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Snowflake Stock Post-Earnings Tumble Reveals the Risks of AI Hype

Snowflake stock had dropped more than 20% as artificial intelliigence failed to provide a boost.

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Office prices need to drop 50% more for housing conversions to work, says Goldman

Prices in San Francisco, Boston, Los Angeles and Seattle need to fall at least 30% more

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Robinhood launches retirement benefits for gig workers

Robinhood’s new product is aimed at helping workers at Grubhub, Taskrabbit and Gopuff save for retirement

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Falling inflation, manufacturing upswing to broaden stock rally, Goldman says

The switch could boost cyclical equities, FX, and non-U.S. stocks

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Goldman Sachs could profit as IPO and merger activity climbs: analyst

Edward Jones analyst James Shanahan initiated coverage of Goldman with a buy rating and added it to U.S. Stock Focus List.

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