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UNCOVERED: 7 | History Defined

Lenskart shares in focus after Viridian completes stake transfer from Copthall Mauritius

Hong Kong-based Viridian Asia Opportunities Master Fund acquired an 18.96 lakh share stake in Lenskart Solutions for Rs 96 crore. This follows a recent Rs 2,873 crore block deal where SoftBank affiliate SVF II Lightbulb (Cayman) reduced its holding.

The Economic Times

Inside the gilded world of the banking elite

The SpaceX listing will make millions for Goldman Sachs, but the image-conscious firm kept its celebrations quiet. Has the finance world changed? Don’t bank on it, says Chris Blackhurst

Evening Standard

This Gen Zer got reprimanded at Goldman for making cake videos as the ‘Investment Baker.’ She quit her job and is building a dessert empire

Allison Sheehan left her full-time job as a Wall Street wealth manager to scale her cake business, with a CPG brand on the horizon: Alleycat Baking Co.

Fortune

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Jamie Dimon called Elon Musk the ‘Edison of our time’ as JPMorgan hosted SpaceX’s $75 billion IPO road show—and even invited Musk’s mom

Top bankers are lavishing praise on Musk ahead of his rocket company’s record-setting listing.

Fortune

3 warnings from analysts on the truth lurking beneath the 'barnburner' jobs report — and why America's AI hiring crisis is far from over

There's no doubt that 172,000 payrolls added in May blew past expectations. But you have to look closely at where they were added.

Fortune

Can Copper Still Rally After Reaching a Long-Term Target?

July COMEX copper futures reached a record high of $6.7160 on May 13, 2026, with the continuous contract rising to $6.6450 per pound. Considering a leading financial institution’s upside target from 2021 was $6.80 per pound, copper has risen to a level where the rise of a correction has increased.

Barchart

Morgan Stanley expects SpaceX revenue to hit $3.4 trillion in 2040

SpaceX's revenue could hit $3.4 trillion by 2040, according to Morgan Stanley projections. The company is also preparing for its initial public offering, aiming to raise $75 billion. Morgan Stanley anticipates significant growth from SpaceX's AI business in the coming years. Goldman Sachs also expects substantial revenue from this segment…

The Economic Times

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Goldman's SpaceX Forecast Looks Wild: A 9,900% Jump In AI Revenue By 2030

Goldman Sachs predicts SpaceX's revenue to soar 100-fold by 2030, fuelled by Starlink's expansion, ambitious space missions, and cutting-edge AI advancements, as the company gears up for a historic IPO.

International Business Times UK

SpaceX AI Revenue Could Hit $322 Billion by 2030 as Goldman Sachs Bets Big

Goldman Sachs predicts SpaceX's AI earnings will skyrocket, driving a $1.78 trillion valuation, as the company prepares for a historic public listing.

International Business Times UK

Adani Ports shares snap 2-day fall, rise over 1% after Goldman Sachs raises target price

Shares of Adani Ports saw an uptick on Friday after Goldman Sachs reaffirmed its ‘Buy’ rating and raised the target price to Rs 1,870. Strong cargo volume growth, recovery in thermal coal volumes, Vizhinjam hub expansion, and improving returns prompted the brokerage to upgrade earnings estimates and outlook.

The Economic Times

Wall Street giants tout SpaceX as Musk speaks at pre-IPO investor event

Wall Street investment banks are hosting exclusive events for potential SpaceX IPO buyers, offering rare access to top executives. Elon Musk virtually addressed JPMorgan clients, citing a "massive new growth phase" requiring capital. The company's futuristic valuation and record-breaking IPO plans have generated significant investor interest.

The Economic Times

Groww shares gain 3% as Goldman Sachs buys stake in Rs 210-crore block deal

Billionbrain Garage Ventures, parent of Groww, saw its shares rally 3% after Goldman Sachs acquired over 1.13 crore shares for Rs 210.43 crore. The company reported a strong Q4 with net profit up 122% year-on-year to Rs 686 crore, driven by equity derivatives and lending businesses.

