World News by Wild Rose

Global hedge funds logged one of their broadest declines since the Covid pandemic on Thursday following the stock market selloff, according to Goldman Sachs Group Inc.’s prime brokerage desk. Nishant Kumar reports on Bloomberg Television. (Source: Bloomberg)

Global hedge funds suffered one of their broadest declines since the Covid pandemic following the stock market selloff on Thursday, according to Goldman Sachs Group Inc.’s prime brokerage desk.

CoreWeave Inc. was upgraded to buy from neutral at Goldman Sachs, a move that represents a vote of confidence in the cloud-computing provider following a period of heavy volatility for the stock related to its debt.

Goldman Sachs Group Inc. topped its four biggest US equity underwriting rivals in the third quarter, with only Morgan Stanley reporting a decline in fees compared to last year.

Goldman Sachs Group’s equities traders reported revenue of $6.44 billion for the three months through September, topping expectations. The firm’s fixed-income and rates-trading counterparts fell far below Wall Street’s estimates in the third quarter. Kristine Aquino reports on Bloomberg Television. (Source: Bloomberg)

A stronger yuan is among the most underpriced scenarios in the world’s $9.5 trillion-a-day foreign exchange market, according to Goldman Sachs Group Inc.’s Kamakshya Trivedi.

JPMorgan Chase & Co. and Goldman Sachs Group Inc. have taken a rare move to limit their exposure on a $5 billion loan sale for AI startup Volta Infrastructure Holdings Ltd. as investors demand higher yields for risky debt tied to the artificial intelligence boom.

When Goldman Sachs Group Inc. buys boutique ETF provider Neos Investments, it’ll acquire not only some of the hottest derivative-income funds around, but also products that are testing how decades-old laws are applied to Wall Street’s new generation of tax-optimizing strategies.

Goldman Sachs Group Inc. strategists are turning positive on global stocks for the short term, citing a boost from strong earnings for markets already trading near all-time highs.

Goldman Sachs president John Waldron has called on China to loosen foreign exchange rules, ease cross-border data restrictions and improve regulatory transparency as the country’s policymakers seek to strengthen Shanghai’s role as an international financial centre. Waldron, also the investment bank’s chief operating officer and widely seen as a front runner to succeed its current CEO David Solomon, expressed confidence in the city’s potential at an annual meeting of international business...

$50,000 summer internships at elite financial firms, more than $500 million in special bonuses for Goldman Sachs executives, an unusual method of protecting books from pests and growing safety concerns surrounding teenagers riding high-speed electric bicycles. Join Lisa Mateo, David Gura and Christina Ruffini for a roundup of headlines you may have missed, but gotta see. (Source: Bloomberg)

OpenAI’s $70 billion revenue target reignites the AI trade. Jet fuel prices squeeze US airlines, while Goldman leads a Wall Street trading windfall. Plus, Naftali Group CEO Miki Naftali on South Florida’s luxury real estate boom, and Brooklyn Sports & Entertainment CEO Sam Zussman on the Liberty’s playoff push and record crowds at Barclays. Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." (Source: Bloomberg)

Goldman Sachs Wealth Management’s Matt Weir says the recent concentration of market gains among a handful of large technology stocks doesn’t signal the end of the bull market. He expects hyperscaler capital-spending growth to decelerate from its extraordinary pace but remain well above overall economic growth, and argues that earnings will ultimately determine where stocks go next. He joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

Goldman Sachs Group Inc.'s most senior leaders are set to unlock a special bonus that will rank among the biggest such payouts the firm has ever awarded. About 20 executives are in line for equity awards that will be finalized later this month and exceed $500 million at the current share price, with Chief Executive Officer David Solomon in line for more than $100 million. Bloomberg's Sridhar Natarajan joins to discuss. (Source: Bloomberg)

Goldman Sachs’ most senior leaders are set to unlock a special bonus that will rank among the biggest such payouts the firm has ever awarded. Bloomberg's Todd Gillespie explains. (Source: Bloomberg)

Goldman Sachs executives including CEO David Solomon and President John Waldron are set to take in a special bonus. Equity awards could top $500 million based on the current share price. Solomon could get $100 million alone. Bloomberg's Sridhar Natarajan reports. (Source: Bloomberg)

Larger asset managers including Goldman Sachs Group Inc. have been looking to snap up CLO management businesses as they hunt for lucrative fee streams in the $1 trillion US market.

The board of Goldman Sachs Group has discussed a plan for John Waldron to succeed David Solomon as CEO as early as next year. Jennifer Surane has more on "Bloomberg Open Interest." (Source: Bloomberg)

A surge of corporate bond supply in the US high-yield market is starting to overwhelm debt investors, pushing risk premiums to the highest level in five months, according to Goldman Sachs Group Inc.’s head of credit strategy.