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Goldman on hook for nearly $900M loss on Northvolt stake
Goldman funds to take $900 million hit on Northvolt, FT reports
Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed for Chapter 11 bankruptcy earlier this week, Britain's Financial Times reported on Saturday.
Goldman on the hook for nearly $900M loss on Northvolt stake: report
Goldman Sachs (NYSE:GS) will take a nearly $900M hit after Swedish EV battery maker Northvolt filed for chapter 11 bankruptcy protection in the US earlier this week, the Financial Times reported Saturday,
Goldman Funds Take $900 Million Hit on Northvolt Stake, FT Says
Funds managed by Goldman Sachs Asset Management are set to write off almost $900 million on investments in Swedish battery maker Northvolt AB, which filed for bankruptcy protection this week, the Financial Times reported,
2h
Goldman Sachs analyst sees starting point for year-end S&P 500 rally
U.S. stocks could start their year-end rally as early as this week, a top Wall Street analyst suggested Friday, as markets ...
7h
An EV-battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
23h
on MSN
Oil prices could drop 20% in the next 2 years if the US implements tariffs, Goldman Sachs says
Oil prices could drop to the low $60s by the end of 2026 if demand takes a hit from Trump's sweeping tariffs, Goldman Sachs ...
1d
Goldman Sachs expects oil prices to average around $80/bbl in 2024
Goldman Sachs expects Brent prices to average around $80 per barrel this year, despite a 2024 deficit and geopolitical ...
21h
on MSN
Goldman Sachs: Intel Corporation (NASDAQ:INTC) Is A Top AI Growth Investor Stock
We recently made a list of Goldman Sachs’ Top Growth Investors: 34 Stocks With The Highest Investment For Growth. In this ...
19h
Markets Misread Trump Win, Says Ex-Goldman Sachs Analyst: 'Prospects Of Tariffs Not Good For Equities'
As the U.S. dollar scaled a fresh 52-week high on Friday morning at 108.071 level, former Goldman Sachs FX strategist and ...
2d
on MSN
Goldman Sachs' top tech bankers size up the industry's dealmaking landscape
Goldman Sachs' Global Head of Internet Investment Banking, Jane Dunlevie, and Global Co-Head of Software Investment Banking, ...
1d
on MSN
Gold could jump 11% next year as central banks ramp up their buying spree, Goldman Sachs economist says
Central banks are in the midst of a gold buying spree that could continue through 2025, according to Goldman Sachs.
Yahoo Finance
1d
Goldman Sachs: Incyte Corporation (INCY) Is A Top Growth Investor Stock
We recently made a list of
Goldman
Sachs
’ Top Growth Investors: 34 Stocks With The Highest Investment For Growth. In this ...
2d
on MSN
‘New playbook’ on Wall Street powers Goldman Sachs price boost, says analyst
Citi’s Keith Horowitz flags already-lofty valuation for Goldman’s stock, but says it could go higher amid deal optimism.
5d
on MSN
Goldman Sachs: Trump tax cuts, deregulation will boost growth; tariffs could be a drag
Goldman Sachs economists released an analysis that projected that President-elect Trump's tax cuts and deregulation will ...
3d
Goldman Sachs CEO Solomon sees robust capital markets next year, CNBC reports
Goldman Sachs CEO David Solomon expects capital markets to be more robust in 2025, he said in an interview with CNBC on ...
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