Goldman Sachs Group Inc
Waystar shares slip in Nasdaq debut after digital health company priced IPO in middle of range
Waystar shares slid about 3% in their Nasdaq debut on Friday, after the health-care payment software vendor priced its IPO in the middle of the expected range. The stock opened at $21 per share, below the IPO price of $21.50 late Thursday. Waystar said its expected price would be between $20 and $23 per share […]
Read More
Goldman-backed Starling states no options to go after EU financial institution license, enlargement to come from computer software
Important Points Digital lender Starling will not re-apply for a European Union banking license and will as a substitute go after intercontinental enlargement through its software program enterprise Motor, incoming CEO claimed. Engine is a software platform that Starling sells to other providers, so that they can established up their personal electronic banks. Raman Bhatia […]
Read More
Goldman Sachs names global ‘alpha’ stock ideas — and gives one nearly 60% upside
European markets have largely had a good run this year — with several market watchers looking keenly at the region and saying that it could have a ” greater tailwind than the U.S. ” Europe’s Stoxx 600 dipped in the last few days, but had been climbing since the start of the year. The benchmark […]
Read More
How digital health companies are capitalizing on the GLP-1 boom
Patent protection for Wegovy — Novo Nordisk’s blockbuster weight loss drug, which contains the second generation GLP-1 active ingredient and is at least twice as effective — is expected to expire by the decade’s end. Michael Siluk | UCG | Getty Images For Gray Beard, a kindergarten teacher in Charlotte, North Carolina, losing weight had […]
Read More
Peloton shares drop after it announces refinancing to stave off cash crunch
A pedestrian walks by a Peloton store on May 08, 2024 in Palo Alto, California. Justin Sullivan | Getty Images Peloton shares plunged on Monday after the connected fitness company said it’s launching a “global refinancing,” as it looks to stave off a cash crunch amid falling sales. The company is offering $275 million in […]
Read More
These are Goldman Sachs’ favored stocks with 50% or extra upside
Shares have been on a tear. The S & P 500 is soaring to record highs this year and the Dow Jones Industrial Typical just had its very best 7 days of the yr — and its eighth-straight winning session past Friday. Buyers will look to the forthcoming inflation prints for a lot more clues […]
Read More
Goldman Sachs and American Express are the leading companies for working parents in 2024
Vadym Buinov | Moment | Getty Images Working parents, guardians or caretakers know the challenge of striking the delicate balance between work and care responsibilities. From paid parental leave to quality health care coverage and equal pay that cover childcare costs, it’s become a priority for workers to find an employer that recognizes parents have […]
Read More
Behind America’s divided economy: Booming luxury travel and a jump in ‘relief’ loans
At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending firm Upstart, there’s a strong interest in microloans as cash-strapped Americans try to scrape by. That juxtaposition underscores the growing picture of bifurcation among income brackets in America. And adds to an increasingly popular view […]
Read More
Personal fairness corporations circle Peloton for potential buyout
A quantity of private fairness firms have been thinking of a buyout of Peloton as the linked fitness organization seems to refinance its financial debt and get back to development following 13 straight quarters of losses, CNBC has acquired. In recent months, the pandemic darling has had talks with at least one particular agency as […]
Read More
Berkshire Hathaway’s big mystery stock wager could be revealed soon
Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Berkshire Hathaway, led by legendary investor Warren Buffett, has been making a confidential wager on the financial industry since the third quarter of last year. The identity of the stock — or stocks — that […]
Read More