Copper yesterday settled up by 0.08% at 776.35 as the People's Bank of China officially lowered RRR, which is expected to release 600 billion yuan of funds. Copper inventories in Shanghai...
Copper yesterday settled up by 0.47% at 775.7 as the People's Bank of China officially lowered RRR, which is expected to release 600 billion yuan of funds. Copper inventories in Shanghai...
(Bloomberg) -- The widespread adoption of artificial intelligence technologies could help stoke a productivity surge and an acceleration in the global economy, Goldman Sachs Group Inc...
By Senad Karaahmetovic U.S. futures are trading higher on Monday after the U.S. equities secured a strong close to the last trading week. The S&P 500 closed 1.4% higher while the Dow...
Copper fell to 770 on the MCX as continuous problems in the global financial sector weighed on pricing. Concerns that the Fed will defy market forecasts and desist from decreasing interest...
By Ambar Warrick Investing.com -- Chinese industrial profits fell sharply in the first two months of 2023, data showed on Monday, as a recovery in manufacturing activity was largely offset...
Copper yesterday settled down by -0.3% at 772.1 with the market still assessing wider banking sector turbulence and the U.S. Federal Reserve's policy decision for a price direction. The...
By Ambar Warrick Investing.com -- Oil prices fell in Asian trade on Friday, extending losses from the prior session as U.S. officials said it will be difficult to immediately refill the...
The Crypto Fear and Greed Index has reached its highest level in 2023, surpassing levels not seen since BTC’s ATH in November 2021. Market sentiment towards Bitcoin and cryptocurrency has...
New Delhi, March 20 (IANS) Home interiors and renovation platform Livspace has laid off at least 100 employees as part of cost-cutting measures, the media reported. According to a report in...
By Malvika Gurung Investing.com -- The global investment banking giant Goldman Sachs (NYSE:GS) has pared its projections for the oil counter Brent crude oil Futures to under $100/barrel in...
San Francisco, March 19 (IANS) As Wall Street giants move to end the spiralling banking crisis in the US, First Citizens BancShares Inc is reportedly considering making an offer to acquire...
Over 186 banks were at risk as Silicon Valley.Wall Street banks to lose nearly $165 billion in market cap. In the aftermath of the Silicon Valley Bank (SVB) collapses on March 10, 186...
London, March 17 (IANS) Wall Street stocks have fallen, dragged down by banks. The S&P 500 financial sector index has lost 2.2 per cent while the KBW regional banking index has tumbled 3.8...
By Scott Kanowsky Investing.com -- Shares in First Republic Bank (NYSE:FRC) shed nearly a fourth of their value on Friday as analysts warned of financial pains ahead for the regional...
Hong Kong, March 17 (IANS) China's central bank has made a surprise cut to the amount of money that banks must keep in reserve, in an effort to keep money flowing through the financial...
New York, March 17 (IANS) Wall Street giants have moved to end the USs spiraling banking crisis by agreeing to prop up troubled First Republic, a mid-sized bank whose shares have been...
By Ambar Warrick Investing.com-- Oil prices crept higher on Friday on the prospect of supportive measures by the OPEC+, although fears of an economic slowdown stemming from a banking crisis...
By Scott Kanowsky and Liz Moyer Investing.com -- JPMorgan Chase & Co (NYSE:JPM) and Bank of America Corp (NYSE:BAC) lead a group of big banks injecting a dose of confidence in First...
By Ambar Warrick Investing.com -- Oil prices crept higher from 2021 lows on Thursday as an upbeat outlook on a Chinese economic recovery helped spur some hopes of a demand rebound this year,...
(Bloomberg) -- Goldman Sachs Group Inc (NYSE:GS). Chief Executive Officer David Solomon said there’s a “meaningfully higher” chance of a soft landing for the economy now than there was...
By Ambar Warrick Investing.com -- Oil prices rose to multi-week highs on Tuesday as bets on a strong economic rebound in China were furthered by better-than-expected trade data, although...
Goldman Sachs (GS) Top Equity Trader Montesano To Leave In Surprise Exit - Bloomberg
(Bloomberg) -- Citigroup Inc (NYSE:C). is cutting hundreds of jobs across the company, with the Wall Street giant’s investment banking division among those affected.The cuts amount to...
By Sam Boughedda Following issues that have led to billions of dollars in losses, Goldman Sachs' (NYSE:GS) Chief Executive David Solomon said the firm is considering "strategic alternatives"...
By Liz Moyer Investing.com -- Stocks were rising on Monday, after last week's rout led to the worst week for stocks so far this year. Investors are still worried about the Federal Reserve's...
By Investing.com Staff Goldman Sachs (NYSE:GS) disclosed in its 10-K filed Friday that its board approved a new share repurchase program, authorizing repurchases of up to $30 billion of its...
Goldman Sachs (GS) disclosed a $30 billion buyback
Goldman Sachs (NYSE:GS) Offers Rich Clients Access To Stripe Multibillion Raise - Bloomberg
San Francisco, Feb 22 (IANS) Global consulting firm McKinsey & Co is reportedly planning to slash about 2,000 jobs in one of the largest layoffs, the media reported. The job cut is likely to...
By Scott Kanowsky Investing.com -- Shares in Tesco PLC (LON:TSCO) edged marginally higher in early trading on Monday after Sky News reported that Britain's biggest supermarket chain has...
(Bloomberg) -- Wall Street traders fully priced in quarter-point increases at both of the Federal Reserve’s next two meetings — and a higher eventual peak for interest rates. The May...
San Francisco, Feb 16 (IANS) Global consulting firm KPMG is laying off 2 per cent of its workforce that will impact about 700 employees in the US, owing to a "sharp slowdown in its...
(Bloomberg) -- US consumers are still in a position of strength despite persistent inflation and other economic headwinds, Bank of America Corp (NYSE:BAC). Chief Executive Officer Brian...
New Delhi, Feb 14 (IANS) Insurtech company InsuranceDekho on Tuesday said it has raised $150 million in its Series A funding, led by Goldman Sachs (NYSE:GS) Asset Management and TVS Capital...
(Bloomberg) -- For months now, an uneasy truce has prevailed between the Federal Reserve and stock investors. As inflation cooled, Chairman Jerome Powell kept mostly quiet about a $5...
By Michael Elkins Jefferies reiterated a Buy rating on Goldman Sachs (NYSE:GS) and raised their price target on the stock to $420.00 (From $393.00) ahead of the company's investor day on...
San Francisco, Feb 10 (IANS) Mira Murati, the Chief Technology Officer (CTO) of OpenAI, the company that created the ChatGPT AI-powered chatbot, recently expressed her concerns about its...
(Bloomberg) -- Big-money speculators are shunning the new-year equity rally, unconvinced by the buying frenzy that has swept across the retail crowd as well as corporate America. While being...
(Bloomberg) -- Economists at Goldman Sachs Group Inc (NYSE:GS). said the risk of a US recession is receding amid a persistently strong jobs market and signs of improving business...
According to research by the deVere Group, 82% of wealthy clientele have thought about investing in digital assets like Bitcoin in 2022. Studies show a rising interest in Bitcoin...
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