Tag: Goldman Sachs Group Inc
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Virgin Orbit struggles to avoid bankruptcy as talks on the deal continue
Virgin Orbit senior management held daily talks with potential investors over the weekend, people familiar with the matter told CNBC. A potential buyer resisted a proposed sale price of nearly $200 million, one person told CNBC — a price just below the company’s market value as of Friday’s close. Meanwhile, contingency plans are being worked […]
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US stocks are on the verge of wild swings as trillions in options contracts expire Friday
US stocks could continue to swing wildly in the coming days as option contracts tied to trillions of dollars worth of securities expire on Friday, removing a buffer that some say has helped prevent the S&P 500 index from breaking out of a tight trading range . Options contracts worth $2.8 trillion will expire during […]
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Four regional bank stocks for the brave to buy, according to UBS
The sell-off at regional banks is exaggerated, with four names UBS says look particularly attractive at these levels. While bank stocks rallied higher on Thursday, volatility has increased this week. The banking sector began a nosedive shortly before the collapse of Silicon Valley Bank (SVB) and has continued this week despite regulators saying on Sunday […]
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Goldman on 8 stocks that will outperform the market if they become profitable
Goldman Sachs has named eight global stocks of companies that will turn profitable this year and outperform the broader market. In a new research report, the investment bank found that companies that transition from unprofitable to profitable during a market recovery tend to outperform the broader market. According to Goldman, this phenomenon occurred in 2001 […]
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Government bond yields rose slightly at the start of the week
U.S. Treasury yields rose slightly on Monday as investors continue to monitor the outlook for inflation and the economy. The yield on the benchmark 10-year Treasury bond rose 1 basis point to 3.959%, and the yield on the 30-year Treasury bond rose less than a basis point to 3.941%. Revenues move inversely to prices. Treasure […]