Goldman Sachs

A Hacker News post is discussing a retrospective look at the origin of Apple Card, the credit card Apple launched in partnership with Goldman Sachs, as seen fifteen years on from the events described. The article recounts the backstory of how the card came to be. Comments and post activity are limited, so the specific reactions of readers are not clear from the available evidence, but the piece has drawn notable engagement on the site.

Goldman Sachs says about 80% of ultra-high-net-worth investors are reducing stock exposure and moving money into alternative assets rather than bonds. The bank's findings point to private markets, real assets and other alternatives as the preferred destination for wealthy portfolios. The shift suggests rich investors are seeking diversification beyond traditional stocks and bonds, a signal analysts say could matter for broader market sentiment and asset allocations.