GPIQ dropped 6% in July while Apple surged 15%, as the covered-call overlay handed the rally directly to option buyers instead of shareholders.
QQQ's 89% price-only return since GPIQ's inception already outpaces GPIQ's 89% total return with all distributions reinvested, before counting QQQ's own dividends.
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If you bought Goldman Sachs Nasdaq-100 Core Premium Income ETF (NYSEARCA:GPIQ) at launch expecting to capture the Nasdaq-100's upside while collecting high monthly income, you may have been disappointed in July. Apple (NASDAQ:AAPL), the fund's largest single exposure, ripped 15.23% higher in the month on a blockbuster earnings beat. GPIQ fell 6.1% during the same period. That performance gap reflects the fund's strategy working exactly as designed.
GPIQ has an expense ratio of 0.29% a year, or roughly $29 annually per $10,000 invested. Set against Invesco QQQ Trust (NASDAQ:QQQ), the mainstream Nasdaq-100 mirror commonly quoted around 0.20% ($20 per $10,000), the fee gap looks trivial. Over 20 years, that spread compounds to just a few hundred dollars.

#advisor #sachs

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Find out how much you could earn by locking in a high CD rate today. The Federal Reserve cut its federal funds rate three times in 2025. So far in 2026, the Fed has left interest rates alone, and so now could be your last chance to lock in a competitive CD rate before rates move further. CD rates vary widely across financial institutions, so it's important to ensure you're getting the best rate possible when shopping around for a CD.
The following is a breakdown of CD rates today and where to find the best offers.
Generally, the best CD rates today are offered on shorter terms of around one year or less. Online banks and credit unions, in particular, offer the top CD rates.
Today, Saturday, August 1, 2026, the highest CD rate is 4.10%. This rate is offered by Marcus by Goldman Sachs on its 9-month CD.

#rates #find #offered

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Find out how much you could earn by locking in a high CD rate today. A certificate of deposit (CD) allows you to lock in a competitive rate on your savings and helps your balance grow. However, rates vary widely across financial institutions, so it's important to ensure you're getting the best rate possible when shopping around for a CD. The following is a breakdown of CD rates today and where to find the best offers.
Historically, longer-term CDs offered higher interest rates than shorter-term CDs. Generally, this is because banks would pay better rates to encourage savers to keep their money on deposit longer. However, in today's economic climate, the opposite is true.
Today, Sunday, August 2, 2026, the highest CD rate is 4.10%. This rate is offered by Marcus by Goldman Sachs on its 9-month CD.
The amount of interest you can earn from a CD depends on the annual percentage rate (APY). This is a measure of your total earnings after one year, taking into account the base interest rate and how often interest compounds (CD interest typically compounds daily or monthly).

#earn #deposit

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
With days left before the August 7 deadline, Bitwise Chief Investment Officer Matt Hougan says passing the CLARITY Act has a coin flip's chance—though the market could even stomach a failed attempt.
Hougan told Cointelegraph that BlackRock's largest ETF is now a crypto ETF, Goldman Sachs is hiring in tokenization, and JPMorgan is building on blockchain.
Two more years of the current regulatory environment, he argued, gives the industry enough runway to become too large for any future administration to meaningfully roll back.
Don't Miss:

#hougan #august #chief #officer

By Fabiola Arámburo and David Lawder
Aug 1 (Reuters) - The U.S. Treasury bought yen on Friday to support the battered ******* anese currency, the Financial Times reported, marking Washington's first yen-buying intervention with Tokyo in more than ‌a decade as it languishes near 40-year lows.
The Federal Reserve Bank of New York sold euros for yen on ‌behalf of the Treasury through Goldman Sachs and Morgan Stanley, the FT said, citing people familiar with the matter. The report did not indicate any amounts of yen purchased.
Earlier on Friday, the Treasury informed a number of banks that it might intervene in the yen market and that they should "stand ready for future action," a source familiar with the matter told Reuters.
A Reuters photo of Treasury Secretary Scott Bessent's notepad during a cabinet meeting at Camp David in Maryland showed the words "To Do," followed by "Buy ******* anese Yen (JPY) $5-10 bil."

