GS News

For a company that depends on government contracts, primarily the US government for most of its revenue, Palantir (NASDAQ: PLTR) has a lot at stake with the federal budget about to get slashed to the tune of $1 trillion by May this year, as part of the D.O.G.E initiative, spearheaded by Elon Musk.

CoreWeave priced its initial public offering at $40 per share, below the expected range of $47 to $55, signaling investor caution despite demand for artificial intelligence-driven cloud computing services.

Discord is potentially planning an IPO with Goldman Sachs and JPMorgan, per Bloomberg. The timing remains uncertain, and the company may adjust its plans or bring in additional advisers.

Shares of Goldman Sachs (GS) have dropped by about 20% over the past month. Now they are oversold and could reverse.

OpenAI has signed a five-year, $11.9 billion contract with CoreWeave and will acquire a $350 million equity stake in the cloud computing provider, strengthening the company ahead of its anticipated $35 billion initial public offering.

The US shale sector is capable of ramping up oil production even if prices fall to $50 per barrel, according to U.S. Energy Secretary, Chris Wright.

Super Micro Computer Inc. (NASDAQ: SMCI) rose 3.45% during the pre-market trading on Wednesday, a day after it became the top gainer on the S&P 500.

CoreWeave, Inc., a cloud computing firm backed by NVIDIA Corp., filed its Form S-1 with the U.S. Securities and Exchange Commission on Monday, signaling its intent for an initial public offering.

Warren Buffett, the 94-year-old chairman of Berkshire Hathaway Inc., recently deflected questions about Elon Musk's cost-cutting efforts in Washington, opting instead to reaffirm his unwavering faith in American businesses.

Goldman Sachs estimates that a proposed 10% U.S. oil tariff could lead to a $10 billion annual loss for foreign producers.

Trump's tariff policies haven't affected Wall Street banks' optimism towards his pro-business agenda. Deregulation and tax cuts are expected to boost growth.

Goldman Sachs (NYSE: GS) shares traded higher after reporting strong Q4 and full-year 2024 results. Revenue, EPS, and stock buybacks all beat expectations.

Goldman Sachs Inc. (NYSE: GS) is reorganizing its structure to focus on financing, reflecting its ambition to be a leader in the growing private credit market and private-equity dealmaking. The firm is combining three units in its global banking and markets division into a new group called the Capital Solutions Group.

Goldman Sachs will spin out its blockchain platform to enable large financial institutions to use blockchain technology for financial instruments.