The Economic Times

Goldman Sachs India global centre chief Gunjan Samtani to retire by end of 2026

Gunjan Samtani, co-chairman of Goldman Sachs India and head of its India global center, will retire by year-end after 16 years. Ken Castelino and Balaji Sivasubramanian have been appointed as co-heads to succeed him, overseeing the bank's tech and operations center in India.

The Economic Times

SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x return

SVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wednesday. The shares were sold at Rs 508.55 apiece, with Goldman Sachs, Fidelity, Quant Mutual Fund, WhiteOak Capital, and other institutional investors among the buyers. SoftBank’s…

The Economic Times

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The Economic Times

IndiGo shares crack nearly 30% from peak. Will Iran war, soaring oil prices cause more turbulence?

InterGlobe Aviation faces significant challenges in 2026 due to new FDTL norms causing pilot shortages and widespread disruptions. The Israel-Iran conflict further impacted operations with airspace restrictions and rising oil prices, leading to a net loss in Q4 FY26. Analysts remain cautious, with the outlook dependent on oil prices and…

The Economic Times

SoftBank sells Rs 2,873 crore worth of Lenskart shares in block deal to Goldman Sachs and other investors

Lenskart Solutions saw a major stake sale as SoftBank offloaded shares worth about Rs 2,873 crore through a block deal. The transaction drew strong institutional interest, while analysts remain positive on Lenskart's growth prospects, technology-led model and expanding international footprint.

International Business Times

Wall Street Enters 'Unprecedented Territory' With Alphabet's $80 Billion Stock Sale, Top Goldman Official Says

Goldman Sachs International co-chief executive Anthony Gutman said Wall Street has entered "unprecedented territory" with Alphabet's $80 billion stock sale.

International Business Times

Goldman Sachs CEO Warns Wall Street Is Showing More 'Greed' Than Fear Amid AI Boom

Goldman Sachs CEO David Solomon said the market still has enough liquidity to support major equity offerings from companies such as OpenAI, Anthropic, and SpaceX.

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Barchart

S&P Futures Muted as Fresh U.S.-Iran Hostilities Lift Oil and Bond Yields, ADP Jobs Report and Broadcom Earnings on Tap

June S&P 500 E-Mini futures (ESM26) are trending down -0.05% this morning as oil prices and bond yields climbed after the U.S. and Iran exchanged heavy fire in the Persian Gulf.

International Business Times

Is AI coming for mundane workflows? Tech CEOs on proper AI use

The human brain is the only thing that can solve differential equations while running on pizza and chicken McNuggets, but LLM's can shave off costs on tedious and mundane tasks.

Barchart

Why is Gold Stuck in Neutral?

Gold’s price dropped by over $1,500 per ounce from the late January record high to the March low. In April and May, gold prices have consolidated in an under $470 range. At near $4,500 per ounce, gold is stuck in neutral in early June 2026.

Fortune

Iran War has cost U.S. families $100 billion between increased military funding and higher oil prices, finds Moody's

"With the saving rate about as low as it ever goes ... [consumers] will have little choice but to rein in their spending, weighing further on the already sagging economy."

Fortune

It's not a recession. But Goldman says your paycheck is acting like it

Real income growth has slowed to a pace "rarely seen outside of recession," Goldman Sachs warns — and Americans are only beginning to feel the squeeze.

Fortune

Gen Z is losing the most in the AI economy—and Goldman warns it's about to get worse

Goldman has good news on the AI job-killing story, until you look closely at the numbers.

The Economic Times

IndiGo soars 5% after Q4 results. What Goldman Sachs, Jefferies and others are saying

IndiGo's shares surged despite a Q4 FY26 net loss of Rs 2,536 crore, driven by Middle East conflict disruptions. Analysts remain largely positive, citing the airline's long-term growth strategy and India's strong domestic aviation demand, with several maintaining 'Buy' ratings and significant upside targets.

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