The data of some Goldman Sachs clients reportedly may have been exposed due to a cybersecurity incident at one of the bank's law firms. Goldman Sachs alerted investors in some of its alternative investment funds that they may have been impacted by a data breach at Fried Frank Harris Schriver & Jacobson LLP, Bloomberg reported Wednesday (Dec. 24).
While artificial intelligence (AI) has dominated headlines for much of the year, and sent many tech stocks soaring, some of the strongest performance across equities has come from far less glamorous corners. Bank stocks are in the middle of a standout run, with the Financial Select Sector SPDR ETF NYSEARCA: XLF having just hit an all-time high.
President Donald Trump's move to relax federal marijuana regulations has been welcomed by the US cannabis industry, but it has not changed the sector's most persistent challenge. Access to mainstream banking remains limited, even as regulatory pressure eases, reports Reuters.
New capital accelerates Neural Concept's ability to deliver transformative technologies and enterprise-wide AI impact across advanced industrial workflows. Platform delivers CAD-native, physics-aware AI and deep reasoning for engineering, saving customers $50 million annually, reducing late-stage redesigns by 30-50% and accelerating time to market by up to two years.
Capital market activity is rebounding as favorable market conditions encourage IPOs and M&A. The total deal value of mergers and acquisitions has surged, driven by major transactions, divestitures, and investments in artificial intelligence (AI).
Goldman Sachs Group has hired Brian Cayne, a co-founder of boutique tech investment bank Qatalyst Partners, as a global co-head of its software investment banking group, according to people familiar with the matter.
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.