Goldman Sachs seeks to impose buy on expanding crypto universe with classification procedure

Goldman Sachs seeks to impose buy on expanding crypto universe with classification procedure


Key Factors
  • Goldman Sachs is set to unveil a knowledge assistance designed with international index company MSCI and crypto information firm Coin Metrics that seeks to classify hundreds of digital cash and tokens so institutional traders can make feeling of the new asset class.
  • The new services is referred to as Datonomy — a enjoy on the term taxonomy, which is the branch of science concerned with naming and classifying the organic globe — and can be accessed as a membership-based mostly knowledge feed or by means of Marquee, which is Goldman’s digital storefront for institutional traders.
  • Customers can tap the facts feed to aid with investigation and investigation, as very well as benchmarking functionality, managing portfolios or building expenditure merchandise dependent on sectors like decentralized finance, metaverse, smart agreement platforms or price-transfer cash.



Source

Stocks making the biggest moves midday: Oracle, Ferrari, Delta, Albemarle and more
Finance

Stocks making the biggest moves midday: Oracle, Ferrari, Delta, Albemarle and more

Check out the companies making the biggest moves in midday trading: Oracle — Shares of the software company rose more than 3% on Thursday after Baird initiated coverage with a outperform rating and a $365 price taget. The firm said Oracle has a strong position in the artificial intelligence growth story. The stock has had […]

Read More
Stocks making the biggest moves premarket: Ferrari, PepsiCo, Delta, Akero Therapeutics and more
Finance

Stocks making the biggest moves premarket: Ferrari, PepsiCo, Delta, Akero Therapeutics and more

Check out the companies making the biggest moves in premarket trading: Ferrari — The luxury carmaker tumbled nearly 14% after it trimmed its electrification targets . Ferrari said it expects its 2030 sports car model line-up to be made up of 40% internal combustion engine cars, 40% hybrid and 20% fully electric vehicles. That’s down […]

Read More
Divided Fed officials saw another two interest rate cuts by the end of 2025, minutes show
Finance

Divided Fed officials saw another two interest rate cuts by the end of 2025, minutes show

watch now VIDEO3:1603:16 Fed minutes: Most participants say it would be appropriate to ease further to end the year Power Lunch Federal Reserve officials in September were strongly inclined to lower interest rates, with the only dispute seeming to be over how many cuts were coming, meeting minutes released Wednesday showed. The meeting summary indicated […]

Read More