Goldman Sachs Group is a leading global investment banking, securities, and investment management firm that provides a wide range of financial services to a diverse client base, including corporations, financial institutions, governments, and individuals. The company engages in various activities, including financial advisory services, underwriting of capital market transactions, asset management, and market making in securities and commodities. It is known for its expertise in mergers and acquisitions, risk management, and investment strategy, leveraging its extensive research capabilities and global reach to deliver innovative solutions in an ever-evolving financial landscape. Read More
Goldman Sachs anticipates that ongoing macroeconomic volatility and consumer strain will act as a drag on the more "macro-sensitive segments,” such as hotels.
Morgan Stanley now estimates Apple's annualized tariff cost burden to be a much more "manageable" $7 billion, or just 5% of EBIT, versus the $44 billion estimates as of last Thursday.
Goldman Sachs analyst Lizzie Dove downgrades U.S. Lodging C-Corps and Timeshares due to weaker consumer demand, geopolitical uncertainty, and negative impacts from U.S. airlines. The forecast for 2025 RevPAR is lowered by 125 basis points, with a 45% probability of a U.S. recession. Preference shifts towards asset-light companies with global exposure, focusing on non-RevPAR and ancillary revenues amid uncertain macro conditions.
Goldman Sachs analyst Kate McShane shares insights on Dollar Tree and Home Depot, highlighting tariff impacts, valuation metrics, and inventory strategies.
Wall Street pared early morning gains by midday Monday, as investor caution returned despite a temporary easing in U.S.-China trade tensions. While the initial market reaction was positive, especially in tech, enthusiasm faded as the trading session progressed.
Goldman Sachs (NYSE:GS) reported higher first-quarter results, with revenue of $15.06 billion beating expectations at $14.81 billion. Net interest income also rose. Global Banking & Markets saw a 10% increase in revenue, while Investment Banking fees declined 8%. The company also approved a $40 billion stock buyback program and declared a dividend of $3.00 per share.
The group has revised its 2026 global oil demand growth estimates and expects the figure to hit 1.28 million barrels per day (mb/d), compared to the 1.45 mb/d projected earlier.
