Goldman Sachs Group Inc

Bank of America (NYSE:BAC) stock fell 3.1% in pre-market trading today after the company reported its second-quarter results.

Wall Street analysts expect JPMorgan Chase to post sales of $30.3 billion in the second quarter. The estimate represents growth of 2.5% YoY.

Goldman Sachs upped its gold price forecasts. The bank lifted its three, six, and 12-month target prices to $1,800, $1,900, and $2,000 per ounce.

David Kostin of Goldman Sachs (NYSE:GS) is bullish on the tech sector. The sector has outperformed the broader markets this year.

Due to Warren Buffett’s reluctance to part with Berkshire Hathaway’s cash, the stock has been underperforming the S&P 500.

Warren Buffett’s stock market actions speak louder than words. Berkshire Hathaway’s (NYSE:BRK.B) chairman has been on a selling spree.

Berkshire Hathaway (NYSE:BRK.B) released its first-quarter 13F on May 15 after the markets closed. Chairman Warren Buffett has been on a selling spree.

JPMorgan Chase (NYSE:JPM) reported lower-than-expected first-quarter numbers today. Higher provisions weighed on the bank’s profitability.

JPMorgan Chase will announce its first-quarter results before the markets open on April 14. Analysts expect the bank to post revenues of $29.7 billion.

Amazon is in talks to bring Goldman Sachs on board as a partner for its small business loans program called “Amazon Lending.”

The S&P 500 finished last year with an increase of 28.9%. The Dow Jones Industrial Average and the Nasdaq-100 Index (QQQ) rose 22.3% and 38%, respectively.

On January 2, Baird downgraded Wells Fargo (WFC) stock to “underperform” from “neutral.” Baird has a target price of $50.

So far in 2019, WTI and Brent crude oil spot prices have averaged $56.9 per barrel and $64.3 per barrel. The prices are lower than the average expectations.

Shares of tech giant Apple Inc. (AAPL) gained a whopping 84% YTD (year-to-date). The stock is the best performing company on the Dow Jones this year.

Strategists at Goldman Sachs (GS) project Netflix (NFLX), T-Mobile (TMUS), and Coca-Cola (KO) to be among the best stock picks for 2020.

Chevron and ExxonMobil stocks have provided almost flat returns in the current quarter. As a result, Goldman Sachs favors Chevron over ExxonMobil.

Yesterday, WTI crude oil prices rose 0.8% despite bearish inventory data. The deeper OPEC+ production cut could be behind oil’s rise.

This week, Pershing Square disclosed that it had increased its stake in Agilent Technologies (A) to 2.9 million shares in the third quarter.

Goldman Sachs (GS) Chief Operating Officer John Waldron believes that the US GDP growth rate could improve next year compared to what we’ve seen in 2019.

Keefe Bruyette & Woods downgraded JPMorgan Chase stock to “market perform” from “outperform.” The firm increased the target price to $135 from $128.

Last week, Goldman Sachs increased its target on oil prices, but only for the short term. Its long-term target on oil prices is almost unchanged.

Berkshire Hathaway’s huge cash pile might stay in place for a while. Warren Buffett was outbid by Apollo Global Management in his efforts to buy Tech Data.

In this article, we take a look at two growth tech stocks that have gained momentum recently. They’ve both outperformed the broader markets.

On December 2, Raymond James downgraded Wells Fargo to “underperform” from “market perform.” It expects revenue and margin headwinds to dent the stock.

Goldman Sachs (GS) settled a lawsuit that alleged it rigged bond prices. Also, Deutsche Bank agreed to pay a fine of $15 million to settle a lawsuit.

Google (GOOGL) wants to dive deeper into the financial services market with a checking account product. A checking account product is in the works.

The Apple Card is currently under regulatory scrutiny related to gender-biased credit limit approvals, according to a Bloomberg report on November 9.

According to a Bloomberg report, investment bank Goldman Sachs (GS) lent $10 billion in credit to Apple Card (AAPL) as of September 30.

All banks face risks. Two key areas to understand are banks’ market risk and reputational risk. Here’s a summary of each type.

The top risks that every bank faces are credit risk and liquidity risk. We’ll look at the banks that managed this risk safely, and those that didn’t.

