Metals Stocks: Goldman slashes gold and silver forecasts as traders wait for CPI data

Gold prices fell on Wednesday ahead of crucial consumer price inflation data. Goldman Sachs slashed its forecasts for the precious metal, along with silver, citing increased focus on the Federal...

Metals Stocks: Goldman slashes gold and silver forecasts as traders wait for CPI data

Important data is looming on Wednesday for gold and other assets. Goldman Sachs, meanwhile, has slashed its gold and silver forecasts.

Goldman slashes gold and silver forecasts as traders wait for CPI data

Gold prices fell on Wednesday ahead of crucial consumer price inflation data. Goldman Sachs slashed its forecasts for the precious metal, along with silver, citing increased focus on the Federal...

Stock futures flat as investors brace for July inflation report

S&P 500 and Nasdaq 100 futures were fractionally lower early on Wednesday. Nasdaq Composite led declines, falling 1.19% after Micron, Novavax and Upstart warned that future earnings and revenue...

Previewing The "Historic" July CPI Report, And Why A Miss Will Make Powell's Life Extremely Hard

Previewing The "Historic" July CPI Report, And Why A Miss Will Make Powell's Life Extremely Hard As Bloomberg's Sebastian Boyd writes, it’s hard to overstate the importance of...

Apple Card's rapid growth, outside vendors blamed for mishaps within Goldman's credit-card business

The Apple Card's rapid growth and the platform Goldman Sachs built to service it resulted in some failures more reminiscent of a traditional issuer than a customer-first disruptor. Regulators are...

Avaya’s Collapsing Debt Deal Hits Clients of Goldman, JPMorgan

The two banks sold new loans and bonds for Avaya, a cloud-communications company, in late June. Investors included Brigade Capital Management LP and Symphony Asset Management LLC, people familiar...

Avaya’s Collapsing Debt Deal Hits Clients of Goldman, JPMorgan

The two banks sold new loans and bonds for Avaya, a cloud-communications company, in late June. Investors included Brigade Capital Management LP and Symphony Asset Management LLC, people familiar...

Retail Investors Pile Into Meme Stocks Despite Violent Selloff

Retail Investors Pile Into Meme Stocks Despite Violent Selloff The meme stock euphoria that characterized the past week of trading and which sent names like BBBY, GME and AMC...

Avaya’s Collapsing Debt Deal Hits Clients of Goldman, JPMorgan

The two banks sold new loans and bonds for Avaya, a cloud-communications company, in late June. Investors included Brigade Capital Management LP and Symphony Asset Management LLC, people familiar...

Apple Card’s rapid growth, outside vendors blamed for mishaps within Goldman's credit-card business

Goldman struggled to handle a bigger-than-expected influx of disputed transactions from Apple Card users, known in the industry as chargebacks.

Futures Slide On Tech Weakness As Meme Stocks Fade, CPI Looms

Futures Slide On Tech Weakness As Meme Stocks Fade, CPI Looms After a Monday which started off with a powerful rally only to fizzle and close in the red, overnight market action has...

Avaya's Collapsing Debt Deal Hits Clients of Goldman, JPMorgan

The cloud-communications company cut its earnings forecast by more than 60% a few weeks after borrowing $600 million from the banks’ investment clients.

Marko Kolanovic Says It's Time To Shift Away From Stocks To Commodities

Marko Kolanovic Says It's Time To Shift Away From Stocks To Commodities Heading into August, we had over 7 full months where every. single. week, JPM's equivalent of Goldman's Abby...

Markets In A World Of Pain As Most-Shorteds Squeeze Higher While TSY Curves Invert To Grotesque Levels

Markets In A World Of Pain As Most-Shorteds Squeeze Higher While TSY Curves Invert To Grotesque Levels It was a wasted day in the market, one where stocks ground higher overnight and...

Goldman says beware these stocks with unsustainable margins in a tough environment ahead

Goldman Sachs chief U.S. equity strategist David Kostin says investors should brace themselves for difficult times ahead. Stocks have been on a tear recently, with the S & P 500 up about 13% from...

Stock Market News Today: S&P 500, Dow Rise With Earnings in Focus

S&P 500 companies can expect a modest hit to earnings if the Inflation Reduction Act passes in its current form. Many large companies currently use various credits, deductions and other...

Don't expect the stock market to rally even as gas prices fall and inflation cools, Goldman Sachs says

"We don't see much potential for large further gains because the Fed is unlikely to tolerate much easier financial conditions," Goldman said.

Wall Street banks like growth stocks again. Here are the top picks from Goldman and more

Of the 10 major sectors on the S & P 500, nine have notched gains over the past month. That included a bunch of growth sectors such as tech, industrials, communication services and materials....

Goldman Warns Oil Is 'Down But Not Out': The Good, Bad, & Ugly In The Energy Complex

Goldman Warns Oil Is 'Down But Not Out': The Good, Bad, & Ugly In The Energy Complex Oil prices have tumbled 25% since early June, driven by low trading liquidity and a mounting wall...

You Know It's Bad When... Bernie Mocks Dems' "So-Called Inflation Reduction Act"

You Know It's Bad When... Bernie Mocks Dems' "So-Called Inflation Reduction Act" Senate Democrats late on Aug. 6 advanced a mammoth spending bill on climate and energy, health care,...

Goldman: The Market's Reaction To The Jobs Report Means Brace For A Stubborn Grind Higher In September

Goldman: The Market's Reaction To The Jobs Report Means Brace For A Stubborn Grind Higher In September Ahead of Friday's payrolls report, we asked "What's Better For Markets 400K Or...

AMTD Digital's Stock Plunge Erases More Value Than Goldman's Market Cap (HKD)

AMTD Digital's Stock Plunge Erases More Value Than Goldman's Market Cap (HKD)  BloombergLi Ka-Shing Cuts Ties With AMTD  Bloomberg Markets and FinanceChina-based Magic Empire Global stock price...

Goldman Likes to Buy Calls on Stocks Which Underperformed S&P 500 in Recent Days

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AMTD Digital's Stock Plunge Erases More Value Than Goldman's Market Cap (HKD)

AMTD Digital's Stock Plunge Erases More Value Than Goldman's Market Cap (HKD)  Bloomberg

Futures Flat Ahead Of Much-Anticipated Jobs Report

Futures Flat Ahead Of Much-Anticipated Jobs Report Markets are muted this morning with US equity futures paring back modest gains, ahead of the much-anticipated US jobs report later...

July Payrolls Preview: What's Better For Markets 400K Or A Negative Print?

July Payrolls Preview: What's Better For Markets 400K Or A Negative Print? Heading into tomorrow's main event - the nonfarm payrolls print (which is the appetizer for CPI next...

Goldman Turns Bearish: The Bottom Is Not In Yet And The Higher This Rally Goes, The Greater The Fall

Goldman Turns Bearish: The Bottom Is Not In Yet And The Higher This Rally Goes, The Greater The Fall Earlier today we said that JPM's 7th and unstated reason why the rally would...

The stock market is headed for another big sell-off unless economic data quickly improves, Goldman Sachs says

"[W]ait for additional clarity on the macro side before expecting a sustained and prolonged market turn," Goldman said.

Goldman credit card business under investigation by consumer finance watchdog

Group is contending with headaches of retail banking after trying to diversify away from trading and deals

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