Goldman Sachs

$GS

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184 stories mentioning Goldman SachsUpdated 2d ago

Goldman Sachs and JPMorgan are exploring futures tied to GPU rental prices to help manage AI lending risks, amid a softer financial sector.

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Recent broker actions mentioned in FINWIRES coverage. Compiled from wire headlines; not investment advice.

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Sectors27d ago

Sector Update: Financial Stocks Lean Lower Pre-Bell Monday

Financial stocks were leaning lower pre-bell Monday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.3%.The Direxion Daily Financial Bull 3X Shares (FAS) was 1.1% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 1%.Bread Financial (BFH) shares were up more than 1% after the company reported 30-day-plus delinquencies of $876 million and a delinquency rate of 5.35% as of July 31, down from $931 million and 5.8% a year earlier.KKR's (KKR) bid for an 8.43% stake in First Gen, a First Philippine power-generation unit, has been rejected, the Manila-based conglomerate reported to the Philippine Stock Exchange. KKR shares were 0.4% lower premarket.Intel (INTC) and Goldman Sachs Group (GS) are among the investors in artificial intelligence video generation platform Higgsfield's recent $400 million funding round, pushing its valuation to $5.40 billion, the Financial Times reported. Goldman Sachs Group shares were 0.1% lower pre-bell.

$BFH$FAS$FAZ$GS$INTC$KKR$XLF

Sectors30d ago

Sector Update: Financial Stocks Edge Lower Late Afternoon

Financial stocks were slightly lower in late Friday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each fractionally lower.The Philadelphia Housing Index shed 0.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) rose 0.3%.Bitcoin (BTC-USD) was falling 1% to $63,042, and the yield for 10-year US Treasuries rose 5.5 basis points to 4.696%.In economic news, retail sales slid 0.6% in July amid declines in spending on motor vehicles and at gas stations, following a 0.2% increase in June, the Census Bureau reported Friday. The consensus was for 0.1% growth, according to a survey compiled by Bloomberg.The probability of the Federal Reserve extending its policy pause to September jumped to almost 70% by Friday afternoon, from 56% a week ago, according to the CME FedWatch tool, building on gains after data this week showed headline and core consumer and wholesale price inflation rates declined year over year in July.The University of Michigan's preliminary consumer sentiment index fell to 51.0 in August from 55.2 in July, below expectations for a much smaller decrease to 55.0 in a Bloomberg-compiled survey.In corporate news, International Money Express (IMXI) shares jumped past 23% after Western Union's (WU) pending acquisition of the company received approval from the New York State Department of Financial Services, with Western Union agreeing to certain commitments related to remittance services and locations. Western Union shares were down 1.2%.T. Rowe Price (TROW) CEO Rob Sharps has predicted that it will take another couple of years to reverse the outflows amid passive competition, the Financial Times reported. The company is considering options like acquisitions in growth areas in a bid to ease the ongoing strain and return to positive flows faster, the report said, citing an interview with Sharps. T. Rowe Price shares were down 0.9%.JPMorgan Chase (JPM) has cut off banking access for prediction-market platform Polymarket over regulatory concerns, the Financial Times reported. The FT said the move comes as US regulators, including the Commodity Futures Trading Commission, maintain scrutiny of prediction markets. JPMorgan shares were shedding 0.1%.Goldman Sachs (GS) is courting investors to partake in Nvidia's (NVDA) $500 billion AI financing initiative, Reuters reported. Among the potential investors are insurers, money managers, and banks along with asset managers, the report said. Goldman shares were down 0.2%.

