May 16 (Reuters) - Goldman Sachs Group Inc said on Thursday it would buy boutique wealth management firm United Capital Financial Partners Inc for $750 million in cash, its biggest deal since the financial crisis.
United Capital is an investment adviser with $25 billion of assets under management and serves 22,000 clients in over 90 offices across the United States. (Reporting by Bharath Manjesh in Bengaluru Editing by Saumyadeb Chakrabarty)
Costco made buying a gold bar as simple as tossing it in a shopping cart. Adam Xi, 33 years old, called five different dealers to get a price he could accept for the gold bar he bought at Costco in October. Costco shoppers are spending as much as $200 million monthly on gold, according to a Wells Fargo estimate.
Super Micro Computer's lack of a preliminary earnings report led to a bloodbath in the sector.
The S&P 500 could bottom out in the next month, according to Fundstrat's head of research Tom Lee.
Super Micro Computer just spooked its investors with a suggestion that it will earn exactly what it promised to earn three months ago.
Recently, Zacks.com users have been paying close attention to Pfizer (PFE). This makes it worthwhile to examine what the stock has in store.
Two more property insurance companies are pulling out of California, leaving more homeowners in the state facing loss of coverage and surging premiums as insurers flee.
A Hungarian company that operates refineries and petrochemical plants, and runs service stations across Central and Eastern Europe, said it is set to begin commercial operation of a 10-MW green […]
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to buy and watch in today's stock market.
If you are still holding to Nvidia stock, here is a key sell signal to watch for: Shares dipped below the 50-day moving average Friday. Nvidia's chart shows that its relative strength line, which compares the company's stock performance to the S&P 500, is flattening. Chief Executive Jensen Huang recently addressed students at his alma mater of Oregon State University and stated that "artificial intelligence is the technology industry's single greatest contribution to social elevation."
A measure of calm was returning after Israel's retaliatory strike on Iran spooked the market and spurred a rush to safe havens such as gold.