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1 min read

BMW R 1300 GS superbike launched in India at ₹20.95 lakh

BMW has launched its latest superbike, the BMW R 1300 GS in India.

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2 mins read

Markets decline in early trade after record rally

Among the 30 Sensex companies, Tech Mahindra, JSW Steel, HCL Technologies, NTPC, Bajaj Finserv,…

PTI   


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2 mins read

People in Korea are buying gold from vending machines and convenience stores amid 2024's frenzy for the precious metal

Gold prices have surged in 2024. In Korea, some store chains are selling bite-sized gold bars and w…

Yuheng Zhan   


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2 mins read

'Will send bears into hibernation mode': Here's how Wall Street is reacting to Tesla's 2nd-quarter deliveries beat

Tesla's deliveries of 466,140 last quarter were well ahead of consensus views for about 450,000 and…

Matthew Fox   


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2 mins read

Goldman Sachs' 4th-quarter earnings beat estimates as trading desks continue to impress

The bank added $293 million to its loan-loss reserves through the quarter, further bolstering its s…

Ben Winck   


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3 mins read

India’s high valuations are justified, says Goldman Sachs citing rise of multibaggers and these other reasons

For long, pundits have argued that Indian stocks are too pricey. However, there's a reason why Indi…

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2 mins read

Goldman Sachs 3rd-quarter earnings trounce expectations as trading desks thrive during the pandemic

The bank's trading arms led earnings to more than double from the third quarter of 2019. Revenue fr…

Ben Winck   


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2 mins read

Goldman Sachs cuts quarterly profit by 91% after $3.9 billion 1MDB settlement

Goldman revised its second-quarter profit on Friday to $373 million from $2.4 billion after bolster…

Ben Winck   


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2 mins read

Goldman Sachs says stocks face a growing risk of correction - but recommends investors buy any dip amid low bear-market odds

The transition between bear and bull markets is often marked by strong volatility and a brief setba…

Ben Winck   


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2 mins read

US bank stocks surge after Fed clears way for up to $11 billion of buybacks

The Fed said Friday that banks can resume buybacks in 2021 so long as they don't exceed the average…

Ben Winck   


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2 mins read

Stocks could stumble in early 2021 as investor sentiment surges past market fundamentals, Goldman Sachs says

Such stretched positioning historically led to market weakness over the next one to four weeks, Gol…

Ben Winck   


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2 mins read

Goldman Sachs' 2nd-quarter earnings beat estimates as trading desks drive revenue spike

"Our strong financial performance across our client franchises demonstrates the inherent benefits o…

Ben Winck   


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2 mins read

A Democratic sweep could have a 'modestly positive' impact on corporate earnings, Goldman Sachs says

Boosted fiscal spending would drive economic growth and "help offset the earnings headwind from hig…

Ben Winck   


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3 mins read

Fed's new inflation strategy will lift profits and reduce risks for stock investors, Goldman Sachs says

The Fed is set to temporarily lift its inflation target above 2%. In turn, inflation-related market…

Ben Winck   


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2 mins read

Stocks will likely be trapped in a 'fat and flat' range until pandemic-led economic fallout fades, Goldman says

Goldman expects credit assets will outperform stocks through the next three months due to direct po…

Ben Winck   


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2 mins read

Citigroup and Morgan Stanley shares are best positioned to endure a 69% plunge in 2nd quarter bank earnings, Goldman Sachs says

Both firms enjoy a greater focus on capital markets than lending, allowing fee income to partially …

Ben Winck   


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2 mins read

Goldman Sachs cuts US GDP estimate, now sees economy shrinking 4.6% in 2020

The bank's economists lowered their third-quarter forecast to 25% from 33%, citing new lockdown mea…

Ben Winck   


Ben Winck   


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2 mins read

Goldman Sachs starts shorting the dollar as economic reopenings boost foreign currencies

Norway's healthcare system and healthy foreign investments set it up for a strengthening currency a…

Ben Winck   


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2 mins read

Hedge funds are piling into healthcare stocks at record levels, Goldman Sachs says

The rotation was primarily fueled by soaring interest in biotech names and strong crowding within h…

Ben Winck