Unusual Whales

Following all the market activity, big or small, and reporting on it. Financial journalism isn't dead in the ocean.

Goldman Sachs, $GS, is considering exiting its partnership with Apple, $AAPL, and is in talks to offload those businesses and its credit-card partnership to Amex.

According to The Wall Street Journal, Goldman Sachs is considering ending its partnership with Apple as part of its strategy to withdraw from the consumer-lending business. The bank is currently engaged in talks with American Express regarding the potential takeover of the Apple credit card and related initiatives. Goldman Sachs
1 min read

The Supreme Court has agreed to consider the legality of the SEC’s use of in-house tribunals, setting up a decision next term that could alter how U.S. securities laws are enforced

The U.S. Supreme Court has agreed to hear a case that involves President Joe Biden's administration defending specific Securities and Exchange Commission (SEC) in-house enforcement proceedings. This case has the potential to significantly undermine the authority of federal agencies. The administration is appealing a lower court'
1 min read