Goldman Sachs Group (GS) Stock News

Goldman Sachs CEO acknowledges concerns over accelerating AI technology.

Goldman Sachs CEO David Solomon said the firm's asset and wealth management business is very well positioned for continued growth, citing attractive secular tailwinds. The comment follows the bank reporting its second-highest quarterly revenue earlier today.

Goldman Sachs CEO: recent Studies Estimate U.S. Data Center Buildout Could Require More Than $10 Trillion in Investments Through 2032.

Goldman Sachs CEO David Solomon said clients are taking action to modernize operations, secure critical capabilities, and reallocate capital toward highest-return opportunities.

Goldman Sachs CEO said the firm is simultaneously accelerating growth organically and building a stronger platform with a better product offering for clients. The statement was reported by Dow Jones Newswires.

Goldman Sachs CEO: US economy remains solid.

Goldman Sachs CEO commented that the Federal Reserve raised interest rates in September, marking the first rate hike in three years. The remark was made against an unspecified backdrop.

Goldman Sachs CEO: 3Q began with optimism on potential Middle East war resolution.

Goldman Sachs CEO David Solomon said optimism gave way as renewed geopolitical tensions and continued disruption of energy flows added complexity to the outlook, increasing oil prices, reigniting inflation concerns, and driving bond yields higher.

Goldman Sachs reported its second-highest quarterly net revenues and record year-to-date net revenues in the third quarter, CEO David Solomon said in prepared earnings remarks. Revenue was $18.68 billion. Solomon expressed confidence in long-term earnings growth despite a complicated operating environment. Shares rose 3% in premarket trading.

JPMorgan Chase and Wells Fargo reported third-quarter earnings that missed revenue expectations, with JPMorgan's FICC trading light and Wells Fargo revenue below estimates. Goldman Sachs and Citigroup are due to report before the open Wednesday. Bank stocks have struggled amid rising Treasury yields and slowing M&A.

Goldman Sachs reported Q3 compensation and benefits expenses of $5.12 billion, up 9% year-over-year. The figure adds cost detail to the bank's broader Q3 earnings beat.

Goldman Sachs reported average Global Core Liquid Assets of $574 billion for the third quarter. The figure adds detail to the bank's Q3 earnings release that beat consensus estimates.

Goldman Sachs repurchased 2.9 million shares for $3 billion during the third quarter. The buyback reduces share count and boosts per-share metrics, adding to the capital return story alongside the bank's Q3 earnings beat.

Goldman Sachs Q3 efficiency ratio 59.4%.

Goldman Sachs reported Q3 EPS of $17.01, beating the $12.86-13.02 consensus. Revenue rose 23% to $18.68B, above the $16.71-16.83B estimate. Equities revenue surged 72% to $6.44B. Investment banking fees rose 21% to $3.22B. FICC was flat at $3.47B. ROE was 18.7%. The results included a ~$975M tax benefit.

Goldman Sachs posted third-quarter operating expenses of $11.31 billion, rising 20% compared with the same period last year. The expense figure provides additional context to the bank's quarterly results that topped analyst forecasts.

Goldman Sachs's Global Banking & Markets unit posted $13.46 billion in third-quarter revenue, a 32% increase from the prior year. The result was part of the bank's broader earnings release that topped consensus estimates.

JPMorgan and Goldman Sachs are underwriting only $1.3 billion of Volta Infrastructure's $5 billion AI loan deal, leaving $3.7 billion ununderwritten. The debt is marketed at an 11% yield, signaling elevated financing risks and investor caution in capital-intensive AI infrastructure.

Goldman Sachs lifts its three-month view on global stocks to overweight from neutral, citing strong earnings, low recession risk, and moderating inflation. The firm describes a 'Goldilocks' backdrop supportive for balanced portfolios.

A Goldman Sachs report indicates that 36% of workers with annual incomes exceeding $300,000 live paycheck to paycheck.

TD Cowen issued a new price target for Goldman Sachs.

Goldman Sachs is reportedly planning a special bonus pool for executives exceeding $500 million. The claim has not been confirmed by the bank.

The Dow Jones Industrial Average fell 485 points (0.9%) in morning trading, with Caterpillar and Goldman Sachs contributing roughly 348 points of the decline. Sherwin-Williams, JPMorgan Chase, and American Express also dragged. A $1 move in any Dow component equals a 5.94-point swing.

A report claims Goldman Sachs made hundreds of millions in incentive fees from clients' early SpaceX investments after its IPO, plus roughly $100 million in advisory fees from the listing.

Goldman Sachs now expects the next Fed rate hike in December, reiterating its revised forecast from the prior day.

Goldman Sachs shifts Fed hike forecast to December from October.

post attributes to Goldman Sachs a crude export estimate of 19 mb/d for Persian Gulf producers. The figure conflicts with an earlier Goldman estimate of 23.3 mb/d for September crude shipments. The source is unverified and the discrepancy unresolved.

The fund says it was the only one in its peer group with repurchase requests below the 5% quarterly offer in 2026. Q3 gross inflows were $400 mln (4.4% of NAV). Software credit quality concerns are moderating, per SEC filing.

Goldman Sachs Private Credit Corp: about 7,605,110.708 shares — 2.03% of those outstanding — were tendered before the offer expiration on sept. 22, 2026, with the fund to.

Goldman Sachs says the clearest path to further equity gains is relief in Treasury yields. The U.S. 10-year reached 5.25%, its highest since 2007. Stocks have remained resilient but market breadth is weak. Rate-sensitive sectors have suffered most. Goldman remains overweight equities over a 12-month horizon.

Goldman Sachs board has discussed a plan for David Solomon to step down as CEO and be replaced by COO John Waldron around end of 2027 or 2028, per people familiar. Solomon likely to become executive chairman for 1-2 years. Plan requires board approval, timing fluid.

A Goldman Sachs spokesperson said the bank's succession timeline is not yet decided.

HSBC Securities resumed coverage of Goldman Sachs (GS) with a Hold rating and a price target of $1007.

Goldman Sachs estimates each week of a US diesel export ban would cut retail diesel prices by about 25 cents a gallon from the current $6.50. The bank warned a longer ban could push gasoline prices higher once storage fills. Energy Secretary Wright said last week a ban wouldn't work.

Goldman, Sachs & Co. Wertpapier GmbH will disclose its half-year financial report on September 28, 2026. The report will be in German.

Goldman Sachs expects the five largest US hyperscalers to increase AI capex 54% to $1.2 trillion in 2027, above Wall Street consensus of $1.1 trillion. The group is on track to spend $800 billion this year. Goldman estimates $300 billion annual AI revenue needed to break even and warns that rising financing needs and infrastructure constraints could slow future growth.

Goldman Sachs has reportedly earned more than $200 million in fees this year from prime brokerage lending to Leopold Aschenbrenner's Situational Awareness, making it the bank's largest prime brokerage client, according to the Financial Times.

Goldman Sachs now expects global data center capacity to reach 217GW by 2030, up from 168GW. It also raised power demand growth and behind-the-meter power estimates.