$GS$IMXI$JPM$TROW$WU

US Markets30d ago

Nvidia Poised for Strong Quarterly Results, Outlook, UBS Says

Nvidia (NVDA) is likely to post strong fiscal second-quarter results and issue an upbeat sales outlook as Vera Rubin begins to ramp, UBS Securities said Friday.The brokerage raised its second-quarter earnings outlook for the chipmaking giant to $2.13 a share from $2.09 and its revenue estimate to $93.55 billion from $91.91 billion. UBS projects third-quarter revenue in a range of $107 billion to $108 billion."Blackwell is holding stable, with Rubin units starting to layer in ahead of what should be a more substantial revenue step-up in (the fourth quarter), as Rubin sell-in accelerates toward (roughly 500,000 graphics processing unit) units/month and Blackwell starts to wind down," UBS analysts Timothy Arcuri and Natalia Winkler said in a note to clients Friday.Vera Rubin is Nvidia's next-generation artificial intelligence computing platform designed for large-scale agentic AI and advanced reasoning workloads.In a note to clients earlier this month, BofA Securities said it expected Nvidia to deliver a second-quarter revenue beat and issue an upbeat guidance amid Vera Rubin shipments and "solid" cloud capital expenditure trends.Recently, Amazon.com (AMZN) increased its full-year CapEx guidance, while Meta Platforms (META) raised the lower end of its own outlook range for the metric. Microsoft (MSFT) said it anticipated CapEx in its fiscal 2027 to increase year over year, while Alphabet (GOOG, GOOGL) indicated rising AI capital spending."Because the vast majority of hyperscaler CapEx increase this year is due mostly to memory price inflation, compute supply growth is even further from keeping pace with demand," Acuri and Winkler said Friday. "This is ultimately bullish for (Nvidia) and as a result, we may hear about another significant stair-step in backlog on this earnings call."Earlier this week, Nvidia signed memorandums of understanding with six major financial institutions, including Goldman Sachs (GS), BlackRock (BLK), Blackstone (BX) and KKR (KKR), to raise more than $500 billion in third-party capital for the development of AI infrastructure.UBS expects this to help address "demand durability concerns by unlocking substantial infrastructure capital, underscoring both the financeability of AI compute and the strength of (Nvidia's) ecosystem."The company's shares were little changed in Friday afternoon trade. The stock has jumped nearly 21% so far in 2026.Coming out of Nvidia's upcoming earnings call, UBS expects investors to gain "greater confidence" in a path to EPS of more than $15 in 2027 and $20 in 2028 -- "numbers that should keep the stock grinding higher," the analysts wrote.The technology bellwether company is scheduled to report results Aug. 26.Price: $225.37, Change: $+0.07, Percent Change: +0.03%

$AMZN$BLK$BX$GOOG$GOOGL$GS$KKR$META$MSFT$NVDA

Sectors32d ago

Sector Update: Financial Stocks Rise Late Afternoon

Financial stocks were higher in late Wednesday afternoon trading, with the NYSE Financial Index up 0.5% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.3%.The Philadelphia Housing Index was falling 1.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) rose 0.8%.Bitcoin (BTC-USD) was easing 0.3% to $63,316, and the yield for 10-year US Treasuries was slightly lower at 4.68%.In economic news, the consumer price index rose 3.4% last month from a year earlier, decelerating from 3.5% in June and marking the slowest pace of growth since March, data from the Bureau of Labor Statistics showed. The annual print matched the average forecast in a Bloomberg survey. Core inflation, which excludes volatile food and energy items, eased to 2.5%, also as expected, from June's 2.6%.In corporate news, Bank of America (BAC) plans to invest $250 billion in US infrastructure through its Critical Infrastructure Finance Initiative, the company said Wednesday. The investment will be made through lending, investments, capital markets and advisory transactions over an 18-month period from Jan. 1, 2026 through July 4, 2027, the company said. Bank of America shares were up 1.3%.Goldman Sachs (GS) said Wednesday it has agreed to buy exchange-traded fund provider Neos Investments for up to $2.25 billion in cash and equity. Goldman shares eased 0.1%.Blackstone (BX) is considering abandoning plans to raise about $3 billion of debt to return some cash to investors, Bloomberg reported. The firm has struggled to find a buyer for the equity portion of the deal, which is typically the riskiest part, Bloomberg reported. Separately, Blackstone and La Caisse are leading a 2.5 billion Canadian dollar ($1.8 billion) minority equity investment in Air Canada's Aeroplan loyalty program, valuing the business at CA$10 billion, the airline said Tuesday. Blackstone shares were down 0.4%.Charles Schwab (SCHW) said Wednesday that its unit Charles Schwab Futures & Forex has launched single stock futures for more than 50 US stocks in the S&P 500 and Nasdaq-100. Charles Schwab shares rose 1.7%.

