Goldman Sachs Newsroom

Trump Blames GDP Contraction On Biden 'Overhang': 'Nothing To Do With The Tariffs'

BenzingaApr 30 22:43 ET

Meta executives interpret the Q1 Earnings Reports: feeling excited and looking forward to the upcoming independent Meta AI application.

Meta released its unaudited Earnings Reports for the first quarter of fiscal year 2025: total revenue was $42.314 billion, a year-on-year increase of 16%; Net income was $16.644 billion, a year-on-year increase of 35%; diluted earnings per share were $6.43, a year-on-year increase of 37%. Meta's first quarter revenue and diluted earnings per share both exceeded Wall Street Analyst expectations, and the outlook for second quarter revenue also exceeded expectations, leading to an over 5% rise in its after-hours stock price. For more details: Meta's first quarter revenue of $42.314 billion with a 35% year-on-year increase in Net income, after the earnings report release, Meta's CEO Mark.

Global Market NewsApr 30 21:10 ET

$100 Invested In This Stock 5 Years Ago Would Be Worth This Much Today

BenzingaApr 30 18:30 ET

On April 30, the top 20 trading volumes in the U.S. stock market: Super Micro Computer's preliminary Earnings Reports significantly missed expectations.

On Wednesday, Tesla, ranked first in U.S. stock trading volume, closed down 3.38% with a transaction volume of 35.226 billion USD. Data shows that as of the week ending April 27, the number of new registered Tesla electric vehicles in the domestic market was 10,300, a 51% increase from the previous week's 6,780, but down 30.5% compared to the same period last year. NVIDIA, ranked second, closed down 0.09% with a transaction volume of 23.471 billion USD. Super Micro Computer, a manufacturer of AI servers, provided a performance forecast that was far below expectations, raising concerns among investors about weak demand for AI servers, which dragged down stocks like NVIDIA. Meta ranked third.

Global Market ReportApr 30 17:23 ET

Is The Goldman Sachs Group Inc. (GS) the Best Dow Stock for the Next 12 Months?

Yahoo FinanceApr 30 14:28 ET

These Two Ominous Words Are Being Used More Than Ever in Earnings Calls -- Barrons.com

Barron'sApr 30 09:59 ET

These Two Ominous Words Are Being Used More Than -2-

Barron'sApr 30 09:59 ET

Nike, Amazon.Com Inc. Share Losses Contribute To Dow's 650-Point Drop

MarketWatchApr 30 09:45 ET

The USA economy has contracted for the first time since 2022 due to a surge in imports.

Related news: Trump responds to economic contraction: It's all Biden's fault due to the surge in imports before the tariff actions and the impact of slowing consumer spending. The US economy experienced its first contraction since 2022 in the first quarter of this year, marking the initial visible effects of Trump's trade policy. According to preliminary estimates released by the US government on Wednesday, the inflation-adjusted Gross Domestic Product (GDP) decreased at an annual rate of 0.3% in the first quarter, significantly lower than the average growth rate of about 3% in the previous two years. A report from the Bureau of Economic Analysis shows that net exports dragged GDP down by nearly 5 percentage points. Consumer spending, which accounts for two-thirds of GDP, increased at an annual rate of ...

环球市场播报Apr 30 08:52 ET

Jim Cramer Says The Goldman Sachs Group, Inc. (GS) CEO David Solomon's Quarter Call Was 'Extraordinary'

Yahoo FinanceApr 30 07:22 ET

Goldman Sachs: HSBC Holdings' first-quarter performance exceeded expectations, raising the Target Price to 101 HKD.

Goldman Sachs released a Research Report stating that HSBC Holdings (00005) exceeded expectations for the first quarter performance of both the bank and market expectations. Management maintained the tangible equity return guidance for the fiscal years 2025 to 2027 at a mid-teens level while confirming the guidance for bank net interest income for fiscal year 2025 at 42 billion USD, with a target cost growth of 3%. The bank raised its earnings per share forecast for the fiscal years 2025 to 2029 by 4%, 5%, 4%, 2%, and 1% respectively, and increased the Target Price for Listed in Hong Kong shares from 98 HKD to 101 HKD, maintaining a rating of "Buy." The bank currently expects bank net interest income for the fiscal years 2025 to 2027.

Sina Hong Kong StocksApr 30 05:01 ET

Goldman Sachs: CM BANK's first quarter performance is mixed, maintaining a "Buy" rating.

