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Digital currency exchange Coinbase has reportedly approached Goldman Sachs to lead its upcoming initial public offering — a move that could bolster the appeal of cryptocurrencies to a broader mainstream audience. Citing two sources familiar with the matter, Business Insider reported Friday that Coinbase is looking to Goldman Sachs to handle
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Goldman Sachs is reportedly one of several financial institutions to sign on to JPMorgan’s custom blockchain service — a sign that more broker-dealers were looking to take advantage of digital currencies for their repo operations.In an interview with Bloomberg, Scott Lucas, head of blockchain markets at JPMorgan, said the investment
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Despite that Robinhood had not officially announced the IPO, the sources stated that the trading company would go public before the end of 2021 Q1.Trading platform Robinhood Markets Inc has chosen investment banking company Goldman Sachs to lead its initial public offering (IPO) in 2021. The trading app also hopes that the
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Trading app Robinhood has chosen Goldman Sachs to lead the way for an initial stock offering which could come in 2021 and value the trading app firm at more than $20 billion, people familiar with the matter told the N.Y. Post.The story is developing and will be updated as more
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Goldman Sachs expects profit margins to jump in 2021.Goldman’s forecast is based on strong U.S. and global economic growth in the coming year.The stock market is facing many downside risks that we shouldn’t overlook.Goldman Sachs is optimistic about corporate profitability in 2021. The bank expects the U.S. stock market’s margin
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Goldman Sachs strategists believe the markets might be overestimating the risks from the November presidential election.While some analysts anticipate massive volatility spikes after the election, Goldman said S&P 500 would be able to gauge the winner.The confluence of surging COVID-19 cases and the uncertainty around the election are causing market
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The Chamber of Digital Commerce will now have diverse opinions that will steer forward crypto regulations and adoption globally.American leading blockchain and digital assets advocacy group Chamber of Digital Commerce has taken a step further by adding key players to its board members. First, the NGO listed former Acting White
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Goldman Sachs added Boeing to its conviction buy list.The airline manufacturer was already in trouble before the pandemic.Order cancellations and changing travel patterns suggest it’s way too early to buy.Goldman Sachs just added Raytheon and Boeing to its conviction buy list because they have a large number of defense contracts—
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The five largest stocks in the S&P 500 could be replaced as market leaders.Goldman used the Rule of 10 criteria to identify 21 stocks that could beat the market.Salesforce, Paypal, and Netflix are among those top stocks.Five mega-cap stocks have led the U.S. stock market rally–Facebook, Amazon, Apple, Microsoft, and
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Goldman Sachs has warned that the U.S. dollar may lose its status as the world’s reserve currency. The investment bank is bullish on gold as fears over governments debasing their fiat currencies grow and real interest rates are pushed to all-time lows.Goldman Sachs’ Dollar and Gold PredictionsAmerican investment bank
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