O.J. Simpson’s defence was a harbinger of post-truth politics

economist.com SIMPSON, who died on April 10th, was in many ways an inspiring figure before he murdered his ex-wife. He overcame a childhood disease, rickets, which made him slightly…

Rubrik goes public, as the stock closed up nearly 16% in the cybersecurity company’s first day of trading

aol.com An IPO is a lot like a wedding. Hear me out: The opening bell ceremony is called a ceremony because it really is one. There are pictures, there’s family (both biological and…

Zomato’s quick commerce unit Blinkit eclipses core food business in value, says Goldman Sachs

techcrunch.com Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than its core food delivery business,…

Luxury DC Apartment Building Replaces Front Desk Staff With Amazon Lockers, Sparking Tenant Protest

zerohedge.com Luxury DC Apartment Building Replaces Front Desk Staff With Amazon Lockers, Sparking Tenant Protest Tenants of a luxury apartment building blocks from the White House were…

Alphabet stock soars 12% on Q1 earnings beat, first-ever dividend By

investing.com Alphabet (NASDAQ: ) saw its shares pop more than 12% in after-hours trading Thursday after the Google owner reported better-than-expected top and bottom lines for the fiscal…

Google Soars To Record After Smashing Estimates, Launches $70 Billion Buyback And Starts Paying Dividend

zerohedge.com Google Soars To Record After Smashing Estimates, Launches $70 Billion Buyback And Starts Paying Dividend After the first two Mag7 companies were a study in market paradoxes,…

Stagflation Signal Slams Stocks & Bonds; Bullion & Black Gold Bid

zerohedge.com Stagflation Signal Slams Stocks & Bonds; Bullion & Black Gold Bid Overall, US macro data has suddenly started to disappoint (not the least of which was today's ugly GDP…

Largest Oil ETF Hit With Record Outflow On Subsiding Geopolitical Risk Premium

zerohedge.com Largest Oil ETF Hit With Record Outflow On Subsiding Geopolitical Risk Premium A reduced geopolitical risk premium for Brent crude this week is likely one of the main…

Russia To Seize $440 Million From JPMorgan

zerohedge.com Russia To Seize $440 Million From JPMorgan Seizing assets? Two can play at that game... Just days after Washington voted to authorize the REPO Act - paving the way for the…

CNBC's Inside India newsletter: A $270 billion gamble on green?

cnbc.com With Elon Musk deciding to stay home to deal with a high-pressure earnings report, India PM Narendra Modi is still waiting for his meeting with the Tesla boss. But even if…

Goldman Sachs moves its top EMEA banker to Paris as the French capital challenges London’s finance crown

aol.com The question of which city would take the crown as Europe’s financial hub from the City of London has gripped European capitals ever since Brexit spelled the end of London’s…

Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending

cnbc.com Walmart's majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the retailer's more than 4,600 U.S. stores, CNBC has…

The Worst Part of a Wall Street Career May Be Coming to an End

nytimes.com Artificial intelligence tools can replace much of Wall Street’s entry-level white-collar work, raising tough questions about the future of finance. The Worst Part of a Wall…

Skincare Firm Vows To Rid 'Ozempic Face' In New Marketing Push

zerohedge.com Skincare Firm Vows To Rid 'Ozempic Face' In New Marketing Push One side effect of GLP-1 medications for weight loss is "Ozempic Face." This happens when the rapid loss of…

Owen Wilson reportedly turned down $12 million to be in a movie that depicted OJ Simpson as innocent

aol.com None Owen Wilson reportedly turned down a $12 million role to star in a movie called "The Juice." • None According to The Hollywood Reporter, the film represents Simpson as…

Goldman Sachs Mulls Exit From Big Tech Investments

thedailyupside.com Goldman Sachs thinks the Big Tech golden era is over. On Wednesday, an executive from the influential investment bank told Bloomberg that its asset management unit is…

Goldman Sachs and Bank of America shareholders reject proposals to separate chair and CEO roles

marketwatch.com Votes mark victories for Goldman’s David Solomon and Bank of America’s Brian Moynihan.