Banks experience operational risk in all daily bank activities, such as a check incorrectly cleared or a wrong order punched into a trading terminal.

Last week, in an interview, California Governor Gavin Newsom proposed that Warren Buffett bid for PG&E Corporation (PCG).

Analysts expect Citigroup’s (C) EPS to increase at a double-digit rate in the coming quarters, which makes its valuation lucrative.

A string of high-profile departures amid deteriorating fundamentals drove NIO stock down. NIO was trading with 4.6% losses at 9:50 AM ET today.

I love a good bargain, and my contrarian nature mandates that I buy cheap stocks when everyone else is freaking out. Here are three to look at.

The Dow Jones (DIA) and the S&P 500 (SPY) continue to linger around their all-time highs. Trade tensions between China and the US haven’t eased.

The WeWork IPO has gained a lot of attention in the last few weeks. The company seems to be facing a severe cash crunch, and it’s losing OTC investors.

The Dow Jones Industrial Index has gained close to 300 points today. The earnings season kicked-off. Several companies reported their quarterly results.

Ever since it was rejected at the $230 resistance level in August of last year, Apple (AAPL) stock has struggled to get its mojo back.

Lower revenues dragged Goldman Sachs’s third-quarter earnings down. The company’s earnings missed analysts’ estimates and fell 24% YoY.

Citigroup (C) announced stronger-than-expected third-quarter results today. The bank’s revenues were slightly ahead of analysts’ expectations.

Apple (AAPL) shares have gained close to 50% year-to-date. The stock is trading at $235.87, while it’s valued at $1.07 trillion.

JPMorgan Chase (JPM) posted better-than-expected third-quarter results. The bank’s revenues beat analysts’ expectations due to higher IB revenues.

Major US banks will announce their third-quarter earnings on Tuesday. Lower interest rates and more competition could impact their net interest margin.

Alphabet’s (GOOGL) Waymo will start testing its self-driving vehicles in Los Angeles this week. Self-driving vehicles have a lot of promise.

So far, the Dow Jones Industrial Average has gained 165 points or 0.63% at the time of writing today. The Dow Jones Industrial Average ETF (DIA) has also risen.

Pure Storage (PSTG), Skyworks Solutions, and Qorvo (QRVO) shares rose in early market trading today. So far, Skyworks has returned 4.6%, respectively.

NIO (NIO), China’s equivalent of Tesla (TSLA), released its third-quarter delivery report today. The company delivered 4,799 vehicles during the quarter.

On October 1, Credit Suisse’s Suresh Tantia told CNBC that the equity market will rebound from the current levels. However, the S&P 500 declined by 1.2%

Carl Icahn’s fears could come true in October. According to Goldman Sachs, the market might exhibit higher volatility next month.

The Dow Jones dropped 140 points today. This drop was driven by several factors, including a potential impeachment inquiry of President Trump.

The Dow Jones Industrial Average or DJIA fell 0.6% or 159.72 points on Friday, September 20, 2019. The S&P 500 ETF fell 0.54% yesterday.

The esports industry is thriving. Let’s take a look at the expected growth in esports viewership and the total available market in the space.

The We Company has pulled the plug on WeWork’s IPO. Are prospective investors worried that Adam Neumann will end up being another Elon Musk?

WeWork, which was expected to go public this month, has suspended its IPO at least until next month after a lackluster response from potential investors.

Apple stock rose 2.6% last week. Its performance was a tad volatile, with its shares rising 4.6% in the first four days and falling 2% on Friday.

The banking sector plays a pivotal role in our daily lives. This series explores the sector, its driving factors, and its key indicators and latest trends.

The Dow Jones Industrial Average has risen 51.5 points today—up for the eighth consecutive trading session. The DJIA is up 1,100 points since September 3.

Currently, Activision Blizzard (ATVI) stock is trading at $51.24. The stock is 30% above its 52-week low and 39% below its 52-week high.

On Monday, Bloomberg reported that UBS Global Wealth Management turned underweight on equities for the first time since the Eurozone crisis.

Warren Buffett is betting big on bank stocks. Banks stock had an impressive financial performance in the first half of the year.

The US Comptroller of the Currency approved changes to the Volcker Rule. The rule originated after the 2008–2009 financial crisis.

