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The Dow’s Health Boost — Heard on the Street Thursday Recap
The Wall Street Journal112d agoneutral
The Dow’s Health Boost — Heard on the Street Thursday Recap

UnitedHealth jumped more than 5% Thursday after BofA upgraded the stock to a buy rating on “improving medical cost trends.” The healthcare giant led Dow gainers for the day, though a 5% jump by Goldman Sachs wasn’t far behind.

Goldman Sachs delivers clear message on interest rate cuts
TheStreet113d agobearish
Goldman Sachs delivers clear message on interest rate cuts

Wall Street is booming, but Goldman Sachs isn’t convinced that lower interest rates are around the corner. In an interview with CNBC, Goldman Sachs COO John Waldron reiterated the bank's view that the Federal Reserve could start cutting interest rates by the close of 2026. Put simply, Americans may ...

Bloomberg113d agoneutral
Wall Street Sees SpaceX’s AI Revenue 100 Times Higher by 2030

(Bloomberg) -- Research analysts across Wall Street are telling would-be SpaceX IPO buyers that they’re modeling for the company’s artificial intelligence division to see 100 times revenue growth at the end of the decade, to help justify a targeted $1.8 trillion valuation.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpDow Average Hits Peak as Old-School Stocks Beat AI: Markets WrapTrump Begins Rebuilding

CNBC’s Jim Cramer Predicts SpaceX IPO Will Double to $4 Trillion. He Says Two Factors Will Lead to Massive Buying.
24/7 Wall St.113d agobullish
CNBC’s Jim Cramer Predicts SpaceX IPO Will Double to $4 Trillion. He Says Two Factors Will Lead to Massive Buying.

CNBC’s Jim Cramer is making a paradoxical call on the pending SpaceX IPO. On Squawk on the Street this week, he predicted the stock could double on its opening trade to a $4 trillion valuation, while publicly trying to talk retail investors out of buying. The mechanics he points to (a microscopic float and forced ... CNBC’s Jim Cramer Predicts SpaceX IPO Will Double to $4 Trillion. He Says Two Factors Will Lead to Massive Buying.

Goldman Sachs Predicts SpaceX Revenue Will Surge 100X By 2030
24/7 Wall St.113d agobullish
Goldman Sachs Predicts SpaceX Revenue Will Surge 100X By 2030

The pitch behind the largest U.S. stock market debut in history rests on one number, and it asks investors to suspend a lot of disbelief. Goldman Sachs (NYSE:GS), the lead underwriter on the deal, told a potential IPO investor it expects SpaceX’s AI division revenue to climb roughly 100 times by 2030. That projection, reported ... Goldman Sachs Predicts SpaceX Revenue Will Surge 100X By 2030

Goldman Sachs expects SpaceX's AI revenue to surge 100-fold by 2030, FT reports
Reuters113d agobullish
Goldman Sachs expects SpaceX's AI revenue to surge 100-fold by 2030, FT reports

Goldman Sachs expects revenue from SpaceX's AI division to surge to $322 billion by 2030, up from $3.2 billion ‌in 2025, according to the Wall Street bank's forecasts shared ‌with a potential investor, the Financial Times reported on Thursday. The investment bank has estimated ​SpaceX's total revenue to reach $474 billion in 2030 from $18.7 billion last year, the report added. Goldman has forecast revenue at SpaceX's AI segment to soar 388% from a year earlier to $15.6 billion in 2026, and reach $34.5 ‌billion in 2027, according to ⁠the report, citing a person familiar with the matter.

Healthcare, Bank Stocks Buoy Dow Industrials
The Wall Street Journal113d agoneutral
Healthcare, Bank Stocks Buoy Dow Industrials

The Dow Jones Industrial Average rose Thursday while other indexes lagged behind thanks in part to gains in bank and healthcare stocks. “This is a non-chip rally,” said Jay Hatfield, chief executive officer and portfolio manager at Infrastructure Capital Advisors.

The Mortgage Hedging ‘Beast’ Is Returning to the Treasury Market
Bloomberg113d agoneutral
The Mortgage Hedging ‘Beast’ Is Returning to the Treasury Market

(Bloomberg) -- At the height of the US bond-market selloff last month, Vishal Khanduja detected something unusual. Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRepublican-Led House Votes to Stop Iran War, Rebuking TrumpGlazer Family Members Study Manchester United Stake SaleTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtRussia Finance Officials Tell Putin War Spending Is UnaffordableAs yields on the longest-dated Treasuries surged toward a 19-year

Investing.com114d agoneutral
Anthropic said to pick Morgan Stanley and Goldman to lead IPO

Investing.com -- Anthropic PBC has selected banks to lead its initial public offering, according to a Bloomberg report Wednesday. The artificial intelligence company, which makes the Claude chatbot, has chosen Morgan Stanley and Goldman Sachs Group Inc. to lead the offering. JPMorgan Chase & Co. will also work on the deal, the report said.

Bloomberg114d agoneutral
Bank CEOs Press Mamdani to Get More New York Housing Built

(Bloomberg) -- The heads of Bank of America Corp. and Goldman Sachs Group Inc. said this week they’ve pressed New York Mayor Zohran Mamdani to get more apartments built in the city, a move they said would help with affordability.Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTikTok Billionaire Overtakes Mukesh Ambani as Asia’s Second-Riches