DIRS.INFO The most relevant business & tech news

☆ The portfolio manager whisperers
▼ + stars: | 2024-05-03 | by ( Alex Morrell | ) www.businessinsider.com time to read: +24 min

AdvertisementHistorically, a hedge fund's chief investment office or senior portfolio manager was responsible for vetting and wooing key investment hires. They can also help hedge funds save on outside recruiting costs, which can add up to tens of millions a year. Hedge funds targeted institutional salespeople at investment banks with exposure to hedge funds, as well as asset allocators with chops in portfolio-manager selection and due diligence. Assets at multimanager hedge funds have boomed since 2018. The principle may work for fictional baseball diamonds, but the reality at hedge funds is more complicated.

Persons: Taylor Swift, Travis Kelce, Goldman Sachs, —, That's, headhunter who's, liken, Nick Saban's, Midlevel, headhunter, Ken Griffin, Michael Kovac, execs, Jennifer Blake, BD Thomas DeAngelis, Walleye Capital Paritosh Singh, Americas Michael Grad, BlueCrest Lindsay Previdi, Point72, Freestone Grove Matthew Giannini, Ken Griffin's, ExodusPoint, Brevan Howard, breakneck buildout, Michael Gelband —, Jonathan Hoffman, Alexander Phillips, ExodusPoint's, Millennium's Izzy Englander, noncompetes, Millennium Management Amanda Gordon, multimanagers, who've, Goldman, Schonfeld, Brevan Howard —, Neil Chriss, Harry Schwefel, Jonathan Brenner, Walleye's, Thomas DeAngelis, DeAngelis, Brenner, DeAngelis hasn't, Kansas City Chiefs Travis Kelce, Erick W, Rasco, Donald Trump's, America couldn't, Citadel execs Todd Barker, Daniel Morillo —, Jeff Runnfeldt, Bobby Jain, allocator Organizations: NFL, Business, Citadel, BD, University of Alabama, execs, Balyasny, Walleye Capital, Millennium, Americas, Freestone Grove, — Citadel, Walleye, BI, Costco, Millennium Management, Bloomberg, Getty, Investor, Barclays, Barclays Capital Solutions, Brookfield, Paloma Partners, Kansas City Chiefs, San Francisco 49ers, Allegiant, Getty Images, Black, Investors, ex, Fortress Locations: America, multimanagers, —, Hudson Bay, Schonfeld, Israel, multimanager, Europe, Middle East, Africa, Vegas, Balyasny

☆ A Goldman Sachs research director explains how he created the firm's best-of-the-best stock-pick list — and makes the case for 22 top companies with up to 59% upside
▼ + stars: | 2024-04-03 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Read previewGoldman Sachs analysts kicked off the new month and quarter by revealing their favorite investing ideas. AdvertisementHow to successfully select stocksThe directors' cut list consists of 20 to 25 stocks beloved by Goldman's research analysts. But a promising outlook alone isn't enough to make the directors' cut list. Kron and company also look for stocks that Goldman Sachs analysts are more bullish about than their peers are. AdvertisementBelow are the 22 companies on the "directors' cut" version of Goldman Sachs' US conviction stock list.

Persons: —, Goldman Sachs, Steven Kron, Kron, Chris Hussey, John Marshall, Stocks Organizations: Service, Business, Goldman, Citigroup, Royal Caribbean Cruises, TPG, Blue Owl, TE, Chevron

☆ 10 things to watch in the stock market Thursday, including inflation, Nvidia, Broadcom, Microsoft
▼ + stars: | 2024-03-14 | by ( Zev Fima | ) www.cnbc.com time to read: +4 min

Morgan Stanley analysts say, "Within internet coverage group, the survey results were most bullish for OW (overweight) META . Evercore ISI raises its Netflix price target to $640 per share from $600, reiterating its buy-equivalent rating. The analysts say the turnaround at IBM continues, citing "a defensive portfolio, attractive dividend yield, and underappreciated AI capabilities." Goldman Sachs research analysts upgrade shares of Citigroup to buy from neutral with a $68-per-share price target. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Steven Mnuchin, ByteDance, Mnuchin, Morgan Stanley, Bernstein, Mizuho, Arvind Krishna, Goldman Sachs, Wells, Dick's, Jim Cramer's, Jim Cramer, Jim Organizations: PPI, CPI, CNBC, U.S, Community Bancorp, Facebook, Nvidia, Broadcom, Citi, Micron, Microsoft, Security, Disney, Amazon, Bank of America, IBM, Citigroup, Dick's, Goods, Jim Cramer's Charitable Locations: New, Japan

