Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed for Chapter 11 bankruptcy earlier this week, Britain's Financial Times reported on Saturday.
After several years of lackluster performance, financial stocks are one of the best-performing sectors in 2024. A key reason for this is the Federal Reserve's pivot to lower interest rates.
David Solomon, Goldman Sachs chairman and CEO, says the Trump administration is "talking about a variety of things that could be pro-growth."
David Solomon, Goldman Sachs chairman and CEO, discusses what possible deregulation under a Trump administration could mean for the economy.
David Solomon, Goldman Sachs chairman and CEO, sits down with CNBC's Leslie Picker to discuss whether deregulation promises made by president Donald Trump will come to fruition, expectations for markets in the new administration, and more.
Goldman Sachs CEO David Solomon expects capital markets to be more robust in 2025, he said in an interview with CNBC on Wednesday, joining a wave of positive forecasts as inflation eases and a new administration prepares to take office.
Recently, Zacks.com users have been paying close attention to Goldman (GS). This makes it worthwhile to examine what the stock has in store.
Goldman Sachs Group Inc is speaking with potential partners as it plans to spin out its digital-assets platform into a new company for large financial firms to create, trade and settle financial instruments via blockchain technology. Bloomberg's Anna Irrera has the story.
GS plans to spin out GS DAP into an industry-owned solution while collaborating with TW to unlock new business opportunities for the platform.
Goldman Sachs Chairman David Solomon has reportedly predicted stronger capital raising under the next Trump administration. Solomon also said Tuesday (Nov. 19) that there will be a more robust merger and acquisition (M&A) environment under the new president.
As the United States moves into 2025 with Donald Trump back in the White House, Goldman Sachs has outlined a positive outlook for the year, drawing on the former president's book The Art of the Deal as a metaphor for market strategy. "Think Big": Trump's philosophy of bold ambition is tied to Goldman's emphasis on the "Magnificent 7" — major tech companies such as Apple, Amazon, and Tesla.
Goldman Sachs Chairman David Solomon said on Tuesday there will be more robust levels of both capital raising and M&A in 2025 with the new U.S. administration.