GS241129C495000
- 105.91
- 0.000.00%
Goldman Sachs Newsroom
Wall Street macro traders see worst annual performance since the epidemic outbreak.
Global banks' forex and interest rate trading revenue is expected to hit the lowest level since the pandemic, influenced by narrowing profit margins and a challenging macroeconomic environment. According to data collected by Coalition Greenwich, Goldman Sachs, JPMorgan, Citigroup, Morgan Stanley, and over 250 other companies' G-10 interest rate trading is projected to collectively generate 32 billion USD in revenue, while forex trading revenue is expected to be 16.7 billion USD, representing year-on-year reductions of approximately 17% and 9%, respectively. Investor confidence in making significant macro trading views has declined this year, as unexpected economic data has undermined expectations of interest rate cuts from major global central banks.
Goldman Sachs To Go Ex-Dividend On December 2nd, 2024 With 3 USD Dividend Per Share
Behind the influx of hedge funds into japanese companies is the undervalued real estate worth 165 billion dollars.
Global hedge funds and private equity firms are flocking to Japanese companies in hopes of unlocking up to 25 trillion yen (165 billion USD) in undervalued real estate assets. The hidden value of real estate on corporate balance sheets has become a theme behind some large activist investor actions and merger and acquisition trades that have emerged in Japan this year. The latest case is the USA company Elliott Investment Management announcing that it holds 5.03% of Tokyo Gas shares, with reports last week estimating that Elliott values the latter's real estate investment portfolio at around 1.5 trillion yen — almost.
Wednesday Ends With Index Decline | Wall Street Today
Decoding Goldman Sachs Gr's Options Activity: What's the Big Picture?
CFRA Predicts That Banks Will Outperform the Benchmark S&P 500 in 2025
UnitedHealth, 3M Share Gains Contribute To Dow's 119-Point Jump
Dow Hits Another Record, Core PCE 2.8% as Expected | Live Stock
Institutional Investors Control 71% of The Goldman Sachs Group, Inc. (NYSE:GS) and Were Rewarded Last Week After Stock Increased 4.1%
Express News | LyondellBasell to Address 2024 Goldman Sachs Industrials and Materials Conference
Goldman Sachs: Maintains 'Neutral' rating on China Tower, target price raised to 1.16 Hong Kong dollars
Goldman Sachs issued a research report stating that China Tower (00788) has a 'neutral' rating, with a slight downward revision of up to 1.4% in the revenue forecast for the company from this year to 2026, to reflect the slowing revenue growth of the telecommunications tower business due to price declines, and raised the target price from HK$1.15 to HK$1.16. The bank expects China Tower's outlook to be stable, with next year's revenue growth expected to stabilize at 4%, net profit expected to grow by 12%, dividend per share expected to be 4.9 RMB, equivalent to a 15% year-on-year increase or a distribution of 79% of profit. The bank points out that despite facing the challenge of aging receivables, China Tower's cash flow prospects.
The rise in stock prices has triggered a chain reaction! Deutsche Bank warns that major Wall Street firms may reduce share buybacks.
Deutsche Bank stated that US bank stocks have rebounded since the end of September.
Goldman Sachs: OPEC+ production cuts may support a slight short-term increase in oil prices.
Goldman Sachs stated that under compliance with the OPEC+ production cut agreement, the crude oil production in Iraq, Kazakhstan, and Russia has decreased, supporting a slight short-term increase in Brent crude oil prices. The investment bank said in a report on Tuesday that due to the recent drop in oil prices, Saudi Arabia is more likely to extend oil production cuts. We now believe that oil production cuts will continue until April 2025, instead of January. Goldman Sachs maintains its expectation of an average price of $76 per barrel for Brent crude oil in 2025. "Any production increase actions by OPEC+ will be gradual and data-driven," Goldman Sachs said.
S&P 500, Dow Hit Records, Trump Tariffs to Cost Hundreds of Billions | Wall Street Today
Deutsche Bank Sees Bank Stock Rally Adding to Repo Market Strain
Goldman, Morgan Stanley Ratings Lowered Due to Lofty Stock Values
Dow Falls After Record, Trump Talks Tariffs on Day One | Live Stock
Amgen, Boeing Share Losses Lead Dow's 200-Point Fall
Goldman Sachs, Morgan Stanley Cut to Hold at HSBC
This Goldman Sachs Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday