Notes

From 2018, by Goldman Sachs, $GS: Is curing patients a sustainable business?
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Goldman Sachs, $GS: the Chinese yuan may now be commencing a multi-year strengthening path against the USD
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Procter & Gamble, $GS, to cut 7,000 jobs.
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AI can now handle up to 95% of drafting an IPO prospectus, Goldman Sachs, $GS, CEO has said.
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Robotaxis in China are expected to soar to almost 2 million within the next decade, an absolutely massive increase from the current 4,100, says Goldman Sachs, $GS:
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Bond traders are becoming increasingly spooked by mounting levels of US government debt — and it’s now a concern that holds more risk than tariffs, according to Goldman Sachs, $GS, Group's president
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Goldman Sachs, $GS, economists expect tariff-related inflation to be short-lived and not long-lasting.
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Investors are behaving more ’emotionally’ now than they were during COVID or the financial crisis, Goldman Sachs, $GS, CIO has said.
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"Expect tariffs to cancel out any economic boost from Trump's tax cuts," Goldman Sachs, $GS, has said per BI
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Goldman Sachs, $GS, has raised its 2025 China GDP growth forecast to 4.6% from 4%
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BREAKING: Goldman Sachs, $GS, will pay a $1.45 million civil fine to settle a inaccurate reporting for billions of stock trades. FINRA said that coding errors at Goldman led to inaccurate reporting of 36.6 billion trades to the CAT Central Repository, which helps the regulator monitor markets.
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????? Goldman is sidelined lol
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A recession likely means stocks have further to fall, Goldman Sachs, $GS, has said.
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Goldman Sachs, $GS, has forecasted 25bp rate cuts in July, September, and October, citing recession risks from tariffs and trade uncertainty
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Goldman Sachs, $GS, CEO Solomon: Growth has slowed with Trump's trade policy
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Selling of US equities likely driven by European investors, per Goldman Sachs, $GS:
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Goldman Sachs, $GS: Foreign tourism to the US has plummeted since Liberation Day
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Goldman Sachs, $GS, says to brace for a bigger stock drawdown, wider credit spreads and recession
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Goldman Sachs, $GS, says that gold will hit $3,700 by year-end and may hit as high as $3,950.
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Investors currently allocate more than half of their financial assets to equities, per Goldman Sachs, $GS
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The equity market is currently near its most concentrated level in 100 years, per Goldman Sachs, $GS:
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Hedge funds have sold global stocks over the last month at the fastest pace in 12 years, per Goldman Sachs, $GS
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Goldman Sachs, $GS, says stocks are due for a contrarian bounce in the next three months
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Goldman Sachs, $GS, has approved a $40 billion share buyback
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Goldman Sachs, $GS, earnings: - Revenue: $15.06 billion, est $14.76 billion - EPS: $14.12, est: $11.58
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$GS - GOLDMAN SACHS (GS) Q1 RESULTS 🔸 Revenue: $15.06B (+6% y/y, beat $14.76B est.) 🔸 EPS: $14.12 (vs. $11.58 y/y) 🔸 FICC trading: $4.40B (miss $4.47B est.) 🔸 Equities trading: $4.19B (beat $3.8B est.) 🔸 Global Banking & Markets: $10.71B (+10% y/y, beat $10.42B est.) 🔸 Investment banking: $1.92B (-8.1% y/y, miss $2.03B est.) 🔸 Advisory: $792M (-22% y/y, miss $910M est.) 🔸 Equity underwriting: $370M (in line) 🔸 Debt underwriting: $752M (+7.6% y/y, beat $699M est.) 🔸 Net interest income: $2.90B (beat $2.28B est.) 🔸 Platform Solutions earnings: +$25M (vs. est. -$106M) 🔸 Deposits: $471B (+8.8% q/q) 🔸 Provision for credit losses: $287M (better than $410M est.) 🔸 Operating expenses: $9.13B (+5.4% y/y, in line) 🔸 Compensation: $4.88B (+6.3% y/y) 🔸 ROE: 16.9% (beat 14.9% est.) 🔸 ROTE: 18% (beat 16.1% est.) 🔸 CET1 ratio: 14.8% (slight miss vs. 15% est.) 🔸 Book value/share: $344.20 (up from $321.10 y/y) 🔸 Efficiency ratio: 60.6% (better vs. 61.6% est.) 🔸 AUM: $3.17T (+11% y/y, beat $3.15T est.) 🔸 Net inflows: $24B (vs. $15B outflows y/y, miss $34B est.) 🔸 Loans: $210B (beat $197.6B est.)
