Just hours after filing for Chapter 11 bankruptcy in New Jersey on Monday, cryptocurrency lender BlockFi filed a lawsuit against a holding company by FTX founder Sam Bankman-Fried over his Read more
Tag: security brokering
Inflation will drop ‘significantly’ next year, Goldman Sachs economists forecast
The Federal Reserve’s preferred measure of inflation will fall below 3% by the end of next year as supply constraints ease, the cost of housing falls and the labor market Read more
Morgan Stanley funds have billions riding on a bet against Goldman Sachs. It depends what happens on Thursday.
A long-running bet on the value of the Chinese yuan placed by several Morgan Stanley funds are close to reaching their strike price ahead of Thursday’s expiration. Several Morgan Stanley Read more
Goldman cuts expectations for S&P 500 profit growth through 2024
A team of equity analysts at Goldman Sachs Group GS, +0.75% cut their expectations for S&P 500 earnings growth through 2024, citing a plethora of headwinds that will likely continue Read more
Robinhood’s active users fall, approaching pre-meme-stock-craze numbers
Shares of Robinhood Markets Inc. HOOD, -4.36% rose after hours Wednesday after the stock-trading app reported a narrower-than-expected loss and forecast lower expenses, even as active users turn away from Read more
Invest in stocks that return cash to shareholders in an economic slowdown, says Goldman
In an economic slowdown, investors should own stocks that return cash to shareholders, rather than shares of companies that invest in capital expenditures and in research and development, said Goldman Read more
Oil slides as China factory gauge slumps; natural-gas futures move sharply higher
Oil futures fell Monday, feeling pressure after a weak reading on China factory activity and a widening of COVID-19 curbs by the country. Previously beaten-down natural-gas futures, meanwhile, rallied by Read more
This hedge fund manager who made winning bets in 2020, says investors should brace for a decades-long bear market
On the heels of last week’s bullish turn for stocks, the setup is looking slightly less positive for Monday. Hong Kong stocks may be affecting the mood with a giant Read more
Stocks have seen the smallest percentage of ‘up’ days since 1974 so far this year
One of the most conspicuous characteristics of the bear market of 2022 has been the stock market’s almost unrelenting grind lower. Unlike March 2020, when most of that year’s volatility Read more
Stock-market selloff may mean another 20% drop for S&P 500, says Wall Street veteran
“‘I generally believe that rates are going to continue to go higher and inflation is not going to come down as much as expected.’” — Thomas Peterffy, chairman and founder Read more