achievable but will take time and a more favorable business environment.
- 07/25/2023
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5 Things to Know Before Markets Open
- GM shares climb as the automaker raises its guidance and cuts costs, while shares of Spotify advance after reporting a growing user base and raising prices on its services. Here's what investors need to know today.
- 07/25/2023
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Goldman Sachs rating cut to neutral by Citi
- Goldman Sachs Group GS, +1.98% was downgraded to neutral from buy at Citi, though its price target was increased to $400 from $370. Analysts led by Keith Horowitz say the 15% to 17% return on average tangible common shareholders' equity target is achievable but will take time as well as a better investment banking environment.
- 07/25/2023
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7 Stocks to Double Your Money in Today's Markets
- The stock market continues to rip higher. And this year, the gains are primarily concentrated in technology stocks, specifically companies that are involved in artificial intelligence.
- 07/24/2023
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Goldman Sachs expects 'all time high' oil demand to spur large deficits, boosting prices
- Goldman Sachs forecasts "sizeable deficits" in the oil markets driving higher crude prices, especially as an "all time high" demand for the commodity looms.
- 07/24/2023
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How To Allocate $15,000 Among 2 ETFs And July's Top 10 Dividend Growth Companies
- How To Allocate $15,000 Among 2 ETFs And July's Top 10 Dividend Growth Companies
- 07/22/2023
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Wall Street's most AI-enthusiastic bank delivers machine-generated research notes
- JPMorgan Chase & Co., the largest U.S. bank, has been wading into artificial intelligence to a greater extent than its rivals and is now producing a series of research notes that are AI-generated.The move represents something of a step forward in an area that's been seen as ripe for disruption — investment research — at a time when the AI revolution is taking hold on Wall Street. At JPMorgan, AI is being used to create short summaries of human-produced reports and then link those reports inside the firm's Cross Asset Spotlight.
- 07/21/2023
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Goldman Sachs Is a Mess. Why It's Time to Buy the Stock.
- With markets rallying and the Federal Trade Commission unable to stop deal-making in court, a rebound in capital-markets activity alone could propel the stock.
- 07/21/2023
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Friday will be an active day on Wall Street with a major index overhaul and options expiration
- Two underlying shifts in the stock market could increase volatility on Friday.
- 07/21/2023
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A Hidden Gem: The Bank Stock Flying Under The Radar
- We've already kicked off our coverage of the financial sector's earnings season, with some of the titans like Goldman Sachs Group Inc NYSE: GS among the heaviest traded stocks this week. But there's one bank stock, whose roots go back even further than Goldman, that we think has been flying under the radar.
- 07/21/2023
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Final Trades: Charles Schwab, Biogen & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 07/20/2023
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My Top 10 Dividend Growth Stocks To Invest In For July 2023
- In today's article, I will introduce you to 10 dividend growth companies that I believe are attractive to invest in right now. The 10 selected picks have shown an Average Dividend Growth Rate [CAGR] of 22.27% over the past 5 years. The Average P/E [FWD] Ratio of the selected picks stands at 21.52, which is attractive in my opinion due to the companies' growth perspectives.
- 07/20/2023
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Goldman Sachs's stock powers into positive territory for 2023 as analysts look past mixed Q2
- Goldman Sachs Group Inc. stock on Thursday moved into positive territory for the first time since February, as Wall Street bought into the idea that better times await the marquee investment bank.
- 07/20/2023
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Bank Stocks' Q2 Earnings Show Consumer & Corporate Tug-of-War
- Resilient consumers but a cautious corporate behavior pulled the strings on banking earnings in the second quarter.
- 07/20/2023
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Goldman Sachs earnings: 'The bad news is out,' analyst says
- Wells Fargo Managing Director Mike Mayo spoke down Yahoo Finance Live anchors Brian Sozzi and Seana Smith about Goldman Sachs Q2 earnings and the challenges facing the company and CEO David Solomon.
- 07/19/2023
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Trending Stocks July 19, 2023: Carvana, Constellation Brands, Goldman Sachs
- Yahoo Finance Brian Sozzi breaks down the trending stocks for July 19, 2023 including Carvana, Constellation Brands and Goldman Sachs.
- 07/19/2023
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Goldman's investment banking and dealmaker troubles at a 'trough' now, says KBW's David Konrad
- David Konrad, KBW managing director, joins 'Power Lunch' to discuss Goldman Sachs earnings miss this morning.
- 07/19/2023
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The 2 Mega-Cap Stocks You Should Really Be Watching Wednesday
- Stock markets largely maintained their upward momentum. ASML Holding shares fell despite strong results from the semiconductor equipment maker.
- 07/19/2023
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Investors cheer Wall Street's green shoots as bank executives stay cautious
- U.S. banking giants reported lackluster results for investment banking in the second quarter, but that has not stopped investors from buying their stocks as a bet on revived dealmaking.
- 07/19/2023
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The Goldman Sachs Group, Inc. (GS) Q2 2023 Earnings Call Transcript
- The Goldman Sachs Group, Inc. (NYSE:GS.PK ) Q2 2023 Earnings Conference Call July 19, 2023 9:30 AM ET Company Participants Carey Halio - Head of Investor Relations & Chief Strategy Officer David Solomon - Chairman & Chief Executive Officer Denis Coleman - Chief Financial Officer Conference Call Participants Glenn Schorr - Evercore Ebrahim Poonawala - Bank of America Steven Chubak - Wolfe Research Betsy Graseck - Morgan Stanley Mike Mayo - Wells Fargo Brennan Hawken - UBS Devin Ryan - JMP Securities Daniel Fannon - Jefferies Matt O'Connor - Deutsche Bank Gerard Cassidy - RBC Capital Markets James Mitchell - Seaport Global Operator Good morning. My name is Katie and I will be your conference facilitator today.
- 07/19/2023
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Goldman Sachs profit plunges in Q2, here's how the company stacks up against the competition
- Yahoo Finance Senior Reporter David Hollerith breaks down Goldman Sach's earnings compared to other big banks.
- 07/19/2023
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Eventful Q2 Earnings Season; Housing Starts Down
- Soon, it's reasonable to expect market participants will question whether they are too far out ahead of future market gains, but so far the party continues.
- 07/19/2023
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Goldman (GS) Q2 Earnings Miss on Weak IB, Revenues Fall Y/Y
- The muted IB business on a slump in deal-making activities and higher expenses hurt Goldman's (GS) Q2 earnings.
- 07/19/2023
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Weak Data For Housing Market in June
- Weak Data For Housing Market in June.
- 07/19/2023
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Goldman Profit Down 58% On GreenSky Goodwill Write-Down, Real Estate Investments
- Goldman Sachs net earnings plunged 58% as it wrote-off goodwill for its GreenSky consumer lending platform and marked down real estate investments all while investment bank dealmaking—a big source of its fee revenue—slowed down.
- 07/19/2023
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Goldman Sachs' profit plunges 58% in second quarter
- Goldman's second quarter results lag behind those of rivals JPMorgan Chase, Bank of America, Morgan Stanley, and Citigroup.
- 07/19/2023
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Goldman Sachs Isn't Transforming Fast Enough
- The bank's shrinking principal investment holdings still make earnings too volatile
- 07/19/2023
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Profits Decline At Goldman Sachs, Time To Pick Up Cheap Shares?
- Most investors may be disappointed that the mystical firm, The Goldman Sachs Group NYSE: GS, a name often synonymous with the creme de la creme on Wall Street, has reported declining business profitability. Regarding banking earnings this summer, there is a degree of expectancy from markets and investors alike, especially after weighing the effects of the FED rate hikes.
- 07/19/2023
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Goldman Sachs profits plunge 58% as dealmaking dries up
- Goldman Sachs reported a sharp drop in profit on Wednesday as dealmaking and trading, a core part of the mega bank's business, dry up. The Wall Street titan also felt the pain of a nearly $1 billion reduction in the value of its consumer and real estate businesses.
- 07/19/2023
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Goldman Sachs (GS) Q2 Earnings Miss Estimates
- Goldman Sachs (GS) came out with quarterly earnings of $3.08 per share, missing the Zacks Consensus Estimate of $3.25 per share. This compares to earnings of $7.73 per share a year ago.
- 07/19/2023
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Goldman Sachs reports slump in 2Q earnings on GreenSky writedown, fewer deals
- Goldman Sachs (NYSE:GS) has reported a sharp decline in second-quarter earnings after the investment bank wrote down its investment in home improvement lender GreenSky and due to a decline in M&A activity. In a results statement, the bank attributed an increase in operating expenses to a $504 million impairment of goodwill related to its consumer platforms unit and impairments of approximately $485 million related to consolidated real estate investments.
- 07/19/2023
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Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback
- The bank also took impairments related to real-estate investments, much of it tied to office properties.
- 07/19/2023
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Goldman Sachs misses on profit after hits from GreenSky, real estate
- CNBC's Leslie Picker reports on the firm's quarterly earnings results.
- 07/19/2023
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Goldman Sachs Misses on 2Q FICC Sales, Trading Revenue
- Goldman Sachs Group Inc. reported second-quarter results that saw FICC sales and trading revenue fall short of expectations at $2.71 billion. Sonali Basak breaks down the numbers on “Bloomberg Surveillance.
- 07/19/2023
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5 Things to Know Before Markets Open
- Goldman Sachs leads another day of bank earnings and housing starts are expected to have pulled back in June after a jump in May. Here's what investors need to know today.
- 07/19/2023
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Get ready for a historic slowdown in home-price growth, Goldman says
- Goldman Sachs expects minimal growth in home prices over the next few years. Prices are likely to rise less than 2% this year and next, and less than 4% in 2025 and 2026.
- 07/19/2023
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Goldman Sachs profit fall short of estimates but revenue beats mark
- Goldman Sachs Group Inc. GS, +3.08% stock was down 0.7% in premarket trades Wednesday after the bank reported second-quarter earnings that fell short of Wall Street's lowered expectations. Goldman Sachs said its earnings for the three months ended June 30 fell by more than half to $1.07 billion, or $3.08 a share, from $2.79 billion, or $7.73 a share, in the year-ago period.
- 07/19/2023
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What happened in Beijing? Here are two theories on what it means for markets
- There was, one could say, a highly speculative story from the New York Post that Treasury Secretary Janet Yellen may have consumed hallucinogenic mushrooms during her trip to China. CNN offered a bit more detail, pointing out the mushrooms are not hallucinogenic when cooked, which the restaurant where she dined insists they were.
- 07/19/2023
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Goldman Sachs is set to report second-quarter earnings — here's what the Street expects
- With costly write-downs and a continued Wall Street slump expected to weigh on Goldman Sachs results this quarter, expectations have been set low.
- 07/19/2023
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S&P 500, Nasdaq: Highest Levels in 15 Months
- Tomorrow is the most consequential Q2 earnings day yet: not only Tesla (TSLA) and Netflix (NFLX) after the close, but also Goldman Sachs (GS) and United (UAL) before the bell.
- 07/18/2023
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Goldman Sachs will have difficulty 'firing on all cylinders' for a quarter in 2023: CFRA's Ken Leon
- Ken Leon, CFRA Director of Equity Research, joins 'Closing Bell Overtime' to talk bank earnings, investment banking and more.
- 07/18/2023
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Profits at Wall Street's major banks tank on weak trading, dealmaking
- Morgan Stanley's second-quarter earnings tanked 13% year-over-year, beating analysts' scanty estimates as dealmaking has dried up on Wall Street.
- 07/18/2023
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Focus: Goldman Sachs CEO's growth strategy gets traction with board-sources
- Goldman Sachs' board supports CEO David Solomon's focus on its core Wall Street businesses and asset management, according to two sources close to Solomon.
- 07/18/2023
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Bank ETFs bounce, with this fund heading for potentially best month since 2021
- Exchange-traded funds that buy bank stocks were jumping Tuesday as investors assessed Wall Street's latest batch of second-quarter earnings results from giants including Bank of America and Morgan Stanley.
- 07/18/2023
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US will probably avoid a recession, says Goldman Sachs
- Goldman Sachs (NYSE:GS) has revised its assessment of the likelihood of a US recession within the next 12 months, lowering the probability from 25% to 20%. Although this figure remains slightly above the average postwar probability of 15% for a recession occurring approximately every seven years, it is significantly lower than the median of 54% reported by forecasters in the recent Wall Street Journal survey.
- 07/18/2023
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Dow scores 6th day of wins to start busy week for earnings
- U.S. stocks finished at new highs for the year on Monday to kick off a busy week for corporate earnings, with the Nasdaq leading the way up. The Dow Jones Industrial Average DJIA, +0.22% rose about 76 points, or 0.2%, ending near 34,585, based on preliminary FactSet data.
- 07/17/2023
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Bank earnings: Analyst breaks down net income growth, credit, and profits
- RBC Capital Markets Managing Director Gerard Cassidy spoke with Yahoo Finance Live anchors Diane King Hall and Julie Hyman about bank earnings
- 07/17/2023
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Our buy recommendations are slanted towards the biggest banks, says Barclays' Jason Goldberg
- Jason Goldberg, Barclays managing director and senior equity analyst, joins 'Squawk Box' to discuss the big bank earnings, the message in the data so far, and more.
- 07/17/2023
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3 Cheap Retirement Stocks for Your July Must-Buy List
- In retirement, investors need income and stability. While bonds provide income, they might lack adequate appreciation to grow an investor's nest egg.
- 07/16/2023
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3 Doomed Dow Stocks Destined for Disaster
- Although acquiring shares of companies listed in the Dow Jones Industrial Average tends to be a smart wager, shifting economic circumstances might raise a cloud of suspicion over certain doomed Dow stocks to avoid. To be 100% clear, this list represents a mental exercise based on forward circumstances that may or may not materialize.
- 07/16/2023
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The nation's biggest banks are gearing up for more consumer struggles ahead
- JPMorgan Chase & Co. Chief Executive Jamie Dimon on Friday said the U.S. economy was basically doing OK, even if customers were spending “a little more slowly.”
- 07/16/2023
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Bull Market Buys: 2 Stocks Just Waiting to Soar
- BlackRock is the world's largest asset manager and thrives when the stock market does. Goldman Sachs is a leading investment banker that should fly when the M&A market rebounds.
- 07/15/2023
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Bank earnings estimates could edge up after Friday's reports, says Goldman Sachs' Richard Ramsden
- Richard Ramsden, Goldman Sachs analyst, joins 'Closing Bell Overtime' to talk bank earnings, the impact of the credit crunch on commercial real estate and more.
- 07/13/2023
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JPMorgan, Citi and Wells earnings to unleash borrowing blitz by banks
- Big U.S. banks kick off second-quarter earnings on Friday, with investors bracing for a subsequent wave of borrowing in the bond market from America's top lenders.
- 07/13/2023
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Options Traders Bullish on Bank Stock Before Earnings
- Goldman Sachs Group Inc (NYSE:GS) is among the bank names that will announce second-quarter earnings next week, with its report slated for release before the open on Wednesday, July 19.
- 07/13/2023
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Big Bank earnings: What investors should be looking for
- Gillian Tett, The Financial Times Editor-at-Large, U.S., spoke with Yahoo Finance Live anchors Brad Smith and Julie Hyman about what investors should be looking for from big banks' quarterly reports.
- 07/13/2023
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Liquid Death beverage company taps Goldman Sachs for IPO
- Liquid Death, a canned water company with the tagline ‘murder your thirst', has hired Goldman Sachs (NYSE:GS) for a potential initial public offering (IPO) as soon as the spring of 2024, The Information.com reported late Wednesday. According to Liquid Death board member Peter Pham, the Millennial and Gen Z targeted beverage brand was valued at $700 million in a $70 million financing round led by Science Ventures last year.
- 07/13/2023
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Why These 3 Stocks Are the Best Ways to Play Banks Right Now
- Bank stocks are on investors' radar after the recent Federal Reserve stress tests and previous issues with regional banks. Despite all that, many bank stocks have been trading well.
- 07/13/2023
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2 Things to Watch as Banks Enter Earnings Season
- Banking sector earnings can tell us a thing or two about the state of the economy.
- 07/13/2023
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Odeon Capital upgrades Goldman Sachs to buy from hold
- Odeon Capital analyst Richard Bove on Thursday upgraded Goldman Sachs Group Inc. GS, +1.72% stock to buy from hold as investors look beyond what's expected to be a rocky second-quarter update from the investment bank on July 19. Even with losses in the stock since its November high of $388.86 to about $326 now, it's still selling at a 2% premium to book value even as others trade at discounts to net worth, Bove said.
- 07/13/2023
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Liquid Death taps Goldman Sachs for initial public offering: Report
- Supplying Demand Inc., the Santa Monica, Calif.-based parent of millennial beverage brand Liquid Death Inc., is working with Goldman Sachs Group Inc. GS, +1.72% on an initial public offering for 2024, The Information reported on Wednesday.
- 07/13/2023
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3 Bank Stocks Hiking Their Dividends at Least 10%
- Investors have wondered about banks' ability to return capital to shareholders due to the challenging environment. Most banks have also been preparing for higher capital requirements, which has made them cautious about their capital return plans.
- 07/13/2023
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Goldman Breaks Own Rule to Discuss Results
- Goldman Sachs Group Inc. has embraced a new game plan to avoid a third straight quarter of disappointing investors on earnings day. Executives have been actively downplaying expectations for results that will be disclosed next week.
- 07/13/2023
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Muted Trading, IB Revenues to Ail Goldman's (GS) Q2 Earnings
- Slump in trading, and muted merger and acquisition volumes are expected to have affected Goldman's (GS) Q2 earnings amid rising expenses.
- 07/12/2023
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Societe Generale Downgrades Goldman Sachs Group (GS)
- Fintel reports that on July 10, 2023, Societe Generale downgraded their outlook for Goldman Sachs Group (NYSE:GS) from Buy to Hold.
- 07/12/2023
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Bank earnings: Why it is important to watch deposits amid higher interest rates
- Yahoo Finance Reporter David Hollerith explains why investors and Wall Street will be watching bank deposits amid higher interest and following the regional bank crisis.
- 07/11/2023
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Bank Earnings Analysis: JP Morgan versus Goldman Sachs
- JP Morgan kicks off earnings season this Friday July 14th. Goldman Sachs does not report until next week July 19th.
- 07/11/2023
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Jefferies slashes earnings estimates for Goldman and Morgan Stanley ahead of earnings updates next week
- Jefferies analyst Daniel Fannon on Tuesday cut his earnings estimates for Goldman Sachs Group Inc. GS, +0.41% and Morgan Stanley MS, +0.05% ahead of second-quarter updates from the banks in coming days. Citing a decline in investment banking and sales and trading, Fannon lowered his second-quarter profit view for Goldman Sachs by 56% to $3.82 a share, below the latest consensus estimate of $4.73 a share, as compiled by FactSet.
- 07/11/2023
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Megabank profits on tap after eventful Q2 of bank failures and climbing interest rates
- JPMorgan Chase & Co., Wells Fargo & Co. and Citigroup Inc. kick off second-quarter earnings season Friday after one of the choppiest three-month periods for the banking sector since the global financial crisis.
- 07/10/2023
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3 Cheap Bank Stocks to Buy Before They Bounce Back
- The market is having a tremendous year so far in 2023, with the S&P 500 up nearly 15%. However, bank stocks have missed out on the party.
- 07/10/2023
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The American banking landscape is on the cusp of a seismic shift
- CNBC's Hugh Son joins 'Power Lunch' to report the potential issues facing banks ahead.
- 07/10/2023
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The Fed is about to tighten the screws on America's biggest banks
- The Fed's Michael Barr proposed tougher capital rules for banks on Monday. The banking industry has previously warned that more regulation could weigh on the economy.
- 07/10/2023
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Blockchain Tech Gains Important Supporters
- Major financial institutions and high-level professional investors have mostly dipped their toes into the world of cryptocurrency. However, their enthusiasm for blockchain technology and its various applications is more palpable and that could be a long-term plus for exchange traded funds such as the Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC).
- 07/10/2023
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Go Rentals wins financial backing from RedBird Capital
- Luxury car rental company Go Rentals said Monday it received an undisclosed “significant investment” from RedBird Capital Partners, the private equity firm founded by former Goldman Sachs Group Inc. GS, +0.69% deal banker Gerry Cardinale. Go Rentals CEO and co-founder Kaye Gitibin said, “RedBird is a world-class private equity investor with an exceptional record of building industry leading businesses and creating opportunities for access and expansion to adjacent luxury markets.
- 07/10/2023
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Goldman Sachs CEO Sounds Alarm Bells for Commercial Real Estate Sector
- Commercial real estate has come under pressure due to high interest rates, office vacancies, and a pullback in bank lending. Goldman Sachs posted $400 million in impairment losses on its commercial real estate loans and expects to see further losses in the coming quarters.
- 07/09/2023
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The Retirees' Dividend Portfolio: John And Jane's June 2023 Taxable Account Update
- The Taxable Account generated $2,111.31 of dividend income for June 2023 compared with $1,825.40 of dividend income for June 2022. The Taxable Account had a balance of $533.9K as of June 30, 2023, vs. $493.5K on June 30, 2022. The annualized cost basis yield is 5.44%. Five companies in the Taxable portfolio paid increased dividends or paid a special dividend during the month of June.
- 07/08/2023
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Dow Jones Today: Index Falls After Soft Jobs Report
- Job creation came in lower than expected, and investors are still worried about higher interest rates, sending the Dow lower by about 190 points.
- 07/07/2023
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Birkenstock considering $6B US IPO: reports
- Birkenstock, owned by Louis Vuitton Moet Hennessy (EPA:MC) (LVMH)-backed private equity firm L Catterton, is considering an initial public offering (IPO) valued at more than $6 billion, according to media reports. The German sandal maker is reportedly working with advisors including Goldman Sachs (NYSE:GS) and JPMorgan & Chase Co on a possible US listing.
- 07/07/2023
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Dow Jones Today: Index Plunges on Strong Jobs Data
- The Dow Jones Industrial Average fell 1.1%, or 366 points, Thursday after private sector payroll data showed that the labor market remains strong, raising fears that the Federal Reserve could hike rates faster or higher than planned.
- 07/06/2023
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US bank stocks fall as investors turn jittery ahead of Q2 results
- U.S. bank stocks fell and a key regional index hit a near two-week low on Thursday amid lingering worries about the health of the lenders in the aftermath of the crisis in regional banks and ahead of second-quarter results that start next week.
- 07/06/2023
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These 20 banks have had the largest cuts to earnings estimates
- Earnings season for the largest U.S. banks will begin on Friday, July 14, when JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. announce their second-quarter results. Rounding out the “big six” industry group, Bank of America Corp., Goldman Sachs Group Inc. and Morgan Stanley are all scheduled to report on July 18.
- 07/06/2023
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Chinese investors are not expecting much stimulus as growth stalls, Goldman Sachs says
- Goldman Sachs' said its clients in mainland China have "low expectations" for further stimulus measures to prop up the economy, the firm's economists wrote in a Wednesday note.
- 07/06/2023
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New Goldman Sachs' report reveals historic underfunding at HBCUs
- Gizelle George-Joseph, Chief Operating Officer of the Goldman Sachs Global Investment Research Division, and CNBC's Sharon Epperson discuss why historically black colleges and universities in the U.S. remain underfunded.
- 07/05/2023
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The 'Rule of 10' can help investors identify the next big stock market winners, according to Goldman Sachs
- Investors are always on the hunt for secular growth stocks that could become the next mega-cap giant like Apple or Microsoft. Goldman Sachs identified financial characteristics that could help investors in their search.
- 07/05/2023
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These Banks Are Boosting Dividends After Safe Stress Tests
- After the collapse of Silicon Valley Bank NASDAQ: SIVB a few months ago, regional and larger banks across the United States saw their stocks decline as a systematic reaction to the news. As is a typical procedure, the larger banks responsible for a more significant share of the American consumer's deposits are going through periodic stress tests, whose results have been long awaited by investors to justify moving past perceived risks.
- 07/05/2023
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Goldman Sachs Reportedly Mulling Apple Card Move To Amex
- The Goldman Sachs Group NYSE: GS is reportedly in talks with American Express Co. NYSE: AXP regarding its Apple Inc. NASDAQ: AAPL credit card and other consumer-focused products connected with Apple.
- 07/05/2023
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Chinese banking shares fall after Goldman Sachs downgrades
- Chinese banking stocks listed in Hong Kong tumbled on Wednesday after Goldman Sachs downgraded ratings on some Chinese banks in a report and raised questions over the whole sector.
- 07/05/2023
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These stocks could be the next Magnificent Seven market leaders, says Goldman Sachs
- “Can tech keep up the pace?” is a burning question for many with regards to a sector that helped drive the S&P 500 SPX, +0.12% to its best first half since 2019.
- 07/04/2023
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Goldman Sachs dubs Southern Co stock a ‘most differentiated fundamental buy idea'
- Southern Co (NYSE: SO) shareholders will likely be rewarded for their patience over the next 12 months, says Carly Davenport – a Goldman Sachs analyst.
- 07/03/2023
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Goldman (GS) to Hike Dividend by 10% Post Stress Test Results
- With a minimum Standardized CET1 ratio requirement of 13% determined for Goldman (GS) effective Oct 1, it announces plans to increase the quarterly dividend by 10%.
- 07/03/2023
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Goldman Sachs strategist says this market is the 'most fertile ground' for picking stocks
- Goldman Sachs' Sunil Koul says the amount of interest from global investors on India is "off the charts" right now. He also believes this market is the "best structural story" in emerging markets.
- 07/03/2023
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Goldman Reportedly Wants to Hand Off Apple Card to Amex
- Goldman Sachs' credit card partnership with Apple could be nearing an end. The banking giant is said to be in discussions with American Express to take over the credit card and other collaborations between Goldman and Apple, The Wall Street Journal (WSJ) reported Friday (June 30), citing sources familiar with the matter.
- 07/02/2023
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Goldman Sachs is thinking about breaking up with Apple after losing billions on its consumer banking push, reports say
- Goldman Sachs may be looking to end its partnership with Apple, The Wall Street Journal reported. It started offering an Apple-branded credit card in 2019 and more products since then.
- 07/01/2023
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Goldman Sachs reportedly looking to exit credit card deal with Apple
- The bank is in talks with American Express to take over its Apple credit card and other ventures with the tech giant, the report added.
- 07/01/2023
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Goldman Sachs Mulls Exiting Partnership With Apple
- The investment-banking giant is weighing whether to end its partnership with Apple, the Wall Street Journal reports.
- 07/01/2023
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U.S. Banks Gird For Dose Of Post-Stress-Test Trauma
- U.S. Banks Gird For Dose Of Post-Stress-Test Trauma
- 06/30/2023
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JMP Securities Reiterates Goldman Sachs Market Outperform Recommendation
- Fintel reports that on June 30, 2023, JMP Securities reiterated coverage of Goldman Sachs Group (NYSE:GS) with a Market Outperform recommendation.
- 06/30/2023
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Goldman may be trying to bail on Apple Card
- Four years after partnering with Apple on the launch of the Apple Card, Goldman Sachs may be eyeing the exits. The Wall Street Journal reports that Goldman is “looking for a way out” of its high-profile deal with Apple, which recently expanded to include savings accounts for Apple Card holders.
- 06/30/2023
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Goldman in talks to offload Apple credit, savings products to American Express, source says
- Goldman Sachs is in talks to offload its Apple credit card and high-yield savings account products to American Express, a source told CNBC's Leslie Picker.
- 06/30/2023
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Goldman Sachs is looking to leave Apple partnership: WSJ
- Goldman Sachs Group Inc. GS, -0.17% is weighing whether to leave its partnership with Apple Inc. AAPL, +2.31%, amid a broader retreat from consumer banking, the Wall Street Journal reported on Friday. The Journal, citing people familiar with the matter, said Goldman was seeking ways to hand off its Apple credit card and other initiatives from the partnership to American Express Co. AXP, +1.23%.
- 06/30/2023
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Goldman Sachs Is Still A High Quality Buy
- Goldman Sachs has strong fundamentals, attractive valuation, and growth opportunities, particularly in its wealth management and alternative assets segments. There are risks, including competition and the impact of a possible economic downturn on the demand for financial services. Despite these risks, I believe Goldman Sachs is a good investment due to its stable operation, sales and EPS growth, and its position as a trusted financial institution making shares of Goldman Sachs a buy.
- 06/30/2023
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Are You Looking for a High-Growth Dividend Stock?
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 06/30/2023
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Goldman Sachs nominates former BofA executive Montag to join board
- Members of Goldman Sachs' board nominated former Bank of America executive Tom Montag to join as an independent director, according to a filing on Thursday.
- 06/29/2023
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Dow Jones Today: Banks Bump Up Index
- JPMorgan and Goldman Sachs shares gained ground after passing the Fed's stress test, lifting other financials with them.
- 06/29/2023
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Goldman Sachs Is No Longer the World's Top Dealmaker
- Goldman Sachs Group Inc. has lost its ranking as the world's top mergers and acquisitions adviser for the first time in five years. JPMorgan is now number one based on data compiled by Bloomberg.
- 06/29/2023
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Why Dividend Investors Must Watch Bank Stocks Now
- Markets were mixed, with tech taking a back seat on Thursday. Bank stress tests from the Federal Reserve were generally favorable.
- 06/29/2023
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Goldman Sachs's dealmaking crown slips a bit
- Refinitiv and Bloomberg say Goldman Sachs lost the top M&A ranking for the first half for the first time in 5 years. Another data firm, Dealogic, still has Goldman on top.
- 06/29/2023
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Goldman Sachs stock posting biggest one-day gain since November
- Goldman Sachs Group Inc. GS, +3.27% is moving up by 3.6% as bank stocks advanced on the heels of a mostly favorable Fed stress test. The stock is on pace for its largest percent increase since Nov. 10, when it rose by 4.5%, according to Dow Jones Market Data.
- 06/29/2023
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JPMorgan, Bank of America, Goldman May Lift Dividends After Stress Tests
- Big banks cleared the Fed stress tests Wednesday are could announce increased dividends Friday.
- 06/29/2023
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Banks to be Conservative Despite Passing 2023 Stress Test
- All 23 banks have passed the Federal Reserve's 2023 stress test. Yet, the banks, expected to announce capital plans on Friday, will likely be a little conservative this time.
- 06/29/2023
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Russell 2000 small-cap index could outperform S&P 500 in next year, Goldman Sachs analysts say
- The Russell 2000 small-cap index could outperform the S&P 500 over the next 12 months, according to analysts at Goldman Sachs (NYSE:GS). In a report published Wednesday, Goldman analysts wrote that the Russell 2000 should gain 14% over the next year while projecting a 9% gain for the S&P 500 for the same period.
- 06/29/2023
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We think the fundamentals will eventually materialize in WTI & Brent: Goldman Sachs' Jeff Currie
- Jeff Currie, Goldman Sachs global head of commodities research, joins 'Squawk Box' to discuss the latest oil prices and inventory levels, the future of oil demand, and more.
- 06/29/2023
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Better valuations are ahead for bank stocks following stress test results: Christopher Marinac
- Christopher Marinac, Janney Montgomery Scott director of research, joins 'Fast Money' to discuss the results of the Federal Reserve's banking stress test and what that means for bank stocks moving forward.
- 06/28/2023
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All 23 stress tested banks stayed above the Fed's minimum capital requierments
- Charles Lieberman, Advisors Capital Management CIO and Bruce Harting, Wedbush managing director, join 'Closing Bell Overtime' to discuss the banking sector, the latest banking data from the Federal Reserve, and more.
- 06/28/2023
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US banks shrug off turmoil to ace Fed's annual health checks
- Among the top performers were Charles Schwab Corp. and Deutsche Bank's U.S. operations, while regional lenders Citizens Financial Corp. and US Bancorp were the laggards of the pack.
- 06/28/2023
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U.S. biggest banks can weather severe recession: Fed's annual bank stress test
- (Kitco News) - All 23 of the U.S. biggest banks are well positioned to weather a severe recession scenario and continue to provide lending to households and businesses, the Federal Reserve said in its annual bank stress test.
- 06/28/2023
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Fed Stress Test Results Show All 23 Banks Passed
- The 23 largest US banks passed the Federal Reserve's annual stress test, clearing the way for payouts. Sonali Basak has more on "Bloomberg Markets: The Close.
- 06/28/2023
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UBS to Cut Majority of Jobs at Credit Suisse From Next Month
- UBS Group AG (UBS) is likely to cut more than half of Credit Suisse's workforce beginning next month.
- 06/28/2023
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It's a really high bar for Fed not to hike rates, says Goldman Sachs' Alexandra Wilson-Elizondo
- Alexandra Wilson-Elizondo, Goldman Sachs Asset Management deputy CIO of multi-asset solutions, joins 'Squawk on the Street' to discuss what it'll take to tame inflation, the message from the last Federal Reserve meeting, and more.
- 06/28/2023
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The Fed is about to reveal how safe America's biggest banks are after the crisis earlier this year
- The Federal Reserve is set to release the results from its annual bank stress test on Wednesday after US markets close. The tests, born out of the Great Recession, are undertaken in order to determine if the nation's largest banks can withstand a severe economic downturn.
- 06/28/2023
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The 7 Most Undervalued Blue-Chip Stocks to Buy Now: June 2023
- Looking for undervalued blue-chip stocks to buy? This is a great time to be doing so.
- 06/27/2023
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Tesla stock's best run since 2020 is spoilt by Wall Street downgrades as Goldman Sachs, Morgan Stanley flag overvaluation risks
- Tesla shares have soared since April, pushing the EV maker's valuation above $750 billion. But Wall Street is starting to shift to a more cautious outlook for the stock.
- 06/27/2023
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Odey Asset Management suspends flagship fund
- Scandal-hit Odey Asset Management has suspended its main fund amid a tidal wave of requests from investors looking to pull money from the firm. “The fund board has determined that it would not be in the best interests of the fund and its shareholders as a whole to continue to permit issues and redemptions of shares,” the firm told investors on Tuesday.
- 06/27/2023
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Goldman Sachs Looks Interesting, Yielding 3.18%, Going Into The Second Half Of 2023
- Goldman Sachs shares have declined by 25.01% since August 2021 and are currently trading at a 3.19% premium to book value and 9.81 times 2023 projected earnings. GS has a strong history of rewarding shareholders through buybacks and increasing dividends, with an 11-year streak of annual dividend increases and a 25.07% reduction in shares outstanding over the past decade. The company's future prospects look promising, with potential for increased revenue from brokerage commissions, trading and principal transactions, and asset management fees, as well as benefiting from IPO and M&A activity.
- 06/27/2023
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2023 Layoff Tracker: KPMG, Robinhood, Goldman Sachs Reportedly Cutting Hundreds
- Second quarter layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first quarter of 2023.
- 06/26/2023
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Goldman Sachs slaps Tesla with another downgrade
- Despite a recent winning streak spanning 13 consecutive days and a $240 billion boost to valuation, Goldman Sachs slapped Tesla with its fourth share downgrade of the month.
- 06/26/2023
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Goldman Sachs stock down for sixth straight day
- Goldman Sachs Group Inc.'s GS, -0.23% stock is down about 0.1% to $314.52 a share on Monday. If that dollar level holds at the closing bell, Goldman Sachs' stock would be at its lowest level since March 24 when it closed at $312.57 a share, according to Dow Jones Market Data.
- 06/26/2023
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Goldman Sachs (GS) Fires 125 Managing Directors Globally
- Goldman Sachs (GS) is firing 125 MD positions across the globe amid a significant slowdown in the IB divisions.
- 06/26/2023
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Goldman (GS) Likely to See Notable Writedown on GreenSky Sale
- Goldman (GS) is expected to see a notable writedown for the sale of its consumer lending platform, GreenSky.
- 06/26/2023
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David Solomon ally Tom Montag expected to get seat on Goldman board amid layoffs
- Tom Montag will be the first banker appointed to Goldman's board under CEO David Solomon, who hasn't been winning popularity contests with the rank and file since helming multiple waves of layoffs.
- 06/26/2023
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Goldman Sachs taps former BofA executive Tom Montag for board -source
- Goldman Sachs Group Inc plans to add former Bank of America executive Tom Montag to its board, a person familiar with the matter said on Monday, as Goldman's leadership faces challenges over its strategy.
- 06/26/2023
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How are 23 Large Banks Going to Fare in 2023 Stress Test?
- Large banks, including Goldman, Bank of America, Morgan Stanley, JPMorgan and Citigroup, will be in spotlight as the Fed releases 2023 stress test results later this week.
