Bitcoin rose to a new record high on Wednesday, surpassing the previous high it hit earlier this year.
Category: morgan-stanley
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Weight loss drugs are squeezing the food industry
The revolutionary GLP-1 class of weight loss drugs are racking up blockbuster sales at a pace rarely seen in the pharmaceutical industry. But the pharma industry’s gain is the food industry’s loss.
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Is a recession coming? Here’s what JPMorgan, Goldman Sachs, and other banks and economists say
Like the gyrations in the stock market, economists have gone back and forth on recession predictions. A year or so ago there was a broad consensus among experts that there would be a recession in 2024 — but it never materialized. By this year, amid strong a strong job market and cooling inflation, such talk had died…
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Starbucks gets a new dress code, Tesla falls behind, and Trump wants Powell out: Business news roundup
Data released this week from the International Trade Association shows that arrivals of non-citizens to the United States by plane have declined by over 11% since March 2024.
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Tale of 2 playbooks: As mom and pop rush in, the smart money backs off
As markets swing wildly on tariff headlines and economic uncertainty, a curious split is emerging: Retail investors are diving in, while institutional players are stepping back. Even as big banks report blowout trading revenue, the underlying behavior suggests churn — not conviction.
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Goldman Sachs earnings jump. But CEO David Solomon has a warning
Goldman Sachs (GS) opened the floodgates on first-quarter earnings Monday, reporting a 15% jump in profit to $4.74 billion, or $14.12 per share. Strong trading revenues fueled the beat, and shares climbed 1.7% at the open — despite being down about 14% year-to-date.
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Apple, Dell, and Goldman Sachs: Stocks to watch today
A Nasdaq bounce looks to be brewing on Monday after U.S. officials moved to temporarily exempt smartphones, laptops, and other high-end electronics from the Trump administration’s sweeping 145% tariffs on Chinese imports.
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Stocks rise as Apple jumps and Goldman beats on earnings. But fears linger beneath the bounce
Stock futures climbed early Monday, hinting at a positive open after some of the most chaotic and turbulent weeks in recent market memory.
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Netflix, Goldman Sachs, Citigroup, and more stocks to watch this week
Markets have been on a rollercoaster ever since President Donald Trump declared “Liberation Day,” unleashing a blur of tariff impositions, reversals, reimpositions, retaliatory blows, and exemptions.
