Large U.S. banks rallied to fresh record highs on Wednesday as investors cheered on stronger-than-expected fourth-quarter earnings, driven by resilient lending income, cost-cutting efforts and a rebound in corporate deal-making sending.
Morgan Stanley raised the firm’s price target on Goldman Sachs (GS) to $782 from $736 and keeps an Overweight rating on the shares after the
But the grand machinery keeping Wall Street moving is just picking up steam. That's because, deterred by regulatory uncertainty and higher borrowing costs, U.S. corporations have mostly sat on the sidelines in recent years when it came to buying competitors or selling themselves.
The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.
Stocks recently featured in the blog include, The Goldman Sachs Group, Inc. GS, JP Morgan JPM, Barclays BCS and Morgan Stanley MS. Here are highlights from Wednesday’s Analyst Blog: Goldman ...
Morgan Stanley, on Monday, forecast UK's economic growth would be less than 1% this year, echoing the estimate of its Wall Street peers Goldman Sachs and J.P.Morgan, citing a slowdown in Britain's economy and signs of labour market weakness.
The Bank of England is likely to cut interest rates far further and faster than markets are currently expecting, according to two giant US banks.
JPMorgan Chase, Bank of America, Citi, Goldman Sachs, Morgan Stanley and BlackRock were all asked about how they plan to implement or have implemented hiring or supplier diversity goals.
Morgan Stanley: This Zacks Rank #2 (Buy ... of buoyant equity markets and rate cuts this year, along with Goldman Sachs' leadership position, lent it an edge over its peers.
The Goldman Sachs Group, Inc. shares touched an all ... GS peers JP Morgan and Morgan Stanley have gained 66.7% and 55.8%, respectively, during the same time frame. The primary reason for ...
Dr Agarwal’s Healthcare allotted 2.17 crore equity shares to 43 funds at ₹402 apiece, which is also the upper end of the price band. This aggregates the transaction size to ₹875.50 crore.
Chinese startup DeepSeek’s super-efficient open-source AI model may have sunk some of Wall Street’s favorite AI stocks on Monday, but it may have also crowned some new favorites.