- 06/26/2023
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Banking: Major banks subject to stress tests are well capitalized, strategist says
- Tony Dwyer, Canaccord Genuity's Chief Market Strategis spoke with Yahoo Finance Live anchors Julie Hyman and Diane King Hall about bank stress tests, regional banks, the economy and the market.
- 06/26/2023
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Goldman Sachs to ax 125 managing directors worldwide in latest layoffs
- Goldman Sachs has executed at least three rounds of layoffs in the past year. In the latest, about 125 managing directors will be handed pink slips in an effort to cut costs during a deals slump.
- 06/26/2023
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2023 Layoff Tracker: Goldman Sachs Reportedly Cutting Managing Directors
- Second quarter layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first quarter of 2023.
- 06/26/2023
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5 Things to Know Before Markets Open
- Lucid shares surged after announcing a deal with luxury automaker Aston Martin, and Tesla shares fell as Goldman Sachs analysts join others in downgrading the stock. Here's what investors need to know today.
- 06/26/2023
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Tesla stock drops again after Goldman Sachs downgrades, as yet another Wall Street firm slashes rating
- Shares of Tesla Inc. fell in premarket trading on Monday after Goldman Sachs became the latest to warn clients that it may be time to take some profits.
- 06/26/2023
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Big US banks to face Fed's annual stress tests this week
- The Federal Reserve will release the results of this year's banking "stress tests" on Wednesday, helping assess the stability of financial instutions.
- 06/26/2023
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Big US banks to fare well in annual health checks despite spring turmoil
- Big U.S. lenders are expected to show they have ample capital to weather any fresh turmoil in the banking sector during this week's Federal Reserve health checks, although resulting investor payouts are likely to dip slightly, analysts said.
- 06/26/2023
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Goldman Sachs Cutting About 125 MDs; JPMorgan Cuts 40 Dealmakers
- Wall Street firms are slashing more jobs. Goldman Sachs Group Inc. has started cutting managing directors across the globe, according to people familiar with the matter.
- 06/25/2023
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Don't hold your breath on David Solomon being axed from Goldman Sachs
- Goldman CEOs go on to become treasury secretaries, governors, and senators when they leave the job. DJ D-Sol will likely be spinning records when he's through.
- 06/24/2023
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How To Build A Dividend Portfolio With $25,000 Among June's Top 30 Stocks
- A dividend income-oriented investment portfolio can provide you with an excellent source of extra income via dividend payments. I will show you how you could build an investment portfolio with my top 10 high dividend yield, dividend growth, and growth companies for the month of June. This portfolio provides you with a Weighted Average Dividend Yield [TTM] of 3.58% and has shown a Weighted Average Dividend Growth Rate [CAGR] of 11.05%.
- 06/24/2023
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What the heck is going on at Goldman Sachs
- It's been non-stop negativity over at Goldman Sachs recently. The latest: Another big departure, the prospect of a large writedown, and a report questioning CEO David Solomon's future.
- 06/23/2023
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Goldman Sachs reportedly facing writedown on troubled $2.2B GreenSky deal
- "One bidder said GreenSky is worth roughly $300 million, while another said it was worth closer to $500 million," according to the report.
- 06/23/2023
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Goldman Sachs stock falls amid reports of big writedown on CEO's GreenSky deal: report
- Goldman Sachs (NYSE:GS) faces a significant writedown on its investment in GreenSky as it seeks buyers for the fintech lender, CNBC reported on Friday. Its shares fell 1.5% to $314.88 shortly after the market opened.
- 06/23/2023
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Goldman Sachs may book write-down in the value of GreenSky as sales process continues: CNBC
- Synchrony Financial SYF, -1.07%, KKR & Co. KKR, -2.54%, Apollo Global Management APO, -1.28%, Sixth Street Partners and Warburg Pincus have bid on the installment loan business of Goldman Sachs Group Inc.'s GS, -1.25% GreenSky consumer lending business, but the bids are coming up below what Goldman wants, CNBC reported, citing people familiar with the process. Goldman Sachs may end up getting far less for the GreenSky businesses than it paid when it acquired the company for $1.7 billion in stock when the deal closed in 2021, the report said.
- 06/23/2023
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Goldman Sachs faces big writedown on GreenSky deal, CNBC reports
- Goldman Sachs is likely to take a large writedown for its $2.2 billion acquisition of fintech lender GreenSky after seeking to divest the business it bought in 2021, CNBC reported on Friday, citing people with knowledge of the sale process.
- 06/23/2023
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Here's Why You Should Hold Goldman (GS) in Your Portfolio
- Goldman's (GS) business diversification and sound capital position are likely to aid growth. However, sluggish capital market activity is likely to impede trading revenues while rising costs ail.
- 06/23/2023
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Dow Jones Today: Index Flat as Investors Mull Global Rate Decisions
- The Dow Jones Industrial Average closed down 0.01%, or 4 points, spending most of the day in the red as investors digested the latest moves by central banks around the world.
- 06/22/2023
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UBS to Face Penalties Over Credit Suisse's Archegos Debacle
- UBS is likely to face regulatory fines over Credit Suisse's dealings with Archegos.
- 06/22/2023
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Bank stocks fall again in fourth straight day of losses
- Bank stocks are down on Thursday for the fourth straight day amid talk of higher interest rates and increased capital requirements by regulators to strengthen the banking system. Eighty-eight out of 89 components of the SPDR S&P Bank ETF KBE, -2.19% are down, while the overall index is lower by 2.4%.
- 06/22/2023
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The Goldman Sachs Group, Inc. (GS) Is a Trending Stock: Facts to Know Before Betting on It
- Goldman (GS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 06/21/2023
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Second Goldman Sachs veteran joins private credit firm Star Mountain
- Star Mountain Capital LLC, a private loan provider with $3.5 billion of assets under management, on Wednesday said Goldman Sachs Group Inc. GS, -2.24% vice president MaryAnn Pasquarello Stauffer has joined the firm as a managing director in its Philadelphia office. It's the second Goldman Sachs executive to join Star Mountain this year after ex-Goldman partner George Mattson became president of the firm.
- 06/21/2023
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Why Goldman Sachs, Morgan Stanley are AI plays: Portfolio manager
- Yahoo Finance anchors Diane King Hall and Seana Smith spoke with Jeremy Bryan, Senior Portfolio Manager at Gradient Investments about how Goldman Sachs and Morgan Stanley could benefit from the AI hype. Bryan also lays out why he is not a fan of Molson Coors and Caterpillar.
- 06/20/2023
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Insider trading: Understanding the murky white collar criminal world
- Insider trading—the act of trading a company's stock or other securities by individuals with access to non-public, material information about the company—has long been the white-collar crime equivalent of a magic trick: often suspected, rarely proven. A US court case involving a former Goldman Sachs banker and his squash partner has catapulted the issue back into the headlines as well as underlining the need to combat the issue once and for all.
- 06/20/2023
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Kodiak Gas Services launches up to $352M IPO
- Kodiak Gas Services said on Tuesday that it intends to raise up to $352 million in an initial public offering (IPO) in the United States. The operator of contract compression infrastructure said it plans to sell 16 million shares of its stock at an anticipated IPO price of between $19 and $22 per share, raising up to $352 million.
- 06/20/2023
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You Can't Control Bank Volatility, But You Can Control What You Do About It
- Bank stocks have seen their share of volatility this year. Investors can take advantage of the volatility by looking for good values.
- 06/20/2023
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Goldman joins Wall Street banks in cutting China's growth outlook as post-Covid bounce fades
- Goldman Sachs sees further turbulence ahead for the Chinese economy as the recovery from its stringent Covid measures continue to disappoint.
- 06/18/2023
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Goldman Sachs: A Solid Investment for the Next Decade
- Securities firms are solid investments when bought at the bottom of an economic cycle. Although many in the news media have declared a new bull market, the economy is not yet out of the woods.
- 06/17/2023
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Wall Street Banks Are Doubling Down on AI
- Wall Street giants JPMorgan Chase & Co. ( JPM , Financial) and Goldman Sachs Group Inc. ( GS , Financial) have tightened their grip on artificial intelligence. The banking powerhouses are harnessing the potential of the technology to revolutionize investment advice, optimize operational workflows and enhance customer experiences.
- 06/16/2023
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Goldman Sachs employees are concerned about CEO David Solomon's leadership style
- CNBC's Hugh Son joins 'The Exchange' to discuss internal conflict within Goldman Sachs, concerns about CEO David Solomon's DJ lifestyle, and undercurrents of displeasure within the Goldman Sachs workforce.
- 06/16/2023
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Goldman Sachs stock has underperfomed peers as CEO David Solomon's tough year gets tougher
- Goldman Sachs CEO David Solomon did not have a good week in what's been a difficult year for the head of the giant Wall Street investment bank.
- 06/16/2023
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Goldman Sachs Working On Third Layoffs Round, Confirms Cut To Asia Banking Team
- Goldman Sachs has cut 30 roles in its Asia investment banking division, with rumors swirling of hundreds more job losses coming
- 06/16/2023
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If I Could Only Buy 2 Dividend Growth Companies In June 2023
- Investing in dividend growth companies can bring you a lot of benefits when investing over the long term. I will introduce you to two companies that have shown impressive dividend growth rates within the past years. Furthermore, I believe that both are excellent picks in terms of Profitability, and I consider their Valuation to be attractive.
- 06/15/2023
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Goldman Sachs Under Federal Investigation Over Role In SVB Collapse, Report Says
- The probe is the latest into SVB's collapse, which sent shockwaves through the banking industry as fears of a system-wide contagion emerged.
- 06/15/2023
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Goldman Sachs reportedly probed by Fed, SEC over Silicon Valley Bank collapse
- Goldman Sachs is being scrutinized for buying up Silicon Valley Bank's debt while advising it to raise capital, according to a report.
- 06/15/2023
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Goldman Sachs stock falls into the red on WSJ report of SEC probe into the bank's role in securities sales prior to Silicon Valley Bank failure
- Goldman Sachs Group Inc. GS stock is down 0.5%, reversing gains from earlier in the session, after The Wall Street Journal reported that the Securities and Exchange Commission is investigating the role of the bank in buying Silicon Valley Bank's securities portfolio prior to the bank's collapse in March. Citing people familiar with the probe, the newspaper reported that the Justice Department has also issued a subpoena to Goldman as part of its broader investigation of Silicon Valley Bank.
- 06/15/2023
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Fed, SEC probing Goldman Sachs's role in Silicon Valley Bank's final days - WSJ
- The U.S. Federal Reserve and the Securities and Exchange Commission are investigating Goldman Sachs Group's role in buying Silicon Valley Bank's securities portfolio while it was working on the bank's capital raise, the Wall Street Journal reported on Thursday.
- 06/15/2023
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Goldman (GS) Eliminating 30 IB Positions in the Asia Region
- In response to the global plunge in dealmaking and trading revenues, Goldman (GS) is following its peers to navigate industry headwinds by introducing a fresh round of layoffs in its IB division.
- 06/15/2023
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Goldman Sachs to intensify cost-cutting drive amid continued revenue concerns
- Goldman Sachs (NYSE:GS) management is set to take its cost-cutting measures to the next level as part of its bid to slash $1 billion in costs, including potential further job cuts. According to a Reuters report citing four sources familiar with the matter, the company's managing directors met this month and were told to accelerate their cost-cutting efforts.
- 06/15/2023
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Banks report the largest-ever quarterly sequential drop in uninsured deposits in Q1: S&P
- Bank of America Corp. BAC, Citigroup Inc. C and Wells Fargo & Co. WFC reported drops in uninsured deposits as of March 31 as part of an overall sequential decline of 7.8% or $597.49 billion in uninsured deposits by all U.S. banks as of the end of the first quarter, S&P Global Inc. said in a research note published Thursday. JPMorgan Chase & Co. JPM reported a 1.9% increase in uninsured deposits.
- 06/15/2023
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Goldman cutting more than 30 Asia investment banking jobs - sources
- Goldman Sachs Group is cutting more than 30 banking jobs in Asia, two sources with knowledge of the matter said, as a challenging markets environment weighs on Wall Street banks' dealmaking and trading revenues.
- 06/14/2023
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Why Are Insurance Stocks HUM, UNH, ELV, CI Down Today?
- Insurance stocks are plunging nearly across the board today. This appears to be true whether we're talking about sector leaders like Humana (NYSE: HUM ), UnitedHealth (NYSE: UNH ), Elevance Health (NYSE: ELV ) and Cigna (NYSE: CI ) or other smaller names in the space.
- 06/14/2023
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Why Goldman Sachs (GS) is a Great Dividend Stock Right Now
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 06/14/2023
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Goldman's (GS) GreenSky Gets Buyout Offers From Investment Firms
- Goldman's (GS) consumer lending platform GreenSky receives bids from Apollo Global Management, Sixth Street and Warburg Pincus.
- 06/14/2023
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Ex-Goldman Sachs bankers square up in court over alleged insider trading
- Two former Goldman Sachs (NYSE:GS) bankers swapped accusations in court today as a trial over alleged insider trading got underway in New York. Brijesh Goel, a former vice president at the merchant bank, is alleged to have passed information on numerous deals to his friend Akshay Niranjan in 2017 and 2018.
- 06/14/2023
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3 Investment Bank Stocks on the Radar Despite Industry Woes
- A muted IB performance amid rising rates and other macroeconomic woes will keep hurting the Zacks Investment Bank industry. Yet, a decent trading business is likely to offer some support to industry players like Morgan Stanley (MS), Goldman (GS) & Evercore (EVR).
- 06/14/2023
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Goldman Sachs Puts GreenSky Up for Sale: Potential Buyers Express Interest
- Goldman Sachs is exploring strategic alternatives for its consumer arm and FinTech unit GreenSky as it scales down its retail ambitions. Among the firms that submitted initial bids for the installment lending platform, which Goldman Sachs acquired for $2.24 billion last March, are Apollo Global, Sixth Street, and Warburg Pincus.
- 06/13/2023
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Goldman Sachs isn't just spinning records it's breaking records, says Wells Fargo's Mike Mayo
- Mike Mayo, Wells Fargo managing director, joins 'Last Call' to discuss a new Wall Street Journal report that Goldman Sachs CEO David Solomon may be the target of continuing frustration inside the company.
- 06/13/2023
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3 Bank Stocks Ready for a Big Comeback
- A lot of uncertainty continues to hang over bank stocks. Analysts and investors remain divided over whether the bank failures that occurred in March and April of this year are behind us, or if there could be more trouble ahead for the sector.
- 06/13/2023
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Why some Goldman Sachs partners continue to be unhappy with CEO David Solomon
- A senior Goldman Sachs partner told CEO David Solomon that his DJing was not befitting a top Wall Street bank CEO, per The Wall Street Journal. The former CEO, Lloyd Blankfein, has complained about Solomon's side gig.
- 06/13/2023
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Goldman Sachs CEO David Solomon is surprised at the economy's strength - but warns of commercial real-estate pain
- The US economy's resilience has taken Goldman Sachs CEO David Solomon by surprise. "The US economy has been incredibly resilient, and I would say that I have been surprised over the course of last year," he told CNBC.
- 06/13/2023
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Goldman Sachs CEO David Solomon ‘surprised' at U.S. economy's resilience, says ‘it's a period to be a little bit cautious'
- David Solomon, chief executive officer at Goldman Sachs Group, GS, +1.10% has been “surprised” at the resilience of the U.S. economy over the course of the last year as the Federal Reserve aggressively tightened its monetary policy, according to his interview Monday with CNBC's “Squawk on the Street” program.
- 06/12/2023
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The 7 Best Reddit Stocks to Buy Now
- As the financial landscape evolves rapidly, it's tough to ignore the powerful influence of the Reddit community. Through forums such as r/WallStreetBets, this passionate digital collective has emerged as a robust force, driving the narrative around the best Reddit stocks.
- 06/12/2023
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Goldman Sachs CEO David Solomon warns of pain ahead for commercial real estate
- The commercial real estate industry is in the throes of a painful adjustment to higher borrowing costs and lower occupancy rates.
- 06/12/2023
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This Historical Indicator Makes Buffett's Bank Of America A Buy
- It is widely known amongst the investing community that attempting to time the markets is often a futile activity. However, when market forces align to demonstrate inevitable points at play, very seldom do investors thank their lucky stars that they did not ride the wave.
- 06/12/2023
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Goldman Sachs FinTech Head Stephanie Cohen Taking Leave of Absence
- The head of Goldman Sachs Group's FinTech unit is taking a leave of absence. Stephanie Cohen, global head of the firm's Platform Solutions unit and a management committee member, is doing so for family reasons, according to two company memos shared with PYMNTS.
- 06/09/2023
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Here's What the Goldman Sachs Layoffs Mean for GS Stock
- If you feel that 2023's financial-sector crisis has passed, you might be tempted to load up on Goldman Sachs (NYSE: GS ) stock. Yet, a top executive at Goldman Sachs recently issued a warning that investors should pay attention to.
- 06/09/2023
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Goldman Sachs COO warns of 'mini stagflationary' scenario where sticky inflation eats away at economic growth
- Brace for a "mini stagflation" scenario where sticky inflation eats away at US economic growth, Goldman Sachs' COO said. "That's not going to be called a recession, but it's not going to feel great," John Waldron said at the Bloomberg Invest conference.
- 06/09/2023
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Goldman Sachs COO claims US faces "mini stagflation"
- The US may yet avoid a recession but still faces the possibility of “mini stagflation,” Goldman Sachs Group Inc President and Chief Operating Officer John Waldron said at the Bloomberg Invest conference. “This is the best predicted recession that hasn't happened yet and may not happen,” Waldron said.
- 06/09/2023
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Odey Asset Management reportedly faces losing access to key brokers
- The broking operations of Goldman Sachs (NYSE:GS), JPMorgan, and Morgan Stanley (NYSE:MS), are reassessing their relationships with Odey Asset Management amid sexual misconduct allegations against the firm's founder, Crispin Odey, Reuters has reported, citing sources familiar with the matter. The allegations, stemming from a joint investigation by the Financial Times and Tortoise Media, include accusations from 13 women over a span of 25 years.
- 06/09/2023
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7 Momentum Stocks That Could Skyrocket in the Next 12 Months
- Some of the market's top momentum stocks appear to be on the cusp of a breakout. Whether it is due to strong earnings, new products, or improving sentiment, some of these stocks have a buzz about them.
- 06/08/2023
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Dow Jones Today: CAT Lifts Up Index Up
- Caterpillar and Goldman Sachs lead the Dow higher, while Salesforce drops on management shakeup.
- 06/07/2023
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Markets Close Mixed in Anticipation of Fed Rate Moves
- Markets closed mixed on Wednesday, June 7, 2023 as investors focused on the Fed's rate moves.
- 06/07/2023
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Investors Heavily Search The Goldman Sachs Group, Inc. (GS): Here is What You Need to Know
- Goldman (GS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 06/07/2023
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Buy 3 June Dogs Of The Dow, Watch 4
- "The Dow adds a stock if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors. Sector representation.is also a consideration.” - Dow Jones & Co. The highest-yield 10 stocks are June's Dogs of the Dow: KO, CSCO, GS, AMGN, CVX, IBM, DOW, MMM, WBA, and VZ, averaged a 4.79% annual yield. Thirty Dow stocks represent nine of eleven sectors. Dow Jones tracks utilities as a separate index and omits real estate. Broker top-ten target-estimated June net-gains ranged 17.45%-35.7%, topped by WBA 6/5/23.
- 06/06/2023
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Dow Jones Today: Index Higher on Bank Bounce
- The Dow Jones Industrial Average finished the session essentially flat, with tech and financial stocks helping give the index a 0.03% boost.
- 06/06/2023
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US bank stocks rebound, regional banking index hits 6-week high
- Shares of major U.S. banks and regional lenders outperformed broader markets in morning trading on Tuesday with the KBW Regional Banking index hitting its highest since late April.
- 06/06/2023
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Goldman Sachs Asset Management buying Norwegian salmon farming company Frøy
- A unit of Goldman Sachs Group Inc.'s GS, +0.81% alternative investing division Goldman Sachs Asset Management on Monday said it would acquire Frøy ASA FROY, +0.54% in a deal that values the salmon farming transportation company at about $595 million. Falcon Bidco AS, a company owned by infrastructure funds managed by Goldman Sachs Asset Management (GASM), said it would pay seller NTS AS, a unit of SalMAR ASA SALM, -2.96% SALRF, +5.25%, the equivalent of about $6.90 a share in local currency for its 72% stake in Frøy, plus it is also making a mandatory offer to acquire the remaining shares of the company.
- 06/06/2023
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Banks reportedly could face 20% hike to capital rules after string of failures
- The Journal said that the precise amount of capital requirements will depend on the bank's business, with US megabanks with big trading businesses expected to face the largest increases.
- 06/05/2023
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My Top 10 High Yield Dividend Stocks For June 2023
- I present my top 10 High Yield dividend stocks that are poised to offer strong future returns. The top 10 stocks on the watchlist offer a collective 5.08% dividend yield and have grown their dividends at a historical rate of 35.55% per year over the last five years. New stocks on the watchlist include Best Buy, Goldman Sachs, and Paychex, all of which appear undervalued based on dividend yield theory and have strong dividend growth histories.
- 06/03/2023
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Goldman (GS) Q2 Trading View Weak Amid Activity Cooldown
- Amid muted equities and fixed income activity levels that are expected to hinder Goldman's (GS) Q2 markets revenues, the company has resorted to staffing cutbacks.
- 06/02/2023
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High Yield Stock Watchlist: June 2023
- There are 20 stocks on my high yield watchlist for June 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory. An equally weighted portfolio of these stocks underperformed the Vanguard High Yield Dividend ETF by about 1.5% during the month of May.
- 06/02/2023
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Goldman Sachs Sees 'Very Good' China Earnings Momentum in 2Q
- Kinger Lau, chief China equity strategist at Goldman Sachs, discusses the outlook for the market, corporate profits, the central bank's policy and the opportunities he sees. He speaks with Yvonne Man on "Bloomberg Markets: China Open.
- 06/01/2023
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Goldman Flags 25% Drop in Trading Revenue
- Goldman Sachs Group Inc. plans more job cuts as the bank sees an "extraordinarily challenging" economic backdrop. Goldman President John Waldron said the bank's trading business is trending down more than 25% this quarter compared with a year ago.
- 06/01/2023
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Apple customers struggle to get money out of Goldman Sachs-operated savings accounts
- Apple Savings accoun holders have reportedly been having issues transferring funds out the account, with some customers' money completely disappearing for up to seven business days.
- 06/01/2023
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Goldman COO warns that bank expects 25% slump in trading revenue in second quarter: media reports
- The chief operating officer of Goldman Sachs Group Inc. GS warned Thursday that the investment bank is expecting a 25% slump in trading revenue for the second-quarter in what he called a “pretty difficult” environment for banks, according to media reports. John Waldron made the comment at a conference in New York, at which he said Goldman expects to cut about 250 jobs in what will be a third round of layoffs.
- 06/01/2023
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Goldman Sachs warns of 25% hit to trading revenue as job cuts loom
- Goldman's president said the latest job cuts will help the Wall Street titan achieve the $600-million target it set in February for reducing payroll expenses.
- 06/01/2023
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The Goldman Sachs Group, Inc. (GS) Presents at Bernstein's 39th Annual Strategic Decisions Conference (Transcript)
- The Goldman Sachs Group, Inc. (NYSE:GS.PK ) Bernstein's 39th Annual Strategic Decisions Conference June 1, 2022 10:00 AM ET Company Participants John Waldron - President and Chief Operating Officer Conference Call Participants Christian Bolu - Bernstein & Co. LLC Christian Bolu All right. Good morning, everyone.
- 06/01/2023
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Goldman Sachs will cut more jobs in challenging environment
- Goldman Sachs Group Inc plans more workforce reductions as the difficult economic environment weighs on dealmaking, the bank's president said on Thursday.
- 06/01/2023
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You can't put all your chips just on China, says Goldman Sachs' Elizabeth Burton
- Elizabeth Burton, client investment strategist with Goldman Sachs Asset Management, and Steven Wieting, chief investment strategist at Citi Global Wealth Management Investments, join ‘The Exchange' to discuss the risk and rewards involved in investing in China and more.
- 05/31/2023
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Bank Stocks Tumble As FDIC Warns Of 'Downside Risks.' Full Fallout From March Panic Unclear.
- Bank stocks fell Wednesday after the FDIC chairman said in a quarterly report that "downside risks" remain for the banking industry.
- 05/31/2023
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Goldman Sachs (GS) to Slash Jobs in IB Division Amid Slump
- In response to the global slump in deal-making, Goldman (GS) follows its peers to navigate industry headwinds by resorting to another round of layoffs in its IB division.
- 05/31/2023
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GSEW: Is Goldman Sachs' Equal-Weight Large-Cap ETF Better Than Invesco's RSP?
- GSEW holds 500 of the largest U.S. companies in equal weight. It differs from RSP by having a more objective selection process, a monthly rebalancing process, and lower fees. Fundamentally, the two ETFs are similar, although GSEW has higher growth rates and valuation ratios, indicating it should perform better in rising markets. Monthly rebalancing isn't always optimal, as it involves repeated buying of poor-performing stocks. This feature negatively impacted GSEW as regional bank stocks declined over the last year.
- 05/31/2023
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Is Goldman Sachs' partnership losing some of its shine?
- Today, we've got stories on 19 stocks you should bet on, a familiar Wall Streeter who seems to have already won big on the AI craze, and shows that you should watch now that "Succession" is over. But first, I'm giving my two weeks.
- 05/31/2023
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Goldman Sachs targeting senior staff in latest cuts
- Goldman Sachs (NYSE:GS) is planning a renewed round of layoffs targeted at senior managing directors and partners, according to reports. Around 250 jobs are set to be cut in the coming weeks, the Wall Street Journal reported, amid plans to save US$1bn, announced at the bank's February investor day.
- 05/31/2023
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5 Things to Know Before Markets Open
- The House is set to vote on the debt ceiling deal and the Labor Department is expected to report fewer job openings. Here's what investors need to know today.
- 05/31/2023
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WE Soda plans largest IPO in London this year
- WE Soda, the world's largest producer of natural soda ash, is planning on listing on the London Stock Exchange in a rare flotation in the Capital. The UK-based company which produces a key component in glass production said it is considering an initial public offering (IPO).
- 05/31/2023
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Goldman Sachs Says 'Optimistic' on Japan Stocks in Long Term
- Timothy Moe, chief Asia Pacific equity strategist at Goldman Sachs, shares his views on Japanese stocks. He speaks with Paul Allen and Shery Ahn on "Bloomberg Daybreak: Asia.
- 05/30/2023
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Goldman partner Dina Powell McCormick jumps ship for firm run by Solomon rivals
- Powell McCormick, 49, will join investment and advisory firm BDT & MSD run by Gregg Lemkau — once thought to be a contender for Goldman CEO — and Byron Trott.
- 05/30/2023
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My Top 10 Dividend Growth Stocks To Invest In For June 2023
- I will introduce you to 10 dividend growth companies that I believe could be excellent choices for dividend growth investors right now. The 10 selected picks have shown an Average Dividend Growth Rate [CAGR] of 15.48% over the past 5 years. Furthermore, the companies provide investors with an Average Dividend Yield [FWD] of 2.17%.
- 05/30/2023
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Goldman Sachs is cutting jobs again amid Wall Street deals slump
- Goldman, more tied to the ups and downs of Wall Street than its rivals, is cutting jobs again.
- 05/30/2023
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Goldman Sachs mulling no more than 250 job cuts, source says
- Goldman Sachs Group Inc. GS, -0.76% is cutting up to 250 jobs across the firm in its third round of layoffs since last fall, according to a source familiar with the firm. Goldman laid off 6% of its employees, or about 3,200 people, in January and in September it cut a few hundred employees.
- 05/30/2023
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Goldman Sachs to chop 250 more workers after ‘David's Demolition Day,' sources say
- Goldman Sachs plans to make another round of job cuts -- its third in less than a year -- as dealmaking profits continue to tank, sources told The Post.
- 05/30/2023
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Goldman Sachs prepares for third round of layoffs in a year: report
- Goldman Sachs Group Inc. GS, -0.94% is bracing for a third round of job cuts in less than a year. This round will affect managing directors and other senior executives, according to a report in the Wall Street Journal on Tuesday.
- 05/30/2023
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Goldman Sachs Prepares Another Round of Layoffs Amid Deal Drought
- The financial giant is readying cuts that will impact a range of employees, including managing directors and other senior executives, people familiar with the matter said.
- 05/30/2023
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Goldman Banker Dina Powell McCormick to become vice chair of BDT & MSD Partners: WSJ
- Goldman Sachs Group Inc. GS, -0.69% senior executive Dina Powell McCormick is joining merchant bank BDT & MSD Partners, The Wall Street Journal reported Tuesday. Citing people familiar with the situation, the newspaper reported that McCormick will take on the newly-created positions of vice chairman and president of global client services at BDT & MSD Partners.
- 05/30/2023
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U.S. banks mull office-space loan exposure at Citi event and prepare for a slow boil
- Big U.S. banks face a challenging environment for office-space loans but the situation is expected to remain manageable for lenders over time, Citi analyst Keith Horowitz said Monday in a summary of a recent industry event hosted by the bank.
- 05/30/2023
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China's youth unemployment hits a record high, deepening its economic scars
- As youth unemployment in China rises to a record high, college graduates are caught in a perfect storm — with some forced to take on low-paying jobs.
- 05/29/2023
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Why Goldman Sachs (GS) is a Top Dividend Stock for Your Portfolio
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 05/29/2023
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Here is What to Know Beyond Why The Goldman Sachs Group, Inc. (GS) is a Trending Stock
- Goldman (GS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 05/25/2023
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Goldman Sachs: Why I Like This Dog Of The Dow
- Banking stocks, especially good ones like Goldman Sachs, usually do not appear in the Dogs of the Dow list. However, currently, it is the 8th highest-yielding stock in the Dow 30.
- 05/24/2023
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Goldman Sachs backs Japan's biggest taxi app with $1 billion valuation
- Goldman Sachs invested 10 billion Japanese yen ($72.1 million) into Go Inc.
- 05/24/2023
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JPMorgan Chase takes big plunge into climate-focused carbon removal: report
- JPMorgan Chase & Co., the U.S.'s largest bank, is making a considerable investment in carbon-credit markets, a decades-old framework intended to reduce the amount of Earth-warming greenhouse gases but that has lacked major players.
- 05/23/2023
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Dow Jones, S&P 500, and Nasdaq seen flat to lower as US debt ceiling talks enter critical stage
- US stock indexes are expected to start flat to modestly lower on Monday as talks over the US debt ceiling enter a critical stage and interest rate worries remain. President Joe Biden and House Speaker Kevin McCarthy are set to meet Monday to continue negotiations.
- 05/22/2023
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4 Good Reasons To Buy Goldman Sachs Stock: Dividends, Capital, Diversification, Price
- Their dividend yield is attractive, with proven 5 year dividend growth. They have a healthy capital position as a systemically critical bank.
- 05/21/2023
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Charles Schwab raises $2.5 bln in bond offering amid surge in corporate bond deals
- Charles Schwab Corp. SCHW, +3.45% on Thursday disclosed plans for a $2.5 billion bond offering as the corporate bond market continues to pick up steam.
- 05/18/2023
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Markets Advance on Optimism About Debt Limit Talks, Regional Banks
- The Dow, S&P 500, and Nasdaq jumped more than 1% on Wednesday, May 17, 2023 as debt limit talks advanced and regional bank shares rose.
- 05/17/2023
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These Banking Stocks are Set to Flourish Despite the Banking Crisis
- Though a banking crisis may be daunting for investors, the storm will pass, and strong stocks will benefit dramatically. Industry consolidation, shrinking valuations, and innovation should provide investors ample opportunity.
- 05/17/2023
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Goldman Sachs (GS) Fined by ECB for Faulty Risk Reporting
- Goldman's (GS) credit risk reporting errors and miscalculation of its RWAs, as flagged by the ECB, highlight deficiencies in its internal controls.
- 05/17/2023
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JPMorgan, Others Scale Back Growth Plans in China Amid Turmoil
- Goldman Sachs, Morgan Stanley and JPMorgan, among other Wall Street firms, realize that China's markets are no longer as lucrative as expected.
- 05/17/2023
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Goldman Sachs Stock Is Undervalued At The Current Levels
- Goldman Sachs' stock (NYSE: GS) has lost approximately 7% YTD as compared to the 7% rise in the S&P500 index over the same period.
- 05/16/2023
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Goldman fined $7 million by ECB over credit risk reporting
- The European Central Bank said on Monday it had fined Goldman Sachs' European unit 6.63 million euros ($7.3 million) for underreporting the risk associated with some corporate credit, thereby flattering its balance sheet.
- 05/15/2023
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Tech Titans Aren't The Only Game In Town, Consider Biotech And, Yes, Financials
- The Regional Bank Fiasco is a classic “Baby with the Bathwater” scenario. Rising rates are great for Insurance companies and “hidden banks”.
- 05/14/2023
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May MDA Breakout Stocks/ETFs Week 20 - 2023: High-Frequency Gainers To Give You An Edge
- Two new Breakout Stocks for Week 20 with better than 10% short-term upside, ETF updates, and two Dow 30 Picks. Average cumulative returns for 2023 are +68.3% YTD. The negative MG Signal continues, but peak gains were in COIN +14.4% and TLRY +7.1%. The Active ETF portfolio continues with YTD gains at +14.2%.
- 05/14/2023
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Goldman Sachs: Quality With A Long-Term Catalyst
- Goldman's recent contract with Apple should act as a long-term fundamental accelerant for what is already a quality business. It also appears relatively undervalued, trailing Morgan Stanley on a price return basis as well as on its price/earnings multiples.
- 05/13/2023
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Goldman Sachs (GS) is a Top Dividend Stock Right Now: Should You Buy?
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 05/12/2023
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Goldman Sachs created an A.I.-powered social media startup for corporate use
- Under CEO David Solomon, Goldman has sought to speed up its digital makeover by hiring Google and Amazon executives and asking employees to pitch startup ideas.
- 05/12/2023
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'They get to the best ones last' says Strategas' Chris Verrone on JPMorgan's stock performance
- Chris Verrone, Strategas head of technical and macro research, joins 'Fast Money' to discuss JPMorgan's stock performance amid the broad downturn in banking.
- 05/11/2023
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May Dogs Of The Dow: Buy 2, Watch 4
- "The Dow adds a stock if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors. Sector representation is also a consideration.” - Dow Jones & Co. The highest-yield 10 stocks are May's Dogs of the Dow: JNJ, GS, CSCO, AMGN, CVX, DOW, IBM, MMM, WBA, and VZ, averaged a 4.65% annual yield.
- 05/10/2023
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Is Trending Stock The Goldman Sachs Group, Inc. (GS) a Buy Now?
- Goldman (GS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 05/10/2023
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After Several Bank Failures, Does Warren Buffett Still Like Bank Stocks?
- At Berkshire Hathaway's annual meeting, CEO Warren Buffett was asked several questions about the state of the banking industry. Buffett doesn't think depositors should be worried, but investors might still see some turbulence.
- 05/10/2023
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Bank Stocks Fall Farther. 'Equity Manipulation' Threat Rises.
- Bank stocks fall early Tuesday after financial shares pared gains Monday. Investors digest latest data.
- 05/09/2023
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European gas prices could treble, says Goldman Sachs
- Goldman Sachs (NYSE:GS) said European gas prices could treble this winter. Gas prices are currently as low as €36 per megawatt hour, some way of last August's peak of €321p/Mwh.
- 05/09/2023
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Family offices move to 'risk on' with plans to load up on stocks, private credit
- Nearly half (48%) of family offices plan to buy stocks this year, according to Goldman 2023 Family Office Investment Insight Report.
- 05/08/2023
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Banking Crisis Alert: 5 Banks That Could Fail Next
- This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here.
- 05/07/2023
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Goldman Sachs in talks to settle class-action female discrimination lawsuit: WSJ
- Goldman Sachs Group Inc. GS has held talks to settle a class-action lawsuit brought by female employees who allege that the bank promoted male counterparts more and paid women less, The Wall Street Journal reported. Citing people familiar with the situation, the newspaper reported Wednesday that the settlement amount under discussion would be around $200 million, but the number could change as a June trial date looms in the Southern District of New York court.
- 05/05/2023
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The Fed's 25 basis point interest rate hike was not a surprise to anybody, says SoFi's Liz Young
- Liz Young, SoFi head of investment strategy, joins 'Closing Bell' to discuss the Federal Reserve's plan to raise interest rates another 25 basis points.
- 05/03/2023
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3 Bargain-Basement Stocks to Buy Now and Hold Forever
- Oil and gas producers enjoyed big profits last year as oil prices skyrocketed. Oil supplies remain tight due to Russia's invasion of Ukraine and years of underinvestment.
- 05/01/2023
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May MDA Breakout Stocks/ETFs Week 18: High-Frequency Gainers To Give You An Edge
- Two new Breakout Stocks for Week 18 with better than 10% short-term upside, ETF updates and two Dow 30 Picks. Average cumulative returns for 2023 are +58.9% YTD. Negative MG Signal continues, but peak gains were in ANNX +10.2% and ONON +5%. The Active ETF portfolio continues with YTD gains at +13.0%.
- 04/30/2023
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Is Most-Watched Stock The Goldman Sachs Group, Inc. (GS) Worth Betting on Now?
- Zacks.com users have recently been watching Goldman (GS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 04/27/2023
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David Solomon slammed at Goldman meeting: Processes ‘look pretty weak'
- Paul Chesser, a director at the National Legal and Policy Center, cited gender lawsuits, junior banker burnout, and reports about Solomon's use of the company's private jets as reasons the Wall Street powerhouse should appoint an independent chair.
- 04/26/2023
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This is Why Goldman Sachs (GS) is a Great Dividend Stock
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 04/26/2023
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Should You Stay Away from Bank ETFs Following Buffett?
- Warren Buffett has divested from multiple banks after identifying concerning issues in their financial practices.
- 04/26/2023
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It May Finally Be Time To Buy 3M
- The bad news is all around, and the media surely amplifies the effects of anything 'bearish' it can get its hands on. With layoffs in the tech sector from companies like Meta Platforms (NASDAQ: META) and Amazon.com (NASDAQ: AMZN) in the past quarter, and others like Goldman Sachs Group (NYSE: GS) sounding alarm bells with raised probabilities of a recession spooking investors and markets all around.
- 04/26/2023
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The 3 Biggest IPOs to Watch for in Q2 2023
- To say the market for initial public offerings (IPOs) is in a funk would be a major understatement. In 2022, the worldwide IPO market went from record-breaking levels during the Covid-19 pandemic into a full-on depression, according to an analysis by EY.
- 04/24/2023
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Goldman Sachs lifts UniCredit stake to 7.6%
- Goldman Sachs had raised a stake in Italian bank UniCredit it built mostly through various financial derivative contracts to 7.62% as of April 18, a regulatory filing showed on Monday.
- 04/24/2023
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April MDA Breakout Stocks/ETFs Week 17 - 2023: High-Frequency Gainers To Give You An Edge
- April MDA Breakout Stocks/ETFs Week 17 - 2023: High-Frequency Gainers To Give You An Edge.
- 04/23/2023
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Final Trades: IBM, Goldman Sachs & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 04/21/2023
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Time for Big Bank ETFs on Upbeat Earnings?
- U.S. banking earnings have probably not been so awaited since the 2008 financial crisis. To the sweet surprises of investors, most big bank earnings have come up with upbeat 1Q 2023 results.
- 04/20/2023
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Allocating To Banks Preferreds In A Difficult Market
- It has been a rollercoaster ride for the Banks sector over the past month and a half. In this article, we take a look at some of the key metrics investors ought to be familiar with which explain a lot of the price action so far.
- 04/20/2023
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Goldman Sachs Is a Bank in Transition
- Goldman Sachs Group Inc.'s traders failed to capitalize on the fixed-income bonanza the rest of Wall Street generated last quarter. Bloomberg's Charlie Wells reports.
- 04/19/2023
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What Did These CEOs Of Companies With Crashing Stocks Get? A Raise
- Investors took a big financial shellacking last year, with the S&P 500 falling nearly 20%. But many CEOs of the companies with shares dropping the most still got a raise.
- 04/19/2023
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Goldman Sachs changes call on European Central Bank rate hikes as banking crisis subsides
- Goldman Sachs changed its rate expectations for the European Central Bank, sees further hawkish action.
- 04/19/2023
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Main Street Push Dims as Goldman Books Loss on Marcus Loan Sale
- Goldman's Main Street push is receding a bit further into memory.
- 04/18/2023
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Bank of America stock closes higher, Goldman Sachs stock falls amid bank earnings
- Yahoo Finance's Dave Briggs and Josh Schafer discuss the recent bank earnings releases, including news from Bank of America and Goldman Sachs.
- 04/18/2023
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U.S. debt-ceiling deadline may be nearing faster than expected, warns Goldman Sachs. Here's what that means for markets.
- The deadline to raise the U.S. debt ceiling is approaching faster than expected, with the political uncertainty surrounding when the government's borrowing limit may be lifted already beginning to worry markets, according to Goldman Sachs Group.
- 04/18/2023
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Banks have begun 'substituting little bit of credit overhang' for more rate hikes: Strategist
- Horizon Investments Head of Portfolio Strategy Zach Hill discusses the ongoing banking crisis and details what upcoming bank earnings could mean for investors with Yahoo Finance anchors Seana Smith and Dave Briggs.
- 04/18/2023
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Bank of America tops Q1 earnings estimates, Goldman Sachs posts mixed earnings report
- Yahoo Finance anchors Seana Smith and Dave Briggs break down Bank of America and Goldman Sachs' Q1 earnings reports following last month's banking fallout.
- 04/18/2023
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J&J, Goldman stocks cut Dow's price by 68 points after earnings
- Shares of Johnson & Johnson JNJ, -2.36% and Goldman Sachs Group Inc. GS, -1.84% were the biggest drags on the Dow Jones Industrial Average DJIA, -0.03% , even as both companies reported first-quarter profit that topped expectations. J&J's stock fell $3.92, or 2.4%, as the drug maker recorded a large charge as it settled lawsuits stemming from its talc-containing powders.
- 04/18/2023
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Retail banking numbers deliver a mixed bag of results
- Hugh Son, banking reporter for CNBC.com, joins 'Power Lunch' to discuss retail banking numbers, Goldman Sachs' offloading loans, and more.
- 04/18/2023
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Final Trades: T-Mobile, Goldman Sachs, Corteva & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 04/18/2023
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Hightower's Stephanie Link calls Goldman Sachs a 'hot mess' after its revenue miss
- The ‘Halftime Report' investment committee, Josh Brown, Stephanie Link, Jason Snipe and Jim Lebenthal, discuss the volatility collapse and Bank of America and Goldman Sachs earnings.
- 04/18/2023
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The Goldman Sachs Group, Inc. (GS) Q1 2023 Earnings Call Transcript
- The Goldman Sachs Group, Inc. (GS) Q1 2023 Earnings Call Transcript
- 04/18/2023
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Goldman Misses Out on Lending Bonanza
- The Wall Street powerhouse is rethinking parts of its consumer credit business while big retail banks see a surge in interest revenue.
- 04/18/2023
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Key Takeaways From Bank of America, Goldman Sachs Earnings
- A big day for bank earnings. Bloomberg's Sonali Basak reports on results from Goldman Sachs and Bank of America.
- 04/18/2023
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Goldman Sachs is watching for 'cannibalization' from Apple's new savings account
- Goldman Sachs is Apple's primary banking partner for its iPhone financial services.
- 04/18/2023
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Apple, Goldman Sachs Offer High-Yield Savings Account
- Apple Inc. introduced a long-promised high-yield savings account with Goldman Sachs. Apple Card users can earn a 4.15% annual yield.
- 04/18/2023
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Housing Data Muted but Decent; JNJ and BAC Beat on Q1 Earnings
- Fresh Q1 earnings reports from major household firms join housing data from last month ahead of today's open.
- 04/18/2023
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Building Permits Declined in March
- We've got a healthy amount of grist for the trading mill ahead of today's opening bell, with fresh Q1 earnings reports from major household firms joining housing data from last month. All major indices are up at this hour, led by the Nasdaq, which is +110 points roughly 40 minutes prior to the open.
- 04/18/2023
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AAPL Stock Alert: How to Earn 4.15% With Apple and Goldman Sachs
- Apple (NASDAQ: AAPL ) stock is a hot topic among investors on Tuesday after it launched a high-yield savings account with the help of Goldman Sachs (NYSE: GS ). These savings accounts will be available to those with an Apple Card and have a yield rate of 4.15%.
- 04/18/2023
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Goldman Sachs stock slides on Q1 earnings beat
- Yahoo Finance Live anchors Rachelle Akuffo and Brad Smith discuss the decline in stock for Goldman Sachs following first-quarter earnings.
- 04/18/2023
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Banks will focus on credit in the second half of this year, says Christopher Whalen
- Christopher Whalen, Chairman of Whalen Global Advisors, breaks down his expectations for Goldman Sachs and Bank of America earnings.
- 04/18/2023
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Goldman Sachs Says Exploring Sale of GreenSky
- Goldman bought GreenSky for about $2.24 billion in late 2021.
- 04/18/2023
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Goldman Sachs eats $470M loss on disastrous Marcus consumer bank
- Goldman Sachs posted a significant drop in first-quarter profits on Tuesday.
- 04/18/2023
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Goldman Sachs (GS) Q1 Earnings Beat Estimates
- Goldman Sachs (GS) came out with quarterly earnings of $8.79 per share, beating the Zacks Consensus Estimate of $8.14 per share. This compares to earnings of $10.76 per share a year ago.
- 04/18/2023
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Bank Stocks Raise Questions as BofA Climbs, Goldman Falls
- Markets opened mixed as investors continue to wait for corporate earnings releases. Bank of America and Goldman Sachs both reported their first-quarter financial results.
- 04/18/2023
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I don't think duration risk is still a problem for banks: RBC's Cassidy
- Gerard Cassidy, RBC Capital Markets head of U.S. bank equity strategy and large cap bank analyst, joins 'Squawk Box' to discuss his thoughts on Goldman Sachs' Marcus business, if there's anything to extrapolate from the bank's earnings results, and more.
- 04/18/2023
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Goldman Sachs shares fall after missing revenue estimates
- CNBC's Andrew Ross Sorkin delivers Goldman Sachs' quarterly earnings results.
- 04/18/2023
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Goldman Sachs stock falls as disappointing trading revenue hurts 1Q results
- Goldman Sachs (NYSE:GS) reported first-quarter revenue Tuesday morning that missed expectations, putting the investment banking firm behind the eight-ball compared it its rivals. The firm posted revenue of $12.22 billion, 5% lower year-over-year, which fell short of the $12.79 billion expected by analysts.
- 04/18/2023
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Bellus Health's stock climbs on GSK deal, while Goldman Sachs is hurt by a revenue miss
- Here are some of the biggest movers on Tuesday:
- 04/18/2023
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Goldman Sachs Reports Lower Profit
- Ressults were hurt by a slowdown in deal making and a sizable loss on the sale of part of its Marcus personal loan portfolio.
- 04/18/2023
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Bank Of America Earnings Leap 18%; Goldman Sachs Posts Mixed Results; Morgan Stanley On Deck
- Bank earnings continue in earnest as Bank of America, as Goldman Sachs reports earnings. Morgan Stanley reports Wednesday.
- 04/18/2023
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Goldman Sachs Group stock loses ground as revenue falls short
- Goldman Sachs Group Inc. GS, +0.82% stock is down 2.5% in premarket trades after its first-quarter revenue fell short of estimates, while its net income beat the Wall Street forecast. Goldman Sachs said its first-quarter earnings fell to $3.09 billion, or $8.69 a share, from $3.83 billion, or $10.76 a share, in the year-ago quarter.
- 04/18/2023
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Goldman Sachs profit falls in first quarter as dealmaking sputters
- Goldman Sachs Group Inc's first-quarter profit dropped as the worst three months for dealmaking in more than a decade eroded the Wall Street giant's fees from investment banking, while its consumer unit continued to weigh on the results.
- 04/18/2023
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Goldman Sachs is set to report first-quarter earnings — here's what the Street expects
- So far this earnings season, big banks have mostly outperformed their smaller peers, helped by an influx of deposits after Silicon Valley Bank's meltdown.
- 04/18/2023
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Argus' Stephen Biggar expects this quarter to be the peak for bank earnings
- Stephen Biggar, Argus Research director, joins 'Closing Bell: Overtime' to discuss big bank earnings.
- 04/17/2023
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How to set up Apple's new savings account on an iPhone
- The Apple Savings account can take up to $250,000 in deposits, which is insured by the FDIC.
- 04/17/2023
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Bank earnings ‘off to a good start,' with Bank of America and Goldman Sachs on deck
- First-quarter earnings from the largest U.S. banks are off to a mostly positive beginning despite a tough start to the year for the sector, analysts at Jefferies said Monday.
- 04/17/2023
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Factbox: How big U.S. banks are managing bad loan reserves
- U.S. banking heavyweights set aside billions of dollars in the first quarter to account for potential bad loans, as rising interest rates turn up the heat on borrowers who are just starting to see some relief from inflation.
- 04/17/2023
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Trading to Aid Goldman's (GS) Q1 Earnings, IB & Costs to Hurt
- Robust trading and higher interest rates are expected to have aided Goldman's (GS) Q1 earnings amid a softer IB backdrop and rising expenses.
- 04/17/2023
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This New Poll Shows Why Bank Stocks Are Primed To Soar
- Let's talk about this banking "crisis" one more time
- 04/17/2023
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Tesla, Goldman, Netflix, and More This Week
- First-quarter earnings season picks up with results from Charles Schwab, Bank of America, Goldman Sachs, Johnson & Johnson, Netflix, IBM, Tesla, and AT&T.
- 04/16/2023
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Big U.S. Banks Are Preparing For An Impending Recession
- Citigroup, JPMorgan, PNC, and Wells Fargo are preparing for an impending recession by increasing their provisions for credit losses. This is prudent risk management, especially in light of recent banking sector turmoil.
- 04/15/2023
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Earnings Preview: Netflix, Tesla and More
- The week of April 17 we will see earnings season start in earnest. As always, earnings results and guidance will be critical in determining the state of the broader economy, and how investors decide to position their portfolios.
- 04/14/2023
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Stock Trading Action Plan: Tesla, Netflix, Goldman Sachs Earnings Due Amid Young Uptrend
- The coming week's stock trading action plan includes a strong contingent of stocks in bases set to report earnings. The post Stock Trading Action Plan: Tesla, Netflix, Goldman Sachs Earnings Due Amid Young Uptrend appeared first on Investor's Business Daily.
- 04/14/2023
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Best Stocks To Invest In Right Now? 2 Bank Stocks To Know
- Do you have these bank stocks on you April 2023 watchlist?
- 04/14/2023
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Earnings Previews: Bank of America, BNY Mellon, Goldman Sachs
- In early trading on Friday, the Dow Jones industrials were up 0.11%, the S&P 500 up 0.35% and the Nasdaq 0.24% higher.
- 04/14/2023
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Big Bank Stocks Are Giving the Market a Boost
- Markets looked ready to open lower until big banks released their latest financial results. JPMorgan Chase and Wells Fargo got strong advances in their stock prices after issuing favorable reports.
- 04/14/2023
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5 Reasons a Tech "Lock-out Rally" is on the Horizon
- Though tech has run a lot in recent months, certain factors indicate that a "lock-out rally" is on the horizon. Andrew Rocco explains.
- 04/13/2023
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Coupa and Goldman Sachs TxB Partner to Streamline B2B Payments
- Coupa and Goldman Sachs Transaction Banking (TxB) have partnered to streamline B2B payments. With Coupa's business spend management platform and Goldman Sachs TxB's cloud-based banking services, the global collaboration will simplify domestic, cross-border and foreign exchange (FX) payments to 167 countries and 124 currencies, the companies said in a Thursday (April 13) press release.
- 04/13/2023
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Will Q1 Earnings Fuel a Rally in Dow ETF?
- As the index is closely tied to the cyclical sectors, the banking turmoil hit hard the Dow last month. Recession fears have added to the woes.
- 04/13/2023
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The incremental banking news of last month helps Goldman over others: UBS' Hawken
- Brennan Hawken of UBS joins 'Squawk on the Street' to discuss UBS' upgrade of Goldman Sachs, how capital market activity plays out and more.
- 04/13/2023
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Bank share prices 'relatively resilient' in near-term but risks in second half, reckons analyst
- UK bank share prices may remain relatively resilient in the near-term but JPMorgan expressed caution beyond that. Ahead of the first-quarter reporting season for the FTSE 100-listed lenders at the end of the month, analyst Raul Sinha at the US investment bank's London arm said the team continues to avoid domestic UK banks within their ‘top picks' for the sector.
- 04/13/2023
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Goldman Sachs stock price forecast: UBS sees 17% upside
- Goldman Sachs Group Inc (NYSE: GS) down nearly 12% versus its year-to-date high is an opportunity for investors to build a position in this quality name, as per a UBS analyst.
- 04/12/2023
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Is Warren Buffett Giving Up on Bank Stocks?
- Bank failures have been a major topic of 2023 following the collapse of Silicon Valley Bank. This morning, Warren Buffett spoke on CNBC and answered various questions related to his stance on the banking system and bank stocks.
- 04/12/2023
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Goldman Sachs says it expects to see further deposit losses at banks
- One of Wall Street's most prominent names weighed in on Wednesday with its latest take on the aftermath of March's turmoil in the banking system, saying it expects to see ongoing deposit losses.The pace of losses should slow significantly from what was seen over the past month, however, and the continuing erosion in deposits can be alleviated via “market mechanisms,” according to strategists Praveen Korapaty and Vickie Chang at Goldman Sachs.
- 04/12/2023
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UBS upgrades Goldman Sachs to buy from hold on attractive valuation, lower-risk profile
- Goldman Sachs Group Inc. GS on Wednesday drew an upgrade to buy from hold at UBS on the stock's attractive valuation and lower risk profile than its peers. Analyst Brennan Hawken said the investment bank “appears well positioned to outperform amidst elevated levels of market volatility” with potential growth in its asset and wealth management business and transactional banking, with less exposure to consumer deposits and commercial banking than other firms.
- 04/12/2023
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Goldman Sachs To Edge Past The Consensus In Q1
- We expect Goldman Sachs to edge past the consensus estimates of revenues and earnings.
- 04/12/2023
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How Are Bank ETFs Shaped Before Q1 Earnings?
- Big banks will start releasing their quarterly numbers this week. The outlook is moderate this time.
- 04/11/2023
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Goldman Sachs (GS) Expected to Beat Earnings Estimates: Should You Buy?
- Goldman (GS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/11/2023
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Goldman Sachs, Morgan Stanley, BNY Mellon and State Street top Jefferies list for Q1 bank earnings
- Jefferies analysts on Tuesday said Morgan Stanley, Goldman Sachs Group Inc., Bank of New York Mellon Corp. and State Street Corp. remain more attractive than other big banks ahead of first-quarter earnings season.
- 04/11/2023
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Goldman Sachs Paying $15 Million to Settle Investigation of Swaps Business
- The bank's swaps dealer priced derivatives in terms that put clients at a disadvantage, CFTC says.
- 04/10/2023
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Goldman Sachs to pay $15 million to CFTC for index-swap violations
- Goldman Sachs GS, +0.58% settled charges Monday with the Commodity Futures Trading Commission that it violated standards related to equity index swap transactions.
- 04/10/2023
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JPMorgan Leads Bank Earnings This Week As Balance Sheets, Guidance Key
- JPMorgan reports Friday, along with Wells Fargo, Citigroup and PNC Financial. Balance sheets and guidance may trump Q1 earnings.
- 04/10/2023
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These 7 tables show just how bad this ‘crisis quarter' could be for earnings of the 20 largest banks
- The first quarter marked a sea change for U.S. banks. Two high-profile failures of institutions with specific problems pointed to further challenges: The long period of super-easy money (which means paying next to nothing for deposits) is coming to an end, as customers shop around for higher interest rates.
- 04/10/2023
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Banks on the line for deposit flows and margin pressure in Q1 updates as they reel from banking crisis
- JPMorgan Chase & Co. kicks off what could be the most closely-watched earnings reporting season in more than a decade on Friday, April 14, after the U.S. largest bank collapse since the 2008 financial crisis, sharp drops in bank stocks, and recessionary signals in the bond market rocked the sector during the quarter.
- 04/10/2023
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Goldman Sachs: A Potential 9% Yield From The Preferreds
- Goldman Sachs Series J fixed to floating preferreds currently offer a 5.49% yield on cost, but this is set to move as high as 9% when they float next month. The risk of them being called is somewhat tempered by a number of still outstanding floating rate preferreds and the March mini-banking panic.
- 04/10/2023
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U.S. Bank Deposits Fall For 10th Straight Week As Worries Continue
- U.S. bank deposits fell for the 10th week in a row, the Fed reported Friday, Smaller financials reported a small gain. Several banks report earnings next week.
- 04/07/2023
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Goldman Sachs Predicts Gloomy Earnings Season
- The approaching US earnings season is expected to be the gloomiest since the pandemic, according to Goldman Sachs Group Inc. strategists. Bloomberg's Kriti Gupta reports.
- 04/06/2023
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US earnings set to be weakest since COVID pandemic, Goldman Sachs warns
- Profit margins are expected to decline as an economic slump weighs on top companies.
- 04/06/2023
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Goldman Sachs: If You Waited, Now's Your Chance
- Goldman Sachs investors were afforded a fantastic opportunity to add more positions as GS was also caught in the market's risk-off move. However, it is well-configured to overcome the recent banking crisis. Moreover, the most anticipated recession of all time has yet to occur, auguring well for GS.
- 04/05/2023
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April Dogs Of The Dow: 2 Buy, 3 Watch
- "The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors. Sector representation is also a consideration.” – Dow Jones & Co. These highest-yielding 10 stocks are April's Dogs of the Dow: CSCO, GS, JPM, AMGN, CVX, IBM, DOW, WBA, MMM, and VZ, averaging a 4.44% annual yield.
- 04/04/2023
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Goldman Sachs, JPMorgan stake competing claims to No. 1 deal advisory spot
- Goldman Sachs Group Inc and JPMorgan Chase & Co each won the accolade of top mergers and acquisitions (M&A) financial advisor in the first quarter of 2023 in separate deal league tables, highlighting discrepancies in how these are compiled.
- 04/04/2023
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Analysis: HSBC, Goldman gender pay gaps widen in UK as finance makes slow progress
- HSBC , Goldman Sachs , Morgan Stanley and Standard Chartered reported a widening in the gap between what they paid women and men in 2022, according to data reviewed by Reuters.
- 04/04/2023
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We are moving from a period of bank crisis to bank recession, says Wells Fargo's Mike Mayo
- Mike Mayo, Wells Fargo Securities senior bank analyst, joins 'Squawk on the Street' to discuss his thoughts on the banking system and his top picks.
- 04/04/2023
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Bank stocks caught in ‘a conflicting period' ahead of earnings season after bank failures: Analyst
- RBC Capital Markets Managing Director Gerard Cassidy joins Yahoo Finance Live anchors to discuss what impact the collapses of Signature Bank and Silicon Valley Bank will have on earnings season for the banking sector.
- 04/03/2023
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High Yield Stock Watchlist: April 2023
- There are 19 stocks on my high-yield watchlist for April 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory.
- 04/03/2023
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Goldman, Morgan Stanley win dismissal of lawsuits related to Archegos
- A U.S. judge on Friday dismissed lawsuits by investors who accused Goldman Sachs Group Inc and Morgan Stanley of engaging in market manipulation before the collapse of Bill Hwang's investment firm Archegos Capital Management LP.
- 03/31/2023
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5 Ideal Dividend Dogs From 45 Fortune 2023 World's Most Admired Companies + 5 To Watch
- Fortune Magazine February/March 2023 Issue listed 50 World's Most Admired (WMA) companies based on a poll of "some 3,760 corporate executives, directors, and securities analysts." Acclaim from the wider business community, plus standing among rivals, both factored into the ranks. For the sixteenth year in a row, Apple topped all.
- 03/31/2023
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Final Trades: Hershey, Goldman Sachs, Darden Restaurants & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 03/29/2023
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JPMorgan, Goldman plan to start trading private credit loans - Bloomberg News
- Wall Street banks including JPMorgan Chase & Co and Goldman Sachs Group Inc are looking to start trading private credit loans, Bloomberg News reported on Wednesday, citing people familiar with the matter.
- 03/29/2023
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KULR Technology says appointment of ex Goldman Sachs executive Shawn Canter as CFO further strengthens leadership
- KULR Technology Group Inc (NYSE:KULR) announced it has strengthened its executive leadership team with the appointment of Shawn Canter as its new chief financial officer. Starting in his new role on March 31, 2023, the company said Canter will be responsible for financial management and driving a disciplined fiscal strategy while scaling the company through its commercialization phase.
- 03/29/2023
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Goldman Sachs names Michael Marsh as EMEA financing group head - memo
- Goldman Sachs Group Inc is shaking up the leadership ranks at its global financing group after the Wall Street bank merged its investment banking and trading business into a single unit.
- 03/28/2023
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7 Value Stocks To Buy Now For Bargain Prices
- The first quarter of 2023 was a rocky one for the stock market. The good news is that volatility created many solid value stocks to buy.
- 03/28/2023
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Banks Bouncing Back
- Early Monday morning, First Citizen Bancshares agreed to buy Silicon Valley Bank.
- 03/27/2023
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These Indicators Are Pointing To a Rally In Bank Of America, Soon
- There are, as they say, a million ways to make a million dollars. However, for those interested in the financial markets and the underlying asset prices that fluctuate from Monday to Friday, there are really only two main ways.
- 03/27/2023
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Best Bank Stocks To Buy Now? 3 For Your Watchlist
- 3 bank stocks to keep on watch in the stock market this upcoming week.
- 03/25/2023
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U.S. Banks: The Good And The Bad
- Emergency Fed support for banks is at Great Financial Crisis proportions on some measures. Deposit flight from smaller banks remains a worry to boot.
- 03/25/2023
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Nvidia, Tesla and Meta are helping power a growth-stock surge that has challenged BlackRock and Goldman Sachs
- Growth stocks are enjoying the best quarterly run relative to value peers in three years, even as interest rates rise and recession risks loom.
- 03/25/2023
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Fed: Deposits at all U.S. banks steady at $15.26T
- CNBC's Steve Liesman reports on moves in U.S. bank deposits as of the week ending March 15th.
- 03/24/2023
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U.S. bank sector ‘remains sound and resilient,' council of top regulators says after Friday meeting
- The Financial Stability Oversight Council said that “while some institutions have come under stress, the U.S. banking system remains sound and resilient,” in a Friday statement.
- 03/24/2023
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Goldman Sachs sees gold rallying over $2,000 in 12 months as banking crisis spurs safe-haven demand
- (Kitco News) - The biggest banking crisis since 2008 has created a surge in safe-haven demand for gold and Goldman Sachs is looking for prices to remain above $2,000 an ounce 12 months from now.
- 03/24/2023
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Goldman Sachs: A Great Company Despite Botching the Silicon Valley Bank Crisis
- Goldman Sachs ( GS , Financial) is the second largest investment bank in the world, just behind JPMorgan Chase & Co. ( JPM , Financial). That gives it no small amount of immunity from consequences for its actions.
- 03/24/2023
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Ally Financial taps Goldman Sachs executive Hutchinson as CFO
- Ally Financial Inc has hired Russell Hutchinson from Goldman Sachs as its chief financial officer effective July 3, the company said on Friday.
- 03/24/2023
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Ally Financial names Goldman Sachs veteran as new CFO
- Ally Financial Inc. ALLY, -2.20% on Friday named Russell Hutchinson as its new chief financial officer. He previously worked at Goldman Sachs Group Inc. GS, +0.38% including 20 years at its investment bank.
- 03/24/2023
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Chevron, Goldman and JPMorgan Chase lead all 30 Dow stocks lower
- The Dow Jones Industrial Average's DJIA, +0.23% early weakness, amid investor jitters over the health of the banking sector, is unanimous, as all 30 components traded lower in the premarket. The biggest decliner was Chevron Corp.'s stock CVX, -0.99% , which slumped 2.2% as crude oil futures CL.1, -3.90% declined 3.5% amid growing recession fears.
- 03/24/2023
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Debate over expanding deposit insurance weighs on bank stocks. Here's what to know.
- Policymakers are sending mixed signals about the future of federal deposit insurance and the resulting uncertainty is rippling through financial markets.
- 03/23/2023
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Factbox: Warren Buffett's investments in financial firms
- Berkshire Hathaway's Warren Buffett has been in discussions with senior Biden administration officials about the banking crisis, leading some to speculate that Buffett would consider investing in the sector following the collapse of Silicon Valley Bank.
- 03/23/2023
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This Fund Company You've Never Heard Of Is Blowing The Doors Off
- You don't have to be a giant firm to win multiple Best Mutual Funds Awards for 2023. One of this firm's funds saw a nearly 32% return last year.
- 03/23/2023
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Short Hills Capital's Steve Weiss makes moves in the banks, buys more BofA and GS
- Short Hills Capital's Steve Weiss makes some moves with bank stocks. With CNBC's Frank Holland and the 'Halftime Report' investment committee, Liz Young of SoFi, Joe Terranova of Virtus Investment Partners and Steve Weiss of Short Hills Capital.
- 03/22/2023
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Former Goldman Sachs CEO Lloyd Blankfein says the latest crisis not like 2008 as the banking system is in much better shape
- Blankfein says the last financial crisis involved the world's biggest banks, whereas SVB's fall impacted a slew of specialist and regional banks.
- 03/22/2023
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Big banks will continue to take market share from the regionals, says Hightower's Link
- Stephanie Link, Hightower Advisors chief investment strategist and CNBC contributor, joins 'Squawk Box' to discuss Link's investor stance towards PacWest, where there are opportunities to invest in the banking sector and more.
- 03/22/2023
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Goldman Is Reportedly Using AI To Write Code As Banks Crack Down On ChatGPT Use
- Goldman's use of generative AI tools comes as several major U.S. banks—including Goldman—have restricted the use of OpenAI's ChatGPT by employees.
- 03/22/2023
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Goldman Sachs is using ChatGPT-style A.I. in house to assist developers with writing code
- Goldman Sachs developers are internally using generative AI tools to assist their code writing, according to a top executive at the bank.
- 03/22/2023
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Standard Chartered Sees Opportunities in US Mega-Cap Financials
- Daniel Lam, head of equity strategy at Standard Chartered Wealth Management, explains why he sees opportunities in US "mega-large cap" financial stocks. He speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia.
- 03/21/2023
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Goldman Sachs warns of broad-based deterioration in market functioning
- Recent stress in the banking sector isn't the only sign that something is breaking or about to crack in the wake of the Federal Reserve's yearlong rate-hike campaign. On Tuesday, Goldman Sachs GS, +2.50% warned that it's seeing signs of a broad-based deterioration in market functioning and a “material uptick” in most of the indicators it follows to gauge market impairment across assets.
- 03/21/2023
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Goldman Sachs singles out Bitcoin as the top-performing asset
- Goldman Sachs Group Inc (NYSE: GS) has ranked Bitcoin as the best-performing asset of the year. At press time, BTC/USD was trading above $28,000, making it more valuable than gold (XAU/USD), S&P 500, and Nasdaq 100 index among many other traditional financial assets.
- 03/21/2023
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Dems push to investigate Goldman's role in Silicon Valley Bank
- Rep. Adam Schiff (D-Calif.) joins CNBC's Brian Sullivan and ‘Last Call' to discuss whether Goldman Sachs played a role in the collapse of Silicon Valley Bank.
- 03/20/2023
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Goldman Sachs slashes its oil price target as banking fiasco boosts recession fears
- Goldman said slower economic growth could materialize in the aftermath of the Silicon Valley Bank collapse because of tighter lending standards.
- 03/20/2023
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Goldman's Rising, but Here's the Dow Stock to Watch This Week
- The Dow bounced back on Monday from weakness in recent weeks. Goldman Sachs is looking to offer instruments related to the UBS/Credit Suisse takeover for trading.
- 03/20/2023
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Investors ‘can certainly invest in banks' despite SVB, Credit Suisse fallout, strategist says
- NewEdge Wealth Portfolio Manager Ben Emons joins Yahoo Finance Live to discuss the Credit Suisse aftermath, the market fallout from the writedown of $17 billion in Tier 1 bonds, investor sentiment, and the expectations for U.S. banking.
- 03/20/2023
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Banking Stocks And The Fed
- Following a week of turmoil in the banking sector, stock indices managed to close the week in the green on Friday.
- 03/20/2023
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Banking sector fundamentals are healthier than during previous crises, Goldman Sachs strategist says
- Peter Oppenheimer, chief global equities strategist at Goldman Sachs, says that the banking sector is healthier than during previous crises and that the current issues are not systemic.
- 03/20/2023
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UK banking sector still ‘resilient' – Goldman Sachs
- UK banking systems continue to “look resilient” according to Goldman Sachs (NYSE:GS) analysts, with the implication of tighter lending set to be “quite a bit smaller” than during the global financial crisis. Goldman forecasted “a manageable drag on growth,” based on the fallout from ongoing struggles of Credit Suisse in Europe and efforts to stem contagion from Silicon Valley Bank's collapse in the US, reassuring the sectors were equipped to handle issues.
- 03/20/2023
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Very Good News For REIT Investors
- We just had two major bank failures, but deposits should be safe. Future interest rate expectations are now lower and this is very good news for REITs.
- 03/20/2023
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Fed to pause this week because of bank stress: Goldman Sachs
- In a note published Monday morning, Goldman Sachs economist David Mericle forecast the Federal Reserve will not lift interest rates at this week's meeting due to banking system stress. “While policymakers have responded aggressively to shore up the financial system, markets appear to be less than fully convinced that efforts to support small and midsize banks will prove sufficient,” he said in a note to clients.
- 03/20/2023
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Goldman Sachs prepares claims trading for wiped out Credit Suisse debt - Bloomberg News
- U.S. bank Goldman Sachs Group Inc traders were preparing to take bids on claims against Credit Suisse Group's riskiest bonds, Bloomberg News reported on Sunday, citing people familiar with the matter.
- 03/19/2023
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Big Banks To The Rescue
- In a simple and elegant way, the large banks may have found a way to restore confidence in the U.S. banking system. In total, the banks will deposit $30 billion in First Republic, with an initial term of 120 days at prevailing market rates.
- 03/18/2023
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Goldman Sachs cuts outlook for European bank debt over Credit Suisse crisis
- Goldman Sachs has cut its recommendation on exposure to European bank debt to neutral from overweight, saying a lack of clarity on Credit Suisse's future path would put pressure on the broader sector in the region.
- 03/18/2023
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Banks Survived Another Week—and the Biggest Ones Look Like Winners
- The nation's banking giants will be beneficiaries of the industry's turmoil. They have cheap stocks, and hefty dividend yields.
- 03/17/2023
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California House Democrats demand investigation into Goldman Sachs' relationship with Silicon Valley Bank
- A group of 20 California House Democrats, including Rep. Adam Schiff, called on federal law enforcement Friday to investigate the relationship between Goldman Sachs and Silicon Valley Bank.
- 03/17/2023
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Goldman Sachs reportedly lost $200M in recent US banking chaos
- Goldman's losses coincided with increases in bond prices.
- 03/17/2023
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Democratic lawmakers urge US to probe Goldman Sachs' role in SVB collapse
- A group of Democratic U.S. lawmakers sent a letter to regulators and the Justice Department requesting a probe into the role of Goldman Sachs Group Inc in the collapse of the Silicon Valley Bank , the office of U.S. Representative Adam Schiff said on Friday.
- 03/17/2023
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Stocks of 11 banks that pumped $30 billion into First Republic Bank all lower premarket
- The stocks of the 11 banks that contributed $30 billion in uninsured deposits to embattled lender First Republic Bank on Thursday were all lower in premarket trade Friday, amid concerns the unprecedented action had failed to prop up the regional bank's stock. First Republic Bank stock FRC, +9.98% was down 4% premarket, after it said it would suspend its dividend to conserve cash.
- 03/17/2023
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Goldman Sachs just told us the banking crisis makes it more pessimistic about the economy - and other recession signals are blaring too
- Insider's Phil Rosen explains Goldman's view in the wake of the SVB and Credit Suisse turmoil, as well as warnings from the commodity market.
- 03/17/2023
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JPMorgan, BofA, 9 Other Banks Deposit $30 Billion in First Republic
- Eleven large U.S. banks are making uninsured deposits totaling $30 billion into First Republic Bank.
