The Latest Breaking News from Goldman Sachs

Jefferies, other top brokers raise Lenskart targets after Q4 results; here's why

Lenskart Solutions shares surged after the eyewear retailer reported a strong Q4FY26 performance, with revenue from operations rising nearly 46% YoY to Rs 2,516 crore. The upbeat earnings prompted bullish brokerage views and target price upgrades, pushing the stock to a near one-month high of Rs 517 on the NSE.…

The Economic Times · May 21

OpenAI IPO filing could come before SpaceX goes public: Will Sam Altman beat Elon Musk and Anthropic in the biggest AI and space market race of 2026? Complete details on Wall Street’s largest IPO wave

OpenAI IPO: Wall Street is entering its biggest IPO wave since 2022. OpenAI, SpaceX, Anthropic, Shein, and Kunlunxin could together raise nearly $200 billion. OpenAI may file for its IPO before SpaceX goes public. That changes the entire AI market race. Investors are now watching Sam Altman, Elon Musk, and…

The Economic Times · May 20

OpenAI To Confidentially File For IPO As Soon As This Week: Report

OpenAI is set to confidentially file for an IPO as soon as this week, according to a new report.

International Business Times · May 20

Why the 137-year-old developer Hongkong Land is reinventing itself—and trying to broaden its focus beyond its home city

Hong Kong currently makes up 60% of Hongkong Land's rental income; CEO Michael Smith, who took over in 2024, wants to get it down to 40%.

Fortune · May 19

Goldman Sachs: The U.S. labor market is healthier now than when ChatGPT launched. Yes, really

Goldman finds AI reduced job openings in the fields that needed it most—accidentally easing a historic mismatch. There's another traffic jam ahead.

Fortune · May 19

Eli Lilly shares bought on Trump’s behalf as his policies benefited drug firm

Filings reveal $220m to $750m in trades on US president’s behalf in first quarter of 2026, including securities linked to largest US companies

The Guardian - US · May 19

Infosys, TCS, TechM and other IT stocks rally up to 5% even as sector valuations near 2008 levels

Indian IT shares surged on Tuesday, extending a rebound. Companies like Infosys and TCS saw significant gains. This rally follows a sharp correction that made sector valuations attractive. A weaker rupee also supported IT stocks. Goldman Sachs maintained a neutral rating on Infosys, citing management's positive outlook on deal wins…

The Economic Times · May 19

Goldman Sachs CEO David Solomon had 2 jobs as a teenager while also juggling 3 sports. Now, he’s telling Gen Z to stop wasting time

Before becoming Goldman Sachs CEO, David Solomon scooped ice cream, flipped burgers at McDonald’s, and DJed on the side.

Fortune · May 18

Goldman says central banks want more gold for their reserves

In a bid to bolster reserves, central banks are poised to increase their gold purchases, potentially reviving gold prices as we approach the year's conclusion. Goldman Sachs forecasts a marked rise in these acquisitions, driven by geopolitical uncertainties that are pushing central banks to rethink their asset portfolios.

The Economic Times · May 18

America's most powerful CEOs don't have much to show from their China trip so far

The presence of a group of some of the most powerful U.S. corporate leaders - representing companies like Apple, Meta, Boeing, Cargill and Goldman Sachs - underscores the importance of the Chinese market, even as political leaders navigate strained ties over trade, artificial intelligence and broader geopolitical tensions.

The Economic Times · May 15