- Roundhill Investments has launched the Roundhill BIG Bank ETF (BIGB), which began trading on Nasdaq today, and provides concentrated and cost-efficient exposure to the largest and most-liquid US bank stocks including Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo – as a result, Goldman Sachs' stock went up around 2.5%.
- Warren Buffett has reportedly been in talks with the Biden administration about investing in regional banks amid recent turmoil in the sector, prompting speculation that he may inject dollars into the banking system, reassuring depositors that their money is safe and prompting investors to buy shares in regional banks, and this potential move by Buffett may have increased investor confidence, leading to Goldman Sachs (GS) stock being up 2.5%.
- Goldman Sachs' (GS) stock went up 2.5% last night, but the article mainly discusses pharmaceutical giant Eli Lilly (LLY) and its potential for growth due to the recent success of its diabetes medicine Mounjaro and a strong portfolio of products; LLY's earnings are expected to compound by 22.9% annually over the next five years, and it is a no-brainer buy for dividend growth investors with a five-plus-year investing time frame.
- Goldman Sachs stock went up last night as part of a group of 11 banks that announced a $30bn rescue package for First Republic Bank to prevent it from becoming the third to fail in less than a week and head off a broader banking crisis.
- Goldman Sachs' stock went up 0.93% as it follows Amazon's logic for starting AWS in the first place and will provide clients access to some of the data that it uses for internal operations, which will be made available using technology from a partnership between data cloud services provider Snowflake and AWS, helping Snowflake to monetize the data and possibly accelerating its top line growth as it continues to expand its services with businesses like Goldman Sachs.
- The failure of Silicon Valley Bank, resulting from investing in long-dated Treasury bonds, has caused concern about the lack of banking regulations, with Dodd-Frank failing to address the issue, and Trump's rollback of regulations exacerbating the situation, leading to the potential for further bank failures. This has resulted in regulators moving in to prevent depositors from losing their money, and the failure of the bank has highlighted the need for stricter banking laws and regulations. The increase in the price of Goldman Sachs (GS) stock is not addressed in the article.
- Goldman Sachs has raised its predicted probability of a US recession in the next 12 months to 35%, citing "increased near-term uncertainty around the economic effects of the stress on small banks" following the collapse of Silicon Valley Bank and Signature Bank last week. Despite this, last night Goldman Sachs stock was up 0.93%.
- The struggling aerospace company Virgin Orbit announced a temporary pause on operations and furlough of nearly all staff in a move to buy time for officials to organize an investment plan, following a failed satellite deployment mission in January, and its shares reportedly slumped more than 32%, tumbled to a record low; in other news, Goldman Sachs raised their recession indicator following the collapse of three regional banks, guessing a 35% chance of a US recession over the next 12 months, up from their previous estimate of 25%, and as large tech companies and manufacturers implemented a series of massive layoffs.
- Stripe has raised over $6.5 billion in a funding round from investors including Goldman Sachs Asset and Wealth Management, Baillie Gifford, Temasek and GIC, among others, with Stripe's
post-investment valuation now at $50 billion, not taking into account the dilution from the share buys, as the company does not need extra funding but is looking to address the vesting restricted stock units held by its staff.
- Goldman Sachs (GS) stock is down 3.09% following Credit Suisse's shares plummeting roughly 14% in US trading which led to a ripple effect, causing JPMorgan to close down 4% and Wells Fargo to close down about 3%, emphasising rising concerns among investors of wider fallout in the financial industry amid fears of its viability following two US bank failures in recent days.
- Goldman Sachs stock went down by 3.09% last night as the company lowered its 2023 economic growth forecast due to a pullback in lending from small- and medium-sized banks and turmoil in the broader financial system.
- Goldman Sachs (GS) and Citigroup Inc have seen their five-year credit default swaps hit their highest levels since November 2020 amid growing credit stress for Wall Street banks and concerns over resilience due to the Credit Suisse crisis and others in regional banks, as well as a jump in the cost for banks to insure bonds against default.
- Goldman Sachs (GS) stock went down by 3.09% due to investors becoming cautious amid the US Federal Reserve's monetary tightening, resulting in fintech startup Stripe's valuation falling by nearly 50% to USD 50 billion from two years ago.
- Goldman Sachs stock went up by 2.1% last night, and Goldman Sachs has listed the best stocks to buy in light of Silicon Valley Bank's recent struggles.
- Goldman Sachs (GS) stock went up 2.1% due to investors moving their attention to the potential impact on the US economy caused by the recent Silicon Valley Bank deposits situation, with risks towards stocks and sectors beyond the threat of a bank run contributing to a decline in stock markets.
