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Context from Wikipedia on the organisations, people and places in this story.
American investment bank
The Goldman Sachs Group, Inc. is an American multinational investment bank and financial services company. It was founded in 1869 and is headquartered in the Battery Park City neighborhood of Manhattan in New York City, with offices in many financial centers worldwide. Goldman Sachs is one of the largest investment banks by revenue. It is ranked 32nd on the Fortune 500 and 19th on the Forbes Global 2000. It is considered a systemically important financial institution by the Financial Stability Board.
More on Wikipedia ↗The latest analyst notes point to a tougher Nike turnaround, with firms flagging weak sales trends, pressure across key categories and a more challenging earnings outlook.
Nike Inc. (NKE) is facing a fresh wave of analyst scrutiny after multiple Wall Street firms cut their price targets following its fiscal Q1 results, according to The Fly. The athleticwear giant’s earnings beat failed to offset a weaker-than-expected outlook, and CEO Elliot Hill added that the turna…