☆ Goldman Sachs likes these five stocks coming out of earnings, including this hot chip name
▼ + stars: | 2024-02-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Analysts at Goldman Sachs have highlighted a handful of tech stocks with upside as earnings season begins to wind down. The S & P 500 tech sector posted an earnings growth rate of 21.6% in the fourth quarter. Arm Analyst Toshiya Hari is standing by shares of the semiconductor and software design company. Arm delivered a blowout fiscal third-quarter earnings report earlier this month, and the sky is the limit for the company, according to the firm. ASML The semiconductor company posted beats on its latest earnings report , but warned that it expects sales to be flat this year compared to 2023.

Persons: Goldman Sachs, Hari, Kash Rangan, Rangan, Monday.com, Alexander Duval, Duval, ASML, ANET Organizations: Goldman, CNBC, Arista Networks, Arm Holdings, ASML, Data Center, Automotive, Microsoft, Nvidia, TAM, …, Software Locations: China

☆ These are the 22 best stocks to buy for up to 94% upside while AI leads markets higher, according to Goldman Sachs
▼ + stars: | 2024-02-04 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

Investors hoping for new leadership in the stock market have been sorely disappointed, as 2023's top performers have generally enjoyed encores early in the year. "The potential of AI and a burgeoning positive inflection in corporate demand for software and compute power are fueling the hyper-scalers and the facilitators of technology," Kron wrote. Economists at Goldman Sachs boosted their US GDP growth projection from 2% to 2.4% in January since consumers and the government are spending more than expected. AdvertisementA normalizing economic environment will allow the Federal Reserve to lower interest rates throughout the year, according to Goldman Sachs. 22 stocks to buy nowBesides sharing its latest market commentary, Goldman Sachs unveiled its conviction list of companies it's most confident in now.

Persons: —, Goldman Sachs, Steven Kron, Kron, Goldman Organizations: Service, Business, Nvidia, Microsoft, Meta, Goldman, Federal Reserve, Wall Street Locations: East, Russia

☆ Goldman Sachs is pounding the table for these top tech stocks ahead of earnings
▼ + stars: | 2024-01-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Goldman Sachs is getting bullish on tech ahead of key earnings. CNBC Pro combed through Goldman Sachs research to find the firm's favorite tech names as earnings season heats up. Microsoft Analyst Kash Rangan expects big results from Microsoft when the company issues its fiscal second-quarter report on Tuesday . Broadcom Goldman recently reinstated coverage of the semiconductor company with a buy rating ahead of its earnings report in February. In addition, the VMware deal should "drive operating margin expansion and earnings growth well in excess of the industry average," he said.

Persons: Goldman Sachs, Kash Rangan, Rangan, Broadcom Goldman, Toshiya Hari, Hari, Apple Goldman, Michael Ng, Ng, … AAPL Organizations: CNBC, Apple, Microsoft, Broadcom, VMware, Apple Services, Apple Music, Apple Vision, Semiconductor, TAM Locations: CY23

☆ The generative AI future will not be free
▼ + stars: | 2024-01-19 | by ( Alistair Barr | ) www.businessinsider.com time to read: +6 min

Our paid AI futureToday, we're at the start of a similarly exciting new technology wave with generative AI. Even Google, the master of free online services, is considering paid subscriptions for some of its new AI offerings. So, why will generative AI offerings be paid from the start? One possible answer is that ads may not work as well in this new generative AI future. Charging for new generative AI services is one way to create new earnings.

Persons: —, Chris Anderson, Stephen Colbert, Colbert, Alexa, Insider's Eugene Kim, Sundar Pichai, Bard chatbot, Oren Etzioni, Dave Limp, Etzioni, Goldman Sachs, Goldman Organizations: Service, Business, Facebook, YouTube, Google, Engadget, Alexa, Big Tech, Apple, Microsoft, Meta Locations: Silicon, we're

☆ The money you are saving at the pump this holiday season is probably only temporary
▼ + stars: | 2023-11-21 | by ( Cork Gaines | ) www.businessinsider.com time to read: +5 min

Goldman Sachs researchers are projecting oil prices to jump nearly 20% next year. AdvertisementAs the holiday season approaches, drivers are experiencing a welcome respite at gas stations, but those savings will likely go away in the new year. Last week, West Texas Intermediate crude, a benchmark for oil prices, dipped to approximately $73 per barrel, a significant 20% drop from its late September peak of $94. "The big surprise of 2023 is stronger than expected non-OPEC supply growth, which we think will slow heading into 2024," Struyven said. And what the US economy doesn't need in the near future is Americans tightening their budgets after their summer of fun and the holiday spending season.

