Goldman Sachs GS AI Assistant Courtesy: Goldman Sachs Goldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a program that will eventually take on the traits of a seasoned Goldman employee, according to Chief Information Officer Marco Argenti. The bank has […]
Former Goldman Sachs executive Ayesha Ofori was confident that investors would be keen to fund her investment platform startup — then came the wall of rejections. Some of the venture capitalists who gave the cold shoulder to Ofori’s female-focused financial investment platform, Propelle, ultimately rejected her, citing her lack of experience. Ofori notes her background at Morgan […]
Wall Street bulls mounted a valiant effort and pushed the stock market sharply Friday on a double dose of encouraging news. But the rally was not enough to overcome Wednesday’s Fed-driven plunge. The S & P 500 dropped for the second straight week, losing 2%, while the Dow Jones Industrial Average made it three down […]
During the December Monthly Meeting on Thursday, Jim looked at each company’s outlook for 2025.
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Entertainment | Getty Images Amazon CEO Andy Jassy’s note sent this fall to employees about corporate culture drew […]
We recently published a list of 12 Best Stocks to Invest in for the Next 3 Months. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against other best stocks to invest in for the next 3 months. On November 13, Morgan Stanley published an analysis highlighting potential […]
President Donald Trump looks on as his nominee for the chairman of the Federal Reserve Jerome Powell takes to the podium during a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC. Drew Angerer | Getty Images Talk about an eventful week. Normally, when the Fed cuts interest […]
We’re now just days away from the ’24 elections, and what a race it’s been. Polls have been all over the place, and both parties can make legitimate claims to holding the advantage as we approach Tuesday’s vote. Amidst the political drama, the stock market has remained robust, with the S&P 500 surging 20% year-to-date. […]
This week, the race to dominate urban air transportation hit a major milestone when U.S. aviation regulators released final safety rules for electric vertical takeoff and landing (eVTOL) aircraft. The news lifted shares of both Joby Aviation (NYSE: JOBY) and Archer Aviation (NYSE: ACHR)two leading eVTOL developers in the U.S., though both stocks have lagged […]
David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC Goldman Sachs topped estimates for third-quarter profit and revenue on strong results from its stock trading and investment banking operations. Here’s what the company reported: […]