#david #familiar

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Find out how much you could earn by locking in a high CD rate today. The Federal Reserve cut its federal funds rate three times in 2025. So far in 2026, the Fed has left interest rates alone, and so now could be your last chance to lock in a competitive CD rate before rates move further. CD rates vary widely across financial institutions, so it's important to ensure you're getting the best rate possible when shopping around for a CD.
The following is a breakdown of CD rates today and where to find the best offers.
Generally, the best CD rates today are offered on shorter terms of around one year or less. Online banks and credit unions, in particular, offer the top CD rates.
Today, Saturday, August 1, 2026, the highest CD rate is 4.10%. This rate is offered by Marcus by Goldman Sachs on its 9-month CD.

#federal #offered

NEW YORK, July 30 (Reuters) - Goldman Sachs ******* et Management has launched an artificial intelligence investing platform, AlphaAI, betting that AI will become an important ‌driver of investment returns across its public and private market businesses.
Lou D'Ambrosio ‌will lead AlphaAI, as chairman of Artificial Intelligence for ******* et Management, according to an internal memo seen by Reuters.
"We believe AI is both reshaping industries and acting as a force multiplier in how we invest," said Marc Nachmann, global head of Goldman's ******* et and wealth management arm, in the memo.
D'Ambrosio led the Value Accelerator, which he founded in 2018, chairs ‌the firm's AI Investing Leadership ⁠Council, and previously served as CEO of both private and public companies.
"We expect AI to drive greater dispersion within sectors, not just ⁠across them, and that isn't necessarily reflected in prices," D'Ambrosio told Reuters in an email.

#intelligence

GENEVA (AP) — Two senior FIFA officials criticized Gianni Infantino's World Cup sell-off plan Friday with one resigning as a presidential adviser and a second saying staff were deceived by project that must not go ahead.
Carlos Cordeiro, who represented the soccer body on the White House Task Force for the World Cup, resigned in protest at the private equity plan.
Politics: Fox World Cup **** yst Calls Trump 'The Soccer President'
"I cannot stand by while FIFA considers selling a stake in the World Cup," Cordeiro, a former Goldman Sachs banker, said in a statement resigning as adviser to FIFA President Gianni Infantino that urged other senior FIFA staff to speak out.
FIFA's chief operating officer Kevin Lamour said in a statement to The **** ociated Press staff were "deceived" by Infantino's lack of openness planning the private investor scheme and "deserve better than contempt and intimidation."

#cordeiro

By Patturaja Murugaboopathy
July 29 (Reuters) - Major U.S. technology companies are borrowing heavily as they ramp up spending on their artificial intelligence buildout, and at steadily higher yields as investors become more selective about absorbing the growing supply.
Amazon, Alphabet, Meta Platforms and Oracle issued about $194 ‌billion of bonds in 2026 through July 7, up 79% from roughly $108 billion in all of 2025, according to a Reuters ******* ysis ‌of LSEG data.
Goldman Sachs expects bond issuance by the five hyperscalers, including Microsoft Corp, to reach roughly $250 billion this year and $400 billion in 2027.
The added supply has led to widening borrowing spreads over risk-free rates for these investment-grade firms across major maturity buckets.

#roughly #murugaboopathy

The semiconductor sell-off has punished investors across the board. Leverage has made the damage far harder to recover from.
The iShares Semiconductor ETF (SOXX) has fallen roughly 25% from its June 22 peak while the Direxion Daily Semiconductor Bull 3X Shares (SOXL), a leveraged ETF, has plunged nearly two-thirds over the same stretch.
The latest slide is part of a chip-stock crash that the rest of the market has largely absorbed.
The leverage unwind intensified overnight after SK Hynix (SKHY) reported earnings, sending South Korea's Kospi (^KS11) down as much as 13% before dip buyers cut the loss to 6%. Goldman Sachs traders still saw buyers stepping into memory stocks, suggesting the rout remains disorderly rather than capitulatory, even as the sell-off triggered a record wave of trading halts.
It would be easy to ******* ume that SOXL should be down three times the SOXX loss of 25%, or 75%. SOXL did not malfunction. The fund is designed to deliver three times the daily return of the NYSE Semiconductor Index.