$BAC$BX$GS$SCHW

Wire32d ago

Sector Update: Financial Stocks Mixed Wednesday Afternoon

Financial stocks were mixed in Wednesday afternoon trading, with the NYSE Financial Index up 0.3% and the State Street Financial Select Sector SPDR ETF (XLF) fractionally lower.The Philadelphia Housing Index was falling 1.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) rose 0.8%.Bitcoin (BTC-USD) was easing 0.1% to $63,442, and the yield for 10-year US Treasuries was slightly lower at 4.676%.In economic news, the consumer price index rose 3.4% last month from a year earlier, decelerating from 3.5% in June and marking the slowest pace of growth since March, data from the Bureau of Labor Statistics showed. The annual print matched the average forecast in a Bloomberg survey. Core inflation, which excludes volatile food and energy items, eased to 2.5%, also as expected, from June's 2.6%.In sector news, FIFA World Cup 2026 wagers helped double predictions market platform Kalshi's revenue to a more than $4 billion annualized rate last month, The Information reported. Kalshi is in late-state talks to raise fresh funding at a valuation of about $40 billion, the unnamed source told the news outlet, adding that the firm's operating expenses reached $300 million for June.In corporate news, Bank of America (BAC) plans to invest $250 billion in US infrastructure through its Critical Infrastructure Finance Initiative, the company said Wednesday. The investment will be made through lending, investments, capital markets and advisory transactions over an 18-month period from Jan. 1, 2026 through July 4, 2027, the company said. Bank of America shares were up 0.9%.Goldman Sachs (GS) said Wednesday it has agreed to buy exchange-traded fund provider Neos Investments for up to $2.25 billion in cash and equity. Goldman shares were up 0.4%.Blackstone (BX) is considering abandoning plans to raise about $3 billion of debt to return some cash to investors, Bloomberg reported. The firm has struggled to find a buyer for the equity portion of the deal, which is typically the riskiest part, Bloomberg reported. Separately, Blackstone and La Caisse are leading a 2.5 billion Canadian dollar ($1.8 billion) minority equity investment in Air Canada's Aeroplan loyalty program, valuing the business at CA$10 billion, the airline said Tuesday. Blackstone shares were down 1%.

