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GS Nov 2024 530.000 put

OPR - OPR Delayed price. Currency in USD
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40.20-10.15 (-20.16%)
As of 01:58PM EDT. Market open.
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  • Yahoo Finance

    Morgan Stanley's investment banking surge solidifies Wall Street dealmaking revival

    A 51% jump in Morgan Stanley's investment banking fees reinforced a dealmaking revival across Wall Street, but its wealth management performance fell short of analyst expectations.

  • Yahoo Finance Video

    Goldman Sachs earnings prove bank still very cyclical

    Among the Big Bank stocks, JPMorgan Chase & Co. (JPM), Wells Fargo (WFC), Citigroup (C), Goldman Sachs (GS), and BlackRock (BLK) have been the first to report second-quarter results this earnings season. Portales Partners founder and Wall Street Beats partner Charlie Peabody comes on Market Domination to talk about the prevalent themes emerging in bank earnings, such as net interest income figures "Short term, there's momentum in the capital markets. And so Goldman is a good momentum play, but we argue that their earnings stream remains much more cyclical than the market is valuing them at," Peabody states. "And that's the big debate out there in management as they moved away from their failed consumer banking strategy back to their roots as an investment bank, have been trying to convince the street that there is a core underlying earnings power that's sustainable and stable. And I don't believe them." Peabody also looks ahead to the bank earnings due out this week, such as Morgan Stanley (MS): "I think it's going to be more of the same — strong, investment banking with an eye towards a pick up in M&A and IPOs in the second half of the year. And then trading will be driven more by equity trading and less so by fixed income trading." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.

  • Bloomberg

    Ex-Goldman Banker Extradited to NY in Ghana Bribery Case

    (Bloomberg) -- Former Goldman Sachs Group Inc. banker Asante Berko was extradited to New York from the UK to face federal charges that he orchestrated bribes to Ghanaian officials while employed at the investment bank.Most Read from BloombergBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessFrom Elon Musk to David Sacks, Silicon Valley’s Trump Backers Cheer Vance as VP PickTrump Shooting Changes Biden’s Plan to Revive 2024 Camp