A month has gone by since the last earnings report for Goldman Sachs (GS) . Shares have lost about 2.2% in that time frame, outperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Goldman due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Goldman Q2 Earnings Beat Estimates, IB Revenues Rise Y/YGo ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Shares of Goldman Sachs (GS) have appreciated 24.2% year to date compared with the industry’s growth of 8.1%. The stock has outperformed the S&P 500 Index, which increased 11.1% in the same frame.Image Source: Zacks Investment ResearchGS’ impressive rebound in the Investment Banking (IB) business is supporting its growth trajectory. Its efforts to expand in the private equity market also look encouraging.Further, analysts are bullish on this Zacks Rank #3 (Hold) stock. In the past month, the Zacks Consensus ...

Goldman Sachs CEO David Solomon said the Federal Reserve won’t make emergency rate cuts before the central bankers meet in September, despite Monday’s Wall Street meltdown over heightened risks of a recession.“I don’t expect that you’ll see anything before September,” Solomon said in an interview for Bloomberg’s “The David Rubenstein Show: Peer to Peer Conversations.”  3 Goldman Sachs CEO David Solomon said he believes interest rate cuts in September are likely. REUTERS“The economy will chug along and we ...

Goldman Sachs (GS) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this investment bank have returned -0.6% over the past month versus the Zacks S&P 500 composite's -5.9% change. The Zacks Financial - Investment Bank industry, to which Goldman belongs, has lost 7.6% over this period. Now the key question is: Where could the stock be headed in the near ter ...

Economists at Goldman Sachs raised the likelihood of the US economy slipping into a recession within the next 12 months from 15% to 25% while continuing to view the risk of recession as limited, according to a report.Goldman economists led by Jan Hatzius, the firm’s chief economist and head of global investment research, wrote that they “continue to see recession risk as limited” in a report to clients on Sunday that was reviewed by Bloomberg.They said the US economy appears to be “fine overall” and noted t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-14965 The Goldman Sachs Group, Inc. (Exact name of registrant as specified in its charter) Delaware 13-4019460 (State or other jurisdiction ...

LARKSPUR, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Virtú Investments ("Virtú"), a multifamily real estate investment firm primarily engaged in the acquisition and management of apartments in the western United States, today announced it has acquired Skyglass Tower, a brand-new Class A, 338-unit, 31-story multifamily tower located in downtown Seattle, WA. Completed in 2024, the LEED Gold, glass-paneled high-rise in the South Lake Union neighborhood is comprised of luxury studio and 1-3 bedroom units, three ...

LARKSPUR, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Virtú Investments (“Virtú”), a multifamily real estate investment firm primarily engaged in the acquisition and management of apartments in the western United States, today announced it has acquired Skyglass Tower, a brand-new Class A, 338-unit, 31-story multifamily tower located in downtown Seattle, WA. Completed in 2024, the LEED Gold, glass-paneled high-rise in the South Lake Union neighborhood is comprised of luxury studio and 1-3 bedroom units, three ...

The Goldman Sachs Group, Inc. (GS) , which released its second-quarter 2024 results on Jul 15, 2024, posted a remarkable rebound in its investment banking (IB) business after witnessing a decline in the past two years. Driven by robust performance, the company’s profits jumped 61% in the first six months of 2024.Since the release of its quarterly results, the stock has moved up nearly 1.5% to $486.70. Year to date, GS has appreciated 27.8% compared with the S&P 500 Index’s growth of 15.1%. In 2023, the stoc ...