#down

The biggest companies leading the artificial intelligence infrastructure build-out have said they expect hundreds of billions of dollars in capital expenditures through 2026. That trend is only set to accelerate and will be funded increasingly with debt, according to Goldman Sachs.
"While the exact magnitude and mix of future debt issuance from the hyperscalers is uncertain, our review of management commentary leaves us expecting a growing role for debt financing in the AI buildout in the years ahead," credit strategists led by Amanda Lynam said in a research note this week.
A hyperscaler is a large tech company that builds and operates massive data center infrastructure for computing, storage, and AI processing.
Over the past year and a half, capital expenditures from the leading hyperscalers — Meta (META), Microsoft (MSFT), Alphabet (GOOG), Amazon (AMZN), and Oracle (ORCL) — have boomed, as those companies have entered into an arms race focused on the build-out of vast infrastructure underpinning AI development.
In 2025, the companies collectively reported $405 billion in capex. By year end for 2026, that figure is expected to reach $750 billion, per Goldman Sachs, before nearing $1.2 trillion in 2027.

#leading

By Anirban Sen
NEW YORK, July 28 (Reuters) - Global hedge funds are on track for another blockbuster year, as they look to surpass their returns from 2025 after an artificial intelligence boom buoyed first-half performance for money managers across most investment strategies, according to a Goldman Sachs note sent to clients that ‌was seen by Reuters.
During the first six months of this year, hedge funds returned an average of 7%, well above the 10-year average of 4.1%, according ‌to the Goldman report. Those returns have been exceeded only twice, during the COVID years of 2020 and 2021, when market volatility boosted returns for fund managers. It marks the sixth consecutive half-year period in which hedge fund returns exceeded their long-term average.
"Hedge funds broadly have successfully pivoted through the AI complex in the last few years, adeptly shifting exposures through the 'picks and shovels' of the AI boom, moving from semis, to power & data centers, and in the last 12 months decisively towards memory stocks," Goldman wrote.
Demand from allocators, or investors who back hedge funds, has also surged during this year, amid a broadening flow of capital into the industry.

#half

While the Nasdaq composite slides below its 50-day moving average and the S&P 500 remains below that benchmark, Raymond James Financial (RJF) has popped onto the Investor's Business Daily Breakout Stocks Index. The financial services and ******* et management firm joins nine other companies in the broad banking and financial sectors.
Bank Of America (BAC), Goldman Sachs (GS), U.S. Bancorp (USB), UBS (UBS) and Bank Of New York Mellon (BNY) also made the list. In a sign of where the big Wall Street money is flowing, 10 out of the 25 names on the latest weekly update of the IBD Breakout Stocks Index hail from the banking and financial sectors.
An A+ Accumulation/Distribution Rating clearly shows institutional demand for shares of Raymond James. The score shows heavy buying of the stock by mutual funds and other large players over the last 13 weeks.
After posting single-digit top- and bottom-line growth in 2025, a projected return to double-digit earnings and sales growth this year and next provides one catalyst.
In the second quarter, Raymond James generated a 16% rise in revenue to $3.288 billion. Earnings spiked 44% to $3.14 per share. For the full year, Wall Street forecasts 12% sales growth to $15.7 billion and a 14% jump in earnings to $12.15 a share.

