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Goldman Sachs Group Inc

Global markets sink due to U.S. debt downgrade, but economists remain unconcerned

by Adrian Jhonsan
Global markets sink due to U.S. debt downgrade, but economists remain unconcerned

Traders work on the floor of the New York Stock Exchange, June 29, 2023. Brendan McDermid | Reuters Global stock markets tumbled on Wednesday after ratings agency Fitch downgraded the …

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Categories World

The Motivation Behind Big Banks, Such as JPMorgan, Embracing Blockchain Technology for Wall Street

by Ev Richard
The Motivation Behind Big Banks, Such as JPMorgan, Embracing Blockchain Technology for Wall Street

Banking titans such as JPMorgan and Citi want to supercharge Wall Street by borrowing a tool from crypto — tokenizing assets on a blockchain. “Once you have these assets that …

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Categories Technology

Meme Stocks Also Experience a Rally in Today’s Market

by Adrian Jhonsan
Meme Stocks Also Experience a Rally in Today’s Market

Exterior of the AMC Santa Monica 7 on April 17, 2020 in Santa Monica, California. Amanda Edwards | Getty Images Entertainment | Getty Images This report is from today’s CNBC …

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Categories World

Let the Good Times Roll

by Milton Acorn
Let the Good Times Roll

People walk near the New York Stock Exchange on July 18, 2023 in New York City View Press | Corbis News | Getty Images This report is from today’s CNBC …

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Categories Science

Let’s Discuss the Dow: Time for a Conversation

by Milton Acorn
Let’s Discuss the Dow: Time for a Conversation

Traders work on the floor of the New York Stock Exchange during afternoon trading on July 18, 2023 in New York City. Michael M. Santiago | Getty Images News | …

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Categories Science

Goldman Sachs foresees prices surging as oil demand reaches unprecedented levels

by Adrian Jhonsan
Goldman Sachs foresees prices surging as oil demand reaches unprecedented levels

Oil storage tanks stand at the RN-Tuapsinsky refinery, operated by Rosneft Oil Co., at night in Tuapse, Russia. Andrey Rudakov | Bloomberg | Getty Images Goldman Sachs expects record demand …

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Categories World

An Open Discussion on the Dow Jones Industrial Average

by Milton Acorn
An Open Discussion on the Dow Jones Industrial Average

Traders work on the floor of the New York Stock Exchange during afternoon trading on July 18, 2023 in New York City. Michael M. Santiago | Getty Images News | …

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Categories Science

No Problem: Tech Stocks Endure a Challenging Day

by Adrian Jhonsan
No Problem: Tech Stocks Endure a Challenging Day

The Tesla Inc. Model Y electric vehicle during the launch in Kuala Lumpur, Malaysia, on Thursday, July 20, 2023. Samsul Said | Bloomberg | Getty Images This report is from …

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Categories World

Kenvue Stock Available for Swap by J&J Investors in the Near Future

by Craig Fedirighi
Kenvue Stock Available for Swap by J&J Investors in the Near Future

Thibaut Mongon, CEO and Paul Ruh CFO of Kenvue Inc. a Johnson & Johnson’s consumer-health business, pose together during the company’s IPO at the New York Stock Exchange (NYSE) in …

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Categories Business

2Q 2023 Earnings Report of Goldman Sachs (GS)

by Adrian Jhonsan
2Q 2023 Earnings Report of Goldman Sachs (GS)

Goldman Sachs on Wednesday posted profit below analysts’ expectations amid writedowns tied to commercial real estate and the sale of its GreenSky lending unit. Here’s what the company reported: Earnings: …

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Categories World
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