Goldman Sachs(GS)

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3 Stocks Sen.
Investor Place· 2024-07-18 20:25
Rhode Island Democratic Senator Sheldon Whitehouse just disclosed three trades of three very different companies. All three of these trades were made last month but disclosed on July 16.Whitehouse has been an active investor since 2014 and has placed 737 total trades worth $10.46 million, according to Quiver Quant. His trade volume has slowed down dramatically since 2014.Still, the Sheldon Whitehouse Strategy has managed to outperform the S&P 500 significantly since 2014. $100,000 invested with the strategy ...
Goldman Sachs Q2 2024 Earnings: Top-Tier Results, Concerns On Forward Outlook
Seeking Alpha· 2024-07-18 17:01
Pgiam/iStock via Getty Images Banks are recession favorites for a number of good reasons: when rates stay high, lending activities generate greater revenue. When crunch times hit businesses, advisory services regarding restructuring, debt underwriting, et al. generate greater revenue. Banks tend to be "value" investments; there's often very little by way of costly technology accruing obsolescence or over-planned facilities (beyond a handful of very nice HQs). The head honchos' cleaver tends to run swift and ...
Betterment and Goldman Sachs Launch Industry-First Tax-Smart Bonds Portfolio
Prnewswire· 2024-07-18 14:30
Betterment to Personalize Strategies for Investors Seeking After-Tax YieldNEW YORK, July 18, 2024 /PRNewswire/ -- Betterment and Goldman Sachs Asset Management are excited to announce the launch of the Goldman Sachs Tax-Smart Bonds portfolio. This industry-first portfolio leverages Goldman Sachs' expertise in bond markets and Betterment's automation. The portfolio seeks to generate after-tax yield. The Goldman Sachs Tax-Smart Bonds portfolio is designed for Betterment clients in higher tax brackets, who wan ...
Goldman Sachs: Q2 Earnings Show Growth Is On The Horizon
Seeking Alpha· 2024-07-18 06:28
franckreporter Early this week, Goldman Sachs (NYSE:GS) reported Q2 2024 earnings. A surge in trading revenue, coupled with record base management fees, contributed to solid results. As I'm penning these words, the stock is on track to record its eighth consecutive day of gains. Investment banking was in the doldrums throughout 2023, presenting a headwind for the bank, but there is ample reason to believe that trend is coming to an end. Less than a week ago, JPMorgan (JPM) and Citigroup (C) also reported Q2 ...
Impressive Rally: Eyeing Further Upside for This Financial Stock
MarketBeat· 2024-07-17 11:23
The Goldman Sachs Group TodayGSThe Goldman Sachs Group$503.02 +10.79 (+2.19%) 52-Week Range$289.36▼$506.59Dividend Yield2.19%P/E Ratio19.64Price Target$458.00Add to WatchlistIf you look at Goldman Sachs’ NYSE: GS 70% gain over the last nine months and wonder how much higher it can go, the answer is a lot. The uptrend is supported by revenue and earnings quality, an outlook for double-digit growth in the next fiscal year, and robust sell-side support that shows no signs of stopping. The takeaways from the Q2 ...
Goldman Sachs CEO David Solomon is predicting the long-awaited return of M&A
Business Insider· 2024-07-16 15:08
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewHello! Amazon Prime Day is back today and tomorrow, and our Reviews team has a rundown of all the best deal ...
高盛:营收利润均超预期,全球银行与市场业务表现亮眼
海通国际· 2024-07-16 01:31
[Table_Title] 研究报告 Research Report 15 Jul 2024 高盛 Goldman Sachs (GS US) 营收利润均超预期,全球银行与市场业务表现亮眼 Revenue & Profit Beat with Global Banking & Markets Strong Performance 周琦 Nicole Zhou, CFA 林加力 Jiali Lin nicole.q.zhou@htisec.com jiali.lin@htisec.com [Table_yemei1] 热点速评 Flash Analysis [Table_summary] (Please see APPENDIX 1 for English summary) 事件 高盛(GS.NYSE)发布 2024 年二季度业绩报告。 点评 24Q2 营收及利润均优于预期: 营收同比变化+16.9%,高于彭博一致预期的+14.8%。 o 净利息收入同比变化+33.14%,高于彭博一致预期的-8.9%。 o 非息收入同比变化+13.9%,低于彭博一致预期的+27.4%。 计提信用损失准备 2.82 亿美元,同比 ...
Goldman's Card Balances Up 11% as Management's ‘Pleased' With Credit Performance
PYMNTS.com· 2024-07-15 18:26
Goldman Sachs’ GreenSky sale is in the rearview mirror and its pivot from Main Street banking is ongoing.Its latest earnings results, released Monday (July 15), show that “substantially all” of the Marcus loans were sold a year ago.As PYMNTS reported earlier this year, independent digital investment advisor Betterment reached an agreement with Goldman Sachs to acquire the digital investment accounts of Marcus Invest. The accounts were slated to be transferred to Betterment by the end of last quarter. Better ...
Goldman (GS) Q2 Earnings Beat Estimates, IB Revenues Rise Y/Y
ZACKS· 2024-07-15 16:25
The Goldman Sachs Group, Inc.’s (GS) second-quarter 2024 earnings per share of $8.62 surpassed the Zacks Consensus Estimate of $8.52. This compares favorably with $3.08 reported in the year-earlier quarter.Goldman’s results have benefited from the strength in Fixed Income, Currency and Commodities Client Execution (FICC) financing revenues, investment banking (IB) and consumer banking business. Further, a decline in expenses and provisions acted as a tailwind.Net earnings of $3.04 billion increased signific ...
Q2 Earnings Parade Continues
ZACKS· 2024-07-15 16:21
Pre-markets are up solidly to start a new week of trading. This will be the first full week of Q2 earnings season, as well as ushering in plenty of economic data like U.S. Retail Sales and New Housing Starts. In any case, the Dow is currently +220 points, the S&P 500 is +18 and the Nasdaq +60 points. Some have taken the opportunity to presume the big upswing in morning futures is directly related to odds increasing of former President Trump winning the General Election this November following a failed assas ...