Goldman Sachs CEO David Michael Solomon attends a discussion on “Women Entrepreneurs Through Finance and Markets” at the World Bank on October 18, 2019 in Washington, DC. Olivier Douliery ...
Tag: Goldman
Dow Jumps 300 Points After Solid Earnings From Goldman, Bank Of America
Topline The stock market rallied on Monday to kick off a big week of earnings as the latest quarterly results from big banks provided further clues about the health of the economy, with investors now ...
Why the Fed won’t raise interest rates by 100bps next week, according to Goldman Sachs
The Federal Reserve will stop short of unleashing its inflation-fighting bazooka when it meets to decide the fate of interest rates later this month, economists at Goldman Sachs think. “This sof...
Goldman Sachs, Coinbase and more
Take a look at some of the biggest movers in the premarket: Goldman Sachs (GS) – Goldman gained 2.6% in premarket trading, following upbeat profit and revenue. Second-quarter earnings came in at $7.73...
Goldman Sachs (GS) 2Q 2022 earnings
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs is scheduled to report second-quarter earnings before th...
Chip Stock Earnings Estimates Still Look Way Too High, Goldman Analyst Warns
Text size Goldman Sachs’ cuts to earnings forecasts for chip manufacturers were both broad and deep. Dreamstime Chip stocks are gaining ground on Friday following better-than-expected financial ...
JPMorgan Chase, Goldman Sachs, Conagra Brands and more
Pedestrians pass in front of a JPMorgan & Chase bank branch automated teller machine (ATM) kiosk in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Check out the companies...
Goldman Sachs hires Alphabet tech incubator CEO Jared Cohen for new innovation group
Jared Cohen Anjali Sundaram | CNBC Goldman Sachs CEO David Solomon has hired another senior executive from the technology sector. The investment bank is adding Alphabet‘s Jared Cohen, a protege ...
Euro slips closer to parity as Goldman warns the ECB could respond more ‘forcefully’ to a weak currency’
As the euro moved ever closer toward parity on Tuesday, one big Wall Street bank warned that investors may be underestimating the firepower of the bloc’s central bank. Pressure resumed on the common c...
Strong Job Market Keeping Economy Safe For Now, Goldman Says
Topline Economists at Goldman Sachs on Monday doubled down on their belief that the economy will avoid a recession this year thanks to the strength of the labor market, which has shown signs of slowin...
Home prices may still rise, but car values are set to fall from pandemic peak: Goldman
Homes and vehicles are two big-ticket items that most American families will require financing to obtain. There’s some good news — and bad news — when looking at both assets in the next two years, acc...
‘We believe this move has overshot,’ Goldman Sachs says
The violent sell-off in oil prices amid recession fears may prove short-lived, according to Goldman Sachs. “We believe this move has overshot,” Goldman Sachs commodities strategist Damien ...
first Bitcoin futures transactions- The Cryptonomist
Goldman Sachs is no stranger to taking an interest in crypto, it had done so before and probably alongside Barclays is the financial institution of global reach that has taken the most interest in dig...
Goldman Sachs executes first Bitcoin futures trade in Asia
Despite the cryptocurrency market still reeling from the collapse it has gone through in the past weeks, major financial institutions are increasingly recognizing the opportunities that the new asset ...
Goldman Sachs Bets Big On This Bitcoin Product
While the sentiment in cryptocurrency market is probably at its lowest levels, big financial institutions continue to make positive moves. The last few months were characterized by regular hurdles to ...
Goldman Sachs Bullish on These 2 Software Stocks for at Least 50% Upside Potential
We saw something of a rally in the markets last week, but was it just the famous ‘dead cat’ bounce? A look at the charts might suggest that. Since the beginning of April, we seen two short rallies in ...
Goldman Sachs Expresses Opinions On Two Prominent Crypto Exchanges Amidst Crypto Winter
The Crypto market has witnessed a lot of bearish trends lately, with an impact on a lot of crypto-related entities. And amidst the current constant decline in the crypto asset prices and low activity....
Goldman Sachs downgrades Coinbase shares to “sell”
The shares of Coinbase have been facing a massive decline during the past 24 hours. The exchange shares have dropped by double digits to trade at $54.88 at the time of writing. The dip in COIN comes a...
Goldman Sachs Downgrades Coinbase Shares, Predicts 60% Revenue Decline
Coinbase shares fell 9% to $56.88 on Monday after Goldman Sachs downgraded the company to “sell” from “neutral,” and lowered its price target to $45 from $70. Analyst Will Nance also wrote in a note t...
Coinbase Stock Tumbles By Over 10% In A Single Day With Goldman Sachs Pulling The Strings ⋆ ZyCrypto
Advertisement     Coinbase’s valuation took a hit after Goldman Sachs analysts changes their sentiments on the company to ‘sell’. Goldman Sachs predicts that Coinbase’...
Goldman Sachs Sees Losses From Consumer Push Exceeding $1.2 Billion This Year
(Bloomberg) — When Goldman Sachs Group Inc. executives set out to woo investors in early 2020, they offered a promising outlook for their novelty Main Street business. The unit would go from a m...
Goldman Sachs downgrades Coinbase stock to ‘sell’
Shares of Coinbase Global Inc. (COIN) have been downgraded by analysts at Goldman Sachs after plunging cryptocurrency prices affected the exchange’s underlying business, underscoring the challenges po...
Goldman Sachs suggests shorting Coinbase
In a report published yesterday, Goldman Sachs suggested selling shares in Coinbase (COIN). Indeed, the US investment bank has changed from a “neutral” to a “sell” rating, putting the target price at ...
Goldman Predicts More Pain for Coinbase
Alex Dovbnya Goldman Sachs has predicted that Coinbase may have to expand its firing spree American banking giant Goldman Sachs has downgraded the Coinbase price target to “sell,” cutting ...
Goldman Sachs and Wells Fargo Boost Shareholder Payouts
The largest U.S. banks said they would increase payouts to shareholders after the Federal Reserve said the banks are able to keep lending in a severe hypothetical recession. Four of the six biggest ba...
Shares in Coinbase down 5% in pre-market as Goldman Sachs downgrades stock to sell
Coinbase (COIN) was downgraded from buy to sell by Investment bank Goldman Sachs on Monday, while shares plunged over 5% in pre-market trading. Goldman Sachs has downgraded Coinbase after several wee...
Coinbase Sinks as Goldman Downgrades to Sell After 75% Rout
(Bloomberg) — Goldman Sachs Group Inc. analysts downgraded Coinbase Global Inc. to a sell rating as the crypto winter continues to take its toll on the struggling digital currency exchange. Most...
Goldman Sachs Reportedly Downgrades Coinbase’s Stocks to ‘Sell’ as COIN Drops 9% Daily
The multinational investment giant – Goldman Sachs – reportedly recommended selling Coinbase (COIN) stocks is a better option than holding or buying them at the moment. As a result, shares of the exch...