Latest news with #GS
Yahoo
19 hours ago
- Business
- Yahoo
GS Iron Condor Could See a 33% Return in 3 Weeks
Goldman Sachs (GS) is due to report earnings after the market close on July 16th. The Barchart Technical Opinion rating is a 88% Buy with a Strongest short term outlook on maintaining the current direction. GS rates as a Strong Buy according to 9 analysts with 1 Moderate Buy rating and 13 Hold ratings. Heavy Volume in Advanced Micro Devices Options Is a Bullish Signal GS Iron Condor Could See a 33% Return in 3 Weeks Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Implied volatility is 66.45% which gives GS an IV Percentile of 71% and an IV Rank of 21.42%. The Goldman Sachs Group, Inc. is a leading global financial holding company providing IB, securities, investment management and consumer banking services to a diversified client base. It has 4 broad segments. The IB segment comprises the Financial Advisory, Underwriting and lending to corporate clients. The Global Markets segment comprises Fixed Income, Currency and Commodities, which include client-execution activities related to making markets in credit products, interest rate products, mortgages, currencies and commodities. Equities include client execution activities related to making markets in equities, commissions and fees, and its securities services business, warehouse lending & structured financing to institutional clients, advisory and underwriting assignments. The Consumer & Wealth Management segment includes management and other fees, incentive fees and results from deposit-taking activities related to wealth management business. The Asset Management division comprises management and other fees. Goldman Sachs Earnings Iron Condor Today, we're going to look at an iron condor trade placed over earnings. These types of trades can be high risk, so make sure you understand how they work before attempting something like this. Ideally, we would like to close it out before earnings. An iron condor aims to profit from a drop in implied volatility, with the stock staying within an expected range. When implied volatility is high, the wider the expected range becomes. The maximum profit for an iron condor is limited to the premium received while the maximum potential loss is also capped. To calculate the maximum loss, take the difference in the strike prices of the long and short options, and subtract the premium received. Trade Setup As a reminder, an iron condor is a combination of a bull put spread and a bear call spread. The idea with the trade is to profit from time decay while expecting that the stock will not move too much in either direction. First, we take the bull put spread. Using the July 18th expiry, we could sell the $615 put and buy the $610 put. That spread could be sold yesterday for around $0.60. Then the bear call spread, which could be placed by selling the $725 call and buying the $735 call. This spread could be sold yesterday for around $0.65. In total, the iron condor will generate around $1.25 per contract or $125 of premium. The profit zone ranges between $613.75 and $726.25. This can be calculated by taking the short strikes and adding or subtracting the premium received. As both spreads are $5 wide, the maximum risk in the trade is 5 – 1.25 x 100 = $375. Therefore, if we take the premium ($125) divided by the maximum risk ($375), this iron condor trade has the potential to return 33.33%. If price action stabilizes, then iron condors will work well. However, if GS stock makes a bigger than expected move, the trade will suffer losses. Trades held over earnings allow little room for adjusting, so they can be a bit hit or miss. Conclusion And Risk Management This iron condor on Goldman Sachs offers a well-balanced, high-probability setup for options traders seeking steady income with defined risk. By targeting short strikes that sit outside key support and resistance levels, the trade benefits from time decay while maintaining a healthy risk/reward profile. Remember to close before earnings if you do not want earnings risk. Please remember that options are risky, and investors can lose 100% of their investment. This article is for education purposes only and not a trade recommendation. Remember to always do your own due diligence and consult your financial advisor before making any investment decisions. On the date of publication, Gavin McMaster did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
a day ago
- Business
- Yahoo
Goldman Sachs Group Earnings Preview: What to Expect
Valued at a market cap of $210.8 billion, The Goldman Sachs Group, Inc. (GS) is a global financial institution that delivers a range of financial services to a large and diversified client base that includes corporations, financial institutions, governments, and individuals. The New York-based company operates through Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments. The company is expected to release its Q2 2025 earnings before the market opens on Wednesday, Jul. 16. Ahead of this event, analysts expect GS to post a profit of $9.61 per share, reflecting a growth of 11.5% from $8.62 per share reported in the same quarter last year. In addition, the company has surpassed Wall Street's bottom-line estimates in the past four quarters. Dear Nvidia Stock Fans, Watch This Event Today Closely A $2 Billion Reason to Sell Super Micro Computer Stock Now 3 ETFs Offering Juicy Dividend Yields of 15% or Higher Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For fiscal 2025, analysts forecast Goldman Sachs to report an EPS of $44.12, an 8.8% increase from $40.54 reported in fiscal 2024. Moreover, in fiscal 2026, its earnings are expected to surge 14.1% year-over-year to $50.33 per share. GS stock has soared 50.7% over the past 52 weeks, outperforming the S&P 500 Index's ($SPX) 12.1% gain and the Financial Select Sector SPDR Fund's (XLF) 26.3% returns during the same time frame. Shares of Goldman Sachs rose 1.9% following the release of its strong Q1 2025 results on Apr. 14. The company reported net revenues of $15.1 billion, up 6% year-over-year, surpassing the Wall Street expectations. The revenue growth was driven by higher net revenues in the Global Banking & Markets segment, partially offset by a slight decline in Asset & Wealth Management revenues. The bottom line came in at $14.12 per share, marking a 21.9% increase from the prior year quarter and exceeding the consensus estimate by 11.1%. Analysts' consensus view on GS stock remains moderately optimistic, with a "Moderate Buy" rating overall. Out of 23 analysts covering the stock, opinions include nine "Strong Buys," one "Moderate Buy,' and 13 "Holds.' As of writing, it is trading above the mean price target of $603.60. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
4 days ago
- Business
- Yahoo
Goldman Sachs Unveils Firmwide AI Assistant to Boost Productivity
Goldman Sachs GS has firmwide launched GS AI Assistant, a tool driven by generative AI, according to an internal memo seen by Reuters. The GS AI Assistant, already in use by approximately 10,000 employees, is now accessible across the company. The assistant, powered by generative AI, is built to improve productivity by helping employees summarize reports, draft content, analyze datasets, and translate documents. It is tailored to meet the needs of employees in different functions, including investment banking, software development, research analysis, and asset and wealth management. According to the internal memo, the GS AI assistant will help Goldman employees in "summarizing complex documents and drafting initial content to perform data analysis." The launch of GS AI Assistant marks a significant milestone in Goldman Sachs' digital transformation, demonstrating the company's commitment to integrating advanced technology across its operations. By scaling generative AI firmwide, the company intends to enhance productivity, streamline workflows, and maintain a competitive edge in the financial sector. Shares of GS have gained 44.7%, outperforming the industry's growth of 34.2% in the past year. Image Source: Zacks Investment Research Currently, the company carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. In May 2025, Deutsche Bank DB embarked on a digital transformation drive, focusing on cloud migration, artificial intelligence (AI), and automation to enhance operational efficiency and client services. In sync with this, DB has collaborated with International Business Machines IBM and finaXai, a Singapore-based AI company. By leveraging IBM's innovative technologies, Deutsche Bank aims to streamline workflows, reduce operational costs and improve efficiency across all areas of its business. Further, a strategic partnership with finaXai is expected to significantly expand Project DAMA 2 — DB's public-permissioned multi-chain asset servicing pilot. In March 2025, Citigroup Inc. C unveiled Citi AI, a range of artificial intelligence tools aimed at enhancing internal processes for Hong Kong employees. Citi AI aims to maximize efficiency in operations by offering support in information retrieval, document summarization, and writing electronic communications for employees. As of March 2025, Citigroup AI was made available to approximately 150,000 employees across 11 countries, including the United States, India, and Singapore. C plans to expand availability to more markets this year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Goldman Sachs Group, Inc. (GS) : Free Stock Analysis Report Citigroup Inc. (C) : Free Stock Analysis Report International Business Machines Corporation (IBM) : Free Stock Analysis Report Deutsche Bank Aktiengesellschaft (DB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Goldman Sachs warns of oil price surge on Strait of Hormuz risks
(Reuters) -Goldman Sachs (GS) flagged risks to global energy supply amid concerns over a potential disruption in the Strait of Hormuz that would lead to significant spikes in oil and natural gas prices, the bank said in a note dated Sunday. The bank estimated Brent crude (BZ=F) could briefly peak at $110 per barrel if oil flows through the critical waterway were halved for a month and remained down by 10% for the following 11 months. Prices would then moderate, with Brent averaging around $95 per barrel in the fourth quarter of 2025, it said in a note. Oil prices jumped on Monday to their highest since January after Washington joined Israel over the weekend in attacking Iran's nuclear facilities. Goldman highlighted that prediction markets, despite limited liquidity, now reflect a 52% probability of Iran closing the Strait of Hormuz in 2025, citing data from Polymarket. Additionally, it noted that a drop in Iranian supply by 1.75 million barrels per day could push Brent to a peak of around $90 per barrel. In one scenario, the bank said a 1.75 million barrels per day (bpd) drop in Iranian oil supply for six months, followed by gradual recovery, could push Brent crude to peak at $90 per barrel before falling to the $60s by 2026. In the second sub-scenario, where Iranian production remains persistently lower, Brent could still peak at $90 but stabilize between $70-80 in 2026 due to reduced inventories and global spare capacity, Goldman Sachs said. "While the events in the Middle East remain fluid, we think that the economic incentives, including for the U.S. and China, to try to prevent a sustained and very large disruption of the Strait of Hormuz would be strong," Goldman Sachs said. Iran's Supreme National Security Council must make the final decision on whether to close the Strait of Hormuz following U.S. bombing raids, Iran's Press TV said on Sunday, after parliament was reported to have backed the measure. Goldman Sachs also projected European natural gas markets, including the TTF benchmark, to price in a higher probability of disruption, with TTF potentially rising closer to 74 euros per megawatt-hour ($25/MMBtu). However, the bank noted that U.S. natural gas prices would face limited impacts due to structural factors such as strong export capacity and minimal domestic LNG import needs. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-06-2025
- Business
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AM Best Downgrades Issuer Credit Rating of Safety Insurance Group, Inc. and Its Key Subsidiaries
OLDWICK, N.J., June 20, 2025--(BUSINESS WIRE)--AM Best has downgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to "a" (Excellent) from "a+" (Excellent) and affirmed the Financial Strength Rating of A (Excellent) of Safety Insurance Company, Safety Indemnity Insurance Company, Safety Property and Casualty Insurance Company and Safety Northeast Insurance Company. The outlook of the Long-Term ICRs has been revised to stable from negative while the outlook of the FSR is stable. Collectively, these companies are referred to as Safety Group. At the same time, AM Best has downgraded the Long-Term ICR to "bbb" (Good) from "bbb+" (Good) of Safety Insurance Group, Inc. (Delaware) [NASDAQ/GS: SAFT], the publicly traded parent of Safety. The outlook of the Long-Term ICR has been revised to stable from negative. All companies are domiciled in Boston, MA, except where specified. The Credit Ratings (ratings) reflect Safety's balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management (ERM). The Long-Term ICR downgrades reflect a trend of deterioration in Safety Group's risk-adjusted capitalization position since year-end 2021, as measured by Best's Capital Adequacy Ratio (BCAR). This reduction is attributed to the group's absolute surplus level declining while net written premium, net reserves and Safety Group's probable maximum loss estimate have all increased since. Inflationary trends and rate increases have also had a significant impact. Ultimately, these factors have led to Safety Group's risk-adjusted capitalization position declining to the strong level following 1Q 2025, down from the strongest level at year-end YE 2021. Company management has indicated its strategic goal is to remain within the strong range. AM Best assesses Safety Group's operating performance as strong due to five-year average pretax and total returns on revenue and equity that compare favorably with AM Best's private passenger and homeowners' composite averages. The group's five-year average combined ratio remains below breakeven and outperforms the composites as well. AM Best assesses Safety Group's business profile as neutral due to its consistent position as a top five carrier in the personal auto, commercial auto and homeowners' market in Massachusetts with a modestly diverse product offering. AM Best also views Safety Group's ERM as appropriate, supported by its comprehensive risk management framework that is well-documented in its Own Risk Solvency Assessment report. This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on Contacts Justin Aimone Financial Analyst +1 908 882 1595 Christopher Draghi Director +1 908 882 1749 Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 Al Slavin Senior Public Relations Specialist +1 908 882 2318 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
