Google CEO: This Is likely Bigger Than Electricity
Electricity reshaped the economy, creating the FAANG stocks and boosting GDP by over 4,900%. AI is going to do it again.
| Open | 461.51 | Prev Close | 465.61 |
| High | 466.27 | Low | 459.60 |
| Volume | 1,850,463 | Volume (Avg) | 2,254,655 |
| 52 Week High | 356.85 | 52 Week Low | 130.41 |
| Market Cap | 121.9B | PE Ratio | 17.09 |
General
| Name | The Goldman Sachs Group, Inc |
| Ticker | GS |
| Exchange | NYSE |
| Sector | Financial Services |
| Industry | Capital Markets |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 40,500 |
About The Goldman Sachs Group, Inc
The Goldman Sachs Group, Inc., a financial institution, provides range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through four segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. The company's Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and middle-market lending, relationship lending, and acquisition financing, as well as transaction banking services. This segment also offers underwriting services, such as equity underwriting for common and preferred stock and convertible and exchangeable securities; and debt underwriting for various types of debt instruments, including investment-grade and high-yield debt, bank and bridge loans, and emerging- and growth-market debt, as well as originates structured securities. Its Global Markets segment is involved in client execution activities for cash and derivative instruments; credit and interest rate products; and provision of equity intermediation and equity financing, clearing, settlement, and custody services, as well as mortgages, currencies, commodities, and equities related products. The company's Asset Management segment manages assets across various asset classes, including equity, fixed income, hedge funds, credit funds, private equity, real estate, currencies, and commodities; and provides customized investment advisory solutions, as well as invests in corporate, real estate, and infrastructure entities. Its Consumer & Wealth Management segment offers wealth advisory and banking services, including financial planning, investment management, deposit taking, and lending; private banking; and unsecured loans, as well as accepts saving and time deposits. The company was founded in 1869 and is headquartered in New York, New York.
Highlights
| Analyst Target | 346.53 |
| Market Cap | 121,869,901,824 |
| PE Ratio | 17.09 |
| PEG Ratio | 2.42 |
Valuation
| Trailing PE | 14.24 |
| Forward PE | 12.35 |
| Price/Sales (Trailing 12 Mt.) | 2.77 |
| Price/Book (Most Recent Quarter) | 1.40 |
Technicals
| Beta | 1.48 |
| 52 Week High | 356.85 |
| 52 Week Low | 130.41 |
| 50 Day Average | 314.77 |
| 200 Day Average | 250.34 |
Dividend
The Goldman Sachs Group, Inc pays out a dividend of $5.00 per share, with a dividend yield of 2.35%.
GS's last dividend payment was made to shareholders on March 30, 2021.
They pay out 15.82% of their earnings out as a dividend.
Recent Dividends
| Jun 27, 2024 | $2.75 |
| Mar 28, 2024 | $2.75 |
| Dec 28, 2023 | $2.75 |
| Sep 28, 2023 | $2.75 |
| Jun 29, 2023 | $2.50 |
| Mar 30, 2023 | $2.50 |
| Dec 29, 2022 | $2.50 |
| Sep 29, 2022 | $2.50 |
US Stocks Set For A Lower Start As Sentiment Sours Ahead Of Powell's Speech, JOLTS Data, And Tesla Q2 Data: 'There's Still An Upward Tilt To The Equity Market,' Says Analyst
Wall Street is priming for a moderately lower opening on Tuesday after soft data helped the tech-heavy Nasdaq Composite close at another record high in the first trading session of the year’s second half.
Jim Cramer Has A Market Strategy: Interest Rates Up, Buy Mag 7; Rates Down, Buy Everything
Jim Cramer, the host of CNBC's "Mad Money," has advised investors to consider buying the 'MAG 7' stocks when interest rates rise and to buy everything when rates fall.
The END of Joe Biden - Ad
One of my political operatives just handed me this story: "Weeks from now, Joe Biden's political career will go down in flames..." I didn't believe it either. But then he sent me the details... Believe it or not, this new scandal is bigger than anything related to Trump, the economy, foreign affairs or even Biden's sagging poll numbers.
Elon Musk Says 'Lying On This Platform Doesn't Work Anymore' After Biden VP Kamala Harris Gets Community Noted On X After Posting About Trump
Elon Musk challenged Vice President Kamala Harris's claim about former President Trump's stance on a national abortion ban after her post on X was flagged by the Community Notes feature, asserting that Trump's position has been misrepresented.
Gary Black Echoes Elon Musk After Tesla CEO Warns Short Sellers, Including Bill Gates, That They Will Be Obliterated: Need To Have 'Their Heads Examined'
Future Fund Managing Partner Gary Black has issued a stark warning to those betting against Tesla Inc stock.
Joe Biden Facing Political "Knockout" In Weeks? - Ad
Weeks from now, we are expecting Joe Biden to make a historical announcement... It will change everything about the coming 2024 election. In short: Joe Biden is facing a new political scandal like no other ... And the shocking thing is, his own party is behind it. It doesn't matter if you're not a political junkie. It doesn't matter who you are voting for. The implications of this sinister turn of events will impact YOUR money, perhaps immediately...
