Text size The Goldman Sachs building is seen in lower Manhattan Photograph by Spencer Platt / Getty Images Goldman Sachs Group has just reported an explosive quarter, thanks to an increase in trade and subscription, but Wall Street wonders how long the good times will last. The investment bank’s shares …
Read More »CNBC’s Jim Cramer uses this chart to predict the exact date the stock market could slide.
Bulls, enjoy the next two weeks. Why? Well, according to “renowned trade expert” Larry Williams and his reading of this chart, the end of the month could also mean the end of the rally. CNBC Williams focuses on seasonal market patterns to chart its course, noting that July tends to …
Read More »Dow flirts with a level of 27,000, the S&P 500 erases 2020 losses in vaccine hopes, Goldman’s earnings
Posted: Jul 15, 2020 at 11:16 am ET Goldman Sachs earnings in focus. Getty The shares gained ground Wednesday due to optimism about progress on a COVID-19 vaccine candidate despite mounting cases in the United States, while investors digested earnings reports and monitored tensions between the United States and China. …
Read More »Apple wins as EU court rules out $ 15 billion tax decision
Apple Inc. (AAPL) – Get report Shares rose higher on Wednesday after Europe’s second-highest court ruled in favor of the tech giant in a lengthy battle for more than $ 15 billion in unpaid taxes. The General Court said that a 2016 ruling against Apple, in a case filed by …
Read More »Goldman Sachs is crushing it as booming markets overcome Main Street turmoil
That backdrop plays perfectly with the strengths of Goldman Sachs, which is much more exposed to Wall Street than Main Street. Goldman Sachs (GS) Reported revenue increased to $ 13.3 billion, eliminating estimates of $ 9.8 billion. It was Goldman’s second highest quarterly income. Although net earnings remained flat at …
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