Persons: Goldman Sachs, —, GasBuddy, Daan Struyven, CNBC's, Dado Ruvic, Struyven, David Kelly, We're, Kelly Organizations: Service, West, AAA, OPEC, Reuters, US Strategic Petroleum Reserve, Biden, Strategic Petroleum Reserve Energy Department, Strategic Petroleum Reserve, Morgan Asset Management Locations: West Texas, OPEC, Ukraine, Russia, Saudi Arabia

☆ These behavioral traits lead to greater retirement savings, research finds. Yet only 10% of workers have them
▼ + stars: | 2023-11-14 | by ( Lorie Konish | ) www.cnbc.com time to read: +1 min

People who find it easiest to financially prepare for retirement have four behavioral traits, a new survey shows. Yet just 10% of workers have all of these "optimal" characteristics, according to the survey findings, from Goldman Sachs Asset Management in collaboration with Syntoniq, a behavioral finance research organization. The behaviors help retirement savers turn their intentions into action, according to the July survey of 5,261 workers and retirees. Previous Goldman Sachs research has found competing life priorities — such as the need to pay down student loans, provide care for other family members or other financial hardships — may reduce workers' retirement savings by up to 37%. The research led to the discovery of the four traits, which are "not inherently things that you would think about for retirement," Ceder said.

Persons: Syntoniq, Goldman Sachs, Gen Z, Chris Ceder, Ceder Organizations: Goldman Sachs Asset Management, Finance, Research, Greenwald Research

☆ Goldman Sachs asked over 2,000 Black women in the US about their money and the numbers are grim — but ripe for change
▼ + stars: | 2023-11-01 | by ( Jennifer Streaks | Senior Personal Finance Reporter | Read More | ) www.businessinsider.com time to read: +5 min

AdvertisementAdvertisementGoldman Sachs' Black Women Initiative released a new report that asked over 2,000 Black women about money. In an effort to shed light on critical workforce disparities affecting Black women, Goldman Sachs' Black Women Initiative released a new report: "Money Matters: One Million Black Women Economic Mobility Survey." In fact, 63% of Black women report that they are optimistic about their futures. This comprehensive investment in Black women includes direct investing, which emphasizes financial health and digital connectivity across areas that directly impact Black women and their lives. It's led by Black women, advised by a council of Black leaders from across the country in partnership with Black women-led organizations, and most importantly centers Black women with the goal of positively impacting over 215,000 Black women across the core investment pillars of healthcare, job creation and workforce development, education, affordable housing, digital connectivity, financial health, and access to capital.

Persons: Goldman Sachs, —, Asahi Pompey, It's, Black, Pompey Organizations: Service, Economic Mobility Survey, Asahi, Goldman Sachs Foundation, Goldman, Goldman Sachs Investment Locations: Black, America, United States

☆ Educated Gen Zers in China are choosing not to work. It could be a problem for the US economy.
▼ + stars: | 2023-10-29 | by ( Ayelet Sheffey | Huileng Tan | ) www.businessinsider.com time to read: +8 min

Youth unemployment in China hit a record high of 21% in May. It's a problem not only for China's economy — it could hurt the US, as well. China's economy is on shaky ground as it emerges from very strict lockdown pandemic measures. That's compared to the US youth unemployment rate of 7.4% in May. "The stakes are high for correcting these imbalances, given how important the youth population is to China's economy," the note said.

Persons: There's, —, China —, it's, China's, China — Benn Steil, Steil, Victoria University of Wellington Christian Yao, Alfred Wu, National University of Singapore's Lee, Wu, Goldman Sachs, they're, it'll Organizations: Service, Trade, National Bureau of Statistics, Weibo, China, Council, Foreign Relations, Victoria University of Wellington, China Macroeconomy, New York Times, National University of Singapore's, National University of Singapore's Lee Kuan Yew, of Public, NBC News Locations: China, decouple, Japan, United States

After 525 basis points of interest rate hikes, financial conditions are now the tightest in a year, and biting. JPMorgan strategists estimate that the impact on GDP from tightening financial conditions takes anywhere from one to two years to be felt. Reuters Image Acquire Licensing RightsReuters Image Acquire Licensing RightsThe renewed weakness of U.S. regional bank shares is one of them. Reuters Image Acquire Licensing RightsReuters Image Acquire Licensing RightsBNP Paribas analysts reckon the impact on GDP growth from tighter financial conditions recently equates to a 40 basis point rate hike. Around a third of the bank's financial conditions index rise since April is from higher bond yields.

