Goldman Sachs Group Inc
Goldman’s top trades for this upcoming earnings season
The first full week of earnings kicks off Monday, and several stocks stand to move higher on the strength of their quarterly results, according to Goldman Sachs. To be exact, 35 S & P 500 companies and six in the Dow Jones Industrial Average are set to report next week, including two of the largest […]
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This coming earnings season could decide if a stock market at record highs has more room to run
The upcoming earnings season will show investors whether the bull case for equities still holds. The second quarter reporting season comes at a pivotal point for the stock market, with the S & P 500 and Nasdaq Composite trading at all-time highs this week even after an onslaught of bad news regarding higher tariffs, a […]
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Goldman Sachs is piloting its first autonomous coder in major AI milestone for Wall Street
Key Points Goldman is testing an autonomous software engineer from artificial intelligence startup Cognition that is expected to soon join the ranks of the firm’s 12,000 human developers, Goldman tech chief Marco Argenti told CNBC. The program, named Devin, became known in technology circles last year with Cognition’s claim that it had created the world’s […]
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Stocks making the biggest moves midday: Hershey, Chemours, Fair Isaac, Sunrun & more
Check out the companies making the biggest moves midday: Hershey — The candy company slid more than 3% following news that Wendy’s CEO Kirk Tanner will take the helm at Hershey , effective Aug. 18. He will replace Michele Buck, who has been with the company for the past two decades and has spent eight […]
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Trade deadlines and oil drama set the stage for a crunch week in global markets
Flags of the European Union and the United States. Sean Gallup | Getty Images News | Getty Images CNBC’s assignment desk has a conundrum this week: how to approach July, 9. Why does this specific date matter? It’s the deadline for trade negotiations between the U.S. and European Union before the tariffs axe (maybe) falls […]
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2 of our banks just boosted their dividends. Here’s how their increases stack up versus our other names
Goldman Sachs and Wells Fargo shares hit record highs Wednesday after the Wall Street banks announced dividend hikes following Tuesday’s close. Both join the laundry list of Club holdings to hike their payouts to investors in 2025. After the financial firms passed the Federal Reserve’s annual stress test on Friday night, Goldman said Tuesday that […]
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Stocks making the biggest moves premarket: Tesla, Centene, JPMorgan, Cava and more
Check out the companies making headlines before the bell. Tesla — Shares of the electric vehicle maker jumped about 5% after second-quarter vehicle deliveries came in better than feared. Tesla delievered 384,000 vehicles during the period, a 14% decline from a year ago, but analysts were estimating 387,000 deliveries, according to FactSet. This is its […]
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Figma files for IPO on Nasdaq, plans to ‘take big swings’ with M&A
Design software company Figma filed for an IPO on Tuesday, and plans to trade on the New York Stock Exchange under ticker symbol FIG. The offering would be one of the hotly-anticipated IPOs in recent years given Figma’s growth rate and its high private market valuation. In late 2023, a $20 billion acquisition agreement with […]
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The global week ahead: A hectic half first heralds a volatile second
“Politics isn’t wagging the tail – it’s shaking the entire dog.” These strong words from one wealth manager to CNBC last week capture a hectic first half of trading. They also set the stage for an uncertain second half, where “geoeconomics” looks set to remain a dominant market force. This week, expect attention to […]
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Stock market reclaims February record peak. How the fundamentals and technicals look now vs. then
Just as they say you never step into the same river twice, the view from a given summit is never quite the same upon a second visit. The S & P 500 has fully scaled its way to its first record high in more than four months on Friday, recovering what was at the intraday […]
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