The early big selloff in the Dow Jones Industrial Average DJIA is unanimous, as the stocks of all 30 components were trading lower. The biggest losers were members of the financial sector, which conti...
Tag: Goldman
Goldman Sachs has a patent granted focusing on blockchain technology
Goldman Sachs has filed a patent with the US Patent office for a piece of blockchain technology it hopes to integrate with its settling mechanism — outlining the technical and computational requiremen...
Federal Reserve To Pause Interest Rate Hikes This Month, Forecasts Banking Giant Goldman Sachs: Report
US financial titan Goldman Sachs reportedly believes that the Federal Reserve will not raise interest rates this month following the high-profile collapses in the banking sector. Goldman Sachs’ chief ...
Goldman Sachs Now Expects No Rate Hike in March Due to Stress in US Banking System – Economics Bitcoin News
Goldman Sachs has revised its U.S. interest rate forecast due to “stress in the banking system.” The global investment bank no longer expects the Federal Reserve to raise interest rates at its Federal...
FED Is Unlikely To Hike Interest Rates In March Amidst Banking Stress And Chaos: Goldman Sachs
The current state of the cryptocurrency market seems to be very unstable. With banks collapsing, stablecoin de-pegging, and the Fed raising interest rates, there is turmoil everywhere. The year began ...
Goldman Sachs No Longer Expects Fed’s Interest Rate Hikes
15 seconds ago | 2 mins read Bitcoin News American multinational investment firm Goldman Sachs predicts no longer interest rate hikes. Silicon Valley Bank collapse gave shockwaves in the crypto indust...
Goldman Analysts Forecast No Fed Rate Hike In March
Topline Analysts at Goldman Sachs on Sunday said it “no longer expects” the Federal Reserve to hike interest rates later this month, after federal regulators moved to swiftly shield the U.S. banking s...
Goldman Sachs no longer expects the Fed to hike rates in March
Goldman Sachs logo displayed on a smartphone. Omar Marques | SOPA Images | LightRocket via Getty Images Goldman Sachs no longer sees a case for the Federal Reserve to deliver a rate hike at its meetin...
Fed Bets Pared as Goldman Scraps March Hike Call on Flaring Risk
(Bloomberg) — Less than a week after Federal Reserve Chair Jerome Powell opened the door to a re-acceleration in the pace of interest-rate hikes, traders slammed it shut again amid the sudden er...
‘Buy the Dip in Bank Stocks,’ Goldman Sachs Says. Here Are 2 Names to Consider
Last week ended with the worst day for bank stocks since the financial crisis of 2008. The collapse of Silicon Valley Bank, the country’s 16th largest banking firm and the lender of first resort for t...
Goldman Sachs Sees Over 60% Upside in These 3 Lesser-Known Stocks — Here’s Why They Could Jump
Slow disinflation and a still-strong jobs market have sparked fears the Fed may be readying to pull the trigger on further aggressive rate hikes in an effort to cool off economic activity and bring in...
Goldman Says Buy Apple After Years on Sidelines of 300% Advance
(Bloomberg) — Goldman Sachs Group Inc. is recommending buying Apple Inc. shares for the first time in nearly six years, after being mostly on the sidelines as the iPhone maker’s stock more than ...
Subway’s Potential $10 Billion Sale Draws Goldman, Bain: Sky
(Bloomberg) — Goldman Sachs Group Inc.’s asset management arm and Bain Capital are among parties interested in acquiring the sandwich chain Subway, Sky News said. Most Read from Bloomberg Goldma...
Goldman Sachs is among the suitors hoping to buy Subway for an estimated $10 billion: Report
The late co-founders of Subway, Fred DeLuca and Peter Buck, had little inkling decades ago their sandwich shop in Bridgeport, Conn., would grow into one of the world’s largest restaurant chains—or tha...
Goldman Sachs Looking to Scale Their Operations Using Blockchain
The 21st century is the era of tech marvels. A majority of companies operating today are using advanced equipment to enhance their productivity. Blockchain has managed to enter major markets and attra...
Goldman Sachs still open to crypto hires amid massive 3,200 staff cut
Goldman Sachs’ digital assets unit is reportedly open to bolstering its 70-strong team, despite a massive cost-cutting exercise at the firm last month that will see 3,200 employees clear their desks. ...
