The latest earnings may not reflect recent market volatility ushered in by the Trump administration’s sweeping tariffs.
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Goldman Sachs’ equity strategy team forecasts that America’s blue chip S&P 500 index will bring in infinitesimal returns for the next decade.
How’d the financial giants — namely, Goldman Sachs, Citigroup, and Bank of America — make out this quarter? Surprisingly well, it turns out.
JPMorgan Chase and Wells Fargo, among other banks and asset managers, beat analysts’ expectations in the third quarter.
Goldman Sachs’ $4.6 billion profit shows you can navigate tough times, as long as you have the brightest minds in finance at your disposal.
Artificial intelligence may be one of the fastest-growing tools in business, but don’t tell that to the compliance department.
CEO Larry Fink attributed the healthy performance to growth in private markets, retail active fixed income, and the company’s ETF business.
For all the money flooding into AI, it could tackle more pressing issues than teaching robots to flip burgers.
The Budget Lab projects that, with the current tariff levels, US and Chinese economies would both be 0.6% smaller in the long run.
Goldman Sachs may want to use blockchain for anything but crypto.
Dealmaking-related revenue at a handful of major investment banks collectively rose 27% year-over-year in the first quarter.
In the first three months of the year, the investment bank scored a 16% jump in revenue and $4.1 billion in net income, a 28% rise.
Advisors are calling for an economic slowdown. The million-dollar question is how hard it will hit.
Hedge funds are still all in on the AI boom that drove the Magnificent Seven’s gains, they just think it’s creating value elsewhere now.
Punxsutawney Phil may see six more weeks of winter, but hedge funds aren’t waiting to emerge from their bearish slumber.
Wall Street ended 2024 on a high note, providing investors with a sigh of relief as we enter the new year.