Goldman Sachs Group is a leading global investment banking, securities, and investment management firm that provides a wide range of financial services to a diverse client base, including corporations, financial institutions, governments, and individuals. The company engages in various activities, including financial advisory services, underwriting of capital market transactions, asset management, and market making in securities and commodities. It is known for its expertise in mergers and acquisitions, risk management, and investment strategy, leveraging its extensive research capabilities and global reach to deliver innovative solutions in an ever-evolving financial landscape. Read More
Goldman Sachs testing Devin, an AI software engineer by Cognition Labs, to boost developer productivity. Other companies also using AI to enhance work.
The company’s rival, United Airlines (UAL), emerged as the top gainer in the broader S&P 500 index, with a 14.3% jump, while Delta itself rose 12% and Southwest Airlines gained over 8%.
McDonald’s shares were up more than 2.5% at $300 on Thursday after Goldman Sachs upgraded the stock, saying the fast food company is better positioned compared to its competitors.
Hunterbrook Media cited UBS saying that if Amazon automates up to 80% of the 14 billion items it handles annually with its new robot, it could generate an estimated $400 million in revenue for Teradyne.
In the wake of recent stock market volatility, investors and financial analysts are increasingly asking a provocative question: Can artificial intelligence (AI) really predict the next stock market crash?
The idea is as captivating as it is controversial. As AI-powered algorithms grow ever more sophisticated, their presence on Wall Street
Space NK will remain a standalone subsidiary under its current leadership, with CEO Andy Lightfoot and his management team continuing to oversee operations.
Analysts at Goldman Sachs cited the dollar’s rising tendency to sell off in tandem with U.S. equities, which has happened more than twice as often this year than over the past decade, as one of the most notable trends of 2025.
At the time of writing, Nvidia’s market capitalization stood at $3.972 trillion, slightly down from a peak of $4.012 trillion that the stock scaled on Wednesday.
As generative AI sweeps across industries, from healthcare to marketing to national defense, one major problem threatens to stall progress: infrastructure. The computer power required to support artificial intelligence is exponentially higher than traditional internet or cloud operations, and legacy data centers simply can’t keep up. According to Goldman Sachs, the U.S. will need to substantially upgrade their current number of data centers just to support known AI use cases.