- 03/16/2023
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Pagliuca Says SVB's Collapse Will Hurt Deal Making
- Steve Pagliuca, Bain Capital Private Equity senior advisor, says the collapse of Silicon Valley Bank will slow down deal making. He speaks on Bloomberg Television.
- 03/16/2023
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These are banking stocks you should buy right now: Analyst
- As Wall Street navigates the aftermath of the Silicon Valley Bank fallout, investors are scrambling to find what banks stocks are good investments right now. Regional bank stocks continue their downward spiral, and big Wall Street firms combined have lost nearly $165 billion in market capitalization this month.
- 03/16/2023
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Carl Icahn's Top Energy Holdings as of the 4th Quarter
- According to current portfolio statistics, a Premium feature of GuruFocus, the top energy companies in Carl Icahn (Trades, Portfolio)'s fourth-quarter 2022 13F equity portfolio are Occidental Petroleum Corp. ( OXY , Financial), CVR Energy Inc. ( CVI , Financial), SandRidge Energy Inc. ( SD , Financial) and Cheniere Energy Inc. ( LNG , Financial).
- 03/16/2023
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First Republic Bank receives $30 billion in deposits from Big Banks
- Eleven banks deposit a combined $30 billion into First Republic Bank in a move to stabilize the regional bank amid financial system woes.
- 03/16/2023
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Eleven U.S. banks pledge $30 billion for First Republic
- Bank of America BAC , Citigroup C , JPMorgan Chase JPM and Wells Fargo WFC said Thursday they are each making $5 billion uninsured deposits as part of a $30 billion package from 11 banks into First Republic Bank FRC. The move “reflects their confidence in First Republic and in banks of all sizes,” the banks said in a joint statement.
- 03/16/2023
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Banks' Big Plan Might Solve the Immediate Problem, but Not the Bigger Ones
- A rescue of First Republic by big banks wouldn't put to bed emerging questions about the banking system.
- 03/16/2023
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Biggest US banks weigh rescuing First Republic as its shares tumble – report
- Citigroup, Goldman Sachs, JP Morgan and Wells Fargo are among the banks discussing a lifeline for the San Francisco-based lender
- 03/16/2023
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Bank Crisis
- As the banking crisis triggered by the collapse of Silicon Valley Bank unfolds, track the latest financial news and analysis. The post Bank Crisis appeared first on Investor's Business Daily.
- 03/16/2023
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Looking to Buy Banks? Read these 3 Tips First
- The banking sector has had a dark cloud hanging over it since the collapse of Silicon Valley Bank. Investors looking to get long the sector should do so in a methodical, risk averse manner.
- 03/16/2023
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Goldman Sachs Stock Is Trading Below Its Intrinsic Value
- Goldman Sachs' stock (NYSE: GS) has lost approximately 6% YTD as compared to the 2% rise in the S&P500 index over the same period.
- 03/16/2023
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Bank Stock Panic: 5 Attractive Buys That Could Benefit
- SI, SIVB, and SBNY have failed over the last week. Some other banks are struggling. Bank stocks have been sold off indiscriminately.
- 03/15/2023
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Goldman Sachs: Critical Risks Assessed
- Despite its robust asset base, a structural break in the economy might tilt The Goldman Sachs Group, Inc.'s fortunes. Goldman's loan provisions have increased amid a downward-sloping yield curve.
- 03/15/2023
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Goldman Sachs' reported payday from SVB bond purchase raises questions
- Goldman Sachs (NYSE:GS) is reportedly eyeing a big payday from its purchase of the US$1.8bn bond portfolio that sparked Silicon Valley Bank's (SVB) collapse. According to a New York Times report citing DealBook, in exchange for buying US$21.4bln in debt from SVB, Goldman Sachs (NYSE:GS) is likely to make more than US$100mln.
- 03/15/2023
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Bank Crisis: U.S. Banks Head For More Losses, Rattled By European Weakness
- The bank crisis looks to widen Wednesday as more U.S. banks prepare for losses as Credit Suisse drags European banks lower. The post Bank Crisis: U.S. Banks Head For More Losses, Rattled By European Weakness appeared first on Investor's Business Daily.
- 03/15/2023
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Goldman Sachs: An Intriguing Value Proposition
- It's been a rocky past week for bank stocks with the fall of Silicon Valley Bank, or SVB Financial (SVIB). Undoubtedly, Silicon Valley Bank's failure happened very quickly, with the collapse occurring in a time span of around two days.
- 03/14/2023
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Bonds are a Safe Haven Again, Still Time to Buy?
- Bonds are a safe haven once again as the flight to safety is on. Stocks are under pressure, but some investors are misunderstanding the reason why.
- 03/14/2023
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JPMorgan, other big U.S. banks flooded with new clients post SVB collapse-FT
- A wave of customers have applied to shift their accounts to large U.S. banks such as JPMorgan Chase & Co and Citigroup Inc from smaller lenders after the collapse of Silicon Valley Bank, the Financial Times reported on Tuesday.
- 03/14/2023
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Fintech company Brex's co-CEO: Next couple weeks are going to be pivotal for our industry
- Henrique Dubugras, Brex co-CEO, joins 'Closing Bell: Overtime' to discuss the SVB failure and the the impact it could have long term.
- 03/13/2023
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U.S. Small and Mid-Sized Banks Plunge on SVB Debacle
- U.S. Small and Mid-Sized Banks Plunge on SVB Debacle.
- 03/13/2023
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Why Are Bank Stocks SCHW, PACW, WAL, BAC, WFC, CS, GS, ALLY Down Today
- Many bank stocks are sinking this morning on continued fears about their financial health. The worries are arising despite the U.S. government's decision, announced yesterday, to guarantee all of the deposits held by SVB Financial Group's (NASDAQ: SIVB ) Silicon Valley Bank, which was closed by federal and Californian regulators on Friday.
- 03/13/2023
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Should You Buy the Dip in Big Bank ETFs & Overlook SVB Crisis?
- Wall Street went into a tailspin last week due to the liquidation of Silicon Valley Bank and Silvergate Capital. Is it a case of specific business model failure or broad-based banking crisis?
- 03/13/2023
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Goldman Sachs no longer expects the Fed to hike rates in March, cites stress on banking system
- Goldman Sachs no longer sees a case for the Federal Reserve to deliver a rate hike at the FOMC's March meeting, economist Jan Hatzius said.
- 03/13/2023
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Buy the dip in banks as the Silicon Valley Bank crisis is unlikely to spread, Goldman Sachs says
- "We reiterate our overweight recommendation on the sector and would use any large selloff as an opportunity to add risk," Goldman Sachs said.
- 03/11/2023
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Regional Bank Armageddon: What you need to know
- Regional Banks collapsed this week. Andrew Rocco walks you through what happened and what your next steps should be.
- 03/10/2023
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El-Erian Says Big Banks Will Benefit From SVB Crisis
- Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says the crisis at Silicon Valley Bank will ultimately benefit the largest banks. "Guess where the deposits are going to go?
- 03/10/2023
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Wells Fargo's Mike Mayo says banks stocks have gotten 'Powelled'
- Mike Mayo, Wells Fargo senior bank analyst, joins 'Closing Bell' to discuss the big bank sell-off.
- 03/09/2023
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The big 6 banks are over capitalized right now, says Hightower Advisors' Stephanie Link
- Hightower Advisors' Stephanie Link joins 'Closing Bell' to discuss pain in small caps, the health of the banking sector and mortgage exposure in banking.
- 03/09/2023
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Warren Buffett Has Sold Many Stocks. Did He Make a Mistake With These 2?
- Berkshire Hathaway sold many stocks at the beginning of the pandemic. Some of those have been good performers over the last three years, while others haven't.
- 03/09/2023
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Apple stock boosted amid Goldman Sachs' first Buy rating for iPhone maker in 6 years
- The Yahoo Finance Live team discusses the movement in Apple stock following Goldman Sachs' updated rating for the tech company.
- 03/06/2023
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Top Paid Goldman Partner Makes Surprise Exit
- Goldman Sachs is losing stock-trading rainmaker Joe Montesano. The 46-year-old recently informed the firm he is stepping down as head of equities trading for the Americas and leaving to take a break, according to people with knowledge of the situation.
- 03/06/2023
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Apple draws a 'Buy' rating and $199 price target from Goldman Sachs
- An analyst at Goldman Sachs (NYSE:GS) Group Inc rated Apple Inc (NASDAQ:AAPL) a “Buy” for the first time in nearly six years after the investment bank was mostly on the sidelines as the iPhone maker's stock more than quadrupled in value. In a note to clients, the Goldman analyst also provided a $199 price target on Apple over the weekend, which helped Apple bounce 3.1% to $155.72 on the Nasdaq on Monday morning.
- 03/06/2023
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Apple stock rises on 'Buy' rating from Goldman Sachs
- Yahoo Finance Live's Julie Hyman and Jared Blikre break down a Goldman Sachs analyst's 'Buy' rating on Apple stock
- 03/06/2023
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Helmerich & Payne Stock, A Lot More Upside Than Meets the Eye
- China's economy has woken up from its long COVID slumber. The 12-month trend for one of the most reliable economic activity indicators, the Caixin Manufacturing PMI, has crossed into expansion levels for the first time since.
- 03/06/2023
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The Big Question for Goldman's CEO David Solomon
- At Goldman Sachs' investor day, management said they are exploring "strategic alternatives" for its consumer banking business. However, management also spent time speaking about how it plans to improve the consumer business over the next few years.
- 03/06/2023
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Despite Recent Struggles, Goldman Sachs' Core Business Is Crushing It
- Goldman continues to be the preeminent investment bank. Its investment banking and sales and trading businesses performed incredibly well over the last three years.
- 03/06/2023
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Goldman Sachs no longer the ‘big guy' on Wall Street: Expert
- ‘Barron's Roundtable' welcomed Carleton English, Ben Levisohn and Jack Hough to discuss the U.S. economy,
- 03/04/2023
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Goldman Sachs arm among bidders for $10 bln Subway sale - Sky News
- Goldman Sachs Group Inc 's asset management arm, is among the suitors for the U.S. based sandwhich chain Subway, which has been put up for sale with an estimated $10 billion price tag, Sky News reported on Saturday.
- 03/04/2023
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Analysts stick to their ratings after Goldman investor day
- Goldman Sachs Group Inc. offered plenty of material to analysts at its first investor day in three years, but at least three stuck to their current ratings after the bank left some questions unanswered.
- 03/01/2023
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2 Bank Stocks to Sell in March
- After a red-hot start to 2023, stocks took a step back in February.
- 03/01/2023
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Goldman Sachs signals end to Marcus online bank foray
- Goldman Sachs (NYSE:GS) is preparing to draw a line under its beleaguered consumer arm after investing and losing billions of dollars. David Solomon, the US bank's chief executive, said it is considering "strategic alternatives" for its consumer arm at an investor day.
- 03/01/2023
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Goldman Sachs' investor day led to more questions than answers
- Goldman Sachs' executives teased a potential sale of its consumer business, but the lack of details led to more questions than answers.
- 03/01/2023
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Morgan Stanley Vs. Goldman Sachs: Battle Of The Bulge Bracket Banks
- For the investment banking segment, Goldman Sachs edges out Morgan Stanley due to its superior fee and brokerage revenue growth as well as its higher market share. In the asset management segment, we believe Goldman Sachs edges out Morgan Stanley due to its superior asset management revenue growth and AUMs.
- 03/01/2023
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Goldman Sachs CEO David Solomon fends off attacks over consumer banking flop
- Solomon, who recently laid off more than 3,200 workers in what was dubbed "David's Demolition Day," was pounded with questions from Wall Street analysts about the bank's struggles.
- 02/28/2023
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Why Are Stocks Down Today?
- Most major U.S. stock indices are in the red today following disappointing macro economic data. Indeed, heading into the afternoon, the Dow 30 is down less than 1% on a number of big-picture losses while the S&P 500 fluctuates between red and green today.
- 02/28/2023
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Let Goldman Sachs Be Goldman Sachs
- The Wall Street firm can steady returns while focusing on its core strengths.
- 02/28/2023
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Goldman Sachs CEO says managing money for the rich now the bank's best opportunity for growth
- After abandoning most of the bank's fledgling consumer-lending business, Goldman Sachs Group GS CEO David Solomon said Tuesday that the investment bank plans to focus on growing its wealth and asset-management businesses to help preserve its dominance on Wall Street.
- 02/28/2023
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Goldman Sachs CEO David Solomon plots a course forward at investor day following consumer banking flub
- Goldman Sachs (NYSE:GS) CEO David Solomon acknowledged certain shortcomings at the company's investor day on Tuesday but maintained the firm was on a solid path forward. "Our franchise is strong," Solomon said during his opening remarks.
- 02/28/2023
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Goldman Sachs CEO sees growth opportunity in ‘asset management'
- Goldman Sachs Group Inc (NYSE: GS) opened down today after CEO David Solomon confirmed that the Wall Street bank was considering “strategic alternatives” for its consumer businesses.
- 02/28/2023
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3 Bank Stocks For Your March 2023 Watchlist
- 3 bank stocks to watch this week.
- 02/28/2023
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Goldman Sachs CEO: The real opportunity for us is around asset and wealth management
- Goldman Sachs CEO David Solomon joins 'Squawk Box' to discuss the company's second-ever investor day and his message to shareholders.
- 02/28/2023
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Goldman Considers Shrinking Its Consumer Business
- CEO David Solomon said the bank was considering ‘strategic alternatives' for its credit-card and specialty lending businesses.
- 02/28/2023
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Goldman CEO says asset management is the new growth engine, will learn from bungled consumer effort
- Solomon also acknowledged that Goldman didn't "execute well" on parts of its consumer push, but added that management would reflect and learn from the episode.
- 02/28/2023
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Goldman Sachs Is Holding an Investor Day. Here's What We've Learned So Far.
- Goldman said it will show progress to break-even and a clear path to pretax profitability. "Profitability is not a strategy," the bank said in presentation materials.
- 02/28/2023
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3 big questions about the state of Goldman Sachs heading into its second-ever investor day
- Goldman Sachs has had a rocky few months. Now, all eyes are on its second-ever investor day. These are the key questions some will be asking.
- 02/28/2023
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Goldman Sachs bankers bristle at CEO David Solomon's pay ahead of yearly ‘Investor Day'
- As David Solomon lays out his vision for the Wall Street giant at the Tuesday shindig, many are still chafing over their disappointing year-end payouts -- and fixing the blame on their part-time DJ CEO, sources told On The Money.
- 02/27/2023
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UBS's Brennan Hawken previews what to expect from Goldman Sachs' Investor Day
- Brennan Hawken, UBS analyst, joins 'Closing Bell: Overtime' to discuss Goldman Sachs' investor day.
- 02/27/2023
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Goldman Sachs prepares for investor day as concerns mount over CEO David Soloman
- CNBC's Hugh Son joins 'The Exchange' to discuss Goldman Sachs pivoting its growth strategy away from consumer banking, the missteps of Goldman Sachs CEO David Soloman and expectations for Goldman's investor day.
- 02/27/2023
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3 Dividend-Paying Financial Stocks for a Strong Portfolio
- The search for top dividend-paying financial stocks is on. Of course, in this market environment, stability matters more than growth.
- 02/27/2023
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Why Goldman's consumer ambitions failed, and what it means for CEO David Solomon
- As Goldman's Marcus morphed from a side project to a focus for investors, the business expanded and ultimately buckled under the weight of Solomon's ambitions.
- 02/27/2023
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Goldman Sachs pitching wealth clients on investing in Stripe shows how Wall Street drums up exclusive deals for its richest customers
- Wall Street has a long history of getting creative to service its wealthiest clients. Here are some of the ways it does it.
- 02/27/2023
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Goldman Sachs Reveals Multi-Agency Credit Card Probe
- A federal investigation into Goldman Sachs' credit card business has apparently expanded. The Wall Street giant revealed last year that the Consumer Financial Protection Bureau (CFPB) was looking into that side of its operations.
- 02/27/2023
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Should Large Banks Lean Into Share Repurchases Over Dividends? Maybe
- Under the current capital regime, bank dividends and share repurchases are treated differently.
- 02/25/2023
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Citi reiterates buy on Goldman ahead of investor day, with hopes for more color on bank's growth picture
- The first investor day in three years from Goldman Sachs Group Inc. is not widely expected to bring any huge surprises, said Citi analyst Keith Horowitz.
- 02/24/2023
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Goldman Sachs and Citi are reportedly restricting employees' use of ChatGPT as big banks crack down on the popular AI tool
- Wall Street banks appear to be cautious about ChatGPT's presence on their work platforms. JPMorgan has also restricted use of the AI tool.
- 02/24/2023
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Time to Buy Berkshire Hathaway Stock with Earnings Approaching?
- There is much anticipation for the renowned holding company's fourth-quarter earnings report on Friday, February 24.
- 02/22/2023
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Lackluster Goldman Sachs
- The Goldman Sachs Group, Inc., in the time period following the Great Recession, tried to change its business model to produce steady, more consistent results as the Federal Reserve was changing policy. It did not do a very good job.
- 02/20/2023
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Why Goldman Sachs (GS) is a Top Dividend Stock for Your Portfolio
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 02/20/2023
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Why Is Goldman (GS) Up 7.2% Since Last Earnings Report?
- Goldman (GS) reported earnings 30 days ago. What's next for the stock?
- 02/16/2023
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Confidence crisis at Goldman Sachs? The Fast Money traders debate
- Are the knives coming out for Goldman Sachs CEO David Solomon? With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Steve Grasso, Guy Adami and Jeff Mills.
- 02/15/2023
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Goldman Sachs scraps direct-to-consumer credit card plan
- CNBC.com banking reporter Hugh Son joins 'Squawk Box' to discuss Goldman Sachs' decision to drop their direct-to-consumer credit card plan, the pivot toward a backend consumer business, and the costly mistakes made by Goldman Sachs in its attempt to instate a direct-to-consumer model.
- 02/15/2023
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Goldman Sachs scraps idea for direct-to-consumer credit card after strategy shift
- Not long ago, CEO David Solomon told analysts the bank was developing its own card, which would've made use of the platform Goldman created for the Apple Card.
- 02/15/2023
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The Goldman Sachs Group, Inc. (GS) 24th Annual Credit Suisse Financial Services Forum Conference (Transcript)
- The Goldman Sachs Group, Inc. (NYSE:GS.PK ) 24th Annual Credit Suisse Financial Services Forum Conference Call February 14, 2023 7:45 AM ET Company Participants David Solomon - Chief Executive Officer Conference Call Participants Susan Katzke - Credit Suisse Susan Katzke Okay. Good morning, and welcome, everybody.
- 02/14/2023
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Goldman Sachs CEO on probability of economic soft landing
- David Solomon, the CEO of Goldman Sachs, on Tuesday discussed the probability of the U.S. economy experiencing a soft landing while appearing at a conference.
- 02/14/2023
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FBI Raids Home Of Former CEO Of Goldman Sachs-Backed Tech Company Slync
- FBI agents raided the home of Chris Kirchner, the former CEO of a Goldman Sachs-backed logistics software company Slync, on Tuesday morning.
- 02/14/2023
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The SEC has charged the ex-CEO of a Goldman Sachs-backed tech company with running a $67 million securities fraud
- The SEC alleged Chris Kirchner, former CEO of a software company Slync, "misappropriated" more than $28 million for his personal use.
- 02/14/2023
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Best Dow Stocks To Buy Today? 3 For Your List
- Should investors be watching these dow stocks today?
- 02/14/2023
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Goldman Sachs CEO says odds of a 'softer landing' for U.S. economy have improved
- Markets rallied this year as inflation moderated and job growth remains strong, feeding investors' hope that the economy can stick the elusive soft landing.
- 02/14/2023
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Goldman Sachs CEO David Solomon says the economy feels like it has a better chance at a 'softer landing'
- The Wall Street executive also said he expects to see more sluggish growth, and that China's reopening will add inflationary pressure.
- 02/14/2023
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Goldman Sachs CEO Says He Was Too Slow to Cut Jobs: Report
- The investment banking giant began laying off up to 3,200 employees last month—its biggest job cuts since the 2008-09 financial crisis.
- 02/13/2023
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Goldman Sachs partners are pissed
- In Insider Weekly: Microsoft's ChatGPT-powered Bing and Google's Bard are going to make detecting lies a living hell. Plus, unrest at Goldman Sachs.
- 02/12/2023
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The 10 Rules Of Thumb For Investing, According To This Goldman Sachs Analyst Turned CEO - Goldman Sachs Group (NYSE:GS)
- Gav Blaxberg, CEO and founder of Wolf Financial, shared his 10 rules of thumb for investing.
- 02/09/2023
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A disappointing 2022 has led some Goldman Sachs partners to ask: Is it time for a change at the top?
- After a run of missteps, some of Goldman's top executives are considering pitching the board on potentially replacing David Solomon.
- 02/09/2023
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Wells Fargo hikes Goldman Sachs price target to $420
- The "Halftime Report" traders debate the biggest analyst calls of the day.
- 02/08/2023
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Analyst keeps neutral rating for Goldman ahead of big investor day on Feb. 28
- Deutsche Bank analyst Matt O'Connor said Wednesday that Goldman Sachs Group Inc. will be hard-pressed to impress investors when the marquee investment bank holds its first investor day in three years on Feb. 28.
- 02/08/2023
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There isn't enough copper in the world — and the shortage could last till 2030
- A copper deficit is set to inundate global markets throughout 2023, fueled by increasingly challenged South American supply streams and higher demand pressures.
- 02/06/2023
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Carlyle Group names Goldman Sachs veteran Harvey Schwartz as CEO
- Carlyle Group Inc. on Monday named Harvey M. Schwartz as CEO in a move to tap the Goldman Sachs Group Inc. veteran's “extensive experience leading and expanding a wide range of large, profitable businesses.
- 02/06/2023
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Goldman Sachs (GS) Could Be a Great Choice
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 02/03/2023
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The 7 Most Undervalued Dow Stocks to Buy in February 2023
- While investing in the new normal seemingly focused on meme trades and other high-risk ventures, targeting the companies of the Dow Jones is always relevant, particularly if they're among the most undervalued Dow stocks to buy. Granted, this venerable list doesn't bring much excitement.
- 02/02/2023
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Goldman Sachs May Look Cheap, but I'm Not Buying
- Sometimes stocks are cheap for a reason.
- 02/02/2023
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Attractively Priced Bank Stock for Options Bulls
- Bank name Goldman Sachs (NYSE:GS) is curling higher after pulling back to its 200-day EMA, which has been a significant pivot since the 2022 summer.
- 01/31/2023
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Three-stock lunch: SoFi, Lucid and Goldman Sachs
- Ari Wald, head of technical analysis at Oppenheimer, joins 'Power Lunch' to discuss three stocks moving higher today, the reasons behind the positive gains, and the durability of the action.
- 01/30/2023
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Housing Market Alert: Why So Many Americans Are Now Rent-Burdened
- The housing market remains front and center. Is it because of the housing boom during Covid-19 and that now seemingly everyone is looking for the “bust” part of that equation?
- 01/27/2023
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Goldman Sachs' David Solomon latest CEO hit with pay cut
- Goldman Sachs CEO joins Apple's Tim Cook as latest industry CEO hit with pay cut.
- 01/27/2023
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Goldman Sachs cut CEO David Solomon's pay by 30% in 2022. He made only $25 million.
- Solomon's salary is made up of a $2 million annual base salary, and $23 million in annual variable compensation. He made $35 million in 2021.
- 01/27/2023
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Goldman Sachs CEO pay drops 30% after profit falls 48% and share price loses 10% in tough 2022
- Goldman Sachs CEO David Solomon will take home 30% less pay in in 2022 after a tough year for the investment bank that saw its stock price drop by 10% and its net earnings drop by $10.4 billion from the blockbuster year in 2021.
- 01/27/2023
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Goldman Sachs CEO David Solomon gets 29% pay cut to $25 million after tough 2022
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Goldman Sachs Cuts CEO David Solomon's Pay About 30%
- Goldman Sachs cut CEO David Solomon's compensation by about 30% to $25 million for 2022. The package includes a $2 million base salary and $23 million in variable compensation, with $16.1 million of that in the form of restricted stock units.
- 01/27/2023
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Goldman Sachs cuts CEO David Solomon's pay 30% as bank fires thousands
- Goldman Sachs cut Chief Executive David Solomon's pay to $25 million in 2022 — a 30% drop from a year earlier as the bank lays off thousands of workers amid slumping revenues and flopped business ventures that have included a push into consumer banking.
- 01/27/2023
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Goldman Sachs Cut CEO David Solomon's Pay to $25 Million
- The Wall Street firm's chief executive took a nearly 30% pay cut.
- 01/27/2023
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Goldman Sachs finds criticism from The Economist
- Goldman Sachs criticism is now on the front page of a major business publication.
- 01/27/2023
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What To Expect From Goldman Sachs Stock?
- Goldman Sachs stock (NYSE: GS) has lost 0.5% in the last week, underperforming the S&P 500 (up 0.6%).
- 01/27/2023
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BofA's Stock Reward Reflect Financial Firms' Conundrum
- BofA again plans to give restricted stock rewards to most of its workers, reflecting the balance big financial firms are trying to strike between restraining costs and retaining talent.
- 01/26/2023
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Goldman Sachs's Path to a Higher Valuation Now Lies in Asset and Wealth Management
- Goldman recently pivoted away from its consumer-banking ambitions, which were supposed to drive a higher valuation.
- 01/26/2023
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What Went Wrong for Goldman Sachs' Consumer Banking Efforts?
- Consumer banking was supposed to be Goldman's push for a higher valuation.
- 01/26/2023
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Goldman Sachs: An Evolving Business Of Resilience And Growth
- In spite of high-impact macro events, Goldman Sachs has demonstrated high levels of resilience, growing 0.53% over the past year, versus the SPY (-14.01%). Goldman Sachs' ability to do so has been predicated upon increased fixed income/commodities/currencies revenues, widening private banking deposit spreads, superior AUM inflows, and development of their credit card platforms.
- 01/25/2023
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Investment Banks Are Coming Off a Tough Year: Can They Rebound in 2023?
- Here's what needs to happen for the investment banking industry to bounce back.
- 01/25/2023
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Goldman Sachs to significantly reduce its $59 billion of alternative investments - Reuters
- Goldman Sachs' (NYSE:GS) asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank's recent earnings, an executive has told Reuters in an exclusive interview. Julian Salisbury, the investment bank's chief investment officer of asset and wealth management told Reuters that Goldman plans to divest its positions over the next few years and replace some of those funds on its balance sheet with outside capital, "I would expect to see a meaningful decline from the current levels," Salisbury told the newswire.
- 01/24/2023
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American Express Q4 Preview: Another EPS Beat Inbound?
- American Express has consistently posted better-than-expected results, exceeding earnings and revenue estimates in six consecutive quarters.
- 01/23/2023
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Fed's Goldman Probe and Regulators' Remarks Signal Heightened Digital Lending Scrutiny
- The rise of digital banking — and specifically, consumer lending — looks set for renewed focus from regulators. As reported last week, the Federal Reserve has been looking into Goldman Sachs' oversight of its consumer business Marcus, its management and governance and its handling of customers' problems.
- 01/23/2023
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3 Financial Stocks to Buy Doing Better Than Goldman Sachs
- Goldman Sachs (NYSE: GS ) announced it was laying off 3,200 employees in early January. That worked out to about 6.5% of its global workforce.
- 01/23/2023
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This year sets up 'bullish concoction' for commodities, gold on 'cusp of sustained upside,' says Goldman
- (Kitco News) - Commodities are in store for a 'bullish concoction' in 2023, according to Goldman Sachs, which sees a combination of the macro environment and low inventories boosting almost every commodity.
- 01/23/2023
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Preferreds Weekly Review: Fixed-Rate Preferreds Finally Get Some Love
- We take a look at the action in preferreds and baby bonds through the second week of January and highlight some of the key themes we are watching. Preferreds enjoyed another strong week, supported by lower Treasury yields and higher stocks.
- 01/23/2023
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Goldman Sachs announces reduction in asset management investments
- Goldman Sachs Group Inc's asset management arm will make significant reductions to the $59 billion of alternative investments that hurt the firm's earnings.
- 01/23/2023
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Exclusive: Goldman Sachs to cut asset management investments that weighed on earnings
- Goldman Sachs Group Inc's asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank's earnings, an executive told Reuters.
- 01/23/2023
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Big Banks Ready ‘Super Brutal' Round of Layoffs
- Banks are set to undertake the largest wave of job cuts in 15 years amid declining revenues. Industry watchers told the Financial Times (FT) the layoffs — expected to be in the tens of thousands — reverse a trend of widespread hiring and banks' reticence to let go of workers during the pandemic.
- 01/22/2023
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Reviewing Goldman Sachs' Disappointing Quarter
- The investment bank suffered its worst earnings miss in a decade.
- 01/21/2023
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Goldman Sachs Or Morgan Stanley: Which Bank To Buy In 2023?
- MS has a superior business model. The wealth management division is growing and delivering >30% ROE.
- 01/21/2023
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US Markets End the Week With Gains as Tech Stocks Soar
- The Nasdaq was up by roughly 2.7% during the session on Friday, Jan. 20, while the Dow and S&P 500 also posted gains to close out the trading week.
- 01/20/2023
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Stocks moving this week: Netflix, Microsoft, Google, Goldman Sachs, Morgan Stanley, Tesla
- Yahoo Finance markets reporter Jared Blikre examines the afternoon sector action, Nasdaq leaders, and Ally Financial shares ahead of the closing bell.
- 01/20/2023
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Goldman Sachs consumer expansion a 'sideshow' to its main business, says Wells Fargo's Mike Mayo
- Mike Mayo, Wells Fargo Securities senior banking analyst, joins 'Closing Bell Overtime' to discuss the fall of Goldman Sachs consumer banking division, the Federal Reserve investigation facing Goldman Sachs, and stock recommendations for the banking sector.
- 01/20/2023
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Federal Reserve investigating Goldman Sachs' consumer business
- The Federal Reserve has launched a probe into Goldman Sachs' consumer business known as Marcus, reportedly over concerns that the bank did not have proper safeguards in place.
- 01/20/2023
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Fed probes Goldman Sachs's consumer business unit
- Yahoo Finance Live anchors Seana Smith and Dave Briggs discuss reports that the U.S. Fed is investigating Goldman Sachs's consumer business.
- 01/20/2023
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Goldman's consumer banking effort draws scrutiny from the Fed: WSJ
- The U.S. Federal Reserve is inquiring into whether Goldman Sachs Group Inc. installed proper safeguards in place as it stepped up its consumer lending in recent years as part of a broad push into the retail banking sectors, The Wall Street Journal reported Friday.
- 01/20/2023
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Final Trades: Abbvie, Goldman Sachs, Charles River & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 01/20/2023
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Financial ETFs Down on Mixed Earnings
- Three out of six big U.S. banks were able to beat overall this earnings season.
- 01/20/2023
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Goldman Sachs' consumer business Marcus facing Fed probe: report
- The probe grew out of a standard Fed review of the business in 2021 and intensified into an investigation last year.
- 01/20/2023
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Goldman Sachs slips on report that the Federal Reserve is investigating its Marcus business
- The regulator is looking into Goldman Sachs consumer division, Marcus.
- 01/20/2023
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Back to the Office? 1 Stock to Buy and 2 to Sell Amid New Mandates
- The return-to-work drumbeat is picking up steam across corporate America. Businesses of all sizes are encouraging workers to get back into the office, citing all kinds of reasons, from increased creativity to better morale.
- 01/19/2023
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Goldman's Gnodde on Hiring Plans, Compensation
- Goldman Sachs International CEO Richard Gnodde says the bank will continue to hire new staff selectively. He speaks to Bloomberg from the World Economic Forum in Davos.
- 01/19/2023
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Office REITs Look Cheap But There Could Be More Pain Ahead
- Office REITs were battered by the pandemic, and some are offering attractive yields. 2022 was supposed to be a year of recovery for office REITs but that hasn't materialized.
- 01/19/2023
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How Does Warren Buffett Handle a Bull Market?
- Warren Buffett is best known for buying in a down market, but he doesn't mind buying in a bull market either.
- 01/19/2023
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Big Bank Earnings Spotlight Unstoppable Digital Shift
- Big banks' earnings have shown the great financial services digital shift continues. J.P. Morgan, Bank of America, Citi and Wells last week provided variations on several themes: A mild recession seems a real possibility this year.
- 01/18/2023
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Goldman Sachs Vs. Jefferies: Which Is the Better Investment?
- Banks have begun reporting their earnings results for the fourth quarter of 2022, and as many investors expected, investment banking revenue was hit hard, especially when compared to the bumper year in 2021.
- 01/18/2023
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Goldman Sachs And Morgan Stanley Both Miss Earnings Estimates As Mixed Banking Results Continue
- While Wall Street definitely wasn't immune to the volatility of the broader market, some banks such as Morgan Stanley and Goldman Sachs managed to finish the year in the green.
- 01/18/2023
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Goldman shares regain footing as Wall Street sorts out tough quarter of high expenses
- Goldman Sachs Group Inc. shares rose despite downward pressure in the broad market on Wednesday after a big move into the red in the previous session, as uncertainty around its expenses weighed on the stock.
- 01/18/2023
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Are You Looking for a High-Growth Dividend Stock?
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
- 01/18/2023
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Watch CNBC's full interview with Goldman Sachs CEO David Solomon
- David Solomon, Goldman Sachs CEO, joins 'Squawk Box' to discuss what happened with Goldman's quarterly earnings results, the company's book value, and more.
- 01/18/2023
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OPEX Looms: 3 Reasons Markets May Need to Digest
- Markets have been on a tear the past three weeks as inflation fears among investors have dissipated. Today, Andrew Rocco discusses why the market is showing some subtle signs that it may need to take a breather in the short term.
- 01/18/2023
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Goldman Sachs CEO David Solomon admits the Wall Street giant expanded too quickly into consumer banking following earnings stumble
- "In the consumer platforms, we did some things right. We didn't execute on some others," Solomon told CNBC at the World Economic Forum in Davos.
- 01/18/2023
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Goldman Sachs CEO: We had a disappointing quarter and we own that
- David Solomon, Goldman Sachs CEO, joins 'Squawk Box' to discuss what happened with Goldman's quarterly earnings results, the company's book value, and more.
- 01/18/2023
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David Solomon admits Goldman took on too much, too quickly in consumer business
- "We obviously had a disappointing quarter and we tried to own that, you know, up front," Solomon told CNBC's "Squawk Box" Wednesday.
- 01/18/2023
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Goldman Grows Installment and Card Loans But Charge-Offs Soar
- Goldman Sach's struggles in consumer lending and cards were telegraphed – but now they are etched in stone. As reported on Tuesday (Jan. 17), and as detailed in the company's earnings and supplementals, the company had $6 billion in installment loans on the books in the fourth quarter ending Dec.
- 01/17/2023
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The Market Sum: Double Down
- The Dow declined to start the trading week on Jan. 17, 2023, as earnings reports failed to impress the markets, while the Nasdaq posted a small gain.
- 01/17/2023
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Stock Market Glued To 2023 Highs Despite Mixed Earnings; Is This The New Bull Market?
- Stock market indexes chopped sideways near big resistance levels Tuesday, awaiting catalysts later this week. The post Stock Market Glued To 2023 Highs Despite Mixed Earnings; Is This The New Bull Market?
- 01/17/2023
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Top Earnings Reports for the Week of January 16: What Are They Telling Us?
- This earnings season is just getting started and the next few weeks will provide a lot of valuable information on how the economy performed in the last quarter of 2022
- 01/17/2023
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Goldman Sachs' bad quarter is the result of environmental factors, says Steve Weiss
- Steve Weiss, chief investment officer and managing partner of Short Hills Capital Partners LLC, joins 'Closing Bell Overtime' to discuss Goldman Sachs' earnings miss, the environmental factors impacting the company's margins and Moderna's RSV vaccine news.
- 01/17/2023
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Stocks moving after the close: Goldman Sachs, Morgan Stanley, Alibaba, Roblox
- Yahoo Finance Live co-hosts Dave Briggs and Seana Smith check out several trending stocks following mixed market closings after Tuesday's bell.
- 01/17/2023
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US stocks close mixed as Dow dives nearly 400 points on weak Goldman Sachs earnings
- Both Goldman Sachs and Morgan Stanley noted the more challenging macroeconomic environment, and saw declines in dealmaking.