Persons: Brendan McDermid, Goldman Sachs, Torsten Slok, Morgan Stanley, Jerome Powell, Jamie McGeever, Andrea Ricci Organizations: New York Stock Exchange, REUTERS, Rights, Fed, Treasury, Wall, JPMorgan, National Federation of Independent, Reuters, Thomson Locations: New York City, U.S, Rights ORLANDO , Florida, October's

The ramifications for global markets are significant, with Washington and Beijing's determination to loosen dependence on each other fraying long-established supply chains. Many central banks target 2% inflation; market gauges of traders' long-term U.S. and European inflation expectations are running higher , . Anna Rosenberg, head of geopolitics at the Amundi Investment Institute, said Sino-U.S. tensions, provide a "new lens" through which to analyse emerging markets' growth prospects. But the performance of big U.S. tech stocks and global share indices are vulnerable to signs of Chinese retaliation. With China underperforming global stocks, investors are split on how to approach this market.

Persons: Dado Ruvic, Joe Biden, Goldman Sachs, Wouter Sturkenboom, Laura Alfaro, Anna Rosenberg, Christopher Rossbach, J, Stern, Carole Madjo, Wendy Liu, Baird, Patrick Spencer, Naomi Rovnick, Kripa Jayaram, Riddhima, Vineet, Sumanta Sen, Pasit, Louise Heavens Organizations: REUTERS, EMEA, APAC, Northern Trust, Reuters, Research, Harvard Business, Amundi Investment Institute, INDIA RUSH, Barclays reckons, EU, Apple, China, Barclays, JPMorgan, Thomson Locations: West, China, Washington, Western, Germany, Northern, Europe, FRIENDSHORING Washington, Vietnam, Mexico, Mongolia, Philippines, Sino, U.S, India, Beijing, COVID, CHINA

☆ Here's what analysts see in store for stocks as the US government barrels towards a shutdown
▼ + stars: | 2023-09-25 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

The US government is more likely than not to shutdown by the end of the month, Goldman Sachs warned. But stocks could rebound quickly from any ensuing volatility, stock market experts say. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . And in some cases, stocks actually ended the shutdown period higher, with the market gaining a net 10% following the 2018-19 shutdown, according to Renaissance Macro. "I think the government shutdown itself isn't a major issue from a stock market perspective," Truist co-chief investment officer Keith Lerner said to CNBC on Monday.

Persons: Goldman Sachs, —, it's, aren't, Charles Schwab, Alec Phillips, shutdowns, Dow Jones, Wells, Truist, Keith Lerner Organizations: Service, Goldman Sachs Research, CNBC

☆ Wall Street's hottest career move: the volatile, lucrative world of private credit
▼ + stars: | 2023-09-18 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +8 min

So it's no wonder that through the past couple of years, working on and around private credit deals has become Wall Street's career du jour. Private credit is most often floating-rate debt — that is, debt where interest rates rise in concert with rate hikes. 'Unheard of' salaries, while risks abound in the marketIt's worth noting what private credit is: we're talking about debt and loans. "For most of my career, attracting new attorneys to private credit was a challenge. Proskauer's private credit group now has 90 lawyers, 24 of whom are partners, working full-time on private credit.

Persons: that's, Marc Rowan, Marc Lipschultz, Goldman Sachs, Paul Heller, Hannah Robb, Robb, It's, Cliffwater, Heller, Caldwell, Banks, Carlyle, Blackstone, Marco Acerra, Spencer Stuart, it's, Acerra, Richard Fernand, Nicholas Kalogeropoulos, Sam Iles, I've, Mike Mezzacappa, Evan Palenschat, Robert Lewin Organizations: Blackstone, Partners, CFA Institute, Columbia Business School, Wall Street, Alpha FMC, Barclays, Goldman Locations: New York

☆ ChatGPT generates cancer treatment plans that are full of errors, study shows
▼ + stars: | 2023-08-25 | by ( Tom Carter | ) www.businessinsider.com time to read: +4 min

Study finds that ChatGPT provided false information when asked to design cancer treatment plans. The chatbot mixed correct and incorrect information together, making it harder to decipher. Researchers at Brigham and Women's Hospital – a teaching hospital of Harvard Medical School in Boston, Massachusetts – found that cancer treatment plans generated by OpenAI's revolutionary chatbot were full of errors. AdvertisementAdvertisementDespite ChatGPT's success, generative AI models are still prone to "hallucinations," where they confidently present information that is misleading or wildly incorrect. The company's terms of usage warn that their models are not designed to provide medical information, and should not be used to "provide diagnostic or treatment services for serious medical conditions."

