Goldman Sachs Considers To Exit Partnership With Apple

Goldman Sachs Group Inc. (GS) is considering exiting its partnership with Apple Inc. (AAPL), the Wall Street Journal reported, citing sources familiar with the matter. The report stated that the bank is in talks with American Express Co. (AXP) to take over its Apple credit card and other services with Apple Inc. The iPhone-maker and … Read more

Goldman analysts revoke Fed rate hike expectation in March after SVB failure

Goldman Sachs analysts have revised their prediction for the upcoming U.S. Federal Reserve meeting, stating that they no longer anticipate a rate hike on March 22. This shift in prediction is due to the recent stress experienced in the banking sector, which has led to considerable uncertainty about the future rate hike path beyond March. … Read more

How to Invest in Soft Landing or Recession, GS

Goldman Sachs is relatively optimistic in 2023, saying there’s only a 1/3 chance of a US recession. That’s high enough that the firm is telling investors to be prepared for ‘hard’ or ‘soft’ landings. US Stock Chief David Kostin and his team put together portfolios designed for either scenario. Goldman Sachs seems like a beacon … Read more

Goldman Sachs says bitcoin will compete with gold as “store of value”

Bitcoin was trading around $46,073 on Wednesday, having struggled to make gains after falling sharply in early December. In November, it had hit an all-time high of $69,000. Bitcoin will take market share away from gold in 2022 as digital assets become more widely adopted, Goldman Sachs analyst Zach Pandl said in a research note … Read more

A Goldman Sachs managing director has reportedly quit after raking in huge gains from dogecoin | Currency News | Financial and Business News

A Goldman Sachs executive has reportedly quit after making millions of dollars from dogecoin, according to eFinancialCareers. Goldman Sachs and the former employee did not immediately respond to Insider’s request for comment. Sources cited in the report said he may be starting a hedge fund. Sign up here for our daily newsletter, 10 Things Before … Read more

Snap Rallies On New Street-High Price Target: Why Goldman Sachs Is Bullish

The Snap Analyst: Heath Terry maintained a Buy rating on Snap shares and increased the price target from $47 to $70. The Snap Thesis: A number of tech innovations and product partnerships Snap has announced since it reported third-quarter results Oct. 20 and a favorable macroeconomic backdrop increase the likelihood of above-consensus revenue growth in … Read more