Page 17 - Goldman Sachs
Sharp rate hike bets keep Wall Street subdued, Goldman Sachs lifts Dow
US economy contracted in Q1 amid record trade deficit; BofA upgrades Goldman Sachs, shares rise; General Mills rises as sales beat on higher prices; Bed Bath & Beyond replaces CEO, shares tumble
 "Sharp rate hike bets keep Wall Street subdued, Goldman Sachs lifts Dow")
Commodities face recession test even as Goldman Sachs stays bullish
Across markets, there's growing talk that high prices for raw materials will be cured only by recessions in the second half
 "Commodities face recession test even as Goldman Sachs stays bullish")
Wall Street sheds opening gains on losses in high-growth stocks
S&P 500 energy stocks among few gainers; Robinhood rises on Goldman Sachs upgrade
 "Wall Street sheds opening gains on losses in high-growth stocks")
Risk of US recession now higher and more front-loaded, warns Goldman
The Goldman economists now see a 30% probability of entering a recession over the next year, compared to 15% previously, and a 25% conditional probability of entering a recession in the second year
 "Risk of US recession now higher and more front-loaded, warns Goldman")
AlphaSense looks to increase India presence, raises $225 mn in funding
The firm said its annual recurring revenue (ARR) now exceeds $100 million
 "AlphaSense looks to increase India presence, raises $225 mn in funding")
Investors become increasingly sceptical of ESG amid Goldman investigation
Retail investors are slowly starting to look under the hood of the $40 trillion environmental, social and governance industry that's increasingly steering their savings
 "Investors become increasingly sceptical of ESG amid Goldman investigation")
Apple will handle lending itself with the 'buy now, pay later' service
Launches 'Buy Now Pay Later' scheme, sets up a wholly owned subsidiary to extend loans for the service
 "Apple will handle lending itself with the 'buy now, pay later' service")
Tesla's job cut may save up to $1 bn yearly operational costs: Report
Recently, Musk had noted that his electric vehicle company would be reducing its salaried headcount by 10 per cent as the company has become overstaffed in some areas.
 "Tesla's job cut may save up to $1 bn yearly operational costs: Report")
Fundamentals for oil weaken, witness 1st surplus since June 2020: Goldman
Modest declines in the Russian exports, record large sales by Strategic Petroleum Reserve and severe Chinese lockdowns brought the oil market to its first surplus since June 2020, said Goldman Sachs
 "Fundamentals for oil weaken, witness 1st surplus since June 2020: Goldman")
Goldman's Lloyd Blankfein urges 'dial back' on negativity over economy
Lloyd Blankfein's comments came the same day that Elon Musk said Tesla Inc. will cut its salaried workforce by 10%.
 "Goldman's Lloyd Blankfein urges 'dial back' on negativity over economy")
MoEngage raises $77 mn in round led by Goldman Sachs Asset Mgt, B Capital
This is Goldman Sachs Asset Management's first investment in an Indian SaaS company
 "MoEngage raises $77 mn in round led by Goldman Sachs Asset Mgt, B Capital")
MoEngage raises $77 mn in round led by Goldman Sachs Asset Mgt, B Capital
This is Goldman Sachs Asset Management's first investment in an Indian SaaS company
Metro Cash & Carry may offer control to investor to fund expansion
Intends to raise $300-400 million as German parent unwilling to infuse fresh funds
 "Metro Cash & Carry may offer control to investor to fund expansion")
All the world's a stage for unicorns
In 2021, when the buzz is around start-ups going for IPOs and celebration of Indian entrepreneurship, it's also time to acknowledge the role of global players in the journey to stardom
US at 'very, very high risk' of recession, says Goldman Sachs' Blankfein
Goldman Sachs Senior Chairman Lloyd Blankfein urged companies and consumers to gird for a US recession
 "US at 'very, very high risk' of recession, says Goldman Sachs' Blankfein")
Goldman Sachs allows workaholic senior staff to take unlimited vacation
Junior employees will be given at least two extra days off each year under the new policy introduced at the start of the month.
Delhivery raises Rs 2,346 cr from anchor investors as IPO opens today
Delhivery's IPO size is Rs 5,235 crore, the second-biggest after LIC this year
 "Delhivery raises Rs 2,346 cr from anchor investors as IPO opens today")
'10,000 trees': Goldman Sachs' scheme to help restore Bengaluru green cover
Initiative entails a pledge to plant one tree in and around Bengaluru for every Goldman employee in India by 2025
 "'10,000 trees': Goldman Sachs' scheme to help restore Bengaluru green cover")
Markets not fully pricing in possibility of higher inflation: Analysts
India's March wholesale price index-based inflation (WPI) surged to 14.55 per cent on rising edible oil prices and increase in power prices. WPI inflation in February stood at 13.11 per cent.
 "Markets not fully pricing in possibility of higher inflation: Analysts")
Profits of four big banks decline as deal-making, mortgages slacken
The results from Citigroup, Goldman Sachs, Morgan Stanley and Wells Fargo were similar to the results out of JPMorgan Chase, which on Wednesday reported a double-digit decline in profits
 "Profits of four big banks decline as deal-making, mortgages slacken")