Goldman Sachs Group Inc
Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs
Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters on Monday, March 25, 2019, in Cupertino, California. Noah Berger | AFP | Getty Images Apple is in discussions with JPMorgan Chase for the bank to take over the tech giant’s flagship credit card program from Goldman Sachs, a person with […]
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CNBC Daily Open: Tech might not be the biggest beneficiary of rate cuts
The sun rises behind the skyline of lower Manhattan and One World Trade Center on September 14, 2024, in Jersey City, New Jersey. Gary Hershorn | Corbis News | 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 […]
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Nvidia shares climbed nearly 16% last week — read the latest from CNBC Pro here
Nvidia stock got a boost last week as investors cheered comments by CEO Jensen Huang about the company’s new AI chip rollout. Blackwell — Nvidia’s next-generation processor — is a key focus for Wall Street amid some delays. This — and some other concerns — have hit the company’s share price in recent weeks. But […]
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Trump tax-free overtime plan ‘as fake as his tan,’ Senate Finance chair says
Senate Finance Committee Chair Ron Wyden threw shade at Republican presidential nominee Donald Trump on Friday over Trump’s latest campaign promise: to eliminate income taxes on overtime pay. “Donald Trump is losing, and these tax proposals he’s floating out of desperation are as fake as his tan,” Wyden said in a statement. The Oregon Democrat […]
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Intel getting help from Commerce Secretary Raimondo as part of effort to spur U.S. production
Secretary of Commerce Gina Raimondo listens as President Joe Biden participates virtually in a meeting on the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act at the White House on July 25, 2022. Anna Moneymaker | Getty Images News | Getty Images Intel has been badly beaten down of late, losing 60% of […]
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JD Vance’s Wall Street allies raise millions for the Trump campaign
Republican U.S. vice presidential nominee Senator JD Vance gestures as he speaks during an event at Kenosha City Courthouse in Kenosha, Wisconsin, U.S. August 20, 2024. Marco Bello | Reuters Over the past decade, Republican vice presidential nominee Sen. JD Vance of Ohio has quietly built a network of allies on Wall Street, one that […]
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Nasdaq climbs 1% as Wall Street bounces back from inflation report sell-off: Live updates
A trader works on the floor of the New York Stock Exchange during afternoon trading on Sept. 5, 2024. Michael M. Santiago | Getty Images Stocks seesawed Wednesday, trading in wide ranges, as traders weighed what the latest U.S. inflation data means for Federal Reserve policy. Tech shares led a rebound from steep session lows. […]
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Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business
David Solomon, CEO of Goldman Sachs, during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in New York on Aug. 6, 2024. Jeenah Moon | Bloomberg | Getty Images Goldman Sachs will post a roughly $400 million pretax hit to third-quarter results as the bank continues to unwind its ill-fated consumer […]
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CNBC Daily Open: Markets don’t always reflect the state of the economy
Traders work on the floor of the New York Stock Exchange during morning trading on September 04, 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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CNBC Daily Open: Why markets aren’t always a good barometer for the economy
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 4, 2024. Brendan Mcdermid | Reuters 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 matter where they […]
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