Goldman Sachs Group

A survey by Goldman Sachs Group Inc. (NYSE:GS) found that just 11% of clients in the technology, industrial, and finance sectors are actively cutting jobs as a result of AI adoption. The report gathered insights from more than 100 Goldman Sachs investment bankers. AI Drives Productivity Overcuts...

Goldman Sachs Group Inc. (NYSE:GS) CEO David Solomon says advancements in artificial intelligence (AI) will result in an expansion of the bank’s workforce over the next ten years. Solomon shared his vision for the future of Goldman Sachs in a discussion with Bloomberg last week. Contrary to...

U.S. 10-Year Treasury yields touched 4.5% on Friday, up 55 basis points over the week, marking their biggest weekly gain in three years, owing to substantial tariff-related uncertainties. What Happened: The U.S. 10-year Treasuries had a volatile day on Friday, with yields reaching as high as 4.50...

U.S. stock futures rose following President Donald Trump’s decision to pause tariffs on consumer electronics products on Sunday, after a whirlwind week for the markets. Nasdaq Futures led the way with 1.2% gains reaching 19,036, followed by S&P 500 Futures up 0.74% at 5,433, and finally...

On Monday, the leading U.S. stock indices experienced declines, as the Dow Jones Industrial Average concluded the day 0.65% below at 37,735.11, while the S&P 500 dipped 1.2% to 5,061.82. Similarly, the Nasdaq closed the session with a decrease of 1.8% at 15,885.02. These are the top stocks that...

A century’s worth of historical data offers a reassuring message to those concerned about technology concentration in the stock market. Goldman Sachs analysis reveals that over the past 100 years, the S&P 500 has consistently continued its upward trajectory in the year following the peak...

Last month, Blockworks hosted its Digital Asset Summit (DAS) at the Royal Lancaster Hotel in London, England. During this event, builders, financiers and enthusiasts gathered to speak about the new world of finance and cryptocurrency that’s still developing. At the time, the markets were...

The Past Week, In A Nutshell What Happened: After the abrupt rotation into value and small-cap stocks on the procurement COVID-19 coronavirus vaccines and news of further lockdowns, broad-market indices ended flat-to-down. Remember This: “Historically the overall retail investor sentiment or...

Spotify, the popular music-streaming site, tapped private equity firm TPG, hedge fund Dragoneer Investment Group and clients of Goldman Sachs Group to raise $1 billion, The Wall Street Journal reported after Tuesday's market close. Spotify's $1 billion in convertible debt was the...

“I’m cautious to call it ‘red-hot’ but it’s very strong,” Matt Porzio, vice president of M&A strategy at Intralinks Holdings Inc (NYSE: IL) told Benzinga. Porzio was referring to M&A activity through Q2 2015 and the results of Intralinks’ latest...

JPMorgan Chase & Co. (NYSE: JPM) declared its second-quarter earnings earlier on Tuesday. The company declared an EPS of $1.54, versus analysts' estimates of $1.44. UBS analyst, Brennan Hawken, was on CNBC recently to discuss why he has a Neutral rating on the stock with a $65 price...

Privately, CEOs are probably like most people, fed up with gridlock in Washington and feeling somewhat powerless to do anything about it. Based on the “polite declines” Benzinga received when reaching out to several corporate leaders for comment, however, many preferred to keep...

T-Mobile US (NYSE: TMUS) is a takeover target. That much seems almost certain. Whether it will eventually be acquired by Sprint (NYSE: S), Dish Network (NASDAQ: DISH) or someone else is open to debate. As the various players position themselves, one entity stands ready to make or break any...