Goldman Sachs Group Inc
Goldman Sachs just refreshed its conviction lists of global stocks, giving 3 over 20% upside
Goldman Sachs has refreshed its lists of top global stock picks, adding some and removing others. The stocks are featured in the investment bank’s “Conviction List – Directors’ Cut,” which it says offers a “curated and active” list of buy-rated stocks. They are selected by a subcommittee in each region which “collaborate with each sector […]
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Cerebras IPO has ‘too much hair’ as AI chipmaker tries to sell Wall Street on Nvidia alternative
Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024. Ramsey Cardy | Sportsfile | Collision | Getty Images AI chipmaker Cerebras is trying to be the first major venture-backed tech company to go public in the U.S. since April and to capitalize on investors’ insatiable […]
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Nvidia-backed CoreWeave gets $650 million credit line from top Wall Street banks
In this photo illustration, a Core Weave logo is displayed on a smartphone with stock market percentages on the background. Omar Marques | SOPA Images | Lightrocket | Getty Images CoreWeave, an Nvidia-backed artificial intelligence startup that rents out chips to other companies, announced Friday that it has a new $650 million credit line to […]
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JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects
Key Points JPMorgan Chase reports third-quarter earnings before the bell Friday. Wall Street expects the bank to report earnings of $4.01 a share and revenue of $41.63 billion, according to LSEG. JPMorgan executives will host a conference call at 8:30 a.m. ET. Source
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The Fed is finally cutting rates, but banks aren’t in the clear just yet
Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024. REUTERS/Tom Brenner Tom Brenner | Reuters Falling interest rates are usually good news for banks, especially when the cuts aren’t a harbinger of recession. That’s […]
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These cheap stocks are outperforming, and analysts give 5 more than 20% upside
Markets just keep rallying this year, with the S & P 500 up nearly 22% year-to-date and the Nasdaq jumping around 21%. In global stocks, the MSCI World index is around 16% higher. Many on Wall Street expect the trend to continue. Goldman Sachs , Morgan Stanley and others all see the S & P […]
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CNBC Daily Open: Fear is the stock killer
Traders work on the floor of the New York Stock Exchange during afternoon trading on October 03, 2024 in New York City. Michael M. Santiago | 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 […]
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Wall Street giants like Goldman quickly up their bets on Chinese markets amid stimulus promises
Goldman Sachs is the latest in a flurry of calls to upgrade China stocks after the Asian giant’s recent wave of stimulus measures. The Wall Street bank raised its call on China stocks to an overweight rating in an Oct. 5 note, adding that this market is set to soar further. Goldman predicts that Chinese […]
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Cheap stocks to buy in the fourth quarter, according to HSBC
It’s officially a new trading month, and HSBC recommends investors broaden their exposure in the fourth quarter by seeking out stocks with more reasonable valuations. September was another winning month for stocks, as the S & P 500 saw its fifth consecutive month in the green. On the final trading day of the month, the […]
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Goldman Sachs says crude could spike by $20 on Iran oil shock
The oil tanker ‘Devon’ prepares to transfer crude oil from Kharg Island oil terminal to India in the Persian Gulf, Iran, on March 23, 2018. Ali Mohammadi | Bloomberg | Getty Images Oil prices could shoot up $20 per barrel if Iranian production sees a hit resulting from Israeli retaliation, according to Goldman Sachs. U.S. […]
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