{
}
Goldman Sachs has raised the likelihood of a recession under President Trump to 35%, citing the risks from new tariffs and a decline in household and business confidence. The firm predicts a 0.3% increase in unemployment, estimating that Trump's policies could reduce GDP growth by 1.2% over the next year. Meanwhile, Moody's Analytics has also increased its recession probability to 40%, warning of a potential "recession by design."
Capital Research Global Investors increased its stake in Wells Fargo & Company to 15,734,874 shares valued at $1.1 billion, while Two Sigma Advisers LP grew its position by 730.4% to 5,954,600 shares worth $336 million. Northern Trust Corp raised its holdings by 10.7%, owning 34,339,295 shares valued at $2.4 billion. Institutional investors hold 75.90% of the company's stock, which has a current rating of "Moderate Buy" with an average price target of $74.97.
Arizona State Retirement System increased its stake in Bank of America by 0.5%, owning over 2 million shares valued at $89 million. Keybank National Association OH and Charles Schwab Investment Management also raised their holdings, with institutional investors owning 70.71% of the stock. Bank of America reported a quarterly EPS of $0.82, exceeding estimates, and declared a dividend of $0.26, reflecting a 2.50% yield.
Goldman Sachs has increased the probability of a recession to 35%, citing President Trump’s escalating trade war and declining consumer confidence as key factors. CNBC's Dominic Chu reports on how markets are preparing for new tariffs expected this week.
Goldman Sachs has revised its year-end target for the S&P 500 to 5,700 points, marking an 8% decrease from its earlier estimate of 6,200. Chief U.S. Equity Strategist David Kostin cited heightened recession risks and tariff uncertainties as key factors for this downgrade, warning that further deterioration in growth outlook could lead to even steeper declines in valuations. The new target suggests a modest 2% gain for the index this year, reflecting one of the most bearish forecasts on Wall Street.
MarketBeat highlights five stocks recommended by top analysts as better buys than JPMorgan Chase & Co., which holds a Moderate Buy rating. Meanwhile, nuclear energy stocks like Cameco Corp and Paladin Energy have surged over 40% in 2024, with potential for further gains. Insider trading at JPMorgan shows significant sales, while institutional investors continue to increase their stakes, with 71.55% of the stock owned by such entities.
UBS has rated Novo Nordisk as a 'Buy', but the information provided is for informational purposes only and does not constitute a recommendation to buy or sell. Investing in securities carries risks, including the potential total loss of capital, and does not replace tailored expert investment advice. No liability for the accuracy or completeness of the information is assumed.
UBS shares received strong support from analysts last month, with four experts recommending a buy. The average price target is CHF 36.25, indicating a potential increase of CHF 9.38 from the current price of CHF 26.87. The six-month rating trend remains positive.
Apple's stock has seen a slight increase as shipments of foreign-branded smartphones in China rise, according to Goldman Sachs. This uptick suggests a potential recovery in the market, providing a glimmer of hope for investors navigating recent challenges.
Lloyds Banking Group PLC has purchased 15,317,728 ordinary shares from Morgan Stanley as part of its ongoing share buyback program, with prices ranging from 71.30 to 72.78 pence per share. This initiative is part of a larger plan to repurchase up to £1.7 billion in shares, having already acquired 295,151,977 shares for £206.34 million. The move aims to enhance shareholder value and reflects the company's strong financial position.
Stock Market Updates
SubCategory
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
goldman sachs raises recession odds to 35 amid tariff concerns
United States Dollar
VANECK MOODY'S ANALYTICS BBB CO
The Goldman Sachs Group, Inc.
USA
Donald Trump
Mark Zandi
21:00 31.03.2025
wells fargo sees significant institutional investment and mixed analyst ratings
20:46 31.03.2025
institutional investors increase stakes in bank of america amid mixed analyst ratings
20:46 31.03.2025
recession risk rises to 35 percent amid trade war and consumer concerns
20:40 31.03.2025
Goldman Sachs revises S&P 500 target amid rising recession fears and tariffs
20:32 31.03.2025
top analysts recommend five stocks over jpmorgan chase amid market shifts
Fred Alger Management LLC
Principal Financial Group Inc
JPMorgan Chase & Co.
The United Bank
USA
Robin Leopold
Show more
20:25 31.03.2025
ubs rates novo nordisk as buy amid investment considerations and risks
20:17 31.03.2025
analysts recommend buy for UBS shares with target price of 36.25 CHF
20:00 31.03.2025
Apple sees growth as foreign smartphone shipments rise in China
19:56 31.03.2025
Lloyds Banking Group announces significant share buyback program update
19:07 31.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
CEO Changes
Industry Mergers & Acquisitions
Central Bank Actions
Global Trade Developments
GDP Growth & Recession Forecasts
Financial Scams and Security
Market Analysis and Predictions
Inflation and Monetary Impact
Government Policies
Government Economic Policies
Workplace Trends
Startups & Entrepreneurship
Supply Chain Management
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Barclays PLC
Bank of America Corporation
Wells Fargo & Company
Citigroup Inc.
Deutsche Bank Money Market PP
Morgan Stanley
Huawei Technologies CO. Ltd.
Lloyds Banking Group plc
Credit Suisse Lux Digital Healt
Microsoft Corporation
UBS Group AG
Amazon.com, Inc.
Banco Santander, S.A.
Credit Suisse Strategic Income I
BNP Paribas SA
NVIDIA Corporation
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Russian Ruble
Australian Dollar
Canadian Dollar
United Arab Emirates Dirham
Indonesian Rupiah
Saudi Riyal
South Korean Won
Danish Krone
Offshore Chinese Yuan
Turkish Lira
Hong Kong Dollar
Mexican Peso
Malaysian Ringgit
People: