NYSE:GS - New York Stock Exchange, Inc. - US38141G1040 - Common Stock - Currency: USD
The euro rose to its strongest this year versus the dollar as the wall of cash headed for Europe’s defense industry prompts analysts to drop forecasts for parity between the two currencies.
The sharp rally in Europe’s defense shares echoes the hype seen in previous bubbles like tech. Investors are willing to fork up to take a gamble on the sector, anticipating a massive ramp up in military spending.
With increasing pressures in labor markets, humanoid robots are becoming more commonplace. Goldman Sachs says the market for these robots is projected to reach $38 billion by 2035. Agility Robotics is one of the leading companies developing – and deploying – humanoid robots. Bloomberg's Daybreak anchor, Tom Mackenzie spoke to CEO Peggy Johnson about the future of humanoid robots. (Source: Bloomberg)
The global finance giant CEO’s visit to these shores was always going to draw out Australia’s biggest names in finance and business.
Higher than expected crude supply and a likely demand hit due to softer U.S. activity and tariff escalation pose downside risks to oil price forecasts, Goldman Sachs said in a note dated Monday. The bank forecasts Brent oil to average $78/$73 a barrel for 2025/2026 and trade in a range of $70-$85 and U.S. West Texas Intermediate oil to average around $74/$68 per barrel. Brent futures fell 48 cents, or 0.7%, to $71.14 a barrel at 0620 GMT, as U.S. West Texas Intermediate (WTI) crude eased 28 cents, or 0.4%, to $68.09.
US financier Tom Wagner has grand plans for Birmingham City after a tough first year that saw the club dumped into the third tier.
IAG is understood to be working with Goldman Sachs while Allianz has JPMorgan along for the ride.
Mentions: JPM
CoreWeave, Inc., a cloud computing firm backed by NVIDIA Corp., filed its Form S-1 with the U.S. Securities and Exchange Commission on Monday, signaling its intent for an initial public offering.
BYD Company Limited, the world's leading electric vehicle manufacturer for three consecutive years announced a significant capital raise through a placement of new H shares to fund its ambitious global expansion plans and research initiatives.
(Bloomberg) -- There is a “very small” chance that the US economy tips into a recession, despite the uncertainty surrounding global trade policy, according to Goldman Sachs Group Inc. Chief Executive Officer David Solomon.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global St
There is a “very small” chance that the US economy tips into a recession, despite the uncertainty surrounding global trade policy, according to Goldman Sachs Group Inc. Chief Executive Officer David Solomon.
U.S. President Donald Trump's decision to impose tariffs is part of a plan to "level the playing field" that he views as unfair, but the end result remains uncertain, Goldman Sachs chair and CEO David Solomon told a conference in Australia. "The president firmly believes that there are imbalances with respect to how trade exists, and he has a strong point of view that he wants to level the playing field aggressively," Solomon told the Australian Financial Review Business Summit in Sydney.
Steve Barry, chief investment officer of fundamental equity at Goldman Sachs Group Inc.’s asset management business, is set to retire after a 26-year run at the firm.
The Federal Deposit Insurance Corporation board of directors approved a proposal to rescind the agency’s 2024 Statement of Policy on Bank Merger...
Goldman Sachs Group Vice Chairman Robert Steven Kaplan, a former Federal Reserve Bank of Dallas president, talks about impact of Trump’s impending tariffs and the outlook for the Fed. (Source: Bloomberg)
Robert Kaplan, Goldman Sachs vice chairman, says CEOs he speaks with around the country are skeptical about whether the US will hit Mexico and Canada with new tariffs. Kaplan says many think there needs to be a better strategy for North American trade. He speaks to Bloomberg's Julie Fine in Dallas. (Source: Bloomberg)
Saudi Arabia’s Public Investment Fund is set to become an anchor investor in a series of new funds from Goldman Sachs Asset Management focused on the kingdom as well as all six states of the Gulf Cooperation Council, according to a statement seen by Bloomberg News.
Europe’s initial public offering market is expected to accelerate later in the year after a slow start, led by German listings, according to survey of equity capital market bankers by IPO advisory firm Queens Lane.
Mentions: MS
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. Diaz-Pintado, who has worked at Goldman Sachs for 26 years, was responsible for the expansion of the investment banking franchises in Spain and Portugal. In Spain, Goldman Sachs is advising Sabadell in its defence strategy against BBVA's hostile takeover bid worth more than 12 billion euros ($12.60 billion).
(Bloomberg) -- Any rebound in the S&P 500 Index is likely to prove temporary amid concerns about the US economy, according to Goldman Sachs Group Inc. strategists.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkNJ Transit to Deploy Customer-Service Teams After Record Delays
Any rebound in the S&P 500 Index is likely to prove temporary amid concerns about the US economy, according to Goldman Sachs Group Inc. strategists.
The Goldman Sachs, The Progressive, Boston Scientific and Cooper-Standard are included in this Analyst Blog.
Goldman Sachs Group Inc and BofA Securities rolled back some of their bearish forecasts for the yuan on the heels of fresh threats from US President Donald Trump to impose additional tariffs on China.
The sale, which launched close to midnight on Thursday, came a day after the pharmaceutical group’s founders had sold off a big stake. Shares fell 6.5 per cent.
The Wall Street bank has named Tim Freeman and Jared Baker to co-head its new Capital Solutions Group in Australia and New Zealand.