The $100K Cybertruck Needs Some FSD Love From Tesla, Says Ross Gerber: 'Would Be Nice To Have The Software'
Ross Gerber, the CEO of Gerber Kawasaki Wealth, has made a public request for Tesla Inc to include Full Self-Driving software in its $100,000 Cybertruck.
NATO To 'Trump-Proof' Ukraine Aid After Biden's Weak Debate Performance With $40B Annual Financial Pledge And New Post In Kyiv
In a bid to fortify long-term support for Ukraine, NATO is set to announce a series of measures, including the establishment of a new post in Kyiv, at an upcoming summit in Washington.
Man Who Called Nvidia at $1.10 Says Buy This Now... - Ad
In 2004, a man predicted Nvidia's rise. Now, he says a new company, which IPO'd in 2023, could soar like Nvidia. It signed a major deal with Apple for its AI tech in iPhones and iMacs. Could it be the next trillion-dollar company? See why he believes it's among "The Next Magnificent Seven."
5 Biggest Winners, 5 Biggest Losers From Dow Jones Industrial Average In First Half 2024
Ten of the Dow Jones Industrial Average stocks were up double digit percentage in the first half of 2024. A look at the best and worst performers.
Is The 'Bitcoin Trump Pump' Sustainable? Here's What 10x Research Thinks
A new report by 10x Research explores the recent Bitcoin (CRYPTO: BTC) price surge and its potential connection to former President Donald Trump‘s
Buy This Sub-$5 Play on His Final Masterpiece - Ad
I just issued my latest prediction on how this billionaire is about to shock the world with what I believe will be his final masterpiece. Once he flips the switch... Which could happen as early as mid-2024... I believe it could send this sub-$5 play skyrocketing in the coming months.
mRNA Technology Promises To Make A Long-Time Coming Turning Point In Cancer Treatment
The medical and pharmaceutical community continues to embrace emerging technologies, beginning with mRNA that rose to fame during the COVID-19 pandemic. The beauty of mRNA technology is that it opens the door to a more personalized and effective treatment as messenger RNA instructs the patient’s cells how to combat diseases like cancer.
Stocks Inch Up, Bonds Dip; Tesla And EVs Rally; Oil Tops $83: What's Driving Markets Monday?
It’s a mixed start to the week on Wall Street, with major large-cap indices slightly above the break-even point by midday trading in New York.
Oppenheimer of Our Age Makes Startling Discovery - Ad
Elon Musk's former business partner, and the man who New York Magazine calls "The Oppenheimer of our Age"...Is working on a secret energy project that could power humanity for 4 BILLION years... And it all has to do with this golf ball.
Apple Eyes New Growth With Extended Smartphone Replacement Cycle and Strategic Pricing: Analyst
Apple Inc (AAPL) shares up as Needham analyst maintains Buy rating and $220 price target. Channel checks suggest longer smartphone replacement cycle.
Solana's Answer To Dogecoin Outpeforms Broader Market With A 13% Spike: What's Up With Bonk?
Dog-themed meme token Bonk (CRYPTO: BONK) pipped heavyweights to emerge as the cryptocurrency market's biggest gainer Monday.
Nvidia Is Pivoting to Solve Big Tech's $1 Trillion Problem - Ad
Nvidia is the hottest company in the world thanks to its chip business. But here's the thing: Nvidia is making a massive $1 trillion pivot ... To solve AI's biggest problem. But it's not making this move by itself. A new set of companies are partnering with Nvidia in this trillion-dollar venture.
Cathie Wood-Led Ark Invest Dumps $4.3M Worth Of Nvidia Shares Amid Rebound -- Swoops Into Buy Stock Of This Netflix Rival
On Tuesday, June 25, 2024, Cathie Wood-led Ark Invest made significant trades in NVIDIA Corp (NASDAQ:NVDA) and Roku Inc (NASDAQ:ROKU), amidst considerable market volatility.
Nikki Haley Reminds George Stephanopoulos Of Her Prophecy That Joe Biden Isn't Going To Finish His Term: 'Believe Me Now...?'
What Happened: Nikki Haley, the former U.S. Ambassador to the United Nations, took to X on Monday to question ABC's George Stephanopoulos.
AI Giant To Close the AI "Wealth Window' June 25? - Ad
On June 25, AI Giants will reveal "AI 2.0" to major tech executives, marking a pivotal moment in investing. This next-gen AI promises to transform lives and create a $15.7 trillion global market by 2030. This brief opportunity exists for early investors to capitalize on small breakthrough companies before this wealth window closes.
Billionaire Peter Thiel Voices Skepticism On Bitcoin's Future Growth: 'I'm Not Sure It's Going To Go Up That Dramatically'
Tech billionaire Peter Thiel has voiced doubts about Bitcoin’s (CRYPTO: BTC) capacity for significant price growth while also expressing regret for not purchasing more of the cryptocurrency.
