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Goldman Sachs CEO David Solomon says he expects lower returns in stocks over next few years

David Solomon, Chief Executive Officer of Goldman Sachs speaks at the Milken Institute Global Conference, Beverly Hills on April 29, 2019. Bloomberg | Bloomberg | Getty Images According to the Financial Times, investors shouldn’t be expecting that the current bull run in stocks or other assets will continue. Goldman Sachs CEO David Solomon. Equities are […]

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Intel plans to take self-driving car unit public in the U.S. in 2022

Amnon Shashua, CEO of Mobileye poses with an autonomous Mobileye vehicle in New York at the Nasdaq Marketplace site on July 20, 2021. Jeenah Moon | Reuters IntelIt has announced plans to list Mobileye (Israel autonomous driving company) it acquiredAs part of our effort to expand into new markets, we will be spending $15.3 billion […]

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What Jim Cramer is watching in the market Monday, including Rivian, banks and IPOs

Jim Cramer Scott Mlyn | CNBC (This article was originally sent to Jim Cramer and members of CNBC Investing Club. Get the latest updates directly to your email subscribe here.) Here’s what I see, December 6, 2021 Rivian (RIVN)Started at JPMorgan, Goldman Sachs, and JPMorgan neutral…but made 9 purchases…Morgan Stanley calls it “the one”… cites […]

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Enron’s executives became household names. Here’s where they are now

The sudden collapse of Enron, culminating in what was then the largest bankruptcy filing in U.S. history on Dec. 2, 2001, changed thousands of lives, damaged investor confidence to the core and made household names out of previously obscure businesspeople. Many were brought before congressional committees to be raped and subjected to endless hearings. Many were […]

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Salesforce, Allbirds, DoorDash and more

Take a look at the top premarket traders. Salesforce — Shares of the software giant dropped more than 6% in premarket trading despite a better-than-expected third-quarter earnings report. Company’s fourth-quarter guidanceAnalysts’ expectations were not met. Also, Salesforce announced it promoted Bret Taylor to the role of co-CEO, alongside Marc Benioff. Box — Shares of Box rose more than 9% […]

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Goldman Sachs unveils Amazon-backed cloud service for Wall Street trading firms

David Solomon, chief executive officer of Goldman Sachs & Co., listens during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg | Getty Images Goldman SachsCloud computing is a business opportunity. In an offer designed to assist hedge funds and asset manager, the bank will […]

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Goldman Sachs thinks these 6 global stocks could rally by 60% or more

The New York Stock Exchange’s floor is decorated with the logo of Goldman Sachs Group Inc. on Wednesday, May 19, 2010. Daniel Acker | Bloomberg | Getty Images Goldman Sachs maintains a global conviction list — the crème de la crème of its universe of buy-rated stock picks. CNBC spotlights six stocks that Goldman predicts […]