$BAC$BX$GS

Sectors32d ago

Sector Update: Financial

$GS

Wire32d ago

Update: Equities Post Back-to-Back Declines Amid Hormuz Deal Doubts

(Updates with market moves at the end of the day, and other changes, if any.)US stocks fell for a second straight session on Tuesday and oil prices extended their rally, as the reopening of the Strait of Hormuz appeared increasingly uncertain.The Nasdaq Composite fell 0.6% to 26,445.45. The S&P 500 and the Dow Jones Industrial Average each lost 0.3% to settle at 7,728.20 and 53,791.85, respectively. Most sectors sectors were in the red, led by communication services.West Texas Intermediate crude oil was up 1.6% at $83.41 a barrel in Tuesday late-afternoon trade, while Brent advanced 1.6% to $89.11. The US crude oil benchmark was on track for its fourth consecutive day of gains, while Brent is poised to stretch its rally to a fifth session.Secretary of Iran's Supreme National Security Council Mohsen Rezaei said Tuesday that the Strait of Hormuz will remain closed as long as the US does not accept Tehran's conditions, Reuters reported.Previously, Pakistani Defense Minister Khawaja Asif told Bloomberg News that the US and Iran were close to "some sort of an arrangement."Iran has reportedly laid out new terms for reopening the Strait of Hormuz, including a permanent end to the war against Tehran and its allies, as well as demanding full compensation for war damages. In response, US President Donald Trump on Monday demanded compensation for those he claimed were killed and wounded by Iran's attacks.Trump recently indicated to the media that he's prepared to exert greater economic pressure on Iran instead of launching another military attack."Uncertainty over a US-Iran deal to end the war and reopen the Strait of Hormuz has grown after Trump demanded compensation for victims of Iranian-backed conflicts, responding to Tehran's reparations demands," Saxo Bank said Tuesday in a report. "The tougher stance lowers chances of a near-term agreement and keeps markets wary, as Iran ties any Hormuz deal with Oman to a broader accord with the US and Trump opts for economic pressure over new strikes."A missile struck a Saudi commercial vessel while transiting the Bab al-Mandeb Strait, CNN reported Tuesday, citing Yemeni officials and shipping sources. That strait connects the Red Sea to the Gulf of Aden and Arabian Sea. It is an alternative route to the Strait of Hormuz.US Treasury yields were lower intraday, with the two-year rate down 1.5 basis points at 4.22% and the 10-year rate shedding less than a basis point to 4.69%.In company news, Nvidia (NVDA) said it partnered with six major financial institutions to raise more than $500 billion in third-party capital for artificial intelligence infrastructure.The tech bellwether signed memorandums of understanding with Apollo (APO), BlackRock (BLK), Blackstone (BX), Brookfield (BN), Goldman Sachs (GS) and KKR (KKR) to establish independent compute financing platforms, it said late Monday.KKR shares jumped 6.9%, the best performer on the S&P 500. Apollo advanced 6.3%, the third-biggest gain on the index. Blackstone rose 3.9%, while BlackRock and Brookfield were also higher. Goldman and Nvidia ended little changed.AppLovin (APP) slumped 6%, the worst performer on the S&P 500, following a rating downgrade from BofA Securities.Sea (SE) reported stronger-than-expected second-quarter revenue as the Singapore-based company logged sharp annual gains in its e-commerce platform and the digital financial services business. Its US-listed shares jumped nearly 15%.In economic news, existing home sales in the US declined more than expected last month as rising prices and mortgage rates continued to weigh on homebuying activity, data from the National Association of Realtors showed.Spot gold fell 0.5% to $4,369.79 per troy ounce, while silver dropped 0.5% to $64.92.

Dow JonesNasdaq CompositeS&P 500$APO$APP$BLK$BN$BX$GS$KKR$NVDA$SE

Japan33d ago

US Equity Markets End Lower Amid Rising Crude Oil Prices, US-Iran Uncertainty

US equity indexes ended lower Tuesday amid rising crude oil prices, Iran's uncertainty on the Strait of Hormuz reopening and a decline in tech stocks.* "America must end the war, pay Iran's frozen assets, the war must end throughout the region, including in Lebanon and Gaza," Reuters cited Mohsen Rezaee, secretary of Iran's Supreme National Security Council, as saying in a report from Tasnim.* The pace of US existing home sales fell by 1.7% to a 4.06 million seasonally adjusted annual rate in July from 4.13 million in June, according to data from the National Association of Realtors. This compares with a larger expected decrease to a 4.05 million rate in a survey compiled by Bloomberg.* Redbook US same-store sales jumped 8.3% from a year earlier in the week ended Aug. 8 after an 8.7% surge in the previous week.* September West Texas Intermediate crude oil rose $1.32 to settle at $83.45 per barrel, while October Brent crude, the global benchmark, was last seen up $1.43 at $89.15.* Nvidia (NVDA) said it partnered with Apollo (APO), BlackRock (BLK), Blackstone (BX), Brookfield (BN), Goldman Sachs (GS) and KKR (KKR) to raise more than $500 billion in third-party capital for artificial intelligence infrastructure. KKR shares were up about 6.9%, the best performer on the S&P 500, followed by Apollo's 6.3% gain, the third-biggest gain on the index.* AppLovin's (APP) 30% long-term annual revenue growth target lacks sufficient evidence, with uncertainty rising around the sustainability of its self-learning growth, BofA Securities said Tuesday in a report. Shares were down roughly 6%, the worst performer on the S&P 500 and the Nasdaq.

