Goldman Sachs Stock News

The stock market was down big on Monday. As of 3:10 p.m.

Under former President Joe Biden, regulators took a stringent approach to mergers and acquisitions (M&A), focusing on limiting the size and scope of major deals. As we entered this year, investment banks were hopeful that a change in administration under President Donald Trump would foster a more favorable environment for M&A activities.

US stocks are going through a rough patch amidst concerns the Trump tariffs will lead to inflation and may even trigger an all-out trade war.

The last seven days marked the third “brutal” week in a row for bank stocks.

Here's why AI is NOT boosting US GDP—despite billions pouring into the technology. Goldman Sachs says a surge in corporate AI spending has yet to translate into meaningful economic growth, thanks to inflation, overseas sales, and accounting quirks that downplay its true impact.

Jeff Bernstein, Partner, Private Equity, Goldman Sachs Asset Management, and Co-Head, Goldman Sachs Healthcare Private Equity Investing, joins as new Director. Mr. Bernstein succeeds Michael Bruun in the Goldman Sachs Board seat as part of a planned rotation.

Goldman Sachs is moving its annual headcount-cutting ritual from fall to spring this year. Reports suggested between 3% to 5% of Goldman's employees could be at risk.

Goldman Sachs reportedly plans to cut 3% to 5% of its staff in an annual review process. The cut would amount to about 1,395 jobs and would be a larger reduction than the one the Wall Street firm made during a review in September, Reuters reported Tuesday (March 4), citing unnamed sources.