Goldman Sachs CEO David Solomon stated that there is plenty of liquidity in the market to support large equity offerings from AI firms like OpenAI, Anthropic, and SpaceX. He noted that investors are currently driven more by greed than fear, as evidenced by Alphabet's strong stock performance following its $80 billion equity raise announcement. Solomon believes the current fundraising wave, although unprecedented in size, is supported by record wealth and liquidity, and that the AI sector's gains could fuel further investment cycles. He cautioned that while greed can quickly turn to fear, the market may still be early in this cycle of optimism.
Goldman Sachs reported a strong Q2 with revenues up 39% year-over-year, led by a surge in equities trading (+72%) and equity underwriting (+130%) due to market volatility and an AI-driven IPO boom. Their Asset & Wealth Management division also saw $2...
Goldman Sachs reported robust Q2 FY2026 results, with net earnings growing at an annualized rate of 38%. The firm raised $31 billion in private credit and saw a 130% year-over-year surge in equity underwriting revenues, driven by major deals and IPO ...
Anthropic has launched Ode, a $1.5 billion AI implementation company formed through a joint venture with Blackstone, Hellman & Friedman, Goldman Sachs, and others. Ode builds on the acquisition of Fractional AI, focusing on deploying elite AI enginee...
The FTSE 100 dropped 23 points to 10,506, pressured by mining stocks reacting to China's slower-than-expected 4.3% GDP growth in Q2, its weakest in three years. European markets also declined, while US futures rose, led by tech. PayPal shares surged ...
Morgan Stanley will report its second-quarter earnings before the market opens on Wednesday, with analysts expecting earnings per share of $2.94 and revenue of $19.64 billion. The firm is anticipated to benefit from increased trading and investment b...
