Gold is on course to hit S$3,000 by the end of next year predicts Goldman Sachs or roughly a 10% hike from the current price. Fear (F), investment (I) and speculation (S) have driven the recent surge in the price of the metal and are set to underpin a further rise in the rice, believes the bank.
EXCLUSIVE: Goldman Sachs CEO David Solomon speaks to Bloomberg on the sidelines of Saudi Arabia's Future Investment Initiative. Catch live updates here: Click Here
Goldman Sachs Chairman and CEO David Solomon discusses the bank's business in the Middle East and the widening conflict in the region, prospects for dealmaking, and the state of the US economy. He speaks to Bloomberg's Joumanna Bercetche on the sidelines of the Future Investment Initiative conference in Riyadh.
GS's strong IB unit aids it despite stretched valuation concerns. Let us find out whether investors should buy the stock now or wait for a better entry point.
On Wednesday, Coca-Cola Company KO reported a third-quarter 2024 sales decline of 1% year-on-year to $11.9 billion, beating the analyst consensus estimate of $11.59 billion.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Goldman (GS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The Consumer Financial Protection Bureau (CFPB) reportedly is set to order Goldman Sachs to pay more than $50 million in penalties related to its handling of fraud and refunds in its credit card business.
Goldman Sachs forecasted declining equity returns from the S&P 500 (^GSPC) over the next decade, slowing to 3% compared to the 13% returns seen over this past ten years. Yahoo Finance senior markets reporter Josh Schafer explains Goldman Sachs' latest note, noting equity strategist Ben Snider's assurances that this isn't as bearish a call as it looks.
An enforcement action is expected as soon as this week pertaining to bank's Apple credit-card program
Investment bank The Goldman Sachs Group Inc. NYSE: GS reported another stellar performance in its third quarter of 2024. The firm continues to divest and shed consumer-centric assets, including its credit card partnerships, personal loan portfolios, and consumer lending products, to double down on its investment banking and wealth management.
The S&P 500 has had a great run this year and is now up more than 23%.