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 Goldman Sachs profits more than double in second quarter as dealmaking comes back on Wall Street

Goldman Sachs profits more than double in second quarter as dealmaking comes back on Wall Street

July 15, 2024 10:20 PM AEST| By EODHD

NEW YORK (AP) — Goldman Sachs is posting a massive 150% jump in second quarter profits Monday, helped by a resurgence of dealmaking and underwriting that has revived investment banking after the slow...

 Magna International Price Target Lowered to US$57 at TD

Magna International Price Target Lowered to US$57 at TD

July 15, 2024 10:14 PM AEST| By EODHD

Magna International Price Target Lowered to US$57 at TD

 Cogeco Communications Price Target Raised to $76 at RBC

Cogeco Communications Price Target Raised to $76 at RBC

July 15, 2024 10:05 PM AEST| By EODHD

Cogeco Communications Price Target Raised to $76 at RBC

 PayPal Fined $27.4 million by Polish Regulator for Ambiguous Language in User Agreement

PayPal Fined $27.4 million by Polish Regulator for Ambiguous Language in User Agreement

July 15, 2024 09:35 PM AEST| By EODHD

PayPal Fined $27.4 million by Polish Regulator for Ambiguous Language in User Agreement

 Goldman profits surge 150% from year ago on Wall Street rebound

Goldman profits surge 150% from year ago on Wall Street rebound

July 15, 2024 09:30 PM AEST| By EODHD

Goldman Sachs (GS) reported that its second-quarter profits soared 150% from a year ago as investment banking surged, the latest signal that Wall Street is warming up after a two-year drought. Net inc...

 OpenAI Reportedly Working on New AI Models

OpenAI Reportedly Working on New AI Models

July 15, 2024 09:30 PM AEST| By EODHD

OpenAI Reportedly Working on New AI Models

 Franco-Nevada, Osisko Acquire Gold Stream on SolGold's Cascabel Copper-Gold Project in Ecuador

Franco-Nevada, Osisko Acquire Gold Stream on SolGold's Cascabel Copper-Gold Project in Ecuador

July 15, 2024 08:58 PM AEST| By EODHD

Franco-Nevada, Osisko Acquire Gold Stream on SolGold's Cascabel Copper-Gold Project in Ecuador

 Champion Iron, Labrador Iron Ore Royalty Temporarily Shut Down Operations Due to Wildfires

Champion Iron, Labrador Iron Ore Royalty Temporarily Shut Down Operations Due to Wildfires

July 15, 2024 08:24 PM AEST| By EODHD

Champion Iron, Labrador Iron Ore Royalty Temporarily Shut Down Operations Due to Wildfires

 Tesla's UK lawsuit for 5G patents licence thrown out by UK court

Tesla's UK lawsuit for 5G patents licence thrown out by UK court

July 15, 2024 08:13 PM AEST| By EODHD

LONDON (Reuters) - U.S. technology firm InterDigital and a patent licensing platform on Monday won their bid to throw out a London lawsuit by Tesla, which was seeking a patent licence ahead of the aut...

 How Startup Wiz Went From Zero to a Possible $23 Billion Sale to Google in Four Years

How Startup Wiz Went From Zero to a Possible $23 Billion Sale to Google in Four Years

July 15, 2024 07:30 PM AEST| By EODHD

The cloud cybersecurity company founded by a group of ex-Israeli military officers is close to landing the tech industry’s biggest exit in years. Continue reading View comments

 Goldman Sachs names India investment banking co-chiefs, Hong Kong coverage head

Goldman Sachs names India investment banking co-chiefs, Hong Kong coverage head

July 15, 2024 06:59 PM AEST| By EODHD

By Selena Li HONG KONG (Reuters) - Goldman Sachs has appointed Sudarshan Ramakrishnan and Devarajan Nambakam as co-heads of investment banking in India, the latest Wall Street bank to bolster its lead...

