Goldman Sachs Group Inc

CNBC Daily Open: South Korea’s markets power through troubles
World

CNBC Daily Open: South Korea’s markets power through troubles

A screen displays the Kospi index and the exchange rate between the South Korean won and US dollar inside a trading room at Hana Bank in Seoul, South Korea, on Monday, Dec. 16, 2024.  SeongJoon Cho | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily […]

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Black British entrepreneurs find new ways to land funding as diversity efforts are scrapped
World

Black British entrepreneurs find new ways to land funding as diversity efforts are scrapped

Former Goldman Sachs executive Ayesha Ofori was confident that investors would be keen to fund her investment platform startup — then came the wall of rejections. Some of the venture capitalists who gave the cold shoulder to Ofori’s female-focused financial investment platform, Propelle, ultimately rejected her, citing her lack of experience. Ofori notes her background at Morgan […]

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Beyond Tencent: Goldman refreshes its list of top Asian stocks — giving one nearly 50% upside
World

Beyond Tencent: Goldman refreshes its list of top Asian stocks — giving one nearly 50% upside

Goldman Sachs is cautious on Chinese tech behemoth Tencent Holdings , removing it from its Asia-Pacific “conviction list” of top picks. The company was added to the U.S. Department of Defense’s list of “Chinese military companies” on Jan. 7. That means that the government body will be prohibited from procuring goods or services directly from entities […]

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Goldman Sachs’ top software and hardware picks for 2025 include an array of AI infrastructure builders
World

Goldman Sachs’ top software and hardware picks for 2025 include an array of AI infrastructure builders

Goldman Sachs remains selectively positive on artificial intelligence infrastructure builders heading into the new year. In a note published earlier in December, the Wall Street investment bank cited continued momentum in underlying AI infrastructure demand as a catalyst in 2025. “We expect demand for AI data center equipment to remain robust in 2025/26, benefiting both […]

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Bargain hunting: These 8 portfolio stocks look quite cheap, but only some are worth buying
World

Bargain hunting: These 8 portfolio stocks look quite cheap, but only some are worth buying

The holiday shopping season has come and gone. When it comes to stock picking, at least, the desire to find a bargain is as strong as ever. A recent analysis of our portfolio revealed we own more than a couple cheap stocks, including one of our newer additions in Bristol Myers Squibb . Still, we’re […]

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Stocks making the biggest moves midday: American Airlines, Broadcom, big banks and more
Finance

Stocks making the biggest moves midday: American Airlines, Broadcom, big banks and more

Check out the companies making headlines in midday trading: American Airlines — Shares slipped less than 1%, recovering from earlier losses, after the airline temporarily grounded all of its flights due to a technical issue. Broadcom — The semi stock added 2%, extending its December rally. Shares have surged more than 46% this month, propelling […]

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The Juan Soto wealth effect: Soaring athlete salaries attract wealth management firms
Business

The Juan Soto wealth effect: Soaring athlete salaries attract wealth management firms

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Skyrocketing salaries for top athletes and lucrative deals for college players have touched off a new gold rush among […]

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Biggest banks planning to sue the Federal Reserve over annual stress tests
Finance

Biggest banks planning to sue the Federal Reserve over annual stress tests

A general view of the Federal Reserve Building in Washington, United States. Samuel Corum | Anadolu Agency | Getty Images The biggest banks are planning to sue the Federal Reserve over the annual bank stress tests, according to a person familiar with the matter. A lawsuit is expected this week and could come as soon […]

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Malaysia’s 1MDB files legal claim against Amicorp Group seeking over  billion for alleged fraud
World

Malaysia’s 1MDB files legal claim against Amicorp Group seeking over $1 billion for alleged fraud

Motorcyclists pass a 1Malaysia Development Berhad (1MDB) billboard at the Tun Razak Exchange development in Kuala Lumpur, Malaysia, February 3, 2016. Olivia Harris | Reuters Scandal-hit Malaysian state fund 1Malaysia Development Berhad said Monday it has filed a legal claim of more than $1 billion against corporate services provider Amicorp Group and its CEO, alleging the […]

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Banking app Dave, back from the brink, is this year’s biggest gainer among financials with 934% surge
Business

Banking app Dave, back from the brink, is this year’s biggest gainer among financials with 934% surge

Jason Wilk Source: Jason Wilk Jason Wilk, the CEO of digital banking service Dave, remembers the absolute low point in his brief career as head of a publicly-traded firm. It was June 2023, and shares of his company had recently dipped below $5 apiece. Desperate to keep Dave afloat, Wilk found himself at a Los […]

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