Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation.

Goldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a program that will eventually take on the traits of a seasoned Goldman employee,

Morgan Stanley raised the firm’s price target on Goldman Sachs (GS) to $782 from $736 and keeps an Overweight rating on the shares after the

Goldman Sachs and UBS have emerged as the leading mergers and acquisitions (M&A) financial advisers in South America for 2024, in terms of deal value and volume, respectively, according to the latest league table from GlobalData, a data and analytics firm.

The ways AI is changing the work of bankers and analysts just got clearer at the Wall Street bank.

The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.

"There's still a lot of alpha generation to come," says Morgan Stanley's Global Head of Research Katy Huberty. See the dates that JPMorgan, Goldman Sachs, Morgan Stanley, and more are expected to ...

Fourth-quarter 2024 profits at Bank of America (BAC) and Morgan Stanley (MS) more than doubled, cementing a Wall Street revival that has dealmakers optimistic about the coming Trump era in 2025. Strong investment banking and trading results also helped push profits higher at other big banks in the fourth quarter,

Goldman Sachs (GS) is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a

Morgan Stanley: This Zacks Rank #2 (Buy ... of buoyant equity markets and rate cuts this year, along with Goldman Sachs' leadership position, lent it an edge over its peers.

Among the S&P 500’s eleven sectors, Financials are expected to report the highest year-over-year earnings growth at nearly 40 percent, according to FactSet. Banks make up so much of that gain that if they were excluded from the sector, that figure would fall to 11 percent.

Bank of America and Morgan Stanley are next up in a series of bank earnings reports due out this week. The firms report fourth-quarter results on Thursday morning. Their competitors—JPMorgan Chase, Wells Fargo,