Goldman Sachs plans to double its lending to wealthy private bank clients in the next five years. Goldman Sachs plans to double its lending to wealthy private bank clients with account sizes surpassing $10 million in the next five years.
Investors
Amazon to Launch Discount Store to Compete Against Shein, Temu
Amazon revealed plans to launch a dedicated low-price fashion and lifestyle online store to allow Chinese sellers to ship directly to consumers in the United States.
Trump Media Rebounds After Stock Price Halved Amid Investor Uncertainty
After a significant decline due to potential massive share sell-offs, Trump Media & Technology Group's stock is bouncing back, with the company projecting substantial cash inflows from warrant exercises.
Barron Trump and Martin Shkreli Allegedly Behind DJT TrumpCoin, Value Surges 385%
Martin Shkreli claims he advised Donald and Barron Trump on creating the DJT crypto token, which has surged in value to over $150 million amid speculation about the Trump family's involvement.
Google to Invest Additional $2.3 Billion in Central Ohio Data Center Expansion
Google announced a $2.3 billion investment to support its data center campuses in central Ohio, adding to the $4.4 billion already spent since 2019, to enhance its global services infrastructure.
Latest News
Wise's stock plunged 10% after projecting slower revenue growth, expecting a 15-20% income increase for FY ending March 2025, down from 31% last year.
Marubeni Corporation recently announced that it was participating in the development and operation of an industrial park in Vietnam run by a subsidiary of the Thai industrial developer Amata Corporation.
Tesla rallies retail investors through social media to support Elon Musk's $56 billion payday package as it faces divided opinions from bigger investors.
Vistra Corp., a Texas-based power producer, heads for a massive 14% weekly loss since 2021 as investors retreated from AI-driven electricity demand bets.
GameStop shares rose again after meme stock leader Keith Gill scheduled a YouTube live session. GameStop saw its shares surge again on Thursday, June 6, after meme stock leader Keith Gill, also known as "Roaring Kitty," scheduled a YouTube return.
Intel Corp. and Apollo Global Management announced a joint venture to invest $11 billion in a chip-manufacturing facility in Ireland, with Apollo acquiring a 49% stake from Intel, aiming to close the deal in the second quarter.
Billionaire bitcoin investor and MicroStrategy founder Michael Saylor will pay $40 million to settle a tax fraud lawsuit brought by Washington, DC, Attorney General Brian Schwalb.
E*Trade is considering banning meme-stock influencer Keith Gill from its platform due to concerns about potential stock manipulation following his recent large purchases of GameStop options.
Mexican assets plummeted on Monday after Claudia Sheinbaum's landslide victory and substantial congressional majority raised fears of anti-market reforms, with the peso falling 4% before partially recovering.
