goldman sachs

Goldman Sachs Reports Better-than-expected Q2 Earnings

Goldman Sachs Reports Better-than-expected Q2 Earnings

Goldman Sachs Group Inc. (NYSE: GS) on Tuesday reported better-than-expected revenue and earnings as the Company also named a new CEO.  The Company said net revenue rose 19% to USD 9.4 Billion in the second quarter ended June 30, 2018, beating ..

Goldman Sachs Announces David Solomon as Next Sole CEO

Goldman Sachs Announces David Solomon as Next Sole CEO

Goldman Sachs Group Inc. (NYSE: GS) announced on Monday that David Solomon, current co-President, to replace Chief Executive Officer Lloyd Blankfein, as Harvey Schwartz, Goldman’s other co-President and co-Chief Operating Officer, will retire ..

Goldman Sachs Shares Fall Despite Earning Beat

Goldman Sachs Shares Fall Despite Earning Beat

Goldman Sachs Group Inc. (NYSE: GS) on Tuesday reported third-quarter revenue and earnings that easily topped analysts’ estimates.The investment bank said third-quarter net income increased 2 percent to $2.13 billion, or $5.02 per share, compa..

Netflix Stock Breaks $200 for the First Time on Bullish Calls from Wall Street Banks

Netflix Stock Breaks $200 for the First Time on Bullish Calls from Wall Street Banks

Netflix, Inc. (NASDAQ: NFLX) shares rose past $200 for the first time in the early trading on Friday after Goldman Sachs Group Inc (NYSE: GS) and JPMorgan Chase & Co.(NYSE: JPM) raises their price target for the video streaming company.Gold..

Federal Reserve’s New Rule to Help Unwind Big Banks

Federal Reserve’s New Rule to Help Unwind Big Banks

On Friday, The Federal Reserve finalized a new rule that would make it easier to unwind important U.S. banks by creating a safe harbor for financial contracts after a firm defaults. This decision was unanimously approved by Federal board members and..

Goldman Sachs Upgrades Wal-Mart to Buy

Goldman Sachs Upgrades Wal-Mart to Buy

Goldman Sachs Group Inc. (NYSE: GS) upgraded Wal-Mart Stores Inc. (NYSE: WMT) to buy from neutral on Friday, also adding the stock to the company’s so-called Conviction List, with an $84 price target. Wal-Mart shares closed Thursday at $75.05 ..

Tesla Inc. Shares Down Sharply After Goldman Sachs Downgrade

Tesla Inc. Shares Down Sharply After Goldman Sachs Downgrade

Tesla Inc. (NASDAQ: TSLA) took a beating this morning as Goldman Sachs Group Inc (NYSE: GS) analysts have downgraded the stock, issuing a valuation of $180 down from previous stance of $190.The automaker had posted record prices earlier this year, a..