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BVTV: Goldman’s glum quarter | Reuters Video
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Video: Being Wall Street’s best bank isn’t a popularity contest. But being the one with the best stock-market valuation is. And Goldman Sachs is not winning. johnsfoley

'Beaten up' energy sector provides opportunities -investment analystJ&J raises 2023 forecast, stock jumpsApple unveils its $3499 Vision Pro headsetNetflix subscribers surge, but Q2 revenue falls shortGeneration AI: life,

the universe and everythingStocks higher as earnings roll in; Dow up for 8th dayGoldman dogged by 'noise' to core business -adviserIndia's Tata chooses UK for $5 bln battery plantBank of England relieved as UK inflation slows

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Goldman is losing Wall Street’s popularity contestGoldman is losing Wall Street’s popularity contestOwn goals dragged the investment bank’s return on equity down to 4% in the second quarter, half of Morgan Stanley’s level. Though Goldman Sachs still rules markets, its relative valuation has sagged under CEO David Solomon. He lacks his rival’s bold plan to win over investors.
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Goldman Sachs misses on profit after hits from GreenSky, real estateGoldman Sachs misses on profit after hits from GreenSky, real estateCostly write-downs and a continued Wall Street slump weighed on Goldman Sachs results this quarter.
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This classic recession signal has been flashing red, but Goldman Sachs is unfazedThis classic recession signal has been flashing red, but Goldman Sachs is unfazedThe inverted yield curve has been historically predictive of an imminent economic downturn – having appeared before each of the last seven recessions. No matter, says Goldman Sachs.
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