GOLDMAN SACHS GROUP INC (GS)

Hedge funds turn bearish in April, Goldman says

Hedge funds globally have turned the most bearish they've been on equities this year, a Goldman Sachs note said, as sticky inflation and renewed geopolitical concern have dragged stock markets lower. They ditched long positions and added short ones across all regions led by North America, Europe, and to a lesser extent developing Asia, said the note sent to investors on Thursday and seen by Reuters on Friday. A short or bearish position bets that an asset will decline in value, while a long position anticipates a price increase.

Wall Street Fires Up Deals for Preferred Shares With Fed on Hold

Fading hopes that the Federal Reserve will soon cut rates are prompting US banks to re-evaluate the cost of their preferred stocks, potentially sparking a rush of deals for the crucial source of capital.

‘Flash Boys’ Ditch Happy Hour to Compete With Chess Grandmaster

The up-and-comers of Wall Street gathered not around an open bar, but tables with chess boards.

‘Flash Boys’ Ditch Happy Hour to Compete With Chess Grandmaster

(Bloomberg) -- The up-and-comers of Wall Street gathered not around an open bar, but tables with chess boards.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on IranRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingOil Erases Advance After Iranian Media Downplays Israel’s AttackTraders and quants from Goldman Sachs Group Inc., Jane Street and Bank of Montreal were among those congr

3 Stocks With the Most Potential to Plunge on Q1 Earnings

The stakes are high for these companies heading into their Q1 prints and the results are likely to make or break their stocks.

Put $5,000 in These 3 Growth Stocks by 2025

Amidst the current market uncertainty, invest in these resilient growth stocks and take home significant gains by 2025.

Netflix slips after stopping subscriber tally report, downbeat Q2 revenue forecast

The video streaming pioneer's revenue target for the current quarter missed analysts' average estimate of $9.54 billion. It said on Thursday that from the 2025 first quarter, it would no longer report subscriber numbers each quarter. Analysts said the company's move to stop revealing subscriber figures might be contentious.

Norway wealth fund backs shareholder proposal to split Goldman CEO, chair roles

Proxy advisors Institutional Shareholder Services (ISS) and Glass Lewis have recommended that investors back a shareholder resolution urging the bank to split the two roles currently held by David Solomon, at Goldman's annual meeting on April 24. Norges Bank Investment Management (NBIM), which operates the Norwegian fund, is the 12th biggest investor in Goldman Sachs according to LSEG data, with a 0.84% stake in the Wall Street bank at the end of 2023, valued at the time at $1.09 billion.

Golden Opportunities: 3 Stocks to Buy as Gold Prices Reach New Heights

Explore top gold stocks as gold prices hit new highs, with insights into these players' latest moves. Pick them up before the surge.

The 3 Best Bank Stocks to Buy on Q1 Earnings Results

Investors would be smart to consider these bank stocks to buy based on earnings from this years first quarter.

Geely to Sell $1.32 Billion of Volvo Truck Shares

China’s Zhejiang Geely Holding Group is selling the entirety of its Class B shares in truckmaker Volvo AB that were worth 14.46 billion Swedish krona ($1.32 billion) at the close of trading in Stockholm.

Capitalizing on Gold’s Momentum: 3 Stocks to Watch in April

The run-up in gold prices and gold stocks isn’t over just yet. According to Goldman Sachs, the metal could test $2,700 this year.

Recession-Proof Riches: 3 Stocks That Thrive in Any Economy

Discover recession-proof stocks that thrive amid economic uncertainty, offering stability and consistent growth.

Goldman Markets New Bonds After Perpetual Notes Deal This Week

Goldman Sachs Group Inc. is marketing investment-grade bonds, just two days after issuing perpetual notes, as the bank taps investors following its surprisingly strong first-quarter results.

Goldman Markets New Bonds After Perpetual Notes Deal This Week

(Bloomberg) -- Goldman Sachs Group Inc. is marketing investment-grade bonds, just two days after issuing perpetual notes, as the bank taps investors following its surprisingly strong first-quarter results.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackSingapore Loses ‘World’s Best Airport’ Crown to QatarRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsThe bank on

Goldman’s Waldron Sounds Alarm Over US Debt Jolt to Markets

Goldman Sachs Group Inc. President John Waldron warned that out-of-control spending could expose the US to serious risk in the event of a political crisis.

Want to Double Your Tax Refund in 2024? 7 Stocks to Buy Now.

Investors wondering which tax refund stocks to invest in should consider these names, each of which is a capital compounder.

Don't count on a Bitcoin rally after the 'halving,' JPMorgan says

Banking giants such as JPMorgan and Goldman Sachs are not so confident about the top cryptocurrency

Goldman Says South African Market ‘Tough’ Before Election

South African investors are holding off on big moves before the vote next month, Goldman Sachs Group Inc. said, as the elections shape up to be the most pivotal in 30 years.

Walmart-backed Ibotta targets up to $2.7 billion valuation in US IPO

It plans to sell 6.6 million shares of its class A common stock at $88 apiece, exceeding its earlier price range of $76-$84 apiece, Ibotta added. Increased buzz around artificial intelligence and hopes of a rebound in the U.S. IPO market from a two-year slump, buoyed by a possible soft landing for the economy have encouraged more tech companies to test the IPO waters. Ibotta, founded in 2011, provides a platform for brands to deliver promotions to customers and offer cash back rewards on their everyday purchases.

Jim Cramer is generally positive on major banks post-earnings

CNBC's Jim Cramer on Wednesday reviewed major banks' earnings performance.

What does Goldman Sachs want in a coder? For them to have studied philosophy

In the age of AI, engineers might want to supplement that computer science degree with some humanities courses if they want a job on Wall Street.

Goldman Sachs names 4 global defense stocks to watch as geopolitical risks rise

Several countries have been beefing up their defense budgets in light of mounting geopolitical tensions. Goldman names European stocks to play the theme.

Digital marketer Ibotta to go public on Thursday as IPO market heats up

Digital marketer Ibotta to go public on Thursday as IPO market heats up

Jerome Powell pumped the brakes on rate cuts, but Goldman still eyes a soft landing because of the strong job market

The soft landing is still on because spikes in inflation were a blip and the job market isn’t seeing many layoffs, Goldman’s chief economist says.

Citi Says Wall Street Is Wrong to Slash Fed Rate-Cut Bets

Economists at Citigroup Inc. are going out on a limb by wagering that virtually everyone on Wall Street is wrong about the Federal Reserve.

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Top S&P500 movers in Monday's session

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What's going on in today's session: S&P500 movers

Wondering what's happening in today's session for the S&P500 index? Stay informed with the top movers within the S&P500 index on Monday.

Discover the top S&P500 movers in Monday's pre-market session and stay informed about market dynamics.

Wondering what's happening in today's pre-market session? Stay tuned for the latest updates on S&P500 stock movements.