The purchases suggest institutional investors' appetite for crypto exposure in the bull market goes far beyond bitcoin, or even ether. Goldman Sachs, JPMorgan, UBS Are Trading an ETP Tied to Polkadot's Crypto Traditional finance is going further down the crypto rabbit hole than you might think.
Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today: We are also looking for nominations for upcoming list of top equity research analysts under 35. Find out more about the list, and how to nominate someone here.
The top companies on the stock exchange are going to make more money than previously anticipated, at least in ( Goldman Sachs' NYSE:GS) estimation. The investment bank's strategist David Kostin has lifted his full-year 2021 earnings-per-share forecast for S&P 500 index companies to a collective $181.
It's common to find yourself looking at the results of an insider dealing prosecution and thinking "what were they playing at"? But some cases are absolutely extreme. An analyst at Goldman Sachs in London earns somewhere around £50k ($70k) in basic salary; at a Magic Circle law firm like Clifford Chance, trainee salaries are only a bit less.
Google Cloud CEO Thomas Kurian was a featured speaker at last week's Goldman Sachs technology investors conference, and I'd like to share 5 slides from his presentation how it's become the world's fastest-growing major cloud company. Kurian opened his 40-minute session with a slide presentation showcasing Google Cloud's remarkable progress during his two years as CEO and then answered questions for about 20 minutes.
Bank of America Corp. signed a lease for offices at a San Francisco skyscraper owned by Vornado Realty Trust and the Trump Organization. The Charlotte, North Carolina-based bank is already a tenant at 555 California St., formerly known as the Bank of America Tower, though it has pared back its...
On February 16, Goldman Sachs announced that it is launching an automated wealth management platform to invest client funds in a portfolio of stocks and bonds. Clients can open an account with Marcus Invest for a minimum amount of USD 1,000 and an annual fee of 0.35 percent.
With Presidents Day, Valentine's Day and Mardi Gras over, and just six weeks left in the first quarter of 2021, many investors are looking past earnings season to next quarter and the rest of 2021 s they start to reset portfolios.
Here's the trio of forecasts from GS ... if they re right how long before the Federal Reserve starts pumping the 'taper' rhetoric again? And, as a ps, this is GS on how the virus is being combated in the US:
Shares of Goldman Sachs Group Inc. inched 0.25% higher to $312.74 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.29% to 31,613.02 and the S&P 500 Index falling 0.03% to 3,931.33. This was the stock's third consecutive day of gains.
2 hours ago (Feb 18, 2021 08:45AM ET) Goldman Sachs (NYSE:) analyst George Galliers maintained a Buy rating on (OTC:) on Thursday, setting a price target of EUR82, which is approximately 24.97% above the present share price of $79.05. Galliers expects Daimler to post earnings per share (EPS) of $1.92 for the first quarter of 2021.
Goldman Sachs announced a new product called Marcus Invest on Tuesday, a low-cost digital investment platform much like the robo-advisors that have emerged in the last 10 years. The product joins the bank's other Marcus consumer-facing products, which include bank accounts and personal loans.
It's common to find yourself looking at the results of an insider dealing prosecution and thinking "what were they playing at"? But some cases are absolutely extreme. An analyst at Goldman Sachs in London earns somewhere around £50k ($70k) in basic salary; at a Magic Circle law firm like Clifford Chance, trainee salaries are only a bit less.
Palantir posted a surprise loss in its fiscal fourth-quarter earnings on Tuesday, causing the stock to fall. Goldman Sachs analysts thought the quarter was stronger than expected and raised their price target to $34 per share. The analysts cheered Palantir's government revenue, margin expansion, and backlog visibility.
Unlike hedge funds, major investment banks don't have multi-year non-compete agreements. Therefore, even though Gregg Lemkau only left his job as co-head of global investing at Goldman Sachs in November, he's already arrived at his new gig as chief executive officer of MSD Partners LLP, the $15 billion investment firm that started life as Michael Dell's family office.
On a day when one of our preferred stocks, Exxon, has hit the highest price since last June following an upgrade from Credit Suisse which upped its price target for the energy giant to $62 from $52, the energy sector has seen further tailwinds from none other than Goldman, whose strategist Alessio Rizzi writes that the bank continues " to have a pro-cyclical tilt in our asset allocation" and following the poor performance of energy stocks in the past year, the bank thinks that "adding energy equity exposure is attractive at this juncture, especially considering our constructive commodity view."
The U.S. is still in the middle of a pandemic, with many schools shut and the daily toll of new COVID-19 cases only recently falling back to five digits. But for Corporate America, the worst may already be in the rearview mirror.
Levi Strauss & Co. (NYSE: LEVI) today announced that Chip Bergh, President and Chief Executive Officer, and Harmit Singh, Chief Financial Officer, will participate in a fireside chat at the Goldman Sachs DTC / Digital Acceleration Conference, held virtually, on Wednesday, February 17, 2021 at 4:00 p.m. ET.
For Immediate ReleaseChicago, IL - February 17, 2021 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in
(New York) Goldman Sachs is entering the ESG market as it plans to sell bonds to finance greener projects this week. This is part of the firm's broader attempts to provide funds to socially conscious investments. In fact GS plans to issue $750 billion in credit by 2030 to this trending area of finance.