Goldman Sachs Stock News

CEO David Solomon talked about softness in the investment bank's trading business—and the stock dropped 4%.

A group of 10 banks ​is providing a $22 billion chip loan to ‌support Blackstone and Alphabet's new cloud venture Crux AI, Bloomberg News reported on Wednesday, citing people with knowledge ​of the matter.

Goldman Sachs expects its fixed-income, currencies and commodities (FICC) business will be slightly softer in ​the third quarter compared to very strong performance for its equities ‌business, Chief Executive David Solomon said on Wednesday.

There is a correlation between increasing dividends and strong investment performance — even if a stock has a low dividend yield when you buy.

Large caps tend to outperform small caps as year's end approaches.

Goldman Sachs has named Farshid Asl and Matt Weir as co-heads of ​its Investment Strategy Group, succeeding Sharmin ‌Mossavar-Rahmani, according to an internal memo seen by Reuters on Thursday.

Weakness in preferred shares from Bank of America, Wells Fargo, and other major banks suggests investors expect interest rates to remain elevated.

Goldman Sachs said on Tuesday it has opened a ​new office in Bellevue, Washington, to serve ‌as a dedicated engineering location for more than 125 employees focused ​on AI and cloud transformation.