Goldman Sachs Group is a leading global investment banking, securities, and investment management firm that provides a wide range of financial services to a diverse client base, including corporations, financial institutions, governments, and individuals. The company engages in various activities, including financial advisory services, underwriting of capital market transactions, asset management, and market making in securities and commodities. It is known for its expertise in mergers and acquisitions, risk management, and investment strategy, leveraging its extensive research capabilities and global reach to deliver innovative solutions in an ever-evolving financial landscape.
Affirm Holdings will lose its exclusive role providing installment loans for Walmart as Klarna partners with OnePay. Yesterday, Goldman Sachs analyst lowered AFRM's price target from $90 to $50, then raised the forecast to $56 reflecting the updated impact of loss of the Walmart relationship.
Goldman Sachs analyst Brooke Roach upgrades Ralph Lauren (NYSERL) to Buy with a price target of $286, citing improving execution and growth opportunities.
Goldman Sachs analyst expects positive updates from Vertex's first Investor Day as a public company on March 19, reiterates Buy rating with $48 price target.
Trade tensions create concerns for automotive industry. Goldman Sachs warns tariffs could hurt earnings. EPA starts process to reverse emissions standards. FTC requests delay in Amazon trial. Trump suggests Meta may invest $60B in US. Earnings reports for S, UiPath, BLNK, RBRK.
The thesis holds that a multi-decade super cycle Credit Bubble - over recent years succumbing to “terminal phase excess” - has turned increasingly fragile. Q4 2024 Z.1 data from the Federal Reserve corroborate the analysis.
The uncertainties with corporate earnings, the reduction in liquidity operations and the lack of desire for the U.S. to continue to run up the credit card, is a limiting factor for the market at this time.
Goldman Sachs lowered estimates for FedEx ahead of its Q3 earnings release, citing transportation challenges and volume declines. Analyst remains optimistic about cost-cutting efforts.