- 01/17/2023
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James Gorman's strategy is to get a higher multiple, says CFRA's Ken Leon
- Ken Leon from CFRA joins 'Closing Bell' to discuss today's market action and the impact of Goldman and Morgan Stanley earnings on today's trading.
- 01/17/2023
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Goldman Sachs shares sink after brutal quarter
- Investors are selling shares of Goldman Sachs after the bank reported a drop in quarterly profits.
- 01/17/2023
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The Problem at Goldman Sachs Isn't What You Think It Is
- Wall Street bank's consumer foray gets all the attention, but it is the transformation in asset management that really needs to pick up the pace.
- 01/17/2023
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At the end of the day, deposits matter, says Mendon Capital Advisors' Anton Schutz
- Anton Schutz, Mendon Capital Advisors president and CIO, joins 'The Exchange' to discuss the bank earnings picture headed into 2023, the forces shaping growth trends and Goldman Sachs' strategy for a consumer pullback.
- 01/17/2023
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The 'Halftime Report' investment committee weighs in on Q4 bank earnings
- Stephanie Link, Joe Terranova, Josh Brown and Jim Lebenthal join the 'Halftime Report' to talk big bank earnings takeaways, macro pressures facing banks and those best positioned for 2023.
- 01/17/2023
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Dow Falls Nearly 400 Points: Goldman Stock Losses Top $9 Billion After Worst Earnings Miss In A Decade
- Goldman Sachs was one of the worst-performing stocks on Tuesday, plunging 7%.
- 01/17/2023
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The Goldman Sachs Group, Inc. (GS) Q4 2022 Earnings Call Transcript
- The Goldman Sachs Group, Inc. (NYSE:GS.PK ) Q4 2022 Earnings Conference Call January 17, 2023 9:30 AM ET Company Participants Carey Halio - Investor Relations David Solomon - Chairman and Chief Executive Officer Denis Coleman - Chief Financial Officer Conference Call Participants Glenn Schorr - Evercore Ebrahim Poonawala - Bank of America Steven Chubak - Wolfe Research Betsy Graseck - Morgan Stanley Mike Mayo - Wells Fargo Brennan Hawken - UBS Devin Ryan - JMP Securities Dan Fannon - Jefferies Matt O'Connor - Deutsche Bank Gerard Cassidy - RBC Jim Mitchell - Seaport Global Operator Good morning. My name is Katie and I will be your conference facilitator today.
- 01/17/2023
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Here's Why Shares of Goldman Sachs Are Down 7.5% Today
- Goldman's fourth-quarter earnings results failed to meet investors' expectations.
- 01/17/2023
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A tale of two banks: Goldman Sachs hit by rising expenses, Morgan Stanley bolstered by strong performance of wealth management division
- All eyes on Tuesday were on financial services giants Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS), whch both reported their latest quarterly earnings before the bell, sending one company's stock tumbling and the other's share price higher. Just before noon, Goldman Sachs (NYSE:GS) shares had fallen almost 7% after its 4Q 2022 earnings highlighted the impact of falling revenue amid increasing expenses and loan loss provisions.
- 01/17/2023
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Goldman Sachs (GS), Empire State Way Off Estimates
- This week looks a bit more challenging than last, at least early on.
- 01/17/2023
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Empire State Manufacturing Index Posts Worst Output in Nearly 3 Years
- Empire State Manufacturing Index Posts Worst Output in Nearly 3 Years.
- 01/17/2023
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Goldman Sachs Q4 earnings: ‘they need to get their act together'
- Goldman Sachs Group Inc (NYSE: GS) is down nearly 7.0% this morning on a significant year-over-year decline in its quarterly profit that fell shy of Street estimates.
- 01/17/2023
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Goldman (GS) Q4 Earnings Lag Estimates as IB Revenues Crash
- Muted IB business on a slump in deal-making activities and higher provisions hurt Goldman's (GS) Q4 earnings.
- 01/17/2023
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Options Traders Blast 2 Bank Stocks After Earnings
- Bank giants Morgan Stanley (NYSE:MS) and Goldman Sachs Group Inc (NYSE:GS) are moving in opposite directions this morning after their reported fourth-quarter results.
- 01/17/2023
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Goldman, Travelers stocks cut the Dow's price by more than 200 points combined
- Goldman Sachs Group Inc. and Travelers Companies Inc. can almost be completely blamed for the Dow Jones Industrial Average DJIA, -0.87% falling in morning trading Tuesday, even though the rest of the stock market is enjoying a broad rally. Goldman's stock GS, -6.12% was dropping $22.41, or 6.0%, to lead the Dow's price and percentage decliners, and to take 148 points off the Dow's price, after the bank and broker reported disappointing fourth-quarter profit.
- 01/17/2023
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Banks weigh on stocks after Goldman widely misses earnings expectations
- CNBC's Bob Pisani reports on the market action to begin the week's trading.
- 01/17/2023
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Earnings: Goldman Sachs posts profit miss, Morgan Stanley beats estimates
- Don't Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE
- 01/17/2023
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Goldman Sachs CEO David Solomon blames ‘challenging' US economy as profits plunge
- The dismal earnings report came a week after Goldman Sachs announced a round of layoffs.
- 01/17/2023
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Goldman Sachs (GS) Misses Q4 Earnings Estimates
- Goldman (GS) delivered earnings and revenue surprises of -36.76% and 0.71%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 01/17/2023
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U.S. stocks struggle for direction at the open as investors weigh Goldman, Morgan Stanley earnings
- U.S. stocks struggled for direction at the open on Tuesday, as investors weighed earnings from Goldman Sachs Group Inc. and Morgan Stanley as trading resumed following a three-day weekend honoring Martin Luther King Jr. The Dow Jones Industrial Average DJIA, -0.30% was down 0.2% soon after the opening bell, while the S&P 500 SPX, -0.06% edged up 0.1% and the Nasdaq Composite COMP, -0.15% was trading about flat, according to FactSet data, at last check. Goldman Sachs and Morgan Stanley on Tuesday reported their results for the fourth quarter, with Goldman GS, -2.29% missing earnings estimates while Morgan Stanley MS, +4.72% beat analysts' forecasts.
- 01/17/2023
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What Wall Street Banks Are Saying About the Stock Market
- Mixed results from Goldman Sachs and Morgan Stanley paint a complicated picture.
- 01/17/2023
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Goldman Sachs Stock Skids On Q4 Miss, Morgan Stanley Tops Expectations
- Goldman Sachs stock fell early Tuesday after reporting a massive drop in earnings, Morgan Stanley just beat expectations for quarterly results. The post Goldman Sachs Stock Skids On Q4 Miss, Morgan Stanley Tops Expectations appeared first on Investor's Business Daily.
- 01/17/2023
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Goldman misses EPS and revenue estimates; Morgan Stanley beats revenue and EPS estimates
- CNBC's Carl Quintanilla reports on Goldman Sachs and Morgan Stanley's quarterly earnings results.
- 01/17/2023
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Goldman Sachs misses its earnings estimate, while Morgan Stanley beats as profits drop
- Goldman Sachs Group Inc. and Morgan Stanley reported lower fourth-quarter earnings on Tuesday as their investment banking practices handled fewer deals, but Morgan Stanley stock rose after it beat expectations while Goldman moved lower after falling short.
- 01/17/2023
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Goldman Sachs misses 4th-quarter earnings forecasts as investment banking, asset management revenue sink
- Asset management revenue tumbled 27% to $3.56 billion, and investment banking fees sank 48% to $1.87 billion.
- 01/17/2023
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Goldman Sachs Profit Plummets From Deal-Making Drought
- Goldman on Tuesday said quarterly profit was $1.33 billion, down 66% from a year ago.
- 01/17/2023
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Goldman Sachs misses profit estimates amid steep decline in investment banking, asset management
- Goldman Sachs posted fourth-quarter results on Tuesday that missed analysts' estimates for profit amid steep declines in investment banking and asset management revenue.
- 01/17/2023
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Goldman Sachs Stock Slips After Earnings. Here's Why.
- Goldman reported a profit of $3.32, below forecasts for $5.56, on sales of $10.59 billion, missing estimates for $10.83 billion.
- 01/17/2023
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What's next for Goldman following deep cuts and organization overhaul
- Goldman Sachs has had a tough go of it for the past year. So what's next for the bank as it looks to move past making deep cuts and a reorg.
- 01/17/2023
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Goldman Sachs is set to report fourth-quarter earnings — here's what the Street expects
- How long will the investment banking drought last? That's one of the top questions analysts will have for Goldman CEO David Solomon.
- 01/17/2023
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Earnings Season Continues With Big Banks
- Earnings Season Continues With Big Banks.
- 01/16/2023
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Why Investors Need to Take Advantage of These 2 Finance Stocks Now
- Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
- 01/16/2023
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Trading, NII to Aid Goldman's (GS) Q4 Earnings, IB to Hurt
- Robust trading and higher interest rates are expected to have aided Goldman's (GS) Q4 earnings amid weakness in IB business.
- 01/16/2023
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Inside the 'doomsday' layoffs at Goldman Sachs
- In Insider Weekly: We talk about Goldman Sachs' brutal layoffs, why paid sabbaticals are a good thing for everyone, and a new economic agenda.
- 01/15/2023
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Goldman Sachs plans to nudge out an additional 800 staffers by skimping on bonuses after already laying off more than 3,000 employees, report says
- "The expectation is people will quit the following week," a source close to the bank told the New York Post about forthcoming "skimpy" bonuses.
- 01/14/2023
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Plenty of Positives in Big Bank Earnings: What's Next?
- The market liked what it saw in the fourth quarter releases from JPMorgan (JPM), Bank of America (BAC), Citigroup (C), and even Wells Fargo (WFC).
- 01/13/2023
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This New Warren Buffett Stock Saw Profits Plunge 50% in 2022. Should Investors be Worried?
- In the third quarter of 2022, Berkshire Hathaway took a small stake in a pure-play investment bank.
- 01/13/2023
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Goldman Sachs Reports $1.2B Loss on Consumer Platforms in 9 Months
- Goldman Sachs' credit card and installment lending business lost $1.2 billion during the first three quarters of 2022. The firm said in a Thursday (Jan. 12) SEC filing that its Platform Solutions business also lost $1 billion in 2021 and $783 million in 2020.
- 01/13/2023
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Goldman Sachs may shed nearly 1,000 more workers after this week's bloodbath: sources
- Goldman Sachs shed more than 3,000 employees this week -- but some insiders claim the bank has a plan that will soon raise that number to 4,000.
- 01/13/2023
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Goldman Sachs Lost $3 Billion on Consumer Lending Push
- The newly disclosed figure reveals a costly toll since 2020 of the Wall Street firm's push to build out Main Street businesses.
- 01/13/2023
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How Will the S&P 500 Perform in 2023? Here's What This Top Bank Thinks
- Even with this information, investors shouldn't alter their behavior.
- 01/13/2023
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Futures subdued as focus shifts to results from big U.S. banks
- U.S. stock index futures were muted on Friday ahead of results from big U.S. banks that will kick off the quarterly earnings season and provide more clues on the strength of corporate America.
- 01/13/2023
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Cramer lays out what investors should watch for when banks report earnings on Friday
- Cramer explained what information investors should be on the lookout for when several major banks report their quarterly earnings results on Friday.
- 01/12/2023
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‘A very good test': Watch this bank ETF as big banks kick off earnings season Friday
- Hello! This week's ETF Wrap shines a light on the financial sector as big banks prepare to release their results on Friday.
- 01/12/2023
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We're excited about big banks with strong consumer deposits, says RBC's Gerard Cassidy
- CNBC's Hugh Son and Gerard Cassidy of RBC join 'The Exchange' to discuss upcoming bank earnings, Cassidy's picks and projected declines in earnings.
- 01/12/2023
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Goldman Sachs exec addresses massive job cuts at Wall Street powerhouse: 'Complete faith' in firm's decision
- Goldman Sachs executive Joe Duran analyzes December's CPI report, gives his market outlook for 2023, and explains why the Wall Street firm cut 3,200 jobs.
- 01/12/2023
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Earnings: Banks expected to report 'very good numbers,' analyst says
- RBC Capital Markets analyst Gerard Cassidy joins Yahoo Finance Live anchors Julie Hyman and Brian Sozzi to discuss big bank earnings expectations, rising interest rates, recent market action, workforce cuts across big banks like Goldman Sachs, and the outlook for investment banking.
- 01/12/2023
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Earnings Preview for the Week of January 16th
- Airlines, banks, and a Chinese leader showcase their earnings next week.
- 01/12/2023
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Goldman closes latest mezzanine debt fund at $15.2 bln
- Goldman Sachs Group Inc. GS, +1.99% said Thursday it drew in $15.2 billion in capital for West Street Mezzanine Partners VIII, a debt fund. “We believe our differentiated approach allows us to navigate the volatile current market conditions and position ourselves to best identify investment opportunities that drive attractive risk-adjusted returns for our investors,” said Julian Salisbury, chief investment officer for Asset & Wealth Management.
- 01/12/2023
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10 Biggest Companies Reporting Earnings in the Third Week of Jan 2023
- The fourth quarter earnings season officially started this week. Wall Street is expecting a rough quarter ahead, with Goldman Sachs and other banks preparing for layoffs.
- 01/11/2023
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Goldman Sachs reviewing cost of private jet travel favored by CEO David Solomon: report
- Goldman Sachs is scrambling to slash costs during a profitability crunch.
- 01/11/2023
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Will Goldman (GS) Beat Estimates Again in Its Next Earnings Report?
- Goldman (GS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 01/11/2023
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The '2023 Recession': Why So Certain? (+3 Dividend Buys)
- Wall Street seems to agree that we'll be entering a recession. I just can't accept that at face value.
- 01/11/2023
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Goldman Sachs Sounds the Alarm on the Eve of Earnings Season
- This morning, the World Bank published its 2023 global growth forecasts. The report coincided with Goldman Sachs announcing cost cuts.
- 01/11/2023
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Goldman Sachs has started laying off over 3,000 employees globally
- Investment banking giant Goldman Sachs started talking to affected staff members Wednesday, a source with knowledge of the layoffs told Insider.
- 01/11/2023
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Goldman Sachs raises $1.6 billion private capital for climate fund
- Godlman Sachs Asset Management Horizon Environment & Climate Solutions I fund raises $1.6 billion for self proclaimed mission of fighting global warming.
- 01/10/2023
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US banks get ready for shrinking profits and recession
- Rising prices and higher borrowing costs have led consumers and businesses to curb spending, and since banks serve as economic middlemen, their profits decline when activity slows.
- 01/10/2023
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This Ultra High-Yield Oil Stock's Dividend Gusher Could Get Even Bigger in 2023
- The prospect of higher oil prices could push its payout even higher.
- 01/10/2023
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Goldman Sachs economists no longer expect a recession in Europe
- Bring out the bubbly. It no longer looks like Europe's going to enter a recession, according to Goldman Sachs economists.
- 01/10/2023
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Goldman No Longer Sees Recession for Euro Area
- Goldman Sachs no longer predicts a euro-zone recession after the economy proved more resilient at the end of 2022. The bank's economists are now expecting gross domestic product to increase 0.6% this year, compared with an earlier forecast for a contraction of 0.1%.
- 01/10/2023
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Is Goldman Sachs as Good as Gold in Your Portfolio?
- Prestigious investment banking firm The Goldman Sachs Group (NYSE: GS) stock is at a critical juncture between breaking down under the weekly rising price chan
- 01/10/2023
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Goldman Sachs to cut up to 3,200 jobs this week
- Yahoo Finance Live anchors Dave Briggs and Seana Smith report on Goldman Sachs' job cut expectations as Big Banks report earnings this week.
- 01/09/2023
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How Will Bank ETFs Perform in Light of Q4 Earnings?
- Big banks will start releasing their quarterly numbers this week.
- 01/09/2023
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Goldman Sachs Trims the Fat with 3,200 Job Cuts
- Goldman Sachs is cutting approximately 3,200 jobs from its core banking and trading units.
- 01/09/2023
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Goldman Sachs expected to cut 6.5% of employees
- Hugh Son, CNBC's banking reporter, joins 'The Exchange' to discuss ongoing Goldman Sachs layoffs, employment trends across the banking sector, and financial expectations for 2023.
- 01/09/2023
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Goldman to Axe 3,200 Workers
- A costly consumer banking venture, slowdowns in mergers, and dwindling asset prices are prompting Goldman to reduce expenses.
- 01/09/2023
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Goldman Sachs bankers have nickname for layoff bloodbath planned by CEO
- Word of the layoffs by hard-charging Chief Executive David Solomon spread at the Wall Street giant's headquarters in downtown Manhattan on Friday, sources said.
- 01/09/2023
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Goldman Sachs is cutting up to 3,200 employees this week as Wall Street girds for tough year
- Goldman CEO David Solomon kicked off Wall Street's layoff season in September and then opted to enact the industry's deepest cuts so far.
- 01/09/2023
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Goldman Sachs to lay off as many as 3,200 employees this week
- Goldman Sachs plans to lay off more than 3,000 employees this week, a source familiar with the matter said. However, the firm will still continue to strategically hire.
- 01/09/2023
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Goldman Sachs May Cut More Than 3,000 Jobs This Week
- The layoffs are slightly smaller than earlier proposals to eliminate nearly 4,000 positions.
- 01/09/2023
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Goldman Sachs is reportedly set to cut up to 3,200 jobs
- Goldman Sachs (NYSE:GS) is reportedly set to cut up to 3,200 jobs in the coming days as it seeks to reduce costs in the face of a slowdown in investment banking and a retrenchment of its consumer bank, according to the Financial Times citing a person familiar with the matter. The cuts, which represent about 6.5% of its roughly 49,000 workforce, are less severe than the worst-case scenario of 3,900 jobs that Goldman boss David Solomon and his management team had discussed late last year, the paper added However, the scale of the cuts is reportedly one of the largest in the bank's recent history and more drastic than those planned by many of its peers.
- 01/09/2023
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Goldman to Report $2B Loss in Credit Card, Installment Businesses
- Goldman Sachs is reportedly set to unveil a $2 billion loss in its new business. The loss in its credit card and installment-lending business Platform Solutions were made worse by new accounting regulations, under which the firm had to set aside more money as loan volumes grew, according to a Bloomberg report Sunday (Jan.
- 01/08/2023
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Goldman Sachs to start cutting thousands of jobs midweek
- Goldman Sachs Group will start cutting thousands of jobs across the firm from Wednesday, two sources familiar with the move said, as it prepares for a tough economic environment.
- 01/08/2023
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Goldman Sachs to cut about 3,200 jobs this week after cost review - Bloomberg News
- Goldman Sachs Group Inc will start its biggest round of job cuts ever, as it locks in on a plan to eliminate about 3,200 positions this week, Bloomberg News reported on Sunday.
- 01/08/2023
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Will the Stock Market Recover in 2023? Here's What Wall Street Thinks.
- Analysts appear to be mildly optimistic overall about the new year.
- 01/07/2023
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Key EPS Themes for January
- Today, we will look at some key earnings reports slated for January. Earnings season can inform investors of industry group health and the health of the economy and stock market.
- 01/05/2023
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Bad News Rife, Markets Down Ahead of Jobs Report
- Low guidance and stubbornly high jobs numbers are a recipe for bearishness.
- 01/05/2023
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The Goldman Sachs Group, Inc. (GS) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to Goldman (GS). This makes it worthwhile to examine what the stock has in store.
- 01/05/2023
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'Dogs Of The Dow' Stocks Just Paid Off; Here Are The Top 10 For 2023
- Owning the "Dogs Of The Dow" stocks paid off in 2022. And they could be even more lucrative this year.
- 01/05/2023
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Goldman Sachs or Berkshire Hathaway: Which Stock is the Better Buy for 2023?
- Berkshire Hathaway (BRK.B) and Goldman Sachs (GS) are two firms that have continued to stick out year after year in terms of growth and have long boasted strong management teams and an eye for the future.
- 01/04/2023
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Goldman's Swati Bhatia Retires as Consumer Banking Leader
- The head of Goldman Sachs' consumer banking business is stepping down. Swati Bhatia, a former PayPal and Stripe executive who joined Goldman in February 2021, is set to retire, according to an internal memo from the bank seen by PYMNTS Wednesday (Jan. 4).
- 01/04/2023
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Jim Cramer predicts these 10 Dow stocks will perform well in 2023
- Cramer gave his predictions for which stocks in the Dow Jones Industrial Average will perform well in 2023.
- 01/03/2023
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Final Trades: Johnson & Johnson, Goldman Sachs, Chubb
- The "Halftime Report" traders give their top picks to watch for the second half.
- 01/03/2023
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Down -7.58% in 4 Weeks, Here's Why Goldman (GS) Looks Ripe for a Turnaround
- The heavy selling pressure might have exhausted for Goldman (GS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
- 01/03/2023
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Here's How 4 Dow Finance Stocks Performed in 2022
- With the Dow Jones being the best-performing index of 2022, let's check out how the financial services stocks in the index - JPMorgan (JPM), Goldman (GS), Visa (V) and American Express (AXP) - fared.
- 01/03/2023
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Goldman Sachs Preferred Dividend Getting On Elevator
- Goldman Sachs has a Series J Preferred that will convert to a floating rate dividend in May. At the current LIBOR rate, the dividend yield would go up nearly 300 basis points.
- 01/02/2023
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Goldman Sachs: Layoff Is No Fiasco
- Goldman Sachs CEO David Solomon looks ready to begin layoffs in January, lightening the bank's expense base to improve its FY23 outlook further. With its bankers' compensation packages skewed heavily toward bonuses, GS could have significant leverage.
- 12/30/2022
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Goldman Sachs executives ‘as riled up' as ever amid mass layoff announcement: Reporter
- Semafor Business and Finance Editor Liz Hoffman joins Yahoo Finance Live to discuss the anxieties surrounding the banking industry as Goldman Sachs announces layoffs in 2023, David Solomon's performance as CEO, and the outlook for executive bonuses.
- 12/29/2022
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Goldman Sachs CEO says layoffs coming in January: report
- Goldman Sachs CEO David Solomon reportedly warned employees that job cuts will begin at the firm in the first few weeks of the year, pointing to the economic slowdown.
- 12/29/2022
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Goldman Sachs CEO David Solomon warns mass layoffs are just weeks away
- Goldman Sachs bankers should enjoy popping the Champagne on New Year's Eve — because the party will be over for many of them in 2023. David Solomon, the investment bank's CEO, warned mass layoffs will begin in the next few weeks in his annual year-end memo to staff.
- 12/29/2022
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Goldman Sachs CEO says jobs cuts are coming next month
- CNBC's Hugh Son joins CNBC's 'Squawk on the Street' to report on Goldman Sachs' job cuts that are coming next month. The firm is expected to lay off about 4,000 employees in the first two weeks of January.
- 12/29/2022
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Goldman Sachs to Cut Jobs Next Month
- Goldman Sachs Group Inc. is working on a fresh round of job cuts that will be unveiled in a matter of weeks, Chief Executive Officer David Solomon said in his traditional year-end message to staff. Bloomberg's Sridhar Natarajan has more on "Bloomberg Markets.
- 12/29/2022
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Goldman Sachs CEO warns the bank will cut up to 8% of workforce in January
- Yahoo Finance Live anchors discuss reports that layoffs will be impacting the banking industry in the first half of 2023.
- 12/29/2022
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Goldman sharpens knife on headcount, bonuses along with other big banks
- Goldman Sachs Group Inc. will cut bonuses by about 40% in the deepest belt-tightening move among the big U.S. banks, The Wall Street Journal reported Thursday.
- 12/29/2022
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Goldman Sachs Won't Comment on Whether Layoffs Coming in January
- Shares of the investment bank are down more than 11% this year.
- 12/29/2022
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Goldman Sachs CEO expects layoffs in first half of January: report
- The CEO of Goldman Sachs Group Inc. expects to cut jobs in early January, according to a report late Wednesday.
- 12/28/2022
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US Banking Giants Score $1T of Profits in a Decade
- Wall Street's banking giants score the first trillion-dollar decade. That's not $1 trillion of total revenue, it's pure profit.
- 12/27/2022
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Goldman Sachs plans to cut thousands of workers. Here are the other major US companies that have made cuts in 2022, from Amazon to Twitter.
- Goldman Sachs has become the latest major company with plans to slash its headcount as business growth slows and costs increase.
- 12/26/2022
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Goldman grumbling grows for banking giant to sack CEO David Solomon
- The knives are out for Goldman Sachs CEO David Solomon, and this time the people brandishing them aren't the usual suspects — his junior staffers annoyed that they have to work late or come into the office several times a week.
- 12/24/2022
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Goldman grumbling grows for banking giant to sack CEO David Solomon
- A revolt in some quarters of Goldman's middle and upper management ranks could determine how much longer he stays in his job.
- 12/23/2022
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This Is My Top Ultra-High-Yield Dividend Stock to Buy Ahead of 2023
- According to analysts, this hospital REIT could soar more than 45% in 2023.
- 12/23/2022
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Goldman Sachs Deepens Banking Partnership With Apple
- Goldman Sachs is expanding its banking partnership with Apple, something other banks have resisted. A Thursday (Dec. 22) report by The Wall Street Journal — citing unnamed sources — says that Apple has spent years asking big banks to let their customers view account balances on the Apple digital wallet.
- 12/22/2022
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Goldman Banking on Apple Partnership in Consumer Push
- The Wall Street firm has pursued a deeper relationship with the iPhone maker while other big banks have resisted.
- 12/22/2022
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Real household disposable income is now growing, says Goldman Sachs' Jan Hatzius
- Jan Hatzius, Goldman Sachs chief economist, joins 'Squawk on the Street'' to discuss what he is looking for from the economy next year and more.
- 12/21/2022
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The Goldman Sachs Group, Inc. (GS) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to Goldman (GS). This makes it worthwhile to examine what the stock has in store.
- 12/21/2022
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Bitcoin or Gold: Which Is the Better Buy?
- Bitcoin might be down 64% for the year, but it's still a better long-term investment than gold.
- 12/21/2022
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Cramer explains why bank stocks performed poorly this year
- Cramer gave his thoughts on why bank stocks are in negative territory for the year.
- 12/20/2022
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Citigroup's Trading Revenue Recovery Is Imminent
- Citigroup's ( C , Financial) CEO Jane Fraser recently spoke at a Goldman Sachs ( GS , Financial) industry conference and claimed that Citigroup's trading revenues could spike by 10% in the bank's fourth fiscal quarter. Although Fraser's claims have yet to materialize, a surge in trading revenue could alter the bank's fortunes after losing nearly 30% of its market value during 2022's bear market.
- 12/20/2022
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The bull case for big banks with RBC Capital Markets' Gerard Cassidy
- RBC Capital Markets' Gerard Cassidy joins 'Closing Bell' to share what's behind his bull case for banks and the scope of his 2023 investment outlook.
- 12/19/2022
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Goldman Sachs (GS) Plans to Cut Thousand Jobs Amid IB Plunge
- Goldman Sachs (GS) plans to cut thousands of jobs as higher interest rates and prospects of a recession are hampering investment banking business performances.
- 12/19/2022
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Solar Edge, First Solar Among 4 Top Solar Stocks For 2023: Goldman Sachs
- Goldman Sachs cited improving margins and execution for First Solar and SolarEdge stocks, as well as the Inflation Reduction Act. The post Solar Edge, First Solar Among 4 Top Solar Stocks For 2023: Goldman Sachs appeared first on Investor's Business Daily.
- 12/19/2022
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Goldman Sachs has plans for deep headcount cuts in the new year
- The banks is planning on reducing its total headcount, which numbers just over 49,000, by 8% in the new year.
- 12/19/2022
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What Does 2023 Have in Store for Growth Stocks, Electric Vehicles, and More?
- It's time to lawyer up!
- 12/17/2022
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Goldman Sachs' Solomon ‘misjudged' architecture of consumer banking business: Reporter
- Semafor Business and Finance Editor Liz Hoffman joins Yahoo Finance Live to explain the direction Goldman Sachs is taking its company toward in 2023, which includes layoffs and budget cuts.
- 12/16/2022
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Financials will be choppy over next few quarters, says JMP's Devin Ryan
- Devin Ryan, JMP Securities senior research analyst, joins 'Closing Bell' to discuss Goldman Sachs laying off up to eight percent of the bank's workers in January.
- 12/16/2022
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GS Stock Alert: What to Know About Goldman Sachs Layoffs
- Shares of Goldman Sachs (NYSE: GS ) closed in the red after it was reported the investment bank plans to lay off 8% of its staff starting in January. This follows a layoff announcement in September that revived the company's tradition of cutting 1% to 5% of lower performing workers.
- 12/16/2022
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Goldman Sachs Layoffs May Reach 4,000 Across Firm
- Goldman Sachs layoffs reportedly may reach as many as 4,000 employees. Reuters reported Friday (Dec.
- 12/16/2022
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Goldman Sachs could execute a sizable job cut in January
- Goldman Sachs Group Inc (NYSE: GS) is in focus this morning after a CNBC report said the Wall Street bank plans on lowering its global headcount by up to 8.0%. More than 3,500 employees could lose job In September, the multinational had already laid off a few hundred.
- 12/16/2022
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Goldman Sachs planning to lay off thousands of employees
- Goldman Sachs is weighing potential layoffs of up to 8% of its workforce in the new year as the economy continues to pose headwinds, a source familiar with the matter said.
- 12/16/2022
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Goldman Sachs Plans to Trim Several Thousand Jobs
- The investment bank plans to lay off several thousand employees, The Wall Street Journal reported.
- 12/16/2022
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Goldman Sachs Plans Thousands of Layoffs, Expects to Eliminate Some Bonuses
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Goldman Sachs laying off up to 8% of its workforce
- Goldman Sachs Group Inc. GS, -1.32% is preparing to reduce its head count by up to 8% by January, according to a source familiar with the investment bank. Based on Goldman's disclosed employee count of 49,100 as Sept.
- 12/16/2022
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Goldman Sachs May Cut 4,000 Jobs or 8% of Workforce
- Goldman Sachs Group Inc. may eliminate as many as 4,000 jobs, or roughly 8% of the workforce, as Chief Executive Officer David Solomon battles to contain a slump in profit and revenue. The bank has been making acquisitions and building up headcount.
- 12/16/2022
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Goldman Sachs plans to cut 8% of employees in January
- CNBC's Hugh Son joins 'Squawk on the Street' to discuss why Goldman Sachs is planning additional labor cuts. The January layoffs will impact every division of the bank.
- 12/16/2022
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Goldman Sachs Reportedly Plans Laying Off Up To 4,000 Employees
- The cuts could affect 8% of Goldman Sachs employees.
- 12/16/2022
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Goldman Sachs to cut up to 8% of its workforce in 2023: Report
- Yahoo Finance Live anchors Brad Smith breaks down reports that Goldman Sachs will cut up to 8% of its workforce in 2023.
- 12/16/2022
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Goldman Sachs to lay off as many as 4,000 employees: report
- Goldman Sachs joined several other firms in plotting layoffs as economic conditions worsen.
- 12/16/2022
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Goldman Sachs to cut 4,000 employees, report
- Goldman Sachs (NYSE:GS) (Goldman Sachs (NYSE:GS)) plans to cut 4,000 employees as the bank struggles to make profitability targets, according to a report today. Faced with missing profitability goals, a vanishing of dealmaking as a result of a downturn in the economy and big bets not paying off, the firm will be looking to make cuts to balance the books.
- 12/16/2022
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Goldman Sachs is planning to cut up to 8% of its employees in January
- The planning is ongoing, and the round could be smaller than that, according to the person, who declined to be identified speaking about personnel decisions.
- 12/16/2022
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Goldman Sachs Set to Cut Up to 4,000 Workers: Semafor
- Goldman Sachs Group Inc. plans to cut as many as 4,000 jobs, Semafor reported. The cuts may amount to up to 8% of the bank's workforce.
- 12/16/2022
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Goldman Sachs may slash bonuses for investment bankers by 40%: report
- If implemented, the cuts would be the steepest since the 2008 financial crisis.
- 12/14/2022
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2 Bank Stocks To Watch In December 2022
- Should investors be watching these top bank stocks today?
- 12/14/2022
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Goldman Sachs Plans to Cut Staff and Marcus Personal Loans
- Goldman Sachs reportedly plans to make cutbacks in its retail banking business. The Financial Times reported Monday (Dec. 12) that the firm is considering cutting hundreds of jobs from the consumer business as well as stopping its offering of personal loans through its retail banking platform, Marcus.
- 12/12/2022
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Goldman Sachs to chop at least 400 jobs in retail banking unit as deals fizzle: report
- Goldman Sachs aims to cut at least a few hundred more jobs, Bloomberg Law reported on Monday, citing people familiar with the matter. The bank is drafting plans that could eliminate at least 400 positions from its loss-making retail banking operations, according to the report.
- 12/12/2022
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Goldman Sachs reportedly plans to cut hundreds more jobs
- Yahoo Finance Live anchors Seana Smith, Pras Subramanian and Jared Blikre discuss layoffs expected at Goldman Sachs.
- 12/12/2022
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Goldman Sachs to stop making unsecured consumer loans - source
- Goldman Sachs Group Inc plans to stop originating unsecured consumer loans, a source familiar with the move told Reuters on Monday, in another sign the bank is stepping back from its consumer business.
- 12/12/2022
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2022 Major Layoffs Grow: Goldman Sachs Cutting Hundreds More Jobs, Report Says
- Forbes is tracking the biggest layoffs in the U.S. this year as companies react to fears of a looming recession.
- 12/12/2022
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Goldman Sachs to Cut at Least 400 More Jobs
- Goldman Sachs Group Inc. aims to cut at least a few hundred more jobs as the Wall Street titan restructures its struggling consumer business and braces for an uncertain economy in the year ahead. This is according to people familiar with the matter.
- 12/12/2022
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3 Potential Copper Beneficiaries
- Copper prices are expected to surge in 2023, with various analysts on Wall Street anticipating a significant supply versus demand arbitrage.
- 12/12/2022
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Goldman Sachs CEO David Solomon to reportedly halve partners' bonus pool
- Goldman Sachs CEO David Solomon seems to have put the firm's esteemed partners on his "naughty list" this year.
- 12/09/2022
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The Goldman Sachs Group, Inc. (GS) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to Goldman (GS). This makes it worthwhile to examine what the stock has in store.
- 12/09/2022
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Saudi Arabia reports its first budget surplus in nearly 10 years on higher oil prices
- The 2022 surplus came to 102 billion riyals ($27 billion), constituting 2.6% of Saudi gross domestic product, the kingdom's finance ministry said.
- 12/08/2022
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Why Goldman Sachs Stock Climbed 12.1% Higher in November
- The investment banking behemoth caught some nice tailwinds last month.
- 12/07/2022
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Bank Stocks Tumble as CEOs Warn of Looming Recession in 2023
- Imminent recession next year leads major banks to take necessary steps to maintain profitability. The development leads to bearish investor sentiments, with bank stocks ending in the red.
- 12/07/2022
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Goldman Sachs warns of cuts amid fears over job review process
- Goldman Sachs CEO David Solomon warned Tuesday that he may need to trim more staff and insiders told The Post he has implemented a new review system this year that's unnerving those who are worried about their jobs.
- 12/06/2022
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The Goldman Sachs Group, Inc. (GS) Presents at Goldman Sachs 2022 US Financial Services Conference
- The Goldman Sachs Group, Inc. (NYSE:GS.PK ) Goldman Sachs 2022 US Financial Services Conference December 6, 2022 7:40 AM ET Company Participants David Solomon - Chairman & Chief Executive Officer, Conference Call Participants David Solomon Good morning, everybody. Welcome. It's good to see everyone here.
- 12/06/2022
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Big banks announce plans to cut back on end-of-year bonuses
- Bonus pools are shrinking at some of the biggest banks this year, including Goldman Sachs, JP Morgan, Citi, and Bank of America.
- 12/02/2022
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Goldman warns of bonus cuts for traders
- Investment banks have seen a plunge in deal making activity this year as choppy markets and aggressive interest rate hikes have forced lenders to pull back from financing large deals.
- 12/02/2022
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Wall Street banks to slash bonuses as much as 30% as slowdown looms: reports
- Premier banks on Wall Street -- Goldman Sachs, JPMorgan, Bank of America and Citi --are weighing cutting their bonus pools by as much as 30%, according to reports.
- 12/02/2022
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Goldman Sachs warns traders of shrinking bonus pool as Wall Street hunkers down
- Wall Street is grappling with sharp declines in revenue after parts of the industry involved in taking companies public and issuing stocks and bonds seized up.