Trump's Crypto Fortune, Proposal For Bill Allowing Federal Tax Payments In Bitcoin, And More: Crypto Weekly Round-Up
As the week comes to a close, the world of finance and cryptocurrency has been anything but quiet. From former President Donald Trump‘s potential crypto fortune to the introduction of a bill allowing federal tax payments in Bitcoin, the news cycle has been buzzing with intriguing developments. Here’s a quick recap of the top stories that made headlines.
"America's No. 1 Retirement Stock" (Name Inside) - Ad
According to the former Goldman Sachs VP -- who wrote a best-selling book on retirement -- one single stock stands head-and-shoulders above all others. And it should be the cornerstone of your portfolio. Have you heard of it?
Trump Reportedly Makes Decision On VP Pick, Says Running Mate Will Be At Debate
Former President Donald Trump has made a decision on his vice presidential nominee for the forthcoming election.
Kim Jong Un's North Korea Launches 2 Ballistic Missiles, South Korean Chiefs Of Staff Say Act, 'Seriously Threatens Peace And Stability'
North Korea under the leadership of Kim Jong Un has launched two ballistic missiles, the South Korean military confirmed on Monday.
Wall St. Icon: Looming Financial Tsunami Will Wipe Out the 1% - Ad
Wall Street icon who forecasted Black Monday and dot-com crash says a new economic event will hit the American economy like a tsunami. It doesn't matter if you're blue collar, white collar, working, or retired. He says, "I am literally afraid for my family's future. I'm taking drastic steps to prepare for what I know will inevitably happen next."
Elon Musk Reacts To Footballer Isaiah Simmons' White Tesla Cybertruck Parked Up In Manhattan: 'Nice'
Tesla CEO Elon Musk thinks matte white is a good look on his EV company's stainless steel Cybertruck.
8 Large Cap Stocks That Outperformed Nvidia Over The Past Year
Nvidia surged 217.58% over the past year, 173.78% year-to-date. Here are eight large-cap stocks that outperformed it this past year.
'Bombshell' Presentation Exposes Dark Side of Tech Billionaires - Ad
Blistering presentation exposes dark underbelly of Big Tech; their control over the economy and what you can do about it. If you watch just one presentation this year, make sure it's this one.
Football Legend Ronaldinho Says 'Time For Crypto To Go Mainstream:' Is Another Token Themed After Him On The Way?
Brazilian football legend Ronaldo de Assis Moreira, better known as Ronaldinho, sounded bullish on cryptocurrencies with a recent post on X, formerly Twitter, part of a larger trend of well-known figures putting their weight behind what is still regarded as a volatile asset class.
Top 2 Utilities Stocks That May Rocket Higher In June
The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.
Weekend Trading: Your Path to Financial Freedom With Tim Sykes - Ad
Trade when others rest and seize weekend opportunities with Tim Sykes' strategy. Beat market volatility and supercharge your portfolio. Join him today for just $7!
Workers sue Disney claiming they were fraudulently induced to move to Florida from California
ORLANDO, Fla. (AP) — Disney workers are suing their employer, claiming they were fraudulently induced to to work in a new office campus only to have those plans later scrapped amid a fight between the entertainment giant and Florida Gov. Ron DeSantis.
Supreme Court Rejects Trump-Ally Steve Bannon's Appeal, Prison Sentence Looms
The Supreme Court dismissed Steve Bannon's final appeal to avoid prison, mandating him to report to prison by July 1 for his contempt of Congress conviction.
This Billionaire's Final Masterpiece: "X-9840" - Ad
The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix... Just released the details on what he's calling Project X-9840. This business mogul is now set to revolutionize MONEY. He has said he could flip the switch "as early as mid 2024."
Assault on US avocado inspectors in Mexican state led to suspension of inspections
MEXICO CITY (AP) — Two employees of the U.S. Agriculture Department were assaulted and temporarily held by assailants in the Mexican state of Michoacan, prompting the U.S. government , the U.S. ambassador to Mexico said Tuesday.
Mortgage rates ease for second straight week, leaving average rate on a 30-year home loan at 6.95%
LOS ANGELES (AP) — Mortgage rates eased again this week, though the latest pullback leaves the average rate on a 30-year home loan at close to 7%, where it's been much of this year.
Nvidia Is Now Part of $3 Trillion Market Cap Club - Ad
Nvidia has become the third company ever to have a market cap greater than $3 trillion. And now, Nvidia is pivoting to the next AI frontier it plans to conquer. This recent move is valued at $1 trillion... at least. A small handful of Nvidia's other partners could see their own stocks benefit from it.
Trump Vs. Biden: Latest Poll Results In Key State Of Virginia Spells Trouble For One Candidate And His Party
A recent poll shows a tie between President Joe Biden and former President Donald Trump in Virginia, a state that has been under Democratic control for the last two decades.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.