beating analyst expectations on both the top and bottom lines. UBS's US Brokers and Asset Managers Analyst Brennan Hawken joins Yahoo Finance to discuss why Goldman Sachs stock"makes a ton of sense" for investors.
The analyst observes that the first quarter is"typically a seasonally strong quarter for investment banking." While cautioning that Goldman Sachs' earnings shouldn't be viewed as a straightforward trend, Hawken acknowledges that the results have demonstrated"they've repositioned this franchise in order to drive earnings.
Investors are overlooking a key sector of the stock market. 3 reasons market pros see big upside in energy If you've ever wondered how the truly wealthy amassed their fortunes, you're not alone. Surprisingly, it isn't solely their formidable entrepreneurial instincts or innate talent for disrupting...BERLIN -Tesla told staff it is laying off more than 10% of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles .