Goldman Sachs (GS.US) plans to spin off its digital assets platform to promote the commercial application of its blockchain platform.
According to reports, Goldman Sachs is currently negotiating with potential partners, with plans to spin off its digital assets platform into a new company for large financial firms to create, trade, and settle financial instruments using blockchain technology.
Express News | Spectro Cloud Closes $75M Series C Led by Growth Equity at Goldman Sachs Alternatives
Spectro Cloud Closes $75m Series C Led by Growth Equity at Goldman Sachs Alternatives
Express News | Goldman Sachs downgraded the rating of the European banking industry from shareholding to neutral.
Express News | goldman sachs cuts future 12-month europe stock index forecast.
Financial stocks are expected to rise strongly! JPMorgan has listed a "shareholding" list.
Analysts at morgan stanley have recently shown a preference for financial stocks and have listed a list of stocks rated as "shareholding."
Express News | Goldman's Solomon Says Seeing Improvement in China Consumption Is Very Important to Win Back Investor Confidence
Express News | Goldman’s Solomon Says Global Investors Continue to Be Concerned About Getting Capital Out of China
Goldman Sachs expects the s&p 500 index to rise to 6,500 points by the end of 2025.
Goldman Sachs chief stock strategist David Kostin stated that against the backdrop of sustained expansion and profit growth in the USA economy, the S&P 500 index is expected to rise by the end of next year. Kostin has raised the target for the S&P 500 index at the end of 2025 to 6,500 points, about 10% higher than the current level. He previously set the index's 12-month target at 6,300 points. This latest forecast aligns with that of Morgan Stanley's Mike Wilson, who also recently raised his US stock forecast. 'Based on our baseline macroeconomic forecasts, the economy and profits will continue to grow, while bond yields will remain at their current levels.'
Express News | Blackstone President Jon Gray Says the Firm Has Invested $30Bln in Real Estate in the Last 12 Months
Express News | Goldman Sachs Chairman David Solomon Says There Will Be More Robust Levels of Both Capital Raising and M&a in 2025 With the New U.S. Administration
CNBC Daily Open: Tesla Makes up for Nvidia's Dip
The central parity rate of RMB against the US dollar is reported at 7.1911 yuan, down 4 basis points.
On November 19, the renminbi's central parity rate against the US dollar was reported at 7.1911 yuan, down 4 basis points. Nomura expects the Fed to pause rate cuts in December and only cut rates twice next year. Nomura Securities analyst recently stated that the Fed is expected to pause rate cuts at the December policy meeting, making it the first global brokerage to suggest a pause in rate cuts after Trump's reelection. Nomura Securities currently predicts that the Fed will only cut rates twice next year at the March and June meetings, by 25 basis points each time. The brokerage keeps its forecast for the Federal Funds Rate unchanged at 4.125% before next year.
S&P Sees Some Signs of a US Credit Bubble as Spreads Tighten
Sector Update: Financial Stocks Rise Late Afternoon
Goldman Sachs To Spin Out Digital Assets Platform Amid Blockchain Push
Overweight-rated Financial Stocks, as Group's Outlook Looks Attractive - MS
Top Midday Stories: Spirit Airlines Files for Chapter 11 Bankruptcy Protection; Trump Team Looking to Ease Rules for Self-Driving Cars
Quality Cyclicals Are Expected to Continue Going Up, Here Are the Top-rated by Morgan Stanley
Xiaomi executives interpret the Q3 financial report: Investment in intelligent driving is "unlimited," and expenses will definitely increase next year.
Xiaomi Group (HKEX: 1810) released its financial report for the third quarter of 2024: total revenue reached 92.5 billion yuan, a year-on-year increase of 30.5%; net income was 5.3 billion yuan, compared to 4.9 billion yuan in the same period last year. Adjusted net income was 6.3 billion yuan, a year-on-year increase of 4.4%. After the financial report was released, Xiaomi Group partner and president Lu Weibing, vice president, CFO, and CEO of Tianxing Shuke Lin Shiwei, and other executives attended the subsequent earnings conference call to interpret the highlights of the report and answered questions from several analysts. The following is the transcript of the Q&A session with analysts during this conference call: goldman sachs analyst.