Goldman Sachs released a research report stating that CM BANK (03968) reported a year-on-year decline of 4% and 2% in operating profit before provisions and net profit for the first quarter, missing the bank's expectations. The performance was mainly affected by a net interest margin decrease that was 4 basis points higher than the bank's expectations, along with investment income being 19% lower than expected. The bank maintains a 'Buy' rating on CM BANK, based on its ability to enhance shareholder returns and the potential recovery in consumer finance, with a Target Price for H Shares set at HKD 47.62. The bank noted that CM BANK's quarterly loans increased by 5% year-on-year, which was lower than the system loan growth of 7.4%. Even with the rising bond yields in the first quarter, fair value is accounted for in Other Comprehensive Income (FVOCI).

Sina Hong Kong stocksApr 30 05:00 ET

Goldman Sachs: raised the Target Price for WUXI APPTEC to HKD 74.9, rating "Neutral".

Goldman Sachs released a Research Report stating that WUXI APPTEC (02359) performed strongly in the first quarter of this year, and the management maintains its guidance for the fiscal year 2025, which aligns with the bank's expectations. It is believed that if the strong performance continues over the next one to two quarters, the company has room to raise its guidance in the second half of the year. The bank anticipates that the company's TIDES business will grow by 65% this year (with an official guidance growth of 60%), and has raised the TIDES revenue forecasts for the years 2025 to 2027 by 3.1%, 5%, and 5% respectively. The bank has also raised its profit forecasts for the years 2025 to 2027 by 7%, 3.5%, and 2.3% respectively, to reflect.

Sina Hong Kong StocksApr 30 04:59 ET

Goldman Sachs: AIA shows steady growth in the China market, maintaining a "Buy" rating.

Goldman Sachs released a research report stating that the market is expected to respond positively to AIA (01299) business updates for the first quarter of 2025, as the growth in new business value exceeds expectations, despite the high base effect in the China market. This better-than-expected performance reflects stronger growth in the Hong Kong market and robust growth in Thailand and Malaysia. AIA also noted that the marginal growth rate of new business contracts is increasing faster, which should create favorable conditions for after-tax operating profit growth. Goldman Sachs continues to believe that AIA's risk-reward ratio is attractive, maintaining a "Buy" rating with a target price of 90 HKD. AIA's China market is in the economic holiday.

新浪港股Apr 30 04:59 ET

Alarmist? Trump's second son claims that the traditional banking system is outdated and will disappear within 10 years if it does not change.

Eric Trump, the second son of former USA President Donald Trump and a supporter of Cryptos, warned traditional Banks: either change their Operation methods or face extinction. The executive vice president of the Trump Organization said in an interview in Dubai on Wednesday, "The modern financial system has collapsed, slowly and at a high cost." He also discussed the development of the UAE as a center for Cryptos. He said, "On the blockchain, there is nothing that can perform better than the current Financial Institutions' mode of Operation. SWIFT is an absolute disaster," referring to the international information network for global financial transactions.

Global market reportApr 30 02:22 ET

Express News | Chinese Sovereign Fund Cic to Sell U.S. Private Equity Investment Portfolio Worth $1 Billion in Secondary Market, Sources Say

ReutersApr 30 00:24 ET

'Tariff' Mentions Spike 132% in Earnings Calls. 'Uncertainty' Pops, Too. -- Barrons.com

Barron'sApr 30 00:01 ET

'Tariff' Mentions Spike 132% in Earnings Calls. -2-

Barron'sApr 30 00:01 ET

Overview of international financial hotspots from last night and this morning _ April 30, 2025 _ Financial news.

For more global financial News, please move to the 7×24 hours real-time financial news. Market closing: The Dow Jones and S&P indices have risen for six consecutive days, with the market focusing on trade negotiation progress. On April 29, the top 20 trading volumes in US stocks: Amazon exposed tariff costs and was criticized by the White House. On Tuesday, China Concept Stocks were mixed, with New Oriental up 4.07% and Xpeng Autos down 6.32%. The shadow of the trade war looms, with international oil prices hitting a two-week low. Spot Gold fell over 0.7%, momentarily dropping below $3,300. Major European stock indices closed with gains, with the German DAX30 Index initially rising by 0.76%. Macro Goldman Sachs significantly lowered the GDP growth rate for the USA in the first quarter to -.

Global Market Report.Apr 29 18:35 ET

On April 29th, the top 20 US stock transaction amounts: Amazon reveals tariff costs and faces anger from the White House.

On Tuesday, Tesla ranked first in US stock trading volume, rising by 2.15% with a transaction of 30.765 billion US dollars. As such, Tesla's stock price has increased for six consecutive trading days, with a total rise of over 28%. US Energy storage project manufacturers and developers stated that this Industry will invest 100 billion US dollars in this decade to establish a fully localized Battery supply chain. The US Clean Energy Association noted that this 100 billion US dollars investment will create 0.35 million jobs, including 10 billion to 15 billion US dollars in ongoing projects. Projects include Tesla's Battery factory located in Sparks, Nevada. According to media reports on Tuesday,

Global Market ReportApr 29 17:26 ET