JPMorgan Chase suggests waiting until September before returning to stocks. The markets will likely make new all-time highs in the first half of 2020.

Major US bank stocks had a rough day on Wednesday. Notably, recession fears gripped the overall market. Investors shouldn’t rush to buy bank stocks.

Goldman Sachs (GS) is entering the consumer finance space as the bank behind the upcoming Apple Card. But is this a smart move for the investment bank?

In a statement released today, the US said it was delaying additional tariffs on Chinese goods until December 15.

On August 12, in a note, Goldman Sachs’s David Kostin said, “Services stocks have less exposure to trade conflict given they have lower foreign input costs.”

On Monday, Bloomberg reported that JPMorgan Chase (JPM) and Goldman Sachs (GS) are cautious about their outlook for Chinese stocks.

Goldman Sachs (GS) has cut its Q4 growth forecast by 20 basis points. It now foresees the trade war impacting growth more than it previously forecast.

Carl Icahn expects a solution to the ongoing trade war sooner than later. The solution is important for US economic growth.

Some of the top US financial services companies host their data on Amazon’s cloud. Amazon’s rise in the financial sector has caught the Fed’s attention.

In an interview to CNBC, Chris Harvey, the head of equity strategy at Wells Fargo Securities, explained his top sector-wise picks.

Goldman Sachs no longer believes that a trade deal between the US and China is possible before the 2020 US presidential election.

Mike Thompson of Goldman Sachs (GS) explained investment strategy amid the market’s uncertainty. Investors should focus on large-cap companies.

The Apple Card is available. The first group of public test users is trying the card. The company unveiled the card five months ago.

Apple plans to use Qualcomm’s (QCOM) ultrasonic fingerprint sensor for the iPhone’s in-display TouchID feature.

Retail giant Walmart (WMT) had applied for a digital coin patent. The news comes just as Facebook (FB) is pushing for its own cryptocurrency, Libra.

Last week, Donald Trump threatened 10% tariffs on $300 billion in Chinese imports. The stock market was sent tumbling on August 2, led by a tech sell-off.

Shares of leading gaming company Activision Blizzard (ATVI) have been unsteady. The company’s stock is currently trading at early 2017 levels.

The Fed announced a 25 basis point rate cut on Wednesday to a target range of 2%–2.25%. The Fed’s rate cut came after more than a ten-year hiatus.

Chipotle’s impressive second-quarter results propelled its stock to an all-time high. The stock was up 84.2% year-to-date as of July 31.

The broader stock market fell on Wednesday despite the Fed’s rate cut. The Dow Jones and S&P 500 indexes marked the biggest single-day drop since May 31.

By 2020, Apple aims to double its Services revenue from 2016. Meanwhile, the iPhone is looking less and less important for the company.

Despite not knowing the Apple Card’s launch date, the card moved from a promise to a reality. Apple Card is a reality inside Apple offices.

Goldman Sachs increased its year-end S&P 500 target to 3,100 from 3,000. It also reduced its 2019 earnings estimate for the S&P 500 by $6.

Warren Buffet loves banking stocks. Out of his current portfolio of 47 stocks, five are commercial banks, including two regional banks.

In a regulatory filing, Berkshire Hathaway (BRK-B) revealed that it had increased its stake in Bank of America (BAC).

Recent US economic indicators have been signaling softness, which could potentially lead to a US recession.

David Rosenberg said that earnings are “rolling over” and economic data indicates that the economy is very close to recession.

On Wednesday, Bank of America (BAC) reported mixed second-quarter results. The bank’s profitability beat analysts’ expectation.

Yesterday, PayPal (PYPL) announced that it would expand Xoom, which is its international money transfer service, to 32 markets in Europe.

Goldman Sachs (GS) posted better-than-expected second-quarter results on Tuesday. The bank’s revenue and EPS topped Wall Street’s estimates.

In contrast to Morgan Stanley’s view, J.P. Morgan (JPM) upped its price forecast for the S&P 500 (SPY) from 3,000 to 3,200 on July 15.

Many big banks in the US plan to announce their second-quarter earnings this week.

Goldman Sachs (GS) initiated its coverage on FedEx (FDX) and UPS (UPS) with “buy” ratings. Goldman Sachs argued that the stocks are too cheap to ignore.