Goldman Sachs Group Inc
CoreWeave prices IPO at $40 a share, below expected range
Michael Intrator, co-founder and CEO of CoreWeave, speaks at Web Summit in Lisbon, Portugal, on Nov. 13, 2024. Carlos Rodrigues | Sportsfile | Web Summit | Getty Images CoreWeave on Thursday priced shares at $40 in the company’s IPO, raising $1.5 billion in the biggest U.S. tech offering since 2021, CNBC has confirmed. The company, […]
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Wells Fargo’s strong rebound rally continues. How we’re playing the move higher
Wells Fargo shares rose again Monday amid fresh Wall Street research and a broader market gain. It is tempting to take profits on the Club stock, which has mounted a 10% rally since its lowest close of 2025 on March 10. However, Jim Cramer advised investors to hold on for a little longer. The analysts’ […]
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Crypto’s long battle with SEC comes to a close with Ripple victory
Brad Garlinghouse, CEO of Ripple, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 4, 2022. Mike Blake | Reuters The Securities and Exchange Commission’s years-long crusade against the crypto industry appears to be over. The final chapter closed on Wednesday, when Ripple announced that the SEC had officially dropped […]
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Stocks making the biggest moves premarket: General Mills, Gilead Sciences, Tesla and more
Check out the companies making headlines before the bell. HealthEquity — Shares of the health-focused fintech company plunged 15% following weaker-than-expected fourth quarter earnings. HealthEquity, posted non-GAAP earnings per share of 69 cents on revenue of $311.8 million. Analysts polled by FactSet expected earnings of 72 cents per share on revenue of $305.8 million. General […]
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Goldman Sachs offers its newest option for downside protection in volatile markets
Goldman Sachs Asset Management is trying to serve more investors looking for downside protection from market turmoil. Bryon Lake helped the firm launch its newest buffer exchange-traded fund this month: the Goldman Sachs U.S. Large Cap Buffer 3 ETF. “I’m an investor. You’re an investor. The folks watching are investors, and there’s an incredible amount […]
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Stocks making the biggest moves midday: Tesla, Robinhood, Nvidia, Cognizant and more
Check out the companies making headlines in midday trading: Bank stocks — Major banks came under pressure during Monday’s session amid rising concerns about a potential slowdown in the U.S. economy. JPMorgan Chase and Goldman Sachs fell roughly 4%. Citigroup slid more than 4%, and Wells Fargo dropped 5%. Bank of America shed more than […]
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Stocks making the biggest moves premarket: JPMorgan Chase, Coinbase, Redfin, Novo Nordisk
Check out the companies making headlines in premarket trading. Bank stocks — Shares of major banks were under pressure Monday as worries over a possible U.S. economic slowdown weighed on them. JPMorgan Chase dropped more than 1% along with Citigroup , Wells Fargo , Bank of America , Morgan Stanley and Goldman Sachs . DoorDash […]
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Tesla shares have declined every week since Elon Musk went to Washington
Elon Musk speaks during the first cabinet meeting hosted by U.S. President Donald Trump, at the White House in Washington, DC, U.S., February 26, 2025. Brian Snyder | Reuters Tesla’s stock has never had a stretch this red. For seven straight weeks, since Elon Musk went to Washington, D.C. to join the Trump administration, shares […]
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AI cloud provider CoreWeave files for IPO
CoreWeave, a provider of cloud-based Nvidia processors to companies including Meta and Microsoft, is headed for the public market. In its IPO prospectus on Monday, CoreWeave said revenue in 2024 soared more than 700% to $1.92 billion. The company recorded a net loss of $863.4 million. In 2024, 62% of CoreWeave’s revenue came from Microsoft. […]
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Hedge funds are buying more of these ‘rising star’ stocks, according to Goldman
A change in popularity among hedge fund investors for stocks could signal where they’re headed in the months to come, and there are some that may be poised for future gains, according to Goldman Sachs. The bank analyzed the holdings of 695 hedge funds with $3.1 trillion of long and short equity positions at the […]
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