Goldman Sachs Group Inc (NYSE:GS) stock was last seen down 1.1% at $546.02 after Oppenheimer downgraded the banking giant to "perform" from "outperform.
In the closing of the recent trading day, Goldman Sachs (GS) stood at $551.78, denoting a +0.08% change from the preceding trading day.
CNBC's Leslie Picker has more details on Goldman Sachs' annual CEO letter.
CNBC's Leslie Picker joins 'Squawk Box' with the latest news.
Lead Bank CEO Jacqueline Reses describes her childhood in Atlantic City as "pretty gritty," running carnival games with her brother on the boardwalk, and says she was basically living independently from the age of 14. She went on to Wharton and an early career at Goldman Sachs, which she says is still critical to her leadership and learning style.
The stock of The Goldman Sachs Group, Inc. GS is consolidating Wednesday. This follows a decline of more than 20% that began in the middle of February.
Goldman Sachs CEO David Solomon discussed the business community's thoughts on President Trump's tariffs, telling FOX Business that members of the community 'understand' his intentions.
Under former President Joe Biden, regulators took a stringent approach to mergers and acquisitions (M&A), focusing on limiting the size and scope of major deals. As we entered this year, investment banks were hopeful that a change in administration under President Donald Trump would foster a more favorable environment for M&A activities.
Goldman Sachs (GS) closed at $559.67 in the latest trading session, marking a -1.41% move from the prior day.
In the past month, The Goldman Sachs Group, Inc. GS shares have tanked 12.3% compared with the industry's decline of 10.2% and the S&P 500 index fall of 5.5%. Meanwhile, its peers JPMorgan JPM and Morgan Stanley MS have lost 9% and 13.1%, respectively, during the same time frame.
Here's why AI is NOT boosting US GDP—despite billions pouring into the technology. Goldman Sachs says a surge in corporate AI spending has yet to translate into meaningful economic growth, thanks to inflation, overseas sales, and accounting quirks that downplay its true impact.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?