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May 13, 2024
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we decided he should come home to goldman sachs. we are thrilled he is spending time with our clients, has deep client relationships. he has always been a leader, mentor to people he believes in deeply. another senior leader who can spend time with all of us in the culture of goldman sachs. we have 4000 people in dallas, texas now. it puts another senior leader in dallas, which is important for us. and he certainly has a view on the macro. having rob coordinate with our research team, available to talk to our clients about what we see going on in the macro, is in an area we can contribute. we are thrilled to have rob back as a senior statesman in the firm. jonathan: when i dial goldman for the fed call, do i dial jan hatsius or rob? david: i would be happy to give you opinions on that also, as with 40 others. the range of opinions, we have a range of opinions, but it is one of debate. i feel so lucky, there are so many smart partners at goldman sachs out in the world talking to people. as you do that, you learn. you bring perspectiv
we decided he should come home to goldman sachs. we are thrilled he is spending time with our clients, has deep client relationships. he has always been a leader, mentor to people he believes in deeply. another senior leader who can spend time with all of us in the culture of goldman sachs. we have 4000 people in dallas, texas now. it puts another senior leader in dallas, which is important for us. and he certainly has a view on the macro. having rob coordinate with our research team, available...
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of their money this is simply a client directed fund except it's run by goldman sachs and goldman sachs employees basically do the day-to-day operation to keep it up but that's exactly right the individual likely directed the $12 million donation to the people's forum in 2019 and the 12 million-dollar donation was the largest single donation that the goldman sachs philanthropy fund gave that year. goldman sachs gets really upset when you mentioned this because they pretend they had no choice and if any client wants to donate money to any group they are happy to oblige, i personally find that rise ebola. maria: you also reported that sing us an american businessman who lives in china and he reportedly helps finance the chinese communist party propaganda worldwide, tell me about the ccp connection here. >> absolutely neville sing him as a wealthy individual who moved to china and he calls themselves a maoist, his wife, if your viewers are familiar with code pink which is far left anti-war organization that defends china so the new york times has covered this individual and others have cov
of their money this is simply a client directed fund except it's run by goldman sachs and goldman sachs employees basically do the day-to-day operation to keep it up but that's exactly right the individual likely directed the $12 million donation to the people's forum in 2019 and the 12 million-dollar donation was the largest single donation that the goldman sachs philanthropy fund gave that year. goldman sachs gets really upset when you mentioned this because they pretend they had no choice...
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May 20, 2024
05/24
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. >> you don't think goldman sachs' capital markets >> i recommend goldman sachs it's done well citigroup is still trading at a 30% discount to tangible book value. this is my fourth decade doing this used to be you would go to tangible book value te depths of a recession. they're at a 30% discount and we're not in a recession. >> because they had to do a restructuring for the most part, as jane fraser came in and made that her thing. >> and they just finished a watershed seven-month simplification during which many said citi would blow up and lose revenues and people and guess what they exceeded expectations in the first quarter as much as any bank and they're on track to have the best 2024 guide for revenues and expenses of any bank in over three years we expect earnings to double, only one other bank can get above 50%, goldman sachs citigroup is far and out our number one pick. >> moynihan sitting somewhere -- mayo, what about us? what about me? >> number two. >> you said one, two, three was citi citi citi and -- >> number four then. citigroup is in a league by itself in terms of funda
. >> you don't think goldman sachs' capital markets >> i recommend goldman sachs it's done well citigroup is still trading at a 30% discount to tangible book value. this is my fourth decade doing this used to be you would go to tangible book value te depths of a recession. they're at a 30% discount and we're not in a recession. >> because they had to do a restructuring for the most part, as jane fraser came in and made that her thing. >> and they just finished a...
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May 16, 2024
05/24
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goldman sachs and j.p. morgan, they are best in breed. goldman sachs has repositioned themselves. executive management has done a phenomenal job in shedding the businesses that are not working under focused on the businesses that are. it is the capital markets, the advisory business and the investment made in technology the last several years. it is coming to fruition. >> that was a lot. 23% is a lot. a lot of exposure. it is especially leveraged to the space given your strategy. you have to wait things out to see how things move. the space over the last month as a group is up 7%. it will really continue. you call it the sweet spot. >> i think it is. look at the activity in the insurance industry. whether it is progressive, hartford, jabba. we have recommended it on halftime report. my final trade multiple times. >> the secret is revealed. >> they are watching the halftime report. >> they are listening to somebody, because that was their secret, the position they had been building. >> we know that is where the pressure is. private equity is there as well and we have ownership of a
goldman sachs and j.p. morgan, they are best in breed. goldman sachs has repositioned themselves. executive management has done a phenomenal job in shedding the businesses that are not working under focused on the businesses that are. it is the capital markets, the advisory business and the investment made in technology the last several years. it is coming to fruition. >> that was a lot. 23% is a lot. a lot of exposure. it is especially leveraged to the space given your strategy. you have...
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May 6, 2024
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good to see you. >> david solomon, ceo of goldman sachs. still ahead here, exxonmobil ceo, since they oscled that deal to buy pioneer. don't go anywhere. in minutes! -how? -a.i. (impressed) ay i like it! who wants to come see the future?! get your business online in minutes with godaddy airo . >>> we are back here in los angeles. exxon mobile completed its deal to acquire pioneer resources last week more than doubling its footprint in the premium basin. darren woods good to see you. >> good to see you. >> first time you've had chance to talk with us since the deal was completed. you had to do a deal with the ftc,sheffield is not on the board, but what happens now in terms of the things you've discussed and actually happens on the ground, particularly in the permian? >> now we get busy creating the value that was the premise for the deal. we've spent the last six months working with the clean team with pioneer thinking about integration plans loushgs we bring these two organizations together. i tell you today, david, i'm more confident than
good to see you. >> david solomon, ceo of goldman sachs. still ahead here, exxonmobil ceo, since they oscled that deal to buy pioneer. don't go anywhere. in minutes! -how? -a.i. (impressed) ay i like it! who wants to come see the future?! get your business online in minutes with godaddy airo . >>> we are back here in los angeles. exxon mobile completed its deal to acquire pioneer resources last week more than doubling its footprint in the premium basin. darren woods good to see...
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May 14, 2024
05/24
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there is more coming up including conversations with the french president and the ceo of goldman sachs. stay with us. this is bloomberg. ♪ tom: welcome back to bloomberg daybreak: europe. making the news this tuesday, melinda french gates is resigning from her role as cochair of the bill and melinda gates foundation. in a post on x, she announced she is ready to move to the next chapter of her philanthropy work. she will depart with an additional $2.5 billion she has pledged to commit to her work on behalf of women and families. anglo american rejected a second takeover approach from a rival minor, bhp. they valued anglo at $43 billion. bhp is seeking to buy anglo for south american copper assets. bloomberg learned four parties in talks to form the next dutch government planned to cancel a 15% tax on share buybacks. the netherlands introduced the tax last year on share buybacks which is scheduled to come into effect in 2025, and it signaled -- trigger day cellophane shares when it was approved by the dutch parliament. a former ubs risk manager has slammed archegos capital management
there is more coming up including conversations with the french president and the ceo of goldman sachs. stay with us. this is bloomberg. ♪ tom: welcome back to bloomberg daybreak: europe. making the news this tuesday, melinda french gates is resigning from her role as cochair of the bill and melinda gates foundation. in a post on x, she announced she is ready to move to the next chapter of her philanthropy work. she will depart with an additional $2.5 billion she has pledged to commit to her...
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May 23, 2024
05/24
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let's move over to morgan stanley's biggest rival witches goldman sachs setting up a regional base in saudi arabia. what we know about that firm's plans in that region? sally: goldman sachs is the first wall street bank to get a license for its regional hq in riyadh in saudi arabia. it comes at an interesting time for saudi arabia and riyadh which is a conservative city. alcohol is banned there. it is trying to emerge as a financial hub. while we don't know how many staffers it plans to locate, we know as per new regulations in saudi arabia introduced in 2021, it has to have something of a substantial base with at least 15 employers. those regulations were designed at limiting what has been termed economic leakage or preventing too much state spending and state-funded going to businesses that don't have a substantial presence. scarlet: always fascinating to see how the bank is strategizing its expansion. the third story i want to get your take on is jpmorgan chase looking to make a purchase. this is to bolster its private credit business to private securities overall. why is jp morgan
let's move over to morgan stanley's biggest rival witches goldman sachs setting up a regional base in saudi arabia. what we know about that firm's plans in that region? sally: goldman sachs is the first wall street bank to get a license for its regional hq in riyadh in saudi arabia. it comes at an interesting time for saudi arabia and riyadh which is a conservative city. alcohol is banned there. it is trying to emerge as a financial hub. while we don't know how many staffers it plans to locate,...
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May 13, 2024
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the goldman sachs ceo also sitting down with us at 3:30 p.m. u.k. time. don't go away yet. "markets today" is next. this is bloomberg. ♪ hi, i'm tali and i lost 85 pounds on golo. (upbeat music) i started golo because i was unhealthy due to my weight. the minute i started taking the golo release, i knew it was working. i was not hungry, and i did not have any cravings. since losing weight with golo, i'm healthier now than i've ever been, and my doctor is thrilled. golo is so much more than weight loss, it's gonna give you your life back. >> good morning from london, this is bloomberg markets. less than a half an hour away -- less than one ho
the goldman sachs ceo also sitting down with us at 3:30 p.m. u.k. time. don't go away yet. "markets today" is next. this is bloomberg. ♪ hi, i'm tali and i lost 85 pounds on golo. (upbeat music) i started golo because i was unhealthy due to my weight. the minute i started taking the golo release, i knew it was working. i was not hungry, and i did not have any cravings. since losing weight with golo, i'm healthier now than i've ever been, and my doctor is thrilled. golo is so much...
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May 31, 2024
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goldman sachs. block grant >>> welcome back tech stocks taking a hit today nvidia sliding more than 1%. nasdaq now on pace to snap its five-week win streak let's bring in tony pasquariello, head of hedge fund coverage at goldman sachs. got a real good eye on what the biggest money is thinking and doing. welcome back >> thank you, scott. >> you've been pretty much urging investors to remain fairly positive, if not bullish. >> affirmative >> month coming to an end. now what >> we should call it what it is which is a pretty tricky week that closes out an otherwise totally respectable month. so i don't want to dismiss this week because it's been messy and really messy in specific parts of the market. >> right >> i'd say point to point we're looking at s&p 500 up 4%, nasdaq up 5%. could the market do some work, i think it will for sure i think the big dynamics more broadly are still favorable. why do i say that? we think growth is fine. we think the u.s. growth call it 3% this quarter, this year that's a
goldman sachs. block grant >>> welcome back tech stocks taking a hit today nvidia sliding more than 1%. nasdaq now on pace to snap its five-week win streak let's bring in tony pasquariello, head of hedge fund coverage at goldman sachs. got a real good eye on what the biggest money is thinking and doing. welcome back >> thank you, scott. >> you've been pretty much urging investors to remain fairly positive, if not bullish. >> affirmative >> month coming to an...
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May 10, 2024
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joining me now is the chief china equity strategist at goldman sachs. great to have you on good morning from london >> good morning, frank thanks for having me >> we were talking about the out performance of the chinese indices with the s&p you actually believe chinese equities are under valued and have a big upside left to go i want to go with the blue sky case what is the blue sky case for the year with the chinese markets? do you see tech continuing this level of out performance >> yes, frank, over the past three months, china and china equities have been the best performing global market since the end of january looking ahead, even after the 24% recovery, the valuation levels remain quite attractive in our view. at the moment, our benchmark is trading on ten times forward earnings which is still about one division below the past five-year averages in looking ahead, the very positive and potentially powerful catalyst would be the corporate governance reform in china. a few weeks ago, the state council revealed the ones ce in decade measures. on our e
joining me now is the chief china equity strategist at goldman sachs. great to have you on good morning from london >> good morning, frank thanks for having me >> we were talking about the out performance of the chinese indices with the s&p you actually believe chinese equities are under valued and have a big upside left to go i want to go with the blue sky case what is the blue sky case for the year with the chinese markets? do you see tech continuing this level of out...
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May 13, 2024
05/24
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our guests today including sara naison-tarajano in goldman-sachs. in the meantime, take a look at the scorecard. we're still less than 1% away from those new all-time highs. may not get there today. we're led by apple and some of those higher beta growth names and we're watching alphabet shares closely today as openai refreshes its chatgpt chat bot, what it means for investors as well >>> in the broader markets, well, most s&p sectors seeing modest losses today. small caps are outperforming yields are down. so, what else is new the russell is up. we'll watch that over this final stretch. it does take us to our talk of the tape, whether the bull market is at serious risk or not. let's ask dan greenhaus, chief strategist for solis you see the barons over the weekend? "dow, 40,000, so close you can feel it. why you should fear it." and make a direct line to the cpi because that's coming up on wednesday. ppi is tomorrow. they say recent history points to reasons for pessimism at this rate, investors could be betting on rate hikes instead of cuts before
our guests today including sara naison-tarajano in goldman-sachs. in the meantime, take a look at the scorecard. we're still less than 1% away from those new all-time highs. may not get there today. we're led by apple and some of those higher beta growth names and we're watching alphabet shares closely today as openai refreshes its chatgpt chat bot, what it means for investors as well >>> in the broader markets, well, most s&p sectors seeing modest losses today. small caps are...
