Goldman Sachs' Ryan Nolan, a partner in the technology, media and telecommunications group and global co-head of software investment banking, is leaving the bank, according to a memo seen by Reuters on Thursday.

"In our view this is a correction and not the start of a sustained bear market," Goldman Sachs said. DeepSeek sparked a $1 trillion market rout on Monday.

Goldman Sachs has hired Daniel Marcu from Amazon.com as its global head of artificial intelligence engineering and science to help develop and refine artificial intelligence platforms and products, according to a memo seen by Reuters.

Shares of vaccine maker Moderna fell Wednesday as Goldman Sachs lowered its rating after the biotech’s second cut to product revenue guidance in six months.

When news of Solomon’s bonus was released, a lot of folks here just rolled their eyes,” one equities trader told The Post. “Of course, that is where our money went.”

DeepSeek’s breakthrough is “a wake up call” that adds to market concentration risks, Oppenheimer and team say: a reminder that benefits from any revolutionary technology don’t automatically accrue to big spenders at the start of the adoption cycle, and that competition humbles even the biggest companies.

Goldman Sachs CEO David Solomon promoted a slew of top bankers on Tuesday to run the firm’s biggest business units, just days after the bank boss was awarded a pair of massive bonuses. The

The companies have worked together in the logistics real estate sector since 2020, focusing on last-mile industrial properties and distribution centers. The newly acquired portfolio with strategic assets across Dallas,

Treasury yield is hovering just above a six-week low around 4.50% as investors continue to digest Wednesday’s monetary policy update from the Federal Reserve. The U.S. central bank left interest rates unchanged at a range of 4.

Tesla (NASDAQ:TSLA) will be under the Street’s microscope today with the EV giant slated to release 4Q24 results after the close. Investors

The report comes as tech stocks, led by the Magnificent Seven—think Apple, Microsoft, Google, and their mega-cap friends—take a hit after DeepSeek’s debut.

Goldman expanded its management-committee ranks and installed a number of senior leaders in top positions throughout its investment bank.