#james #earnings #breakout #stocks

The AI memory supercycle has emerged as one of 2026's most defining stories, and also one of its most contested. Hyperscaler capital expenditure is expected to reach $750 billion this year, with Goldman Sachs forecasting $7.6 trillion in total AI infrastructure spending through 2031, resulting in a supply shortage of NAND and DRAM memory as data center demand for high-performance storage clashes against the chipmakers' capacity limitations.
That scarcity has been aggravated by reports that TSMC may boost contract chip manufacturing prices by up to 10% in 2027, with some products facing increases of up to 20%, owing to increased materials, equipment, and overseas facility development expenses.
Sandisk Corporation (NASDAQ:SNDK) is one of the names that have benefited the most from the supercycle. Since its February 2025 spinoff from Western Digital at $35.06 per share, Sandisk Corporation (NASDAQ:SNDK) has become the single best-performing stock in the S&P 500, climbing up to 858% at its late-June peak on the back of explosive fundamentals: fiscal Q3 2026 revenue reached $5.95 billion, up 97% sequentially and 251% year-over-year, with datacenter revenue specifically up 645% year-over-year.
Management anticipates continued sequential acceleration in the fourth quarter of fiscal 2026, with total revenue expected to range between $7.75 billion and $8.25 billion and non-GAAP earnings per share between $30 and $33, as gross margins increase to near 80%. More crucially, Sandisk Corporation (NASDAQ:SNDK) reported that its remaining performance obligations and contracted backlog came in between $41.6 billion and $42 billion. Sandisk's entire 2026 enterprise AI storage capacity is sold out under long-term agreements, thus locking in multibillion-dollar cash flows for the rest of the calendar year.
Despite its strong operational reports, Sandisk Corporation (NASDAQ:SNDK) has not been immune to macroeconomic turbulence. In mid-July, shares fell 8% to 15% across a number of sessions, contributing to a 39% slide from late-June record highs, as the Philadelphia Semiconductor Index fell more than 20%. According to market ****** ysts, this pullback is the result of an industry-wide valuation adjustment rather than a structural decline in memory demand or corporate earnings power.

#sandisk #corporation #june

Enterprise AI agents were meant to be the breakout software offering for 2026, yet instead they've become one of the major sources of buyer distrust. According to Anaconda and Forrester research, over 88% of AI agent pilots never reach production, as confirmed by independent polls from a16z and MIT Sloan's CIO panel, while Gartner predicts that more than 40% of agentic AI initiatives will be discontinued entirely by 2027 due to questionable ROI.
Salesforce Inc. (NYSE:CRM) walked into the gap between agent hype and agent reality when it placed its growth narrative on Agentforce, and by 2026, that bet has made Salesforce Inc. (NYSE:CRM) one of the worst-performing components of the Dow Jones Industrial Average, down around 31.48% year to date.
The immediate cause appears to be a credibility problem, not a demand issue. Bernstein downgraded Salesforce Inc. (NYSE:CRM) to Sector Weight from Outperform on July 9, removing its price target completely and citing poor customer feedback on Agentforce in particular. According to **** yst Jackson Ader, the released data doesn't yet indicate growing momentum, and a recent CIO survey found Salesforce Inc. (NYSE:CRM) to be "a standout for the wrong reasons."
That said, this interpretation is not uniform, and the debate on the market is serious. On July 14, Goldman Sachs reiterated its Buy rating and $242 price target, expecting organic growth to pick up in the third quarter as more details on AI monetization become available at Salesforce's Agentforce event in September. Goldman's more constructive reading is based on management's own acknowledgment of headwinds in Tableau, Commerce, and Marketing, which the firm sees as realistic rather than concerning, arguing that Salesforce Inc. (NYSE:CRM) is being open about a 12-to-24-month drag on its organic growth algorithm rather than covering it up.
Salesforce Inc. (NYSE:CRM)'s historical valuation decline looks to be the most mispriced aspect of the market story. Shares are currently trading at a compressed forward earnings multiple of only 10.83x, a substantial drop from the stock's five-year historical average of over 127x. The disparity is even more obvious when compared to prominent peers such as ServiceNow, which trades at a forward P/E of around 20.43x and requires consistent revenue growth above 18% through 2028 to maintain its valuation premium. Salesforce's current valuation of less than 11x forecast earnings is in near-total deadlock, despite the company's strong free cash flow generation and substantial enterprise data integration.

