Dow Jones Gets Huge Boost: Goldman Sachs Soars 9%

Dow Jones Gets Huge Boost: Goldman Sachs Soars 9%

Dow Jones Gets a Boost on Bank Earnings. Image Shutterstock. The Dow Jones Industrial Average received a huge boost today as Goldman Sachs reported higher than expected earnings for the fourth quarter of 2018. Goldman Sachs delivered adjusted earnings per share (EPS) of $6.05 against analyst’s predictions of $4.53. Its revenue hit $8.08 billion exceeding…

Mike Novogratz’s Galaxy Digital Hires Goldman Sachs Exec for Blockchain Unit

Mike Novogratz’s Galaxy Digital Hires Goldman Sachs Exec for Blockchain Unit

Advertisement Twitter Facebook LinkedIn Mike Novogratz’s crypto investment bank, Galaxy Digital Capital Management, hired Goldman Sachs banker Ian Taylor to oversee the group’s advisory-services arm. Taylor will join Galaxy Digital before January 2019, sources told Bloomberg. Taylor was a managing director at Goldman, where he worked for almost 19 years, according to his LinkedIn profile.…

$112 Billion Korean Money Manager Asks for Goldman Sachs’ Crypto Experts

$112 Billion Korean Money Manager Asks for Goldman Sachs’ Crypto Experts

Advertisement Korea Post, South Korea’s national postal service operator which also oversees a $112 billion investment fund has sought Goldman Sachs’ assistance in learning about cryptocurrencies. Korea Post will meet the executives from the Goldman Sachs’ crypto research group in Hong Kong this month, Bloomberg reported. The congregation would see an educated round up between…

We Expect Future Bitcoin Price Declines: Goldman Sachs

We Expect Future Bitcoin Price Declines: Goldman Sachs

Advertisement Investment banking giant Goldman Sachs may be launching a cryptocurrency trading desk, but that doesn’t mean that the firm is going to start making bullish bitcoin price calls. Goldman Sachs Makes Bearish Bitcoin Price Call Writing in the firm’s midyear economic outlook report, a team of Goldman investment strategists predicted that, despite having already…

Bitcoin Price Could Hit $15,000 This Year: Fmr. Goldman Sachs Exec.

Bitcoin Price Could Hit $15,000 This Year: Fmr. Goldman Sachs Exec.

Advertisement Christopher Matta, a former vice president of investment management division at Goldman Sachs, still maintains he would invest his mother’s money in bitcoin. A callout box on the TV screen noted Matta believes a return to $15,000 for bitcoin is attainable. Now the co-founder of Crescent Crypto Asset Management, told CNBC’s “Fast Money” in June…