The Latest Breaking News from Goldman Sachs

Morgan Stanley is riding high on the IPO boom with 70% of the top 100 unicorns in its pipeline, CFO says

Morgan Stanley is turning IPO relationships into recurring wealth revenue.

Fortune · Jul 16

Q1 results today: Jio Financial, Wipro, Polycab India, BHEL among 41 companies to report earnings

The June quarter earnings season gathers pace on July 16, with 41 companies, including Jio Financial Services, Wipro, Tech Mahindra, BHEL, Polycab India and 360 One, set to announce results. Corporate earnings are expected to grow around 10%, marking the strongest expansion in four quarters after TCS kicked off the…

The Economic Times · Jul 16

Dual engines to fuel bull market? Mutual fund cash hits multi-year low of 4% as FIIs turn buyers after 4 months

Domestic mutual funds reduced cash holdings to a multi-year low of four percent. Foreign institutional investors have returned as buyers after a significant selling period. This dual liquidity boost signals increased institutional risk appetite in Indian equities. Fund managers are selectively deploying capital into reasonably valued segments. Large-cap stocks and…

The Economic Times · Jul 16

Morgan Stanley beats profit estimates on dealmaking boost, strong trading

Morgan Stanley has showcased an impressive performance for the second quarter, surpassing Wall Street's earnings expectations. The surge in mergers and acquisitions has notably enhanced the investment bank's advisory revenues, while record trading profits emerged amid ongoing market fluctuations. Additionally, advancements in wealth management have played a pivotal role in…

The Economic Times · Jul 15

Nasdaq Futures Climb as ASML Fuels AI Optimism, U.S. PPI Data and Earnings in Focus

September Nasdaq 100 E-Mini futures (NQU26) are up +0.40% this morning as sentiment got a boost after ASML Holding’s earnings provided fresh evidence of unrelenting demand for cutting-edge chips.

Barchart · Jul 15

The Epstein investigation is about to reach Obama’s inner circle

Kathryn Ruemmler is the latest prominent figure called before the House Oversight Committee as lawmakers investigate the network of powerful people connected with Epstein

The Independent UK · Jul 15

Explained: Why South Korea's Kospi jumped 7% despite escalating Middle East tensions

South Korea's benchmark Kospi surged 7% on Wednesday, extending its rally for a second session as softer-than-expected US inflation data and Wall Street gains boosted risk appetite. Optimism over AI memory demand also lifted semiconductor stocks, with Samsung Electronics rising 8%, SK Hynix gaining over 13%, Hanmi Semiconductor soaring 25%,…

The Economic Times · Jul 15

US stocks today: S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings

U.S. stocks ended higher as softer June inflation data and strong bank earnings lifted sentiment despite escalating Middle East tensions. Nasdaq outperformed on chip gains, while JPMorgan and Goldman Sachs advanced on robust results. IBM fell on weak revenue guidance, and markets scaled back expectations of a near-term Federal Reserve…

The Economic Times · Jul 14

Here's Why Goldman Sachs Just Turned Bullish on NIO Stock

NIO stock is inching higher on the back of a bullish Goldman Sachs research note. Here’s why the bank recommends investors load up on NIO shares.

Barchart · Jul 14

‘Close to as good as it gets’: Jamie Dimon just offered another warning on the bubbly markets as Wall Street had a monster quarter

JPMorgan and Goldman Sachs posted record profits Tuesday even as Iran tensions sent oil surging, with investors shrugged off the chaos as Jamie Dimon warned of risks

Fortune · Jul 14