Goldman Sachs is promoting a slate of star executives to run its biggest Wall Street business lines, spotlighting the firm’s next generation of leadership, Bloomberg reported. T
Shares of Veeva Systems (NYSE:VEEV) fell about 4% premarket on Thursday after Goldman Sachs downgraded the stock to Sell from Buy, citing medium-term risks. The firm also lowered its price target on the shares to $200 from $261.
NCPRR and NLPC sent Goldman and JPMorgan the anti-DEI proposals, while Bank of America and Citi received proposals from NLPC and The Heritage Foundation asking them to audit whether they have surveilled customers based on their political and religious beliefs, according to the Journal.
Goldman Sachs CEO David Solomon said on Wednesday it was important for the U.S. and China, the world's two largest economic superpowers, to improve their bilateral ties.
Citi analyst Keith Horowitz maintained a Hold rating on Goldman Sachs Group (GS – Research Report) yesterday and set a price target of
Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before the bell.
Goldman’s forecast is for just 0.9 per cent UK GDP growth this year, which is a lot lower than consensus (1.3 per cent), the BoE (1.5 per cent) and the OBR (2 per cent). This is no time to keep policy restrictive, the team says:
Goldman Sachs CEO labels Bitcoin as a speculative asset, rejecting its threat to the US dollar's dominance amidst regulatory constraints.
President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep.
While some companies steer away from diversity, equity, and inclusion (DEI) policies, others are sticking with their previous commitments.
Liquefied natural gas exporter Venture Global said on Thursday it had raised $1.75 billion, marking the first big initial public offering of President Donald Trump's second term as investors bet on his plan to boost U.