Goldman Sachs Group Inc. partner Chris Kojima resigned to take a senior role at General Atlantic, according to people with knowledge of the matter.
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Strong earnings will reverse decline in megacap tech stocks: Goldman SachsStrong upcoming earnings results could reverse the decline in mega-cap technology and growth stocks, which have been hammered by the rise in Treasury yields and are trading at their cheapest levels in six years by one measure, according to Goldman Sachs strategists. The so-called Magnificent Seven group of megacap stocks -Apple, Microsoft, Amazon.com, Alphabet, Nvidia, Tesla, and Meta Platforms - have fallen 7% over the last two months, compared with a 3% decline in the broad S&P 500, as Treasury yields jumped more than 60 basis points to 16-year highs. Those declines have pushed mega-cap forward price-to-earnings ratios down by a collective 20% over the last two months, leaving them trading at their largest discount to the market based on long-term growth since January 2017, Goldman Sachs said in a note dated Oct. 1.
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Strong earnings will reverse decline in megacap tech stocks: Goldman SachsBy David Randall NEW YORK (Reuters) - Strong upcoming earnings results could reverse the decline in mega-cap technology and growth stocks, which have ...
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Strong earnings will reverse decline in megacap tech stocks: Goldman SachsThe so-called Magnificent Seven have fallen 7% over the last two months, compared with a 3% decline in the broad S&P 500
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Nvidia stock rises after Goldman Sachs adds to 'Conviction List'Shares of Nvidia (NVDA) are rising this morning as Goldman Sachs added the chipmaker to its 'Conviction List.' Other additions to the list include Okta (OKTA) , Cintas (CTAS) , and Quanterix (QTRX), while removing Salesforce (CRM) and Johnson Controls (JCI) from the list. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Goldman Sachs executive Chris Kojima to leave, memo saysBy Saeed Azhar NEW YORK (Reuters) - Chris Kojima, an executive in Goldman Sachs asset and wealth management unit, will leave the investment bank after ...
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UL Solutions Is Said to Pick JPMorgan, Goldman Sachs to Lead IPOUL Solutions Inc. is working with JPMorgan Chase & Co. and Goldman Sachs Group Inc. on a planned initial public offering, according to people familiar with the matter.
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