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May 7, 2024
05/24
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data dogs down a bunch you got that service now is in the news as well, reiterated at goldman sachs. these growthy names getting play today and what it means for the trade overall. >> in the case of palantir and data dog, you're talking about two companies that came into the quarter with very, very high expectations just in terms of the ownership we have in the joet etf with this palantir we purchased at $16 the end of january. data dog we purchased just at the end of april, so you know which one looks better than the other one. in the case of palantir, it's really you want to phone cuss on the growth in the commercial segment, a company that traditionally you think about the revenue growth coming from the exposure to government itself i think the problem with palantir, along with having high expectations, is the free cash flow generation declines significantly, down 50% here so you have to think about this stock similar to what you heard from meta. where they're telling you, listen, we're going out, but we're spending on artificial intelligence platform. we have to make that spend o
data dogs down a bunch you got that service now is in the news as well, reiterated at goldman sachs. these growthy names getting play today and what it means for the trade overall. >> in the case of palantir and data dog, you're talking about two companies that came into the quarter with very, very high expectations just in terms of the ownership we have in the joet etf with this palantir we purchased at $16 the end of january. data dog we purchased just at the end of april, so you know...
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May 7, 2024
05/24
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goldman sachs raising their target from 10,000 to 12,000 on the supply deficit. let's cross over to asia where avril hong is standing by with a gauge on the asian markets. how are the markets playing out today? >> they play out in a divergent fashion. if you look at japan and south korea, the nikkei playing catch up after a long weekend. in china, the equities are sliding, hang seng on track to snap a 10 second winning streak. that's the news flow on the real estate friend. top-tier city relaxing some of these homebuying restrictions. this is a mixed bag and asia stocks. flip the board because i want to take you down under where we see an interesting picture emerging. investors bracing for an hawkish iba. we will find out more from the governor later this hour. this is taking a leaf out of the fed's playbook last week. the take away shows we are likely to see a rate hike from the rba this year. australian stocks extending gains as of the bonds. the aussie sliding toward 66 u.s. sentences. flip the board again. i want to draw your attention to what was the dollar.
goldman sachs raising their target from 10,000 to 12,000 on the supply deficit. let's cross over to asia where avril hong is standing by with a gauge on the asian markets. how are the markets playing out today? >> they play out in a divergent fashion. if you look at japan and south korea, the nikkei playing catch up after a long weekend. in china, the equities are sliding, hang seng on track to snap a 10 second winning streak. that's the news flow on the real estate friend. top-tier city...
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May 1, 2024
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things are looking up for goldman sachs. this could be the kind of stock that works here rather than waiting for pullback on a small position here hopefully they could buy more shares on the way down but charts by fitzpatrick says they just got their group back. and they will have more room to run and it wouldn't surprise me if that wasn't exactly what it has. let's take some calls. let's go to reston in california. reston. >> bouillon jim . i've got a small little company on the west coast called paypal. into improving guidance, they have a background with the current leadership, is this stock a good play? >> i did work on this last night that i was apprised the stock finished down after being up by a couple but i'm with you. i think that this guy, alex, just fantastic. i was so impressed and that was eight points ago. i think you've got something with paypal because management has this inexpensive stock. it's right for a merger. i'm with you. >>> goldman sachs going higher in this would not surprise me. the numbers are ver
things are looking up for goldman sachs. this could be the kind of stock that works here rather than waiting for pullback on a small position here hopefully they could buy more shares on the way down but charts by fitzpatrick says they just got their group back. and they will have more room to run and it wouldn't surprise me if that wasn't exactly what it has. let's take some calls. let's go to reston in california. reston. >> bouillon jim . i've got a small little company on the west...
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May 22, 2024
05/24
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goldman sachs, the stock has been around new highs. the price target goes to 525 from 478 you want to give me something, goldman sachs, you recently added to it. >> i did and i think as it relates to goldman, and when we talk about underwriting and capital markets, i think that bottom last year, and guess what, even if that's more of a 2025 story, we all know that the narcmarket forward-looking mechanism. it's prudent to obviously make a move and get a position here it's been a core position. the stock is up 20% year to date 19% in the last three months i think there's continued momentum here, and i think it deserves an allocation in your portfolio. >> what about goldman, 5:25 price target >> i'm fine with that. i know the feeling toward financials is 23% sector exposure the entire sector is rerating higher it's an environment when you look at the potential for a steepening yield advisory fees to gain momentum you're seeing trading environment being strong look at interactive brokers, how well it is trading currently i think that valid
goldman sachs, the stock has been around new highs. the price target goes to 525 from 478 you want to give me something, goldman sachs, you recently added to it. >> i did and i think as it relates to goldman, and when we talk about underwriting and capital markets, i think that bottom last year, and guess what, even if that's more of a 2025 story, we all know that the narcmarket forward-looking mechanism. it's prudent to obviously make a move and get a position here it's been a core...
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May 31, 2024
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. >>> in the meantime, goldman sachs sees stronger protections with four key mega trends with a.i. boosting the sector. i'm pleased to say the chairman of infrastructure at goldman sachs alternatives joins me in the studio. good to have you in the studio. let's talk about the opportunities in infrastructure. where are they? >> it is worth stepping back and thinking about what is infrastructure. it is the physical backbone our societies need to function. think of transports, roads, ports, airports. you think of energy and utilities and all of the complex to transport and store energy. think of digital infrastructure from mobile phone towers to the data centers and social infrastructure. i think we see a conference of factors today that is extraordinary whereby there is an energy crisis or climate crisis where we are in a rush to reach net zero. we have an energy security crisis with the war in ukraine and we have to be more independent with sourcing our energy. then you have the revolution of data centers and artificial intelligence. that requires a lot of energy. just on the energy
. >>> in the meantime, goldman sachs sees stronger protections with four key mega trends with a.i. boosting the sector. i'm pleased to say the chairman of infrastructure at goldman sachs alternatives joins me in the studio. good to have you in the studio. let's talk about the opportunities in infrastructure. where are they? >> it is worth stepping back and thinking about what is infrastructure. it is the physical backbone our societies need to function. think of transports,...
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May 16, 2024
05/24
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two weeks ago he told us about goldman sachs and that thing has been on a roll. fitzpatrick says he likes what he's seeing from crowdstrike. the cybersecurity number run by george kurtz reported an excellent quarter at the beginning of march. then a couple weeks later they announced a big partnership with nvidia they're using ai to build automated cyber defenses for the enterprise of course by the time we got to mid march growth stocks had gone out of style. which is why wall street didn't care and the stock pulled back hard. even though nothing was wrong. before finally bottoming on april 19th. since then it's rebounded from 280 to 339. so what does fitz see here? what does he like? take a look at crowdstrike's weekly chart. when you take the long view on this one you can see this stock's been on a tear since its lows in january of 2003. i'm sorry. 23. wow. up more than 260%. you can't see exactly how big this is. this is a monster run here. it's had a phenomenal move. but consider the big picture for a second. all right? fitz thinks it's only just begun its nex
two weeks ago he told us about goldman sachs and that thing has been on a roll. fitzpatrick says he likes what he's seeing from crowdstrike. the cybersecurity number run by george kurtz reported an excellent quarter at the beginning of march. then a couple weeks later they announced a big partnership with nvidia they're using ai to build automated cyber defenses for the enterprise of course by the time we got to mid march growth stocks had gone out of style. which is why wall street didn't care...