- 12/02/2022
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Goldman Sachs Warns Staff of Lower Bonuses
- Goldman Sachs warns global markets executives that the bonus pool will be slashed by a low double-digit percentage, people familiar said. Sridhar Natarajan has more on "Bloomberg Markets: European Close.
- 12/02/2022
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Banks May Face Significant Challenges, McKinsey Says
- Joydeep Sengupta, senior partner at McKinsey & Co., discusses the state of the global banking industry and its outlook. European banks are poorly positioned for a long recession due to high capital burdens and low interest rates, according to the consulting firm's annual report on the industry.
- 11/30/2022
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Goldman Sachs (GS) to Pay SEC $4M Penalty Over ESG Fund Case
- Goldman Sachs (GS) will pay a $4-million penalty as the SEC's asset-management arm failed to screen investments per required policies.
- 11/23/2022
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Top Dividend Stocks: Morgan Stanley Offers Value And Yield For Investors
- Morgan Stanley wealth management booked strong third-quarter numbers, with moderate revenue growth compared to 2021. The post Top Dividend Stocks: Morgan Stanley Offers Value And Yield For Investors appeared first on Investor's Business Daily.
- 11/23/2022
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SEC charges Goldman Sachs Asset Management with not following ESG investments policies
- The $4 million dollar fine from the SEC was for practices in 2017 and 2018 that left ESG undefined and at the discretion of Financial Advisors in ESG funds
- 11/22/2022
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Goldman Sachs Asset Management fined $4 million to settle SEC charges of lax ESG policies
- Goldman Sachs Asset Management on Tuesday agreed to pay a $4 million fine to the U.S. Securities and Exchange Commission after the agency claimed it failed to uphold Environmental, Social and Governance (ESG) policies in several investment strategies. The asset manager failed to have "any written policies and procedures for ESG research" for one product between April 2017 and June 2018, the SEC said in a statement Tuesday, while also claiming those guidelines weren't consistently followed before February 2020 once they were established.
- 11/22/2022
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Goldman cuts oil forecast on 'lack of clarity' over G-7 Russia oil price cap, China Covid outbreaks
- The investment bank lowered its oil price forecast by $10 to $100 per barrel for the fourth quarter of the year.
- 11/21/2022
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Goldman Sachs CEO David Solomon testifies before Congress
- David Solomon, CEO of Goldman Sachs, delivers his opening testimony in front of the Senate Banking Committee.
- 11/19/2022
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3 Bargain Stocks You Can Buy Today and Hold Forever
- The low price only matters if the underlying company can be rebuilt as needed.
- 11/18/2022
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7 Stocks to Buy as Republicans Recapture the House
- A week after the 2022 midterm elections, the dust has finally settled. While the Democratic party has managed to retain control of the Senate, it is finally confirmed that Republicans have taken back the House of Representatives.
- 11/18/2022
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Goldman (GS) Up 22.6% Since Last Earnings Report: Can It Continue?
- Goldman (GS) reported earnings 30 days ago. What's next for the stock?
- 11/17/2022
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Goldman Sachs Shows Powerful Gains; Here's How This Option Trade Could Net $165 | IBD
- Goldman Sachs may be due for a pause after running over 17% higher last month. Using this iron condor strategy, investors can play a sideways move in the stock.
- 11/16/2022
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Is Goldman Sachs Stock Attractive At The Current Levels?
- Goldman Sachs' stock (NYSE: GS) has lost roughly 3% YTD as compared to the 17% drop in the S&P500 index over the same period.
- 11/16/2022
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Bankers' bonuses seen cratering
- As financial firms underperform last year, bankers' year-end bonuses may drop by as much as 45% from 2021
- 11/15/2022
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Bulls Used This Rallying Bank Stock to Double Their Money
- Subscribers to our Schaeffer's Weekend Trader Alert service scored a 100% profit with our recommended Goldman Sachs Group Inc (NYSE:GS) January 20, 2023 340-strike call in just over one week.
- 11/14/2022
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Capital Wealth Planning founder Kevin Simpson presents his 5-star defensive playbook
- Kevin Simpson, Capital Wealth Planning founder, joins 'Closing Bell: Overtime' to discuss his defensive plays for investors.
- 11/11/2022
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Goldman Sachs CEO says he expects a 'reopening' in capital markets next year
- The initial public offerings market nosedived this year.
- 11/10/2022
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Goldman Sachs CEO says he expects a 'reopening' in capital markets next year
- Cramer spoke with Goldman Sachs CEO David Solomon on Thursday.
- 11/10/2022
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Goldman Sachs just announced its newest partner class. From trading to investment banking, here's the businesses that got the most, and least, love.
- We broke down how different business units are represented in Goldman's new partnership class. From IB to asset management, here's how they stack up.
- 11/10/2022
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Goldman Sachs CEO David Solomon surprises Wall Street with coveted ‘partner' promotions
- It's the sheer number who got named that has surprised insiders, sources said.
- 11/09/2022
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Is Your Bank Safe? A Look At Goldman Sachs
- Goldman Sachs is one of the world's largest banks. We have developed a testing methodology for bank strength.
- 11/04/2022
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Goldman Sachs seeks to impose order on expanding crypto universe with classification system
- Goldman Sachs is making a bid to standardize the way the financial industry talks about, tracks and invests in the burgeoning universe of digital assets.
- 11/03/2022
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Megabank stocks add to gains after Fed hike
- Shares of the U.S.'s largest banks moved higher into positive territory on Wednesday after the U.S. Federal Reserve hiked its key lending rate by 75 basis points as expected.
- 11/02/2022
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Hurry! 7 Pitiful Dow Stocks to Sell Before 2022 Ends.
- When the U.S. Bureau of Economic Analysts posted real gross domestic product ( GDP ) growth of 2.6% on an annualized basis, stocks in the Dow Jones index rallied. Indeed, worries of a recession at this moment have been quashed by this impressive report, leading to strength in most Dow stocks relative to other sector such as tech, for example, of late.
- 11/02/2022
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Bank Stock Conquers Long-Term Trendline
- Goldman Sachs Group Inc (NYSE:GS) stock is showing signs of life.
- 11/02/2022
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Here's where the big U.S. banks stand up and fall down on climate change
- The net-zero emissions commitments from Wall Street's banking giants was a significant step toward holding global warming in check, but in the almost two years since each of the U.S. majors committed to net-zero, their progress remains slow.
- 11/02/2022
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Goldman Sachs expects European natural gas prices to tumble 30% in the coming months
- Goldman Sachs predicts that European natural gas prices would drop by about 30% in the coming months as nations gain a temporary upper hand on supply issues.
- 11/02/2022
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7 Dow Stocks Set to Soar From 52-Week Lows
- Representing some of the biggest names across various industries, the companies listed in the Dow Jones usually facilitate a great starting point for newbie investors. Featuring established track records, Dow stocks typically deliver the goods.
- 11/01/2022
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What If The 2022 Bear Market Is Already Over?
- The question that everybody is asking as the market rallies. It is possible that the bear market is over, despite contradictory information.
- 10/29/2022
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20X Winners Coming From
- Is crypto a “buy” again?
- 10/27/2022
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Goldman Sachs Will Need to Find Another Way to Achieve a Higher Valuation
- Management recently announced the bank is pulling back from its consumer banking efforts.
- 10/27/2022
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This will be the best recession for banks, due to higher rates, says Wells Fargo's Mike Mayo
- Mike Mayo, Wells Fargo senior analyst, joins the 'Halftime Report' to discuss his call for banks after earnings. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis.
- 10/25/2022
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Jim Cramer says these 13 companies' earnings helped drive markets higher
- Big Tech firms like Alphabet, Microsoft and Apple, as well as retail giants like Coca-Cola, are all set to report earnings this week.
- 10/24/2022
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3 Dow Jones Industrial Average Stocks To Watch Today
- Could now be the right time to put these dow jones industrial average stocks on your watchlist?
- 10/24/2022
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The Big Investment Bank Comparison: Goldman Sachs Vs. Morgan Stanley Vs.
- Investment banks reported their third-quarter earnings and the slowing economy combined with rising rates have had significant effects on their earnings. This also pushed valuations lower and dividend yields higher so investors can find good buying opportunities.
- 10/24/2022
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Financial ETFs Up on Upbeat Earnings
- Only five out of six big U.S. banks were able to beat overall in the latest earnings season.
- 10/21/2022
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Goldman Sachs Is Scaling Back Its Consumer Products: Should You Buy the Stock?
- After racking up billions of dollars in losses, Goldman is pivoting its consumer business.
- 10/21/2022
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3 Bank Stocks I'd Buy More of Right Now
- Interest income is higher, trading activity is strong, and these banks delivered impressive numbers in the third quarter.
- 10/20/2022
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Bank stocks post strong week after beating earning estimates
- CNBC's Leslie Picker reports comments from CEOs of the nation's biggest banks regarding the recession.
- 10/19/2022
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Goldman Sachs' return-to-office policy has brought back 65% of its workers to the workplace 5 days a week, said the bank's famously anti-remote work CEO
- Goldman Sachs CEO David Solomon told CNBC it's especially important for young workers in their 20s to get into the office.
- 10/19/2022
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Stock Market Rallies But Fades Off Highs; Goldman Sachs Earnings Report Lifts Financial Stocks
- The stock market ended with nice gains Tuesday as Goldman Sachs continued a string of strong earnings reports in the financial sector. The post Stock Market Rallies But Fades Off Highs; Goldman Sachs Earnings Report Lifts Financial Stocks appeared first on Investor's Business Daily.
- 10/18/2022
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Goldman Sachs Is Dressing For The Bank It Wants To Be
- A realigning of reporting units emphasizes that the firm aims to keep adding deposits and loans, even if it won't be doing it the same way
- 10/18/2022
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Goldman's pivot away from money-losing Marcus shows that disrupting retail banking is hard
- The moment is a humbling one for Solomon, who seized on the possibilities within the nascent consumer business after becoming CEO four years ago.
- 10/18/2022
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Goldman CEO says reasonable chance of U.S. recession in 2023
- The United States may tip into a recession next year, but it is possible that inflation can be tamed without causing too much economic pain, Goldman Sachs Chief Executive Officer David Solomon told Reuters.
- 10/18/2022
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Goldman Sachs CEO sees 'good chance' of US recession in 2023
- The U.S. economy is likely headed for a recession, according to Goldman Sachs CEO David Solomon, who became the latest bank exec to warn of a looming downturn.
- 10/18/2022
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The Goldman Sachs Group, Inc. (GS) Q3 2022 Earnings Call Transcript
- The Goldman Sachs Group, Inc. (NYSE:GS.PK ) Q3 2022 Earnings Conference Call October 18, 2022 9:30 AM ET Company Participants Carey Halio - Head, Investor Relations David Solomon - Chairman and Chief Executive Officer Denis Coleman - Chief Financial Officer Conference Call Participants Glenn Schorr - Evercore ISI Steven Chubak - Wolfe Research Ebrahim Poonawala - Bank of America Christian Bolu - Autonomous Betsy Graseck - Morgan Stanley Michael Mayo - Wells Fargo Securities Brennan Hawken - UBS Devin Ryan - JMP Securities Daniel Fannon - Jefferies Matthew O'Connor - Deutsche Bank Gerard Cassidy - RBC Capital Markets Jeremy Sigee - BNP Paribas Operator Good morning. My name is Katie and I will be your conference facilitator today.
- 10/18/2022
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Will Goldman Sachs' Earnings & Revenue Beats Lift Sector Higher?
- Wall Street giant Goldman Sachs reported better-than-expected third-quarter earnings and revenue Tuesday. The company is reorganizing into three business units.
- 10/18/2022
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Bank earnings are ‘really encouraging,' analyst says
- JMP Securities Director of Financial Technology Research Devin Ryan joins Yahoo Finance Live to discuss bank earnings and the health of the financial sector.
- 10/18/2022
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JPMorgan And Goldman Sachs Shouldn't, But Have, Become Dogs Of The Dow
- Banks typically do not make it to the Dogs of the Dow list. However, this month, JPMorgan and Goldman Sachs are currently the 8th and 10th highest-yielding stocks in the Dow list.
- 10/18/2022
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The 10 Best Dow Jones Stocks to Buy Before the Market Recovers
- On Thursday, Wedbush analyst Dan Ives reiterated his $215 target price for Salesforce (NYSE: CRM ), re-crowning the software firm as the Dow Jones stock with the highest implied upside. For many first-time investors, these target prices are often irresistible.
- 10/18/2022
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Here's what Goldman Sachs CEO said on Q3 results and restructuring
- Goldman Sachs Group Inc (NYSE: GS) is trading up this morning after the bank reported market-beating results for its fiscal third quarter.
- 10/18/2022
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Goldman says ex banker's $23 mln whistleblower claim 'lamentable'
- A former Goldman Sachs banker and self-proclaimed whistleblower is suing his former employer for more than 20 million pounds ($23 million) for unfair dismissal in a London claim the Wall Street bank has labelled "cynical" and "lamentable".
- 10/18/2022
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Goldman Sachs CEO David Solomon: 65% of workforce back in office 5 days a week
- "I'd like to get back to the culture we had before -- people come to work, do their work, live their lives, and have the flexibility to manage," David Solomon said on CNBC.
- 10/18/2022
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Goldman (GS) Q3 Earnings Top Estimates, IB Revenues Slump Y/Y
- Goldman's (GS) Q3 earnings gain from higher revenues in the Global Markets, and the Consumer and Wealth Management segments. Lower Asset Management and IB revenues have been spoilsports.
- 10/18/2022
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Goldman Sachs CEO David Solomon sees ‘good chance' of recession as bank revamps
- “I think it's a time to be cautious," Solomon told CNBC.
- 10/18/2022
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Restructuring Plans, Quarterly Win Boost Bank Stock
- Goldman Sachs Group Inc (NYSE:GS) stepped into the earnings confessional today to report better-than-expected third-quarter earnings of $8.25 per share and a revenue win.
- 10/18/2022
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Goldman CEO Becomes Latest Bank Head With Gloomy Recession Prediction
- “Something worse” than a mild recession may be on the horizon and the checking accounts of Americans “will deplete probably by sometime mid year next year,” JPMorgan Chase CEO Jamie Dimon warns.
- 10/18/2022
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Goldman Sachs (GS) Surpasses Q3 Earnings and Revenue Estimates
- Goldman (GS) delivered earnings and revenue surprises of 10.44% and 6.37%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 10/18/2022
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Goldman Sachs beats 3rd-quarter estimates on strong trading while CEO confirms reorganization
- Fixed income trading jumped 41% to $3.53 billion, but stock trading slipped 14% to $2.68 billion. Both figures also topped Wall Street estimates.
- 10/18/2022
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DCLA's Sarat Sethi weighs in on earnings for J&J and expectations for Goldman Sachs
- Sarat Sethi, DCLA portfolio manager, joins 'Squawk Box' to discuss earnings season for Johnson and Johnson and Goldman Sachs.
- 10/18/2022
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Goldman beats lowered earnings target and unveils plan to reorganize under three business units
- Goldman Sachs Group Inc. shares rose Tuesday as it beat lowered profit expectations for the third quarter, while confirming plans to reorganize into three business units in a move to emphasize its fee income.
- 10/18/2022
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Goldman Sachs overhauls banking and trading units
- Goldman Sachs announced a major reorganization Tuesday as the Wall Street powerhouse grapples with market volatility.
- 10/18/2022
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Goldman Sachs names new leadership trio
- Goldman Sachs outlined its leadership team for its new core business units on Tuesday as the Wall Street giant undertakes its biggest overhaul since 2020.
- 10/18/2022
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Goldman Sachs Smashes Earnings Estimates. Are Bank Boom Times Back?
- Earnings season is back, and so far the banks look set to be the winners.
- 10/18/2022
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Goldman Sachs Profit Falls 43%
- The bank also confirmed a broad reshuffling in how it is organized, one of the biggest overhauls in the firm's history
- 10/18/2022
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All 30 Dow stocks rally, led by Goldman and Salesforce stocks
- The Dow Jones Industrial Average DJIA, +1.86% is headed for another big rally, with all 30 components trading higher in the premarket. The biggest gainers ahead of the open were shares of Goldman Sachs Group Inc. GS, +2.24% , which climbed 2.9% after reported better-than-expected third-quarter results, and of Salesforce Inc. CRM, +3.49% , which also rallied 2.9%.
- 10/18/2022
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Goldman shares jump after topping analysts' expectations on strong bond-trading results
- Goldman Sachs posted third-quarter results Tuesday that topped analysts' expectations for profit and revenue on better-than-expected trading results.
- 10/18/2022
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Goldman profit falls 44% but beats target; bank confirms reorganization plan
- Goldman Sachs Group Inc. GS, +2.24% shares rose 2% in pre-market trades on Tuesday after the bank topped its third-quarter earnings and revenue targets and confirmed a reorganization plan. Goldman Sachs reported a drop in third-quarter net income to $2.96 billion, or $8.25 a share, from $5.28 billion, or $14.93 a share, in the year-ago quarter.
- 10/18/2022
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Goldman Sachs is set to report third-quarter earnings — here's what the Street expects
- Goldman's traders tends to outperform other banks during periods of high volatility, which could help the firm in the third quarter.
- 10/18/2022
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Goldman to merge investment banking, trading as Marcus takes backseat
- Goldman Sachs Group Inc is expected to announce a major reorganization of its business lines on Tuesday, combining its trading and investment-banking divisions while likely sidelining its loss-making consumer unit.
- 10/18/2022
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Jim Cramer says bank stocks could be the new market leaders
- "The banks could never pull it off because the Fed kept rates so low that it was hard for them to make money. Now that's over," he said.
- 10/17/2022
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Earnings Preview: What To Expect From Goldman Sachs On Tuesday
- Goldman Sachs Group Inc. is scheduled to report earnings before Tuesday's open. Here's a closer look.
- 10/17/2022
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Goldman CEO David Solomon's latest remix breaks up the bank's struggling consumer finance business
- Goldman Sachs CEO David Solomon is planning his third major corporate reorganization since assuming control of the bank in late 2018.
- 10/17/2022
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The stock market is still too expensive even after its 25% decline, but there are bargains to be had in small caps, Goldman Sachs says
- "The earnings yield gap - a common proxy for the equity risk premium - trades close to the tightest levels in 15 years," Goldman Sachs said.
- 10/17/2022
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U.S. banks already provisioned for looming recession, analyst says
- John Heagerty, partner at Atlantic Equities, discusses U.S. bank earnings and how the lenders are preparing for a worsening outlook for the U.S. economy
- 10/17/2022
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Goldman's Latest Overhaul Shakes Up Leadership Ranks
- Goldman Sachs Group Inc. plans to combine its expanded asset management and private wealth businesses into one unit as CEO David Solomon embarks on his third major reorganization in just four years. Sridhar Natarajan reports on Bloomberg Television.
- 10/17/2022
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Apple and Goldman Sachs partner to offer high-yield savings accounts
- Apple and Goldman Sachs teamed up to offer Apple's credit card customers high-yield savings accounts.
- 10/17/2022
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Goldman Sachs to Merge Businesses Into Three Units in Major Reshuffle: Report
- Goldman Sachs will combine its investment banking and trading businesses into one unit, and merge asset and wealth management into another, The Wall Street Journal reports.
- 10/17/2022
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Goldman Sachs to restructure businesses, combining investment banking and trading: report
- Goldman Sachs is planning to restructure its biggest businesses into three divisions, which include combining investment banking and trading businesses into one unit.
- 10/17/2022
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Goldman Sachs plans to combine investment banking and trading arms - report
- Goldman Sachs (NYSE:GS) is planning a major reorganization which will see its investment banking and trading arms combined, while its consumer banking will be absorbed by its wealth unit, the Wall Street Journal reported on Sunday. The plans, which are expected to be announced within days, will see Goldman restructure its biggest businesses into three divisions, the WSJ reported, citing people familiar with the matter, as CEO David Solomon seeks to cut the bank's reliance on volatile trading and investment banking revenues by boosting its fee-based businesses and by shifting focus to its consumer banking unit Marcus.
- 10/17/2022
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Goldman to combine investment banking and trading as part of major overhaul - WSJ
- Goldman Sachs Group Inc plans to restructure its biggest businesses into three divisions, the Wall Street Journal reported on Sunday, citing people familiar with the matter.
- 10/16/2022
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Goldman Sachs to combine investment-banking and trading businesses in sweeping reorganization
- Goldman Sachs Group Inc. plans to fold its biggest businesses into three divisions, undertaking one of biggest reshuffles in the Wall Street firm's history.
- 10/16/2022
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Goldman Plans Sweeping Reorganization
- Goldman Sachs Group Inc. plans to fold its biggest businesses into three divisions, undertaking one of biggest reshuffles in the Wall Street firm's history.
- 10/16/2022
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Apple Partners with Goldman Sachs to Offer High-Yield Savings Account
- Apple has inked a partnership with banking giant Goldman Sachs to offer savings accounts for its Apple Card credit cardholders.
- 10/14/2022
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Banks look prudent on the reserve side, says CFRA Research's Ken Leon
- CFRA Research's Ken Leon joins 'Squawk on the Street' to discuss bank earnings, persistent tightening on lending conditions, and where to buy and sell in the banking sector.
- 10/14/2022
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Expect financial stocks to begin to look attractive, says SoFi's Liz Young
- Liz Young, SoFi head of investment strategy, joins 'Closing Bell: Overtime' to discuss the stock surge on hot inflation data.
- 10/13/2022
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Dow's rally is unanimous, with Goldman and McDonald's stocks providing the biggest point boosts
- The Dow Jones Industrial Average's DJIA, +2.78% big rally Thursday is unanimous, as the stocks of all 30 of the blue chip barometer's components gained ground. The biggest percentage gainers were shares of Walgreens Boots Alliance Inc. WBA, +6.20% , which ran up 5.8% after the drug store and healthcare services company reported better-than-expected earnings, and J.P.
- 10/13/2022
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Apple, Goldman Sachs introduce interest-bearing savings accounts as rates rise
- Apple continues to expand its consumer financial services offerings as it tries to broaden the ways iPhones can be used.
- 10/13/2022
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Apple partners with Goldman Sachs to introduce high-yield savings accounts for Apple Card holders
- Apple is taking a big step towards offering more banking services to its customers.
- 10/13/2022
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Apple, Goldman Sachs to Offer High-Yield Savings Accounts
- Users of Apple's credit card would be able manage the accounts directly in an iPhone's wallet app.
- 10/13/2022
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Bank stocks swing to broad losses after inflation data
- The financial sector reversed course to trade broadly lower Thursday, along with the broader stock market, after data showed that consumer inflation rose more than expected in September. The SPDR Financial Select Sector ETF XLF, -0.23% sank 1.8% in premarket trading, after being up about 1.3% just before the inflation data was released, as futures ES00, -1.77% for the S&P 500 SPX, -0.33% swung to a loss of 1.8% from a gain of 1.1%.
- 10/13/2022
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RBC Capital's Gerard Cassidy breaks down what to expect from big bank earnings
- Gerard Cassidy, RBC Capital Markets head of U.S. bank equity strategy, joins CNBC's 'Squawk Box' to break down his expectations for a round of forthcoming bank earnings on Friday.
- 10/13/2022
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Bank earnings will be a rocky ride, says Morgan Stanley's Betsy Graseck
- Betsy Graseck, joins 'Closing Bell' to discuss market pressure in fees, expenses, and credit quality, consumer finance pricing in credit risk, and top picks for bank stocks.
- 10/12/2022
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Q3 Earnings Season Starts With The Banks: What Investors Need To Know Before Friday
- The banks are set to kick off what will be a closely-watched third-quarter earnings season when they report financial results this coming Friday.
- 10/12/2022
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Why Goldman's Marcus May Have Missed the Mark
- The best-laid plans, wrote the poet Robert Burns, oft go astray. We're paraphrasing here, of course.
- 10/10/2022
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I expect a weak quarter for the big banks, says Atlas Merchant Capital CEO Bob Diamond
- Bob Diamond, Atlas Merchant Capital CEO and former CEO of Barclays, joins CNBC's 'Squawk Box' to discuss his outlook for big bank earnings.
- 10/10/2022
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McGhee: Bank earnings are key because they offer insight into the health of the consumer
- Tiffany McGhee of Pivotal Advisors says the direction of core CPI will likely dictate the direction of stocks, and discusses why a mega cap tech name like Salesforce should be on investors' shopping list.
- 10/10/2022
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Big banks are 'not budging their savings rates at all': Analyst
- This segment originally aired on October 5, 2022. Bankrate Senior Industry Analyst Ted Rossman assesses the savings rate environment being offered by banks, interest rates, and how inflation is affecting consumer spending.
- 10/09/2022
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2 Cheap Bank Stocks to Buy Now and Never Sell
- These two blue-chip banks are trading at low valuations, with plenty of long-term upside.
- 10/08/2022
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Buy Goldman Sachs stock now for a 45% return: Analyst
- Goldman Sachs Group Inc (NYSE: GS) has been in a downtrend over the past two months but a KBW analyst says the next twelve months will likely look very different.
- 10/07/2022
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KBW upgrades Goldman Sachs
- The "Halftime Report" traders debate the biggest analyst calls of the day
- 10/07/2022
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Will Goldman (GS) Beat Estimates Again in Its Next Earnings Report?
- Goldman (GS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 10/06/2022
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Goldman Sachs Stock Slips After Bear Notes
- As part of a broader bear note against bank stocks due to lower investment activity, Atlantic Equities downgraded Goldman Sachs Group Inc (NYSE:GS) to "underweight" from "neutral," with a price-target cut to $290 from $330.
- 10/05/2022
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Goldman Sachs Stock Boasts Scary Good Seasonality in October
- Blue-chip bank giant Goldman Sachs Group Inc (NYSE:GS) is off to a promising start this month, last seen up 2.2% at $299.48, as the market tries to brush off some of the pain felt by Wall Street in September.
- 10/03/2022
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Analyst sees no contagion to U.S. banks as Credit Suisse confronts challenges
- Citigroup Inc. analyst Keith Horowitz says jitters about systemic risks posed by Swiss banking giant Credit Suisse appear to be overblown.
- 10/03/2022
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Fed enlists six major banks for climate risk analysis
- The Federal Reserve Board announced Thursday that it will conduct a climate risk analysis involving six of the largest U.S. banks beginning next year.
- 09/29/2022
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Wall Street banks fined $1.8 billion for private texting about trades
- Yahoo Finance's Alexandra Semenova joins the Live show to discuss U.S. regulators announcing $1.8 billion in penalties for Wall Street banks.
- 09/29/2022
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Wall Street titans to join Nov 2 summit in Hong Kong as COVID rules relaxed
- The heads of some of the world's top banks and asset managers will attend an investment summit in Hong Kong on Nov. 2, the city's financial regulator said on Thursday, signalling a re-opening of the financial hub after strict pandemic-linked curbs.
- 09/28/2022
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Goldman Sachs's Struggles; Low Risk Option Strategy Could Turn $750 Profit | IBD
- Dow Jones stock Goldman Sachs is finding resistance at its 50-day moving average. With this neutral to bearish option play, investors could look to gain from a move lower.
- 09/28/2022
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3 Undervalued Bank Stocks to Buy Now
- Wall Street has not been kind to most financial stocks so far in 2022. Despite the potential for bank earnings to increase due to rising interest rates, worries over a global recession have weighed on many bank shares.
- 09/28/2022
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Goldman Sachs Stock Today: How This Option Trade Could Turn A $750 Profit
- Options traders can create income by employing a calendar spread strategy. So in today's example, we'll look at designing this trade in Goldman Sachs stock.
- 09/28/2022
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Fed official suggests easing of big-bank merger rules as competition from fintech increases
- The U.S. Federal Reserve Board should consider relaxing bank-merger guidelines focused on branch concentration, last updated in 1995, to account for competition from financial technology companies, Michelle Bowman, a governor at the Federal Reserve Board, said Wednesday.
- 09/28/2022
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Barclays and other banks hit with fines for using WhatsApp and not keeping records
- Barclays PLC (LSE:BARC), Goldman Sachs (NYSE:GS) and Credit Suisse were among a host of companies fined by the US regulator for traders' use of their phones for work communication, and not properly maintaining and preserving electronic communications. Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C), Morgan Stanley (NYSE:MS) and UBS were among the others fined by the regulator for a combined total of US$1.1bn.
- 09/28/2022
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SEC, CFTC Fine Wall Street Banks for Record-Keeping Failures
- The Wall Street banks like BCS, BAC, GS & MS face penalties from the SEC and the CFTC for violating record-keeping laws. In a similar case, JPM was fined in December 2021.
- 09/28/2022
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7 Blue-Chip Sleeper Stocks to Buy Before Wall Street Wakes Up
- It may not occur to investors to look for blue-chip sleeper stocks, since they don't often think of blue-chips as “sleepers.” In tough times, seasoned investors seek comfort in the stability and safety that well-established robust companies can offer.
- 09/28/2022
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Goldman Sachs and 15 Financial Firms Pay $1.1B to Settle SEC WhatsApp Probe
- Goldman Sachs, Citigroup and other financial giants have agreed to pay regulators $1.1 billion in penalties for not monitoring employees using unauthorized messaging apps, according to a press release from the Securities and Exchange Commission (SEC) on Tuesday (Sept. 27).
- 09/27/2022
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Stocks moving after hours: Big Bank stocks, Meta, MindMed
- Yahoo Finance's Seana Smith breaks down major stock moves after the closing bell.
- 09/27/2022
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Banks to Pay $1.1 Billion to Settle WhatsApp Probe
- Banking giants including Goldman Sachs and Citigroup agreed to pay regulators $1.1 billion in penalties for failing to monitor employees using unauthorized messaging apps. Sri Natarajan has more on "Bloomberg Markets: The Close.
- 09/27/2022
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Big banks to pay more than $1 billion for ‘widespread and longstanding failures' in keeping text-message records
- More than a dozen financial institutions agreed to pay more than $1 billion collectively for failing to properly collect employees' text messages for their records, the Securities and Exchange Commission announced Tuesday.
- 09/27/2022
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7 Dow Stocks to Buy to Tap Into a Hidden Bull Market
- It's a bear market, and virtually all stocks are trending downward. But some are holding up better than others, and the Dow Jones Industrial Index stocks are one of the stronger groups.
- 09/27/2022
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Goldman Sachs readies $300 million in M&A deals with fresh pool of private capital
- Goldman Sachs Group Inc. said Tuesday it raised $9.7 billion in commitments for its private-equity fund West Street Capital Partners VIII LP, its largest buyout fund since 2007.
- 09/27/2022
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Regulators to Announce Settlement in Whatsapp Probe
- The SEC and the CFTC are preparing to disclose the results of the investigation as soon as Wednesday that could see them extracting total fines of around $2 billion, according to a person with knowledge of the matter as well a review of disclosures made by the world's largest banks. Sonali Basak has more on "Bloomberg Markets.
- 09/27/2022
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Here's How 4 Dow Finance Stocks are Holding Up in Bear Market
- As the Dow slips into the bear market on recession fear, let's see how the financial services stocks in the index - JPMorgan (JPM), Goldman (GS), Visa (V) and American Express (AXP) - have performed so far this year.
- 09/27/2022
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Goldman Sachs: Be Very Careful
- A discounted valuation model indicates trouble. Although Goldman's undervalued relative to its justified price-to-book, questions need to be asked about its residual's sustainability.
- 09/26/2022
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Goldman Sachs begins layoffs, targeting mid-level bankers: report
- Last week the investment bank laid off nearly a dozen bankers in the technology, media and telecommunications division alone, according to an Insider report. Consumer retail, healthcare, and industrials divisions have also been hit by layoffs, the report adds.
- 09/26/2022
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Goldman Sachs: First And Fast As Always
- Goldman Sachs is not the most popular bank, but arguably the best managed. Responding to the dire global economic outlook, GS management is moving first and fast.
- 09/26/2022
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Banks Could Get Nudged Out of Leveraged Lending
- The trouble with a recent deal for buyout debt could be an even bigger worry if more of that type of lending shifts away from banks.
- 09/26/2022
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Goldman Sachs: Recession Fears Mostly Priced In
- GS has pulled back markedly from its summer rally, rushing toward its June bottom. We believe the market has likely priced in a recession in June for GS. Therefore, we view the recent pullback as constructive for investors to layer in.
- 09/25/2022
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Goldman Sachs insiders are concerned about CEO David Solomon's push to build his personal brand
- Goldman Sachs insiders are baffled by the amount of focus CEO David Solomon puts into his hobby and his use of private jets to promote his DJ work.
- 09/25/2022
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Here's My Top Value Stock to Buy Right Now
- It is hard to ignore the current attractive valuation of this great company's stock.
- 09/25/2022
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Goldman Sachs: A Buy At Tangible Book Value
- Goldman Sachs has pulled back roughly 30% off its 52-week highs. In doing so, it has now fallen back to 1.0x price-to-tangible book value.
- 09/24/2022
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Why Shares of Mastercard, Citigroup, and Goldman Sachs Edged Lower Today
- Stocks continued to fall in the wake of the Federal Reserve's September meeting earlier this week.
- 09/23/2022
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Economic concerns ‘play through' financial stocks, analyst explains
- JMP Securities Director of Financial Technology Research Devin Ryan joins Yahoo Finance Live anchors Julie Hyman and Brad Smith to discuss global interest rate action among Central Banks, a hawkish Fed, market swings, and economic uncertainty.
- 09/23/2022
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Citrix debt deal prices with large losses for banks
- Investment banks including Bank of America Corp., Credit Suisse Group AG and Goldman Sachs Group Inc. are on track to collectively lose more than $500 million on debt backing the largest U.S. leveraged buyout of the year after it was sold to investors at a steep discount.
- 09/23/2022
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Goldman Sachs drops COVID vaccine requirement in NYC office
- Yahoo Finance's Anjalee Khemlani joins the Live show to discuss Goldman Sachs lifting its COVID vaccine requirement for its NYC employees.
- 09/22/2022
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New Street Advisors' Delano Saporu discusses finding opportunities amid rising interest rates
- New Street Advisors founder and CEO Delano Saporu joins ‘The Exchange' to discuss the opportunities investors should seek in the current inflationary environment.
- 09/21/2022
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Big Bank CEOs in the Hot Seat This Week
- Executives from Wells Fargo, Citigroup, JPMorgan, Bank of America and others are set to face congress this week on consumer and social issues. SUBSCRIBE | http://t.st/TheStreetTV MORE VIDEOS: https://www.thestreet.com/video ACTION ALERTS PLUS | https://www.thestreet.com/signup/action-alerts-plus-video REAL MONEY PRO | https://www.thestreet.com/signup/real-money-video LINKEDIN | http://linkedin.com/company/theStreet FACEBOOK | https://www.facebook.com/TheStreet/ TWITTER | http://twitter.com/thestreet INSTAGRAM | https://www.instagram.com/thestreet/?hl=en #Investing #ceos #banking
- 09/20/2022
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Goldman Sachs Expands Transaction Banking to EU
- Goldman Sachs is bringing Transaction Banking (TxB) to Frankfurt, Germany, before heading to Amsterdam, as the U.S. banker expands into the European Union with its global transaction banking platform. According to a Tuesday (Sept.
- 09/20/2022
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Goldman Sachs is going through a massive transformation under CEO David Solomon
- Insider has complied a list of everything you need to know about the Wall Street bank's return-to-office policies, power players, Marcus, and more.
- 09/19/2022
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JPMorgan and Goldman are still top dogs in investment banking but business shrinks significantly in 2022
- JPMorgan Chase & Co. and Goldman Sachs Group Inc. held on to their one-two rankings in investment banking revenue in 2022 while Bank of America Corp. pushed its way into the third slot in a year of shrinking business, according to Dealogic.
- 09/19/2022
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Goldman Sachs' Fink: Private money 'critical' to financing long-term energy transition
- Wolfgang Fink, CEO of Goldman Sachs Germany, discusses the need for Germany to develop a framework allowing the public and private sector to work together with the purpose of financing the country's long-term energy independence.
- 09/19/2022
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There are a lot of places for investors to hide, says Jim Cramer
- 'Mad Money' host Jim Cramer joins 'Squawk Box' ahead of the market open on Monday to discuss potential investing strategies and more.
- 09/19/2022
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Goldman faces consumer bank inquiry from the U.S. Federal Reserve: Bloomberg
- The U.S. Federal Reserve is reviewing Goldman Sachs Group Inc.'s GS, -1.63% consumer-banking business, according to a report Friday by Bloomberg. Citing people familiar with the central bank, Bloomberg reported that the central bank has been questioning Goldman management for several weeks about the business.
