GS - The Goldman Sachs Group, Inc.
Pre-Market:
| Previous Close | 321.81 |
| Open | 322.43 |
| Bid | 0.00 x 1200 |
| Ask | 330.00 x 1000 |
| Day's Range | 321.40 - 328.07 |
| 52 Week Range | 277.84 - 389.58 |
| Volume | |
| Avg. Volume | 2,410,122 |
| Market Cap | 108.644B |
| Beta (5Y Monthly) | 1.40 |
| PE Ratio (TTM) | 11.37 |
| EPS (TTM) | 28.74 |
| Earnings Date | Jul 18, 2023 |
| Forward Dividend & Yield | 10.00 (3.16%) |
| Ex-Dividend Date | Mar 01, 2023 |
| 1y Target Est | 387.14 |
- Reuters
UPDATE 1-Goldman Sachs to start trading Japan power futures - sources
Goldman Sachs Group plans to establish a desk in Tokyo to start trading Japanese power derivatives, two people familiar with the matter told Reuters on Wednesday. More foreign energy companies and banks are seeking access to the Japanese power market, which was launched in 2016 in the wake of the Fukushima nuclear disaster in 2011, spurring trade activity by generators, consumers and distributors. The power crisis heightened the need for hedging among power suppliers and buyers, according to the sources.
ReutersGoldman Sachs to start trading Japan power futures - sources
TOKYO (Reuters) -Goldman Sachs Group plans to establish a desk in Tokyo to start trading Japanese power derivatives, two people familiar with the matter told Reuters on Wednesday. More foreign energy companies and banks are seeking access to the Japanese power market, which was launched in 2016 in the wake of the Fukushima nuclear disaster in 2011, spurring trade activity by generators, consumers and distributors. The power crisis heightened the need for hedging among power suppliers and buyers, according to the sources.
BloombergAustralia’s Economy Cools as Aggressive Rate Hikes Take Toll
(Bloomberg) -- Australia’s economy slowed more than expected last quarter as aggressive policy tightening weighed on household spending and construction, while accelerating labor costs underlined the nation’s inflation challenge.Most Read from BloombergGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another War CrimeSEC’s Co
BloombergGoldman Prepares to Enter Japan’s Growing Power Futures Market
(Bloomberg) -- Goldman Sachs Group Inc. is in the process of setting up a trading desk to handle Japanese power derivatives, according to people familiar with the matter. Most Read from BloombergGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another War CrimeSEC’s Coinbase Lawsuit Heralds Deepening US Crypto CrackdownThe ba
CNW Group2023 Leadership Ranking Released by Indiggo in Partnership with Fortune: The ROL100™
Today, Indiggo, in partnership with Fortune, announced the 3rd annual ROL100™ Ranking.
ZacksGoldman Sachs (GS) Dips More Than Broader Markets: What You Should Know
In the latest trading session, Goldman Sachs (GS) closed at $321.81, marking a -0.57% move from the previous day.
ReutersGoldman Sachs Asset Management makes $600 million bid for Norway's Froy
Goldman Sachs Asset Management (GSAM) has offered 6.6 billion Norwegian crowns ($598.8 million) in cash to buy Norwegian aquaculture service group Froy, the two companies said in a statement on Monday. GSAM said it had reached a deal to buy a 72% stake in Froy from a unit of salmon farmer Salmar for 76.50 crowns per share, and will make a bid for the rest of the shares at the same price. Salmar in January this year said it was seeking potential buyers for the stake, and Froy's share price has since risen by almost 50% to close at 72 crowns on Friday.
- Reuters
Goldman Sachs Asset Management makes $600 mln bid for Norway's Froy
Goldman Sachs Asset Management (GSAM) has offered 6.6 billion Norwegian crowns ($598.8 million) in cash to buy Norwegian aquaculture service group Froy , the two companies said in a statement on Monday. GSAM said it had reached a deal to buy a 72% stake in Froy from a unit of salmon farmer Salmar for 76.50 crowns per share, and will make a bid for the rest of the shares at the same price. Salmar in January this year said it was seeking potential buyers for the stake, and Froy's share price has since risen by almost 50% to close at 72 crowns on Friday.
Simply Wall St.With 77% ownership of the shares, The Goldman Sachs Group, Inc. (NYSE:GS) is heavily dominated by institutional owners
Key Insights Given the large stake in the stock by institutions, Goldman Sachs Group's stock price might be vulnerable...
Yahoo FinanceJPMorgan COO: 'There will be a recession at some point'
Two of the banking industry's top executives discussed the slowdown they expect to see this year on Wall Street.
BloombergGoldman Banker Who Had David Solomon Wear Lululemon to Win IPO Retires
(Bloomberg) -- Goldman Sachs Group Inc. banker Kathy Elsesser is exiting her senior perch at the Wall Street firm after a more than 30-year run.Most Read from BloombergQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersOPEC+ Latest: Ministers Still Negotiating Over African QuotasUS Chides China Over Defense Talks as Navy Sails by TaiwanChina Defense Minister Slams US, Vows to Defend InterestsElsesser, 56, was the chai
CoinDeskApple and Goldman Sachs Don’t Trust Their New Banking Customers
“Security Reviews” are locking up Apple Savings accounts for weeks on end, as a blunt-force anti-money laundering system turns customers into suspects.