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May 6, 2024
05/24
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why is goldman sachs funding anything, do they research what it is about? you are blowing joe biden up. this is your vietnam. bernie sanders says, this will be your vietnam. they want you to abandon israel and support hamas and palestinians, you did the worst thing possible. you halfway support israel and still supporting their move into gaza to respond to october 7. >> ainsley: the group said you need to play for this is new york common sence caucus. start with headlines, six squatters took over a home in georgia, had been arrested for stealing a car. democratic georgia candidate mel caden joined us on "fox and friends first" earlier. >> this is worst criminal activity i've seen in my life tomp steal the car and go next door with it. i got word this morning, 1:00 a.m., they came back and broke into the house again. >> ainsley: the suspects are out of jail. wild scene on the water, members of team usa came flying out of their boat, five of the six were sent overboard. and former president trump received a warm welcoming @ gr grandprix. the crowd cheered usa
why is goldman sachs funding anything, do they research what it is about? you are blowing joe biden up. this is your vietnam. bernie sanders says, this will be your vietnam. they want you to abandon israel and support hamas and palestinians, you did the worst thing possible. you halfway support israel and still supporting their move into gaza to respond to october 7. >> ainsley: the group said you need to play for this is new york common sence caucus. start with headlines, six squatters...
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May 3, 2024
05/24
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goldman sachs has gone in that direction. coming up, oil set for the biggest weekly drop since february. signs of easing geopolitical risks in the middle east. all the details across the oil space, next. this is bloomberg. ♪ tom: welcome back to bloomberg daybreak: europe. happy friday. earnings have missed estimates as a plunge in profits dragged on performance. unit had become a major profit engine in recent years for the australian firm. the contribution fell 47% on the prior year as energy shocks from wars in ukraine and the middle east subsided. gazprom group has posted its first annual loss since 1999, driven by falling shipments to europe and lower gas prices. the russian state-controlled gas giant reported a loss of 6.8 billion u.s. dollars. gas flows to europe have been restricted among the retaliation for western support of ukraine after russia's invasion in 2022. let's check in on the oil markets as well. a lot of factors to think about in the oil markets in the last few days in terms of inventories, stockpiles,
goldman sachs has gone in that direction. coming up, oil set for the biggest weekly drop since february. signs of easing geopolitical risks in the middle east. all the details across the oil space, next. this is bloomberg. ♪ tom: welcome back to bloomberg daybreak: europe. happy friday. earnings have missed estimates as a plunge in profits dragged on performance. unit had become a major profit engine in recent years for the australian firm. the contribution fell 47% on the prior year as...
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May 20, 2024
05/24
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a 3 trillion dollar asset under supervision over at goldman sachs. you had him come into first institutionalize grayscale and the bitcoin business. now you have an and more institutional asset manager coming in that as a breath of scale at a senior level at a large asset management scale. caroline: they are still the largest, but quite expensive in comparison to the others. sonali: it will be interesting as they launch products to see what customers flocked to at the end of the day. the bet was that even with attrition, the higher fee structure for the newer products would be worth it for them at the end of the day. because the asset days is just so large. since the etf's had launched for a significant amount of time, they had experienced net outflows. more recently, they achieved net inflows on some days since we had seen the etf first launch. caroline: this is about the institutionalization of dope. there is one key naysayer, with jamie dimon looking at various assets, we understand he's taken to the stage at his own tech conference happening in bo
a 3 trillion dollar asset under supervision over at goldman sachs. you had him come into first institutionalize grayscale and the bitcoin business. now you have an and more institutional asset manager coming in that as a breath of scale at a senior level at a large asset management scale. caroline: they are still the largest, but quite expensive in comparison to the others. sonali: it will be interesting as they launch products to see what customers flocked to at the end of the day. the bet was...
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May 15, 2024
05/24
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sonali: how is this changing how you do business in goldman sachs? goldman has been using ai a long time and has experimented a lot when it comes to emerging technologies. how do you see the genera -- difference now when it comes to generative ai and what you can do at goldman? george: we have a rich history of using technology, computation, and data science to create opportunities and advantage for clients. we have been using ai for many years. this new expression of the long journey of generative ai is unique because it has an ability to allow us to incorporate new data types, to reason around a data types. so, it i would divide it into two dimensions. one is the advice business. the ability for our best people to ask and answer questions that have been prohibitively difficult in the past. to come up with more ideas for clients, to test more hypotheses. it's remarkable. i think it will reduce the cycle time from idea to transaction. now, we are also in a business where there is a lot of operational intensity. a lot of the operational intensity in o
sonali: how is this changing how you do business in goldman sachs? goldman has been using ai a long time and has experimented a lot when it comes to emerging technologies. how do you see the genera -- difference now when it comes to generative ai and what you can do at goldman? george: we have a rich history of using technology, computation, and data science to create opportunities and advantage for clients. we have been using ai for many years. this new expression of the long journey of...
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May 20, 2024
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>> yeah. >> the numbers are amazing goldman sachs research, obesity treatment market could expand 16 times its current size, and $100 billion by 2030. that means a lot of companies are strcrambling to get into th business, and what is in the eft. it's actively managed, right >> yeah, it provides exposure to the companies making glp 1 drugs or have drugs in different trial phases you will see large overweights relative to what you would find in a traditional index, like names like eli lilly and nor vex. these are game-changing drugs, and the traditional means of getting into them, it doesn't do justice to the exposure needed >> i think it has been slow launching these considering they have been out for over a year. there are 20 companies in the eft, and i will not go through all of them, but 40% for two companies, and novo is up and lilly is up, and how much room is there we seem to be coming a little bit after the first crest? >> yeah, like when we saw the ai wave, and people said it's an ai bubble and it's over, and what is exciting is there's more companies coming, right? right now
>> yeah. >> the numbers are amazing goldman sachs research, obesity treatment market could expand 16 times its current size, and $100 billion by 2030. that means a lot of companies are strcrambling to get into th business, and what is in the eft. it's actively managed, right >> yeah, it provides exposure to the companies making glp 1 drugs or have drugs in different trial phases you will see large overweights relative to what you would find in a traditional index, like names...
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May 17, 2024
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american express, goldman sachs, caterpillar and microsoft. we're also looking at the other major averages with new highs as we
american express, goldman sachs, caterpillar and microsoft. we're also looking at the other major averages with new highs as we
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May 10, 2024
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goldman sachs has led major investment banks in posting higher profits in japan. income rose by a quarter last year to about $250 million as fixed income trading gains doubled, the figure marked the highest earnings in 14 years from goldman sachs. more ahead here on "daybreak: asia." this is bloomberg. ♪ haidi: belle, looking at the reporting bloomberg has done when it comes to the potential rollout on biden administration tariffs on china, to be clear, these are not across-the-board tariffs we have seen from the likes of the trump administration -- those will stay in place, they have been largely unchanged -- but these will be for a more targeted sector wise when it comes to that fairly tricky industries we have been talking about as being sources of chinese overcapacity, right, electric vehicles, batteries, solar panels. interestingly, we have also been looking at some of the other automakers, as well. we are seeing reaction in the yuan although i will say there are other elements building into potential weakness expected for the chinese currency, too. annabel
goldman sachs has led major investment banks in posting higher profits in japan. income rose by a quarter last year to about $250 million as fixed income trading gains doubled, the figure marked the highest earnings in 14 years from goldman sachs. more ahead here on "daybreak: asia." this is bloomberg. ♪ haidi: belle, looking at the reporting bloomberg has done when it comes to the potential rollout on biden administration tariffs on china, to be clear, these are not...
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May 23, 2024
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sachs. let's get it out of the way and talk about nvidia. it has been the dominant theme and driving force across much of the momentum trade. what do you read as the pass-through here in asia? timothy: thanks for having me on again. yes, nvidia, very strong numbers. number one, taiwan semiconductor and their adr last was up a couple percent. tsmc makes all nvidia's chips so there is an obvious readacross. that particular stock is the largest component of the msci itaewon index, about over 40% of the index. so that is part of the reason why taiwan is the number one performing market in asia this year, up 19%. it's a very clear readacross there, that is number one. number two, in addition to tech, hardware and communications services which has a lot of tech component in it, utilities are the second-best performing sector in asia this year. another way to play ai is in the power and energy component, the linkage being that the data servers require a tremendous amount of energy, so there is a sp
sachs. let's get it out of the way and talk about nvidia. it has been the dominant theme and driving force across much of the momentum trade. what do you read as the pass-through here in asia? timothy: thanks for having me on again. yes, nvidia, very strong numbers. number one, taiwan semiconductor and their adr last was up a couple percent. tsmc makes all nvidia's chips so there is an obvious readacross. that particular stock is the largest component of the msci itaewon index, about over 40%...
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May 10, 2024
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months we have seen is why you don't declare victory before you get confident >> we are hearing from goldman sachs' president and he is saying a soft landing is possible, but he is concerned about government spending. >> we are looking at a soft-landing scenario. that doesn't mean everything is perfect and lands on a nice, soft pillow. i think that is what we are seeing right now >> i was taken by comments you made at the conference in april about the debt and the demand for treasury auctions and leverage in the treasury system and looking at the uk trust budget as a cautionary tale. can you expand on that how much do you see rhyming in the u.s. >> what i was referring to is the stock of treasury in the marketplace which has grown consi considerably both parties are showing little discipline in the context of spending and fiscal stimulus fiscal stimulus was needed out of the pandemic, but we have gone too far we are the reserve currency , bu we should not abuse that privi privilege. it is risky. we have low unemployment and high fiscal spend. we need more stimulus and less running room you a
months we have seen is why you don't declare victory before you get confident >> we are hearing from goldman sachs' president and he is saying a soft landing is possible, but he is concerned about government spending. >> we are looking at a soft-landing scenario. that doesn't mean everything is perfect and lands on a nice, soft pillow. i think that is what we are seeing right now >> i was taken by comments you made at the conference in april about the debt and the demand for...
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May 3, 2024
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. >> strong earnings at goldman-sachs. he's got to be feeling decent about things. >> yes, definitely. by the way, magnificent seven is having a great day. well, at least, microsoft. >> sure is. >> well, actually, coin had some premarket gains, jim, but relatively flat now. the one i was thinking of was block with dorsey rolling out new plans for bitcoin. >> there's two elements to block last night. there's the dorsey rollout of -- which it talks about, so much about bitcoin, and by the way, they don't care for ethereum. but then there was just, you know, talking about the plain old business of the app. and it was really terrific. and i think the stock should go much higher. i thought that was a really, really good conference call and they're doing a lot of business. >> livenation, we haven't touched on with a nice beat. they don't think justice will pursue a break-up. concerts were a little light. >> i got to -- i'm not sure -- look, i think rapinoe is terrific. i think the game against the justice department here is a ba
. >> strong earnings at goldman-sachs. he's got to be feeling decent about things. >> yes, definitely. by the way, magnificent seven is having a great day. well, at least, microsoft. >> sure is. >> well, actually, coin had some premarket gains, jim, but relatively flat now. the one i was thinking of was block with dorsey rolling out new plans for bitcoin. >> there's two elements to block last night. there's the dorsey rollout of -- which it talks about, so much...
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May 21, 2024
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they are so good at collecting and analyzing consumer data, just tonight we learned that goldman sachs will start incorporating their insights into their equity research and investment banking, which you know i like so much. how does it all work? let's go straight to the source, rob pace, the founder and ceo of hundredx. mr. pace, welcome to mad money. >> hundredx, actually, you go all the way back to biblical times and see the illustration, if a farmer puts the right seed in the right soil, you can create a crop of hundredx. >> yes, i actually knew that. that's where it came from. i thought, no one is ever spiritual in business. you have an innovative way and that, i think it's really important. a lot of people are very cynical. you helped charities get information. >> we have given tens of millions of dollars away to charity. it's a unique model. we may be the only company out there. how do you get the normal consumer to give you the feedback on the brands they use, because there are paid survey takers, loud voices on social media? i know having been the head of the salvation army at
they are so good at collecting and analyzing consumer data, just tonight we learned that goldman sachs will start incorporating their insights into their equity research and investment banking, which you know i like so much. how does it all work? let's go straight to the source, rob pace, the founder and ceo of hundredx. mr. pace, welcome to mad money. >> hundredx, actually, you go all the way back to biblical times and see the illustration, if a farmer puts the right seed in the right...
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May 17, 2024
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jason snipe, goldman sachs has been trading at a record high, right. we talked a lot about it. you bought more . why? why continue to buy at these levels? >> i think what's happened for me, i think banking has clearly, if i look at last year, it bottomed. there's ongoing momentum. private equity, if i look at their private equity business, which no one talks about, is up eightfold over the last year. there's an upturn in underwriting. so even though it's up 21%, i still continue to see runway going forward. >> weiss, you own it, too. it's a big position. what do you think about add to go it here? jason's move brings up a good point, i think, for everybody watching. record highs for stocks. a lot of things are up and to the right over the last -- we showed you top of the show. go down sectors that look like the wall we did for various asset classes. still okay to buy into this move. that's the question, even for a goldman. >> i think it is because of the ipo cycle and the m&a cycle. private equity, they don't get paid until they deploy capital and they're not booking any revenue
jason snipe, goldman sachs has been trading at a record high, right. we talked a lot about it. you bought more . why? why continue to buy at these levels? >> i think what's happened for me, i think banking has clearly, if i look at last year, it bottomed. there's ongoing momentum. private equity, if i look at their private equity business, which no one talks about, is up eightfold over the last year. there's an upturn in underwriting. so even though it's up 21%, i still continue to see...
