FINWIRES · TerminalLIVE
FINWIRES
Goldman Sachs

Goldman Sachs

$GS
NYSEFinancials

149 stories mentioning Goldman SachsUpdated 7h ago

Goldman Sachs and JPMorgan are exploring futures tied to GPU rental prices to help manage AI lending risks, amid a softer financial sector.

Sectors

Sector Update: Financial Stocks Advance Late Afternoon

Financial stocks were increasing in late Tuesday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each adding 0.2%.The Philadelphia Housing Index was down 0.2%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) gained 1.5%.Bitcoin (BTC-USD) was falling 3.3% to $62,249.7, and the yield for 10-year US Treasuries decreased 1.2 basis points to 4.50%.In economic news, the June flash reading of manufacturing conditions from S&P Global rose to a 49-month high of 55.7 from 55.1 in May, in contrast with an expected decrease to 54.6 in a survey compiled by Bloomberg.Redbook US same-store sales surged 10% from a year earlier in the week ended June 20 after a 9.4% year-over-year increase in the previous week.In corporate news, Goldman Sachs' (GS) equities business is on track to generate more than $5 billion in revenue in Q2, Bloomberg reported. Goldman shares were down 1%.Apollo Global Management (APO) has restricted investor redemptions for its private credit fund, Apollo Debt Solutions, following a surge in share repurchase requests from stakeholders. Apollo shares fell 2.9%.Korn Ferry (KFY) on Tuesday reported higher fiscal Q4 results, although the consulting firm issued an outlook calling for lower earnings in the current quarter. Its shares rose 5.1%.Blackstone (BX) is preparing to invest $30 billion in AI data centers in Japan within the next three to five years, Nikkei Asia reported, citing an interview with Chief Operating Officer Jonathan Gray. Blackstone shares declined 2.9%.

$APO$BX$GS$KFY
Sectors

Sector Update: Financial

Financial stocks were advancing in late Tuesday afternoon trading, with the NYSE Financial Index increasing 0.1% and the State Street Financial Select Sector SPDR ETF (XLF) ahead 0.3%.The Philadelphia Housing Index was down 0.2%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) gained 1.5%.Bitcoin (BTC-USD) was falling 3.3% to $62,249.7, and the yield for 10-year US Treasuries decreased 1.2 basis points to 4.50%.In corporate news, Goldman Sachs' (GS) equities business is on track to generate more than $5 billion in revenue in Q2, Bloomberg reported. Goldman shares were down 0.9%.

$GS
Wire

Market Chatter: Goldman Sachs' Equities Business on Track to Generate Over $5 Billion in Revenue in Q2

Goldman Sachs' (GS) equities business is on track to generate more than $5 billion in revenue in Q2, Bloomberg reported Tuesday, citing people familiar with the matter.Company executives project that business could even exceed the $5.3 billion it reported in Q1, marking the third straight quarter in which the bank's equities unit posts an industry record, the people said, according to the report.The business has benefited from a boom in activity in Asia, boosting trading and financing, due to hedge funds' interest in artificial intelligence, the report added, citing the people.Goldman Sachs did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $1099.90, Change: $-6.47, Percent Change: -0.59%

$GS
Sectors

Sector Update: Financial Stocks Lower Late Afternoon

Financial stocks were lower in late Thursday afternoon trading, with the NYSE Financial Index easing 0.3% and the State Street Financial Select Sector SPDR ETF (XLF) shedding 0.7%.The Philadelphia Housing Index gained 3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) decreased 0.2%.Bitcoin (BTC-USD) fell 2.5% to $62,660, and the yield for 10-year US Treasuries rose 2 basis points to around 4.45%.In economic news, US initial jobless claims last week fell to 226,000 from an upwardly revised 230,000 in the previous week, compared with expectations for 225,000 in a survey of analysts compiled by Bloomberg.In corporate news, Bank of America (BAC) scored an early victory in its collateral battle with Aequum Capital Financial II after a US bankruptcy judge temporarily barred Aequum from distributing cash collected from bankrupt auto-parts supplier First Brands' inventory sales, Bloomberg reported, citing the ruling. Bank of America shares were down 0.3%.SpaceX (SPCX) bankers are planning a potential bond sale of at least $20 billion to refinance a $20 billion bridge loan maturing in September 2027, Bloomberg reported. Bank of America, Citigroup (C), JPMorgan Chase (JPM), Goldman Sachs (GS), and Morgan Stanley (MS), which provided the bridge financing, are expected to run the bond sale, the report said. Citi eased 0.2%, JPMorgan was down 2%, Goldman fell 0.4%, and Morgan Stanley was 0.5% lower.Apollo Global Management (APO) made some concessions regarding its debt refinancing for photo-services company Shutterfly in a bid to entice some unwilling investors, Bloomberg reported. Apollo shares fell 0.7%.Accenture (ACN) shares fell 17% after the company trimmed the top end of its full-year revenue outlook and posted weaker-than-expected fiscal Q3 sales, while announcing three cybersecurity acquisitions totaling about $4.18 billion.