#valuation #july

This story was originally published on CRE Daily. Join 70,000+ commercial real estate professionals getting daily news, market insights, and industry ****** ysis delivered straight to their inbox with the free CRE Daily newsletter.
Bank OZK reduced real estate loans to 47% of its portfolio in Q2 2026, from 52% in Q1.
CRE charge-offs and nonperforming ****** ets climbed, with foreclosures concentrated in office and life sciences.
Major competitors like Goldman Sachs and Bank of America expanded their CRE lending, diverging from OZK's pullback.
Bank OZK is taking a defensive stance on commercial real estate. According to Bisnow, the Arkansas-based lender trimmed the share of real estate loans in its total portfolio to 47% in Q2 2026—down markedly from 52% the quarter prior, and now trending well below its historical average. This reduction aligns with a plan outlined by the bank in December to shed nonperforming real estate ****** ets, even as lending peers broaden their exposure. The cautious approach stands in stark contrast to strategies at other national banks, many of which are stepping up CRE lending amid renewed market optimism and a resurgence in certain ****** et classes.

#real #bank #market

Goldman Sachs Trust's $2.4 billion portfolio signals strong institutional conviction on NVIDIA and Microsoft, with **** yst targets 25-31% above current prices.
Alphabet posted 82% quarterly earnings growth while Amazon holds 62 buy ratings, reinforcing the AI infrastructure thesis across the entire mega-cap cohort.
NVIDIA's 7-day retail sentiment dropped 21 points while prediction markets price a $216 July close versus the $302 **** yst consensus target.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Microsoft didn't make the cut. Grab the names FREE today.
Wall Street's institutional consensus on the mega-cap tech complex housed in Goldman Sachs Trust's $2.4 billion, 724-position portfolio is unambiguously bullish, with **** yst price targets sitting 31.0% and 25%+ above current prices on the two names carrying the widest gaps. Buy-side conviction has not blinked despite a rough July for the group, and the smart money is positioned for a re-rating higher on AI infrastructure earnings power.

#analyst #institutional

July 23 (Reuters) - U.S. equity holdings have surpassed real estate as a share of net financial wealth for ‌the first time since World War Two, Goldman Sachs ‌said, underscoring how stocks have become a dominant driver of household wealth and consumer spending."Equity gains have been the dominant driver of household wealth accumulation and the main contributor to a positive wealth effect on consumer spending," the brokerage said in a note on Thursday.
Here ‌are some details:
• Equity ⁠allocations among U.S. and Australasian households are approaching 50% of financial ****** ets, surpassing the levels seen ⁠during the dot-com era, Goldman noted.
• Households in the U.S., Australia and Sweden have the highest exposure to equities, while those in Europe and ****** an remain comparatively under-invested in stocks and hold a ‌larger share of their wealth in cash, the bank said.
• Strong stock-market gains since the global financial crisis, particularly over the past three to four years, have increased equities' share of global financial ****** ets and investor portfolios, with technology stocks accounting for ‌a growing portion of those holdings, Goldman said.

#Equity #Share #dominant

Russell 2000 ETF (IWM) is currently showing below average volatility with an IV Percentile of 13% and an IV Rank of 16.49%.
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#risk

PFF pays 5.52% annually on preferred stocks, but actively managed PFFA nearly doubles that yield to 9.85% via leverage and higher-coupon holdings.
PFFA's 2.11% expense ratio and leverage amplify both income and drawdown risk, making it better suited for cash-flow seekers than capital-preservation investors.
Don't wait: the ******* yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Investors who bought the iShares Preferred & Income Securities ETF (NASDAQ:PFF) did so for one reason: steady monthly income from a diversified pool of preferred stocks, without picking individual issues. PFF is the largest preferred ETF on the market at $13.548 billion in ******* ets, charges 0.45%, and has paid a monthly distribution since 2007. The problem is the paycheck. At a 5.52% dividend yield, a $100,000 stake in PFF generates roughly $5,500 a year. For a reader who wants closer to $10,000 on the same balance, an actively managed cousin from Virtus deserves a look.
The preferred-stock fund tracks the ICE Exposure-Weighted U.S. Preferred Stock Index, which is dominated by bank and insurance preferreds. The top of the book reads like a who's who of U.S. financials: Boeing at 3.98%, plus large positions across Bank of America, JPMorgan, Morgan Stanley, and Goldman Sachs preferred series. The exposure is diversified, the beta is low at 0.53, and the price barely moves. That is the appeal and the ceiling.