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May 20, 2024
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sachs will be taking over. feet yet has seen billions in outflows since the launch of the queen etf's. back to the fed, the higher for longer narrative, he had this to say this morning with michael mckee. >> the numbers the first part of the year really bumpy and suggest inflation will come down slower than i think many expected. rather than focus on numbers of cuts, the issue right now is when we are going to be certain inflation is on the path to 2%. i think it will take a while before we know for sure. >> what tells you that you might get one or no cuts this year? what do you see in the economy? >> we do a lot of talking to business leaders. they are all telling us things are slowing down very slowly coming off of high record profits and revenue. there will be continued momentum in the economy for that is going to take a while to play through. pricing power is weakening. they do know the expansion in large growth is not on the table. that says it is going to slow down. it will get there but it will only be e
sachs will be taking over. feet yet has seen billions in outflows since the launch of the queen etf's. back to the fed, the higher for longer narrative, he had this to say this morning with michael mckee. >> the numbers the first part of the year really bumpy and suggest inflation will come down slower than i think many expected. rather than focus on numbers of cuts, the issue right now is when we are going to be certain inflation is on the path to 2%. i think it will take a while before...
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May 28, 2024
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our buddy gary cohn, former goldman sachs, doing his own thing. john paulson. liz: big fund-raiser for trump. >> how do you say that. >> impresario. >> i should get that. i usually screw up french or latin. that's where we are. a couple things are interesting what i hear about trump. trump is telling people he is pretty astonished and encouraged how many people will work for his administration. you remember after january 6th, no one would touch this guy, he is radioactive. that is not the case. he is encouraged how big money donors are coming back in the fold. i reported in the "new york post" about two weeks ago, steve schwarzman was thinking of joining. really scared about the antisemitism. he is worried about that on campuses. he will do something big in terms of how to combat antisemitism. also in this piece i wrote he was thinking about getting back into the trump fold. as you know that happened late last week, he announced he is going to be supporting trump. so trump believes he is going to have money. the money might not of some people histant to give to
our buddy gary cohn, former goldman sachs, doing his own thing. john paulson. liz: big fund-raiser for trump. >> how do you say that. >> impresario. >> i should get that. i usually screw up french or latin. that's where we are. a couple things are interesting what i hear about trump. trump is telling people he is pretty astonished and encouraged how many people will work for his administration. you remember after january 6th, no one would touch this guy, he is radioactive....
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May 24, 2024
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. >> goldman sachs and american express hitting records of their own recently let's turn to the chart master for the technicals on the financials carter, what do you see? >> i would say the word stretch comes to mind. let's see if we can look at charts and try to figure it out together for what it's worth on the monday side both, stocks are trading below or higher than the 12 month price target. the street thinks collectively they're worth less than 12 months than now. you see here how far goldman is trading above its 150-day moving average since the october low and the long-term chart. this is important. goldman is up against an important internal trend line. it hit its head each time when it has rallied to this level my thinking if you're long, take some profits or sell some calls with new money i would rather be short than long. the setup for american express is identical look here tooz this is a steep uncorrected move in american express. far above its 150-day moving average. more than double the performance of the s&p since the october low, and it, too, on a longer term chart is
. >> goldman sachs and american express hitting records of their own recently let's turn to the chart master for the technicals on the financials carter, what do you see? >> i would say the word stretch comes to mind. let's see if we can look at charts and try to figure it out together for what it's worth on the monday side both, stocks are trading below or higher than the 12 month price target. the street thinks collectively they're worth less than 12 months than now. you see here...
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May 17, 2024
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. >> right, and we have walmart at all-time highs, goldman sachs trading highest levels since its ipo. maybe we don't need nvidia. especially as, to rebecca's point, all these other companies have said we're going to spend money on capex. that a.i. trade is there supported by that outlay. >> that's fair, and we have pr precedent for it, because apple on its horse now, few months prior with the market at all-time highs, the market was doing it without apple, not only without apple but apple trading lower. you're probably right in terms of not needing it in terms of inflation, i hear what everybody is saying, most important banker in the world, speaking this week, talked about, his concern about inflation. >> always negative, though. >> i guess, but maybe she's justified to be. you know, the market says one thing, i think the things that he says something else. and quickly,we talk about precious metals, base metals on fire. and base metals are as good as an indicator with what's going on with the inflation front, zinc, nickel, aluminum, lead, all multi-year highs. >> company buybacks, t
. >> right, and we have walmart at all-time highs, goldman sachs trading highest levels since its ipo. maybe we don't need nvidia. especially as, to rebecca's point, all these other companies have said we're going to spend money on capex. that a.i. trade is there supported by that outlay. >> that's fair, and we have pr precedent for it, because apple on its horse now, few months prior with the market at all-time highs, the market was doing it without apple, not only without apple...
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May 9, 2024
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goldman sachs now riding a seven-day winning streak the big bank gaining 7% along the way. plus, a triple dose of afterhours action, dropbox, unity software, sweetgreen all on the move after reporting results. goldman sachs, guy, got to go to you. >> good for david solomon, who has been under the spotlight for quite some time. during his tenure -- >> d.j. sol, please. >> when the stock is on an upswing, he's d.j. sol >> he can be allowed to dj -- >> excellent point he's made some mistakes, he's the first to admit it, but they've pivoted to certain things at the right time and the stock has done extraordinarily well and probably going to continue this trajectory >> how does it look relative to other banks? >> well, relative to morgan stanley, it sure looks good. the only question is, if i had this and was profiting, i think i would sell calls or put other hedging strategy >> great move getting out of the consumer lending business. focusing more on what they're really good at pick up in m&a, the calendar >> sweetgreen, the consumer's under pressure, are we paying 20 bucks for
goldman sachs now riding a seven-day winning streak the big bank gaining 7% along the way. plus, a triple dose of afterhours action, dropbox, unity software, sweetgreen all on the move after reporting results. goldman sachs, guy, got to go to you. >> good for david solomon, who has been under the spotlight for quite some time. during his tenure -- >> d.j. sol, please. >> when the stock is on an upswing, he's d.j. sol >> he can be allowed to dj -- >> excellent point...
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May 22, 2024
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that's next, as nvidia shares hit $1,020 in the afterhours. >>> plus, goldman sachs and starbucks making mesov, and whether to add to these names in your portfolio that's after this. at corient, wealth management begins and ends with you. we believe the more personal the solution, the more powerful the result. we treat your goals as our own. we never lose focus on the life you want to build. and our experienced advisors design custom built strategies to help you get there. it's time for a wealth management experience as sophisticated as you are. it's time for corient. >>> welcome back to "fast money. shares of nvidia at afterhours highs on the back of a record-breaking earnings beat, a 10 for 1 stock split, and 262% jump in sales. the stock over $1,000 a share, hitting $2.2 trillion in market capitalization let's bring in venture capitalist known for his investments in airbnb, rick heitzmann. >> people are putting the money where their mouth is you're seeing the enterprise buildout of those a.i. strategies, beginning with nvidia >> so, talk to us about sort of thecentric circles around n
that's next, as nvidia shares hit $1,020 in the afterhours. >>> plus, goldman sachs and starbucks making mesov, and whether to add to these names in your portfolio that's after this. at corient, wealth management begins and ends with you. we believe the more personal the solution, the more powerful the result. we treat your goals as our own. we never lose focus on the life you want to build. and our experienced advisors design custom built strategies to help you get there. it's time...