Dow JonesNasdaq CompositeS&P 500$APO$APP$BLK$BN$BX$GS$KKR$NVDA

Sectors33d ago

Sector Update: Financial Stocks Edge Higher Late Afternoon

Financial stocks were edging up in late Tuesday afternoon trading, with the NYSE Financial Index adding 0.1% and the State Street Financial Select Sector SPDR ETF (XLF) fractionally higher.The Philadelphia Housing Index was climbing 1.6%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was shedding 0.6%.Bitcoin (BTC-USD) was declining 0.9% to $63,394, and the yield for 10-year US Treasuries decreased less than one basis point to 4.69%.In economic news, the pace of US existing home sales fell by 1.7% to a 4.06 million seasonally adjusted annual rate in July from 4.13 million in June, compared with a larger expected decrease to a 4.05 million rate in a survey compiled by Bloomberg, data from the National Association of Realtors released Tuesday showed.The National Federation of Independent Business's monthly Small Business Optimism Index rose to 99.8 in July from 97.4 in June but was below the 100.3 reported a year earlier.Redbook US same-store sales jumped 8.3% from a year earlier in the week ended Aug. 8 after an 8.7% surge in the previous week.In corporate news, Apollo Global Management's (APO) Apollo Sports Capital has reached a $2.6 billion financing deal with Yankee Global Enterprises, the holding company of the New York Yankees, Apollo said Tuesday. As part of the deal, Apollo Sports Capital CEO Al Tylis will join YGE's board, the company said. Apollo shares jumped 6.1%.Nvidia (NVDA) said late Monday it partnered with six financial institutions to raise more than $500 billion in third-party capital for AI infrastructure. Nvidia signed memorandums of understanding with Apollo (APO), BlackRock (BLK), Blackstone (BX), Brookfield (BN), Goldman Sachs (GS) and KKR (KKR) to establish independent compute financing platforms, it said. BlackRock was up 1.4%, Blackstone added 3.8%, Brookfield rose 1.2%, Goldman was down 0.1%, and KKR climbed 7%.Blue Owl Capital (OWL) is selling $750 million of high-grade debt, $250 million more than initially discussed, after receiving a sizable amount of investor orders, Bloomberg reported. Blue Owl shares rose 5.2%.Intercontinental Exchange (ICE) has started a US investment-grade bond sale in as many as five parts two weeks after announcing a $6 billion deal to acquire MarketAxess Holdings (MKTX), Bloomberg reported. Intercontinental Exchange shares increased 0.5%.

