The Latest Breaking News from Goldman Sachs

Pinterest (NYSE:PINS) is drawing renewed bullish sentiment from Wall Street after delivering a stronger-than-expected second quarter, marked by accelerating user growth, solid revenue beats, and a bullish third-quarter outlook. However, despite the upbeat results and guidance, the stock is trading lower on Friday.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Unemployment among 20- to 30-year-olds in the tech sector has increased 3% since the beginning of the year, said Goldman Sachs senior economist Joseph Briggs.

The July Federal Reserve meeting may go down as the most divided in over three decades, as two key board members, Michelle Bowman and Christopher Waller, broke ranks by voting for a rate cut, while Chair Jerome Powell and the majority held rates steady.

Competition is heating up for Broadcom in its highly important VMware business. Nutanix stock is worth a look, with AVGO trading near all-time high valuations.

Novo Nordisk reported 18% sales growth in the first half of 2025, despite a profit warning that triggered a record share drop. Goldman Sachs says the sell-off is overdone and analysts highlight a potential buying opportunity.

Shares of Apple Inc. (NASDAQ:AAPL) remain one of 2025's biggest tech underperformers, lagging the Nasdaq 100 index by a wide 25% year-to-date, even as the iPhone-maker recently posted robust results that may suggest the selloff is disconnected from fundamentals.

Lurking in the background, as always, are the big macro questions about President Trump’s tariff deals.

Goldman Sachs (NYSE:GS) has highlighted the impact of artificial intelligence (AI) on the job market, especially affecting young tech workers.