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May 30, 2024
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but goldman sachs this morning came out with the most bullish report i have seen, and this is what i am telling club members, unless you see a couple lawsuit wins, which they have not come to trial, and missouri is the most pro plaintiff state in the union, and if you bring a case there, people presume you are going to lose. >> mcdonald's, the u.s. chief with the memo about what he would argue is pricing misinformation. you talked to chipotle last night. i don't know if have you seen mcdonald's versus the s&p so far this year. it's remarkable. >> sit is remarkable. i got the note last night. this is from a terrific guy, joe erlinger. he said the big mack will go to 5.29, and that's an increase of just 21%, not 100%. i read the note and said mcdonald's is not being reported on correctly, so i felt like when i got this i would come forward and say this is a significant change from what a lot of people are saying. >> a reminder that franchisees set the prices, unless it's a corporate-owned store. is this a trend of what? >> well, last night chipotle has the most expensive fast-food and
but goldman sachs this morning came out with the most bullish report i have seen, and this is what i am telling club members, unless you see a couple lawsuit wins, which they have not come to trial, and missouri is the most pro plaintiff state in the union, and if you bring a case there, people presume you are going to lose. >> mcdonald's, the u.s. chief with the memo about what he would argue is pricing misinformation. you talked to chipotle last night. i don't know if have you seen...
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May 6, 2024
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the goldman sachs philanthropy wing. they also supported black lives matter and the day of they took the hamilton building over at columbia university, remember that? that was after singman addressed a group of about 100. they end up being outsiders to go into columbia and go take a building, professionally because they know how to do this. exactly in their training manual. goldman saks has a throat answer for, who are you giving your millions of dollars with? you are talking about 450 medal. what do you think they are going to do with that? make america a better place? >> charlie: if you don't recognize the democrat party today, this did not happen by accident and it's really strange to look around and see john fetterman is like one of the handful of democrats making sense right now. >> brian: can i give you another one ritchie torres of the bronx. democrat. he says i urge them, goldman saks, to cut ties with this group after a tape emerged of one of their leaders spewing nazi hate, calling for a final blow to israel in
the goldman sachs philanthropy wing. they also supported black lives matter and the day of they took the hamilton building over at columbia university, remember that? that was after singman addressed a group of about 100. they end up being outsiders to go into columbia and go take a building, professionally because they know how to do this. exactly in their training manual. goldman saks has a throat answer for, who are you giving your millions of dollars with? you are talking about 450 medal....
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May 13, 2024
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jonathan is in paris and will be interviewing david solomon from goldman sachs. another potential day of gains. the longest advance going back to february as people read -- reset their expectations that bring forward some of the rate cuts that have been previously pushed off the table. we have focused very much on what is going on in the tech sector. the u.s. and its allies have been pumping money in a competition with china. what we are looking at next is the iphone and what they are doing with their chip supply but how they are going to incorporate artificial intelligence more closely with their phones, given the fact that has been the next wave of innovation. the next operating system is said to include chatgpt. alex webb joining us for more. that is where i wanted to begin. what exactly does this mean? >> if this thing goes through, apple should be able to compete more readily with google's system. google is at the bleeding edge when it comes to official intelligence. if everybody is going to be looking for ai capabilities on their smartphone, they need to ha
jonathan is in paris and will be interviewing david solomon from goldman sachs. another potential day of gains. the longest advance going back to february as people read -- reset their expectations that bring forward some of the rate cuts that have been previously pushed off the table. we have focused very much on what is going on in the tech sector. the u.s. and its allies have been pumping money in a competition with china. what we are looking at next is the iphone and what they are doing...
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May 31, 2024
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let's talk about this goldman sachs asset munition report that you been focused on showing targets for how much you need to save in retirement. nobody is hitting it or most people aren't hitting the number but at the same time is most pessimistic. jan z is on a good start investing for retirement and median of 29000 in the retirement account, that is good and part of that is benefiting from relatively new features like auto enrollment which is really grown over the past 15 years to get automatically plunked into the 401k and you have to opt out. the report looked at competing pressures that people are fa facing. jack: taking care of your parents, taking care of college, millennial's are getting hit with the cost. >> millennial's are getting slammed it is good to be jan the next. jack: of course you have not quite a silver bullet but a bit of a solution to help reti retirement, you wrote a column about the roth 401k which is been good and it got better. >> starting this year no required minimum distribution requirements for your 401k, you can let that money compound and grow throughout
let's talk about this goldman sachs asset munition report that you been focused on showing targets for how much you need to save in retirement. nobody is hitting it or most people aren't hitting the number but at the same time is most pessimistic. jan z is on a good start investing for retirement and median of 29000 in the retirement account, that is good and part of that is benefiting from relatively new features like auto enrollment which is really grown over the past 15 years to get...
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May 13, 2024
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sachs, like credit suisse. >> i think that's exactly right. you have a villains on trial. it's not widows and orphans lost money. this is real banks, and it's heart to feel sorry for them. as a defendant, when his wealth is on trial, it's also hard for the jurors to feel sorry for him as well. scarlet: sonali, bill hwang is fairly well known on wall street. he was a tiger cub. but the losses that he racked up happened while he was running his own family office, as you were telling us, which family offices, they're subject to even fewer regulatory disclosure requirements than hedge funds. can you talk a little bit about how family funds work and how it may be different from hedge funds. sonali: this is a critical aspect of this case. even in the initial indictment, you saw a recognition here that the disclosure rules are different. if you think about family offices, we know exactly where all their positions are, and if they've amassed a certain size within a certain stock of a position, you would eventually know about it, because they would dis
sachs, like credit suisse. >> i think that's exactly right. you have a villains on trial. it's not widows and orphans lost money. this is real banks, and it's heart to feel sorry for them. as a defendant, when his wealth is on trial, it's also hard for the jurors to feel sorry for him as well. scarlet: sonali, bill hwang is fairly well known on wall street. he was a tiger cub. but the losses that he racked up happened while he was running his own family office, as you were telling us,...
