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The Latest Breaking News from Goldman Sachs

Move over, Magnificent 7: Goldman Sachs proposes the 'Prom 10,' China's top stocks including Tencent, Alibaba and BYD

Goldman Sachs recently highlighted 10 different Chinese stocks that it thinks are best poised for growth. Together, they make up the “Prominent 10."

Fortune

This millennial was rejected from 200 jobs—now he makes millions charging wealthy families six-figures to get their kids into the Ivy Leagues

Meet the millennial admissions consultant charging up to $750,000 to help students get into Harvard, Stanford, and MIT.

Fortune

Wall Street reports 65% chance that U.S. will intervene in Iran. Goldman Sachs says OPEC will be key buffer in oil volatility

Goldman Sachs said markets are estimating a 65% likelihood of the U.S. intervening in the Middle East, though added there’s a 50% chance of a deal being reached this year.

Fortune

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Goldman Sachs says Trump’s spending plan won’t stop the national debt from hitting ‘unsustainable’ highs not seen since World War II

If borrowing costs remain high, future lawmakers could be left in a tough spot.

Fortune

Carried interest is no longer just for PE firms. A new wrinkle for executive comp at BlackRock and Goldman Sachs could become the norm across finance

Carried interest is no longer just for PE firms.

Fortune

A record 360,000 students applied for a Goldman Sachs internship this year—and fewer than 1% were accepted

Being an intern at the investment bank is often a ticket to the upper realms of finance.

Fortune

Trump’s ‘revenge tax’ could threaten foreign investment into US, analysts say

Concerns raised that section 899 could backfire and also undermine dollar’s safe haven status

The Guardian - UK

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‘People would like the level of certainty’: Goldman-sachs admits Trump’s ‘big, beautiful bill’ has CEOs hiding under their desks

Trump's policies are not benefitting the stock market.

We Got This Covered

Goldman Sachs wants students to stop using ChatGPT in job interviews with the bank

Anthropic and Amazon have also warned job-seekers about using AI tools, even disqualifying applicants if they’re caught.

Fortune

Goldman Sachs Slashed Its Tesla Delivery Estimates Through 2027. Should You Dump TSLA Stock Now?

Tesla stock is under pressure after Goldman Sachs lowered its delivery estimates through 2027, citing demand weakness and brand headwinds in key global markets.

Barchart

Goldman Sachs predicts autonomous cars will slash insurance costs by 50%—but could create headaches in figuring out fault in accidents

As accidents caused by human error decrease, insurance companies may have to consider the liability of the manufacturers and tech companies.

Fortune

Swiss deflation fuels talks of negative interest rates: Is SNB ready?

Switzerland may become the first advanced economy to revive negative interest rates, as inflation turned negative in May for the first time since 2021.

Euronews

Trump announces $1,000 government-funded accounts for American babies

The tax-deferred investment accounts will track the stock market for children born between 2025 and 2029

The Guardian - US

Trump gets Dell, Uber, Goldman Sachs to pay Americans $1K for each baby born — if ‘beautiful bill’ passed

The ‘Trump accounts’ plan echoes a years-old proposal for ‘baby bonds’ introduced by New Jersey Sen. Cory Booker

The Independent UK

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MarketBeat

Why Goldman Sachs Suddenly Boosted These 3 Trucking Stocks

This Goldman Sachs analyst just took a new bullish view on these three trucking stocks at the same time, looking for a sector breakout.

The Guardian - UK

Tice defends Reform MP’s question on burqa ban after Zia Yusuf resignation

Party’s deputy leader says discussion must not be ‘forced underground’ when it is policy in some European countries

Euronews

Eurozone economy grows by 0.6%: Lagarde shuts door on July rate cut

The eurozone gross domestic product grew by 0.6% quarter-over-quarter in the first quarter of 2025, marking the strongest pace of growth since late 2022. ECB's President Christine Lagarde hinted that a July pause in rate cuts may be warranted.

Fortune

Red Lobster's 36-year-old CEO started as a Goldman Sachs intern. He reveals 3 ways he’s cooking up a comeback for the seafood chain after bankruptcy

Damola Adamolekun reveals his blueprint for garlic-butter crab and good music in Red Lobster’s second wave.

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Barchart

Is Goldman Sachs Stock Outperforming the Nasdaq?

Goldman Sachs has topped the broader Nasdaq Composite over the past year, though Wall Street analysts remain cautiously optimistic about the stock's prospects.

Fortune

Trump has several workarounds to get his tariffs back on track, experts say

One option is to launch investigations into key trading partners to justify tariffs.

Al Jazeera

Sentence for ex-Goldman banker in 1MDB case ‘too short’: Malaysian minister

Former Goldman Sachs banker Tim Leissner was sentenced on Thursday to two years in prison for role in 1MDB scandal.

The Independent UK

Ex-Goldman Sachs banker gets 2 years in prison for plot to fleece billions from Malaysia's 1MDB fund

A former Goldman Sachs banker has been sentenced to two years in federal prison for his role in a $4.5 billion scheme to ransack a Malaysian state investment fund

International Business Times

US Judge Sentences Ex-Goldman Sachs Banker To Two Years Over 1MDB Scandal

A US judge on Thursday sentenced a former Goldman Sachs banker central to the 1MDB scandal to two years in prison after prosecutors argued for leniency due to his cooperation.

Barchart

Goldman Sachs Thinks You Should Buy Apple Stock Before June 9

This article examines why Goldman Sachs is urging investors to buy Apple stock ahead of its June 9 WWDC event.

Fortune

Global chaos and looming trade wars set the stage for a ‘global euro moment’ as trust in the EU surges

Months of erratic policies have dampened the U.S. dollar’s status as a safe-haven currency—but it bodes well for the euro.

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