In late 2022, Goldman Sachs began to pivot away from its consumer operations, beginning a series of write-downs related to selling chunks of the business.
Kategorie-Archiv: CNBC Financial News
Oracle shares jump 13% on earnings and revenue beat
While Oracle becomes more competitive in cloud infrastructure, it is also ensuring that competitors can offer its widely used database to their clients.
Jumbo 50 basis points Fed rate cut should not raise alarm, analyst says
The U.S. Federal Reserve can afford to make a jumbo 50 basis points rate cut next week without spooking markets, an analyst suggested Monday.
Huawei’s trifold phone gets 2.7 million pre-orders ahead of Apple’s iPhone 16 launch
Huawei has received more than 2.7 million pre-orders for its new, trifold smartphone, according to its website Monday.
China’s CPI climbs by a less-than-expected 0.6% as transport and home goods prices fall
China on Monday reported its consumer price index rose by 0.6% year on year in August, missing expectations.
Top Wall Street analysts are bullish on the potential of these 3 stocks
TipRanks‘ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Planet Fitness and Ross Stores.
Why the father of ‚life planning‘ says you’re managing money the wrong way
George Kinder, recognized as the founder of financial life planning, thinks consumers are shortchanging themselves by putting off goals until retirement age.
ETFs are on pace to break record annual inflows, but this wild card could change it all
ETF inflows could rise as investors begin to search for other opportunities outside of money market funds.
3 ways Wall Street’s largest banks are leveraging AI to increase profitability
Top finance leaders are becoming convinced that the tech will transform their businesses.
Activist Ancora joins investors’ calls for a strategic review at Forward Air. Here’s what may happen next
Ancora joined a chorus of activist investors who are pushing Forward Air for a strategic review.