$APO$BLK$BN$BX$GS$ICE$KKR$OWL

US Markets33d ago

Update: Equities Fall, Oil Advances as Hope Dims for Hormuz Reopening

(Updates with latest market prices and developments.)US benchmark equity indexes fell intraday and oil prices extended their rally amid growing uncertainty around the reopening of the Strait of Hormuz.The Nasdaq Composite was down 0.6% at 26,436.2 after midday Tuesday, while the S&P 500 lost 0.3% to 7,727.5. The Dow Jones Industrial Average slipped 0.2% to 53,871.7. Among sectors, communication services saw the steepest decline, while energy paced the gainers.Secretary of Iran's Supreme National Security Council Mohsen Rezaei said Tuesday that the Strait of Hormuz will remain closed as long as the US does not accept Tehran's conditions, Reuters reported.Previously, Pakistan's Defense Minister Khawaja Asif told Bloomberg that the US and Iran were close to "some sort of an arrangement."Iran has reportedly laid out new terms for reopening the Strait of Hormuz, including a permanent end to the war against Tehran and its allies, as well as demanding full compensation for war damages. In response, US President Donald Trump on Monday demanded compensation for those he claimed were killed and wounded by Iran's attacks.Trump recently indicated to the media that he's prepared to exert greater economic pressure on Iran instead of launching another military attack."Uncertainty over a US-Iran deal to end the war and reopen the Strait of Hormuz has grown after Trump demanded compensation for victims of Iranian-backed conflicts, responding to Tehran's reparations demands," Saxo Bank said Tuesday in a report. "The tougher stance lowers chances of a near-term agreement and keeps markets wary, as Iran ties any Hormuz deal with Oman to a broader accord with the US and Trump opts for economic pressure over new strikes."West Texas Intermediate crude oil was up 1.2% at $83.14 a barrel intraday, while Brent advanced 1.1% to $88.68. The US crude oil benchmark was on track for its fourth consecutive day of gains, while Brent is poised to stretch its rally to a fifth session.US Treasury yields were lower intraday, with the two-year rate down 1.5 basis points at 4.22% and the 10-year rate shedding 1.6 basis points to 4.68%.In company news, Nvidia (NVDA) said it partnered with six major financial institutions to raise more than $500 billion in third-party capital for artificial intelligence infrastructure.The tech bellwether signed memorandums of understanding with Apollo (APO), BlackRock (BLK), Blackstone (BX), Brookfield (BN), Goldman Sachs (GS) and KKR (KKR) to establish independent compute financing platforms, it said late Monday.KKR shares jumped 6.7%, the best performer on the S&P 500. Apollo advanced 6.4%, the second-biggest gain on the index. Blackstone rose 4.3%, while BlackRock, Brookfield and Goldman were also higher. Nvidia was up 0.1%.AppLovin (APP) slumped 5.3%, the worst performer on the S&P 500, following a rating downgrade from BofA Securities.Sea (SE) reported stronger-than-expected second-quarter revenue as the Singapore-based company logged sharp annual gains in its e-commerce platform and the digital financial services business. Its shares jumped 14% intraday.Lumentum (LITE), CoreWeave (CRWV) and Super Micro Computer (SMCI) are scheduled to release their earnings reports after the markets close on Tuesday.In economic news, existing home sales in the US declined more than expected last month as rising prices and mortgage rates continued to weigh on homebuying activity, data from the National Association of Realtors showed.Spot gold edged down 0.4% to $4,372.79 per troy ounce, while silver dropped 0.5% to $64.97.

Dow JonesNasdaq CompositeS&P 500$APO$APP$BLK$BN$BX$CRWV$GS$KKR$LITE$NVDA$SE$SMCI

US Markets34d ago

Nvidia Partners With Major Financial Firms to Raise Over $500 Billion for AI Infrastructure

Nvidia (NVDA) shares rose early Tuesday after the chipmaker said it partnered with six major financial institutions to raise more than $500 billion in third-party capital for the development of artificial intelligence infrastructure.The tech bellwether signed memorandums of understanding with Apollo (APO), BlackRock (BLK), Blackstone (BX), Brookfield (BN), Goldman Sachs (GS) and KKR (KKR) to establish independent compute financing platforms, it said late Monday.Nvidia's stock increased 1.2% in the most recent premarket activity.Nvidia said it intends to work with the six companies to create dedicated pools of capital at "significant scale" to finance the buildout of AI infrastructure across its frontier AI labs, enterprises and AI clouds. The financing platforms will help turn compute and full-stack AI infrastructure into an investable asset class and support long-duration, usage-linked revenue, the chipmaker added.The financial terms of the partnerships, which are subject to final agreements, weren't disclosed."We are bringing the world's leading long-term capital providers together to independently underwrite AI infrastructure," Nvidia Chief Executive Jensen Huang said in a statement. "These financing platforms will help customers access scarce compute at scale and build the DSX AI factories that will power every industry and country in the age of AI."Nvidia said demand for AI infrastructure is accelerating as governments and businesses ramp up investment in AI."Modern compute has emerged as a scarce, mission-critical asset class with compelling investment characteristics that is positioned to drive significant long-term economic growth and productivity gains," Apollo President Jim Zelter said.Last month, Nvidia agreed to expand its partnership with South Korean conglomerate SK Group with a more than $500 billion AI infrastructure initiative.Technology giants are raising capital to support AI buildouts. Intel (INTC) on Monday said it plans to raise $15 billion from a common stock offering to support capital expenditures as demand for artificial intelligence computing remains strong. The chipmaker on Tuesday upsized the offering to $20 billion.In an emailed client note on Monday, BofA Securities said it expects Nvidia to deliver a fiscal second-quarter revenue beat and issue upbeat guidance amid Vera Rubin shipments and "solid" cloud capital expenditure trends. The company is scheduled to release its latest financial results later this month.

