Goldman Sachs Group Inc
Goldman Sachs enjoys this sub-sector in China — and names 3 shares to purchase
China e-commerce is one particular of Goldman’s best most well-liked sub-sectors — and there will be six important themes coming up in 2024, the lender reported. The themes are: Consumers’ emphasis on value for money — for which e-commerce platforms are perfectly positioned. Advertising tech updates to drive platform consider level, which refers to the […]
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GM initiates $10 billion buyback, boosts dividend and reinstates 2023 guidance after UAW strikes
General Motors is working to regain Wall Street’s confidence leading into 2024 with several investor-focused initiatives Wednesday following a tumultuous year of labor strikes and setbacks in its plans for electric and autonomous vehicles. The Detroit automaker plans to increase its quarterly dividend next year by 33% to 12 cents per share; initiate an accelerated […]
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Industry vulnerabilities and a attainable U.S. recession: Strategists give their cautious predictions for 2024
A stability guard at the New York Stock Trade (NYSE) in New York, US, on Tuesday, March 28, 2023. Victor J. Blue | Bloomberg | Getty Photos With central banks having hiked desire premiums at breakneck pace and all those premiums probable to stay bigger for for a longer period although the lagged effects set […]
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Apple is making an attempt to unwind its Goldman Sachs credit card partnership
David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion through the yearly Milken Institute Worldwide Meeting at The Beverly Hilton Resort on April 29, 2019 in Beverly Hills, California. Michael Kovac | Getty Visuals Entertainment | Getty Illustrations or photos Apple has offered Goldman Sachs a proposal to stop its credit history-card […]
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Shein files for U.S. IPO, as fast-fashion giant looks to expand its global reach
A Shein Group Ltd. pop-up store inside a Forever-21 store in the Times Square neighborhood of New York, US, on Friday, Nov. 10, 2023. Yuki Iwamura | Bloomberg | Getty Images Shein has confidentially filed to go public in the U.S. as the Chinese-founded fast fashion juggernaut looks to expand its global reach with a […]
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Goldman names world wide progress shares established to make a comeback
European progress stocks haven’t been carrying out as perfectly as their U.S. peers this year. Development shares in the area have underperformed price stocks by 13% considering that the get started of the level-mountaineering cycle in 2022, according to Goldman Sachs in a Nov. 20 report. But the financial commitment bank expects that to improve […]
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Goldman Sachs paid pro golfer Patrick Cantlay more than $1 million annually, sources say
Patrick Cantlay of the United States plays his shot from the 18th tee during the final round of the Workday Charity Open on July 12, 2020 at Muirfield Village Golf Club in Dublin, Ohio. Sam Greenwood | Getty Images Goldman Sachs paid professional golfer Patrick Cantlay more than $1 million annually in a sponsorship deal […]
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Goldman Sachs expects China shares to make first once-a-year attain in 4 years in 2024
Tiananmen, Gate of Heavenly Peace, Beijing Bjdlzx | E+ | Getty Illustrations or photos Goldman Sachs picked sectors in China’s mass buyer market place and technologies, media and telecom as probably winners in the ongoing rebalancing in the world’s next-major economic system in the year forward as the coverage natural environment turns much more accommodative. […]
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Geopolitical instability and a packed election calendar have strategists wary of 2024
Israeli soldiers transfer detained Palestinians out of the Gaza Strip on November 20, 2023, as battles in between Israel and the Hamas movement carry on. Gil Cohen-magen | AFP | Getty Illustrations or photos Geopolitical threats will be the key menace to the financial outlook for 2024, as significant-scale wars converge with a slew of […]
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Goldman thinks oil is headed increased yet again and endorses an selections trade to revenue from the rebound
The recent pullback in crude has manufactured phone solutions on U.S. oil an interesting hedge in opposition to continued geopolitical and inflation challenges that could thrust charges greater, in accordance to Goldman Sachs. Goldman’s commodity strategists expect West Texas Intermediate prices to rise to $88 per barrel in six months, 16% increased than current forward […]
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