Yen Dumped, Yield-Curve Pumped, Bonds & Bitcoin Slump

zerohedge.com Yen Dumped, Yield-Curve Pumped, Bonds & Bitcoin Slump Quiet macro day with Durable Goods Orders looking like a beat - but only because of sizable downward revisions - as…

Goldman Sachs, Bank of America shareholders reject proposals for CEO-chair split

theglobeandmail.com Goldman Sachs GS-N and Bank of America BAC-N shareholders voted against proposals to divide the CEO and chairman roles at both banks on Wednesday, bucking pressure from…

Goldman's David Solomon survives vote on CEO-chair split

aol.com David Solomon defeated a shareholder proposal seeking to separate his roles as CEO and chairman of Goldman Sachs (GS), but the measure received double the support it did in…

Cheryl Hines reveals connection to O.J. Simpson

newsweek.com The Hall of Fame Buffalo Bills running back was at the center of a high-profile murder trial that lasted eight months and created a media storm beginning in January 1995.…

Goldman Sachs says escalating price war in China’s EV market could ensnare BYD, push sector into losses

scmp.com “If another 10,300 yuan price cut comes about (in line with our assumption for BYD), we estimate overall industry profitability could turn negative in 2024,” Goldman said.…

Law prof predicts generative AI will die at the hands of watchdogs

theregister.com Video Generative AI is destined to drown in a tsunami of regulation, argues Santa Clara University law professor Eric Goldman. For Amazon, Google, Meta, Microsoft, and other…

Users Refuse to Give Up On Spotify, So Does Wall Street

marketbeat.com Even a year of uncertainty and higher-than-average inflation rates posed no match for the U.S. consumer. Shares of Spotify Technology NYSE: SPOT rallied by more than 11% to…

Wall Street’s top bosses tested by shareholder proposals to strip them of power

aol.com Some of Wall Street’s most powerful bosses are facing new proposals this spring that would strip them of power by separating their CEO and chairman seats. Shareholders at…

Goldman Sachs revamps Fed interest-rate bets for 2024 after surprises

thestreet.com A strong economy and higher inflation numbers so far this year have surprised investors, leading them to push back expectations for Federal Reserve interest rate cuts.…

'Reels, Messaging, and AI:' What Wall Street analysts expect from Meta as it gears up for first-quarter earnings

aol.com None Meta Platforms will report its first-quarter earnings on Wednesday after the closing bell. • None Wall Street is optimistic about the social media firm's result, citing…

Tesla Soars Despite Missing Across The Board, Is "Accelerating" Rollout Of "More Affordable Models"

zerohedge.com Tesla Soars Despite Missing Across The Board, Is "Accelerating" Rollout Of "More Affordable Models" As previewed earlier, today's TSLA print is likely to be ugly: the…

Bonds & Stocks Bid As 'Bad News'-Buyers Trump CTA-Sellers

zerohedge.com Bonds & Stocks Bid As 'Bad News'-Buyers Trump CTA-Sellers 'Bad news' was certainly good news today as 'soft' survey data showed the US Manufacturing sector dropping back…

It's All About Mag 7 Earnings: Without Them S&P Profit Growth Is Negative

zerohedge.com It's All About Mag 7 Earnings: Without Them S&P Profit Growth Is Negative After what has been a boring start to the week, where the biggest event so far was yesterday's…

China stocks could surge 20-40% on untapped reform upside

investing.com Since 2021, China stocks have been on a downward trend, prompting the government to implement a series of measures aimed at rejuvenating the market. In August 2023, the…

GM Shifts Into Higher Gear As It Beats Quarterly Results, Raises 2024 Guidance

zerohedge.com GM Shifts Into Higher Gear As It Beats Quarterly Results, Raises 2024 Guidance General Motors shares are higher in premarket trading after raising its 2024 guidance and…

US unemployment would be higher if illegal immigration were counted correctly: Goldman Sachs

foxbusiness.com The U.S. unemployment rate would be higher if the government properly accounted for the recent surge in illegal immigration, according to a new analyst note from Goldman…

Euro Area PMI Activity Hits 11 Month High On Service Expansion As Manufacturing Recession Gets Worse

zerohedge.com Euro Area PMI Activity Hits 11 Month High On Service Expansion As Manufacturing Recession Gets Worse Europe's study in paradoxical contrasts continues. On the same day,…

iPhone Sales In China Tumble 19% In Worst Quarter Since 2020

zerohedge.com iPhone Sales In China Tumble 19% In Worst Quarter Since 2020 Apple shares are marginally lower in premarket trading in New York following a report that first-quarter iPhone…

Goldman hasn’t given up on the stock-market rally, but is starting to get nervous

marketwatch.com Goldman strategists say brace for more stock volatility this year, as chances of no Fed rate cuts increase.

