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The Goldman Sachs Group, Inc. (GS)

NYSE - Nasdaq Real Time Price. Currency in USD
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333.63-1.64 (-0.49%)
As of 10:31AM EDT. Market open.
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  • S
    S
    By 

    Andrew Bary

    Updated April 14, 2021 9:57 am ET / Original April 14, 2021 8:57 am ET

    Wall Street has been increasingly optimistic about Goldman Sachs Group’s first-quarter earnings in recent weeks, but the actual results blew away expectations as a result of broad strength in key businesses including investment banking and trading.

    Goldman (ticker: GS) earned a record $18.60 a share, up from $3.11 a share in the year-earlier period and the prior quarterly record of $12.08 a share in the fourth quarter. The results topped the FactSet consensus of $10.22 a share and the highest Wall Street estimate of $12.65...
    Bullish
  • J
    JP
    MS, JPM, GS will fall like a rock starting today. We should see 20% declines over the next 45 days. Sell them all today!!!!
  • W
    William B
    $GBTC conversation
    Goldman Sachs CEO: ‘Big Evolution’ Is Coming to Bitcoin Regulation

    “We continue to think about digital currency and the digitization of money in a very proactive way,” said CEO David Solomon.
    David Solomon is the CEO of Goldman Sachs.

    Goldman Sachs CEO David Solomon today said that he expects the digital currency world will experience a “big evolution.” Current regulations prevent the bank from acting as a principle around crypto, he said. Goldman Sachs CEO David Solomon has said that he thinks the Bitcoin and digital currency world will soon experience a “big evolution,” particularly regarding regulations in the United States.

    The head of one of the world’s biggest banks made the comments today during an interview with CNBC. He didn’t reveal much about what Goldman Sachs was doing when it comes to Bitcoin, suggesting that the current regulatory landscape in the US prevents the bank from doing so. But Solomon did make it clear that Goldman is keeping a close eye on crypto—due to growing client demand.

    "There are significant regulatory restrictions around us and us acting as a principle around cryptocurrencies like #bitcoin," says $GS CEO David Solomon. "As our clients have demand to be involved in this space we can continue to find ways to support our clients."

    “We continue to think about digital currency and the digitization of money in a very proactive way,” he said, adding that there are “significant regulatory requirements” concerning a move towards handling cryptocurrencies. Goldman Sachs plans to begin offering Bitcoin investment products to its wealth management clients, and it recently announced the reopening of its cryptocurrency trading desk.

    When asked if he would like to act as a principal with crypto services, and whether lobbyists in D.C. are having any luck getting “the rules changed” that prevent Goldman from doing so, he said: “I think that this is a space that is evolving, this is a space that we’re trying to be responsive to our clients. I think there will be a big evolution with how this evolves in the coming years.”

    He added that the bank was engaged with its clients and paying attention to regulations to see how to move forward.

    Regulations regarding Bitcoin and other cryptocurrencies remain complicated, as different government agencies pursue competing and sometimes contradictory positions on these assets. The SEC, for example, regulates the trading of securities and claims authority over most Ethereum-based tokens that were sold in the US as a way to raise funds for startups. The CFTC oversees the market for Bitcoin derivatives, such as futures and options contracts on exchanges like Bakkt and CME.

    Goldman Sachs will in one way or another expose its clients to Bitcoin. The firm last month filed an SEC application for a new investment product that tracks the ARK Innovation ETF—which is invested in the Grayscale Bitcoin Trust.

    The bank is the latest institution to express an interest, even if still cautious, in digital assets. Major banks have differing opinions on decentralized cryptocurrencies and are careful on how to approach and invest in them.
    Bullish
  • J
    JP
    Today is another chance to sell Goldman. In the next couple days you will have to sell 10 bucks less than today. After that you will be lucky to get 250 per share. Its coming for sure.
    Neutral
  • s
    santafenm1
    I said in October when GS was below $200, that this is a $400 stock, and I say it again.
  • G
    Gabriel
    Will banks lose business and clients once digital currency becomes widespread?
  • r
    rodney
    Time for a 3 for 1 Stock Split...GS to bring in more younger investors. As the Global Economy improves with wider vaccinations and lower death rates banking income will improve. Other co's heading for stronger Revenue... XALL... TTCM....VSQTF...SMKG... SOLO...SEGI...PGTK....SIRC...VSBGF.
    Bullish
  • S
    Sektor
    Your next bio, last true Mrna new covid solution left

    buddah called wood getting in nvta at 18, says 30 point pop, bidding war and eventual hostile takeover as Sanofi refuses to let TBIO tech and scientists go.

