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Goldman Sachs ‘ better-than-expected quarterly results before Tuesday’s open and commentary on the post-earnings conference call give us confidence in the stock heading into 2026. Revenue in the third quarter ended Sept. 30 rose 19.6% year over year to $15.18 billion, topping the consensus estimate of $14.1 billion, compiled by data provider LSEG. Earnings per share (EPS) increased 45.8% year over year to $12.25, well ahead of the $11 estimate, according to LSEG. GS YTD mountain Goldman Sachs YTD Despite a pretty clean report across the board, shares of the world’s premier investment bank got off to a rough start…

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Stocks fell Tuesday, giving back some of Monday’s gains, as investors worry about renewed U.S.- China trade tensions . While AI trade stocks like Nvidia are leading the sell-off, much of the session’s weakness is also from speculative stocks. Jim Cramer previously flagged the group — quantum, nuclear, crypto, and rare earth stocks — as a risk to the market rally. “It would be absolutely fantastic if we could put a cap on speculation,”…

MUMBAI: Indian billionaire Gautam Adani’s property arm is seeking court approval to acquire 87 properties including hotels and malls from a distressed real estate group, a move that could bolster the conglomerate’s relatively small business. The domestic Sahara Group is seeking to sell hotels, shopping centres, and residential and office buildings to raise funds to repay billions of dollars to investors who put their money in a bond scheme that was later ruled to be illegal. Adani is seeking to buy all of those assets, its lawyer Mukul Rohatgi told judges on Tuesday at the Supreme Court, which has been…

The U.S. dollar’s sharp rally over the past month is unlikely to last, as analysts view it as driven largely by temporary factors — notably the suspension of U.S. economic data releases due to the federal government shutdown and political turmoil in rival economies.   The greenback has risen about 3% against a basket of major currencies since mid-September, recovering part of its 11% loss earlier this year and moving away from its lowest level in more than three years.   Data from the U.S. Commodity Futures Trading Commission (CFTC) — before publication was halted by the shutdown — showed…

Chinese state media has revealed for the first time how Peking University – one of the country’s most prestigious institutions – has contributed to China’s hypersonic weapons development.A key figure in the university’s work in the field is Huang Lin, a professor with the department of mechanics and engineering science who has been researching hypersonic vehicles for the past two decades and played a key role in the successful first flight test of China’s hypersonic weapons, according to a report by Beijing-based Guangming Daily on Monday.Huang is an expert in control science, which studies the technology and engineering of how…

The U.S. dollar’s sharp rally over the past month is unlikely to last, as analysts view it as driven largely by temporary factors — notably the suspension of U.S. economic data releases due to the federal government shutdown and political turmoil in rival economies.   The greenback has risen about 3% against a basket of major currencies since mid-September, recovering part of its 11% loss earlier this year and moving away from its lowest level in more than three years.   Data from the U.S. Commodity Futures Trading Commission (CFTC) — before publication was halted by the shutdown — showed…

As China and the United States begin charging additional port fees on Tuesday, analysts warn the global shipping industry faces growing uncertainty and turmoil – though Beijing’s exemption of domestically built vessels is expected to limit the impact.China announced retaliatory port fees last Friday and released implementation details in the first hour of Tuesday – the same day the Chinese and US measures took effect. Fees will be waived for vessels built in China and for empty vessels arriving for repairs.Analysts note that as China is a major importer of energy and grain, its fees will mainly affect tankers and…

Singapore’s government has reinforced its bottomline of zero tolerance for the politics of race and religion as well as foreign interference, arguing that such elements should be rejected swiftly.In parliament on Tuesday, Workers’ Party (WP) chief Pritam Singh and Coordinating Minister for National Security K. Shanmugam disagreed on the “timing” and “substance” of the WP in rejecting election endorsements by a self-styled Islamic preacher Noor Deros and Pan-Malaysian Islamic Party (PAS) members.In April, ahead of Singapore’s May 3 general election, Noor and the PAS members endorsed WP candidate Faisal Manap over then minister-in-charge of Muslim affairs Masagos Zulkifli, as the…

BRUSSELS (AP) — NATO defense ministers will meet on Wednesday to try to drum up more military support for Ukraine amid a sharp drop in deliveries of weapons and ammunition to the war-ravaged country in recent months.The ministers will also debate a call from NATO’s commander to lift restrictions on the use of their aircraft and other equipment so they can be used to defend the alliance’s eastern border with Russia, Belarus and Ukraine more effectively.A series of mysterious drone incidents and airspace violations by Russian war planes has fueled concerns that President Vladimir Putin might be testing NATO’s defensive…

WASHINGTON: Pakistan is poised to sign a preliminary deal on a review of its loan programme with the International Monetary Fund this week, the country’s finance minister said, a key step required to pave the way for another $1.24 billion payout from the lender. An IMF mission left Pakistan last week without signing a so-called staff level agreement on the second review of the Washington-based lender’s $7 billion Extended Fund Facility and the first one on its $1.4 billion Resilience and Sustainability Facility agreed in 2024 to shore up the economy after a severe financial crisis. “The mission was on…