Tuesday, January 18, 2022 12:00:48 UTC
Goldman Sachs will report its quarterly profits today. As long as earnings forecasts are met, expect the price to rise to the $405 level.
23 analysts estimate earnings per share (EPS) of $11.77 for the current quarter, compared to $12.08 in the same period last year, a 2.58 percent growth.
Analysts also predict profits per share of $59.91 for the current fiscal year, up from $24.74 in the previous year. Compared to $ 44.56 billion in sales last year, economists predict revenues of $58.53 billion this year on average.
If it is unable to maintain its present level, it will likely to go below the $375 nearest support level.(More)
@goldmansachs @jpmorgan @goldmansachs @jpmorgan
#gs #jpm #wfc #ms #goldmansachsgroupinc #goldmansachs #jpmorgan #reddit #earnings
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Friday, January 14, 2022 12:40:31 UTC
JPMorgan shares fall even after the bank's fourth-quarter profit exceeds expectations. In premarket trading, the bank's stock fell 3%. Talent payouts partially to blame.
Earnings: $3.33 per share, compared to an estimate of $3.01, according to Refinitiv.
Revenue: $30.35 billion, compared to an estimate of $29.9 billion.
JPMorgan reported a $1.8 billion net benefit from releasing reserves for loan losses that never materialized; earnings would have been $2.86 per share without the 47 cent per share boost.(More)
JPMORGAN EARNINGS UP, STOCK DOWN
Friday, January 14, 2022 12:40:31 UTC
JPMorgan shares fall even after the bank's fourth-quarter profit exceeds expectations. In premarket trading, the bank's stock fell 3%. Talent payouts partially to blame.
Earnings: $3.33 per share, compared to an estimate of $3.01, according to Refinitiv.
Revenue: $30.35 billion, compared to an estimate of $29.9 billion.
JPMorgan reported a $1.8 billion net benefit from releasing reserves for loan losses that never materialized; earnings would have been $2.86 per share without the 47 cent per share boost.
#jpm #wfc #gs #ms #jpmorgan #wellsfargo #goldmansacks #bank #earnings
Monday, January 10, 2022 14:01:21 UTC
Reddit, the social networking business that fueled the 2021 meme stock craze, is working with Morgan Stanley and Goldman Sachs to go public as soon as March 2022.
Reddit could possibly be worth up to $15 billion in an IPO, according to the people, who asked not to be identified.
Last July, investors valued the San Francisco-based startup at $10 billion in a fundraising round led by Fidelity Management. Sequoia Capital, Andreessen Horowitz, Coatue Management, and Tencent Holdings Ltd. are among the other Reddit investors, according to data provider PitchBook.(More)
REDDIT LIKELY GOING PUBLIC SOON
Monday, January 10, 2022 14:01:21 UTC
Reddit, the social networking business that fueled the 2021 meme stock craze, is working with Morgan Stanley and Goldman Sachs to go public as soon as March 2022.
Reddit could possibly be worth up to $15 billion in an IPO, according to the people, who asked not to be identified.
Last July, investors valued the San Francisco-based startup at $10 billion in a fundraising round led by Fidelity Management. Sequoia Capital, Andreessen Horowitz, Coatue Management, and Tencent Holdings Ltd. are among the other Reddit investors, according to data provider PitchBook.
CHINA CHAOS HAS SOME OF WALL ST. 'ALL IN'
12.18.21 12:48 AM UTC
From Evergrande to supply chain issues to Covid-19, the MSCI China Index is now behind the globe by 37 percentage points, the biggest gap since 1998.
CHINA CHAOS HAS SOME OF WALL ST. 'ALL IN'
Saturday, December 18, 2021 00:48:57 UTC
From Evergrande to supply chain issues to Covid-19, the MSCI China Index is now behind the globe by 37 percentage points, the biggest gap since 1998.
#xin #xinyuanrealestatecoltd #yongzhang #china #goldmansachs #marko #kolanovic #msci
GOLD UP, DOW DOWN, JOBLESS UP
12.18.21 12:29 AM UTC
Gold polished up nicely to hit a one-month high with $GLD hitting $67.80 while the DOW plunged 532 points. Weekly jobless claims up by 206,000 from the previous week.
GOLD UP, DOW DOWN, JOBLESS UP
Saturday, December 18, 2021 00:29:14 UTC
Gold polished up nicely to hit a one-month high with $GLD hitting $67.80 while the DOW plunged 532 points. Weekly jobless claims up by 206,000 from the previous week.
#gld #spdrgoldsharesetf #gold #silver #oil #exxon #bullion #jobless #dow
GOLDMAN INVESTING IN TECH, BIG-TIME
10.14.21 7:14 AM UTC
Goldman Sachs Group Inc. is looking at all areas of technology growing out of the pandemic period. AI, AR, quantum computing and synthetic biology top GS interest.
GOLDMAN INVESTING IN TECH, BIG-TIME
Thursday, October 14, 2021 07:14:23 UTC
Goldman Sachs Group Inc. is looking at all areas of technology growing out of the pandemic period. AI, AR, quantum computing and synthetic biology top GS interest.