"Goldman Sachs" tag
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AI: Money-making machine or a billion-dollar sinkhole?

Billions of dollars are being invested in artificial intelligence, but the revolutionary applications widely associated with AI are still lacking. So, will putting money into the technology ever pay off? Artificial intelligence (AI) chipmaker Nvidia on August...

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Falling Yields Give the Yen a Boost

Reports that the Fed’s Brainard was interviewed for the Chair helped soften yields a bit, not that they needed extra pressure, on ideas she is more dovish than Powell.  In turn, the lower yields saw...

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FANGMAN Come Re-Unglued. Debacles Sink Goldman Sachs, Apple, and — Oh Gosh, Not Again — GE

There were company-specific debacles that sank some of the gorillas, such as Goldman Sachs, Apple, and – oh gosh, not again – GE; and there was the general issue of fears circulating that the bull...

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Trading in bitcoins may be coming soon to Goldman Sach

Top Wall Street bank Goldman Sachs is considering launching a trading operation in bitcoins possibly pushing the digital currency into the mainstream. It would be the first big bank to do so. Goldman Sachs is...

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Twitter social media site files documents for initial public offering

Twitter has confirmed plans for a stock market flotation, the most anticipated launch in the technology sector since Facebook’s launch last year. The site claims over 200 million active users. Social media site Twitter has...

Bill Gates comes out in support for Rajat Gupta

Cofounder of Software giant Microsoft, Bill Gates have written to a US Judge in support of Rajat Gupta, an ex-Goldman Sachs Director found guilty of Insider Trading, who will be sentenced on October 24 by...

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Goldman Sachs Invests Rs.1000 cr in Renew Wind

DEAL JOURNAL: In what can be termed as the largest investment in India’s  renewable energy sector, ReNew Wind Power, a renewable energy independent power producer (IPP), has announced that it had secured an equity investment...