GS Goldman SachsWatchlist
About Goldman Sachs Company
The Goldman Sachs Group, Inc. engages in the provision of financial services. It operates through the following business segments: Global Banking and Markets, Asset and Wealth Management, and Platform Solutions. The Global Banking and Markets segment includes investment banking, global investments, and equity and debt investments. The Asset and Wealth Management segment relates to the direct-to-consumer banking business which includes lending, deposit-taking, and investing. The Platform Solutions segment includes consumer platforms such as partnerships offering credit cards and point-of-sale financing, and transaction banking. The company was founded by Marcus Goldman in 1869 and is headquartered in New York, NY.
Goldman Sachs: Giving Ali Health a “neutral” rating with a target price of HK$6.2
Goldman Sachs released a research report saying that for Ali Health (00241) a “neutral” rating, the company is concerned about increasing market share, and the potential acquisition of business from the parent company is expected to boost profitability, with a target price of HK$6.2. The bank said that Alibaba Health's revenue for the first half of the fiscal year ended September was in line with expectations, and net profit was also better than expected. The company announced its intention to acquire medical marketing business from parent company Alibaba (09988). After estimating the abandonment of after-tax cash interest income and stock dilution effects, it did not consider synergies. Currently, it is estimated that Alibaba Health's potential earnings per share forecast for fiscal year 2025 will increase by about 35%.
US banking profits declined in the third quarter FDIC says the industry faces significant downside risks
Banking profits declined in the third quarter despite a booming economy, according to data from the Federal Deposit Insurance Corporation (FDIC), the top US banking regulator.
Sector Update: Financial Stocks Gain Wednesday Afternoon
Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index rising 1.2% and the Financial Select Sector SPDR Fund (XLF) ahead 1.3%. The Philadelphia Housing Index was
✅ Apple proposes to terminate its credit-card partnership with Goldman Sachs, impacting their joint card and savings account ventures.
✅ The tech giant plans to exit the agreement in approximately 12-15 months, a significant shift from the partnership extension until 2029.
✅ Goldman Sachs, facing substantial losses in consumer lending, initiated discuss...
2-Marc Benioff**, CEO of Salesforce
3-Warren Buffett**, CEO of Berkshire Hathaway
4-Larry Fink**, CEO of BlackRock
5-Jamie Dimon**, CEO of JPMorgan Chase
6-David Solomon**, CEO of Goldman Sachs
7-Brian Cornell**, CEO of Target
8-Doug McMillon**, CEO of Walmart
$Berkshire Hathaway 13F(BK2999.US)$$Berkshire Hathaway-A(BRK.A.US)$$Berkshire Hathaway-B(BRK.B.US)$$Amazon(AMZN.US)$$Salesforce(CRM.US)$$Blackrock(BLK.US)$$JPMorgan(JPM.US)$$Goldman Sachs(GS.US)$$Target(TGT.US)$$Walmart(WMT.US)$