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Goldman Sachs Newsroom
Earnings Preview: GS to Report Financial Results Pre-market on July 15
$Goldman Sachs(GS.US)$ is scheduled to release its financial results pre-market on July 15. Earnings PreviewAnalysts estimate $Goldman Sachs(GS.US)$ to post revenue of USD12.37 billion for 2024Q2,
A Big Bank Rally Is About to Be Be Put to the Test
U.S. stocks surged in anticipation of the earnings season, with Citigroup and Bank of America hitting historic highs. Baidu rose more than 8% overnight, marking the largest closing gain since February 2023.
Several major banks reached record highs in stock performance, with Citigroup up nearly 3%, Bank of America and Goldman Sachs up over 2%; Corning, the 'low-key winner' of the AI boom, jumped nearly 16% in two days, with a nearly 50% increase in the year; institutions are bullish on semiconductor equipment, with Applied Materials, Lam Research, and KLA Corp all seeing increases of over 40% this year.
What to Watch When Bank Earnings Season Kicks Off -- WSJ
The country's biggest banks start to report quarterly earnings this week, with results from JPMorgan Chase, Citigroup and Wells Fargo due Friday.
How Will Bank ETFs Perform in Light of Q2 Earnings?
Big banks will start releasing their quarterly numbers this week. Let’s delve into the earnings potential of the big six banking companies that could drive the performance of the sector ahead.
US Bank Profits Face Pressure From Lower Interest Payments, Higher Credit Losses
Some of the largest US banks will probably report weaker profits for the second quarter as they earn less from interest payments and set aside more money to cover deteriorating loans, analysts said.
Bank Earnings Start This Week: What Wall Street Is Watching
USA large banks' Q2 performance outlook: Interest income curve is sluggish, and crediting quality is a midterm key.
According to RBC capital markets on Tuesday, July 9, net interest income and margin profit of small and regional banks are still the main areas of concern for investors in the near future, while credit quality is more of a mid-term issue.
Express News | Goldman Sachs BDC, Inc. Schedules Earnings Release and Conference Call to Announce Second Quarter 2024 Results
Second-Quarter Capital Markets Activity Shows Signs of Gradual Recovery, UBS Says
Capital markets activity in the second quarter showed signs of a gradual recovery even as the pace of global merger and acquisition announcements moderated, UBS Securities said in a note e-mailed
See you on Friday! It is predicted that the profits of large banks in the USA will collectively decline due to reduced interest payments and increased credit losses.
As facing pressure from lower interest payments and higher credit losses, analysts said some of the biggest banks in the US may report a decline in Q2 profits as they earn less revenue from interest payments and set aside more funds to compensate for deteriorating loans.
Goldman Sachs Is Maintained at Buy by UBS
Goldman Sachs Is Maintained at Buy by
UBS Maintains Buy on Goldman Sachs Gr, Raises Price Target to $535
UBS analyst Brennan Hawken maintains Goldman Sachs Gr with a Buy and raises the price target from $490 to $535.
Goldman Sachs Gr Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/09/2024 12.99% UBS $490 → $535 Maintains Buy 07/03/2024 0.31% Evercore ISI Group $440 → $475
Dynamic Investment Approach Needed With Rates Cuts Seen Ahead -- Market Talk
1350 ET - Evolving expectations on the timing and pace of interest rate policy shifts underscores the need for a dynamic investment approach in the coming months, Goldman Sachs Asset Management says
Goldman Sachs Thinks There 'Absolutely' Will Be a Soft Landing. Here's How to Play It. -- Barrons.com
By Paul R. La Monica Strategists at Goldman Sachs are confident that inflation pressures will continue to abate. That could prompt the Federal Reserve to cut interest rates as soon as September. "It
Express News | Wells Fargo up 1.6%, Citigroup up 2.7%, Morgan Stanley up 1.6%
Express News | JPMorgan Chase up 2%, Bank of America up 2.6%, Goldman Sachs up 2%
Express News | U.S. Banks Shares Rise as Fed Chair Jerome Powell's Testimony Underway
UBS Maintains Goldman Sachs(GS.US) With Buy Rating, Raises Target Price to $535
UBS analyst Brennan Hawken maintains $Goldman Sachs(GS.US)$ with a buy rating, and adjusts the target price from $475 to $535.According to TipRanks data, the analyst has a success rate of 59.6% and