Goldman Sachs, trade war
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Another three megabanks are due to report second-quarter earnings on Wednesday, shedding light on the health of dealmaking, sales and trading, and consumer activity. Bank of America, Morgan Stanley, and Goldman Sachs—the second-,
The Goldman Sachs Group, Inc. (NYSE:GS) is one of the stocks that Jim Cramer shared insights on. Cramer mentioned that he likes the stock, and the Charitable Trust owns it, as he commented: “Wednesday,
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Cryptopolitan on MSNGoldman Sachs, BofA, and Morgan Stanley break multiple records with Q2 earningsGoldman Sachs, Bank of America, and Morgan Stanley just dropped their Q2 earnings numbers, and let’s be honest, Wall Street analysts got smoked. All three
Morgan Stanley reported Q2 EPS of $2.13, topping estimates, but shares fell as investment banking lagged and expectations ran high.
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ViacomCBS investors are seeking final court approval for a $120M settlement with Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS) and Wells Fargo (NYSE:WFC), accusing the Wall Street banks of failing to disclose conflicts of interest to Archegos Capital Management and a 2021 Viacom stock sale.
Morgan Stanley , Goldman Sachs and Wells Fargo will pay a total of $120 million to settle a lawsuit claiming they hid conflicts of interest while sales of ViacomCBS shares helped fuel the collapse of Bill Hwang's Archegos Capital Management.
Morgan Stanley is predicting further euro appreciation, which should also give gold a meaningful boost, given their strong correlation.
Goldman Sachs, Morgan Stanley, and Bank of America posted strong Q2 earnings, driven by robust trading and selective dealmaking. Despite tariff uncertainty, Wall Street remains buoyed by big bank performance.