    Sektor the Whale
    Neutral
  • H
    HIKE RATES, INFLATION SKYROCKETS
    $^IXIC conversation
    CHASERS WILL BURN IN THIS STOCK BUBBLE!
    The US Stocks are EXTREMELY OVERVALUED and OVERBOUGHT!
    SELL ALL US Stocks in this TULIP MANIA BUBBLE! The Valuations are ABSURD and IMPOSSIBLE TO JUSTIFY!
    INFLATION IS SKYROCKETING as the FED continues to PUMP the Price of everything, stocks, oil, gold, home, land, commodities, utilities, food prices and everything!
    The World Economy is Collapsing, people are starving, but the US Market Makers are too busy in printing money and PUMPING the Stock prices Artificially to make insiders trillionaire without working!
    Enjoy Free Capital Gains in the US Stock Market while the Corporate Revenues are tanking and the Economy is Collapsing! US Stock Market is a “GET QUICK RICH” Scheme!
    Dow Jones Industrial Average (^DJI) was 17,000 in 2016, with better economic fundamentals and higher corporate earnings. However, thanks to the Collapsing Economy, Coronavirus Pandemic, Tanking Corporate revenues and earnings, Skyrocketing unemployment, Trade Wars, Record INFLATION levels, and Heavy Stock Dilutions, Dow Jones Industrial Average (^DJI) BUBBLE has almost Doubled!
    S&P 500 (^GSPC) was at 1600.00 with better fundamentals and higher corporate earnings in 2016. Now it is sitting at ABSURD 3800.00 with TERRIBLE Fundamentals, Collapsing Economy, HEAVIER Corporate and National Debt and way lower corporate revenues and earnings!
    The World Countries are refusing to accept the US Dollar as international reserve currency due to the HEAVY Dollar PRINTING!
    US Stocks are INSANELY OVERVALUED and OVERBOUGHT! US Stock Market is a MEGA BUBBLE right now!!!
    https://www.reuters.com/article/markets-survey-bofa-int/bitcoin-us-tech-stocks-seen-as-biggest-market-bubbles-investor-surveys-idUSKBN29O0UE
    $AMD $NVDA $AMZN $AAPL $SQ $SHOP $SNAP $TWLO $CRM $ROKU $ADBE $DB $BAC $JPM $MS $GS $TWTR $TSLA $IBM $INTC $MSFT $GOOG $LMT $BA $TXN $NXPI $LRCX $NKE $DIS $EBAY $X $MA $V $S $T $F $GM $NFLX $CSCO $CAT $MMM $SBUX $TGT $WMT $ATVI $EA $TTWO $MCD $AVGO $JNJ $BIDU $BZUN $BABA $MU $AMAT $QCOM $WFC $BBBY $PFE $GE $WDC $BLK $KO $UA $ABBV $GILD $BB $ORCL $RH $KEM $IQ $GRPN $PYPL $MA $MOMO $JD $WBA $CVS $FB $W $BBY $SKX $FL $EFX $ETSY $W $UNH $SAP $GPRO $KHC $DPZ $PEP $LYFT $UBER $BYND $ZM $OLED $XOM $CVX $DAL $UAL $AAL $LUV $SAVE $AXP $SPCE $NCLH $CCL $NKLA $NIO $ZM $XPEV $QS
    There is growing angst among investors over financial market price bubbles, and top of the list of concerns were the cryptocurrency bitcoin and U.S. tech stocks, two closely followed surveys showed on Tuesday.
    There is growing angst among investors over financial market price bubbles, and top of the list of concerns were the cryptocurrency bitcoin and U.S. tech stocks, two closely followed surveys showed on Tuesday.
    www.reuters.com
    Bearish
  • E
    Eric
    Inflation is going Up faster than I have ever seen before.
  • r
    rodney
    GS....Healthy banks support strong Recovery... Up 1,100 % in 3 months.. AABB. New Crypto-currency stock for AABBG... GOLD backed Token with over $ 1 mil in sales 1st 2 weeks. Planned Stock Dividend increased.
    Bullish
  • I
    ILS
    What's up today?
  • L
    Lisa
    I once dated a guy from Goldman. He went to the men's room when the check came. I think his name was Shlomo. I can't understand it.
  • r
    richie
    $UPST conversation
    The Devils, AKA $GS, $C, & $JPM, are working overtime to shake out weak hands on $UPST.
    Can't believe it would drop this much after the $120 offering.
    Anyway, @ 14x earnings this is cheap compared to its peers.
    Just bought more for the longer term payday.
    Good luck to all !
  • J
    JT_kirk20
    these guys are crooks

    On Thursday, Archegos asked banks handling its business to meet to hash out a strategy to liquidate its holdings, said a person familiar with the meeting. The firm's largest positions had turned sharply negative following a long run-up. A proposal emerged for all the banks to hold off on large trades and to talk further over the weekend, but the call ended without any agreement.

