The Latest Breaking News from Goldman Sachs

3 Stocks to Buy on Goldman Sachs' Increased Gold Price Projections

Russia’s invasion of Ukraine has resulted in a sudden spike in gold prices to two-year highs. In the wake of recent geopolitical events, Goldman Sachs has increased its gold price projections due to growing demand. Thus, we think it could be profitable to invest now in the stocks of fundamentally…

StockNews.com · Mar 16, 2022

Goldman Sachs Turns Bearish On This Food Processing Company

Goldman Sachs analyst Adam Samuelson downgraded Hormel Foods Corp (NYSE:HRL) to Sell from Neutral with a $44 price target, implying a 12.07% downside. Samuelson warned that the Russia-Ukraine conflict might become one of the most disruptive events across the food and agricultural supply chain. The analyst expects material fertilizer supply shocks across nutrients. Samuelson views…

Benzinga · Mar 15, 2022

3 Sturdy Stocks to Buy as Goldman Sachs Warns of a Recession

Oil and gas price increases and a flattening yield curve are raising recessionary concerns. Furthermore, Goldman Sachs (GS) has warned of a 20% - 35% chance of a recession. Amid this uncertainty, we believe the sturdy stocks BHP Group (BHP), Lockheed Martin (LMT), and Snap-on (SNA) might be ideal additions…

StockNews.com · Mar 14, 2022

US Banking Giants JPMorgan, Goldman Exit Russia Over Ukraine Crisis, Others May Follow: Report

Goldman Sachs Group Inc (NYSE: GS) and JPMorgan Chase & Co (NYSE: JPM) announced they were unwinding their Russian businesses, becoming the first major U.S.

Benzinga · Mar 11, 2022

Goldman Sachs Becomes First Big US Bank to Leave Russia

US investment bank Goldman Sachs on Thursday announced it would pull out of Russia, becoming the first Wall Street institution to distance itself from Moscow after its invasion of Ukraine. Disney, which has halted movie releases in Russia, also said it would withdraw other products, as more American businesses express…

Asharq Al-Awsat · Mar 11, 2022

Goldman Sachs, JPMorgan Head For The Exits In Russia: Will Other Wall Street Firms Follow Suit?

Russia's unilateral aggression in Ukraine has drawn the ire of people from all quarters.

Benzinga · Mar 10, 2022

Goldman Sachs becomes first Wall Street bank to leave Russia

Growing number of major US companies leaving Russia due to invasion of Ukraine

The Independent UK · Mar 10, 2022

Goldman Sachs, Uniqlo, Hugo Boss and Carlsberg join growing Russian boycott

The long list of companies boycotting Russia is getting longer.

Evening Standard · Mar 10, 2022

US inflation rises to new 40-year high of 7.9%; Abramovich sanctioned by UK – as it happened

ECB raises inflation forecasts, cuts growth outlook amid Ukraine conflict, as stock markets slide and Chelsea FC owner is sanctioned by Britain

The Guardian - UK · Mar 10, 2022

Goldman Sachs Could Offer Hedge Funds And Bitcoin Miners A New Way To Boost Yields

Wall Street banking giant Goldman Sachs Group Inc (NYSE: GS) reportedly plans on expanding its cryptocurrency product offerings to include over-the-counter (OTC) bilateral crypto options.

Benzinga · Mar 10, 2022