DailyIQ
DailyIQ
Last updated 1 day ago

GS·The Goldman Sachs Group, Inc.

$782.24
-36.50 (-4.43%)
Market Closed (Overnight)
High
$816.47
Open
$805.32
Market Cap
232.12B
52W High
$984.70
Low
$784.10
P. Close
$817.39
P/E
13.51
52W Low
$439.38
Technical Score (1D)
23
SELL
News Sentiment
56
BULLISH

What’s happening to GS today?

Goldman Sachs has updated its financial modeling to incorporate XRP Exchange Traded Funds and a greater focus on private capital markets, signaling an adaptation to evolving digital asset landscapes and alternative investment opportunities. Analysts are refining valuation methodologies to better capture these emerging areas. This comes as the firm has also increased its oil price forecasts, aligning with warnings from energy leaders about potential supply shocks. These upward revisions to oil price forecasts are driven by escalating tensions and the deepening crisis at the Strait of Hormuz, which poses significant supply risks. Market participants are monitoring the potential economic fallout from these geopolitical developments. Goldman Sachs now anticipates Brent crude to average above $100 a barrel in March and $85 in April, reflecting a more bullish stance on oil prices in the near term.
The Goldman Sachs Group, Inc. (GS) Stock Price, News, Analysis | DailyIQ