    On Friday morning, banks started seizing Archegos' stock, and Goldman Sachs started selling in size. It quickly became clear there would be little to no coordination among the banks.

    Goldman and Morgan each raced to liquidate positions tied to Archegos.

    The discussion among so-called prime brokerages was extremely unusual and has happened only a handful of times in recent memory, in some cases averting liquidations.

    The decision to sell early helped insulate Goldman from losses that have hit other banks. Goldman expects the results of the Archegos account to be "immaterial" to its financial results for the first quarter ending this week, according to a person familiar with the matter.
  • m
    marc
    Long puts feel like correction is coming and margin is too high
    Bearish
  • T
    The US Stock BUBBLE 2021
    $^IXIC conversation
    Netflix enters to its DOWNTURN, revenue growth ENDS, but the US Government is Preventing the CORRECTION! The stock price does not fall properly! Netflix MUST be down by 45-50% Today alone!
    CHASERS WILL BURN IN THIS STOCK BUBBLE!
    The US Stocks are EXTREMELY OVERVALUED and OVERBOUGHT!
    SELL ALL US Stocks in this TULIP MANIA BUBBLE! The Valuations are ABSURD and IMPOSSIBLE TO JUSTIFY!
    INFLATION IS SKYROCKETING as the FED continues to PUMP the Price of everything, stocks, oil, gold, home, land, commodities, utilities, food prices and everything!
    The World Economy is Collapsing, people are starving, but the US Market Makers are too busy in printing money and PUMPING the Stock prices Artificially to make insiders trillionaire without working!
    Enjoy Free Capital Gains in the US Stock Market while the Corporate Revenues are tanking and the Economy is Collapsing! US Stock Market is a “GET QUICK RICH” Scheme!
    Dow Jones Industrial Average (^DJI) was 17,000 in 2016, with better economic fundamentals and higher corporate earnings. However, thanks to the Collapsing Economy, Coronavirus Pandemic, Tanking Corporate revenues and earnings, Skyrocketing unemployment, Trade Wars, Record INFLATION levels, and Heavy Stock Dilutions, Dow Jones Industrial Average (^DJI) BUBBLE has almost Doubled!
    S&P 500 (^GSPC) was at 1600.00 with better fundamentals and higher corporate earnings in 2016. Now it is sitting at ABSURD 3800.00 with TERRIBLE Fundamentals, Collapsing Economy, HEAVIER Corporate and National Debt and way lower corporate revenues and earnings!
    The World Countries are refusing to accept the US Dollar as international reserve currency due to the HEAVY Dollar PRINTING!
    US Stocks are INSANELY OVERVALUED and OVERBOUGHT! US Stock Market is a MEGA BUBBLE right now!!!
    https://edition.cnn.com/2020/05/01/investing/stock-market-recession-coronavirus/index.html
    $AMD $NVDA $AMZN $AAPL $SQ $SHOP $SNAP $TWLO $CRM $ROKU $ADBE $DB $BAC $JPM $MS $GS $TWTR $TSLA $IBM $INTC $MSFT $GOOG $LMT $BA $TXN $NXPI $LRCX $NKE $DIS $EBAY $X $MA $V $S $T $F $GM $NFLX $CSCO $CAT $MMM $SBUX $TGT $WMT $ATVI $EA $TTWO $MCD $AVGO $JNJ $BIDU $BZUN $BABA $MU $AMAT $QCOM $WFC $BBBY $PFE $GE $WDC $BLK $KO $UA $ABBV $GILD $BB $ORCL $RH $KEM $IQ $GRPN $PYPL $MA $MOMO $JD $WBA $CVS $FB $W $BBY $SKX $FL $EFX $ETSY $W $UNH $SAP $GPRO $KHC $DPZ $PEP $LYFT $UBER $BYND $ZM $OLED $XOM $CVX $DAL $UAL $AAL $LUV $SAVE $AXP $SPCE $NCLH $CCL $NKLA $NIO $ZM $XPEV $QS
    The coronavirus pandemic has exposed a gaping disconnect between unprecedented economic pain on Main Street and extreme optimism on Wall Street.
