loops7/iStock Unreleased via Getty Images Faced with intensifying competition from Chinese manufacturers, U.S. tariffs, and burdensome emission regulations from the EU, European auto manufacturers appear to be “written off” by…
Goldman
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Stocks
Darden Restaurants’ upgraded at Goldman Sachs on compelling valuation, strong balance sheet (DRI:NYSE)
jetcityimage Goldman Sachs upgraded Darden Restaurants (NYSE:DRI) to Buy from Neutral and reiterated its $225 price target, representing 20% upside, reflecting the firm’s view that the current valuation is “justified”…
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Goldman Sachs (NYSE:GS) CEO David Solomon said Wednesday that the investment bank has logged strong activity across initial public offerings and mergers and acquisitions as of recent, thanks in part…
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Crypto Currency
Wall Street Goes Crypto? BNY & Goldman Sachs Unlock $55T Market with Tokenized Funds
Key Takeaways: BNY Mellon and Goldman Sachs debut tokenized money market funds (MMFs), allowing blockchain-based ownership tracking and near-instant settlement. Top financial institutions including BlackRock, Fidelity, and Federated Hermes join…
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cemagraphics/E+ via Getty Images Investors ran for safety with the Standard & Poor’s 500 stock index (SP500) last week falling 3.1%, the worst weekly decline since September. Amid the selloff,…
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SusanneB Investors seeking to outperform the market should focus their stock-picking efforts on volatile names in the consumer discretionary, information technology and communications services industries, strategists at financial-services firm Goldman…
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Stocks
Retail investors bought the dip after hot CPI. This Goldman strategist says the tide is about to turn.
“This is the last bullish email that I will send for Q1 2025,” says strategist.
