dow-jones
Goldman Sachs Cut to Underperform From Perform by Oppenheimer
Goldman Sachs Cut to Underperform From Perform by Oppenheimer
Wall St set for subdued open on final trading day of strong quarter
By Niket Nishant and Avinash PWall Street's main indexes were on course for a muted open on the final trading day of a quarter that saw equities post the biggest gains in years.A slew of economic data, including the JOLTS job openings report and the Conference Board's consumer confidence index, wi…
Oppenheimer makes rare cuts to top US investment banks, backs alternative asset managers
Brokerage Oppenheimer downgraded major U.S. investment banks including Goldman Sachs NYSE:GS and Morgan Stanley NYSE:MS in an unusual move on Tuesday, saying current valuations leave limited room for further gains despite a favorable operating environment.Instead, it recommended investors sell larg…
Junior bankers will survive the AI onslaught
By Liam ProudStroll through Midtown Manhattan or London's Canary Wharf after midnight and you'll see a surprising number of office lights on. The desk-dwellers are likely to be aged between 21 and 25, and they'll be busy sweating the minor details of a spreadsheet or checking the font sizes in a s…
Fed's A+ grade glosses Wall Street trading risks
By Stephen GandelHow much would Wall Street lose if markets plunged 58%? According to the Federal Reserve, not much. The U.S. central bank’s latest stress tests project that JPMorgan NYSE:JPM, Bank of America NYSE:BAC, Citigroup NYSE:C, Morgan Stanley NYSE:MS and Goldman Sachs NYSE:GS would collect…
US stock futures tick up as strong quarter nears end
By Niket Nishant and Avinash PWall Street futures ticked higher on Tuesday, during the final trading day of a quarter that saw equities post the biggest gains in years.A slew of economic data, including the JOLTS job openings report and the Conference Board's consumer confidence index, will be in…
reuters
Goldman says don't rotate from Asia's tech winners
GOLDMAN SAYS DON'T ROTATE FROM ASIA'S TECH WINNERSLower oil prices and easing Iran tensions have boosted the case for European equities, with investors debating whether leadership could broaden beyond the U.S. technology trade.Goldman Sachs sees a similar question in Asia: should investors rotate i…
Quant funds just suffered their most crippling trading rout this year as momentum stocks flopped
By Jules RimmerUnwinding crowded trades cost quant funds 1% in performance on Monday aloneSystematic trading funds represent a significant investment class and account for a large percentage of daily trading volue in most major equity marketsThe second quarter of 2026 is ending very badly for so-ca…
Goldman Sees S&P 500 Earnings Jumping 22% on AI Boom
Goldman Sachs NYSE:GS strategists have projected another strong earnings season for US companies, with the AI investment boom and windfall energy profits potentially driving the next major test for the market. Analysts expect S&P 500 (SPY) earnings to rise 22% in the second quarter, a hurdle Goldma…
dow-jones
Goldman Sachs Is Maintained at Equal-Weight by Morgan Stanley
(17:35 GMT) Goldman Sachs Price Target Raised to $1099.00/Share From $1021.00 by Morgan Stanley
AI Will Drive Earnings Growth — Again, Goldman Predicts — Barrons.com
By Martin BaccardaxGoldman Sachs' top equity strategist isn't expecting a second-quarter earnings season that matches the fireworks of the first quarter, but he's still forecasting impressive profit growth tied to the theme that has gripped the current bull market for almost four years now: AI.Ben…
Fed's A+ grade glosses Wall Street trading risks
By Stephen GandelHow much would Wall Street lose if markets plunged 58%? According to the Federal Reserve, not much. The U.S. central bank’s latest stress tests project that JPMorgan NYSE:JPM, Bank of America NYSE:BAC, Citigroup NYSE:C, Morgan Stanley NYSE:MS and Goldman Sachs NYSE:GS would collect…
Bank of America hires Goldman's Srijith Nair for senior Asia banking role, sources say
By Yantoultra NguiBank of America NYSE:BAC has hired Srijith Nair from Goldman Sachs NYSE:GS to lead its financial institutions group (FIG) coverage in Asia excluding China and Japan, two sources with knowledge of the move said.
Bank of America hires Goldman's Srijith Nair for senior Asia banking role, sources say
By Yantoultra NguiBank of America NYSE:BAC has hired Srijith Nair from Goldman Sachs NYSE:GS to lead its financial institutions group (FIG) coverage in Asia excluding China and Japan, two sources with knowledge of the move said.
cnbctv
Goldman Sachs says stick with Asia's winners, keep diversifying into commodities
Asian stocks still have room to run even after a blistering first-half rally, while investors should continue diversifying into commodities as geopolitical shocks reinforce long-term demand for metals and energy infrastructure, Goldman Sachs said.The Wall Street bank highlighted that the same struc…
Chinese AI, chip firms are driving an onshore IPO rebound
By Kane Wu and Yantoultra NguiChina's onshore technology IPOs are on track for their strongest year since 2023 as Beijing seeks to bolster listings of chip and artificial intelligence companies in a push for tech self-reliance amid the country's rivalry with the U.S.Technology companies have raised…