    The coronavirus pandemic has exposed a gaping disconnect between unprecedented economic pain on Main Street and extreme optimism on Wall Street.
    edition.cnn.com
    Bearish
  • M
    MEGA BUBBLE 2021
    $^IXIC conversation
    CHASERS WILL BURN IN THIS STOCK BUBBLE!
    The US Stocks are EXTREMELY OVERVALUED and OVERBOUGHT!
    SELL ALL US Stocks in this TULIP MANIA BUBBLE! The Valuations are ABSURD and IMPOSSIBLE TO JUSTIFY!
    INFLATION IS SKYROCKETING as the FED continues to PUMP the Price of everything, stocks, oil, gold, home, land, commodities, utilities, food prices and everything!
    The World Economy is Collapsing, people are starving, but the US Market Makers are too busy in printing money and PUMPING the Stock prices Artificially to make insiders trillionaire without working!
    Enjoy Free Capital Gains in the US Stock Market while the Corporate Revenues are tanking and the Economy is Collapsing! US Stock Market is a “GET QUICK RICH” Scheme!
    Dow Jones Industrial Average (^DJI) was 17,000 in 2016, with better economic fundamentals and higher corporate earnings. However, thanks to the Collapsing Economy, Coronavirus Pandemic, Tanking Corporate revenues and earnings, Skyrocketing unemployment, Trade Wars, Record INFLATION levels, and Heavy Stock Dilutions, Dow Jones Industrial Average (^DJI) BUBBLE has almost Doubled!
    S&P 500 (^GSPC) was at 1600.00 with better fundamentals and higher corporate earnings in 2016. Now it is sitting at ABSURD 3800.00 with TERRIBLE Fundamentals, Collapsing Economy, HEAVIER Corporate and National Debt and way lower corporate revenues and earnings!
    The World Countries are refusing to accept the US Dollar as international reserve currency due to the HEAVY Dollar PRINTING!
    US Stocks are INSANELY OVERVALUED and OVERBOUGHT! US Stock Market is a MEGA BUBBLE right now!!!
    https://www.reuters.com/article/markets-survey-bofa-int/bitcoin-us-tech-stocks-seen-as-biggest-market-bubbles-investor-surveys-idUSKBN29O0UE
    $AMD $NVDA $AMZN $AAPL $SQ $SHOP $SNAP $TWLO $CRM $ROKU $ADBE $DB $BAC $JPM $MS $GS $TWTR $TSLA $IBM $INTC $MSFT $GOOG $LMT $BA $TXN $NXPI $LRCX $NKE $DIS $EBAY $X $MA $V $S $T $F $GM $NFLX $CSCO $CAT $MMM $SBUX $TGT $WMT $ATVI $EA $TTWO $MCD $AVGO $JNJ $BIDU $BZUN $BABA $MU $AMAT $QCOM $WFC $BBBY $PFE $GE $WDC $BLK $KO $UA $ABBV $GILD $BB $ORCL $RH $KEM $IQ $GRPN $PYPL $MA $MOMO $JD $WBA $CVS $FB $W $BBY $SKX $FL $EFX $ETSY $W $UNH $SAP $GPRO $KHC $DPZ $PEP $LYFT $UBER $BYND $ZM $OLED $XOM $CVX $DAL $UAL $AAL $LUV $SAVE $AXP $SPCE $NCLH $CCL $NKLA $NIO $ZM $XPEV $QS
    There is growing angst among investors over financial market price bubbles, and top of the list of concerns were the cryptocurrency bitcoin and U.S. tech stocks, two closely followed surveys showed on Tuesday.
    There is growing angst among investors over financial market price bubbles, and top of the list of concerns were the cryptocurrency bitcoin and U.S. tech stocks, two closely followed surveys showed on Tuesday.
    www.reuters.com
    Bearish
  • V
    Vincent
    GS is a zero growth business. Sales have never been as high as in FY2007.
  • r
    robert
    The GS bears got dealt a serious blow with those earnings a few days ago. Those who think GS won't soar past 400 are the same people who believe in a flat earth and that the moon landings were faked, 9/11 was a conspiracy, the election was stolen, etc. Bottom line GS shorts don't have the wind at their backs. I only short bad companies, not behemoths like this, and that's the reason my returns a GS long far outweigh those of the shorts.