Money

Goldman executive earning over $100M set to ‘retire’ amid CEO clash

Published

5 months ago

December 13, 2023

ticker NEWS

A senior executive at Goldman Sachs, who has reportedly earned more than $100 million since 2020, is said to be stepping down from their position following ongoing conflicts with CEO David Solomon, according to recent reports.

This unexpected development has sent shockwaves through the financial world, as the executive’s departure marks the end of a highly lucrative and influential career at the prestigious investment bank.

The executive, who has chosen to remain anonymous for now, is believed to have clashed with Solomon over various strategic decisions and leadership approaches within the firm. Insider sources suggest that these disagreements have become increasingly irreconcilable, leading to the executive’s decision to “retire” from Goldman Sachs.

This departure raises questions about the future direction of the investment bank, as the executive had played a significant role in the company’s recent successes and profitability. Investors and analysts will be closely watching for any potential ripple effects on the bank’s performance and stock price in the coming months.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

2 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

3 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

3 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending