NYSE:GS - New York Stock Exchange, Inc. - US38141G1040 - Common Stock - Currency: USD
The Nifty 50 and Sensex, India's benchmark stock indexes, are hovering at more than seven-month lows, firmly in correction territory since their September high.
Brighthouse Financial Inc., spun off from MetLife Inc. almost eight years ago, is considering selling itself, the Financial Times Reported, and high-profile alternative asset managers are expected to bid for the life insurer and annuity provider.
Steve Feinberg’s Cerberus Capital Management tapped Goldman Sachs Group Inc. for a potential sale of all or part of his ownership stake in the firm as he prepares to take a role in the Trump administration.
Talks between Deutsche Bank, its asset management arm DWS and Chinese lender Postal Savings Bank of China (PSBC) over a joint venture in China have collapsed after the German firm resisted Beijing's request to boost its stake, sources said. Deutsche Bank's majority-owned fund arm DWS has long been targeting expansion in China's asset management business and has been speaking to PSBC for about five years, said two sources with direct knowledge of the matter. Calling off the JV talks deals a blow to the German firm's China ambitions, after Beijing introduced a new framework under which BlackRock and Goldman Sachs partnered with large Chinese banks to meet Chinese investors' growing needs.
The IPO comes as European companies increasingly look to list their U.S. units in New York in search of deeper capital markets, higher valuations, and a wider investor base. Titan Cement International last year announced its intention to carve-out its U.S. business and list the unit in New York in early 2025 to raise funds for growth. The unit is offering 9 million shares, while parent Titan Cement is selling 15 million shares priced between $15 and $18 each to raise up to $432 million.
After a historic selloff, which saw over a trillion dollars wiped off the stock market and Nvidia dropped by the biggest single-day loss in value for a single company, markets begin to bounce back. Investors buy the dip as the dust settles on Chinese AI entrant DeepSeek's paradigm-shifting R1 model. Peter Oppenheimer of Goldman Sachs calls out sell off a correction, not a bear market and stands up for exceptional US stock valuations. Patrick Armstrong of Plurimi Wealth thinks the revelation of cheaper costs to produce state of the art LLMs as bearish for Nvidia. BC Partners' Europe Chairman, Nikos Stathopoulos, thinks tariffs can boost Europe. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)
Peter Oppenheimer, chief global equity strategist at Goldman Sachs, says the selloff in tech stocks doesn’t really change “the underlying fundamental story” as the foundations of the US and global economies are “still pretty supportive for the market, and indeed the tech sector.” (Source: Bloomberg)
Below, we share three top-ranked Goldman Sachs mutual funds. Each has a Zacks Mutual Fund Rank #1 (Strong Buy).
Goldman Sachs told clients Chris Gawler’s coverage would be shared across the local small and mid caps team.
Jeff Egee, Goldman Sachs Group Inc.’s head of leveraged finance trading in Europe, is set to join Silver Point Capital, according to people with knowledge of the matter.
(Bloomberg) -- Jeff Egee, Goldman Sachs Group Inc.’s head of leveraged finance trading in Europe, is set to join Silver Point Capital, according to people with knowledge of the matter.Most Read from BloombergWhat Happened to Hanging Out on the Street?Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Egee is
AI-exposed power stocks tumbled alongside a tech sell-off as Chinese startup DeepSeek sparked investor concerns over AI chip spending by US companies.
AI-exposed power stocks tumbled alongside a tech sell-off as Chinese startup DeepSeek sparked investor concerns over AI chip spending by US companies.
GS analyst maintains Buy on T with $28 target. Expects modest rise in stock after in-line results and solid quarter with strong metrics.
AI-exposed power stocks tumbled alongside a tech selloff as Chinese startup DeepSeek sparked investor concerns over AI chip spending by US companies.
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. Duffner, who joined Goldman Sachs as an analyst in 2005 and was promoted to managing director in 2017, will become the head of ASA (activism and shareholder advisory) in EMEA in addition to his responsibilities as head M&A for the consumer retail group in EMEA, according to a memo to Goldman staff seen by Reuters.
Twilio, Qorvo upgraded: Wall Street's top analyst calls
Hedge funds were already waiting to see if a U.S.-fostered, home-grown artificial intelligence boom would continue as China's new AI model was emerging to challenge U.S. dominance in the sector, a Goldman Sachs note said. Nasdaq futures slumped and technology shares slid on Monday as the swelling popularity of a Chinese discount AI model wobbled investors' faith in the profitability of what the United States has to offer. Last week, hedge funds fled their bets on tech stocks, a Goldman Sachs note from Friday and seen by Reuters Monday showed.
Diving into the “messy inbox problem.”
Even after a 20% surge on Friday, Goldman Sachs thinks Twilio shares have further room to run.
Sweeping US sanctions on Russia’s oil industry are unlikely to result in a “large hit” to production, as higher freight rates and the nation’s cheap crude support the trade, according to Goldman Sachs Group Inc.
The Philippine peso is veering toward an all-time low as the nation’s central bank plans to cut interest rates further in the face of slowing economic growth.
XRP's biggest headwinds are dissipating as fresh tailwinds kick in.
XRP's biggest headwinds are dissipating as fresh tailwinds kick in.
Shares of Johnson & Johnson stock have declined by 11.5% in the quarter, and markets are calling for a bottom and rally here.
Goldman Sachs named its favorite stocks to buy heading into earnings.
Let's have a look at the S&P500 stocks with an unusual volume in today's session.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Wednesday as we examine the latest happenings in today's session.
Curious about which S&P500 stocks are generating unusual volume on Wednesday? Find out below.
Top movers analysis in the middle of the day of S&P500 on 2025-01-15: top gainers and losers in today's session.
These S&P500 stocks are gapping in today's session