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Wall Street Sells £4.41B of X Loans as Investors Bet on Strong Financials, Advertisers Returning to Musk's Firm
X's improving 2024 EBITDA, major advertisers like Apple mulling a comeback to the platform, and Amazon ramping ad spending led investors to buy £4.41B of 2022 debt used by Musk to take over the social networking platform.
Trump's Davos Speech, Stargate AI Plan, and Robust Earnings Lift S&P 500 To All-Time High
Trump's sweeping policy changes, cooling US Core CPI inflation data for December, a resilient economy, and a strong earnings season played a key role in the S&P500's rapid climb.
CPI Report for December Jumps 2.9%, Core Prices Come In Cooler To Lower Yields and Propel US Stocks
Better-than-expected Core CPI for December led to a sharp fall in US Treasury yields as stocks gained premarket, boosted by phenomenal banking results.
Wall Street Shares 4 AI Predictions and Top Stock Picks for 2025
Wall Street giants like Goldman Sachs and UBS think AI investments will continue to grow in the coming years as the AI revolution transitions to Phase 3 of companies monetising the technology to boost revenue streams.
Dismissed for Taking Paternity Leave? Goldman Sachs Banker Sues for £4m in Damages
An employment tribunal has determined that a Goldman Sachs banker who was fired in 2022 following six months of paternity leave was the victim of sexual discrimination.
'I Was Making Rich Men Richer': Ex-Goldman Sachs Advisor Raises £1.2M to Tackle UK's £567 Billion Gender Wealth Gap
Britain's gender investment gap currently stands at £567 billion — an increase of £54 billion between January 2023 and January 2024
Goldman Sachs: Harris Is Better For Americans Vs Trump—More Jobs, Increased Consumer Spending And More
A Goldman Sachs report revealed that Democratic nominee Kamal Harris's economic agenda is positioned to boost the US economy by creating more jobs, lowering living costs, and imposing tax hikes on conglomerates and the wealthy.
Goldman Sachs Executive With 6-Figure Salary Quits Job To Become Stay-At-Home Dad So Wife Can Focus On Career
Former Goldman Sachs banker transitions to a stay-at-home dad, promoting greater male involvement in childcare to empower women's professional pursuits.
Dividend Stocks to Climb as Investors Could Start Deploying $6 Trillion Parked in Money-Market Funds, Says BofA
Analysts see factors like potential rate cuts, ample cash reserves, and dividend payouts from mega-cap tech companies lifting dividend stock prices in the remainder of 2024.
Goldman Sachs Expects Market Sentiment To Support Smaller Firms, Sees Upside of up to 165% for Two Biotech Stocks
Goldman Sachs analysts believe small- and equal-weight benchmarks will keep outperforming unless Q2 reports of big tech companies lead analysts to bump their sales forecasts for the latter half of this year and 2025.
Goldman Sachs invests $2 billion in Black women-owned businesses
The global financial institution, Goldman Sachs has announced that it will invest more than 2 billion dollars into Black women-owned businesses and organisations through its One Million Black Women program.
Prince Harry in talks with Goldman Sachs for paid speaking gigs
Prince Harry and Meghan Markle step into the corporate world through ambassador and guest speaker work.
Apple vs. Samsung: Galaxy Fold a problem for Tim Cook, Goldman Sachs says
The Samsung Galaxy Fold will force Apple to respond with a similar device.
IMDB scandal: Tim Leissner former Goldman Sachs heavy hitter pleads guilty, forfeits $43.7m
Husband of fashion designer Kimora Lee Simmons played a leading role in the pillaging of Malaysia's sovereign fund.
Uber IPO valued at $120 billion, worth more than Ford and General Motors - report
Due to a series of scandal there are many hurdles for Uber to clear before an initial public offering can be considered.
Lloyd Blankfein retires as Goldman Sachs CEO, David Solomon to take over
Goldman Sachs said veteran investment-banker would succeed Lloyd Blankfein as chief executive Oct. 1.
Goldman Sachs enjoys 26pc surge in profits thanks to lower tax and buoyant trading
Goldman earned $2.83 billion, or $6.95 a share, compared with $2.26 billion, or $5.15 a share, in the same period a year earlier.
Goldman Sachs boss warns Brexit plans nearing 'point of no return'
The head of Goldman Sachs, Lloyd Blankfein, said it was nearing the point where the moves forced on the US bank because of the UK Brexit vote will become irreversible.
In the red: Goldman Sachs co-president had $1.2m worth of rare wine 'stolen by assistant'
Between 2014 and 2016, Nicholas De Meyer stole bottles of fine wines, which he then sold to a North Carolina wine dealer.
Goldman Sachs boss hints at further Brexit moves away from London
Lloyd Blankfein tweeted that Germany's financial hub may be gaining more of his attention.
What have Manchester United, HFT and deep learning got in common?
Gaurav Chakravorty, co-founder of AI investment advisors qplum, compares sport to trading.
Goldman Sachs calls for 'significant' Brexit transition deal
US bank is expected to relocate London-based workers to Paris and Frankfurt after Brexit.
Goldman Sachs posts massive bond trading revenue drop
Investment bank's quarterly revenue decline echoes similar declines at other Wall Street banks.
Bilderberg 2017: Trump tops agenda at annual secret meeting of global elite
The annual secret meeting of the world's elite will be discussing everything from Trump's presidency to fake news.
Oil futures slump on rising US production fears
Brent, WTI contracts lost further ground as US rig count rose and traders were unconvinced by producers' cuts.
Venezuela's opposition accuses Goldman Sachs of aiding Maduro 'dictatorship' via bond sale
Julio Borges accused the company of 'making a buck off the suffering of the Venezuelan people'.
Opec 'not concerned' by Donald Trump's proposal to sell US strategic petroleum reserves
US President's plan to sell half of his country's crude oil reserves fails to unnerve Opec members.
Barack Obama slammed for agreeing $400,000 fee to speak to 'Wall Street fat cats'
The former president had previously been critical of the banking sector.
US markets close lower pushed by underperforming Goldman Sachs
Netflix also saw drops after low subscriber numbers.
Investment banks' revenues look set to soar as Trump mulls regulatory relief
S&P Global Ratings says banks could benefit as US and EU authorities pull back from stringent regulations.