Goldman Sachs (NYSE:GS) has lodged an appeal with the U.S. Federal Reserve challenging the regulator’s most recent “stress test”, which is set to force the bank to hold a greater amount of capital, the Financial Times reported on Sunday, citing people familiar with the matter. The Fed’s stress test determinesContinue Reading
U.Today – The crypto market is gearing up for a potential turnaround in July, which will be fueled by several crucial factors. Here are five major indicators to watch: Federal Reserve’s potential rate cuts The Federal Reserve may cut interest rates as early as September, according to recent rumors, andContinue Reading
Goldman Sachs argued that the artificial intelligence (AI) trade that Wall Street has been riding for the past 18 months has come under increased scrutiny of late as market participants are starting to show some concerns. The investment bank, in an updated research note on Wednesday, said investors were skepticalContinue Reading
Wirestock/iStock Editorial via Getty Images Six Flags Entertainment Corporation (NYSE:FUN) dropped on Wednesday after Goldman Sachs issued some cautious comments on the theme park company as it picked up coverage. Analyst Lizzie Dove warned that revenue synergies may be challenging to achieve for the new company. “We assume that FUNContinue Reading
Nikada The earnings growth premium earned by the biggest stocks within the S&P 500 (SP500) is expected to narrow through 2026, said Tony Pasquariello, global head of hedge fund coverage and global markets division at Goldman Sachs, in a markets/macro note. In 2023, the annual earnings growth by the fiveContinue Reading
Michael M. Santiago/Getty Images News Seaport Research Partners analysts are downgrading The Goldman Sachs Group Inc. (NYSE:GS) from “buy” to “neutral.” Senior Analyst Jim Mitchell wrote in a Diversified Financials report that this downgrade is “primarily driven by valuation.” The Goldman Sachs Group Inc.’s (GS) estimated EPS went from 3%Continue Reading
gguy44 Goldman Sachs states that the first televised debate between incumbent U.S. President Joe Biden and former leader Donald Trump shifted market probabilities in favor of a Trump victory. According to the brokerage, the debate window saw modest gains in U.S. equities and bond yields and mixed performance across FX.Continue Reading
tondone/iStock via Getty Images Generative artificial intelligence will affect online consumer habits across a wide range of subsectors, including digital advertising, eCommerce, cloud computing, online travel, entertainment, education technology and online dating, according to a deep dive by Goldman Sachs. Initially, large-scale cloud providers might benefit the most from theContinue Reading
peshkov Goldman Sachs’ Tony Pasquariello said stocks have had an “exceedingly good run” but investors should be mindful of building risks. The global head of hedge fund client coverage at Goldman Sachs in a Friday note recounted strong gains for stocks. A “weapon of choice” basket of mega-cap tech stocksContinue Reading
Torsten Asmus/iStock via Getty Images The S&P 500 (NYSEARCA:SPY) is “the perfectly constructed index,” where you need either the best top five names going higher or the other 495 names higher. “They just can’t both be down a lot at the same time,” Goldman Sachs Analyst Scott Rubner wrote inContinue Reading