Persons: ChatGPT, Boston , Massachusetts –, Bloomberg –, Danielle Bitterman, didn't, Goldman Sachs, Google's, Bard, James Webb, OpenAI Organizations: Brigham, Women's, Harvard Medical School, JAMA Oncology, Bloomberg, Comprehensive Cancer Network, Harvard Locations: Boston , Massachusetts

☆ Big-money investors are increasingly bullish on these 8 AI beneficiaries, according to a Goldman Sachs analysis of over 744 hedge funds with a combined $2.4 trillion in equities
▼ + stars: | 2023-08-23 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Hedge funds' top holdings have performed much better this year than in 2022 or 2021. Here are eight artificial intelligence beneficiaries that hedge funds are gravitating toward. The heaviest investments from hedge funds recently have been to energy and financials stocks, Snider wrote. 8 AI winners that hedge funds still loveWhile hedge funds haven't turned their back on tech, it may appear that way at first glance. Along with each is its ticker, industry, the number of hedge funds that owned it in December 2022 and June 2023, and the increase in the number of hedge funds that owned the stock in that span.

Persons: Goldman Sachs, Goldman Sachs Goldman Sachs, Ben Snider, Snider, they're, Russell, they've, haven't, it's Organizations: Microsoft, Nvidia, Goldman Sachs Research, Apple

☆ Goldman Sachs: These 72 non-tech companies are setting themselves up to be the unexpected winners of the AI revolution and enjoy an earnings boost for the next 20 years
▼ + stars: | 2023-08-21 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

Companies encouraged investors to focus on artificial intelligence on Q2 earnings calls. These 72 companies outside of the technology sector touted AI in Q2, according to Goldman Sachs. Though some market commentators think that AI hype has gone too far, Goldman Sachs agrees with its peers that the enthusiasm is well-founded. That's reflected by a surge of mentions of AI by firms of all types on Q2 earnings calls, Goldman Sachs researchers recently noted. 72 under-the-radar AI winnersAfter poring over earnings call transcripts, Goldman Sachs researchers found that executives disproportionately discussed three topics: AI, economic growth, and sales growth drivers.

Persons: Goldman Sachs, David Kostin, that's, Goldman Sachs Goldman Sachs, they're Organizations: Companies, Management

☆ Goldman Sachs says India will overtake the U.S. to become the world's second-largest economy by 2075
▼ + stars: | 2023-07-10 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +4 min

Wolfgang Kaehler | Lightrocket | Getty ImagesIndia is poised to become the world's second-largest economy by 2075, leapfrogging not just Japan and Germany, but the U.S. too, says Goldman Sachs. "Over the next two decades, the dependency ratio of India will be one of the lowest among regional economies," said Goldman Sachs Research's India economist, Santanu Sengupta. Sengupta added that the key to drawing out the potential of India's rapidly growing population is to boost the participation of its labor force. The Achilles heel to the bank's projection is the labor force participation rate — and whether it increases at the rate which Goldman projects. "The labor force participation rate in India has declined over the last 15 years," the report noted, underlining that women's participation rate in the labor force is "significantly lower" than men's.

Persons: Taj, Wolfgang Kaehler, leapfrogging, Goldman Sachs, Santanu Sengupta, Sengupta, Goldman, Downside Organizations: Lightrocket, Getty, India, U.S, Tech, Employees, Bloomberg, Nurphoto Locations: Japan, Germany, U.S, India, China, Nasscom, Greater Noida, piecework, Nagaland, Nurphoto

☆ Why Japan is lagging behind in generative A.I. — and how it can create its own large language models
▼ + stars: | 2023-07-07 | by ( Audrey Wan | ) www.cnbc.com time to read: +7 min

But the nation is lagging behind in the generative AI race and is trying to create its own large language models. Generative AI has been the trendiest topic in tech since OpenAI made waves with its chatbot ChatGPT. Key to generative AI development are large language models which underpin the likes of ChatGPT and Baidu's Ernie Bot, capable of processing vast data sets to generate text and other content. Japanese companies pursuing generative AIBig Tech players have also joined the fray to boost Japan's standing in generative AI. While it has yet to catch up in the generative AI space, Japan is making its first stride with these private sector efforts.

