GPT
Search documents
Market Today: Goldman Sachs Lands $70B Asset Win; Meta, OpenAI Launch AI Upgrades
GuruFocus· 2026-07-09 22:00
This is Guru Focus Market Today, your afternoon market brief for Thursday, July 9. Here's where things stand. Goldman Sachs has secured $70 billion in new retirement asset management mandates from Verizon and Loheed Martin, marking one of the largest recent wins in the sector.The deals significantly expand Goldman's institutional asset management business and highlight ongoing competition among major banks for large-scale retirement assets. Turning now to the broader markets, global stocks rebounded as oil ...