$APO$BLK$BN$BX$GS$KKR$NVDA

Wire34d ago

Market Chatter: Nvidia Partners With Wall Street Giants on $500 Billion AI Infrastructure Funding Package

Nvidia (NVDA) is working with some of the world's largest financial firms to build a $500 billion funding package for AI infrastructure development, the Financial Times reported Monday, citing five people briefed on the talks.Apollo Global Management (APO), Blackstone (BX), BlackRock's (BLK) Global Infrastructure Partners, Brookfield Asset Management (BAM), Goldman Sachs (GS) and KKR (KKR) are among the companies that have joined the consortium in partnership with Nvidia, the report said, citing the people.The deal could be announced as soon as Monday, the people reportedly told the FT.The companies didn't immediately reply to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $217.82, Change: $-6.15, Percent Change: -2.74%

$APO$BAM$BLK$BX$GS$KKR$NVDA

Wire34d ago

Nvidia Partners With Wall Street Giants to Build $500 Billion AI Infrastructure Funding Package, FT Reports

$APO$BAM$BLK$GS$KKR$NVDA

Wire34d ago

Update: Intel Offers $15 Billion of Common Stock; Shares Decline

(Updates to include Intel's stock movement in the headline and first paragraph.)Intel (INTC) shares were down more than 4% in Monday trading after the company said it is offering $15 billion of common stock in a public offering, the proceeds of which will go toward general corporate purposes, including capital expenditures and working capital.The company said it expects to grant underwriters a 30-day option to purchase up to an additional $2.25 billion of common stock at the public offering price.J.P. Morgan (JPM), Goldman Sachs (GS), Morgan Stanley (MS) and Citigroup (C) are acting as joint book-running managers.Price: $97.10, Change: $-4.55, Percent Change: -4.48%

$C$GS$INTC$JPM$MS

Sectors45d ago

Sector Update: Financial Stocks Advance Late Afternoon

Financial stocks were higher in late Thursday afternoon trading, with the NYSE Financial Index rising 1.1% and the State Street Financial Select Sector SPDR ETF (XLF) up 0.5%.The Philadelphia Housing Index was falling 1.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was shedding 1.5%.Bitcoin (BTC-USD) was increasing 1.3% to $64,746, and the yield for 10-year US Treasuries rose 4.1 basis points to 4.663%.In economic news, the US personal consumption expenditure price index fell 0.1% month over month in June, marking the first decline since April 2020, the Bureau of Economic Analysis reported Thursday. That helped cut the year-over-year rate to 3.7% from 4.1%.US real gross domestic product increased at a 1.5% annualized rate in the quarter ended June, according to an advance government estimate released Thursday. The consensus was for 2% growth in a survey compiled by Bloomberg.In corporate news, Intercontinental Exchange (ICE) agreed to buy electronic trading platform MarketAxess (MKTX) for about $6 billion, creating a powerhouse that aims to serve "every segment of the fixed income market." Intercontinental shares rose 1.2%, and MarketAxess surged 29%.Goldman Sachs (GS) Asset Management has launched AlphaAI, an AI investing platform to drive returns in public and private market businesses, Reuters reported. Goldman shares climbed 4.9%.A Morgan Stanley-led (MS) group of banks is in talks to lend $15 billion to a data-center developer to build a campus and power plant for Anthropic in Texas, The Wall Street Journal reported. Morgan Stanley shares rose 3.8%.Mastercard (MA) reported better-than-expected Q2 results on Thursday, buoyed by double-digit growth in cross-border volume and healthy spending. Its shares rose 2.6%.Blue Owl Capital's (OWL) data center firm Stack Infrastructure is seeking a syndicated loan of 8.5 billion Australian dollars ($5.9 billion) to back its third data center project in Melbourne, Bloomberg reported. Blue Owl shares rose 6.2%.