- 09/16/2022
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Report: Federal Reserve Reviews Goldman's Retail Unit, Marcus
- The Federal Reserve is reportedly reviewing the operation of Goldman Sachs Group's retail online banking platform, Marcus, asking questions of Goldman managers in a weeks-long process. The process is not indicative of wrongdoing, but it goes beyond the regulator's usual oversight, Bloomberg reported Friday (Sept.
- 09/16/2022
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Fed reviews Goldman Sachs' Marcus unit, Apple & Amazon pass on LIV Golf media rights
- Yahoo Finance anchor Julie Hyman reports the latest business headlines including the Federal Reserve launching a review into Goldman Sachs' Marcus unit; Bytedance buying back $3 billion in shares amid stalling of its IPO plan; Amazon and Apple passing on media rights for LIV Golf; and Parler restructuring and buying a cloud-services provider.
- 09/16/2022
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Goldman Sachs' money-losing consumer unit facing Fed scrutiny: report
- Internal projections at the bank show its consumer unit, Marcus, will record losses of more than $1.2 billion this year.
- 09/16/2022
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Fed Reviewing Goldman's Marcus Consumer Unit
- Federal Reserve officials have been looking into Goldman Sachs Group's online-banking platform aimed at retail customers, according to people with knowledge of the matter. Sridhar Natarajan has more on "Bloomberg Surveillance.
- 09/16/2022
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3 Banks Worth Considering For Q4
- Could bank stocks be about to turn around and head north for the last quarter of the year? Let's take a look at three of them that are worth considering.
- 09/16/2022
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Goldman Sachs on Global M&A Outlook
- Goldman Sachs Global Head of M&A Stephan Feldgoise and Bloomberg's Ed Hammond join Emily Chang for a discussion on the M&A landscape after this year's slowdown, and what activity we can expect in the tech sector. -------- Like this video?
- 09/14/2022
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Banks Provide Grim Q3 Fee Income View, Rising Rates to Aid
- Banks including JPM, GS, BAC, C & WFC give a gloomy Q3 fee income guidance as the operating backdrop turns challenging. However, rising interest rates offer some support to banks' top line.
- 09/14/2022
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Dearth of Dealmaking Leads to Layoffs
- The dearth of dealmaking at major banks is leading to layoffs, with Goldman Sachs planning to cut hundreds of jobs this month.
- 09/14/2022
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More Cracks Are Emerging in Goldman Sachs' Consumer Banking Division. Should Investors Be Worried?
- Credit card loss rates are ticking higher at Goldman.
- 09/14/2022
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Tech investors ‘want visibility' into economy, Goldman Sachs managing director says
- This segment originally aired on September 13, 2022. Goldman Sachs' Eric Sheridan sits down with Yahoo Finance's Brian Sozzi to discuss the outlook for markets, plus where Peloton is in its turnaround plan.
- 09/13/2022
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Bank stocks tumble after data shows inflation roaring back in August, sending bond yields higher
- Bank stocks fell sharply Tuesday as worse-than-expected inflation data sparked a spike in Treasury yields and a drop in stock prices, while clouding the outlook for big financial institutions that hold bonds.
- 09/13/2022
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Goldman Sachs to slash jobs as profits drop
- Goldman Sachs (NYSE:GS) is launching its biggest round of job cuts since the onset of the pandemic. Several hundred jobs reportedly will be axed by the Wall Street titan starting this month.
- 09/13/2022
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Goldman Sachs plans layoffs amid deal-making slowdown
- The New York Times' Lauren Hirsch and CNBC's Leslie Picker join CNBC's 'Squawk Box' to discuss Wall Street's plans to layoff employees amid a slowdown in deal-making.
- 09/13/2022
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The US is bracing for railroad strikes - but markets shouldn't see that as a 'black swan' event, Goldman Sachs' chief economist says
- "The labor market is extremely tight
- 09/13/2022
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Goldman Sachs investment bankers brace for heavy cuts as the firm gets set to wield the axe through its competitive assessment initiative.
- The Wall Street firm's investment-banking unit could see big job cuts as dealmaking has slumped. Goldman could shed "several hundred roles" this month.
- 09/13/2022
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U.S. Banks Lost a Record $370 Billion in Deposits Last Quarter
- The outflows will fuel a debate about how the Fed's inflation-calming moves are going to play out in the banking system.
- 09/13/2022
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Goldman Sachs to cut workforce due to a 23% YoY revenue drop
- The global macro trends are piling on worries onto businesses across the globe; with the increased hiring spree post-Covid, it
- 09/13/2022
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The Goldman Sachs Group, Inc. (GS) Management presents at Barclays Global Financial Services Conference (Transcript)
- The Goldman Sachs Group, Inc. (NYSE:GS.PK ) Barclays Global Financial Services Conference September 12, 2022 10:30 AM ET Company Participants Julian Salisbury - Global Co Head of Goldman Sachs Asset Management Conference Call Participants Unidentified Company Representative Hi, we're at 10:30. So we're going to continue.
- 09/12/2022
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Goldman Sachs plans to cut hundreds of jobs
- Goldman Sachs Group Inc. GS, +0.46% is preparing to lay off hundreds of staffers as soon as next week.
- 09/12/2022
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Final Trades: Uber, Illumina, Goldman Sachs & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 09/12/2022
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Goldman Sachs to kick off Wall Street layoff season with hundreds of job cuts this month
- The bank is reinstating a tradition of annual employee culls targeting between 1% and 5% of lower performers in positions across the firm.
- 09/12/2022
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Goldman Sachs preparing layoffs across all departments as soon as next week: report
- Goldman Sachs is preparing to make its first round of layoffs since the outbreak of the pandemic, according to a report. The Wall Street banking behemoth is expected to slash jobs across all departments as soon as next week, the New York Times reported Monday.
- 09/12/2022
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Goldman's Apple Card faces mounting credit losses
- CNBC's Hugh Son joins 'TechCheck' to discuss Goldman Sachs' charge-off rate for the Apple Card, a trend of weak credit scores among its customer base, and vulnerability brought on by credit losses.
- 09/12/2022
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Goldman Sachs to Cut Several Hundred Jobs
- Goldman Sachs Group Inc. is embarking on its biggest round of jobs cuts since the start of the pandemic. Several hundred positions will be eliminated starting this month.
- 09/12/2022
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An In-Depth Valuation of Goldman Sachs
- Goldman Sachs ( GS , Financial) has seen its stock struggle lately due to the prospects of a deep recession in the U.S. Investors seem divided on the stock as certain market participants expect a sharp rebound in a rising interest rate environment. However, on the other side of the spectrum is a group of investors anticipating further declines of the bank's stock price due to economic weakness.
- 09/12/2022
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Goldman Sachs Stock Brushes Off Steep Price-Target Cut
- Goldman Sachs Group Inc (NYSE:GS) is brushing off a steep price-target cut from Deutsche Bank to $370 from $430, last seen up 0.9% to trade at $343.44.
- 09/12/2022
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Goldman's Apple Card business shows a surprising subprime problem
- The weakest American borrowers are starting to miss payments and default on their loans, and that's showing up in Goldman's Apple Card business. CNBC.com's Hugh Son joins 'Squawk Box' with the details.
- 09/12/2022
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Goldman's Apple Card business has a surprising subprime problem
- Goldman's consumer business has had a bumpy ride as of late, marked by mounting losses, leadership turnover and missed product deadlines.
- 09/12/2022
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7 S&P 500 Stocks to Buy With Superior Fundamentals
- Starting the session following Labor Day weekend in the red, it's clear that even so-called S&P 500 stocks to buy are feeling the heat. Toward the end of August, Federal Reserve chair Jerome Powell presented a less-than-encouraging picture for future monetary policy.
- 09/08/2022
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Goldman Sachs Option Trade Offers Potential 15% Return For Neutral To Bullish Traders
- Selling this spread would generate roughly $65 in premium, which would be a 15% return in around six weeks. The post Goldman Sachs Option Trade Offers Potential 15% Return For Neutral To Bullish Traders appeared first on Investor's Business Daily.
- 09/08/2022
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U.S. bank profits climb 7.8% on higher interest income - FDIC
- U.S. banks reported $64.4 billion in profits in the second quarter of 2022, as higher net interest income offset growing reserves to guard against loan losses, the Federal Deposit Insurance Corporation said Thursday.
- 09/08/2022
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5 Dow Jones Industrial Average Stocks To Watch In September 2022
- Here are five Dow Jones Industrial Average stocks to check out right now.
- 09/06/2022
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Goldman draws two downgrades amid investment banking jitters after share price gains
- Goldman Sachs Group Inc. drew two separate analyst downgrades on Tuesday as Wall Street pushed back against a summertime rally in its stock price.
- 09/06/2022
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6 Safe Stocks to Buy in September 2022
- There's no doubt investors are quickly shifting for anything safe these days. We can characterize that fear in many ways, but broadly speaking, a strong barometer is the Fear and Greed Index.
- 09/06/2022
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Goldman Sachs promotes Jacqueline Arthur to lead human resources
- Goldman Sachs Group Inc on Tuesday appointed Jacqueline Arthur, a 15-year veteran of the bank, to run human resources starting Jan. 1, the company told Reuters exclusively.
- 09/06/2022
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Odeon analyst Richard Bove cuts Goldman, Morgan Stanley to sell on investment banking woes
- Odeon Capital Group analyst Richard Bove on Monday said weak investment banking revenue is hanging over big banks as he cut his ratings for Goldman Sachs Group Inc. GS, -0.61% and Morgan Stanley MS, +0.27% to sell from hold. He also reduced his rating on Citigroup Inc. C, +0.18% to hold from buy.
- 09/06/2022
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Bitcoin's 5-year returns dwarf major banking stocks' ROI by over 500% despite crypto winter
- Bitcoin's (BTC) volatility continues to stand out in 2022, with the cryptocurrency recording significant sell-offs while attempting to navigate the
- 09/06/2022
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Judgment Day on Wall Street: Banks pressure workers to return full time as summer recedes
- Judgment Day has arrived over whether workers at the major Wall Street firms will heed edicts to return to the office five days a week after the Labor Day weekend.
- 09/05/2022
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2 Dirt Cheap Capital Markets Stocks You Can Buy and Hold for the Next Decade
- These value stocks can be an excellent addition for conservative investors.
- 09/02/2022
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This Wall Street Bank Is Learning That Building a Fintech Is Harder Than It Looks
- Fintech companies have proven difficult to run profitably.
- 09/01/2022
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Goldman Sachs set to update office COVID protocols after Labor Day
- Goldman Sachs executives will be updating the company's return to office COVID protocol following this year's Labor Day weekend.
- 08/31/2022
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Goldman Sachs is lifting COVID-19 vaccination requirements in most offices next month
- Goldman Sachs employees can expect less Covid-19 restrictions in the office unless they work in New York City.
- 08/31/2022
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Lloyds Banking, NatWest and Barclays still in favour with Goldman Sachs
- Robust mortgage lending in the Bank of England's latest monthly money and credit statistics underlines the appeal of the UK bank sector, according to Goldman Sachs (NYSE:GS). Net new mortgage lending trends are still well above the 2016-2020 period, says the UKS bank, though less so against 2021.
- 08/31/2022
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Goldman Sachs lifts all Covid protocols; requires workers to return to the office
- Lydia Moynihan, New York Post reporter, joins CNBC's 'Squawk Box' to discuss Goldman Sachs' decision to drop all its Covid-19 protocols and return workers to the office.
- 08/31/2022
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Goldman Sachs says workers have to return to the office after Labor Day
- Goldman Sachs is reportedly dropping all COVID protocols in its offices and requiring employees to be back in the office five days a week beginning after Labor Day.
- 08/30/2022
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Goldman Orders Staff Back After Lifting Covid Protocols
- Goldman Sachs has lifted all Covid-19 protocols including vaccination requirements, testing, masking, and has ordered all staff to return to the office five days a week after Labor Day. Employees in the bank's New York City office will have to continue following the local mandate of being vaccinated or receiving a health or religious exception in order to enter the building.
- 08/30/2022
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Goldman Sachs to lift COVID protocols - memo
- (Reuters) -Goldman Sachs Group Inc will lift pandemic-era protocols at its offices effective Sept. 6, according to an internal memo seen by Reuters.
- 08/30/2022
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Goldman Sachs to lift vaccination, Covid-19 requirements in most offices next month
- Goldman Sachs will lift its Covid-19 requirements in most offices beginning Sept. 6 as the bank attempts to incentivize its employees to return to the office.
- 08/30/2022
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Goldman Sachs lifts all COVID protocols and orders staff to return to office full-time
- Wall Street giant Goldman Sachs will lift all COVID protocols that have kept some workers away as it pushes all employees to return to the office five days a week after Labor Day, The Post has learned.
- 08/30/2022
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Goldman Sachs lifts all COVID protocols, orders staff to return to office full time
- Wall Street giant Goldman Sachs will lift all COVID protocols that have kept some workers away as it pushes all employees to return to the office five days a week after Labor Day, The Post has learned.
- 08/30/2022
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Banks should grow earnings through the next recession, says Wells Fargo's Mike Mayo
- Mike Mayo, Wells Fargo Securities, joins 'Closing Bell: Overtime' to discuss bank stocks and their potential to grow during a recession.
- 08/29/2022
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What To Expect From Goldman Sachs Stock?
- Goldman Sachs' stock (NYSE: GS) has lost roughly 9% YTD as compared to the 12% drop in the S&P500 index over the same period.
- 08/29/2022
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My Top FAANG Stock to Buy for the Second Half of 2022 (and Beyond)
- The world of financial services offers a great opportunity for Apple and its 1 billion iPhone users.
- 08/28/2022
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Oil Companies Focus On Buybacks Before Production Increases
- Oil companies are focusing on returning money to investors over increasing oil production. The post Oil Companies Focus On Buybacks Before Production Increases appeared first on Investor's Business Daily.
- 08/25/2022
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Buy Goldman Sachs: Take Advantage Of The Bank's Undervaluation
- Goldman Sachs is one of the best financial institutions in the world, arguably in the top 3 together with JPM and MS. The bank has diversified strengths in multiple verticals, including investment banking, global markets, asset management, and wealth management.
- 08/24/2022
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Goldman's Marcus Raises Interest Rates for Consumers — and Bar for Neobanks
- In financial services, as in pretty much any vertical, there's a concept known as the race to the bottom. Generally speaking, we might view this as a jockeying among firms to cut prices, to lure consumers with the promise of the same (or better!
- 08/23/2022
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Is the Options Market Predicting a Spike in Goldman Sachs (GS) Stock?
- Investors need to pay close attention to Goldman Sachs (GS) stock based on the movements in the options market lately.
- 08/22/2022
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Factbox-Big banks expected to rack up more than $1 billion in fines for WhatsApp use
- Banking giants such as JPMorgan Chase & Co and Bank of America collectively face more than $1 billion in regulatory fines for employees' use of unapproved messaging tools, including email and apps like WhatsApp.
- 08/22/2022
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Bank of America, Citigroup, Goldman Sachs and other banks near $1 billion settlement over traders' use of banned messaging apps
- WASHINGTON — Many of Wall Street's biggest banks are nearing agreements to pay as much as $200 million each and admit that their employees' use of personal messaging apps such as WhatsApp violated regulatory requirements, according to people familiar with the matter.
- 08/19/2022
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Biggest Banks Nearing $1 Billion Settlement Over Traders' Use of WhatsApp
- Federal regulators intend to levy the fines over the alleged breach of rules that require the retention of business records.
- 08/19/2022
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Bank Stocks Make a Comeback After Sharp Sell Off
- Since the end of June, five of the six largest U.S. banks have outperformed the S&P 500's 13% gain.
- 08/18/2022
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Goldman Sachs: Still Has An Identity Problem
- People are talking about the business model that Goldman Sachs has been attempting to work from in this second decade of the 2000s. One problem that Goldman Sachs faces is that the world seems to be shifting back to a more volatile financial world, one that requires flexibility of action.
- 08/17/2022
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Goldman (GS) Up 11.6% Since Last Earnings Report: Can It Continue?
- Goldman (GS) reported earnings 30 days ago. What's next for the stock?
- 08/17/2022
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Fed Issues Guidelines for Banks Engaging in Crypto Activities
- Banks like JPMorgan (JPM), Citigroup (C), Goldman Sachs (GS) and many others seeking to engage in crypto activities need to follow the guidance recently issued by the Fed.
- 08/17/2022
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Analysis-U.S., European banks could lose over $5 billion from risky buyout loans
- Top U.S. and European banks are facing tougher times in the riskiest parts of the loan market.
- 08/17/2022
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Final Trades: Goldman Sachs, Paramount, CrowdStrike & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 08/16/2022
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Goldman Sachs CEO laments NYC crime: ‘City is grittier and dirtier'
- Goldman Sachs boss David Solomon lamented the surge in crime in New York City, which he says has become "a little grittier and a little dirtier."
- 08/15/2022
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High turnover and mounting losses are plaguing Goldman Sachs' Marcus consumer-banking unit
- Turnover's been high at Goldman Sachs' Marcus consumer-banking unit. Plus, a "messy" end to a Facebook contractor's job and a leaked Oracle org chart.
- 08/14/2022
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Is The Biggest Bank Stock By Market Cap A Buy After Reclaiming This Support Level?
- JPMorgan Chase's shares retook their 50-day line, after inflation showed signs of easing. So is JPM stock worth buying right now?
- 08/10/2022
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3 Financial Stocks With Valuations Too Cheap to Ignore
- These top financial sector stocks have the respect of top investors and look like steals at today's prices.
- 08/10/2022
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Apple Card's rapid growth, outside vendors blamed for mishaps within Goldman's credit-card business
- Goldman struggled to handle a bigger-than-expected influx of disputed transactions from Apple Card users, known in the industry as chargebacks.
- 08/09/2022
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Big bank battle royale, which is the financial favorite
- Goldman is outperforming other banks, particularly JPMorgan. With CNBC's Brian Sullivan and the Fast Money traders, Steve Grasso, Courtney Garcia, Guy Adami and Jeff Mills.
- 08/08/2022
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Goldman Sachs Group Lends $150M to Clara to Meet LatAm Firms' Need for Loans
- Helping to meet Latin American corporations' need for loans and assistance with spend management, Goldman Sachs Group has lent $150 million to Clara, a Mexican startup that provides lending services to businesses in Mexico, Brazil and Columbia.
- 08/08/2022
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Mexican corporate card Clara lands $150 million debt facility from Goldman Sachs
- Mexican "unicorn" Clara, a startup with a valuation over $1 billion that offers corporate credit cards and expense management resources, said on Monday it has secured $150 million in debt financing from Goldman Sachs.
- 08/08/2022
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7 Stocks to Buy and Hold Forever
- With many good stocks beaten down due to unwarranted worries about the Federal Reserve, now is an excellent time to identify stocks to buy and hold for many years. Importantly, Fed Chair Jerome Powell recently indicated that the central bank expects to only raise its key interest rate to about 3.5% at most this year.
- 08/07/2022
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Got $5000? 3 Top Financial Stocks to Buy for the Long Term
- The financial sector offers plenty of compelling places to put some capital to work.
- 08/07/2022
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Goldman Sachs warns stock market may not have hit bottom yet
- The stock market relief rally could fade soon as investors confront scorching-hot inflation and continued interest rate hikes from the Federal Reserve.
- 08/04/2022
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Goldman Sachs, bank behind the Apple Card, says regulators are investigating its credit card practices
- As part of CEO David Solomon's push into retail banking, Goldman launched the Apple Card in 2019.
- 08/04/2022
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Final Trades: Apple, Fortive, Goldman Sachs & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 08/03/2022
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Is Goldman Sachs Undervalued Right Now?
- The stock is trading around its lowest valuation in years.
- 08/02/2022
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Recession preparation: Goldman Sachs CEO David Solomon and others on challenges for small business
- These segments originally aired on July, 18, 20 and 22, 2022. Goldman Sachs CEO David Solomon joins Yahoo Finance Live's Brian Sozzi at the Goldman Sachs 10,000 Small Businesses Summit in Washington, D.C.
- 07/30/2022
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What do Higher Interest Rates Mean for My Savings?
- In a low-interest rate world, savings accounts get no respect. They give you liquidity and safety of principal, sure.
- 07/29/2022
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Is Goldman Sachs Stock Overvalued Or Undervalued Now?
- We pick out some of the key highlights from the recent results and the Fed stress test results. We examine the valuation backdrop.
- 07/29/2022
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7 Undervalued Fintech Stocks to Buy Right Now
- Fintech stocks have been some of the best-performing stocks in recent years, as investors have bet on the industry's continued growth. More specifically, mobile payments, peer-to-peer lending, online banking and investment management are just a few fintech products available.
- 07/29/2022
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The 7 Best Blue-Chip Stocks to Buy Now
- The current market downturn is a tense and risky time for investors. However, it also presents an opportunity to purchase undervalued blue-chip stocks to buy that are being pulled down with the wider economy in this bear trend.
- 07/28/2022
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Banking Earnings Downbeat: What's in Store for ETFs?
- Only two out of six big U.S. banks was able to beat overall this earnings season.
- 07/27/2022
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Is the U.S. Economy in a Technical Recession? We'll Find Out This Week
- A preliminary gross domestic product growth estimate for the second quarter of the year is due out this week.
- 07/26/2022
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Goldman Sachs, JPMorgan snag talent from struggling Swiss bank: report
- Wall Street banking giants including Goldman Sachs, JPMorgan Chase and Morgan Stanley are snapping up Credit Suisse executives as the troubled Swiss bank faces paltry revenues and accusations of money laundering and ignoring Russian sanctions, according to a report.
- 07/25/2022
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Goldman Sachs CEO on inflation 'The path forward is uncertain'
- Goldman Sachs Chairman & CEO David Solomon speaks on the current state of inflation and discusses how Americans can plan ahead to withstand it.
- 07/23/2022
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How a Dramatic Drop in IPO Activity Is Affecting Goldman Sachs' Stock
- Companies are hesitant to go public in current market conditions.
- 07/23/2022
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Is Goldman Sachs Stock A Buy After Earnings? Focus On Fee Revenue Growth
- Goldman Sachs' Q2 2022 EPS came in +16% above market expectations, and the bank's shares were up by +11% in the four trading days post-earnings release. I am positive on the better-than-expected performance of the Global Markets and Consumer & Wealth Management businesses, and the +25% hike in quarterly dividends.
- 07/22/2022
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CEOs say they are raising prices, cutting costs as inflation dominates post-earnings conversations
- Most company leaders say they've managed to navigate difficult times spurred by inflationary pressures at their highest level in more than 40 years.
- 07/22/2022
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Why Goldman Sachs Could Be the Best Bank Stock to Buy Now
- After the investment banking giant delivered better than expected quarterly results, its stock looks quite promising.
- 07/21/2022
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Goldman-backed digital bank Starling reports its first annual profit as other fintechs stumble
- British digital bank Starling reported its debut annual profit Thursday as revenues at the firm almost doubled.
- 07/21/2022
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Goldman Sachs appoints Josh Frydenberg as senior regional adviser for Asia Pacific
- Goldman Sachs said on Thursday it appointed Australia's former Treasurer Josh Frydenberg as senior regional adviser for the Asia Pacific.
- 07/20/2022
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Goldman Sachs CEO David Solomon says the bank sees a 50% chance of recession in the next 2 years
- Recession fears are running high on Wall Street and investors believe the Fed's fight against high inflation could spark a downturn as soon as this year.
- 07/20/2022
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Op-ed: Goldman Sachs CEO David Solomon on what Main Street and the economy need from Congress
- It's been over 20 years since Congress last reauthorized the Small Business Administration. The time is now, says Goldman Sachs CEO David Solomon.
- 07/20/2022
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Three Stock Lunch: Mosaic, Meta and Goldman Sachs
- Cliff Hodge, Cornerstone Wealth CIO, joins 'Power Lunch' to discuss Hodge's investing stake on three stocks: Mosaic, Meta and Goldman Sachs.
- 07/19/2022
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Goldman Sachs CEO: All businesses ‘are being more cautious right now'
- Goldman Sachs CEO David Solomon joins Yahoo Finance Live's Brian Sozzi at the Goldman Sachs 10,000 Small Businesses Summit in Washington, D.C., to discuss the biggest challenges small businesses face amid inflation, labor shortages, and supply chain woes as well as the outlook for the economy.
- 07/19/2022
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Why Goldman Sachs Group Is A Top 25 Dividend Giant
- Goldman Sachs Group has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a staggering $14.58B worth of stock held by ETFs, and above-average ''DividendRank'' statistics including a strong 2.66% yield
- 07/19/2022
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Former FDIC Chair Sheila Bair Helps Students Get Smarter About Debt
- Plus a look at what's going on with Pepsi and Etsy.
- 07/19/2022
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Goldman Sachs' second-quarter earnings almost halve but beat expectations
- Goldman Sachs (NYSE:GS) posted higher-than-expected profits and revenues for the second quarter thanks to its fixed income operations, which generated around US$700mln more in revenues than expected. The investment banking powerhouse reported revenues of US$11.86bn, down 23% on the same period last year, but a full US$1bn higher than the US$10.86bn analysts had forecast, driven by a 55% surge in fixed income revenues.
- 07/19/2022
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Goldman Sachs CEO on macro uncertainty is impacting the bank's hiring approach
- Goldman Sachs CEO David Solomon appeared on Monday's episode of "Mad Money," after the Wall Street bank reported quarterly results earlier in the day.
- 07/18/2022
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Goldman Consumer Banking Revenues Grow 25% as Loss Reserves Surge 497%
- Goldman's march to Main Street juggernaut continues — macro headwinds or not. The white-shoe Wall Street behemoth has been broadening its appeal to retail banking customers, with a focus on digital channels to spur savings and lending activities.
- 07/18/2022
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Goldman Sachs just joined Blackrock in slowing hiring as dealmaking and stocks swoon. Here's everything we know about Wall Street's belt tightening and how it will impact jobs and compensation.
- From Goldman Sachs to Blackrock to Morgan Stanley, here's what execs are saying about hiring and bonuses as they look to slash expenses.
- 07/18/2022
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Bank earnings: Strategist details 3 major trends from results so far
- RBC Capital Markets Gerard Cassidy joins Yahoo Finance Live anchors Julie Hyman, Brian Sozzi and Brad Smith to discuss big bank earnings, major market trends, and the outlook for investment banking.
- 07/18/2022
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The Goldman Sachs Group, Inc. (GS) CEO David Solomon on Q2 2022 Results - Earnings Call Transcript
- The Goldman Sachs Group, Inc. (NYSE:GS.PK ) Q2 2022 Earnings Conference Call July 18, 2022 9:30 AM ET Company Participants Carey Halio - Head, Investor Relations David Solomon - Chairman and Chief Executive Officer Denis Coleman - Chief Financial Officer Conference Call Participants Glenn Schorr - Evercore Christian Bolu - Autonomous Steven Chubak - Wolfe Research Betsy Graseck - Morgan Stanley Mike Mayo - Wells Fargo Brennan Hawken - UBS Devin Ryan - JMP Securities Ebrahim Poonawala - Bank of America Matt O'Connor - Deutsche Bank Gerard Cassidy - RBC Jim Mitchell - Seaport Global Dan Fannon - Jefferies Operator Good morning. My name is Katie and I will be your conference facilitator today.
- 07/18/2022
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Goldman Sachs earnings show ‘balanced business model' as economic conditions tighten: Analyst
- MP Securities Director of Financial Technology Research Devin Ryan joins Yahoo Finance Live to discuss investment banking and consumer banking, economic conditions, Fed tightening, Goldman Sachs earnings, and hiring at banks.
- 07/18/2022
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Stocks open higher after strong Goldman earnings
- FOX Business' Ashley Webster and Susan Li discuss the top business stories as markets open for the week. Subscribe to Fox Business!
- 07/18/2022
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Goldman Sachs to slow hiring, cull laggard bankers as profits slump
- As the pandemic-era boom in corporate dealmaking begins to sputter amid rising recession fears and surging interest rates, the bank is looking to cut costs companywide.
- 07/18/2022
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Goldman Sachs, Bank of America earnings shrink but offer some bright spots
- Goldman Sachs Group Inc. shares rose Monday on stronger-than-expected second-quarter results, while Bank of America Corp. shares fell back on an earnings miss.
- 07/18/2022
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Why Shares of Goldman Sachs Are Rising Today
- The investment bank reported second-quarter earnings.
- 07/18/2022
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Goldman Sachs Q2 results: ‘I'm astonished it could make this much money'
- Goldman Sachs Group Inc (NYSE: GS) is up roughly 5.0% on Monday after the Wall Street bank reported better-than-expected results for its fiscal second quarter. Goldman Sachs Q2 results: a brief recap of notable figures Net income printed at $2.77 billion versus $5.35 billion in Q2 of previous year Per-share earnings of $7.
- 07/18/2022
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Goldman Sachs bankers' pay sinks 40% on lower profits
- Goldman Sachs (NYSE:GS) bankers' pay and bonuses plummeted 40% during the first six months of the year following sinking profits. Total payroll for the US investment bank was US$7.8bn in the first half of 2022, representing a 40.3% reduction in wages per head compared with US$11.3bn from the previous year.
- 07/18/2022
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Goldman's Trading Revenue Surges in Second Quarter
- Goldman Sachs Group Inc. reported second-quarter results that saw trading revenue jump 32% from a year ago. Sonali Basak breaks down the numbers on Bloomberg Television.
- 07/18/2022
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Options Traders Blast Goldman Sachs After Earnings
- Goldman Sachs Group Inc (NYSE:GS) was the latest bank giant to enter the earnings confessional, this morning reporting better-than-expected second-quarter profits and revenue.
- 07/18/2022
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Unemployment could reach 3.8% by 2023, Goldman Sachs predicts
- Yahoo Finance Live anchors Julie Hyman, Brad Smith and Brian Sozzi discuss Goldman Sachs's prediction of a 3.8% unemployment rate by 2023.
- 07/18/2022
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Goldman Sachs (GS) Q2 Earnings and Revenues Beat Estimates
- Goldman (GS) delivered earnings and revenue surprises of 10.59% and 7.41%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 07/18/2022
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Goldman (GS) Q2 Earnings Top Estimates, Revenues Dip Y/Y
- Goldman's (GS) Q2 earnings gain from higher revenues in the Global Markets, and the Consumer and Wealth Management segments. Lower underwriting and IB revenues have been spoilsports.
- 07/18/2022
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Goldman CEO David Solomon says inflation is 'deeply entrenched' in the global economy
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Jim Cramer gives his take on big banks' earnings
- Jim Cramer, Mad Money host, joins 'Squawk Box' to discuss his first take on Mad Money's move to NYSE and big banks' earning reports.
- 07/18/2022
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US stocks rally as Goldman's strong 2nd-quarter report raises hopes ahead of a busy week of earnings
- Wall Street will also see earnings from Tesla, Johnson & Johnson, Netflix, United Airlines and Verizon this week.
- 07/18/2022
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Goldman Sachs still rules Wall Street: Earnings blow away forecasts
- Goldman Sachs is clearly still the top dog on Wall Street. The investment banking powerhouse reported earnings and revenue Monday morning for the second quarter that easily topped analysts' forecasts.
- 07/18/2022
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Dow opens 300 points higher as strong Goldman earnings help bolster stocks
- U.S. stocks opened higher on Monday, leaving the main indexes on track to add to the prior session's gains, following a stronger-than-expected earnings report from Goldman Sachs Group Inc. The Dow Jones Industrial Average gained 311 points, or 1%, to 31,558. The S&P 500 SPX, +0.85% advanced 31 points, or 0.8%, to 3,895.
- 07/18/2022
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Why Goldman Sachs Stock Is Trading Higher
- Goldman Sachs Group Inc (NYSE: GS) shares are trading higher Monday after the company reported better-than-expected financial results. Goldman Sachs reported second-quarter revenue of $11.86 billion, which beat the estimate of $10.96 billion, according to data from Benzinga Pro.
- 07/18/2022
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Goldman Sachs Shares Gain After Topping Q2 Performance; Hikes Dividend By 25%
- Goldman Sachs Group, Inc (NYSE: GS) reported second-quarter FY22 revenue of $11.86 billion, down 23% year-on-year, squashing the consensus of $10.96 billion. The decrease reflected significantly lower revenues in Asset Management and Investment Banking, partially offset by.
- 07/18/2022
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Goldman Sachs earnings beat second quarter estimates, strong bond trading
- CNBC's Leslie Picker joins 'Squawk Box' to report Goldman Sachs earnings beat.
- 07/18/2022
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Goldman Sachs crushes analysts' expectations on strong bond trading results, shares rise 4%
- Goldman tends to outperform other banks during periods of high volatility, but it is also one of the biggest corporate advisors on Wall Street.
- 07/18/2022
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Goldman, Boeing stock rallies adding more than 100 points combined to the Dow's price
- The Dow Jones Industrial Average's early rally is being supported by 29 of its 30 components, led by shares of Goldman Sachs Group Inc. after second-quarter earnings and Boeing Co. after jet order announcements. Boeing's stock was climbing 4.1% after aerospace giant said Delta Air Lines Inc. said it ordered 100 737-10 jets and Japan-based ANA Holdings Inc. ordered 20 737-8 airplanes, and Goldman's stock was rallying 3.9% after the bank and broker beat profit and revenue expectations.
- 07/18/2022
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Goldman Sachs beats Wall Street earnings and revenue targets, shares rise
- Goldman Sachs Group Inc. GS, +4.36% shares rose 3.7% in premarket trades after the company posted stronger-than-expected second-quarter profit, although earnings fell from the year-ago quarter. Goldman Sachs said its net income for the three months ended June 30 fell to $2.77 billion, or $7.73 a share, from $5.35 billion, or $15.02 a share, in the year-ago quarter.
- 07/18/2022
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Goldman Sachs profit nearly halves in second quarter
- Goldman Sachs Group Inc on Monday reported a drop in second-quarter profit as dealmaking slumped, weakening the Wall Street giant's investment banking business.
- 07/18/2022
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Big U.S. banks see loan growth slowing as outlook for demand, economy darkens
- U.S. bank executives said they're optimistic on loan growth as demand for borrowing from retail and business customers bounced back in the second quarter from the lows of the pandemic, but warned demand could weaken later this year if the worsening economic outlook starts to hurt consumer confidence.
- 07/18/2022
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Goldman Sachs is set to report second-quarter earnings —here's what the Street expects
- Goldman tends to outperform other banks during periods of high volatility, but it is also one of the biggest corporate advisors on Wall Street.
- 07/18/2022
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U.S. stock futures jump, with Goldman earnings in focus and as traders pare Fed rate hike expectations
- U.S. stock futures extended recent gains after expectations of an aggressive Federal Reserve interest rate hike eased, and traders prepared for more updates from the corporate earnings season.
- 07/18/2022
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Why Shares of JPMorgan Chase, Morgan Stanley, and Goldman Sachs Rose Today
- The stocks rallied after large banks reported strong earnings this morning.
- 07/15/2022
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3 Stocks That Drove the Dow's 650-Point Gain
- Investors bought stocks in one sector, in particular, as part of the Dow's relief rally today.
- 07/15/2022
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Big Banks Face Big Fines Over Messaging Apps
- Five of America's biggest investment banks are preparing to pay a combined $1 billion in fines for letting their workers use unauthorized messaging apps. As Bloomberg News reported Friday (July 15), Morgan Stanley is preparing to pay a $200 million fine, the same amount JPMorgan Chase has already paid.
- 07/15/2022
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Bank earnings: ‘We definitely heard some caution,' analyst says
- Fargo S&P Global Market Intelligence Principal Analyst Nathan Stovall joins Yahoo Finance Live to discuss big bank earnings, the positives of rising interest rates, and the outlook for the economy.
- 07/15/2022
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Citi, Goldman, BofA in talks with regulators over texting fine - Bloomberg
- Citigroup, Goldman Sachs and Bank of America are in discussions with regulators to pay around $200 million each in fines over failing to monitor employees' use of unauthorized messaging apps, Bloomberg News reported on Friday.
- 07/15/2022
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3 Dangerous Dow Stocks to Sell Now
- The bear market ravaging equities is taking a toll on blue-chip stocks. Here are three wounded Dow stocks to sell now.
- 07/15/2022
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Goldman Helps Airbase Take Off With $150M Credit Facility
- Spend management platform Airbase announced Friday (July 15) it has secured $150 million in debt financing led by Goldman Sachs. According to a news release emailed to PYMNTS, the funding will allow Airbase to expand its charge card program to a growing customer base.
