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Wall Street Sells £4.41B of X Loans as Investors Bet on Strong Financials, Advertisers Returning to Musk's Firm
X's improving 2024 EBITDA, major advertisers like Apple mulling a comeback to the platform, and Amazon ramping ad spending led investors to buy £4.41B of 2022 debt used by Musk to take over the social networking platform.
Trump's Davos Speech, Stargate AI Plan, and Robust Earnings Lift S&P 500 To All-Time High
Trump's sweeping policy changes, cooling US Core CPI inflation data for December, a resilient economy, and a strong earnings season played a key role in the S&P500's rapid climb.
CPI Report for December Jumps 2.9%, Core Prices Come In Cooler To Lower Yields and Propel US Stocks
Better-than-expected Core CPI for December led to a sharp fall in US Treasury yields as stocks gained premarket, boosted by phenomenal banking results.
Wall Street Shares 4 AI Predictions and Top Stock Picks for 2025
Wall Street giants like Goldman Sachs and UBS think AI investments will continue to grow in the coming years as the AI revolution transitions to Phase 3 of companies monetising the technology to boost revenue streams.
Dismissed for Taking Paternity Leave? Goldman Sachs Banker Sues for £4m in Damages
An employment tribunal has determined that a Goldman Sachs banker who was fired in 2022 following six months of paternity leave was the victim of sexual discrimination.
'I Was Making Rich Men Richer': Ex-Goldman Sachs Advisor Raises £1.2M to Tackle UK's £567 Billion Gender Wealth Gap
Britain's gender investment gap currently stands at £567 billion — an increase of £54 billion between January 2023 and January 2024
Goldman Sachs: Harris Is Better For Americans Vs Trump—More Jobs, Increased Consumer Spending And More
A Goldman Sachs report revealed that Democratic nominee Kamal Harris's economic agenda is positioned to boost the US economy by creating more jobs, lowering living costs, and imposing tax hikes on conglomerates and the wealthy.
Goldman Sachs Executive With 6-Figure Salary Quits Job To Become Stay-At-Home Dad So Wife Can Focus On Career
Former Goldman Sachs banker transitions to a stay-at-home dad, promoting greater male involvement in childcare to empower women's professional pursuits.
Dividend Stocks to Climb as Investors Could Start Deploying $6 Trillion Parked in Money-Market Funds, Says BofA
Analysts see factors like potential rate cuts, ample cash reserves, and dividend payouts from mega-cap tech companies lifting dividend stock prices in the remainder of 2024.
Goldman Sachs Expects Market Sentiment To Support Smaller Firms, Sees Upside of up to 165% for Two Biotech Stocks
Goldman Sachs analysts believe small- and equal-weight benchmarks will keep outperforming unless Q2 reports of big tech companies lead analysts to bump their sales forecasts for the latter half of this year and 2025.
Goldman Sachs invests $2 billion in Black women-owned businesses
The global financial institution, Goldman Sachs has announced that it will invest more than 2 billion dollars into Black women-owned businesses and organisations through its One Million Black Women program.
Goldman Sachs expects commodities supercycle
Goldman Sachs expects a commodities supercycle driven by China and the capital flight from energy markets and investment this month after concerns triggered by the banking sector, the U.S.
Oil edges up on historic Swiss banks deal, central banks support
Oil prices rose on Monday after suffering their biggest weekly loss in months as UBS struck a deal to buy Credit Suisse and some of the world's largest central banks sought to reassure and stabilise global financial markets.
Credit Suisse meets to weigh options, under pressure to merge with UBS
Credit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank as regulators urged it to pursue a deal with Swiss rival UBS AG.
Goldman Sachs, other banks expect smaller hike from ECB in May
Goldman Sachs, Morgan Stanley and at least two other banks expect the European Central Bank to deliver a smaller quarter-point hike in May, as it grapples with stress in the banking sector and high core inflation.
Ex-Goldman banker Ng deserves 15 years in prison, US prosecutors say
U.S. prosecutors on Friday urged a judge to sentence former Goldman Sachs banker Roger Ng to 15 years in prison after he was convicted of helping loot billions of dollars from Malaysia's 1MDB sovereign wealth fund.
Goldman Sachs lays out key targets ahead of crucial investor day
Goldman Sachs Group Inc would aim to grow fees from asset and wealth management and try to make profits from a newly-created unit, the investment bank said on Tuesday, laying out its key priorities at the start of its second investor day.
Goldman Sachs now expects three more Fed rate hikes in 2023
Goldman Sachs said it was expecting the U.S. Federal Reserve to raise interest rates three more times this year by a quarter of a percentage point each, after data this week pointed to persistent inflation and resilience in the labor market.
Goldman Sachs CEO touts bank performance as some investors balk
To listen to Goldman Sachs Group Inc chief executive David Solomon, the bank is doing "great," while skeptical investors wonder what comes next.
Goldman Sachs' long-running gender bias lawsuit set for June 2023 trial
A U.S. federal judge on Monday rejected Goldman Sachs Group Inc's bid to dismiss most of a 12-year-old class action alleging widespread bias against women in pay and promotions, and said the case will finally go to trial next June.
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.
Goldman Sachs orders US staff to report Covid-19 vaccine status
The Goldman requirement is the latest adjustment by a big company as more of the United States reopens with vaccinations becoming widespread.
Prince Harry in talks with Goldman Sachs for paid speaking gigs
Prince Harry and Meghan Markle step into the corporate world through ambassador and guest speaker work.
Apple vs. Samsung: Galaxy Fold a problem for Tim Cook, Goldman Sachs says
The Samsung Galaxy Fold will force Apple to respond with a similar device.
IMDB scandal: Tim Leissner former Goldman Sachs heavy hitter pleads guilty, forfeits $43.7m
Husband of fashion designer Kimora Lee Simmons played a leading role in the pillaging of Malaysia's sovereign fund.
Uber going public? What to know about the ride-sharing company
Uber IPO valued at $120 billion making it worth more than Ford and General Motors
Uber IPO valued at $120 billion, worth more than Ford and General Motors - report
Due to a series of scandal there are many hurdles for Uber to clear before an initial public offering can be considered.
Goldman Sachs' retreat from cryptocurrencies tanks Bitcoin price
Bitcoin recently hit by rumours of insider trading.
Lloyd Blankfein retires as Goldman Sachs CEO, David Solomon to take over
Goldman Sachs said veteran investment-banker would succeed Lloyd Blankfein as chief executive Oct. 1.
Goldman Sachs enjoys 26pc surge in profits thanks to lower tax and buoyant trading
Goldman earned $2.83 billion, or $6.95 a share, compared with $2.26 billion, or $5.15 a share, in the same period a year earlier.