Stock Movers Goldman Sachs Rises, Applied Materials Jumps, Coinbase Falls After Senate Crypto Bill Delayed
Jan 15, 2026
Goldman Sachs hits a record with $4.31 billion in equities-trading revenue, raising its dividend and boosting asset management targets. Applied Materials sees a rise after a Barclays upgrade and a positive forecast from TSMC for AI chip demand. Meanwhile, Coinbase faces a setback as shares drop after the Senate Banking Committee postpones discussions on a crucial crypto market structure bill, prompting Coinbase to withdraw its support due to limitations on stablecoin rewards.
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Goldman Posts Record Equities Revenue
- Goldman Sachs posted a record $4.31 billion in equities-trading revenue in Q4, signaling strong trading performance.
- Nora Melinda notes expenses remain a potential dark spot despite positive reception from Wall Street.
Applied Materials Rides AI Chip Demand
- Applied Materials jumped about nine percent after Barclays upgraded the stock to overweight from equal-weight.
- Nora Melinda links the move to TSMC's bullish capex target and broad AI chip demand lifting tech names.
Coinbase Slips After Bill Delay
- Coinbase shares fell roughly 4% after the Senate Banking Committee delayed discussion of a crypto market structure bill.
- Nora Melinda reports Coinbase withdrew support because the bill limited stablecoin rewards.