- Goldman Sachs stock rose 2.1% as the recent Federal Bank Term Funding Programme, designed to halt deposit outflows and shore up liquidity following the collapse of Silicon Valley Bank, grants the Fed extra scope to raise interest rates without losing bank bonds, according to analysts, despite reports suggesting that major banks are calling for a pause from the Fed next week.
- This article reminds investors of the deadline to file a lead plaintiff motion in the class action lawsuit against Sotera Health Company, which faces legal issues related to its sterilization services that caused exposure to toxic emissions; as a result, its stock price fell, and investment banks like Goldman Sachs and JP Morgan downgraded its stock, leading to an injury to investors, and this legal action alleges that the company made materially false and/or misleading statements, causing investors to suffer significant losses. It does not mention why Goldman Sachs stock went up.
- Nomura analysts predict that the Federal Reserve may cut the target range for fed funds by 25 basis points to 4.25%-4.50% at next week's meeting and pause their programme of selling bonds back into the market after the collapse of three US banks over the last week, which may explain why Goldman Sachs (GS) stock rose 2.1% last night.
- Goldman Sachs stock has dropped by 3.71% after the yields on short-dated US Treasury securities plunged on the back of the Silicon Valley Bank (SVB) collapse, with investors installing government debt as a safe-haven bet, thus reducing expectations of a significant Federal Reserve rate rise.
- Goldman Sachs' stock went down due to analysts downgrading it after investors learned that Sotera Health, in which Goldman Sachs has a significant stake, had been found liable for a plaintiff's cancer related to excessive amounts of toxic Ethylene Oxide gas emissions from its sterilization facilities.
- Law firm Pomerantz LLP is investigating potential securities fraud or other unlawful business practices by Sotera Health Co. and certain officers and/or directors, causing a potential drop in Sotera's stock price and impacting investors.
- The law firm Bragar Eagel & Squire has started class action lawsuits against Y-mAbs Therapeutics, Fate Therapeutics, Sotera Health, and Argo Blockchain, and Goldman Sachs (GS) stock went down -3.71% for unreported reasons.
- Goldman Sachs (GS) stock went down by 3.71% due to investor's shift towards safe investments, such as U.S. Treasuries, following recent bank failures, while some Wall Street firms now expect the Federal Reserve to slow its pace of interest rate hikes to reduce the pressure on the beleaguered banking industry.
- Goldman Sachs (GS) stock went down 4.22% last night, likely impacted by the news of the February jobs report showing a robust gain of 311,000 jobs, which could lead to an acceleration of interest rate hikes by the Federal Reserve to combat inflation, causing fears of a recession.
- Goldman Sachs (GS) stock went down 4.22% last night, but the article does not provide a reason for the drop in price as it discusses Ulta Beauty's Q4 2022 earnings call instead.
- Silicon Valley Bank (SVB) has collapsed, triggering a run on the bank that sparked concerns about the banking sector as a whole, causing shares of other smaller and regional lenders and other big banks to decline; stocks of Goldman Sachs (GS) fell by 4.22% on Friday. SVB was a California-based bank that catered to tech investors and became a big player in the tech sector, but it punched above its weight during its 40-year history.
- According to Goldman Sachs, Xero's share price could rise up to 34% over the next 12 months due to significant cost savings after reducing the workforce, along with forecasting strong revenue growth and earnings estimates.
- Goldman Sachs (GS) stock went down by 7% as Silicon Valley Bank (SVB) failed to raise £1.5 billion in funding, leading to a loss after a fire sale in its asset portfolio, thereby sparking concerns about the stability of other financial institutions.
- Clearwater Analytics Holdings priced its underwritten secondary public offering of its Class A common stock, leading J.P. Morgan, Morgan Stanley, and Goldman Sachs acting as additional bookrunners, with the offering expected to contribute to the decline in Goldman Sachs' stock.
- Investors are awaiting product updates and more information on Apple's business in China at the upcoming annual shareholder meeting, while Goldman Sachs predicts the stock will reach $199 despite its current -15.6% dip from its high on Jan 3, 2021, citing its installed base growth, secular growth in services, and new product innovation.
- Goldman Sachs' stock went down by 2.06% as entities owned by Bessemer India Capital Holdings II and Gokaldas Exports' promoter group entity sold off their stakes in Home First Finance Company India and Gokaldas Exports, respectively.
