Goldman Increases Profit 28% 📱WIRE HGTY 📈 DJT BHVN 📉

FlowBank's hand-curated fresh financial news [header_noDither] Goldman Sachs Smashes Q1 Expectations Goldman Sachs reported a strong first quarter, surpassing analysts' expectations with a 28% increase in profit to $4.13 billion and a 16% rise in revenue to $14.21 billion, driven by robust gains in trading and investment banking. The bank experienced significant growth in fixed income and equities trading, and a notable surge in investment banking fees, contributing to an overall share increase of about 3%. Despite this, the asset and wealth management division only met, not exceeded, forecasts. WHAT'S MOVING [Group 1742 (68)-1] [Start Trading](113/cXx8Z04/VX9zbJ1H1jLrW4LGkl417ddKxW2sbCLr5cZ7G1N3NdJGs2-ZVTW6N1vHY6lZ3lfVgPnbC2JPJlZW4GN2xn59p11fV_1fK61cy7JgW6YmHRC7Nf2PjW4kR2k346h3rnW87Wlx07vLR3BW6ZkCvp2Y6WqVN3076lrckmVRW7qxdbt31rfVkW63rgD82gGW1-W6Q_2L25cpn2FW4fb8Yx7Y0Vq8N72f541cd7h6W7FYVkN78WQ-fW1vQRMh17yRsTVscCCJ4DpSXgW97pCNT1Qh3G9W5dn0Wp8YXH_zW2R5JfY9f4lxLW3N1KYd67SVTLW5g_hPJ44Md6JW5GScS15f49J1f8wLYQg04) [Group 1754 (17)] Salesforce Salesforce's stock dropped 7% following reports of its negotiations to acquire Informatica, potentially its largest purchase since Slack. [Group 3 (66)-1] Baidu Baidu's Ernie bot, similar to ChatGPT, surpassed 200 million users and announced a 50 million yuan AI development competition prize. [Group 1753 (17)] Tesla Tesla plans to lay off more than 10% of its global workforce as part of cost reduction efforts and increasing productivity, amidst a challenging operational and competitive environment. WHAT'S COMING UP? EUR: German ZEW Current Conditions (Apr): Prev. -80.5 EUR: German ZEW Economic Sentiment (Apr): Exp. 35.9v Prev. 31.7 USD: Fed Chair Powell Speaks IN OTHER NEWS Wall Street U.S. stock futures dipped slightly Tuesday morning following a rough trading day that saw the Dow fall by about 0.65%, erasing most of its gains for the year. The S&P 500 and Nasdaq also dropped, losing 1.2% and 1.79% respectively. [Group 1769] Europe European markets are poised to open lower on Tuesday, influenced by tensions in the Middle East. The UK’s FTSE 100 is set to drop about 1.09%, Germany’s DAX by approximately 1.19%, France’s CAC by around 1.19%, and Italy’s FTSE MIB by roughly 1.27%. Investors are also awaiting earnings reports from Ericsson and LVMH. MARKET INSIGHTS Still Time to Invest in Gold at a Record High? It has been a golden start to 2024 with the price of gold shooting to record highs, north of $1300 per oz. Why have the gold bugs returned and is there still time to buy gold? [Read more](113/cXx8Z04/VX9zbJ1H1jLrW4LGkl417ddKxW2sbCLr5cZ7G1N3NdJFT2-ZVTW5BW0B06lZ3pxW4whXrt906HF_W5fHYh03slSnbW15WRRD45BtkfVsxnsz232z02W1Fkxg46HxB-7W90rv4Q7fcPFlW8BJP6d2321M4W5LDSFt3gYbzJW3YF38J99CLLsW2Y7CYj7StqzgW5F0xff2YTb5HVvCM8J4ZLj7CW7gqmKs2VD0TMW2LlYkv6k5D_YW1qblsH2f7nbfW2BTF5v8vh6d-W24WD5n2Bs9RjW6_rGPX1sDnWWf7JkhYj04) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. 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