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May 10, 2024
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. >> the street's big bet on sports goldman sachs, head of sports an entertainment, joins to talk about the landscape and deal making environment as equities holding on to gains post umich a lot mo ctiesn quk the street.aw stay with us in any business, you ride the line between numbers and people. what's right for the business and what's best for everyone who depends on it. solving today's challenges while creating future opportunities. it takes balance. cla - cpas, consultants, and wealth advisors. we'll get you there. ♪ (alarm sound) ♪ amelia, turn off alarm. amelia, weather. 70 degrees and sunny today. amelia, unlock the door. i'm afraid i can't do that, jen. ♪ (suspenseful music) ♪ why not? did you forget something? ♪ (suspenseful music) ♪ my protein shake. the future isn't scary. not investing in it is. you're so dramatic amelia. bye jen. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com. i don't want you to move. fund investment objectives, i'm gonna m
. >> the street's big bet on sports goldman sachs, head of sports an entertainment, joins to talk about the landscape and deal making environment as equities holding on to gains post umich a lot mo ctiesn quk the street.aw stay with us in any business, you ride the line between numbers and people. what's right for the business and what's best for everyone who depends on it. solving today's challenges while creating future opportunities. it takes balance. cla - cpas, consultants, and...
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May 14, 2024
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goldman sachs saying it will result in rates on hold. let's return to paul allen with our next guest. all: thank you very much. i am here in canberra with the finance minister to about the budget which was handed down and minister, thank you for joining us. i want to start regarding nation, billions of dollars in spending, inflation risk, how do you tell them that they're not right? >> it is hard to find a group that agrees but you need to look at the budget, delivering back-to-back surpluses, showing spending restraint through savings or prioritizing across budget. we have put back all the revenue back to budget repair, lower interest payments. that tells the budget responsibility but we have had to work out ways to provide relief without adding to inflation so the budget does a lot of things and i support the view that there is restraint. we had to say no to a lot of things. paul: on inflation if there is a short-term drop longer-term pressures remain in place. what is the plan to address that? >> the reserve bank and treasuries see in
goldman sachs saying it will result in rates on hold. let's return to paul allen with our next guest. all: thank you very much. i am here in canberra with the finance minister to about the budget which was handed down and minister, thank you for joining us. i want to start regarding nation, billions of dollars in spending, inflation risk, how do you tell them that they're not right? >> it is hard to find a group that agrees but you need to look at the budget, delivering back-to-back...
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May 4, 2024
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goldman sachs recently surveyed 10,000 business owners throughout california. the investment bank survey found 46% of small businesses say they have had to raise their prices in the last three months, 73% of owners say inflation has added pressure to their business. despite these costs and pressures, 63% of owners say their business is growing at or above pre-pandemic levels. >> one of the nation's largest cybersecurity conferences is coming to san francisco next week. i and its risks are expected to be the main topic of discussion. we spoke with mickey boland, who is attending the conference with the redwood city based cybersecurity platform about tech companies response to ai risks. >> these companies are completely unprepared. they really are unprepared. they're not understanding the risk to their business, the harms that can be created. and then they i think they're in denial in some sense of how sophisticated and good this technology is. >> the rsa conference will wrap up on thursday, may 9th. >> due to this saturday's forecasted rain, the 39th annual cinc
goldman sachs recently surveyed 10,000 business owners throughout california. the investment bank survey found 46% of small businesses say they have had to raise their prices in the last three months, 73% of owners say inflation has added pressure to their business. despite these costs and pressures, 63% of owners say their business is growing at or above pre-pandemic levels. >> one of the nation's largest cybersecurity conferences is coming to san francisco next week. i and its risks are...
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sachs and citibank and everyone else. um, so yeah, it was, it was, it didn't make any sense. i mean, there are the reaction, of course, has been quite fierce against what they did as it should be, because i didn't violate any rules or norms. i just waited into a discussion. and i, i don't know this for a fact, but they were, you know, pretty strongly suspect enraged their principal, donor. and they decided that that donor was more important than myself. but because they, they wanted their money. and where does independent journalism go from here, chris? it's tough enough to make a living as an independent journalist, it's tough enough for those outlets to raise enough money to keep going. how can they and how should they confront outside pressures to either skew the news or shut them down? well, the only model left the works is clearly the model of the wealthy donor doesn't work. we tried that. it trusted. we had a wealthy publisher who funded the site and then she tried to fire the editor in chief box. here i organized a
sachs and citibank and everyone else. um, so yeah, it was, it was, it didn't make any sense. i mean, there are the reaction, of course, has been quite fierce against what they did as it should be, because i didn't violate any rules or norms. i just waited into a discussion. and i, i don't know this for a fact, but they were, you know, pretty strongly suspect enraged their principal, donor. and they decided that that donor was more important than myself. but because they, they wanted their...
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May 16, 2024
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i looked at goldman sachs had a chart of the ai infrastructure plays, you have the ai implementation plays, both done really well, especially fracture. >> right. >> the productivity side where companies talk about how it will help their regular business not doing anything. i wonder what market thinks the payback on all this investment will be? >> i think it's going to be massive, personally. >> i think it's not surprising that revenue beneficiaries act well at the beginning. you saw that -- next wednesday nvidia reports. only a year ago they gave you the biggest upward sales revision of any mega cap company ever. we have a chart where we tag every company that mentions anything related to ai in their earnings call transcripts, gpu, large language models, and their margins over time versus other growth companies that aren't mentioning those, they aren't asking the management teams about them, and their margins are already starting to pick up a little bit. the revenue beneficiaries are on the path. your point is a tough one on when do the cost beneficiaries. you see it in medical distr
i looked at goldman sachs had a chart of the ai infrastructure plays, you have the ai implementation plays, both done really well, especially fracture. >> right. >> the productivity side where companies talk about how it will help their regular business not doing anything. i wonder what market thinks the payback on all this investment will be? >> i think it's going to be massive, personally. >> i think it's not surprising that revenue beneficiaries act well at the...
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May 9, 2024
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the heat map there later on this morning, by the way, goldman sachs professional investment forum, we'll sit down with the company's president and coo john waldron we'll talk macro environment ceo confidence pimaets and more we will get stop trading with jim in a moment. a slow network is no network for business. that's why more choose comcast business. and now, we're introducing ultimate speed for business —our fastest plans yet. we're up to 12 times faster than verizon, at&t, and t-mobile. and existing customers could even get up to triple the speeds... at no additional cost. it's ultimate speed for ultimate business. don't miss out on our fastest speed plans yet! switch to comcast business and get started for $49.99 a month. plus, ask how to get up to an $800 prepaid card. call today! >>> let's get to jim and stop trading. >> one stock that captures all the zeitgeist we've talked about this hour, duo lingo two thesis people are propounding. one is that maybe people aren't traveling as much and you don't need duolingo and then second, this samsung phone, you don't need to speak the f
the heat map there later on this morning, by the way, goldman sachs professional investment forum, we'll sit down with the company's president and coo john waldron we'll talk macro environment ceo confidence pimaets and more we will get stop trading with jim in a moment. a slow network is no network for business. that's why more choose comcast business. and now, we're introducing ultimate speed for business —our fastest plans yet. we're up to 12 times faster than verizon, at&t, and...