Goldman Sachs, UBS forecast lift for Chinese stocks from market reforms

scmp.com Meanwhile, UBS raised its rating on the MSCI China Index and Hong Kong stocks to overweight, citing earnings resilience and policy support. Valuations for the yuan-traded…

Goldman says we're still in phase 1 of AI's stock-market takeover. Here's how they expect phases 2 through 4 to play out

finance.yahoo.com None Markets are still just in the first phase of an AI-led upsurge, Goldman Sachs wrote in a recent research note. • None Nvidia is the central piece in the opening inning,…

AI Crusades: San Fran Lunatic Goes 'Donkey Kong' On Waymo Robotaxi

zerohedge.com AI Crusades: San Fran Lunatic Goes 'Donkey Kong' On Waymo Robotaxi A viral video on X shows a person going full 'Donkey Kong' on an autonomous Waymo vehicle in the…

Kolanovic Says "Correction Has Further To Go" Even As JPM's Trading Desk Is "Bullish"

zerohedge.com Kolanovic Says "Correction Has Further To Go" Even As JPM's Trading Desk Is "Bullish" On one hand, the technical storm appears to have subsided: as we correctly predicted…

Congress Passes New Iran Oil Sanctions But Biden Unlikely To Enforce Them

zerohedge.com Congress Passes New Iran Oil Sanctions But Biden Unlikely To Enforce Them Over the weekend, as part of the $95 billion package providing funding for aiding Ukraine, Israel…

House members clash over antisemitism in dueling Columbia visits

axios.com Members of Congress flocked to the Columbia University campus on Monday amidst raucous protests over the Israel-Hamas war and concerns about the safety of Jewish students…

Goldman is getting out of the robo-advisory business

aol.com is getting out of the robo-advisory business as it tries to scale back ambitions for parts of its enterprise and re-focus on core strengths. The Wall Street giant said…

Stocks Surge In Massive Squeeze As Traders Frontrun End of Buyback Blackout Period

zerohedge.com Stocks Surge In Massive Squeeze As Traders Frontrun End of Buyback Blackout Period After the worst week for stocks since the March 2023 bank crisis, and after 6 consecutive…

Gildan taps ex-Goldman executive as chair in last stand against activist investor

financialpost.com Canadian clothing manufacturer Gildan Activewear Inc. said several directors will leave within days and a former Goldman Sachs Group Inc. executive will become chair, a…

Monday's stocks to buy like Nvidia

cnbc.com Here are the biggest calls on Wall Street on Monday: Goldman Sachs reiterates Amazon as buy Goldman said the stock is a top idea heading into earnings on April 30. "We…

3 Cheap Stocks That Shouldn’t Be So

marketbeat.com Certain stocks fall out of favor once every business cycle, whether for actual justifiable reasons or because of plain overlooking. Markets can get busy and caught up with…

Commercial Real Estate Foreclosures Soar To Levels Not Seen In Nearly A Decade

zerohedge.com Commercial Real Estate Foreclosures Soar To Levels Not Seen In Nearly A Decade Larger cracks are appearing in the US commercial real estate market at a time when uncertainty…

Bull Market Buys: 3 Dow Stocks to Own for the Long Run

finance.yahoo.com Are you looking for new names to own for the long haul? There's a universe of them to choose from. And, that's the problem. There's a universe of stocks to choose from! It…

Top Wall Street analysts pick these 3 dividend stocks for higher returns

cnbc.com Macroeconomic woes and geopolitical tensions have been weighing on investor sentiment, shaking up the major averages in the past week. Investors seeking stability may want…

Jim Cramer ranks first-quarter earnings from 6 major U.S. banks. Our portfolio stocks fared well

cnbc.com Wall Street's biggest banks finished reporting first-quarter earnings this week. Overall, their results were positive. Jim Cramer ranks them. The "pecking order" for the…

Don't ignore threats like inflation, recession, and war, warn Wall Street's biggest bosses

businessinsider.com JPMorgan CEO Jamie Dimon. AP Photo Wall Street's head honchos are wary of economic threats like inflation, recession, and war. JPMorgan's Jamie Dimon, Goldman's David…

If O.J. Simpson's assets go to court, Goldman, Brown families could be first in line

abcnews.go.com O.J. Simpson died without having paid the lion's share of the $33.5 million judgment a civil jury awarded to the families of his ex-wife Nicole Brown Simpson and her friend…

Tech Wrecks As FedSpeak F**ks FOMO-Followers; Gold Hits New Record High

zerohedge.com Tech Wrecks As FedSpeak F**ks FOMO-Followers; Gold Hits New Record High Well, that escalated quickly... In a week characterized by data supporting 'no landing' from a growth…

Gold Prices are on Fire

tftc.io In case you've been living under a rock, Gold prices have been on fire, jumping 20% in just the past 2 months. That takes gold to a near-doubling since pre-pandemic, when it…

A Very Ugly Week For The Nasdaq, A Terrible Week For Semiconductors

zerohedge.com A Very Ugly Week For The Nasdaq, A Terrible Week For Semiconductors It's been a very ugly week for momentum names, but since these days that really means AI and/or mega…