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Wall Street Enters 'Unprecedented Territory' With Alphabet's $80 Billion Stock Sale, Top Goldman Official Says

Alphabet David Solomon Goldman Sachs Berkshire Hathaway

Goldman Sachs International co-chief executive Anthony Gutman said Wall Street has entered "unprecedented territory" with Alphabet's $80 billion stock sale. (Credit: AFP)

Goldman Sachs International co-chief executive Anthony Gutman said Wall Street has entered "unprecedented territory" with Alphabet's $80 billion stock sale.

"We all enter it with a degree of humility and caution, and the right balance of focus," Guthman told CNBC. "The Alphabet issuance yesterday augurs well for the pipeline. That was just a record level of issuance on any level," he added.

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Italy’s Meloni toughens protest laws: Teen detentions, parental liability, 5-year jail term

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Italy’s Meloni toughens protest laws: Teen detentions, parental liability, 5-year jail term

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Italian Prime Minister Giorgia Meloni's government has approved tougher security measures targeting protest-related violence, including prison terms of up to five years, fines of up to €20,000 and financial liability for parents whose children engage in vandalism or looting.

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Australian state leader contacted by police after failing to pay for petrol

Australian state leader contacted by police after failing to pay for petrol

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

California state workers launching 1-day strike over return-to-office mandate, pay and healthcare

California state workers launching 1-day strike over return-to-office mandate, pay and healthcare

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Family of Priest Killed by Falling Cross Demand Inquiry as Church Allegedly Rehangs the Same Cross Two Days Later

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