The S&P 500 index recently closed above both its 50-day and 200-day moving averages for the first time since February 2026, signaling potential market strength. The forward 4-quarter earnings estimate for the S&P 500 rose slightly to $339.22, with a price-to-earnings ratio of 20x. Goldman Sachs is set to report its Q1 2026 financial results on April 13, with consensus estimates projecting revenue of $16.9 billion, pre-tax operating income of $6.5 billion, and earnings per share of $16.49, reflecting year-over-year growth of 12%, 15%, and 17% respectively. These developments highlight cautious optimism about earnings growth and market momentum going forward.
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...