#yield

BMO Capital Markets has emerged as the leading financial adviser for metals and mining sector mergers and acquisitions (M&A), both in terms of deal value and volume, for the first half of 2026 (H1 2026), based on a league table from data **** ytics company GlobalData.
According to GlobalData's Financial Deals Database, BMO Capital Markets provided advisory services for 13 deals totalling $17.9bn.
In terms of deal value, Goldman Sachs ranked second, advising on transactions worth $15bn.
The Bank of Nova Scotia came next with $10.8bn, while RBC Capital Markets and the National Bank of Canada completed deals worth $10.4bn and $8.4bn, respectively.
Regarding deal volume, Canaccord Genuity Group secured the second spot with eight deals.

#volume

The year of tech companies tapping the debt markets to fuel their AI ambitions is far from over, and debt issuance is already busting through Wall Street projections, with five months left to go in 2026.
Quick insight: The numbers surrounding 2026 debt issuance border on mind-blowing.
In a new research note from Goldman Sachs strategist Amanda Lynam on Wednesday, she estimated that $489 billion of AI-related debt has been issued this year. That's already above Goldman's estimate of $322 billion for how much of this debt came to market last year.
About 40% of this year's AI-related debt supply has been issued directly by hyperscalers. Data center financing and other parts of the tech ecosystem have also contributed.
This year, Amazon (AMZN) has raised about $53 billion in debt, including a $37 billion US bond offering and more than $16 billion in euro-denominated bonds.

#debt #billion

Khing Oei, a former Goldman Sachs credit investor, says the market has Strategy's STRC preferred stock priced wrong. His math says it is worth about $96. It trades near $85.
Oei spent 25 years valuing risky debt at Goldman Sachs and hedge funds. He shared his STRC model in a recent lengthy discussion.
STRC pays a 12% dividend. Divide that by today's discounted price and you get a yield above 14%. That number is everywhere. Oei says it is wrong.
Here is the problem. That math ****** umes STRC pays out forever, no matter what. STRC promises no such thing. It never matures and never has to repay its $100 face value, known as par. It pays only while MicroStrategy can afford it.
The shares crashed 25% below par during June's Bitcoin selloff. That is what made the yield look so juicy.

MicroStrategy CEO Phong Le says Wall Street's largest banks are locked in a tight race for second place on the company's Bitcoin Banking Adoption Index.
Goldman Sachs, JPMorgan, Morgan Stanley, and Citi each score within three points of one another. Fidelity, however, still holds a commanding lead.
The Bitcoin Banking Adoption Index grades 25 major banks on Bitcoin (BTC) trading, custody, and product depth.
Strategy, formerly known as MicroStrategy, published the initial 32% score, drawing on public data through July 10.
Fidelity topped the list at 71%, built on Fidelity Digital ******* ets, the custody arm it launched back in 2018.

The market got great news from the big banks this week. All five of the largest U.S. banks reported second-quarter earnings on Tuesday, and they were almost uniformly outstanding. But although the U.S. consumer appears healthy, it was market-related activity like initial public offerings (IPOs) that really stood out.
JPMorgan Chase (NYSE: JPM) and Goldman Sachs (NYSE: GS) led the earnings parade as the two top investment banks in the country, and these divisions drove high growth in the quarter; investment banking revenue increased 45% year over year at JPMorgan Chase and 55% at Goldman Sachs.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
CEOs at both banks said they see more opportunity around the corner, with artificial intelligence (AI) playing a big role. In fact, JPMorgan Chase CEO Jamie Dimon said he thinks AI spend is going to reach $1 trillion next year.
On the second-quarter earnings call, Dimon posited that total capital expenditure is about $4 trillion, with AI representing a massive amount. "AI went from $400 billion last year to $700 billion this year," he said. "People project, which so do our people, it will be like a little over a trillion next year and maybe a little reduction in the non-AI capex."

