Goldman Sachs Group is a leading global investment banking, securities, and investment management firm that provides a wide range of financial services to a diverse client base, including corporations, financial institutions, governments, and individuals. The company engages in various activities, including financial advisory services, underwriting of capital market transactions, asset management, and market making in securities and commodities. It is known for its expertise in mergers and acquisitions, risk management, and investment strategy, leveraging its extensive research capabilities and global reach to deliver innovative solutions in an ever-evolving financial landscape. Read More
The global Initial Public Offering (IPO) market is experiencing a notable resurgence in 2024 and the first half of 2025, signaling a renewed investor appetite for new listings. After a period of muted activity, this uptick has reignited discussions about "frothiness"—a condition where asset prices become detached from fundamental
Shares of digital ad verification company DoubleVerify (NYSE:DV) fell 6.2% in the afternoon session after a law firm announced it is investigating potential breaches of fiduciary duties by some of the company's officers and directors.
The landscape of artificial intelligence is undergoing a profound transformation, signaling a crucial pivot from the foundational build-out of AI infrastructure to its practical application for boosting productivity across industries. After years focused on developing advanced hardware like GPUs and refining complex models, the market is now squarely focused on
Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) fell 4.8% in the morning session after the company recalled over 24,000 of its 2025 model year R1T and R1S vehicles due to a software issue.
Shares of online home goods retailer Wayfair (NYSE:W)
fell 3.5% in the morning session after investors soured on the home furnishings sector after competitor RH (formerly Restoration Hardware) reported disappointing financial results and a weaker outlook. Shares of peer RH tumbled after the company's second-quarter earnings and revenue fell short of Wall Street's expectations. Adding to the negative sentiment, RH also trimmed its sales forecast and delayed a new product line launch, attributing both setbacks to the impact of tariffs. This news has sparked concerns about the health of the broader home goods market, creating selling pressure on other industry players like Wayfair.
Shares of global entertainment and media company Warner Bros. Discovery (NASDAQ:WBD)
jumped 14.2% in the morning session after it continued the rally from the previous day amid reports that Paramount Skydance was preparing a takeover bid for the company.
Cryptocurrency exchange Gemini raised $425 million in an initial public offering, pricing its shares above the expected range, according to an announcement made late Thursday.
The U.S. economy is navigating a pivotal period marked by a discernible cooling of inflation and a noticeable softening of the labor market. These shifts are creating a new trajectory for mortgage rates, offering a potential reprieve for homebuyers and presenting both opportunities and challenges across the financial and
The global labor market is experiencing a profound transformation, driven by the relentless march of Artificial Intelligence. In a stark demonstration of this shift, technology behemoth Oracle (NYSE: ORCL) has recently undertaken significant global layoffs, impacting thousands of employees across its operations. These workforce reductions are not merely cost-cutting measures
The U.S. housing market is bracing for a period of sustained elevated mortgage rates, with leading financial institutions forecasting the 30-year fixed mortgage rate to hover in the mid-6% range through the fourth quarter of 2025 and into the first quarter of 2026. This outlook, a significant shift from
The financial world is holding its breath as the Federal Reserve appears increasingly ready to embark on a new cycle of interest rate cuts, with a significant pivot anticipated as early as September 2025. This widely expected shift in monetary policy, driven by a cooling labor market and moderating yet
The Artificial Intelligence (AI) sector is in the midst of an unprecedented explosion, fundamentally reshaping global economies, financial markets, and the strategic blueprints of public companies. Far from being a niche technological advancement, AI has emerged as a general-purpose technology, akin to electricity or the internet, poised to drive trillions
The Federal Reserve finds itself navigating a precarious economic landscape, where resilient consumer spending clashes with increasingly cautious consumer sentiment. This intricate dynamic is proving to be a critical, and perhaps missing, piece in the puzzle of when and how aggressively the central bank will move to cut interest rates.
Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) jumped 3.1% in the afternoon session after the company and Volkswagen Group announced a joint semiconductor procurement strategy to streamline their supply chain and cut costs.
Shares of digital financial services company SoFi Technologies (NASDAQ:SOFI) jumped 3.5% in the afternoon session after Needham raised its price target on the company.
The financial markets are abuzz following the latest economic reports, which present a challenging dual narrative of persistent inflation and a noticeably weakening labor market. This intricate interplay is forcing the Federal Reserve into a precarious balancing act, with implications that ripple through public companies and the broader economy. Recent
As the calendar inches closer to the final quarter of 2025, financial markets are increasingly fixated on the Federal Reserve's next moves, with a prevailing sentiment that interest rate cuts are not just imminent, but likely to extend well beyond a potential September initiation. This anticipated shift in monetary policy,
The financial markets are abuzz with the near-certainty of a 25 basis point interest rate cut by the Federal Reserve in September 2025. This anticipated move marks a significant pivot in monetary policy, transitioning from a period of aggressive tightening to a more accommodative stance, largely driven by a cooling
Donald Trump's increasingly deep involvement in the cryptocurrency sphere has ignited a volatile and unpredictable period within the digital asset market, presenting both unprecedented opportunities and significant dangers for investors. His endorsements, policy shifts, and the proliferation of Trump-themed memecoins have directly contributed to wild price swings, creating an environment
