Goldman Sachs set to fire more than 1,300 employees: WSJ
David Solomon is sharpening the axe again. The Goldman Sachs CEO will slash more than 1,300 jobs as part of the bank’s ongoing review to cull poor performers, the Wall…
David Solomon is sharpening the axe again. The Goldman Sachs CEO will slash more than 1,300 jobs as part of the bank’s ongoing review to cull poor performers, the Wall…
The Dow surged more than 400 points to an intraday record on Thursday, as investors were relieved after data showed a still robust US economy, while Nvidia slipped as its…
Now that Kamala Harris is leading in presidential polling, one of the big questions on Wall Street and corporate America involves her economic agenda: Will it be a carbon copy…
Billionaire investor Warren Buffett has dumped more than $3 billion worth of shares in Bank of America over the past weeks, taking profits after a big run-up in the second-largest US…
Ted Pick, CEO Morgan Stanley, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024.Adam Galici | CNBCMorgan Stanley said second-quarter…
David Solomon, Goldman Sachs interview with David Faber, September 7, 2023.CNBCGoldman Sachs is scheduled to report second-quarter earnings before the opening bell Monday.Here’s what Wall Street expects:Earnings: $8.34 per share,…
JPMorgan Chase on Friday posted second-quarter profit and revenue that topped analysts’ expectations as investment banking fees surged 52% from a year earlier.Here’s what the company reported:Earnings: $4.26 per share…
Elon Musk predicted that fellow billionaire tech mogul Bill Gates will be “obliterated” for shorting Tesla stock — rekindling a feud that has been marked by public disagreements over climate…
Shares of online pet food retailer Chewy surged more than 10% in pre-market trading on Monday after internet meme stock star “Roaring Kitty” revealed that he took a sizable stake…
A longtime Democratic donor said it’s “wishful thinking” that Joe Biden will quit the presidential race despite an “appalling” CNN appearance on Thursday — and insisted the commander-in-chief could still…