GENNIEFY
Market News
Latest financial news and analysis from global markets
GS
Equities Mostly Rise Intraday; Oil Prices Advance Amid Hormuz Blockade
US benchmark equity indexes were mostly higher intraday, while oil prices rose as traders kept an ey
AMZN
Slate Auto raises $650 million for affordable EV pickup
The Jeff Bezos-backed startup has taken more than 160,000 reservations and plans to begin deliveries by year-end
MCD
McDonald's Expands Beverage Menu With Energy Drinks
New offerings aim to capture growing demand for flavored and functional drinks
SBUX
McDonald's Expands Beverage Menu With Energy Drinks
New offerings aim to capture growing demand for flavored and functional drinks
NVDA
The More Artificial Intelligence (AI) Models That Come Out, the More I'm Convinced Apple Has the Right Strategy
Apple could save a ton of money by simply being patient.
INTC
The More Artificial Intelligence (AI) Models That Come Out, the More I'm Convinced Apple Has the Right Strategy
Apple could save a ton of money by simply being patient.
AAPL
The More Artificial Intelligence (AI) Models That Come Out, the More I'm Convinced Apple Has the Right Strategy
Apple could save a ton of money by simply being patient.
WMT
Walmart adds exclusive flavor of popular cereal
Fast-food chains and Starbucks made the practice of limited-time-offers (LTO) popular, and now grocery chains and product manufacturers have gotten into the same game. Sometimes a manufacturer will offer an LTO across all its partners. That's something you see with seasonal Oreo and M&M ...
SBUX
Walmart adds exclusive flavor of popular cereal
Fast-food chains and Starbucks made the practice of limited-time-offers (LTO) popular, and now grocery chains and product manufacturers have gotten into the same game. Sometimes a manufacturer will offer an LTO across all its partners. That's something you see with seasonal Oreo and M&M ...
PEP
Walmart adds exclusive flavor of popular cereal
Fast-food chains and Starbucks made the practice of limited-time-offers (LTO) popular, and now grocery chains and product manufacturers have gotten into the same game. Sometimes a manufacturer will offer an LTO across all its partners. That's something you see with seasonal Oreo and M&M ...
KO
Walmart adds exclusive flavor of popular cereal
Fast-food chains and Starbucks made the practice of limited-time-offers (LTO) popular, and now grocery chains and product manufacturers have gotten into the same game. Sometimes a manufacturer will offer an LTO across all its partners. That's something you see with seasonal Oreo and M&M ...
GS
Goldman Sachs tops estimates but sees weak fixed income trading
<body><p>STORY: Goldman Sachs beat expectations for quarterly profit on Monday, driven by strength in dealmaking and equities trading.</p><p>But shares of the bank fell as much as four-and-half percent Monday morning due to weakness in the company's fixed income, currencies and commodities trading.</p><p>Revenue from that division fell 10% to $4 billion in the first quarter, hit by a slowdown in interest rate trading, mortgages and credit products.</p><p>:: File</p><p>Goldman's stock recovered some ground by midday after CEO David Solomon expressed optimism about the outlook for dealmaking despite the volatility caused by the war in Iran and concerns around AI-driven disruption.</p><p>The bank's equities trading business had a record quarter, with revenue from trading intermediation and financing rising 27% to $5.3 billion, as volatile markets - roiled by the Iran war and rising oil prices - prompted clients to reassess portfolios and hedge downside risks.</p><p>:: Unilever</p><p>:: McCormick</p><p>The investment bank also consulted on some of the first quarter's biggest deals, including Unilever's planned merger of its food business with McCormick, and Equitable's proposed tie-up with fellow insurer Corebridge.</p><p>Those helped propel Goldman's investment banking fees for the quarter to more than $2.8 billion, a 48% jump from one year ago.</p></body>