BloombergGoldman Sachs Takes Aim at JPMorgan’s Billions With Copycat ETFs
(Bloomberg) -- The runaway success of JPMorgan Chase & Co.’s actively managed exchange-traded fund lineup has Goldman Sachs Group Inc. playing catchup. Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersTrillion-Dollar Treasury Vacuum Coming for Wall Street RallyUS Chides China Over Defense Talks as Navy Sails by TaiwanRich Latin Americans Transform Laid-Back Madrid Into a New MiamiChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthThe Goldman Sachs
Yahoo Finance UKMy first boss: Romi Savova, PensionBee founder and CEO
Romi Savova left her job in investment banking in 2014 with a plan to simplify pension savings in the UK.
Yahoo FinanceGoldman making 'targeted' job cuts amid 'pretty difficult' Wall Street slump
The new cuts at the Wall Street giant amount to roughly 250 positions, following two previous rounds of layoffs.
BloombergGoldman, AQR Alumni Start Niche Hedge Fund With Backing From Cliff Asness
(Bloomberg) -- A new multistrategy hedge fund run by Wall Street veterans Brian Hurst and Elisha Wiesel began trading Thursday, focusing on offbeat strategies such as temperature arbitrage.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Clears Congress, Ending Threat of US DefaultWall Street Banks Are Using AI to Rewire the World of FinanceApple Plans Major Retail Push With New Stores Across China
- Reuters
US STOCKS-Wall Street rises on hopes of Fed rate hike pause, debt ceiling deal cheer
U.S. stock indexes rose on Thursday as investors cheered a vote in Congress to suspend the U.S. debt ceiling, while signs of slowing wage pressure on inflation added to growing optimism the Federal Reserve will skip raising interest rates in two weeks. for unemployment benefits rose modestly last week, while private payrolls increased more than expected in May, pointing to a still tight jobs market that could push the Fed to keep rates elevated. But wage inflation is slowing, as reported by ADP, while a Labor Department report said the price of labor per single unit of output rebounded at a 4.2% rate in the first quarter - a downward revision from the 6.3% growth pace estimated in May.
- Reuters
US STOCKS-Wall St rises on debt ceiling deal cheer, hopes of Fed pause
U.S. stock indexes rose by midday trading on Thursday as investors cheered passage of a bill by lawmakers to suspend the nation's debt ceiling amid bets that the Federal Reserve will skip raising interest rates in its next meeting. The bill to suspend the $31.4 trillion debt ceiling headed to the Senate, which must enact the measure before a Monday deadline, when the government is expected to run out of money to pay its bills.
ReutersGoldman Sachs to cut more jobs, eyes sharp fall in markets revenue
NEW YORK (Reuters) -Goldman Sachs Group Inc plans to cut more jobs as a difficult economic environment weighs on dealmaking and trading revenue may slump 25% this quarter, the bank's president said on Thursday. "The macro backdrop is extraordinarily challenging," Goldman's president and chief operating officer, John Waldron, told investors at a conference, without specifying the scale of the layoffs. Goldman Sachs shares closed down 2.3% on Thursday, in contrast to the S&P 500 financial index, which rose 1.1% on the day.
ZacksGoldman Sachs (GS) to Slash Jobs in IB Division Amid Slump
In response to the global slump in deal-making, Goldman (GS) follows its peers to navigate industry headwinds by resorting to another round of layoffs in its IB division.
- Investing.com
HP, Hewlett Packard Enterprise and Goldman Sachs fall premarket; Avis rises
Investing.com -- Stocks in focus in premarket trade on Wednesday, May 31st. Please refresh for updates.
- Reuters
PRESS DIGEST- Wall Street Journal - May 31
The following are the top stories in the Wall Street Journal. - The Justice Department said it would drop some of the criminal charges against FTX founder Sam Bankman-Fried if the Bahamas says they violate the terms of his extradition to the U.S. - Dina Powell McCormick, one of the most senior women on Wall Street and a former U.S. government official, is leaving Goldman Sachs Group to join an investment and advisory firm run by former partners at the Wall Street giant.
- Reuters
PRESS DIGEST- Financial Times - May 31
Goldman Sachs is weighing a fresh round of job cuts amid a prolonged decrease in dealmaking that has hit profits at the investment bank. Allies of Boris Johnson have challenged the UK government after it reportedly told the Covid-19 inquiry that it could not hand over the former prime minister's WhatsApp messages and notebooks because it did not have them.
ZacksGoldman Sachs (GS) Stock Moves -0.36%: What You Should Know
In the latest trading session, Goldman Sachs (GS) closed at $330.83, marking a -0.36% move from the previous day.
- Reuters
UPDATE 2-Goldman Sachs plans to cut under 250 jobs in coming weeks-source
Goldman Sachs Group Inc is expected to cut fewer than 250 jobs in the coming weeks as a sluggish market for deals weighs on investment banking, a source familiar with the matter said. The departures could be spread across seniority levels and include partners and managing directors, the source said. The layoffs were reported earlier by the Wall Street Journal.
