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ReutersReuters
Goldman Sachs quarterly profit rises on equities strength

Goldman Sachs quarterly profit rises on equities strength

By Saeed Azhar and Pritam Biswas Oct 13 (Reuters) - Goldman Sachs on Tuesday posted a higher third-quarter profit as dealmaking remained steady and volatile markets tied to the Middle East conflict boosted the Wall Street giant's equities revenue.
AP NewsAP News
Strong profit reports from Goldman Sachs and others support Wall Street as chip stocks drop

Strong profit reports from Goldman Sachs and others support Wall Street as chip stocks drop

Strong profit reports from Goldman Sachs, UnitedHealth Group and other big U.S. companies are helping to shore up the stock market, even as sharp drops for stocks in the computer chip industry circle the world and hit Wall Street
ReutersReuters
Stocks dip on AI jitters, big banks kick off US earnings season

Stocks dip on AI jitters, big banks kick off US earnings season

By Sruthi Shankar Oct 13 (Reuters) - World stocks dipped on Tuesday as renewed AI concerns hit high-flying chipmakers and drove investors to the safety of government bonds, while big Wall Street banks kicked off the US quarterly reporting season.
ReutersReuters
World stocks dip as chips slide, bonds rise

World stocks dip as chips slide, bonds rise

By Ankur Banerjee and Sruthi Shankar Oct 13 (Reuters) - World stocks dipped on Tuesday as renewed AI concerns hit high-flying chipmakers, driving investors to the safety of government bonds as tech-heavy stock markets in Asia and the United States felt the brunt of the selloff.
TheStreetTheStreet
The Fed has a new warning for Wall Street and the stock market

The Fed has a new warning for Wall Street and the stock market

Bond yields are climbing, inflation isn't cooling, and the Fed isn't done.
ReutersReuters
S&P 500 set for muted open after big bank earnings, chip slide weighs

S&P 500 set for muted open after big bank earnings, chip slide weighs

By Tharuniyaa Lakshmi and Purvi Agarwal Oct 13 (Reuters) - The benchmark S&P 500 was set for a muted open on Tuesday as investors parsed quarterly results from big US banks that kick off the earnings season, while weakness in chip stocks weighed on Nasdaq futures.
ReutersReuters
Goldman Sachs beats quarterly profit estimates on equities strength

Goldman Sachs beats quarterly profit estimates on equities strength

By Saeed Azhar and Pritam Biswas Oct 13 (Reuters) - Goldman Sachs on Tuesday beat third-quarter profit estimates, as dealmaking remained steady and volatile markets tied to the Middle East conflict lifted its equities revenue, sending its shares up 3.8% before the bell.
TrendlineTrendline
Blackstone President Jon Gray Differentiates Current AI Boom Valuations from 2000 Internet Bubble

Blackstone President Jon Gray Differentiates Current AI Boom Valuations from 2000 Internet Bubble

Blackstone President Jon Gray Differentiates Current AI Boom Valuations from 2000 Internet Bubble
ReutersReuters
Higher yields revive the case for a new-look 60/40 portfolio

Higher yields revive the case for a new-look 60/40 portfolio

By Patturaja Murugaboopathy Oct 13 (Reuters) - US investors are favourably reassessing the traditional 60% stock, 40% bond portfolio strategy as a selloff in government debt lifts yields to levels that offer more attractive income and potentially stronger future returns.
TrendlineTrendline
DoorDash CEO Tony Xu Invests in Mecka AI's $60M Series B Funding Round

DoorDash CEO Tony Xu Invests in Mecka AI's $60M Series B Funding Round

DoorDash CEO Tony Xu Invests in Mecka AI's $60M Series B Funding Round
TheStreetTheStreet
Michael Burry raises a strong warning about the private markets

Michael Burry raises a strong warning about the private markets

He named the pressure point, placed his bets, and said the timeline may be shorter than anyone expects.
TheStreetTheStreet
Goldman Sachs resets Palantir Stock 12-month price target by 18%

Goldman Sachs resets Palantir Stock 12-month price target by 18%

Here’s what could happen to PLTR shares next.