Goldman Sachs

Financial giants are expanding their operations in Texas, with corporations being attracted by promises of low taxes and light regulations. Morgan Stanley plans to build a permanent Dallas hub, investing over $587 million for approximately 3,800 employees by 2031. Similarly, Goldman Sachs is spending $500 million on a new campus in Dallas expected to house more than 5,000 employees.

Vertiv, an 80-year-old AC maker, saw its market cap explode almost 10x from under $11 billion to $109 billion after going public in early 2021. Its annualized return of 50.5% ranks third in the S&P 500. David Cote helped orchestrate this success by positioning Vertiv as a provider of liquid cooling systems critical for accelerating the rise of AI data centers.

Robinhood CEO Vlad Tenev stated that Trump Accounts will initially focus on offering only a State Street S&P 500 ETF to keep investments simple for children. Although the accounts launched through The Treasury, parents and guardians will be allowed to allocate funds to other low-cost index ETFs in the coming months. Over time, various organizations, including Goldman Sachs, have encouraged matching contributions.

Goldman Sachs conducted a study concluding that AI is negatively impacting employment levels. Specifically, the firm found that Artificial Intelligence is beginning to weigh on labor markets across developed economies.

Goldman Sachs predicts that the Federal Reserve (the Fed) will not raise interest rates in September. Goldman expects the Fed to maintain its current position, or "stand pat," provided there are no highly dramatic shifts in available economic data.

An AI productivity payoff is expected, with 20 stocks identified as potentially capturing gains as adoption spreads. Goldman Sachs notes that investor focus has so far been directed toward artificial-intelligence infrastructure plays rather than productive beneficiaries.

Goldman Sachs stated that a Fed interest-rate increase in September is 'very unlikely.' The firm's prediction suggests market expectations regarding potential rate hikes may be shifting.

European markets are sometimes overshadowed when compared to larger, more liquid U.S. markets. However, Goldman Sachs offered information aimed at dispelling common myths surrounding these less visible European markets.

Dustin Chaveleh transformed his routine using full-body exercises and smart dieting to boost energy and build muscle. This physical transformation gave him a confidence boost that helped launch his dream career in real estate. Less than a year after starting his fitness journey, he successfully closed his first real estate deal.

Companies that maintained Diversity, Inclusion, and Equity (DEI) policies remained financially successful even after receiving executive orders from Donald Trump. In January 2025, Donald Trump ended DEI within the federal government through executive orders. Consequently, major corporations, including Google, Goldman Sachs, McDonald’s, and Walmart, announced they were ending their internal DEI policies.

The Goldman Sachs chief India economist stated that broad adoption of AI could boost productivity across India. This technology is projected to support wage growth for Indian workers who utilize the tools.

According to Goldman Sachs, only about 12% of family-owned businesses reach a third generation still under family control. François-Xavier de Mallmann, chairman of Goldman Sachs’ Investment Banking division, explained that the biggest threat to these companies is not usually legal documents but often optimism. The complexity of maintaining control increases over time as business growth causes diverging interests between the family and the company.

Robert Kaplan asserted that the Federal Reserve was correct in its decision not to raise interest rates at the meeting held in July. He shared this analysis while speaking on "Bloomberg Surveillance."

Anthropic reportedly plans a $2 trillion IPO scheduled for October, which is anticipated to eclipse SpaceX. The report also notes market trends, stating that the futures market for 'compute' could hit $150 trillion.

Major Wall Street banks including Bank of America, JPMorgan, and Morgan Stanley have announced massive investments, committing trillions of dollars to boost American economic security. These initiatives focus heavily on critical infrastructure, such as digital, energy, and transportation sectors, with significant attention paid to the demands of AI buildout and manufacturing capabilities.

Nvidia is utilizing its massive cash reserves as a competitive moat by backstopping neoclouds, securing components, and investing in AI startups. The company announced an initiative to bring in at least $500 billion of outside capital from financial firms including Apollo, Blackstone, and Goldman Sachs. This creates a self-reinforcing cycle where Nvidia's technological dominance generates cash, solidifying its market advantage.

Nvidia signed MOUs with major financial institutions including Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR. The collaboration aims to facilitate a $500 billion financing push by treating AI compute as a financeable asset class.

AI is disrupting traditional finance workflows on Wall Street, potentially creating a new career path for young financiers moving into AI startups. Rogo is one such company that automates tasks like building models and producing research, allowing former bankers to work with engineers. While this shift provides attractive opportunities, leaving the well-charted financial road still involves measurable risks.

The rise of new wealth from AI, exemplified by companies like SpaceX, Anthropic, and OpenAI, presents a large source of capital potentially available for social good. The article argues that instead of disrupting philanthropy, this money should fund existing nonprofits, which number 1.8 million in the U.S. These organizations are characterized as savvy operators with deep community knowledge capable of utilizing transformational investment successfully.

David Solomon shared his decision-making method, the 'legal pad test,' with Goldman’s 2026 intern class. This habit involves forcing deep consideration of opposing views—a technique he learned from his father, Jerry Solomon. He advised that slowing down before making big decisions and being patient can ultimately open up broader career opportunities.

Business Insider is accepting nominations for its Rising Stars of Wall Street list until September 9th, seeking young professionals under 35 in investment banking, investing, and sales and trading. Past participants have included individuals from Blackstone, Citadel, JPMorgan, and Goldman Sachs.

Goldman Sachs raised its revenue forecast for China’s AI model market to US$13 billion, a 30% increase from US$10 billion, citing cost efficiency, technical breakthroughs, and aggressive price cuts by companies like DeepSeek and MiniMax.

Goldman Sachs raised its revenue forecast for China’s AI model market to US$13 billion, citing cost efficiency, technical breakthroughs, and aggressive price cuts by companies like DeepSeek and MiniMax. The investment bank increased its annualised recurring revenue projection by 30% from US$10 billion.

A potential deal between Iran and other parties on the Strait of Hormuz, with significant conditions, could be announced today. The article also highlights other news including Elon Musk's SpaceX developments, stock market trends, and comments from Goldman Sachs' Hatzius.

Ronald Keung, Head of Asia Internet Research at Goldman Sachs, predicts intensified competition among Chinese AI developers for the best performance-to-cost balance. He shared this view during an appearance on 'Bloomberg: The China Show.'

Attovia Therapeutics Inc., a biotech firm developing treatments for immune system diseases with high unmet need, raised $289 million in a US initial public offering that priced at the top of its marketed range. Goldman Sachs backed the company during its IPO.

Fed chairman Kevin Warsh advocates reducing the central bank's communication about monetary policy, arguing it will allow markets to react independently. Wall Street and Goldman Sachs warn this could create uncertainty, destabilize markets, and lead to misinformed policy decisions. Jan Hatzius of Goldman Sachs highlights risks of market overreactions and policy delays due to reduced Fed transparency.

Dinari has launched tokenized S&P 500 stocks for US self-custody wallets using USDC. Tokenizing equities has attracted interest from crypto natives and financial firms like JPMorgan and Goldman Sachs.

Goldman Sachs Chief APAC Regional Equity Strategist Timothy Moe warns of a potential tactical correction in Japanese stocks due to recent currency market intervention, but highlights that corporate earnings remain stable and expresses a bullish outlook on Japan's structural market fundamentals.

China’s significant role in global commodities is stabilizing gold prices and mitigating energy shocks, but its export controls on rare earths and critical minerals are causing volatility in Western technology supply chains, according to a Goldman Sachs report.

Wall Street analysts from Goldman Sachs and Apollo acknowledge potential issues in the technology sector's earnings and the declining effectiveness of the 60/40 investment portfolio. The 60/40 model, long considered a market safeguard, is criticized for failing amid rising government debt and shifts in tech dominance, particularly as AI-driven growth slows.

Goldman Sachs reports that top technology stocks have experienced significant declines, prompting a reevaluation by investors. The gap between big tech and the broader market has disappeared.

Goldman Sachs warns that disruptions to Russian fuel exports and the US-Iran war are tightening diesel supplies, raising concerns about global refining capacity and fuel prices.

Samantha Dart from Goldman Sachs discusses potential oil price developments due to escalating conflict in the Strait of Hormuz and warns of a supply glut even if supply interruptions are resolved.

Goldman Sachs traders are on track for a record year, according to a new interview with CNBC. A Goldman executive discussed factors driving stock markets, future market trends, and the role of the bank's equities desk in its growth.

A study by Harvard, Duke, and Wharton researchers found that Ivy League graduates who shared college sports teams with employees at firms like Goldman Sachs and Bank of America had significantly higher odds of being hired there compared to those who only shared a university. The research highlights the 'teammate multiplier' effect, showing that shared athletic experiences, not just educational background, strongly influence Wall Street hiring.

A former White House counsel testified that allegations by an Epstein accuser lacked credibility, leading to criticism from the accuser's family. Her name appeared in records related to Epstein released by the DOJ under a transparency act.

China's reduction in oil imports during the Iran war helped stabilize global oil prices, preventing severe spikes. By utilizing domestic reserves, coal, renewables, and electric vehicles, China mitigated economic impacts while acting as a 'shock absorber' for energy markets.

A former Obama counsel and Goldman Sachs lawyer admitted making a joke about Jeffrey Epstein’s massages, calling it 'extraordinarily poor taste' during House Oversight Committee testimony. The individual resigned from Goldman Sachs after the Justice Department released communications between her and Epstein.

Goldman Sachs' Alexis Wilson-Elizondo advises caution in AI sector investments due to uncertain returns and recent Federal Reserve rate decisions. She discusses the market's negative reaction to hyperscalers during an appearance on Bloomberg's 'The Close.'