Persons: Goldman Sachs, Ernie Bot, Noriyuki Kojima, Kojima, Fumio Kishida, Sam Altman, Masayoshi, Son, Amir Anvarzadeh, Anvarzadeh, CyberAgent, Bloom Organizations: Getty, Japan, Technology, Reuters, Microsoft, Google, Ministry of Economy Trade, Industry, IMD, Nikkei, Tokyo Institute of Technology, Tohoku University, Fujitsu, Riken, Japanese, Big Tech, SoftBank Group, SB Energy, Toyota Tsusho, Fortress Investment, Vision Fund, Asymmetric Advisors, NTT, Local Locations: Japan, China, Europe, Nikkei Asia, Government, Tohoku, Hokkaido, SoftBank

☆ 5 ways AI could change your job, including making it more interesting and helping to convince your boss to let your work from home
▼ + stars: | 2023-06-27 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Insider asked several experts in AI, economics, and remote work about the multitude of ways Americans' working lives could be impacted by AI moving forward. AI could eliminate some jobs and boost competition for those that remainGenerative AI technologies like ChatGPT will likely create some jobs and replace others. But for companies with leadership that has this concern, AI productivity gains could help them forget about some of their remote work "productivity paranoia" — a factor that in theory, could help remote work persist at some businesses. "So I think the biggest AI impact will be a ton of fully remote jobs like data-entry, payroll etc going to AI." Added Frey: "Any technology that increases productivity, ChatGPT included, makes a shorter workweek more feasible."

Persons: —, there's, Goldman Sachs, Mark Muro, Carl Benedikt Frey, coders, Frey, Oded, Muro, Nick Bloom, Columbia's Netzer, Michael Chui Organizations: Service, Brookings Institution, Columbia Business School, Workers, Microsoft, New York Fed, Companies, Stanford, McKinsey Global Institute Locations: Oxford

☆ Market moves may ramp up as debt ceiling deadline approaches, says Goldman's Alec Phillips
▼ + stars: | 2023-05-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket moves may ramp up as debt ceiling deadline approaches, says Goldman's Alec PhillipsAlec Phillips, chief U.S. political economist at Goldman Sachs Research, and CNBC's Kayla Tausche join 'The Exchange' to discuss ongoing debt ceiling negotiations, President Biden's plans to meet with Congress, and the odds of a temporary debt ceiling extension.

HONG KONG, May 2 (Reuters Breakingviews) - Money flowing into the People's Republic is getting uncomfortably hot. Yet recent reversals in New York, Hong Kong and Shanghai suggest that is driven by fickle short-term funds – exactly what Beijing doesn’t want. Reuters Graphics Reuters GraphicsFollow @mak_robyn on TwitterCONTEXT NEWSChinese spirit maker ZJLD shares closed down 18% lower than their initial public offering price on their trading debut April 27. The KKR-backed company raised $676 million in what was the biggest offering in Hong Kong since October 2022. Separately, the Ontario Teachers' Pension Plan, Canada's third largest pension fund, closed down its China equity investment team based in Hong Kong, Reuters reported on April 25, citing sources.

☆ Goldman Sachs says these 'compelling' stocks are earnings season winners
▼ + stars: | 2023-04-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Sifting through the flood of financial reports this week, Goldman Sachs analysts have named a slew of stocks poised for more growth ahead. Constellation Brands Shares of the beer and wine maker are just too attractive to ignore, the firm said. Braze "Long-term fundamentals are intact," analyst Gabriella Borges said of the cloud software marketing company. Braze shares are up more than 7% this year, after coming off of a better-than-expected fiscal fourth-quarter report . Importantly, the company raised its full year outlook at the high end of prior range, with ~8% net sales growth and ~11% adj.

☆ Goldman Sachs says these are its top picks heading into quarterly earnings
▼ + stars: | 2023-04-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Earnings season is off and running and Goldman Sachs has named a host of stocks to buy ahead of the companies' quarterly reports. CNBC Pro combed through Goldman Sachs research to find stocks to own as first-quarter earnings kick off. They include Tesla, Boeing, CBRE , T-Mobile and Logitech. CBRE Group Goldman is standing by its buy rating on the real estate investment firm, even as lending standards tighten following the recent bank crisis. T-Mobile The wireless provider is Goldman's favorite growth stock, and favorite pick overall, the firm said in a recent earnings preview note to clients.

Search resuls for: "Goldman Sachs Research"

25 mentions found