Goldman Sachs highlights increasing risks of a market correction as the S&P 500 nears a 10% drop and the Nasdaq is already in correction territory. Despite the risks, the firm's Chief Equity Strategist views the correction as a potential buying opportunity, especially in stable dividend-paying ETFs like Schwab U.S. Dividend Equity ETF and sector ETFs such as energy and utilities. Investors are advised to consider rotating into lower-risk dividend stocks or tactical sector plays amid ongoing geopolitical uncertainties, including the Middle East conflict. While caution is warranted, the correction phase may offer attractive entry points for long-term investors.
Goldman Sachs reported a strong Q2 with revenues up 39% year-over-year, led by a surge in equities trading (+72%) and equity underwriting (+130%) due to market volatility and an AI-driven IPO boom. Their Asset & Wealth Management division also saw $2...
Goldman Sachs reported robust Q2 FY2026 results, with net earnings growing at an annualized rate of 38%. The firm raised $31 billion in private credit and saw a 130% year-over-year surge in equity underwriting revenues, driven by major deals and IPO ...
Anthropic has launched Ode, a $1.5 billion AI implementation company formed through a joint venture with Blackstone, Hellman & Friedman, Goldman Sachs, and others. Ode builds on the acquisition of Fractional AI, focusing on deploying elite AI enginee...
The FTSE 100 dropped 23 points to 10,506, pressured by mining stocks reacting to China's slower-than-expected 4.3% GDP growth in Q2, its weakest in three years. European markets also declined, while US futures rose, led by tech. PayPal shares surged ...
Morgan Stanley will report its second-quarter earnings before the market opens on Wednesday, with analysts expecting earnings per share of $2.94 and revenue of $19.64 billion. The firm is anticipated to benefit from increased trading and investment b...
