Goldman Sachs Group is a leading global investment banking, securities, and investment management firm that provides a wide range of financial services to a diverse client base, including corporations, financial institutions, governments, and individuals. The company engages in various activities, including financial advisory services, underwriting of capital market transactions, asset management, and market making in securities and commodities. It is known for its expertise in mergers and acquisitions, risk management, and investment strategy, leveraging its extensive research capabilities and global reach to deliver innovative solutions in an ever-evolving financial landscape. Read More
Amid the turmoil and uncertainties in recent months, U.S. equity markets have reached a staggering new milestone, with market capitalization hitting $63.8 trillion.
Goldman Sachs Group Inc. expects the Federal Reserve to deliver three quarter-point interest rate cuts this year, revising its outlook upward amid muted tariff effects and labor market weakness, the Wall Street brokerage said on Monday.
Financial analyst and strategist Tom Lee stated Monday that Ethereum (CRYPTO: ETH) will play a crucial role in the banking sector’s future, highlighting the rationale for buying and holding the second-largest cryptocurrency in reserves.
Goldman Sachs cited improving transportation margins and a decline in construction equipment capital stock, which is its “favored lead indicator” for future capital expenditures, as key reasons for its upgrade on Oshkosh.
Small-cap player Niu, “Tesla killer” BYD and Xpeng have offered way better returns than Ford, GM or Tesla amid a chaotic six-month period punctuated by President Trump’s tariff blitz.
The Nikkei-225 index fell 0.9% at the open as Trump threatened to impose a fresh tariff level on the Asian country. The MSCI Asia-Pacific Index rose 0.2%.
According to the South African daily Business Day, Starlink has agreed to a deal with the South African authorities ahead of the country hosting the G20 summit.
According to a report by The Wall Street Journal, the bank sold the properties in the spring to Sani/Ikos Group, a privately held company that owns and operates hotels in Greece and Spain.
