(Bloomberg) — After a blistering rally driven by the biggest technology stocks pushing the S&P 500 to a string of all-time highs this year, it’s “a good time to tap the brakes,” according to Goldman Sachs Group Inc.’s Tony Pasquariello. Most Read from Bloomberg “It’s a bull market, but the probability of a drawdown is […]
The death of OJ Simpson is “no great loss”, according to the father of a man the former NFL star and actor was acquitted of killing. Simpson became one of the most notorious figures in American history when he was charged with the murder of his ex-wife Nicole Brown Simpson and her friend Ron Goldman […]
(Bloomberg) — Apple Inc. was removed from Goldman Sachs Group Inc.’s list of top buys after underperformance in its stock amid concerns over weak demand for its key products. Most Read from Bloomberg The iPhone maker had ranked in the 20-25 member “Directors’ Cut” version of Goldman’s conviction list since it was unveiled last June. […]
(Bloomberg) — Nvidia Corp.’s earnings due Wednesday is such a big event in markets that Goldman Sachs Group Inc.’s trading desk has called it “the most important stock on planet earth.” Most Read from Bloomberg With options positioning implying about a 11% move in either direction, AI poster-child Nvidia could shake up financial markets given […]
(Bloomberg) — Goldman Sachs Group Inc.’s head of global currency, rates and emerging-markets strategy says he’s learned two main lessons from one of the biggest — and most-common — bad calls of 2023: the bet on post-pandemic China’s reopening boom. Most Read from Bloomberg At the beginning of the year, Goldman was among the chorus […]