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$GS - GOLDMAN BOARD APPROVED UP TO $40B SHARE BUYBACK PROGRAM
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Goldman Sachs, $GS, has increased its 2025 gold forecast to $3,700
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Goldman Sachs, $GS, has further lowered S&P 500 end-of-year forecast to 5700. If there is a recession, it could fall to 4600.
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JUST IN: Goldman Sachs $GS have rescinded their recession call after the Trump Tariff pause
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BREAKING: Goldman Sachs, $GS, says to brace for a recession, per CNBC
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Goldman Sachs, $GS, has lowered its S&P 500 year-end target to 6,200 from 6,500.
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Goldman Sachs, $GS, is now raising its 12-month US recession probability to 45% from 35%
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BREAKING: Hedge funds sold global equities in the largest 1-day amount since 2010, according to Goldman Sachs, $GS. Meanwhile, retail investors bought $4.7 billion in stocks on yesterday, the largest level over the past decade, per JPMorgan, $JPM
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Goldman Sachs, $GS, says it sees Trump tariffs spiking inflation, stunting growth and raising recession risks, per CNBC
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Goldman Sachs, $GS, has decreased its S&P 500 2025 forecast for second time this month to lowest on Street
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Goldman Sachs $GS has raised probability that a recession occurs in 12 months from 20% to 35%.
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Goldman Sachs, $GS, analyst Mark Delaney believes a 25% tariff on imported cars could raise the price by $5,000 to as much as $15,000.
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The last couple of weeks, German equities experiences the highest weekly inflows in past three years, per Goldman Sachs, $GS:
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QUICK MARKET SUMMARY: CONSUMER: 🔸 Calavo Growers ( $CVGW): $25M buyback. 🔸 Tesla ( $TSLA): Upgraded to Overweight at Cantor, PT $425. 🔸 Waldencast ( $WALD): Q4 EBITDA missed slightly; FY guidance below estimates. ENERGY/INDUSTRIALS/MATERIALS: 🔸 Kratos ( $KTOS): Building $50M hypersonic facility in Indiana. 🔸 Mosaic ( $MOS): Upgraded to Overweight at Barclays, PT $33. FINANCIALS: 🔸 Goldman Sachs ( $GS), Carlyle (CG), Jefferies (JEF): Downgraded at Oppenheimer. 🔸 Morgan Stanley ( $MS): Plans 2,000 job cuts. 🔸 StoneCo ( $STNE): Strong Q4 EPS and revenue beat; upbeat 2025 profit outlook. HEALTHCARE: 🔸 Absci ( $ABSI): Missed Q4; cash runway into 1H’27. 🔸 Gilead ( $GILD): Shares drop as CDC HIV division review raises concerns. 🔸 HealthEquity ( $HQY): Slight Q4 miss; FY guidance in line. 🔸 Inovio ( $INO): Missed Q4; cash runway into Q1’26. 🔸 OmniAb ( $OABI): Revenue beat; stronger FY outlook. 🔸 Pfizer ( $PFE): Raised $3.3B from Haleon stake sale. 🔸 Purdue Pharma: Filed new bankruptcy plan for opioid settlement. 🔸 Trevi ( $TRVI): Positive trial data; strong cash position. TECH/MEDIA/TELECOM: 🔸 Asana ( $ASAN): Filed mixed securities shelf. 🔸 Foxconn: Expects server revenue to surpass iPhones in 2 years. 🔸 FuboTV ( $FUBO): Partnered with Texas Rangers for streaming broadcasts. 🔸 HPE & NVIDIA ( $NVDA): Launched new AI solutions. 🔸 Oracle ( $ORCL) & NVIDIA (NVDA): Announced major AI integration. 🔸 Synopsys ( $SNPS) & NVIDIA: Teaming up to speed chip design. 🔸 Teradyne Robotics ( $TER): Showcasing AI robotics at NVIDIA GTC 2025.
$CVGW $TSLA
-16.31%
$WALD $KTOS $MOS $GS $MS $STNE $ABSI $GILD $HQY $INO $OABI $PFE $TRVI $ASAN $FUBO $NVDA
+5.46%
$ORCL
+2.77%
$SNPS $TER
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