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Goldman Sachs Q4 Profit Surges 58%, Tops Estimates

Goldman Sachs Group Inc. reported Tuesday that profit for the fourth quarter surged 58 percent from last year, reflecting 41 percent lower provisions for bad loans and 7 percent net revenue growth. Both earnings and quarterly revenues topped analysts' expectations.
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Last Week's Weak Show By The Dollar

Last Week's Weak Show By The Dollar

The U.S. Dollar recorded a mixed performance in the week spanning January 8 to 12, weakening against the euro and the British Pound but gaining against the Australian Dollar and the Japanese Yen.
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Goldman Sachs Q4 Profit Surges

Goldman Sachs Q4 Profit Surges

Goldman Sachs Group Inc. (GS) reported Tuesday that net earnings applicable to common shareholders for the fourth quarter surged to $1.87 billion or $5.48 per share from $1.19 billion or $3.32 per share in the prior-year quarter.
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InMode Boosts FY23 Adj. EPS Outlook

InMode Boosts FY23 Adj. EPS Outlook

Based on preliminary financial results for the fourth quarter and full year 2023 on Tuesday, medical technology firm InMode Ltd. (INMD) currently expects adjusted earnings for the fourth quarter in a range of $0.68 to $0.69 per share on revenues between $126.0 million and $126.5 million.
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German Economic Confidence Unexpectedly Improves

German Economic Confidence Unexpectedly Improves

German economic sentiment logged an unexpected improvement to reach a near one-year high in January as market experts expect interest rate cuts in the first half of the year, survey results from the think tank ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment rose to 15.2 in January from 12.8 in December. The reading was forecast to fall to 12.0. The latest score was the highest since
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Softening UK Wage Growth Boosts Rate Cut Hopes

Softening UK Wage Growth Boosts Rate Cut Hopes

The UK wage growth softened in the three months to November suggesting that the upward inflationary pressures are cooling, and bolsters the case for interest rate cuts by the Bank of England. Average earnings including bonuses increased at a slower pace of 6.5 percent in the three months to November after a 7.2 percent gain in the preceding period, the Office for National Statistics said Tuesday
RTTNews | 575 hari yang lalu
Apple To Remove Blood Oxygen Sensor From Series 9, Ultra 2 Smartwatches

Apple To Remove Blood Oxygen Sensor From Series 9, Ultra 2 Smartwatches

Apple Inc. is removing a blood-oxygen feature from its latest Series 9 and Ultra 2 smartwatches with a view to avoiding a U.S. ban amid the ongoing patent dispute with medical-technology company Masimo Corp. As per a filing by Masimo with the U.S. Court of Appeals for the Federal Circuit, Apple's redesigned watch products definitively do not contain pulse oximetry functionality.
RTTNews | 575 hari yang lalu
European Shares Retreat As Rate Cut Hopes Fade

European Shares Retreat As Rate Cut Hopes Fade

European stocks traded lower on Tuesday as traders pared back expectations on near-term rate cuts by the U.S. Federal Reserve and the European Central Bank.
RTTNews | 575 hari yang lalu

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