Goldman Sachs reported strong Q2 results with net revenues of about $20.34 billion and net earnings of $6.63 billion, driven by robust performance in Global Banking & Markets. The firm is rated a 'buy' due to its leadership in deal flow, resilient capital formation, and growth supported by volatility-driven trading, a strong IPO pipeline, and expanding asset management fees. Although the valuation shows a slight undervaluation of around 2.45%, the company remains sensitive to market downturns. Investors see potential upside supported by fair value estimates and excess return models.
Goldman Sachs downgraded Advanced Micro Devices (AMD) to a Sell rating despite the company reporting record Q2 revenue of $11.54 billion, driven largely by its Data Center segment which accounts for 58% of sales. AMD projects strong Q3 revenue of $13...
Goldman Sachs analyst James Schneider raised Marvell Technology's 12-month price target from $180 to $195, citing strong demand in optics and datacenter sectors driven by AI infrastructure growth. Despite the nearly 40% rally in Marvell's stock recen...