Goldman Sachs is hiring to its blockchain division amid layoffs
Investment bank Goldman Sachs has announced it is open to hiring in its digital asset division to support employment in blockchain applications. Although crypto prices have slowly started rising, hiri...
Goldman Sachs To Bolster Crypto Team With New Hires Following Layoffs
In January 2023, Goldman Sachs, a multinational investment bank, announced plans to cut around 3,200 staff as part of a cost-cutting exercise. However, despite this move, the bank remains open to hiri...
Goldman Sachs Sees at Least 70% Gains in These 2 Stocks — Here’s Why They Could Soar
With signs suggesting inflation is finally being tamed, 2023 opened with hope the Fed will take a less aggressive stance in its efforts to tame it and will start cutting interest rates. However, don’t...
How Goldman Sachs is Building on Blockchain
The investment bank Goldman Sachs is “hugely supportive” of blockchain technology and has been developing a tokenization platform on the blockchain. As the blockchain industry matures, nations and ban...
Goldman CEO David Solomon says asset management is the new growth engine
Goldman Sachs CEO David Solomon said Tuesday that asset management and wealth management would be the growth engine for the bank after his efforts in consumer finance went awry. “The real story ...
Goldman Sachs CEO sees growth opportunity in ‘asset management’
Goldman Sachs Group Inc (NYSE: GS) opened down today after CEO David Solomon confirmed that the Wall Street bank was considering “strategic alternatives” for its consumer businesses. CEO Solomon’s tak...
Shell stock could rally another 40% from here: Goldman Sachs
It’s still not too late to build a position in Shell PLC (LON: SHEL) even though it’s already returned nearly 35% since late September, says Michele Della Vigna – Analyst at Goldman Sachs. Shell stock...
Goldman Sees 8% Risk Premium in Shekel, Warns on Short-Term Pain
(Bloomberg) — Analysts at Goldman Sachs Group Inc. are reluctant to call the worst is over for the shekel after a “significant” risk premium built up in the Israeli currency as a result of domes...
This biotech stock could double from here: Goldman Sachs
Vir Biotechnology Inc (NASDAQ: VIR) jumped nearly 10% this morning after a Goldman Sachs analyst turned super bullish on the clinical-stage immunology company. Vir stock has upside to $53 a share On T...
Goldman Sachs Analysts Foresee 24% Surge in China Stocks as Country Consolidates on Growth Phase
Goldman Sachs reckons that stocks in China would surge substantially at the end of the year on an improving economy. Goldman Sachs (NYSE: GS) analysts believe that stocks in China could surge as high...
Former Goldman Sachs Banker Identifies ‘Powerful’ Crypto Asset Sector That Investors Can’t Get Head Around
Former Goldman Sachs executive Raoul Pal says one crypto asset sector is stumping market participants but has the potential to yield big gains in the future. In a new video update, Pal tells his YouTu...
China stocks have another 24% upside from here: Goldman Sachs
China stocks have already rallied close to 60% since late October but a Goldman Sachs’ strategist is convinced they still have more room to the upside. Lau’s year-end target for China stocks Kinger La...
Rio Tinto share price stalls as Goldman Sachs lifts iron ore outlook
Rio Tinto (LON: RIO) share price is hovering near its all-time high as iron ore makes a comeback. The stock was trading at 6,124p in London, a few points below its record high of 6,347p. It has been o...
Goldman Strategists See 24% Jump in Chinese Stocks by Yearend
(Bloomberg) — Goldman Sachs Group Inc. strategists expect the selloff in Chinese stocks since late January to reverse as the nation’s economic reopening delivers windfall profits for businesses....
Goldman Sachs Says BTC Is Already the Asset of the Year
Bitcoin has support from one of Wall Street’s biggest players. Recently, financial giant Goldman Sachs issued a new report claiming that BTC is one of the best performing assets of the year thus far, ...
Apple’s stock surges again after Goldman says to buy, citing nearly 30% upside potential
Shares of Apple Inc. surged toward a third straight gain Monday after Goldman Sachs analyst Michael Ng urged investors to buy, as a growing installed base of users, which encourages repeat purchases, ...