 PayPal fined $27.3 million by Polish watchdog for ambiguous clauses

PayPal fined $27.3 million by Polish watchdog for ambiguous clauses

July 15, 2024 06:00 PM AEST| By EODHD

WARSAW (Reuters) - Poland's antitrust and consumer protection watchdog imposed a fine of 106.6 million zlotys ($27.3 million) on PayPal Europe for failing to spell out to consumers in its contractual...

 James Anderson, Nvidia and exponential gains

James Anderson, Nvidia and exponential gains

July 15, 2024 03:00 PM AEST| By EODHD

In today’s newsletter:Nvidia could reach $50tn market cap in a decade, says leading tech investorTop ECB official sounds alarm on shadow

 Smartphone Market Grows 6% as AI and Discounts Help Demand

Smartphone Market Grows 6% as AI and Discounts Help Demand

July 15, 2024 12:30 PM AEST| By EODHD

(Bloomberg) -- Apple Inc.’s iPhone shipments stabilized in the June quarter as the wider smartphone market accelerated its growth, according to independent research. Most Read from Bloomberg Trump Sho...

 Google near deal to acquire cybersecurity startup Wiz for $23 billion - WSJ

Google near deal to acquire cybersecurity startup Wiz for $23 billion - WSJ

July 15, 2024 01:32 AM AEST| By EODHD

Alphabet Inc. (NASDAQ:GOOGL), the parent company of Google, is in advanced talks to acquire cybersecurity startup Wiz for about $23 billion, the Wall Street Journal reported Sunday, citing people fami...

 Tesla’s Market Share Is Below 50%. Here’s the Upside.

Tesla’s Market Share Is Below 50%. Here’s the Upside.

July 15, 2024 01:23 AM AEST| By EODHD

Tesla sold about 164,000 EVs to Americans in the second quarter, down about 6% from the same time last year. Its market share dropped to 49.7% from 59.4% a year ago. That’s all OK. Continue reading Vi...

 Amazon Hits Prime Time for Earnings Expansion

Amazon Hits Prime Time for Earnings Expansion

July 14, 2024 09:30 PM AEST| By EODHD

Advertising and cloud growth have boosted margins and made the stock’s valuation cheaper even as the company’s market cap surges past $2 trillion. Continue reading View comments

 Elon Musk endorses Trump after shooting at campaign rally as political risk expert warns ‘US democracy in crisis’

Elon Musk endorses Trump after shooting at campaign rally as political risk expert warns ‘US democracy in crisis’

July 14, 2024 10:43 AM AEST| By EODHD

Tesla CEO Elon Musk endorsed Donald Trump on Saturday, just minutes after a shooting at a campaign rally injured the former president. On his social media platform X, Musk tweeted "I fully endorse Pre...

 CHAMPION IRON TEMPORARLY SHUTS DOWN OPERATIONS AS A PREVENTIVE MEASURE IN RESPONSE TO FOREST FIRES IN THE REGION

CHAMPION IRON TEMPORARLY SHUTS DOWN OPERATIONS AS A PREVENTIVE MEASURE IN RESPONSE TO FOREST FIRES IN THE REGION

July 14, 2024 02:31 AM AEST| By EODHD

MONTRÉAL, July 13, 2024 /CNW/ - (Sydney, July 14, 2024) - Champion Iron Limited (TSX: CIA) (ASX: CIA) (OTCQX: CIAFF) ("Champion" or the "Company") is temporarily shutting down operational activities a...

 Tesla Pauses After Huge Run Amid Robotaxi News; BYD Breaks Out Amid Big Overseas Move

Tesla Pauses After Huge Run Amid Robotaxi News; BYD Breaks Out Amid Big Overseas Move

July 13, 2024 10:41 PM AEST| By EODHD

Tesla halted a huge run on reports that a robotaxi event will be delayed. BYD has broken out amid booming sales and big overseas push. Continue reading View comments

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