The Latest Breaking News from Goldman Sachs

With women expected to inherit $9 trillion in the “sideways succession,” those who already have more than $1 million in assets say they have no plans to wind down their career anytime soon.

Wall Street expects tech stocks to take a hammering this morning.

December S&P 500 E-Mini futures (ESZ25) are down -1.01%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -1.31% this morning as quarterly results from AI bellwether Palantir failed to impress investors and Wall Street executives cautioned about a potential correction due to sky-high valuations.

Sterling drops against dollar as chancellor’s speech is taken as a sign that taxes will rise in the budget, and interest rates may fall faster

Spectro Cloud, a Goldman Sachs–backed (NASDAQ:GS) startup valued at about $750 million, announced on Tuesday that it entered a strategic partnership with Nvidia (NASDAQ:NVDA) to address one of the biggest challenges in artificial intelligence: approximately 70% of computing power that often sits unused.

Electric vehicle company Rivian Automotive (NASDAQ:RIVN) could highlight the upcoming R2 vehicle when the company reports third-quarter financial results Tuesday after market close.

The U.S. government shutdown has dragged into its 33rd day, and while a resolution may soon be approaching, economists warn the economic fallout is already underway.

“The path out is a growth path,” Solomon said. “The difference between compounding growth of 3% and 2% is monstrous in terms of dealing with this issue.”

The Bank’s Monetary Policy Committee will make its next decision on interest rates on Thursday.

Comcast Corporation (NASDAQ:CMCSA) grapples with broadband challenges, prompting analyst downgrades and concerns over pricing and investment pressures. This comes after the company on Thursday reported upbeat third-quarter results.

Amazon.com Inc (NASDAQ:AMZN) analysts are raising their price targets on the stock after the company beat revenue and earnings-per-share estimates in the third quarter and posted strong growth in the AWS cloud segment.