Goldman Sachs Group is a leading global investment banking, securities, and investment management firm that provides a wide range of financial services to a diverse client base, including corporations, financial institutions, governments, and individuals. The company engages in various activities, including financial advisory services, underwriting of capital market transactions, asset management, and market making in securities and commodities. It is known for its expertise in mergers and acquisitions, risk management, and investment strategy, leveraging its extensive research capabilities and global reach to deliver innovative solutions in an ever-evolving financial landscape. Read More
Cryptocurrency exchange Gemini raised $425 million in an initial public offering, pricing its shares above the expected range, according to an announcement made late Thursday.
The U.S. economy is navigating a pivotal period marked by a discernible cooling of inflation and a noticeable softening of the labor market. These shifts are creating a new trajectory for mortgage rates, offering a potential reprieve for homebuyers and presenting both opportunities and challenges across the financial and
The global labor market is experiencing a profound transformation, driven by the relentless march of Artificial Intelligence. In a stark demonstration of this shift, technology behemoth Oracle (NYSE: ORCL) has recently undertaken significant global layoffs, impacting thousands of employees across its operations. These workforce reductions are not merely cost-cutting measures
The U.S. housing market is bracing for a period of sustained elevated mortgage rates, with leading financial institutions forecasting the 30-year fixed mortgage rate to hover in the mid-6% range through the fourth quarter of 2025 and into the first quarter of 2026. This outlook, a significant shift from
The financial world is holding its breath as the Federal Reserve appears increasingly ready to embark on a new cycle of interest rate cuts, with a significant pivot anticipated as early as September 2025. This widely expected shift in monetary policy, driven by a cooling labor market and moderating yet
The Artificial Intelligence (AI) sector is in the midst of an unprecedented explosion, fundamentally reshaping global economies, financial markets, and the strategic blueprints of public companies. Far from being a niche technological advancement, AI has emerged as a general-purpose technology, akin to electricity or the internet, poised to drive trillions
The Federal Reserve finds itself navigating a precarious economic landscape, where resilient consumer spending clashes with increasingly cautious consumer sentiment. This intricate dynamic is proving to be a critical, and perhaps missing, piece in the puzzle of when and how aggressively the central bank will move to cut interest rates.
Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) jumped 3.1% in the afternoon session after the company and Volkswagen Group announced a joint semiconductor procurement strategy to streamline their supply chain and cut costs.
Shares of digital financial services company SoFi Technologies (NASDAQ:SOFI) jumped 3.5% in the afternoon session after Needham raised its price target on the company.
The financial markets are abuzz following the latest economic reports, which present a challenging dual narrative of persistent inflation and a noticeably weakening labor market. This intricate interplay is forcing the Federal Reserve into a precarious balancing act, with implications that ripple through public companies and the broader economy. Recent
As the calendar inches closer to the final quarter of 2025, financial markets are increasingly fixated on the Federal Reserve's next moves, with a prevailing sentiment that interest rate cuts are not just imminent, but likely to extend well beyond a potential September initiation. This anticipated shift in monetary policy,
The financial markets are abuzz with the near-certainty of a 25 basis point interest rate cut by the Federal Reserve in September 2025. This anticipated move marks a significant pivot in monetary policy, transitioning from a period of aggressive tightening to a more accommodative stance, largely driven by a cooling
Donald Trump's increasingly deep involvement in the cryptocurrency sphere has ignited a volatile and unpredictable period within the digital asset market, presenting both unprecedented opportunities and significant dangers for investors. His endorsements, policy shifts, and the proliferation of Trump-themed memecoins have directly contributed to wild price swings, creating an environment
Shares of fast-food chain Jack in the Box (NASDAQ:JACK)
fell 1.4% in the morning session after Stifel reiterated its 'Hold' rating on the stock, citing significant concerns about weakness in same-store sales.
Shares of global entertainment and media company Warner Bros. Discovery (NASDAQ:WBD)
jumped 3.9% in the morning session after CEO David Zaslav indicated that the company plans to increase subscription prices for its HBO Max streaming service and address password sharing.
Shares of energy drink company Celsius (NASDAQ:CELH)
jumped 2.1% in the morning session after Goldman Sachs initiated coverage on the stock with a 'Buy' rating and a $72 price target.
