News

Goldman CEO David Solomon says fears over the trade war mean ‘material risks for the U.S. and global economy’ on Q1 call
News of the Q1 beat caused Goldman shares to rise nearly 2% to $501.95 in early afternoon trading Monday. Goldman economists ...
American Banker1d
No more Trump 'tailwind': Goldman now sees recession risk
Just three months after hailing a positive "sentiment shift" following last November's election, Goldman Sachs CEO David ...
Goldman Sachs cashes in on stock market turmoil as bank posts $4.7B profit
Goldman Sachs cashed in on stock market turmoil over President Donald Trump’s tariffs — with the bank’s stock traders bagging ...
Goldman Sachs exceeds profit estimates as traders cash in on volatile markets
Goldman Sachs surpassed first-quarter profit estimates, fueled by stock traders who capitalized on volatile markets to bring ...
Goldman Sachs CEO says ‘general message to people is to go slow’
Speaking on the company’s earnings call, Goldman Sachs CEO David Solomon said in part: “I would I would say the level of uncertainty is up significantly and it’s partially u ...
The New York Times1d
Good Luck Getting Goldman Sachs to Even Say the Word ‘Tariff’
By Rob Copeland Goldman Sachs on Monday revealed its latest financial ... Solomon, the bank’s chief executive, unfurled a bouquet of euphemisms, saying that there had been “landscape changes ...
Goldman Sachs increases recession probability, warns of further downgrade if more tariffs take effect
Goldman Sachs increased its forecast for a recession on Sunday to 45% and economists warned that additional tariffs taking effect on April 9 could prompt that level to rise further.