Universal Display, which supplies technology for so-called OLED screens on smartphones, seems to be getting closer to commercial availability for its technology for the blue color, says Brian Lee of Goldman Sachs, which could be a "game changer" for Universal, prompting Lee to raise his price target on the stock to $161.
A slump in Goldman Sachs (NYSE: GS-PB – news) ‘s long-dominant trading business has sharpened questions about the Wall Street kingpin’s strategy as technological change disrupts the finance industry. “Goldman Sachs has run out of steam,” said Richard Bove, analyst at...
We got to experience HireVue's AI technology that allows companies to sort and grade video job applicants. Below is a transcript of the video. Rich Feloni: I'm Rich Feloni, strategy reporter at Business Insider. I first heard about HireVue when I wrote about Unilever’s experiment in hiring. Show More Summary
Enterprise database startup Redis Labs Inc. has raised $44 million in a Series D round led by Goldman Sachs Private Capital Investing that included Bain Capital Ventures, Carmel Ventures and Dell Technologies Capital. Founded in 2011,...Show More Summary
Goldman Sachs sees financials and technology stocks outperforming in the the second half of the year, but for different reasons.
Goldman Sachs has clinched an important victory in its race to transition from a stodgy investment bank into a fintech powerhouse: it was awarded a patent for its proposed "SETLcoin" cryptocurrency settlement system, according to CoinDesk,...Show More Summary
DiffBlue, an artificial intelligence startup spun out of Oxford University, has raised $22 million (£17.3 million) in Series A funding for technology which checks and corrects code. The round was led by Goldman Sachs Principal Strategic...Show More Summary
A little-known startup that has quietly amassed over 100,000 Wall Street users has appointed a Goldman Sachs veteran as an independent board member. Paul Walker, the former cohead of technology at Goldman Sachs, has joined the boardShow More Summary
Hedge funds and mutual funds like information technology stocks, but disagree on financial stocks. Fun fact: Apple is the most underweight holding across large-cap mutual funds on average, according to Goldman Sachs.
By ValueWalk – What has been the impetus for a host of active mutual fund outperformance against the S&P 500 benchmark in early 2017? Exposure to the Information Technology sector, a May 26 Goldman Sachs report observes.
A new report estimates that the more than 200 financial technology companies in Brazil could generate $24 billion in revenue over the next 10 years.
Technology companies' top executives led the way in compensation last year, while one woman and a former Goldman Sachs executive made the top 10.
Shares of DRAM and NAND flash chip maker Micron Technology (MU) are down 74 cents, or 2.5%, at $27.46 after Goldman Sachs’s Mark Delaney cut his rating on the stock this morning to Neutral from Buy, and trimmed his price target to $30 from $32, writing that DRAM prices may start to cool in coming […]
Shares of organic light-emitting diode technology vendor Universal Display (OLED) are up $3.05, or almost 4%, at $85.95, after Goldman Sachs analyst Brian Lee raised his price target on the shares to $100 from $88, and reiterated a Buy...Show More Summary
Chain Inc. has hired a senior technology executive from Goldman Sachs Group Inc., Tom Jessop, to boost its efforts deploying the technology behind bitcoin.
Shares of chip maker Integrated Device Technology (IDTI) are up 17 cents, or 0.7%, at $23.41, despite a cautious note this morning from Goldman Sachs’s Toshiya Hari, who started the stock with a Neutral rating, and a $24 price target, writing that although the company has good markets — cloud computing and “5G” wireless — there’s […]
Goldman Sachs, Digit, and others are changing the way we spend, save, and invest. Goldman Sachs, Digit, and others are changing the way we spend, save, and invest. In the past year, the financial technology sector has seen a wave of innovations. Show More Summary
In 2008, Goldman Sachs launched a mid-career internship program: the "returnship." Since then, other major financial companies like MetLife, JP Morgan Chase, and Morgan Stanley, along with technology and engineering companies such as...Show More Summary
Jack Dorsey thinks AI-driven personalization could be the solution to Twitter's problems. Speaking to investors at the Goldman Sachs Technology and Internet conference in San Francisco, Twitter's top executive said the embattled company...Show More Summary
Goldman Sachs has promoted a technology expert to chief information officer of its retail arm, GS Bank USA. Boe Hartman has been named head of consumer and commercial banking technology and chief information officer of GS Bank USA, which...Show More Summary