$ACN$APO$BAC$C$GS$JPM$MS
Wire

Update: Market Chatter: SpaceX Bankers Planning At Least $20 Billion Bond Offering

(Updates with decline to comment from Goldman Sachs in fourth paragraph.)SpaceX (SPCX) bankers are planning a potential bond sale of at least $20 billion to refinance a $20 billion bridge loan maturing in September 2027, Bloomberg reported Thursday, citing sources with knowledge of the matter.Talks with investors could start on Monday, although plans and timing could change, the report said.Bank of America (BAC), Citigroup (C), JPMorgan Chase (JPM), Goldman Sachs (GS), and Morgan Stanley (MS), which provided the bridge financing, are expected to run the bond sale, according to Bloomberg.Goldman Sachs declined to comment, while SpaceX and the other financial institutions did not immediately reply to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $179.67, Change: $-12.15, Percent Change: -6.33%

$BAC$C$GS$JPM$MS$SPCX
Wire

Market Chatter: SpaceX Bankers Planning At Least $20 Billion Bond Offering

SpaceX (SPCX) bankers are planning a potential bond sale of at least $20 billion to refinance a $20 billion bridge loan maturing in September 2027, Bloomberg reported Thursday, citing sources with knowledge of the matter.Talks with investors could start on Monday, although plans and timing could change, the report said.Bank of America (BAC), Citigroup (C), JPMorgan Chase (JPM), Goldman Sachs (GS), and Morgan Stanley (MS), which provided the bridge financing, are expected to run the bond sale, according to Bloomberg.SpaceX and the financial institutions did not immediately reply to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $176.81, Change: $-15.01, Percent Change: -7.83%

$BAC$C$GS$JPM$MS$SPCX
Sectors

Sector Update: Financial Stocks Softer Late Afternoon

Financial stocks were lower in late Monday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each declining 0.5%.The Philadelphia Housing Index was down 0.5%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was falling 1.5%.Bitcoin (BTC-USD) was adding 0.2% to $63,421, and the yield for 10-year US Treasuries rose 1.6 basis points to 4.552%.In economic news, consumer expectations for one-year US inflation growth decreased to a 3.5% gain in May from a 3.6% gain in the previous month, according to a survey released by the New York Federal Reserve Bank on Monday. The median inflation expectations remained unchanged at 3.1% gain for the three-year period and at a 3.0% gain for five years ahead.In corporate news, Allstate (ALL) shares fell 2.4% after Keefe Bruyette & Woods downgraded the stock to market perform from outperform and lowered the price target to $242 from $266.Blue Owl Capital (OWL), Ares Management (ARES), and Golub Capital are among firms targeting a $500 billion opportunity in Mexican pension funds, Bloomberg reported. Reforms have boosted contributions to workers' accounts, while new rules allow the Mexican funds to allocate more to international private-markets managers, the report said. Blue Owl shares were down 4.1%, and Ares rose 0.6%.Goldman Sachs (GS) and JPMorgan Chase (JPM) are exploring trading futures contracts tied to rental prices for graphics processing units, a move that could help lenders manage risks associated with financing AI infrastructure, The Information reported. Goldman shares added 0.6%, and JPMorgan was down 0.3%.Blackstone Digital Infrastructure Trust (BXDC) offers exposure to stabilized data center assets with limited development risk, while projected industry-leading AFFO/share growth and potential cap rate compression provide investment upside, with Blackstone (BX) backing adding to the credibility, BofA Securities said in a note. Blackstone Digital Infrastructure Trust shares rose 1.4%.

$ALL$ARES$BXDC$GS$JPM$OWL
Wire

Update: Market Chatter: Goldman, JPMorgan Mull Futures to Tame AI Lending Risks

(Update with Goldman Sachs' response to a request for comment in the final paragraph.)Goldman Sachs (GS) and JPMorgan Chase (JPM) are exploring trading futures contracts tied to rental prices for graphics processing units, a move that could help lenders manage risks associated with financing AI infrastructure, The Information reported Monday, citing people familiar with the matter.The banking giants may not move forward immediately, and the contracts could face regulatory questions, the report said.Goldman declined to comment, while JPMorgan didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $1049.54, Change: $+10.86, Percent Change: +1.05%

$GS$JPM
Sectors

Sector Update: Financial Stocks Softer Monday Afternoon

Financial stocks were decreasing in Monday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each declining about 0.4%.The Philadelphia Housing Index was declining 0.5%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was falling 1.4%.Bitcoin (BTC-USD) was adding 2% to $63,421, and the yield for 10-year US Treasuries was rising 2 basis points to 4.556%.In economic news, consumer expectations for one-year US inflation growth decreased to a 3.5% gain in May from a 3.6% gain in the previous month, according to a survey released by the New York Federal Reserve Bank on Monday. The median inflation expectations remained unchanged at 3.1% gain for the three-year period and at a 3.0% gain for five years ahead.In corporate news, Goldman Sachs (GS) and JPMorgan Chase (JPM) are exploring trading futures contracts tied to rental prices for graphics processing units, a move that could help lenders manage risks associated with financing AI infrastructure, The Information reported. Goldman shares rose 1.2%, and JPMorgan was down 0.2%.Blackstone Digital Infrastructure Trust (BXDC) offers exposure to stabilized data center assets with limited development risk, while projected industry-leading AFFO/share growth and potential cap rate compression provide investment upside, with Blackstone (BX) backing adding to the credibility, BofA Securities said in a note. Blackstone Digital Infrastructure Trust shares rose 2%.Carlyle (CG) will acquire Chung Ho Group for $700 million, Bloomberg reported Sunday. Carlyle shares added 0.8%.

$BXDC$CG$GS$JPM
Sectors

Sector Update: Financial

Financial stocks were decreasing in Monday afternoon trading, with the NYSE Financial Index shedding 0.3% and the State Street Financial Select Sector SPDR ETF (XLF) down 0.5%.The Philadelphia Housing Index was declining 0.5%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was falling 1.4%.Bitcoin (BTC-USD) was adding 0.1% to $63,350, and the yield for 10-year US Treasuries was rising 2 basis points to 4.556%.In corporate news, Goldman Sachs (GS) and JPMorgan Chase (JPM) are exploring trading futures contracts tied to rental prices for graphics processing units, a move that could help lenders manage risks associated with financing AI infrastructure, The Information reported. Goldman shares rose 1.2%, and JPMorgan was down 0.2%.

$GS$JPM
Wire

Market Chatter: Goldman, JPMorgan Mull Futures to Tame AI Lending Risks

Goldman Sachs (GS) and JPMorgan Chase (JPM) are exploring trading futures contracts tied to rental prices for graphics processing units, a move that could help lenders manage risks associated with financing AI infrastructure, The Information reported Monday, citing people familiar with the matter.The banking giants may not move forward immediately, and the contracts could face regulatory questions, the report said.The banks didn't immediately reply to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $1053.69, Change: $+15.01, Percent Change: +1.45%

$GS$JPM
Wire

Goldman, JPMorgan Consider Futures to Tame AI Lending Risks, The Information Reports

Goldman, JPMorgan Consider Futures to Tame AI Lending Risks, The Information Reports

$GS$JPM
Sectors

Sector Update: Financial Stocks Edge Lower Premarket Monday

Financial stocks were edging lower premarket Monday, with the State Street Financial Select Sector SPDR ETF (XLF) falling by 0.1%.The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.5% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.6% higher.Goldman Sachs-backed (GS) taxi booking app Go priced its initial public offering in Japan at 2,400 Japanese yen ($14.98) per share, according to a regulatory filing. Shares of Goldman Sachs Group were up more than 1% pre-bell.Blackstone (BX) is preparing to offload more than $2 billion in private fund stakes through a structured bond deal, the Financial Times reported. Blackstone stock was 0.9% higher premarket.Ares Capital (ARCC) established its inaugural commercial paper program, allowing the company to issue up to $1 billion of short-term unsecured commercial paper notes, the company said in a filing. Ares Capital shares were up 0.5% pre-bell.

$ARCC$BX$FAS$FAZ$GS$XLF
Sectors

Sector Update: Financial

Financial stocks were edging higher premarket Monday, with the State Street Financial Select Sector SPDR ETF (XLF) marginally advancing.The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.5% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.2% lower.Goldman Sachs-backed (GS) taxi booking app Go priced its initial public offering in Japan at 2,400 Japanese yen ($14.98) per share, according to a regulatory filing. Shares of Goldman Sachs Group rose more than 1% pre-bell.

$GS
Wire

Market Chatter: Morgan Stanley Projects SpaceX's Revenue Reaching $3.4 Trillion in 2040

Morgan Stanley (MS) sees SpaceX's revenue reaching $3.4 trillion in 2040, with the rocket maker's adjusted earnings before interest, taxes, depreciation and amortization topping $2.7 trillion in 2040, The Wall Street Journal reported Friday, citing people familiar with the matter.SpaceX, which expects to price its initial public offering at $135 per share and list under the symbol "SPCX," reported revenue of $18.67 billion and a loss of $4.94 billion in 2025, regulatory filings show.Research analysts at Morgan Stanley and Goldman Sachs (GS) have both forecasted SpaceX's revenue would reach nearly $160 billion in 2028, according to the report.Additionally, Goldman Sachs estimates SpaceX's revenue to exceed $470 billion in 2030, while Morgan Stanley projects it would reach nearly $330 billion, the report said.Morgan Stanley, Goldman Sachs and SpaceX did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $211.99, Change: $-6.29, Percent Change: -2.88%

$GS$MS$SPCX
Wire

Market Chatter: Goldman Sachs Sees SpaceX's AI Revenue Rising to $322 Billion by 2030

Goldman Sachs Group (GS) projects that SpaceX's (SPCX) $1.78 trillion initial public offering valuation depends on its artificial intelligence revenue growing about 100 times to $322 billion by 2030, the Financial Times reported Thursday.SpaceX's AI revenue is expected to rise 388% to $15.6 billion in 2026 and reach $34.5 billion in 2027, while total revenue is projected to rise to $474 billion in 2030 from $18.7 billion in 2025, the report said, citing projections discussed by the bank with a potential investor.The bank also projects revenue from Starlink and the rocket business at $144 billion and $8.3 billion, respectively, in 2030, while adjusted earnings before interest, taxes, depreciation, and amortization are forecast to surge to $352 billion in 2030 from $6.6 billion in 2025, the report said.Goldman Sachs declined to comment, while SpaceX didn't immediately reply to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $1087.44, Change: $+46.42, Percent Change: +4.46%

$GS$SPCX
Sectors

Sector Update: Financial Stocks Decline Late Afternoon

Financial stocks fell in late Wednesday afternoon trading with the NYSE Financial Index decreasing 1% and the State Street Financial Select Sector SPDR ETF (XLF) shedding 1.1%.The Philadelphia Housing Index dropped 0.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) rose 0.2%.Bitcoin (BTC-USD) fell 2.5% to $65,538.2, and the yield for 10-year US Treasuries rose 3.6 basis points to 4.49%.In economic news, the Organization for Economic Co-operation and Development lowered its global economic growth projection for 2026, cautioning that the fallout from the Middle East conflict may linger.In the US, employment in the private sector increased more than expected in May, ADP data showed.The US services sector saw continued expansion in May, with Institute for Supply Management data showing a faster growth rate sequentially, while S&P Global (SPGI) pointed to a deceleration. Both surveys indicated elevated cost pressures and signs of weakness in the labor market.In corporate news, Morgan Stanley (MS) will allow clients' AI agents to connect directly to its stock administration platforms, ShareWorks and Equity Edge, CNBC reported, citing Morgan Stanley at Work Chief Product Officer Mark Mitchell. Morgan Stanley shares fell 2%.Amazon-backed (AMZN) Anthropic has chosen Goldman Sachs (GS) and Morgan Stanley to lead its initial public offering, Bloomberg reported. JPMorgan Chase (JPM) is also working on the deal, the report said. Goldman shares fell 1.7%, and JPMorgan eased 0.2%.Pershing Square (PS) will sell 80.6 million Universal Music Group shares in an overnight placing as Bill Ackman's hedge fund looks to exit its position, Bloomberg reported. Pershing shares fell 3.6%.Hartford Insurance (HIG) agreed to sell its Hartford Funds unit to Wellington Management in a deal with a net present value of $1.9 billion. Hartford shares fell 1%.

