Despite recent setbacks with its credit card, Apple's financial services ambitions remain intact. The Wall Street Journal reported that Apple is looking to end its credit card partnership with Goldman Sachs within the next 12 to 15 months. While many might see this as a sign of trouble, it's important to note that it is not indicative of a larger problem. The partnership … [Read more...] about Apple’s Credit Card Partnership with Goldman Sachs
Goldman Sachs
Dollar Tree Stock Upgraded by Goldman Sachs
Shares of discount chain Dollar Tree Inc. have experienced a decline of 17.9% so far this year. Concerns primarily revolve around cautious consumer spending, competition from online discounters worldwide, and the possibility of the company having to invest more to attract employees and reduce prices to remain competitive. Despite these challenges, there is good news for Dollar … [Read more...] about Dollar Tree Stock Upgraded by Goldman Sachs
Banks Settle Antitrust Suit for $500 Million
In a significant development, JPMorgan Chase & Co. (JPM), Morgan Stanley (MS), Goldman Sachs Group Inc. (GS), UBS Group AG (UBS), and EquiLend have agreed to pay a combined sum of $500 million to settle a long-standing antitrust suit. The lawsuit, which was led by four pension funds and advisory firm Torus Capital LLC, accused the banks and their joint venture, EquiLend, of … [Read more...] about Banks Settle Antitrust Suit for $500 Million
