President Donald Trump escalated his Federal Reserve confrontation Friday, threatening to fire Governor Lisa Cook while mocking Chair Jerome Powell as “Too Late” in a Truth Social post that divided Fed board members into opposing camps.
Shares of global investment bank Goldman Sachs (NYSE:GS) jumped 3.6% in the afternoon session after the broader market rallied as Federal Reserve Chair Jerome Powell signaled a potential interest rate cut.
The U.S. labor market has shown unexpected signs of fragility in early August 2025, with a surprisingly weak job growth report for July and significant downward revisions to previous months' data. This sudden deceleration in job creation has sent ripples through financial markets and intensified speculation about the Federal
A big-time new price target and mention within a $100 billion announcement from a Magnificent Seven peer has Broadcom back in the news. Check out the details.
Wall Street is currently grappling with a pervasive "risk-off" sentiment, a mood characterized by a cautious retreat from higher-risk assets. This prevailing sentiment is particularly evident in the tech sector, which has experienced a significant sell-off, yet it presents a puzzling disconnect with the broader stock market's surprising resilience. Meanwhile,
Wall Street concluded August 20, 2025, with a decidedly mixed performance, reflecting a cautious investor sentiment ahead of key economic indicators and anticipated remarks from Federal Reserve Chair Jerome Powell. While the technology-heavy Nasdaq Composite and the broader S&P 500 experienced declines, the Dow Jones Industrial Average managed to
The U.S. economy is currently navigating a complex landscape marked by persistent inflationary pressures and a sweeping overhaul of trade policy, both of which are casting a long shadow over the stock market. These macroeconomic factors are not only influencing corporate profitability and consumer spending but also dictating the
Goldman Sachs (NYSE:GS) expects the global stablecoin market to expand into the trillions of dollars in the coming years, a forecast that underscores Treasury Secretary Scott Bessent's efforts to position the sector as a major buyer of US
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Goldman Sachs (NYSE:GS) and the rest of the investment banking & brokerage stocks fared in Q2.
In the face of a potential Federal Reserve rate cut in September, a strategist from Goldman Sachs has cast doubt on the likelihood of a resulting stock market surge.
The company joins a growing list of crypto firms tapping public markets recently, encouraged by the market momentum and supportive policies under the Trump administration.
Shares of digital storytelling platform WEBTOON (NASDAQ:WBTN) jumped 5.6% in the morning session after the stock continued to rally following the previous week's blockbuster announcements of a partnership with Disney and a strong second-quarter earnings beat. The positive momentum is a continuation of last week’s major developments when the stock soared after the company announced a multi-year partnership with Disney. This deal will bring iconic comics from brands like Marvel, Star Wars, and 20th Century Studios to WEBTOON's vertical-scroll format. In addition to the landmark partnership, the company reported strong second-quarter results that surpassed analyst expectations, posting an adjusted profit of $0.07 per share on revenue of $348.3 million. Following the news, analysts reacted positively, with firms like Evercore ISI and Goldman Sachs raising their price targets on the stock.
Shares of government engineering solutions provider Amentum Holdings (NYSE:AMTM) jumped 3% in the morning session after its subsidiary, Jacobs Technology Inc., was awarded a contract by the United States Space Force with a ceiling value of $4 billion. The 10-year contract, awarded to its wholly-owned subsidiary Jacobs Technology Inc., will support the U.S. Space Force's mission to modernize its Launch and Test Range System. Under the agreement, Amentum is expected to provide a comprehensive range of services, including systems engineering, cybersecurity, integration, logistics, and program management. This significant award reinforces the company's role in supporting the nation's space objectives, aiming to enable efficient, high-capacity spaceports and deliver engineering solutions to protect national security.
Founded in 2014, Klook lets users book tours, activities, attractions, and local services worldwide and competes with platforms such as TripAdvisor and Airbnb.