- Goldman Sachs (GS) promoted "there are reasonable alternatives" (TARA) over "there is no alternative" (TINA) in September 2019, with the strategists underweighting stocks in favour of cash, however, in the past five months, stocks have rebounded almost 10% above inflation whereas a treasury bill only returned 1.7%, roughly the same as inflation, leading to unimpressive results for TARA and a -2.06% decline in GS stock.
- Shares of Silicon Valley Bank have fallen over 80% after it lost $1.8bn in the sale of US treasuries and mortgage-backed securities, causing the bank to raise $2.25bn through a complicated series of share sales that backfired due to the concurrent announcement of the crypto bank Silvergate's winding down of operations; Silicon Valley Bank's estimated 6,500 customers are reportedly "nervously scrambling to figure out what to do," and it's expected that a white knight will eventually acquire the bank, with Goldman Sachs one of the most speculated suitors.
- Goldman Sachs (GS) stock was 0.93% up, likely due to a decline in M&A activity and activist hedge funds calling for the replacement of top executives due to frustration over the companies' stock performance.
- Goldman Sachs stock (GS) went up by 0.93% last night, and the article provides insights on growth stocks that analysts believe could be the best buy options right now, including Airtasker, Readytech Holdings, Nanosonics, Webjet Limited, Treasury Wine Estates, and Xero Limited.
- Goldman Sachs stock rose by 0.93% as Chipotle Mexican Grill posted strong revenues and profitability despite rising inflation, proving to be a resilient business even during macroeconomic headwinds.
- Hedge funds' gross exposure increased to peak levels for the last year but long wagers minus short ones, known as net exposure, is close to a year low; Goldman Sachs, which released the figures, called it a more market neutral approach, while others have said it is a more cautious approach due to the risk of recession and an uncertain economic picture, and as a result, investors are keeping their powder dry which is why Goldman Sach's stock went up 0.93% last night.
- Federal Reserve Chairman Jerome Powell has not yet decided how much the central bank will raise interest rates, mitigating speculation from earlier in the week that it would raise rates by 0.5% at the next meeting and leading Goldman Sachs to declare that it expected the benchmark short-term rate to increase to roughly 5.6%, compared with the 4.6% current level.
- Goldman Sachs stock went down by 3.07% last night due to a global market downturn and concerns over inflation, despite bullish reports from Wall Street analysts about the company's ratings on Apple stock.
- The article mentions that despite the Goldman Sachs (GS) stock being down by 3.07% last night, the research and analysis from the company and its analyst still consider it as a good opportunity to buy with an increased target price from CHF 38 to CHF 41, and it does not provide any reason for the stock going down.
- Goldman Sachs Asset Management's co-CIO, Maria Vassalou, discusses her transition from academia to the industry and her approach to macro, quantitatively driven and academic research-oriented investing, including her belief that if an asset pricing anomaly persists, it may be due to an underlying risk factor, as well as the impact of GDP growth and investment growth on value versus growth stock performance; the stock may have fallen due to factors beyond Vassalou's comments.
- The article announces that BP has purchased a significant amount of its own shares on the London Stock Exchange and Cboe, and Goldman Sachs International (GSILGB2XXXX) has made purchases, but it does not provide information on why the Goldman Sachs (GS) stock went down by 3.07%.
- Droit, a technology firm that provides regulatory compliance solutions to the financial industry, announced on March 7, 2023 that it has raised a $23m series B investment round co-led by Pivot Investment Partners and UBS, which also included existing investor Goldman Sachs; the funds will be used to expand Droit's offering of new products and services, including those specific to wealth management.
- Goldman Sachs initiated coverage of Apple with a Buy rating and $199 price target, causing the stock to rise more than 3%, but last night it was down by 0.01%, and the reason for the decline is not mentioned in the article.
- Goldman Sachs tells clients to buy Apple for the first time in years, however, this positive news did not prevent Goldman Sach's stock from going down by -0.01%. The reason for the stock decline is not mentioned in the article.
- Goldman Sachs has initiated coverage of Apple with a Buy rating, expecting its loyal customer base to help in increasing average revenue per user, while the growth of its services unit should offset the near-term slowdown in hardware sales.
- Foxconn needs to secure a big contract to prove that it can succeed in creating customized EVs for automakers and other customers, analysts say, as the Taiwanese contract manufacturer faces competition in the EV market and pursues its target of manufacturing nearly half the world's EVs.
- Goldman Sachs' stock was down by 0.01% last night and the article cites several reasons for this, including challenges in Silicon Valley's tech industry, concerns about investing in China, a history of interest rate cycles, and political pushback against socially responsible investment choices in Congress.