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Find out how much you could earn by locking in a high CD rate today. The Federal Reserve cut its federal funds rate three times in 2025. So far in 2026, the Fed has left interest rates alone, and so now could be your last chance to lock in a competitive CD rate before rates move further. CD rates vary widely across financial institutions, so it's important to ensure you're getting the best rate possible when shopping around for a CD.
The following is a breakdown of CD rates today and where to find the best offers.
Generally, the best CD rates today are offered on shorter terms of around one year or less. Online banks and credit unions, in particular, offer the top CD rates.
Today, the highest CD rate is 4.10% APY. This rate is offered by Marcus by Goldman Sachs on its 14-month CD.

Khing Oei, a former Goldman Sachs credit investor, says the market has Strategy's STRC preferred stock priced wrong. His math says it is worth about $96. It trades near $85.
Oei spent 25 years valuing risky debt at Goldman Sachs and hedge funds. He shared his STRC model in a recent lengthy discussion.
STRC pays a 12% dividend. Divide that by today's discounted price and you get a yield above 14%. That number is everywhere. Oei says it is wrong.
Here is the problem. That math ***** umes STRC pays out forever, no matter what. STRC promises no such thing. It never matures and never has to repay its $100 face value, known as par. It pays only while MicroStrategy can afford it.
The shares crashed 25% below par during June's Bitcoin selloff. That is what made the yield look so juicy.

MicroStrategy CEO Phong Le says Wall Street's largest banks are locked in a tight race for second place on the company's Bitcoin Banking Adoption Index.
Goldman Sachs, JPMorgan, Morgan Stanley, and Citi each score within three points of one another. Fidelity, however, still holds a commanding lead.
The Bitcoin Banking Adoption Index grades 25 major banks on Bitcoin (BTC) trading, custody, and product depth.
Strategy, formerly known as MicroStrategy, published the initial 32% score, drawing on public data through July 10.
Fidelity topped the list at 71%, built on Fidelity Digital ****** ets, the custody arm it launched back in 2018.

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Find out how much you could earn by locking in a high CD rate today. A certificate of deposit (CD) allows you to lock in a competitive rate on your savings and helps your balance grow. However, rates vary widely across financial institutions, so it's important to ensure you're getting the best rate possible when shopping around for a CD. The following is a breakdown of CD rates today and where to find the best offers.
Historically, longer-term CDs offered higher interest rates than shorter-term CDs. Generally, this is because banks would pay better rates to encourage savers to keep their money on deposit longer. However, in today's economic climate, the opposite is true.
Today, Sunday, July 19, 2026, the highest CD rate is 4.10% APY. This rate is offered by Marcus by Goldman Sachs on its 14-month CD.
The amount of interest you can earn from a CD depends on the annual percentage rate (APY). This is a measure of your total earnings after one year, taking into account the base interest rate and how often interest compounds (CD interest typically compounds daily or monthly).

Wall Street's biggest banks just posted a record first half, turbocharged by stock trading, dealmaking, and financing tied to the AI boom.
The country's five largest Wall Street banks — JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), and Morgan Stanley (MS) — collectively reported $114 billion of capital markets revenue in the first six months of 2026, up 31.5% from a year earlier. Stock trading accounted for more than half of the increase.
The windfall showed just how deeply the AI frenzy is feeding Wall Street's profit machine. It also raises the big question: How much does the sector's momentum depend on the AI revolution?
AI is the "No. 1 earnings driver" for big banks this year, Wells Fargo **** yst Mike Mayo said in an interview. He compares the capital demands from tech firms, utilities, and related industries to a "100-foot wave" lifting Wall Street.
"Big waves can cause big falls," Mayo said, but added he doesn't expect a wipeout over the next year.