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The Latest Breaking News from Goldman Sachs

Apple iPhone 15 Pro Price Increases Warranted, Goldman Sachs Says

Price increases for Apple's iPhone 15 Pro smartphones will be justified by the enhanced technology they contain, an analyst says.

Investors Business Daily

Why the Top Fintech FAANG Stock Isn't Apple or Google

Amazon has made major strides to expand its payments business in recent quarters, and could snag market share from FAANG rivals like Apple and Google.

Barchart

Goldman Sachs scores the lead underwriting position on a trio of big tech IPOs

Arm, Instacart and Klaviyo are expected to list in September.

Fortune

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Back to banking basics at Goldman Sachs

City Comment: Let Goldman go back to being Goldman

Evening Standard

Prominent investor believes one lowkey tech firm will become 'foundational'

This company just completed a $1 billion equity funding round.

The Street

Heico Stock Falls After Earnings, Record Revenue Not Enough To Satisfy Investors

Defense and aerospace electronics and parts provider Heico reported its ninth straight quarter of earnings growth late Monday.

Investors Business Daily

Goldman Sachs announces expansion plans in Hyderabad

Goldman Sachs announces expansion of its operations in Hyderabad, creating employment opportunities for thousands of professionals. Telangana Govt's pro-business environment and city's robust talent pool have enabled Goldman Sachs to open new eight-floor office with 2,000 professionals, increasing total employees to 3,000. Centre of excellence for consumer banking services, business…

The Hindu

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A.I. could boost earnings nearly 20% by replacing human jobs, Goldman says. These are the short- and long-term winners of the boom

Goldman’s vice president of U.S. equity strategy, Ryan Hammond, believes an A.I.-enabled productivity and cost-cutting boom will boost corporate earnings for years to come.

Fortune

Goldman Sachs enters Subway bidding war

Roark Capital Group, the favorite to acquire the chain, already controls Buffalo Wild Wings, Arby's and Dunkin'

Salon

Goldman Sachs issues hard-line warning to workers

The leading investment bank has made a decision affecting many employees.

The Street

Goldman Sachs Sees Government Shutdown This Year

One bad thing that didn't happen this year was a government debt default. Congress voted in June to raise the debt limit.

The Street

California banks can't quit fossil fuels

The Treasurer’s Office paid $73.2 million to banks that sell state climate bonds while still funding fossil fuels

Salon

What's wrong with a love story between a Black progressive woman and a white conservative man?

Must we accommodate political differences in our closest relationships? Or should politics and doing what’s right trump love and happiness?

The Conversation

Apple Card scoops customer satisfaction award for third year running

Apple Card has the highest customer satisfaction rating of all co-brand credit cards with no annual fee for the third year running.

iMore

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Fortune

Goldman Sachs sale of Greensky heads to finish

Second round bids for GreenSky were due earlier this month, according to four banking and private equity sources

Zenger

China’s Central Bank Takes Surprising Step As Economy Falters

The rates for the People's Bank of China's one-year medium-term loan facility were unexpectedly cut by 15 basis points to 2.5%.

Fortune

A BRICS currency replacing the dollar is a ‘ridiculous’ idea, says the top economist who named the group—unless China and India become allies

Jim O’Neill coined the term BRIC when he worked at Goldman Sachs in 2001, and he’s blasting the idea of a BRICS currency. “It’s embarrassing almost.”

Kiplinger

What Is AI Investing?

Curious about the AI investing boom? Here, we take a look at what exactly is AI and how investors can get a piece of the billion-dollar megatrend.

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Zenger

Goldman Sachs CEO’s Unyielding Approach: A Recipe For Success Or A Path To Dissent?

Goldman Sachs Group Inc (NYSE: GS) Chief Executive Officer David Solomon has navigated a path filled with both triumphs and tribulations

Barchart

Strength in Chip Stocks Lifts the Overall Market

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.58%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.18%. Stocks on Monday settled mixed. The strength in chip...

The Street

Goldman sees Fed easing rates in Q2 2024

The Fed’s federal funds rate target now sits in a range of 5.25%-5.5%, after 11 rate hikes since March 2022.

Investors Business Daily

Arista Networks: Why It Expects To See AI Revenue Upside By 2025

Arista Networks is the IBD Stock Of The Day. Analysts expect artificial intelligence-related revenue to kick in by 2025.

Barchart

Stocks Push Higher as Chip Stocks Lead Gains in Tech

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.75%. Stocks this morning are moderately higher. Strength in Nvidia...

Fortune

Goldman Sach's last CEO called David Solomon to complain about performance after he lost $50 million on its slumping stock

The billionaire Lloyd Blankfein even reportedly offered to come back to the company.

Cycling Weekly

Miami Nights take the win at a thrilling Denver NCL Cup

The Nights turn the tables on Denver at the mile-high circuit

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People

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