Category: Sachs
-
Goldman Sachs to launch three tokenization projects
•
Goldman Sachs is set to launch three token projects targeting institutional clients, with a focus on permissioned networks and private blockchains due to regulatory concerns. Goldman Sachs is preparing to launch three major token projects by the end of the year as part of its strategic expansion into digital assets.…
-
Goldman Sachs: Another sign that the dollar still stands above the ‘challengers’
•
Goldman Sachs notes another sign that the US dollar remains strong against its rivals. The broad dollar index has surpassed its October 2023 high, with recent strength attributed to the lack of rate cuts by the Federal Reserve and strong real interest rate benefits, making the dollar a formidable currency.…
-
Rising trade policy uncertainty poses a downside risk to growth: Goldman Sachs By Investing.com
•
Comments and actions on global trade policy are becoming increasingly hawkish, and a potential victory by Donald Trump in the upcoming presidential election could lead to the imposition of significant tariffs on U.S. imports, potentially leading to retaliation and escalation, according to economists at Goldman Sachs. As a result, indicators…
-
Goldman Sachs bullish on China shareholder returns By Investing.com
•
Investing.com — A trend of increasing shareholder returns among Chinese companies, especially through dividends and buybacks, is taking shape in China, Goldman Sachs analysts wrote in a note. GS said it was bullish on the issue of shareholder returns in Chinese stocks, noting that the trend had been a “rewarding…
-
Tariffs is the election-relation risk to US stocks: Goldman Sachs By Investing.com
•
Strategists at Goldman Sachs highlighted the potential impact of tariffs on US companies doing business abroad as the US election campaign gains momentum. According to the investment bank giant, tariffs can significantly impact the performance of stocks with high exposure to international revenues. “Tariffs will create headwinds to the performance…
-
Goldman Sachs Boosts S&P 500 Target on Upbeat Profit Outlook
•
(Bloomberg) — Strategists at Goldman Sachs Group boosted their year-end target for the Standard & Poor’s 500 Index for the third time, reflecting Wall Street’s upbeat expectations for earnings growth and the U.S. economy. Most read from Bloomberg The bank’s equity strategists, led by David Kostin, now expect the benchmark…
-
Goldman Sachs’ Former Executive Nikolay Karpenko Joins B2C2 as Director
•
Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24…
-
Goldman Sachs updates US Conviction List for June By Investing.com
•
Goldman Sachs on Monday updated its popular “US Convictions – Manager Cut List”, adding five stocks to its selection of buy-rated stocks from its US coverage. The five names added in the June update include Edwards Lifesciences Corp (NYSE:), Enphase Energy (NASDAQ:), Enphase Energy (NASDAQ:), Sempra Energy (NYSE:), Teradine (NASDAQ:),…
-
Goldman Sachs: Bitcoin ETFs Are an ‘Astonishing Success’
•
Goldman Sachs is taking an increasingly positive tone on Bitcoin, calling its new spot Bitcoin exchange-traded funds an “amazing success” after years of skepticism. Just in: ?? Goldman Sachs says #Bitcoin The approval of the European Training Foundation was A “A major psychological turning point” It was an “amazing success”.…
-
Goldman Sachs says the OPEC+ meeting outcome is bearish for oil
•
The summary of the OPEC+ meeting on Sunday is: The organization agreed to extend cuts of 3.66 million barrels per day for one year until the end of 2025 (they were scheduled to end at the end of 2024). Agreement to extend cuts of 2.2 million barrels per day for…
-
The ‘Magnificent 7’ term needs to be retired after Q1 earnings: Goldman Sachs By Investing.com
•
Goldman Sachs noticed a major shift among major technology companies, often dubbed the “Magnificent Seven,” following its first-quarter results. Collectively, Apple Inc (NASDAQ:)., Amazon.com Inc (NASDAQ:)., Alphabet (NASDAQ:) Inc., Meta Platforms Inc (NASDAQ:)., Microsoft Corporation (NASDAQ:), NVIDIA Corporation (NASDAQ:). ? Tesla (NASDAQ:) Inc. An increase in its profits by 48%…
-
Ibotta stock rises as Goldman Sachs, Citi assume coverage By Investing.com
•
Goldman Sachs analysts initiated coverage of Ibotta (IBTA) with a Neutral rating and a 12-month price target of $103, saying they see the stock “positively benefiting from a number of long-term secular growth themes within our sector in both countries.” Digital and grocery advertising. “In the current market environment, we…
-
OPEC+ likely to extend production cuts in June, Goldman Sachs says (NYSEARCA:USO)
•
Slavko Sereda/iStock via Getty Images Crude oil futures added modestly to gains from the previous session on Thursday that followed an unexpected decline in US inventories. A 1.4 million barrel drop in US crude inventories in the week ending May 3Supported the market After a month Joseph Dahria, Director of…
-
Goldman Sachs Lifts Bonus Cap for UK Staff, Allowing Earnings up to 25 Times Annual Salary
•
Goldman Sachs has announced it will remove the bonus cap for hundreds of senior UK bankers, enabling star employees to receive bonuses of up to 25 times their annual salary. Richard Gnaud, CEO of Goldman Sachs International, revealed the change in a video message to employees, noting that it is…