Thursday, October 12, 2023

Goldman Sachs offloads major BNPL player GreenSky for an undisclosed sum to a group of money managers, after acquiring the company for $1.7B in 2021 (Rob Copeland/New York Times)

Rob Copeland / New York Times:
Goldman Sachs offloads major BNPL player GreenSky for an undisclosed sum to a group of money managers, after acquiring the company for $1.7B in 2021  —  Goldman sells the consumer lender GreenSky after significant losses, less than two years after buying it.



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...