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Goldman Sachs CIO says AI tools may offer superhuman productivity, but ‘I don’t know if they can be...
Fortune via Yahoo Finance Canada· 4 days agoAt a fintech conference in May 2023, Goldman Sachs CIO Marco Argenti told the audience that AI will...
Goldman Uses Euros to Fund Its Favorite Carry Trade: the Rupee
Bloomberg via Yahoo Finance Canada· 5 days ago(Bloomberg) -- Goldman Sachs Group Inc. is using the euro as the preferred currency to fund its long...
People Dislike Activist Short Selling
Bloomberg· 8 hours agoMatt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton,...
Here's the biggest risk to Nvidia being a $10 trillion juggernaut
Yahoo Finance· 10 hours ago"There's very little likelihood that there isn't competition out there [for Nvidia]," Goldman Sachs...
Hedge funds miss post-French election stock jump, Goldman Sachs data shows
Reuters via Yahoo Finance Canada· 2 days agoHedge funds betting on a rise in banking shares abandoned trades last week at the fastest pace since...
Ex-Billionaire Gets 7 1/2-Year Sentence for Defrauding Investors Goldman, Google
Bloomberg via Yahoo Finance Canada· 1 day ago(Bloomberg) -- A former jet-setting Chicago billionaire was sentenced to seven and a half years in...
Global M&A rises, even as deal numbers dwindle | Investment Executive
Investment Executive· 3 hours agoThe strength in large deals helped power the rise in global deal value, despite lower deal volumes....
Goldman: S&P 500 expected to hit 5,600 by year-end after 15% gain in 1H
Investing.com via Yahoo Finance Canada· 21 hours agoThe report notes that while the equal-weight S&P 500 returned 5%, the main contributors to the year-to-date return included better earnings expectations, a 7% expansion in the forward price-to-earnings ...
Goldman Sachs: Is there "too much spend, too little benefit" in AI craze?
Investing.com via Yahoo Finance Canada· 5 days agoInvesting.com -- Tech giants and other firms are set to spend roughly $1 trillion in the coming years on developing their artificial intelligence capabilities, including investments in data ...
Ten big banks settle US interest rate swaps rigging litigation
Reuters via Yahoo Finance Canada· 5 days agoTen large banks including Bank of America, Goldman Sachs and JPMorgan Chase will pay $46 million to...