Goldman Sachs Group is a leading global investment banking, securities, and investment management firm that provides a wide range of financial services to a diverse client base, including corporations, financial institutions, governments, and individuals. The company engages in various activities, including financial advisory services, underwriting of capital market transactions, asset management, and market making in securities and commodities. It is known for its expertise in mergers and acquisitions, risk management, and investment strategy, leveraging its extensive research capabilities and global reach to deliver innovative solutions in an ever-evolving financial landscape. Read More
A number of stocks fell in the afternoon session after markets pulled back, reversing early gains, as investor sentiment remained cautious despite a softer-than-expected inflation reading.
Shares of online used car auction platform ACV Auctions (NASDAQ:ACVA) fell 4.1% in the afternoon session after a key competitor, Cox Automotive, announced a strategic acquisition that intensifies competition in the vehicle inspection market.
Shares of online visibility management platform Semrush (NYSE:SEMR) fell 3.8% in the afternoon session after Wall Street analysts lowered their price targets on the stock.
Shares of payment technology company Marqeta (NASDAQ:MQ) fell 2.3% in the afternoon session after the stock extended its weak momentum as the company provided a cautious outlook on its future profitability at a recent investor conference, noting that two major contract renewals are expected to lower future gross profit growth.
The Federal Reserve finds itself at a critical juncture, facing a complex dilemma that could shape the trajectory of the U.S. economy for years to come. With signs of a significant slowdown in the labor market emerging, the pressure to cut interest rates to stimulate job growth is mounting.
Shares of digital ad verification company DoubleVerify (NYSE:DV) fell 7.3% in the morning session after the company highlighted challenges within the advertising market during a presentation at a technology conference.
Shares of fast-food chain Jack in the Box (NASDAQ:JACK)
fell 7.3% in the morning session after Stifel reiterated its 'Hold' rating, citing significant concerns about the company's same-store sales weakness.
Shares of data center products and services company Vertiv (NYSE:VRT)
jumped 11.1% in the morning session after the company presented a positive outlook at the Goldman Sachs Communicopia + Technology Conference. During the event on September 9, executives highlighted robust order growth driven by demand from hyperscalers, colocation data centers, and NeoCloud clients. The company reported a 15% increase in second-quarter orders and is targeting a 25% EBIT (Earnings Before Interest and Taxes) margin by 2029. To meet growing demand, particularly for high-density computing like AI, Vertiv is expanding its liquid cooling capacity and service organization. This strategy appears to be paying off, as the company noted it is gaining market share in the key colocation and hyperscale segments, signaling strong business momentum.
The U.S. financial markets are buzzing with near-certainty: the Federal Reserve is all but guaranteed to cut interest rates in September. This widespread conviction comes on the heels of the latest August 2025 job data, which painted a stark picture of a rapidly decelerating labor market. With nonfarm payrolls
The race among the "Magnificent Seven" tech giants to construct large AI data centers is having an unforeseen effect on share buybacks, a recent Goldman Sachs report reveals.
A bigger-than-expected preliminary downward revision to the job numbers for the 12 months ended March 2025 has all but sealed the deal for at least a 25-basis-point cut from the Federal Reserve, lifting investor sentiment.
Decentralized Finance (DeFi) stands at a pivotal juncture, presenting a fascinating dichotomy of rapid innovation and enduring systemic challenges. This nascent ecosystem, built on the promise of open, permissionless, and transparent financial services, continues to push the boundaries of what's possible, from instant, global credit markets to integrated payment solutions.
The financial world is on the cusp of a profound transformation, driven by the accelerating tokenization of real-world assets (RWAs) and the deepening convergence between Decentralized Finance (DeFi) and traditional financial systems (TradFi). This monumental shift is moving beyond nascent experiments, signaling a new era of finance where tangible and
Shares of telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) jumped 9.2% in the afternoon session after the company launched a new high-speed connectivity service, Wavelength RapidRoutes, designed to significantly reduce network provisioning times.
Financial markets are currently gripped by a palpable shift, as recent weakening labor market data and the impending release of crucial inflation reports are coalescing to intensify expectations for Federal Reserve interest rate cuts. This confluence of economic indicators is sending clear signals across the financial landscape, prompting investors, businesses,
Dubai, UAE - Global career preparation platform The Thinksters today launches its upgraded offering, allowing high-performing students, MBA candidates, and early professionals to secure positions in the world's most sought-after sectors — management consulting, investment banking, and Big Tech product management.
The ancient allure of gold has once again captivated global financial markets, as the precious metal has surged to unprecedented highs, fueling intense speculation about its future trajectory. With spot prices oscillating around the $3,630 to $3,660 per ounce mark, a new all-time record, analysts and investors alike
Shares of ioT solutions provider Samsara (NYSE:IOT) fell 6.7% in the morning session after investors appeared to continue taking profits following the stock's significant rally the previous week.
