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Goldman Sachs: 10 Reasons Why Stock Risks Rise In The Second Half Of 2024
Tuesday, July 2, 2024 - 3:56pm | 795The U.S. stock market enjoyed an impressive performance throughout the first half of the year — the 21st best since 1900. As we move into the second half of 2024, equity investors face greater risks, according to a Goldman Sachs note issued Tuesday. Below are 10 reasons why equity analyst Peter...
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New Economic 'Super Cycle' Spurred By AI And Decarbonization Is On The Horizon: Goldman Sachs Analyst
Tuesday, January 9, 2024 - 4:28am | 719The global economy is poised to transition into a fresh phase of growth, propelled by the explosion of artificial intelligence (AI) and efforts towards decarbonization, says a Goldman Sachs analyst. What Happened: Peter Oppenheimer, a Goldman Sachs analyst, conveyed this prediction during...
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3 Stocks To Double Down On In 2022
Wednesday, February 16, 2022 - 7:11pm | 664The markets are entering somewhat uncertain territory, as the S&P 500 recently experienced its 39th correction since the beginning of 1950 due to a combination of the omicron fears, and the anticipation of the Fed raising rates to curb the surge of inflation. This has led to...
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What Goldman Sachs Thinks Of The Brexit
Friday, June 24, 2016 - 9:46am | 310Britain’s surprise vote to exit the Eurozone sent global financial markets crashing on Friday, and traders are now left wondering how the Brexit will play out in the long run. According to Goldman Sachs analyst Peter Oppenheimer, Europe and the U.K. now face a future of significantly weaker...
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We're Going To Need A Bigger Helicopter: Goldman Sachs Says Long-Term Growth Prospects In US Are Deteriorating
Thursday, June 9, 2016 - 6:45pm | 558The storyline of a global recovery following almost a decade of historically unmatched central bank intervention remains grounded in hubris. The real economic impact of the past nine years has been irreversibly detrimental. Market participants have become so focused on the short-term, the next...
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Goldman Sachs' Favorite European Country Indices Amid Greece Drama
Monday, June 29, 2015 - 12:58pm | 385While Greece has been stealing all the headlines in Europe in recent weeks, Goldman Sachs analyst Peter Oppenheimer has been looking behind the Greece headlines to the economic health of the Eurozone as a whole. In a new report, Oppenheimer discusses Goldman’s favorite Eurozone country...
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How Many Leaders Can Apple Live Without?
Thursday, April 3, 2014 - 12:25pm | 563From Steve Jobs, Scott Forstall and Ron Johnson to John Browett, Jerry McDougal and Peter Oppenheimer, Apple (NASDAQ: AAPL) has become a revolving door for senior executives. Some critics, such as Global Equities Research analyst Trip Chowdhry, think that Apple needs to take its executive...
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Market Wrap For March 4: Bulls Take Over As Ukraine Fears Dissipate
Tuesday, March 4, 2014 - 5:37pm | 2664U.S. stocks recovered and posted strong gains as concerns over a military conflict involving Russia and Ukraine dissipated overnight. The Dow posted a triple digit point gain, recording its best day of the year. The S&P 500 surged to new all time highs of 1,876.23 while the Nasdaq hit new...
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Is Apple VP Luca Maestri A Good Replacement For Peter Oppenheimer?
Tuesday, March 4, 2014 - 4:39pm | 922Apple's (NASDAQ: AAPL) finances are about to be placed in new hands. The Cupertino, California-based tech giant has announced that its Senior VP and Chief Financial Officer, Peter Oppenheimer, will retire at the end of September. Oppenheimer joined Apple in 1996 and became CFO in 2004. He...
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Market Wrap For March 3: Markets Lower On Ukraine Tension
Monday, March 3, 2014 - 5:57pm | 2716U.S. stocks traded lower as investors worry Russia's next step in its use of military force in Ukraine. The Dow saw its worst day in a month while other major indices finished noticeably lower. Investors moved away from equities and found what is believed to be a safe haven in gold and other...
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Apple Down 5% After Q1 Earnings Beat, 51 Million iPhones Sold
Monday, January 27, 2014 - 5:46pm | 523Apple (NASDAQ: AAPL) is down more than five percent after the company reported its first quarter results. The Cupertino, California-based tech giant sold 51 million iPhones and 26 million iPads during the quarter, and reported a Q1 EPS of $14.50 versus the Street estimate of $14.08. Earnings...
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Low-Cost iMac and a Scary Chart Top Apple's Weekend News
Monday, October 14, 2013 - 10:29am | 562It’s Monday and although the Washington lawmakers couldn’t come to an agreement on the shutdown or debt ceiling, at least there was some interesting news surrounding Apple (NASDAQ: AAPL). Here’s what you may have missed after markets closed Friday. Apple to Launch a Lower-cost iMac? Analyst...
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A Quick Look Proves the Apple Rumor Mill is Amazingly Accurate (AAPL)
Monday, September 16, 2013 - 9:13am | 619The world has had nearly a week to digest everything that came from (and didn’t) from the big Apple (NASDAQ: AAPL) event on September 10, but turn your attention to the rumor mill for a few minutes. As everybody knows, keeping up with all things Apple is a full-time job for some, but how much...
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Global Equities Analyst Says iPod Creator Jon Rubinstein Would be Better for Apple as CEO than Tim Cook
Wednesday, July 31, 2013 - 10:11am | 191In a report released early Wednesday morning, Global Equities analyst Trip Chowdhry stated that if Apple (NASDAQ: AAPL) is to resolve the problems that plague the company, it will need new leadership. Specifically, a new CEO and CFO. Chowdhry went on to say that innovative products, demand and...
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Benzinga Market Primer: Wednesday, July 24: Apple Earnings Beat
Wednesday, July 24, 2013 - 6:28am | 1333Futures Higher After Apple Earnings U.S. equity futures rose in the pre-market after Apple (NASDAQ: AAPL) reported better than expected third quarter results. Also, CFO Peter Oppenheimer hinted at many new products later this year when he said on the conference call that Apple will have a "very...