- Goldman Sachs (GS) stock went up 2.29% last night as Wall Street stocks posted strong gains as data pointing to U.S. economic growth boosted risk appetite, with investors trying to gauge the path for Federal Reserve rate hikes, after strong U.S. data in recent weeks suggested rates may need to be higher for longer, and Goldman Sachs market strategists predicted that the upward pressure on yields will ultimately limit damage to equities and provide a tailwind to commodities.
- Goldman Sachs(GS) stock went up by 2.29% last night, but this article is about a High Court ruling that allows for the swap of a portfolio of Russian shares worth £274mn, held by broker Sova Capital, for a creditor claim of £233mn that creditor, Alexei Avdeev, has against the broker's business; the ruling confirmed that the deal did not breach Western laws and so allows the owners of Russian assets previously made almost impossible to trade by sanctions relating to the war in Ukraine to test exit routes through credit bidding.
- Goldman Sachs (GS) stock went up 2.29% last night, but the article provided does not explain the reason behind the increase.
- The article does not mention anything about the reason for Goldman Sachs (GS) stock going up; it only reports on EngageSmart's announcement about the closing of its public stock offering.
- Goldman Sachs (GS) stock went up 2.29% last night, potentially due to global fixed income inflows experiencing consistent strong inflows, and government bond funds and investment grade credit funds fueling the majority of the investment growth.
- Goldman Sachs is an investment bank, so its stock goes up when the economy is doing well because that is when its clients are spending more money.
- Goldman Sachs is bullish on the Coles Group Ltd (ASX: COL) and its dividends.
- Goldman Sachs AG (GS) is a multinational financial services corporation. The company provides products and services in investment banking, securities brokerage, fixed income, commodities and investment management. Goldman Sachs stocks are considered to be a good investment because of its stable earnings, dividend, and its position in the stock market.
- Goldman Sachs is a financial institution that provides investment banking, securities, and investment management services. The company provides these services to large clients such as corporations, governments, and institutions.
- Goldman Sachs analysts like the company's positioning in the reinsurance market and its expected growth.
- Goldman Sachs is a major financial services company that provides services such as investment banking and asset management. Goldman Sachs has done well recently, largely due to their strong performance in the investment banking sector. Goldman Sachs stock is up generally because investors believe that the company will continue to do well in the future.
- Goldman Sachs is a financial institution and part of the Morgan Stanley group. Goldman Sachs offers a wide range of services, including investment banking, securities and commodities trading, capital markets, and the provision of advisory services. Goldman Sachs is a component of the S&P 500 index.
- Goldman Sachs is a leading global financial services firm with over 100 years of experience. Its products and services include investment banking, securities, investment management, and retail banking. Goldman Sachs is also involved in a number of joint ventures, including a financial technology company, which provides services such as credit monitoring and fraud prevention. The company has a strong presence in many of the world's key markets, including Europe, the United States, Asia, and Latin America. Goldman Sachs is currently trading at an trailing twelve months (ttm) EPS of EUR 11.87.
- market volatility helped boost trading
- solid quarterly results from Goldman Sachs and Lockheed Martin lessened worries of a weak earnings season.
Goldman Sachs Group Inc (GS.N) gained 2.33% after reporting a smaller-than-expected drop in quarterly profit as a boost in net interest income cushioned the blow from a slowdown in investment banking
- positive bank earnings twist
- after the bank reported a 44% profit drop, but beat forecasts and confirmed its revamp plan
- rising interest rates
- third-quarter revenue and earnings beat expectations
- catalysts with the IRA
- better-than-expected bank earnings
- 2.8% higher in mid-day trading following the earnings release
- topping earnings and sales estimates
- positive third-quarter earnings reports
- 2.5% to $314.50
- the Wall Street bank announced an organizational realignment along with its Q3 earnings and net revenue that easily exceeded consensus estimates
- reported a smaller-than-expected decline in profits and a corporate reorganization
- third-quarter results
- reports of a plan to combine its investment banking and trading businesses
- strong earnings from Goldman Sachs ignited hopes that upbeat corporate reports could help soothe market worries of a potential recession due to rising inflation and interest rates.
The Dow Jones Industrial Average surged 337.98 points, or 1.1%, to 30,523.80, the S&P 500 was up 1.1%, at 3,719, and the Nasdaq was up 0.9%, at 10,772.
Goldman Sachs jumped 2.5% after reporting a smaller-than-expected drop in quarterly profit due to a slowdown in investment banking
- better-than-expected earnings
- impressive earnings
- reporting results that beat forecasts
- resilient earnings
- better-than-expected trading results
- better-than-expected third-quarter results
- delivering results that beat estimates