Express News | Goldman Sachs former partner establishes own firm, planning to raise as much as $0.85 billion for a private equity fund.
Express News | Jinkosolar fell nearly 3% in pre-market trading, Goldman Sachs maintains its "sell" rating.
Express News | After the budget, the British pound weakened and the market remained cautious about the Bank of England cutting interest rates.
Apple executives interpret Q4 financial report: We rarely experience supply and demand imbalances, and will continue to drive AI investment next year.
Apple Inc. released the financial report for the fourth quarter and full year of fiscal year 2024: The total net revenue for the fourth quarter was $94.93 billion, a 6% year-on-year increase; net income was $14.736 billion, a 36% year-on-year decrease; diluted earnings per share were $0.97, a 34% year-on-year decrease. Apple Inc.'s revenue in the Greater China region for the fourth quarter was $15.033 billion, slightly down from $15.084 billion in the same period last year (Note: Apple's fiscal year is not synchronized with the calendar year, from October 2023 to September 2024 is fiscal year 2024). After the financial report was released, Apple's management held a conference call.
Goldman Sachs believes that the Swiss Franc will benefit from the risk of US tariffs.
Goldman Sachs indicated that if there is a significant increase in tariff risks after the US presidential election, the bank will consider changing its neutral attitude towards the Swiss Franc to a bullish one. Strategists Lexi Kanter and Michael Cahill stated that in this scenario, the Swiss Franc would be the biggest beneficiary outside the US dollar. The bank mentioned that Switzerland's export basket is mainly composed of technically advanced products and pharmaceuticals, with prices lacking elasticity and being non-cyclical. If the US imposes tariffs, the eurozone economy may weaken. The report suggested that this could boost demand for the Swiss Franc, which is a traditional safe haven for Europe in times of trouble. In addition, strategies
Express News | Economists: The UK budget may extend the process of the Bank of England's fight against inflation.
Full Text | Ideal Q3 earnings conference record: Hoping next year's sales growth rate will be double that of the high-end new energy autos market.
Li Auto Inc (NASDAQ: LI; HKEX: 2015) released the financial report for the third quarter of 2024, ending on September 30th. The total revenue was 42.9 billion yuan, a year-on-year increase of 23.6% and a quarter-on-quarter increase of 35.3%. The net income was 2.8 billion yuan, with a year-on-year increase of 0.3% and a quarter-on-quarter increase of 56.2%. Non-GAAP net income was 3.9 billion yuan, up 11.1% year-on-year and 156.2% quarter-on-quarter. After the financial report was released, the management of Li Auto Inc held a conference call, attended by director and CEO Li Xiang, CFO Li Tie, President Ma Donghui, and senior vice president.
Express News | Goldman Sachs upgraded Stanchart to a 'buy' rating, with the target price raised to 95 Hong Kong dollars.
Meta executives interpret the Q3 financial report: Meta AI is expected to become the world's top AI assistant by the end of the year, with monthly active users exceeding 0.5 billion.
Meta released its unaudited financial report for the third quarter today: revenue was $40.58 billion, a 19% year-on-year increase; net income was $15.688 billion, a 35% year-on-year increase; eps was $6.03, a 37% year-on-year increase. Meta's third-quarter revenue and eps both exceeded the expectations of Wall Street analysts, but the outlook for fourth-quarter revenue fell short of expectations; the net income growth rate hit its lowest level since the second quarter of 2023. After the financial report was released, Meta's CEO Mark Zuckerberg expressed his views on the results.
'Apple Card Failures,' Including Mishandling Disputes, Trigger Millions in Penalties
Florida Inadvertently Banned Most Banks From Selling Securities in the State for Weeks - Report
Market Chatter: BlackRock's Alacrity Solution Seeks Debt Restructuring
Alabama's Southeast Energy to Issue $600M in Bonds to Prepay For Gas, Power
Express News | Market news: Citigroup hired Goldman Sachs's Anne McCosker to manage wealth loan business.
Citi Hires Goldman Sachs Executive to Run Lending for Wealth Business -- Barrons.com
Express News | The offshore renminbi tested the 7.15 barrier, as traders prepare for the uncertainty of the usa elections.
U.S. Economy Grows by Solid 2.8% in Third Quarter -- Barrons.com
Investors in Goldman Sachs Group (NYSE:GS) Have Seen Stellar Returns of 171% Over the Past Five Years
How to conduct 'Trump trade' in the market?
Taking everything into consideration, the 'Trump trade' leads to rising US bond yields, a stronger US dollar, and a higher certainty of bitcoin increasing, which trades more on the upside against US stocks and copper prices, while leaning bearish on gold, with uncertain impacts on oil prices. Based on the trading results from the previous market, the 'Trump trade' is not 'bearish for copper and oil, bullish for gold', indicating a certain divergence from the judgment based on policies.
The Economy Grew in the Third Quarter, Possibly by a Lot. The Fed Will Cut Rates Anyway.