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Goldman Sachs’ top tech stock picks to weather market volatility

Following mixed results in the first quarter, Goldman Sachs identified four compelling tech buying opportunities. These stocks have solid topline growth, and they are more likely than others to survive the volatility in the market. Tech stocks are suffering a huge sell-off after years of beating returns. The sector has borne the brunt of a market […]

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Banks pick their favorite battery stocks and Goldman Sachs loves one

Goldman Sachs loves one EV stock for its battery innovation – and it also makes the bank’s conviction list of top buy-rated stocks. HSBC has named energy storage companies as its top conviction themes. BYD (Chinese electric vehicle) company is rated buy by Goldman because of its innovative battery technology. It was described as market-leading […]

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Pros on Snap’s lower guidance impact

Market Movers brings together the most important trades posted by investors and analysts to CNBC during the day. Snap dropped more than 40% today after it announced lower revenues than forecasted for the quarter. Snap and several other digital ads companies also fell today. Snap, Costco and Goldman Sachs are just a few of the […]

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Suspect in fatal NYC subway shooting of Goldman Sachs employee is in custody, police sources say

New York City Police Department has released an image that shows an unidentified person who is being sought by police in relation to the killing of a commuter on Sunday, May 22nd 2022. AP| AP The suspect was allegedly involved in the murder of Goldman Sachs employee. Police claim it was an unprovoked attack against […]

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Suspect in fatal NYC subway shooting of Goldman Sachs employee still at large

Police say the shooting death of an employee at Goldman Sachs was unprovoked. New York City subway train remains at large on Tuesday, despite reports he had surrendered to authorities. Andrew Abdullah (25), was to have surrendered to police following a murder conviction. NBC New York reported on Tuesday, but failed to appear for the arranged hand off. According […]

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Goldman Sachs says the selling won’t stop until this happens

According to Goldman Sachs, the current market slump won’t stop unless the Federal Reserve reverses its tighter monetary policy. The firm believes that this unlikely will happen until either the economy is in recession or shows signs that it doesn’t need to continue braking the pedal. Vickie Chang from Goldman, strategist for Goldman said this […]

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What’s A 401(k) Loan or Hardship Withdrawal? What You Need To Know

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. While we earn commissions from many affiliate partners, not all Select offers are affiliate-only. Life can throw unexpected, expensive and difficult circumstances your way. You start to wonder how you will pay. You should be able […]

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Traders are lining up to short the British pound with a recession on the horizon

British Union flag, also known as a Union Jack, and an American flag at ETX Capital, a broker of contracts-for-difference. As the British economy is facing soaring inflation, high costs of living and other challenges, the pound has dropped more than 8 percent against the dollar. Traders are taking short positions on the pound. Bloomberg […]

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As inflation slows and ruble rallies, Russia is hoping to avoid a crisis

Russian President Vladimir Putin. Pool | Reuters Russia thinks it has avoided a financial crises as its currency rises and data improves. But strategists warn that the numbers conceal some terrible truths for Moscow. Despite the fact that inflation is high, signs are showing that prices are slowing down and will continue to rise. Russian […]

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Goldman Sachs Asia stock picks for rising rates, recession risk, strong dollar

Goldman Sachs ‘ Asia strategists say markets are facing a “troubling triad” of rising rates, recession risk and dollar strength — but they expect some stocks to benefit. These are their top picks for buy, many of which are also on Goldman’s conviction list. Goldman strategists Timothy Moe and others stated that the Asian regional […]