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The stock market is poised for record highs this week as $85 billion floods equities, Goldman Sachs says
Corporate buybacks, trend-following CTA traders, and retail enthusiasm could result in billions flo…
Matthew Fox
Goldman Sachs bumps its S&P 500 price target for the 3rd time this year as it sees higher corporate profits ahead
Goldman Sachs initially set a year-end S&P 500 price target of 4,700, but has since raised its fore…
Matthew Fox
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
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
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
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
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
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
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
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
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
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
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
Goldman Sachs traders made more than $100 million on 14 separate days amid the first quarter's fierce volatility
While Goldman's traders saw more highly profitable days in the first quarter of 2020 than in the ye…
Ben Winck
Goldman Sachs says Amazon's stock will surge 20% from current levels, making it the new biggest bull on Wall Street
Goldman Sachs says Amazon is leading the movement of retail online, which is "being accelerated by …
Matthew Fox
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
The stock market will fall another 26% if the Fed sparks a recession in its fight against inflation, Goldman Sachs says
"The downside to both equities and government bonds could still be substantial, even after the dama…
Matthew Fox
'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
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…
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 …