Artificial intelligence (AI) is more than just a buzzword. Goldman Sachs Group strategists argue that AI stocks have strong fundamentals and valuations that are not excessive compared to tech bubbles seen in the past, Bloomberg reported Tuesday (Sept. 5). Today’s AI companies are already profitable and generate cash. ...
Online grocery marketplace Instacart is reportedly gearing up for an initial public offering (IPO) as early as September. The firm is anticipated to make its IPO plans public by filing with the US Securities and Exchange Commission (SEC) in the coming week, Bloomberg reported Friday (Aug. 18), citing unnamed...
Goldman Sachs Group is reportedly adding staff to its compliance department amid increased scrutiny of the industry from the Federal Reserve. The Wall Street firm plans to enlist several hundred new staffers to address concerns raised by banking supervisors, Bloomberg reported Thursday (Aug. 17). Goldman Sachs CEO David Solomon has...
Several firms are banding together to leverage blockchain — and distributed ledger technology — to transform financial markets. The roster includes Goldman Sachs Group Inc, Microsoft Corp, Deloitte and others, who announced in an announcement that they would launch the Canton Network and start testing...
November 02, 2023
Ibotta, the digital marketing software firm, is reportedly gearing up for an initial public offering (IPO) that could value the company at $2 billion or more. To assist with the IPO, Ibotta has enlisted the help of Goldman Sachs Group and Citigroup as advisers, Bloomberg reported Thursday (Nov. 2), citing unnamed sources. Reached by PYMNTS, an Ibotta spokesperson declined to comment […]
September 05, 2023
Artificial intelligence (AI) is more than just a buzzword. Goldman Sachs Group strategists argue that AI stocks have strong fundamentals and valuations that are not excessive compared to tech bubbles seen...
August 18, 2023
Online grocery marketplace Instacart is reportedly gearing up for an initial public offering (IPO) as early as September. The firm is anticipated to make its IPO plans public by filing with the...
August 17, 2023
Goldman Sachs Group is reportedly adding staff to its compliance department amid increased scrutiny of the industry from the Federal Reserve. The Wall Street firm plans to enlist several hundred new...
