Goldman Sachs News & Breaking Stories

Tech giants to spend $1tn on AI, but skeptics doubt transformative potential due to high costs and limited capabilities. Will it pay off?

Sony Pictures Entertainment acquires Alamo Drafthouse Cinema for $200 million, marking its return to the exhibition business and creating Sony Pictures Experiences.

Nvidia's stock surges 4% after unveiling new AI chip Rubin. Bank of America raises price target to $1,500, sparking bullish sentiment.

NVIDIA's record revenue growth and AI dominance propel stock price surge, making it a key player in tech industry.

Hedge funds shift focus from megacap tech stocks to under-the-radar AI beneficiaries like Marvell Technology, Walgreens, and Freeport-McMoRan.

Anthony Noto's fear of failure has driven him to success, leading SoFi to strong earnings and a promising future.

Alphabet's profits surge nearly 60% in Q1, with strong performance from search, YouTube, and cloud. Stock price rises 15%.

US stocks fell on Monday due to concerns over Israel-Iran conflict escalation. Retail sales surged, but Treasury yield hit highest level of 2024.

Dow drops as Treasury yields spike, retail sales beat expectations. Goldman Sachs shines, Apple falls, Tesla faces layoffs. Geopolitical tensions rise.

College basketball star Caitlin Clark earns $910,000 from 11 NIL deals, surpassing WNBA rookie contract earnings. Top brands like Nike, Gatorade, and more endorse her.

Stocks fall sharply on disappointing inflation data, raising fears of longer high interest rates. Nearly 90% of S&P 500 stocks fell.

Nvidia stock jumps 5.1% after Goldman Sachs analyst raises price target to $800. Is it time to buy? Full analysis report available.

Meta Platforms, Inc. stock surged >20% after announcing a tripling in Q4 profit and its inaugural dividend. It's a long-term 'Buy'.

Nvidia stock surges as Goldman Sachs raises price target to $800 per share, expecting 20.9% growth over next 12 months.

S&P 500 lost 1.5% in the first trading week of 2024, ending a nine-week streak. Analysts expect rocky start to 2024.

Miracle weight loss drugs are set to become more available after the US approves Zepbound, a cheaper competitor to Wegovy.

Hedge funds are exiting their short positions at a rapid pace, signaling a potential market resurgence and a rebalancing of US dollar longs.

WeWork's potential bankruptcy filing next week comes as no surprise, as the company's shares have plummeted and it has struggled with debt payments.

Wall Street experienced a sharp decline as U.S. interest rates are expected to remain high, causing stocks to fall worldwide.

Conservative lawmakers proposed a bill to fund the government through October 31, but the Senate and some House lawmakers aren't onboard. A government shutdown could happen in 13 days.

Former NFL star Hugh Douglas' son tragically killed in car crash along with his roommate in Georgia. Morehouse College mourns.

"Goldman Sachs banker found dead after disappearing from Brooklyn nightclub, second death at same venue raises concerns."