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Wall Street Splits on Uber: Goldman Sachs Cuts Price Target While Piper Sandler Hikes
24/7 Wall St.101d agobearish
Wall Street Splits on Uber: Goldman Sachs Cuts Price Target While Piper Sandler Hikes

Wall Street delivered a split verdict on Uber Technologies (NYSE:UBER) following the company’s Q1 2026 earnings report on May 6. Goldman Sachs (NYSE:GS) lowered its price target to $115 from $125 while maintaining a Buy rating, and Piper Sandler (NYSE:PIPR) analyst Thomas Champion raised his target to $105 from $100 while keeping an Overweight rating. ... Wall Street Splits on Uber: Goldman Sachs Cuts Price Target While Piper Sandler Hikes

Pitchbook101d agoneutral
Arcmont, Goldman Sachs among lenders in €1.5B Global Gruppe refinancing

A large club of direct lenders is providing roughly €1.5 billion in loans to refinance German insurance brokerage Global Gruppe, in one of the largest European direct lending deals this year, according to market sources. Lenders including Goldman Sachs, Arcmont, HPS, SMBC, KKR Credit, and Morgan Stanley are among those providing the financing, the sources said. The refinancing comes after the group — which is backed by Castik Capital Partners and Summit Partners — withdrew a sale process due to

Yen Intervention Rally Faces High Hurdle at 155 to Dollar
Bloomberg101d agobullish
Yen Intervention Rally Faces High Hurdle at 155 to Dollar

(Bloomberg) -- The yen’s failure to breach 155 to the dollar after repeated cases of suspected intervention by Japan is raising questions over the durability of the currency’s recent advance.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Says Offensive Phase of Iran War Over as Ship Hit in StraitSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogChina Asks Banks to Pause New Loans to US-S

Wall Street Dares to Ask If China’s Property Turnaround Is Close
Bloomberg101d agoneutral
Wall Street Dares to Ask If China’s Property Turnaround Is Close

(Bloomberg) -- Just months into China’s housing downturn, the nation’s second-biggest developer declared the worst is over. A year later, its chairman backtracked on the call, and by 2025, it was teetering on the brink of a default.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Says Offensive Phase of Iran War Over as Ship Hit in StraitSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS

Earnings Beats in Europe Mask Tougher Times Ahead for Stocks
Bloomberg101d agobullish
Earnings Beats in Europe Mask Tougher Times Ahead for Stocks

(Bloomberg) -- A strong earnings season is hiding tougher times ahead for European stocks as the effects of the Iran war make it harder for companies to meet lofty profit expectations in the quarters to come.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Says Offensive Phase of Iran War Over as Ship Hit in StraitSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS, Iran Weigh Potential D