Goldman Sachs Group Inc
Goldman Sachs polled institutional investors on gold, and found many expect it to hit $5K next year
Gold has been on a tear this year, and now a Goldman Sachs survey shows many investors think the precious metal will hit a new all-time high of $5,000 by the end of 2026. Gold prices have rallied 58.6% year-to-date, and broke through the landmark $4,000 level for the first time on Oct. 8. In […]
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How Alibaba quietly became a leader in AI
From a Hangzhou startup to a global tech powerhouse, uncover the strategies that turned Alibaba into a multi-billion-dollar empire. Alibaba is transforming itself from an e-commerce giant into a global AI powerhouse. The Chinese tech giant has pledged tens of billions of dollars in investment in AI and cloud infrastructure, fueling the development of its own Qwen language models, the Quark […]
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How Byron Trott became the favorite banker of Warren Buffett and America’s wealthiest families
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. In 1989, Byron Trott was working at Goldman Sachs in the private wealth management division when he paid a visit to Jack Taylor, […]
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Is Jack Ma back? Inside the rise, fall and return of China’s tech mogul
Alibaba co-founder Jack Ma is widely regarded as one of China’s most prominent business figures, but his journey hasn’t been without setbacks. Jack Ma is regarded as one of China’s most prominent business figures. His rise from a modest background to co-founding one of China’s earliest e-commerce companies brought both Alibaba and Ma global recognition. The journey has not been without setbacks, however. Ma’s sudden retreat from public view […]
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We don’t have high hopes for this tech stock, but we’re thrilled with this bank
Two portfolio stocks are making news Monday — one in enterprise software and the other in banking. Earnings preview : Bank of America lowered its price target on Salesforce to $305 per share from $325 ahead of quarterly earnings next month. The analysts, who kept a buy rating on shares, cited cheaper multiples across software peers, […]
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Goldman Sachs unveils its 10-year playbook — and AI is at the heart of it
Artificial intelligence and emerging markets are set to define the next decade, according to Goldman Sachs. The Goldman Sachs 10-year global outlook, released on Wednesday, sets out the investment bank’s expectations leading up to 2035. The longer-look report is designed to complement forecasts from the firm’s economists. “While cyclical forces will periodically influence markets, the drivers […]
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Trump buys at least $82 million in bonds since late August, financial disclosures show
U.S. President Donald Trump speaks about the U.S. government shutdown, during the swearing-in ceremony for Sergio Gor as U.S. Ambassador to India, at the White House in Washington, D.C., U.S., Nov. 10, 2025. Kevin Lamarque | Reuters U.S. President Donald Trump bought at least $82 million in corporate and municipal bonds from late August to […]
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‘Vibe revenue’: AI companies admit they’re worried about a bubble
Eakarat Buanoi | Istock | Getty Images LISBON, Portugal — Top tech executives told CNBC they’re concerned about a bubble forming in the artificial intelligence sector, underscoring growing unease within the industry over soaring valuation. In recent weeks, markets have been reckoning with the notion that too much capital is pouring into the AI boom, […]
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Goldman Sachs stands by top lawyer Kathy Ruemmler after her emails with Jeffrey Epstein exposed
Kathy Ruemmler, former White House Counsel, appears on “Meet the Press” in Washington, D.C., Sunday, June 29, 2014. William B. Plowman | NBC Newswire | NBCUniversal | Getty Images Goldman Sachs on Thursday strongly backed its top lawyer, Kathy Ruemmler, a day after a congressional committee released her chummy emails with notorious sex offender Jeffrey […]
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CNBC Daily Open: There’s the AI market, and then there’s ‘everything else’
Traders work on the floor of the New York Stock Exchange (NYSE) on Nov. 12, 2025 in New York City. Spencer Platt | Getty Images The divergence between the performance of the Dow Jones Industrial Average and Nasdaq Composite on Wednesday stateside reinforces the suggestion that there are two markets operating in the U.S.: one […]
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