- 07/15/2022
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It's not the right time to expect banks to be shining stars, says Richard Bernstein
- David Ellison, portfolio manager at Hennessy Funds, and Richard Bernstein, CEO at Richard Bernstein Advisors, join CNBC's ‘Closing Bell' to weigh in on what's happening in the market.
- 07/14/2022
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US stocks mixed as Fed officials cool jumbo rate hike fears and investors mull big bank earnings
- The Fed's Christopher Waller backed a 75-basis-point rate hike, soothing fears of an even larger increase after this week's tough inflation reading.
- 07/14/2022
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Earnings Previews: Bank of America, Charles Schwab, Goldman Sachs, Synchrony
- The three major U.S. equity indexes closed lower for a third straight session Wednesday.
- 07/14/2022
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Goldman Sachs Stock To Beat The Consensus In Q2?
- Goldman Sachs (NYSE: GS) is scheduled to report its fiscal Q2 2022 results on Monday, July 18, 2022.
- 07/14/2022
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Analyst Says Goldman Sachs, Wells Fargo Offer 'Most Interesting Risk-Reward' Ahead Of Bank Earnings Week
- Big bank earnings season kicks off this week, and Bank of America analyst Ebrahim Poonawala said Wednesday that he has high hopes for at least two bank stocks. Big Numbers Coming?
- 07/13/2022
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The ‘good news and bad news' for bank earnings, according to an analyst
- The ‘good news and bad news' for bank earnings, according to an analyst
- 07/13/2022
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2 Dirt-Cheap Financial Stocks You Can Buy and Hold for the Next Decade
- These top financial stocks are available for surprisingly inexpensive valuations.
- 07/13/2022
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Pay attention to bank outlooks this earnings season, says Piper Sandler's Harte
- Jeff Harte, Piper Sandler, with a countdown to big bank earnings. With CNBC's Melissa Lee and the 'Fast Money' traders, Guy Adami, Tim Seymour, Karen Finerman and Steve Grasso.
- 07/12/2022
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I think you're going to see Main Street banking perform very well, says WFC's Mike Mayo
- Wells Fargo bank analyst Mike Mayo joins 'Closing Bell: Overtime' to offer a preview of bank earnings and where he sees the stocks headed, even as recession fears grow.
- 07/12/2022
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What's in Store for Bank ETFs This Earnings Season?
- Big banks will start releasing their quarterly numbers from this week.
- 07/12/2022
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Trading to Aid Goldman's (GS) Q2 Earnings, Low IB to Hurt
- Improvement in the trading business, higher NII and loan growth are likely to have driven Goldman's (GS) Q2 earnings. Yet, lower investment banking revenues and high costs are expected to have ailed.
- 07/12/2022
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Goldman hires Google exec to co-head applied innovation unit - memo
- Goldman Sachs has hired Jared Cohen, who founded technology incubator Jigsaw at Google, to co-head its newly created applied innovation unit, an internal memo showed, as the Wall Street powerhouse invests in technology expertise.
- 07/12/2022
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Goldman Sachs: You Can Buy It Cheap Right Now But Buckle Up
- Goldman Sachs recently outperformed the other major banks on Fed stress tests setting it up for a 25% dividend increase, yet it's the cheapest major with an 8.6 P/E ratio. Being an Investment Bank (despite traditional bank holding company status) helps it look solid by Fed criteria based on loan risks deriving from weak markets and economy.
- 07/12/2022
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Is Goldman Sachs Stock A Buy After Dividend Hike Announcement?
- Goldman Sachs shares have fallen 22% year-to-date. That, combined with a recent dividend hike, has Goldman's dividend yield looking more compelling.
- 07/12/2022
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Goldman Sachs hires Alphabet tech incubator CEO Jared Cohen for new innovation group
- It's the latest step Solomon has taken to inject a technology focus into the 153-year-old investment bank.
- 07/12/2022
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What Lies Ahead for Dow ETF in Q2 Earnings?
- With some of the blue-chip companies expected to report an earnings surprise, investors should closely monitor the movement of the Dow ETF and grab an opportunity that arises from a surge in any of the 30 stocks.
- 07/11/2022
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5 ‘Strong Buy' Blue Chips Expected to Raise Dividends This Week
- After years of a low interest rate environment (though those rates now are trending higher faster), many investors have turned to equities, not only for the growth potential but also for solid and dependable dividends, which help to provide an income stream.
- 07/11/2022
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Big U.S. banks' second quarter profits to tumble on higher bad loan reserves
- Second quarter profits at big U.S. banks are expected to fall sharply from a year earlier on increased loan loss reserves, as the pandemic recovery gives way to a possible recession.
- 07/11/2022
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Factbox-How big U.S. banks have managed bad loan reserves since the pandemic
- The big six U.S. banks face a tough second quarter earnings season due to a hit from increased loan loss reserves, as the pandemic recovery gives way to a possible recession.
- 07/11/2022
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Big banks' Q2 earnings to shed light on gloomy U.S. mortgage outlook
- U.S. analysts and economists will be watching to see how banks' mortgage businesses are faring during their second-quarter earnings this month, as U.S. Federal Reserve rate hikes continue to crimp mortgage originations and refinancings.
- 07/08/2022
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The Biggest Challenge Of 2022 (And 7 Strong Buys To Tackle It)
- The first half of 2022 was awful. The biggest challenge of the year lies ahead of us.
- 07/07/2022
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A big call on the big banks
- The "Halftime Report" traders debate the biggest analyst calls of the day
- 07/07/2022
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Goldman slashes GDP forecast for the second quarter to just barely above water
- Goldman sliced its outlook for GDP in Q2 to an annualized gain of just 0.7%, down from the previous expectation of a 1.9% increase.
- 07/07/2022
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Big Banks Impacted by Deal Decline
- Big banks will kick off earnings season next week with JPMorgan, Citigroup, and Morgan Stanley expected to report results.
- 07/07/2022
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3 Growth Stocks Trading at Value P/E's
- The depressed P/E ratios of these three S&P 500 growth stocks make them value stocks in a growth wrapper—and bargain buys for investors.
- 07/07/2022
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These 2 Tech Companies Have Made Significant Acquisitons in 2022
- While tech has been a bloodbath year-to-date, these acquisitions give hope moving forward.
- 07/06/2022
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Bank stocks are super cheap — even with the risk of recession
- Big banks will kick off earnings season next week, with JPMorgan Chase first out of the gate before the stock market opens on July 14.
- 07/06/2022
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Why Shares of Goldman Sachs Fell 22.4% in the First Half of This Year
- Economic uncertainty has weighed on business for this investment bank.
- 07/06/2022
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BNY Mellon Names Longtime Goldman Sachs Exec Dermot McDonogh as CFO
- Bank of New York Mellon has named Dermot McDonogh as its chief financial officer, ending his run of more than 25 years at Goldman Sachs, according to a Wednesday (July 6) press release. McDonogh, 57, will come to BNY Mellon in November and take over as CFO from Emily Portney in February.
- 07/06/2022
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Goldman Sachs and ICBC Wealth Management Joint Venture Gets Green Light in China
- The Goldman Sachs and ICBC collaboration is interesting in part because of Goldman's vast expertise, but also because ICBC has the widest network of client branches in China.
- 07/06/2022
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Banks stocks hit hard as continued fall in Treasury yields fuel recession fears
- Financial stocks traded broadly lower Tuesday, as longer-term Treasury yields continued to fall amid growing concerns that a recession was on the horizon. Lower longer-term yields can weigh on banking profits, as they narrow the spread between what banks earn on longer-term assets, such as loans, that are funded by shorter-term liabilities.
- 07/05/2022
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Week 27 MDA Breakout Stocks - July 2022: Short-Term Picks To Give You An Edge
- Two new Breakout Stocks for Week 27 with better than 10% short-term upside potential and a Dow 30 Pick. Average cumulative returns now down to +85.6% YTD.
- 07/05/2022
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Wells Fargo's Mike Mayo cuts banks estimates & targets
- The "Halftime Report" traders debate the biggest analyst call of the day.
- 07/01/2022
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Goldman Sachs (GS) Partners With Capital Markets Technology Firm
- Goldman Sachs (GS) forms an alliance with the leading provider of capital markets technology and derivatives execution services to regional and community banks, Derivative Path.
- 07/01/2022
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This Dividend Beast Trades at Less Than 8 Times Earnings
- This stock has been growing its dividend very quickly in recent years.
- 07/01/2022
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3 Undervalued Blue-Chip Stocks to Buy in July 2022
- The share prices of these well-run and established companies are down despite the fact that they continue to produce robust earnings, exceed Wall Street expectations, and remain leaders in their respective markets. The post 3 Undervalued Blue-Chip Stocks to Buy in July 2022 appeared first on InvestorPlace.
- 07/01/2022
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7 Safe Stocks to Buy in July 2022
- Investors seeking safe stocks to buy in July should consider these seven which are both safe and possess catalysts. The post 7 Safe Stocks to Buy in July 2022 appeared first on InvestorPlace.
- 06/30/2022
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All 30 Dow stocks are falling, with Goldman Sachs and Salesforce the biggest drags
- The Dow Jones Industrial Average's DJIA, -1.60% is suffering a unanimous decline of 480 points, or 1.6%, as all 30 of the blue-chip barometer's components are trading lower. The biggest point drags are the shares of Salesforce Inc. CRM, -4.96% , which are losing $8.05, or 4.7%, and of Goldman Sachs Group Inc. GS, -2.90% , which are down $6.61, or 2.2%; the combined price declines are shaving about 97 points off the Dow's price.
- 06/30/2022
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2 Ex-Warren Buffett Stocks Soon to Have 3% Dividend Yields
- Dividend stocks are great ways for investors to make consistent passive income.
- 06/30/2022
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Goldman Sachs partners with Derivative Path to grow transaction banking
- Goldman Sachs Group Inc said on Thursday it is launching a partnership with capital markets technology firm Derivative Path that opens the door to thousands of U.S. regional banks and credit unions becoming clients of its foreign exchange services.
- 06/30/2022
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McDonald's To $278? Analysts Just Raised Their Price Targets On These 5 Stocks
- Investor sentiment has suffered dramatically due to the recent market downturn brought on by rising inflation, the Fed's aggressive policy and concerns about the impending economic recession. The S&P 500, which returned nearly 27% to investors last year, has lost more than 19% year-to-.
- 06/29/2022
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Buy Goldman Sachs, Analysts Say. Its Stock Offers Shelter From the Economic Storm.
- Goldman Sachs stock looks cheap and should hold up better in an economic downturn than the banking sector overall, Bank of America analysts say.
- 06/29/2022
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Goldman Sachs: Stress Test Results Could Set the Stock Free
- Goldman Sachs ( GS , Financial) is one of the 34 big banks that passed its stress test earlier this month, in turn causing investor optimism. The market's been unkind to Goldman stock during the past few months as its cyclical nature hasn't taken well to the bear market, but now, it appears there's cause for optimism.
- 06/29/2022
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Bank of America upgrades Goldman Sachs on relative performance to other banks, but cuts earnings view
- Goldman Sachs Group Inc. GS, +1.54% rose 1.6% after Bank of America analyst Ebrahim H. Poonawala upgraded the company to buy from neutral on his view that the bank offers a relatively better value than its peers in a looming economic downturn.
- 06/29/2022
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Analyst: big banks have an edge over their smaller rivals
- The Invesco KBW Bank ETF is down 30% from its year-to-date high; still, a Senior Research Analyst at Piper Sandler says bank stocks are a “decent” investment amidst the market uncertainty. Jeffery Harte prefers the mega-cap bank stocks U.S. Federal Reserve has already confirmed that the big banks are well-positioned to weather a looming recession.
- 06/28/2022
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Goldman's Costly Consumer Push
- Goldman Sachs Group's internal projections show the consumer business losses accelerating to more than $1.2 billion this year, according to people with knowledge of the matter. Sri Natarajan has more on "Bloomberg Markets: The Close.
- 06/28/2022
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Goldman Sees Consumer Business Losses Topping $1.2B
- Goldman Sachs Group's internal projections show the consumer business losses accelerating to more than $1.2 billion this year, according to people with knowledge of the matter. Sonali Basak has more on "Bloomberg Markets.
- 06/28/2022
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Bank Stocks MS, GS, BAC, WFC Gain on Dividend Hikes
- Bank stocks are on the rise, with MS stock leading the charge as it gains 3% after raising its dividend and announcing share buybacks. The post Bank Stocks MS, GS, BAC, WFC Gain on Dividend Hikes appeared first on InvestorPlace.
- 06/28/2022
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GS, BAC, WFC & Others Hike Dividends After 2022 Stress Test
- Banks including Goldman (GS), Bank of America (BAC), Morgan Stanley (MS) and Wells Fargo (WFC) reward investors with dividend rises. JPMorgan (JPM) keeps the quarterly payout unchanged, citing a difficult operating backdrop.
- 06/28/2022
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Goldman, Wells Fargo lead dividend buffet after Fed stress test
- Six of the U.S.'s largest banks said they have enough capital to either maintain or hike their dividends to shareholders after setting enough aside to handle the most extreme economic conditions expected in the coming year.
- 06/28/2022
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Banks to announce buyback and dividend plans
- CNBC's Leslie Picker joins the 'Halftime Report' to report on buyback and dividend plans for the banks.
- 06/27/2022
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The time is ripe for Wall Street layoffs as recession looms and deals boom turns to bust
- Banks hired thousands of employees during the pandemic deals boom. They will have to start laying some off soon.
- 06/27/2022
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Report: Goldman Sachs Seeks $2B to Buy Celsius Assets
- Goldman Sachs is trying to raise $2 billion toward buying the assets of Celsius Network, a distressed crypto lender struggling amid the turmoil in the crypto industry, a Coindesk report said Friday (June 24). This deal would let Goldman buy the company's assets at a “huge discount,” if the company files for bankruptcy, the report […]
- 06/26/2022
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Buy The Dow's 2 Top-Performing Stocks Today
- The Dow Jones Industrial Average capped off a great week today, adding more than 800 points on Friday alone.
- 06/24/2022
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Goldman Sachs: My Top Banking/Finance Pick
- Goldmans Sachs holds one of the best balance sheets of the major U.S. banks, as confirmed by the latest Federal Reserve Stress Test. Today's share price below book value is worthy of serious research for portfolio inclusion.
- 06/24/2022
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Bank Stocks GS, MS, WFC Get Boost Following Annual Fed Stress Test
- The annual Federal Reserve financial system stress test results were published, boosting bank stocks in a big way. The post Bank Stocks GS, MS, WFC Get Boost Following Annual Fed Stress Test appeared first on InvestorPlace.
- 06/24/2022
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Banks Clear 2022 Stress Test: Are Larger Payouts in Store?
- Biggest U.S. banks like JPMorgan (JPM), BofA (BAC), Citigroup (C) and Goldman Sachs (GS) clear the 2022 Fed stress test. Now, the banks can announce dividends and buybacks.
- 06/24/2022
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Banks will be the go-to sector in the second half of the year, says RBC's Gerard Cassidy
- RBC Capital Markets' Gerard Cassidy breaks down the outlook for banks. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Dan Nathan and Karen Finerman.
- 06/23/2022
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Fed Says All Banks Passed Stress Tests
- The Federal Reserve says Wall Street's biggest banks passed their stress tests. Mike McKee reports on "Bloomberg Triple Take.
- 06/23/2022
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All banks tested remained above minimum capital requirements, according to the Fed
- CNBC's Leslie Picker joins 'Closing Bell: Overtime' to report on bank stress test results. Hennessy Funds' David Ellison and Hightower's Stephanie Link discuss.
- 06/23/2022
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U.S. Fed says banks can weather severe downturn comfortably
- The largest U.S. banks would remain well capitalized in the event of a severe economic shock, the U.S. Federal Reserve said on Thursday after the lenders' annual health check, paving the way for them to issue buybacks and dividends.
- 06/23/2022
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U.S. banks expect a clean bill of health after Fed's stress tests
- Large U.S. banks are optimistic they will receive a clean bill of health from the Federal Reserve this week, freeing them up to distribute billions of dollars in excess capital to investors.
- 06/20/2022
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Goldman Sachs Is A Buy While Trading Below Its Book Value
- Shares of Goldman Sachs are down 35% from their 52-weeks-high. Goldman Sachs now trades below its book value.
- 06/19/2022
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7 Stocks to Buy Ahead of the June 23 Bank Stress Test Results
- Recession fears continue to drag bank stocks down, creating significant buying opportunities in financial shares. The post 7 Stocks to Buy Ahead of the June 23 Bank Stress Test Results appeared first on InvestorPlace.
- 06/16/2022
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Bank stocks jump, then quickly pull back after Fed rate hike
- Financial stocks spiked up, then pulled back after the Federal Reserve raised its target on overnight rates by 0.75 percentage points on Wednesday. Although the 75-basis-point hike was expected, it was still historic, as it was the biggest increase in nearly three decades, and was the Fed's way of saying it will act aggressively to fight inflation.
- 06/15/2022
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7 Seriously Undervalued Dow Stocks to Buy Before Wall Street Catches On
- Undervalued Dow stocks can be difficult to find, but this article is looking at seven that investors should consider buying right now. The post 7 Seriously Undervalued Dow Stocks to Buy Before Wall Street Catches On appeared first on InvestorPlace.
- 06/15/2022
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Goldman Sachs and Wells Fargo Are Now Trading Below Book Value. Time to Pounce.
- It has often paid to buy big financials when they trade below book.
- 06/11/2022
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These 3 Tech Giants Have Made Big Acquisitions in 2022
- Acquisitions allow companies to get their hands on more expertise and, of course, technology - providing them with the flexibility needed to innovate continuously.
- 06/10/2022
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U.S. SEC investigating Goldman Sachs over ESG funds - WSJ
- The U.S. Securities and Exchange Commission is looking into Goldman Sachs Group Inc's asset-management division over its funds that look to invest based on environmental, social and governance (ESG) standards, the Wall Street Journal reported.
- 06/10/2022
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Goldman Sachs is facing an SEC investigation over ESG funds, sources say
- The Securities and Exchange Commission is investigating Goldman Sachs Group Inc.'s GS, -5.65% asset-management arm over its funds that aim to invest based on environmental, social and governance standards, according to people familiar with the matter.
- 06/10/2022
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Why Shares of Citigroup, JPMorgan Chase, and Goldman Sachs Are Falling Today
- The consumer price index reading for May came in higher than expected.
- 06/10/2022
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All 30 Dow stocks fall, with Goldman and Home Depot stocks the biggest drags
- All 30 components of the Dow Jones Industrial Average DJIA, -2.53% are falling Friday, as data showing inflation continued to surge fueled another broad-market selloff. The Dow's biggest percentage decliner was Salesforce Inc.'s stock CRM, -5.18% , which dropped 4.5%.
- 06/10/2022
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Goldman Sachs CEO David Solomon's advice to summer interns: 'Be an entrepreneur'
- Read a key excerpt from the email Goldman CEO David Solomon sent to incoming interns on Thursday.
- 06/09/2022
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7 Oversold Stocks to Buy Right Now
- Identifying oversold stocks gives investors the opportunity to buy shares that they perhaps already liked, only at a discounted price. The post 7 Oversold Stocks to Buy Right Now appeared first on InvestorPlace.
- 06/08/2022
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What Do Higher Interest Rates Mean for Stocks?
- What do higher interest rates mean for stocks? It's time to be cautious.
- 06/08/2022
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What do Higher Interest Rates Mean for My Savings?
- Rising interest rates mean higher savings account yields on the horizon. Here's what you need to know.
- 06/07/2022
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Apple Pay Later Just Crushed Affirm's Dreams, but It's a Nice Win for 2 Fintech Giants
- The iPhone maker's new service just gave one company, in particular, a new edge over its primary rival.
- 06/07/2022
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6 Undervalued Dividend Stocks Paying Yields Up to 2% Or More Now
- These six undervalued dividend stocks have good earnings and dividend growth prospects at cheap valuations, giving them good upside prospects. The post 6 Undervalued Dividend Stocks Paying Yields Up to 2% Or More Now appeared first on InvestorPlace.
- 06/03/2022
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Nav, Marcus by Goldman Sachs Offer SMBs Credit
- Intelligent financing platform Nav Technologies has partnered with Marcus by Goldman Sachs to bring lines of credit with fixed rates, no origination or maintenance fees and a fully digital experience to small business owners, according to a recent joint press release. Nav uses a machine learning platform to offer clients a suite of financing options.
- 06/02/2022
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Goldman Sachs COO Waldron says lower valuations in wealth management open M&A opportunities
- Goldman Sachs' President and Chief Operating Officer John Waldron said on Thursday the bank continues to look for acquisition opportunities in the wealth and asset management space, as it seeks to diversify its revenue stream.
- 06/02/2022
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6 Cheap Stocks To Buy Before They Take Off
- These 6 cheap stocks are worth buying given their low P/E valuations, good earnings prospects, and dividend yields. The post 6 Cheap Stocks To Buy Before They Take Off appeared first on InvestorPlace.
- 06/01/2022
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HSBC Plans to Invest $448 Million in Its China Operations
- HSBC's CEO Noel Quinn informs that the bank plans to invest more than 3 billion yuan in its China business, seeing several investment opportunities in the economy.
- 06/01/2022
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Goldman Sachs CEO David Solomon DJs at BottleRock Napa Valley
- Revelers at the BottleRock Napa Valley know Goldman Sachs CEO David Solomon as DJ D Sol, the hip record-spinner.
- 05/30/2022
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Is the Options Market Predicting a Spike in The Goldman Sachs (GS) Stock?
- Investors need to pay close attention to The Goldman Sachs (GS) stock based on the movements in the options market lately.
- 05/27/2022
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6 Dividend Stocks With High Yields and Low P/E Ratios
- 6 Dividend stocks with high yields and low P/E ratios. These 6 dividend stocks have yields greater than 2.5% and P/E ratios lower than 16x with a positive earnings growth forecast for 2023.
- 05/23/2022
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Goldman Sachs CEO calls subway shooting of employee a 'senseless tragedy'
- Goldman Sachs CEO David Solomon said he's "devastated" about the shooting Sunday on a New York City subway train that left one of his employees dead.
- 05/23/2022
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Goldman Sachs: A Fair Buy Enroute A Strong Year
- FY2021 was a financial outlier causing Goldman's valuation to bloat, having come down 27.6% from its recent high, stock is into interesting territory. Goldman Sachs is trading at P/TBV just above 1.0 indicating a historically attractive opportunity. Should it go below 0.9, it would signal a strong opportunity.
- 05/23/2022
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Dress Code 2022: What Is Business Casual? Here's What to Wear as WFH Become IRL.
- What is business casual? We have the answer and several names for investors to know as workers return to the office.
- 05/20/2022
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Key Words: Goldman Sachs CEO sees a ‘30% chance of recession' within the next 12 to 24 months
- That was Goldman Sachs Group Inc. GS, -2.10% CEO David Solomon talking about the current state of the U.S economy during a couple of recent interviews.
- 05/18/2022
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Goldman, JPMorgan could rake in $133M on fees if Musk-Twitter deal closes
- Goldman Sachs and JPMorgan are expected to haul in a combined $133 million in investment banking fees for advising Twitter on the company's sale to Elon Musk.
- 05/18/2022
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Goldman Sachs CEO says ‘people want to be in the office'
- Goldman Sachs bankers "want to be in the office," the Wall Street titan's hard-driving boss David Solomon claimed on Wednesday, shrugging off recently reported kvetching from the rank-and-file about having to show up to the office.
- 05/18/2022
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Are we headed for a recession? Goldman Sachs CEO answers
- The S&P 500 index is down big this year; now about 20% below where it was at the start of the year. Still, Goldman Sachs CEO doesn't find the ongoing risk-off very “surprising”.
- 05/18/2022
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Goldman Sachs' CEO says there's a 'reasonable' chance the US is heading into recession — and urges caution for big businesses
- "If you're running a significant enterprise, you have to be looking through a lens with a little bit more caution right now," David Solomon told CNBC.
- 05/18/2022
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Goldman Sachs CEO David Solomon warns there's a 'reasonable chance' of a recession
- Goldman Sachs CEO David Solomon joins CNBC's 'Squawk Box' from Kiawah Island, South Carolina, to break down his economic outlook and the likelihood the U.S. enters a recession.
- 05/18/2022
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Goldman Sachs co-leads $70M investment in Elwood Technologies
- Despite continued volatility in the crypto markets, there still are plenty of funding rounds being announced by traditional finance players betting on companies experimenting with crypto. Elwood Technologies, a crypto-focused platform founded by British hedge fund billionaire Alan Howard, closed a $70 million Series A co-led by Goldman Sachs and early-stage venture fund Dawn Capital.
- 05/17/2022
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6 Undervalued Stocks With Growing Earnings and Dividends
- These stocks are very attractive dividend stocks with low P/E's, good earnings and low payout ratios that could have growth on tap as well. The post 6 Undervalued Stocks With Growing Earnings and Dividends appeared first on InvestorPlace.
- 05/17/2022
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Buy Goldman Sachs Over Citigroup And JPMorgan Chase
- After recent drops, Goldman Sachs, Citigroup, and JPMorgan Chase stocks are undervalued. Higher interest rates, global inflation, and the ongoing war between Russia and Ukraine may keep them undervalued for months to come.
- 05/16/2022
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Recession is 'very high risk factor' as Fed's path is 'narrow' — former Goldman Sachs CEO Blankfein
- (Kitco News) - A recession in the U.S. is "definitely a risk" as the Federal Reserve faces a narrow path ahead as it tightens rates to fight inflation, said former Goldman Sachs CEO Lloyd Blankfein.
- 05/16/2022
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Goldman Sachs gives senior managers a new perk: 'flexible vacation' policy
- The perk for managing directors and partners is similar to flexible vacation policies at technology firms including Netflix and LinkedIn.
- 05/16/2022
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Goldman Sachs' former CEO says there's a 'very, very high risk' of recession for the US economy and companies and consumers should prepare
- Blankfein, currently senior chairman at the Wall Street banking giant, praised the Federal Reserve and said it had the ability to avert a recession.
- 05/16/2022
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Goldman Sachs is going through a massive transformation under CEO David Solomon
- Insider has complied a list of everything you need to know about the Wall Street bank's return-to-office policies, power players, Marcus, and more.
- 05/16/2022
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Goldman Sachs officials reach $79.5 million shareholder settlement over 1MDB scandal
- Goldman Sachs Group Inc officers and directors reached a $79.5 million settlement to resolve shareholder claims that their poor oversight contributed to the bank being enmeshed in the looting scandal at Malaysia's 1MDB sovereign wealth fund.
- 05/13/2022
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Goldman Sachs boosts recruiting team in push to meet diversity goals
- Goldman Sachs Group Inc has doubled its diversity recruiting team and increased its budget by $10 million to help meet its goals to add more women, Blacks and Latinos to its workforce, Chief Diversity Officer Megan Hogan told Reuters on Friday.
- 05/13/2022
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Is Goldman Sachs Stock Fairly Priced?
- The asset management division suffered due to net losses in equity investments and lower lending and debt investments revenues.
- 05/11/2022
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Goldman Sachs is down 23% YTD: is now the time to buy?
- Shares of Goldman Sachs Group Inc (NYSE: GS) down 23% for the year is an opportunity that can secure incredibly positive returns for investors over the long term, says Kevin Simpson. Simpson's bull case for Goldman Sachs stock On top of attractive valuation, the founder of Capital Wealth Planning sees several other reasons to own […] The post Goldman Sachs is down 23% YTD: is now the time to buy?
- 05/10/2022
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Goldman Sachs Pauses New SPAC Offerings Amid Regulatory Pressures
- Goldman Sachs has paused new special purpose acquisition company (SPAC) offerings, which has added more complications to the lagging market as regulators turn a more critical eye on it, the Financial Times reported Monday (May 9). Goldman will also reportedly quit working with many of the SPACs it helped to take public in the past.
- 05/09/2022
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Goldman Sachs is exiting work on most SPACs because of liability concerns as regulators tighten guidelines, report says
- The investment bank may change course if the SEC scales back its SPAC oversight guidelines, Bloomberg reported.
- 05/09/2022
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Goldman Sachs (GS) To Shrink SPAC Business Due To Regulatory Environment
- Goldman Sachs Group Inc (NYSE: GS) announced that it will be shrinking its SPAC business due to the current regulatory environment. These are the details.
- 05/09/2022
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Goldman Sachs is shrinking its SPAC business amid regulatory crackdown and market turmoil
- Goldman is scaling back its business in SPACs as blank-check deals got caught in a double whammy of regulatory crackdown and tough market environment.
- 05/09/2022
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3 Oversold Bank Stocks To Buy Now
- Bank stocks could outperform the market amid a higher interest rate environment. And there are a few stocks that could rebound.
- 05/08/2022
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Goldman Sachs CEO on the possibility of a recession
- Goldman Sachs Chairman & CEO David Solomon discusses the possibility of another recession occurring within the United States and what the impact of such might be
- 05/07/2022
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Goldman Sachs CEO: ‘I'm concerned about the path' of the Fed
- Goldman Sachs CEO David Solomon joins Yahoo Finance Live from the 2022 Milken Institute Global Conference to discuss the state of capital markets, recessionary concerns, inflation, supply chain challenges, unregulated capital, and the opportunities for investment.
- 05/03/2022
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Major Banks Gain on Soaring Yields: Will This Trend Continue?
- Shares of five major banks surged on soaring yields. These are: JPM, BAC, C, GS and MS.
- 05/03/2022
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Goldman Sachs CEO says office attendance tops 50% during return-to-work push
- Goldman Sachs boss David Solomon said more than half of the company's staffers are working on site — even as the bank pursues a strict return-to-office campaign that has irritated many of its junior bankers. Solomon said on-site attendance at Goldman's US offices is hovering “between 50% and 60%.
- 05/02/2022
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3 Top Stock Trades for the Week of May 2, 2022
- The market trend is lower, suggesting more pain ahead. Here are the top stock trades to consider this week.
- 05/02/2022
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Goldman Sachs CEO David Solomon says in-person attendance tops 50% after return-to-office push
- Solomon has been one of Wall Street's leading voices in trying to bring his people back to the office.
- 05/02/2022
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Goldman Sachs CEO says in-person attendance tops 50% after return-to-office push
- David Solomon, Goldman Sachs CEO, joins 'Squawk on the Street' to discuss his comments on the company's recent earnings, the global flow of capital and Solomon's thoughts around the Federal Reserve's $9 trillion balance sheet.
- 05/02/2022
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Goldman Sachs traders have notched more $100 million-revenue days than any quarter since 2011
- At that rate, Goldman Sachs hit the $100 million daily milestone every other trading day for three months.
- 05/02/2022
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Goldman Sachs International CEO: Recreating an appetite for risk should be a UK priority
- Richard Gnodde, CEO of Goldman Sachs International, discusses the outlook for the U.K. as a finance hub as part of the Atlantic Council's "The future of UK banking and finance" panel.
- 04/29/2022
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Is Most-Watched Stock The Goldman Sachs Group, Inc. (GS) Worth Betting on Now?
- Zacks.com users have recently been watching Goldman (GS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 04/28/2022
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How Morgan Stanley's Diversified Revenue Model Helped It Overcome Slow IPO Activity
- Equity underwriting revenue was under pressure in the first quarter for investment banks.
- 04/27/2022
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For Goldman Sachs, It's a Tale of 2 Investment Banks
- While its core investment banking businesses struggled in Q1, trading revenue surged.
- 04/27/2022
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Why These 3 Stocks Matter Most in the Dow
- The high-priced Dow members are highly responsible for day-to-day movements in an index value that adorns financial newspapers and websites globally. Nowadays the Dow's value is largely dictated by UnitedHealth Group, Goldman Sachs, and Home Depot since they command the highest share prices.
- 04/26/2022
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3 Bank Stocks to Buy in Spite of the Fed Rate Hikes
- As indices teeter over important support lines, there are banks stocks to buy for their own tactical opportunities after their earnings. The post 3 Bank Stocks to Buy in Spite of the Fed Rate Hikes appeared first on InvestorPlace.
- 04/25/2022
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These 3 Dow Stocks Are Set to Soar in 2022's Second Half and Beyond
- Look past all the noisy, near-term headlines and remain focused on each company's bigger, long-term picture.
- 04/25/2022
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Here's How Goldman Sachs Can Achieve a Higher Valuation
- The investment bank Goldman Sachs trades at a lower valuation than peers.
- 04/24/2022
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How Market Volatility Disrupted IPO Activity for Investment Banks
- Investment banks saw a primary source of revenue drop drastically in the first quarter.
- 04/23/2022
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Financial News: Goldman Sachs keeps intern pay at $85,000 as Wall Street rivals raise salaries
- Goldman Sachs has decided not to up pay for its interns, despite hiking salaries for other lower-level roles as an intense battle for talent continues.
- 04/22/2022
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Goldman's digital checking account for the masses nears as bank tests product with U.S. employees
- Goldman's play to manage Americans' primary transaction hub is one of the more significant steps it has taken to compete directly with giants like Wells Fargo.
- 04/21/2022
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The Top Reasons to Buy ChargePoint Holdings Stock Now
- With accelerating growth, and plenty of bullish analysts, I'd use weakness as opportunity with CHPT stock. The post The Top Reasons to Buy ChargePoint Holdings Stock Now appeared first on InvestorPlace.
- 04/21/2022
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Goldman Sachs Group Named 'Top Dividend Stock Of The Dow' At Dividend Channel With 2.4% Yield
- Goldman Sachs Group has been named as the ''Top Dividend Stock of the Dow'', according to Dividend Channel
- 04/21/2022
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Goldman executive who helped create Marcus brand leaves for real estate investing start-up Cadre
- Dustin Cohn joins other former executives in departing Goldman amid its plans to scale its retail banking business.
- 04/20/2022
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The Wall Street Journal: Goldman Sachs CEO David Solomon is getting a slice of its private-equity profits
- David Solomon is getting a bigger slice of Goldman Sachs Group Inc.'s private-equity profits.
- 04/20/2022
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This Was a Growth Stock; Now Wall Street Says, "Dump It"
- Once a pandemic darling, this company has now lost 87% of its value.
- 04/20/2022
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Twilio Is Talking a Tech Turnaround
- Twilio continues to grow rapidly as its APIs prove its value. Now if it can just turn a profit, TWLO stock will soar.
- 04/19/2022
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Conflict Is Bad for the World, But Good for CrowdStrike Holdings
- Cybersecurity is as important as ever today and CRWD stock is seen by an analysts as among the “best of breed category winners.” The post Conflict Is Bad for the World, But Good for CrowdStrike Holdings appeared first on InvestorPlace.
- 04/19/2022
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Bank earnings: ‘There's been a divergence' this quarter, strategist says
- RBC Capital Markets Gerard Cassidy joins Yahoo Finance Live to discuss bank earnings amid inflation and rising interest rates as well as the outlook for investors.
- 04/18/2022
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Goldman Sachs sees 35% chance of recession in 2 years
- Yahoo Finance Live's Julie Hyman and Brian Sozzi discuss Goldman Sachs pricing in a 35% chance of recession within the next two years.
- 04/18/2022
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With Digital Checking, Goldman's Marcus Looks to Create 153-Year-Old Neobank
- Goldman Sachs was founded in 1869. But the giant financial services firm is proving nimble enough, and tech-savvy enough, to remake itself as a neobank.
- 04/15/2022
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3 Worst-Performing Dow Jones Stocks Ready to Bounce Back
- These tickers were upended for all the wrong reasons that aren't apt to last.
- 04/15/2022
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3 Undervalued S&P 500 Stocks to Buy Now
- In this article, we highlight 3 S&P 500 stocks that could be undervalued.
- 04/15/2022
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Most Indexes End Shortened Week Lower; Twitter Board Meets
- The Twitter board is holding an "all hands" meeting to decide the company's next move.
- 04/14/2022
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Morgan Stanley And Goldman Sachs: Earnings Highlights And Monetary Tightening
- The Fed has signaled monetary tightening in the coming quarters, which could throttle M&A and IPO activities. However, both Morgan Stanley and Goldman Sachs are well positioned for changing rate environments ahead.
- 04/14/2022
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Making Sense of Bank Earnings Amid Market and Economic Uncertainty
- For the Zacks Major Banks industry, which includes Citi and JPMorgan and accounts for roughly 40% of total Finance sector earnings, total Q1 earnings are on track to be down -32.9% from the same period last year on +0.6% higher revenues.
- 04/14/2022
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