Category: Sachs

Goldman Sachs’ S&P 500 Price Target Is Rosy, but Don’t Take the Bait
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Goldman Sachs’ S&P 500 Price Target Is Rosy, but Don’t Take the Bait

Goldman Sachs raised its end-of-year S&P 500 target amid vaccine hopes. The upcoming presidential election and vaccine uncertainty are threatening the stock market rally. Investors should look at global markets for better opportunities. Goldman Sachs just raised its S&P 500 price target. The investment firm forecasts a 7% gain from here to a new record.…

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Goldman Sachs: Buy These 10 Value Stocks to Beat the S&P 500
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Goldman Sachs: Buy These 10 Value Stocks to Beat the S&P 500

Goldman Sachs predicted that these ten companies would beat the stock market this year. Its list includes Monster, Regeneron Pharmaceuticals, Facebook, Mastercard, and Alphabet. But the uncertainty of the coronavirus has already frustrated some of Goldman’s previous predictions. Goldman Sachs has named ten companies that investors should buy if they want a chance to beat…

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Goldman Sachs Said the Economy Was Recession-Proof. It Couldn’t Have Been More Wrong
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Goldman Sachs Said the Economy Was Recession-Proof. It Couldn’t Have Been More Wrong

Goldman Sachs described the U.S. economy as “less recession prone” in December, and predicted that it would avoid recession this year. Other forecasters offered similar predictions, but the coronavirus revealed just how empty these predictions were. A global pandemic on the scale of the coronavirus outbreak was predictable, as shown by a UN-commissioned report from…

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Goldman Sachs Says Buy Boeing. Here’s Why You Shouldn’t
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Goldman Sachs Says Buy Boeing. Here’s Why You Shouldn’t

After losing more than 70% of its value this year, Boeing is now a ‘buy’, according to Goldman Sachs. The giant manufacturer’s survival depends on a government bailout. The grounding of the 737 Max was the initial devastating blow. The COVID-19 pandemic could knock out Boeing. Year-to-date, Boeing (NYSE:BA) is down by more than 70%.…

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Goldman Sachs leads $15M investment in Indian fintech startup ZestMoney
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Goldman Sachs leads $15M investment in Indian fintech startup ZestMoney

One of America’s largest banks has just poured some money to help millions of Indians without a credit score secure loans and make purchases online for the first time in their lives. Bangalore-based ZestMoney announced today it has raised $15 million from Goldman Sachs and existing investors Naspers Fintech, Quona Capital, and Omidyar Network. Lizzie Chapman,…

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Goldman Sachs Tells Employees: Use Transgender Pronouns, Be an ‘Ally’
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Goldman Sachs Tells Employees: Use Transgender Pronouns, Be an ‘Ally’

Male employees at Goldman Sachs can freely grab women’s female identities and pronouns, says the company’s pro-transgender policy. “Proactively share your pronouns to foster an environment of respect and awareness (ex: “Hi, I’m Karen! My pronouns are she/hers. Welcome to the team!”),” Goldman directed its staffers November 22. The company’s “diversity and inclusion” group posted…

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Goldman Sachs leads $50M round for credit card platform Deserve
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Goldman Sachs leads $50M round for credit card platform Deserve

Deserve, a credit card startup helping young people establish themselves, as well as a cloud-based credit card platform for businesses, has raised $50 million in a new round of Series C funding led by Goldman Sachs, the company announced today. Others participating in the round include existing investors Sallie Mae, Accel, Aspect Ventures, Pelion Venture…

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