Goldman Sachs Group Inc
Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street
Key Points Goldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a program that will eventually take on the traits of a seasoned Goldman employee, according to Chief Information Officer Marco Argenti. The bank has released a program called GS AI […]
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Goldman Sachs sees ‘significant’ investment opportunities as the population ages
The world is getting older — and with that demographic change comes “significant” investment opportunities, according to Goldman Sachs. Fertility rates are declining and people are living longer, resulting in an older demographic taking a larger share of the total population. The global population is expected to rise by about 20% through 2050, said analyst […]
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CNBC Daily Open: Investors are gearing up for Trump 2.0
The New York Stock Exchange on Nov. 25, 2024. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to […]
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CNBC Daily Open: Markets are getting ready for Trump 2.0
Traders work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You […]
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LA wildfires thrust insurance startup into spotlight as property owners scramble for protection
An aerial view of repair vehicles at sunset passing near beachfront homes that burned in the Palisades Fire as wildfires cause damage and loss through the LA region on January 15, 2025 in Malibu, California. Mario Tama | Getty Images Midway through December, tech entrepreneur Dan Preston debuted insurance startup Stand’s first product focused on […]
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Why the gold boom is causing a surge in illegal mining
In challenging economic and geopolitical times, investors bet on gold for its ability to store value. Gold prices hit record highs last year, with some analysts forecasting the precious metal could reach $3,000 an ounce by the end of 2025. But the boom has also been linked to a surge in illegal gold mining. “What […]
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Wall Street banks had a great quarter, and the boom times are just starting
Jonathan Gray, president and chief operating officer of Blackstone Inc., from left, Ron O’Hanley, chief executive officer of State Street Corp., Ted Pick, chief executive officer of Morgan Stanley, Marc Rowan, chief executive officer of Apollo Global Management LLC, and David Solomon, chief executive officer of Goldman Sachs Group Inc., during the Global Financial Leaders’ […]
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These names reporting next week have a history of beating earnings expectations
A host of stocks with earnings on deck next week typically beat Wall Street estimates. Roughly 7% of S & P 500 companies have so far reported fourth-quarter results, collectively notching growth of about 61%. When all is said and done, earnings are forecast to grow by about 12% in the fourth quarter. On Wednesday, […]
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Morgan Stanley is due to release fourth-quarter earnings
Ted Pick, CEO Morgan Stanley, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024. Adam Galici | CNBC Morgan Stanley is set to report fourth-quarter earnings before the opening bell Thursday. Here’s what Wall Street expects: Earnings: $1.70 a share, according to LSEG Revenue: $15.03 […]
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