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04.05.26 - 01:48
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Jane Street Paid Employees $9.4 Billion, Twice What It Paid Last Year, After Record 2025 Results (ZeroHedge)
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Jane Street Paid Employees $9.4 Billion, Twice What It Paid Last Year, After Record 2025 Results
Jane Street Group has evolved from a niche trading shop into one of Wall Street's most profitable firms and employees are reaping the rewards. The firm paid roughly $9.4 billion in compensation last year, more than twice what it distributed a year earlier, according to Bloomberg.
On average, that translated to about $2.7 million per employee, far ahead of traditional banks like Goldman Sachs. The massive payouts followed a record year in which Jane Street generated nearly $40 billion in trading revenue, outpacing major banks and rivals in the market-making business.
Bloomberg writes that the firm started in 2000 trading American depositary receipts before expanding into ETFs and other electronically traded assets. As more markets became automated, Jane Street scaled aggressively and now handles trading across equities, bonds, ETFs, and other products.
Its financial resources have grown just as dra...
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02.05.26 - 04:48
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Jane Street doles out $2.7million payout per employee (Times of India)
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Jane Street Group has achieved remarkable financial success, distributing $9.38 billion in compensation last year, a significant surge that dwarfs rivals like Goldman Sachs. The market maker's trading revenue reached $39.6 billion, fueled by its substantial capital base and strategic investments, including a notable stake in AI startup Anthropic....
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01.05.26 - 19:18
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Tune In To Tonight′s Fertilizer Debate: How Bad Will It Get? (ZeroHedge)
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Tune In To Tonight's Fertilizer Debate: How Bad Will It Get?
As we covered earlier this week, Goldman Sachs analysts now say the fertilizer disruption is larger than expected, with nitrogen markets taking the brunt. Urea prices have risen 50% to 70% since the conflict began. Goldman's Duffy Fischer wrote that “nitrogen fertilizer is the most impacted chemical chain,” adding that the scale of disruption is “greater than we originally expected.”
And signs of improvement have yet to reveal themselves…
As the U.S.–Iran conflict enters its seventh week, ZeroHedge, in partnership with the Macro Dirt Podcast, will host a debate tonight focused on the implications for agriculture, inflation, and global supply chains.
The discussion features former Bridgewater head of commodities Alex Campbell, Brent Johnson of Santiago Capital, and is hosted by Tony Greer and Jared Dillian.
Johnson appeared with Marc Faber and Adam Taggart on an Iran-focused ZeroHedge debate earlier this month and announ...
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01.05.26 - 18:42
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Goldman Sachs Adds UnitedHealth to Its Conviction List: Is the Managed Care Comeback Real? (24/7 Wall St.)
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Goldman Sachs (NYSE:GS) added UnitedHealth Group (NYSE:UNH) stock to its U.S. Conviction List, reiterating a Buy rating with a $435 price target. The firm argues UnitedHealth is nearing the bottom of its underwriting cycle in Medicare Advantage (MA), which represents 40% of its business. The Conviction List is reserved for Goldman's highest-conviction Buy ideas. UnitedHealth ... Goldman Sachs Adds UnitedHealth to Its Conviction List: Is the Managed Care Comeback Real?...
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01.05.26 - 17:13
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US Economy ′Incredibly Resilient′: Mossavar-Rahmani (Bloomberg)
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Sharmin Mossavar-Rahmani, wealth management CIO and head of the investment strategy group at Goldman Sachs, says the US economy has been "incredibly resilient" despite the impact of the Iran war. She joined "Bloomberg Surveillance" on April 30 to discuss how significant AI spending by Big Tech and restrictive monetary policies are shaping market dynamics. (Source: Bloomberg)...
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01.05.26 - 14:36
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Trump Vows to Maintain Pressure on Iran Through Naval Blockade | The Pulse 5/1 (Bloomberg)
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Today's guests: Jari Stehn, Goldman Sachs, Chief European Economist; Phillips O'Brien, University of St Andrews, Strategic Studies Professor; Timothy Richards, Vue Founder and CEO.
(Source: Bloomberg)...
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01.05.26 - 00:06
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Goldman Maps Retailer Exposure To Working-Poor Consumers As Gas Soars (ZeroHedge)
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Goldman Maps Retailer Exposure To Working-Poor Consumers As Gas Soars
With the nationwide average gasoline price accelerating above the politically sensitive $4-per-gallon level, and the consumer backdrop for low-income households darkening, Goldman analysts published a note on Wednesday identifying which big-box retailers have the greatest exposure to working-poor households.
"Our economists expect spending headwinds from higher inflation to weigh on growth for the rest of the year," Goldman Sachs Managing Director Kate McShane wrote in the note. She covered how Goldman analysts raised their Brent forecast for the fourth quarter of this year and the gloomy backdrop facing consumers.
She continued, "Moreover, higher headline inflation is set to erode household spending power, particularly among lower-income households that spend roughly four times as much on gasoline as a share of after-tax income compared to the top quintile."
She explained in more detail:
We expect the bo...
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