David Kostin

Major U.S. indices witnessed marginal declines in premarket trading on Monday amid mixed global trade. This week, investors will be closely watching key economic indicators, with inflation data in particular focus. Wednesday’s release of November’s consumer price index will provide...

Wall Street analysts are painting optimistic pictures for the U.S. stock market heading into 2025, with the S&P 500 index — as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY) — expected to climb to 6,500 points by year's end, according to both Goldman Sachs and Morgan Stanley. That...

The stock market rally for 2024 has reached its peak, according to Goldman Sachs. The firm’s chief U.S. equity strategist, David Kostin, has predicted a flat return for the S&P 500 for the remainder of the year. What Happened: Kostin mentioned in an interview with Bloomberg TV that there...

The S&P 500 could witness a further 15% surge by the end of 2024, driven by the ongoing exceptional performance of mega-cap tech stocks, according to a recent note from Goldman Sachs. What Happened: The bank’s chief equity strategist, David Kostin, suggested that the S&P 500 could...

From the deployment of AI in day-to-day operations to potential applications in improving productivity, Goldman Sachs provided insight into the transformative potential of generative AI on U.S. equities. What Happened: Goldman's note, issued to investors Wednesday, discusses the disruptive...

Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...

Investors who hold one or more of the "FANG" stocks shouldn't be worried about a slowing economy, according to Goldman Sachs' chief U.S. equity strategist David Kostin. Speaking as a guest on CNBC's "Squawk on the Street" Wednesday, Kostin backed up his thesis that...

The world's most notable investor Warren Buffett is no fan of share buybacks. The "Oracle of Omaha" consistently argues companies that buy back their own stock aren't generating shareholder value, rather, they are destroying it over the long term at the expense of appeasing shareholders in the near...

The SPDR S&P 500 ETF Trust (NYSE: SPY) is up more than 10 percent since President Donald Trump won the election in November on optimism that Trump’s policies of corporate tax cuts and deregulation will create tailwinds for U.S. businesses. Trump has hired several current and former...

There are plenty of exchange-traded funds offering investors access to hedge fund strategies and exposure to stocks widely held among hedge funds. Count the Goldman Sachs Hedge Industry VIP ETF (NYSE: GVIP) as the latest entrant to that fray. VIPs Among 'Holdings Held By Hedgers' ETFs GVIP, which...

How about this for some irony? According to a Bloomberg report, the S&P 500 index is higher by around 6 percent, but Goldman Sachs' index of the stocks most favored by mutual funds are just flat year-to-date. Meanwhile, a basket of stocks that includes the least favored stocks has performed...

The S&P 500 rattled the confidence of investors with its sharp 2.4 percent drop to close last week’s trading. However, Goldman Sachs analyst David Kostin believes stocks still have more downside ahead in 2016’s closing months. In a new report, Kostin discusses Goldman’s...

In a recent tweet, CNBC Senior Markets Commentator Michael Santoli pointed out how WhiteWave Foods Co (NYSE: WWAV) stock is now up 215.8 percent since its May 2013 spinoff from parent company Dean Foods Co (NYSE: DF), which is down 5.9 percent over the same period. But, WhiteWave is not the...

Goldman Sachs' Strategist David Kostin reiterated a view Benzinga covered last weekend, which is that corporations are the primary buyers of U.S. equities in 2016. Kostin says 2015 was the second-largest year for corporate buybacks since 1952, excluding 2007. As for 2016, he expects...

Share repurchase programs have been an increasingly popular way for companies to deploy excess cash. Buybacks have also been increasingly vilified, as critics assert that the cash would be better used to reinvest the business, hire new workers, reduce debt or make acquisitions. The companies that...