$GS$ICE$MA$MKTX$MS$OWL

Sectors45d ago

Sector Update: Financial

$GS

Wire45d ago

Market Chatter: Goldman Sachs Asset Management Launches AlphaAI Platform

Goldman Sachs (GS) Asset Management has launched AlphaAI, an artificial intelligence investing platform to drive returns across its public and private market businesses, Reuters reported Thursday, citing an internal memo.Lou D'Ambrosio will lead AlphaAI as chairman of Artificial Intelligence for Asset Management, while Darius Adamczyk will assume global leadership of the Value Accelerator business, the memo said.Goldman Sachs did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $1024.52, Change: $+43.77, Percent Change: +4.46%

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US Markets48d ago

Most US Banks Beat Earnings Forecasts Amid Favorable Revenue Trends, Raymond James Says

Most reporting banks in the US have beaten earnings forecasts for the second quarter, driven by favorable revenue trends, Raymond James said in a report Monday.Some 66% of the 430 publicly traded banks have topped earnings-per-share estimates, said Raymond James' analysts, who used Friday as the cutoff date for their analysis. The banking industry reported a 74% beat rate in the first quarter and 77% in the year-ago period.Median revenue grew 3.9% quarter over quarter, up from 0.6% growth in the prior quarter but down from 4.9% a year earlier. Net interest income and fee revenue growth accelerated sequentially, but slowed year on year, according to the note."While elevated macro uncertainty continues to linger, asset quality remains broadly favorable," Raymond James said.Earlier in the month, big banks JPMorgan Chase (JPM), Bank of America (BAC), Goldman Sachs (GS), Citigroup (C), Wells Fargo (WFC) and Morgan Stanley (MS) beat second-quarter expectations, driven by investment banking and trading gains."With most 2026 outlooks largely reiterated and core fundamental drivers intact, consensus estimates continue to possess an upward bias, with a net 38% of 2026 estimates raised and a net 19% of 2027 estimates raised," Raymond James' analysts wrote.S&P 500 companies' second-quarter earnings growth reached 70%, driven by the information technology sector, where profits nearly tripled year on year, Oppenheimer Asset Management said Monday. The financials industry has seen earnings rise by 31% and revenue grow 17% annually.

$BAC$C$GS$JPM$MS$WFC

Sectors54d ago

Sector Update: Financial Stocks Advance Late Afternoon

Financial stocks were higher in late Tuesday afternoon trading, with the NYSE Financial Index rising 0.5% and the State Street Financial Select Sector SPDR ETF (XLF) up 0.1%.The Philadelphia Housing Index was down 0.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) eased 0.2%.Bitcoin (BTC-USD) was adding 1.6% to $66,270, and the yield for 10-year US Treasuries rose 3 basis points to 4.628%.In economic news, Redbook US same-store sales rose 7.8% from a year earlier in the week ended July 18 after an 8.2% year-over-year increase in the previous week.The Philadelphia Federal Reserve Bank's monthly nonmanufacturing activity index rose to 7.4 in July from minus 25.8 in the previous month, indicating expansion in the sector.In corporate news, Goldman Sachs (GS) has launched a new platform to expand its offerings for wealthy clients and family offices seeking direct stakes in fast-growing private companies, CNBC reported, citing a memo. The new group, called the alternative investments platform, combines Goldman's alternatives business with two new teams, the report said. Goldman shares were up 2.5%.JPMorgan Chase (JPM) and Jefferies Financial (JEF) were among four banks chosen by InMobi to raise about $1 billion as part of an IPO process due to begin later this week, Bloomberg reported. JPMorgan shares rose 1.6%, and Jefferies added 2.6%.Marsh & McLennan (MRSH) shares were up 0.2% after the firm reported higher Q2 adjusted net income and revenue.MSCI (MSCI) shares fell past 10% after it reported Q2 adjusted EPS of $4.94, up from $4.17 a year earlier, but below the FactSet consensus of $4.99.

$GS$JEF$JPM$MRSH$MSCI

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