$GS$HIG$JPM$MS$PS
Wire

Market Chatter: Morgan Stanley to Open Wealth Platforms to External AI Agents

Morgan Stanley (MS) will allow clients' artificial intelligence agents to connect directly to its stock administration platforms, ShareWorks and Equity Edge, CNBC reported Wednesday, citing Morgan Stanley at Work Chief Product Officer Mark Mitchell.The move would allow autonomous agents to pull data and insights directly from the platforms, bypassing traditional interfaces built for human users, Mitchell told CNBC.The bank has already granted early access to a handful of clients and plans to expand it to all 3,400 corporate administration clients by next year, Mitchell added, according to the report.Morgan Stanley did not immediately respond to a request for comment from.Rivals JPMorgan Chase (JPM) and Goldman Sachs (GS) are using AI agents internally but have yet to announce steps to open their systems to external agents, CNBC said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $211.14, Change: $-3.84, Percent Change: -1.79%

$GS$JPM$MS
Sectors

Sector Update: Financial Stocks Decline Wednesday Afternoon

Financial stocks were lower in Wednesday afternoon trading, with the NYSE Financial Index decreasing 0.8% and the State Street Financial Select Sector SPDR ETF (XLF) shedding 0.9%.The Philadelphia Housing Index was down 0.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 0.7%.Bitcoin (BTC-USD) was falling 2.4% to $65,724, and the yield for 10-year US Treasuries was rising 5 basis points to 4.497%.In economic news, the Organization for Economic Co-operation and Development lowered its global economic growth projection for 2026, cautioning that the fallout from the Middle East conflict may linger for some time even after its resolution.In corporate news, Amazon-backed (AMZN) Anthropic has chosen Goldman Sachs (GS) and Morgan Stanley (MS) to lead its initial public offering, Bloomberg reported. JPMorgan Chase (JPM) is also working on the deal, the report said. Goldman shares were down 1.8%, Morgan Stanley shed 1.9%, and JPMorgan decreased 0.1%.Hartford Insurance (HIG) has agreed to sell its Hartford Funds unit to Wellington Management in a deal with a net present value of $1.9 billion, the companies said Wednesday. Hartford shares were down 0.7%.Deutsche Bank (DB) may set aside more money for loan losses than analysts expected in Q2, although provisions are expected to be lower than in the previous quarter, Bloomberg reported, citing CFO Raja Akram. Deutsche shares fell 3.3%.

$DB$GS$HIG$JPM$MS
Sectors

Sector Update: Financial

Financial stocks were lower in Wednesday afternoon trading, with the NYSE Financial Index decreasing 0.8% and the State Street Financial Select Sector SPDR ETF (XLF) shedding 1%.The Philadelphia Housing Index was down 0.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 0.6%.Bitcoin (BTC-USD) was falling 1.2% to $65,838, and the yield for 10-year US Treasuries was rising 4 basis points to 4.495%.In corporate news, Amazon-backed (AMZN) Anthropic has chosen Goldman Sachs (GS) and Morgan Stanley (MS) to lead its initial public offering, Bloomberg reported. JPMorgan Chase (JPM) is also working on the deal, the report said. Goldman shares were down 1.8%, Morgan Stanley shed 2%, and JPMorgan decreased 0.3%.

$GS$JPM$MS

Showing 61-80 of 149

Track with the FINWIRES app suite