Goldman just updated its global list of top stocks — and gives 5 over 70% upside
Goldman Sachs announced its top global stock picks for November, rating five stocks with an over 70% upside.
Kimberly-Clark CEO talks Kenvue acquisition, calls Tylenol brand ‘resilient’
Kimberly-Clark CEO Mike Hsu discussed his company’s $48.7 billion acquisition of Kenvue in a Monday interview with CNBC’s Jim Cramer.
Norway’s mega wealth fund to reject Elon Musk’s $1 trillion Tesla pay package
Managers of the world’s largest sovereign wealth fund said they are “concerned” about the proposed deal.
Binance CEO dismisses claims the firm boosted a Trump crypto venture ahead of CZ pardon
The CEO of Binance has dismissed claims the company went out of its way to boost a Trump-backed stablecoin ahead of pardon of its co-founder Changpeng Zhao.
Nintendo hikes Switch 2 sales forecast to 19 million units as flagship console momentum grows
Nintendo is riding a wave of momentum after launching its latest console called the Switch 2.
Oil giant BP beats third-quarter profit expectations despite weaker crude prices
BP’s results come just over eight months after the company launched a fundamental strategic reset.
Goldman Sachs, Morgan Stanley warn of a market correction: ‘Things run and then they pull back’
Global markets may be due for a reality check after this year’s relentless rally, said Goldman Sachs and Morgan Stanley.
HSBC, General Atlantic CEOs flag AI capex-revenue mismatch, ‘irrational exuberance’
Alphabet, Meta, Microsoft, and Amazon collectively expect $380 billion in capex this year, while OpenAI has announced $1 trillion in infrastructure deals.
World’s largest oil company Aramco reports higher third-quarter net profit on production boost
Third-quarter revenue came in at 418.16 billion Saudi riyals from 416.63 billion Saudi riyal in the same period of the previous year.
Cash-strapped governments are increasingly eyeing citizens’ retirement pots — and experts are sounding the alarm
As fiscal pressures deepen, governments around the world are increasingly tapping into a tempting source of capital: their citizens’ retirement savings.