Goldman Sachs Group Inc
Goldman Sachs tops revenue estimates on better-than-expected asset management results
Goldman Sachs on Tuesday posted fourth-quarter results that topped analysts’ expectations on better-than-expected asset and wealth management revenue. Here’s what the company reported versus what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, expected: Earnings: $5.48 per share; it wasn’t immediately clear if that was comparable to the $3.51 estimate of analysts surveyed […]
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Dow futures tumble a lot more than 100 factors to begin the shortened trading week: Stay updates
ECB officials reiterate data-pushed technique to policy Officers at the European Central Financial institution reiterated that any modifications to financial coverage will be dependent on how a great deal — and how quickly — inflation in the area is strengthening. “It really is as well early to declare victory … the career is not nevertheless […]
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Citigroup posts $1.8 billion fourth-quarter loss after litany of charges
Jane Fraser, CEO of Citigroup, attends a hearing on Annual Oversight of Wall Street Firms before the Senate Committee on Banking, Housing, and Urban Affairs in Washington, D.C., the United States, on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Citigroup reported fourth-quarter earnings before the opening bell Friday. Here’s what […]
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JPMorgan Chase profit falls after $2.9 billion fee from regional bank rescues
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images JPMorgan Chase said Friday that fourth quarter profit declined after paying a $2.9 billion […]
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Citigroup at risk of quarterly loss after charges come in far higher than initially disclosed
Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023. Mike Blake | Reuters Citigroup warned investors late Wednesday that charges tied to the decline of the Argentine peso as well as the bank’s reorganization came in far higher than disclosed by the company’s CFO just […]
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Traders are cautiously optimistic on Europe in 2024. Below's what to search out for
A bull and a bear statue stand outside the house the Frankfurt Inventory Exchange in Frankfurt. Ralph Orlowski | Bloomberg | Getty Visuals Right after a choppy 2023, economists believe that that the European economic climate is set for a transitional year, as major headwinds — higher inflation and growing fascination prices — fade into […]
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This stalled tech juggernaut is commencing to split out yet again, in accordance to the charts
Nvidia (NVDA) was astonishingly quiet in the back 50 % of 2023 regardless of some amazing earnings conquer-and-elevate quarters. NVDA was especially silent for the duration of the astounding rally led by know-how in the fourth quarter. Only just on Monday did NVDA finally split absolutely free from the complex assortment that held the inventory […]
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Copper could skyrocket above 75% to history highs by 2025 — brace for deficits, analysts say
A employee tying copper wire rods in advance of loading them on to a truck in Huai’an, Jiangsu Province of China. Vcg | Visual China Group | Getty Photographs Copper prices are established to soar much more than 75% above the subsequent two several years amid mining supply disruptions and greater desire for the steel, […]
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CNBC Daily Open: A disappointing start to the year, but long-term view’s still bright
Traders work on the floor of the New York Stock Exchange (NYSE) on the first trading day of 2024 on January 02, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything […]
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Goldman included these stocks to its conviction checklist — offering them far more than 50% upside
Goldman Sachs recently extra a variety of stocks to its lists of best picks, and a selection of them have been provided substantial upside. Termed the “Conviction Record – Directors’ Minimize,” the lists encompass the United States, Europe and Asia-Pacific. Individuals lists are the bank’s “curated and lively” picks of between 15 and 30 leading […]
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