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Goldman Sachs profit beats estimates as traders ride volatile markets

Goldman Sachs profit beats estimates as traders ride volatile markets

By Saeed Azhar and Niket NishantNEW YORK (Reuters) -Goldman Sachs beat first-quarter profit estimates as its traders capitalized on volatile markets to bring in record equities revenue, but the bank’s CEO warned of a difficult environment ahead.The Wall Street bank joined rivals JPMorgan Chase (NYSE:JPM) and Morgan Stanley in reporting higher profits, but investors are more focused on future pro ...

2025-04-15 01:04:22
CVC explores bid for US private lender Golub Capital, FT reports

CVC explores bid for US private lender Golub Capital, FT reports

(Reuters) - (This April 11 story has been corrected to say that Golub was founded in 1994, not 1991 in paragraph 3, to remove an unrelated stock symbol in paragraph 1 and to drop paragraph 4 to remove the reference to shares) European private equity firm CVC is exploring a deal for $75 billion private credit lender Golub Capital, the Financial Times reported on Friday, citing several people famili ...

2025-04-15 01:02:34
Alibaba, Palantir Lead Market Cap Stock Movers on Monday

Alibaba, Palantir Lead Market Cap Stock Movers on Monday

Monday’s market has seen notable movements with some stocks climbing sharply, while others experience declines. The trading day has been particularly eventful for mega-cap and large-cap stocks, with companies like Alibaba-exch (BABA) and Palantir Technologies Inc (NASDAQ:PLTR) making significant moves. Here’s a look at some of the biggest stock movers across various market cap ranges.Mega-Ca ...

2025-04-15 00:59:48
Apple takes top spot for first-quarter smartphone sales, data shows

Apple takes top spot for first-quarter smartphone sales, data shows

By Zaheer Kachwala(Reuters) -Apple took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e’s launch and strong demand in countries such as Japan and India, data from Counterpoint Research showed on Monday. Apple (NASDAQ:AAPL) had 19% of the smartphone market, despite flat or declining sales in the U.S., Europe and China, followed by Samsung (KS:005930) wi ...

2025-04-15 00:58:28