Goldman Sachs Beat on Earnings, Beat on Revenue, and Watched Its Stock Fall Anyway
Goldman posted $17.55 EPS versus $16.49 estimated and $17.23B revenue versus $16.97B estimated, but a FICC trading miss sent shares down.
The news. The narrative. The timeline.
Bureau: San Francisco
Goldman posted $17.55 EPS versus $16.49 estimated and $17.23B revenue versus $16.97B estimated, but a FICC trading miss sent shares down.
Hacking group ShinyHunters released GTA Online financial data after Rockstar refused to pay, and Rockstar's statement called it a non-event.
Three of America's four largest banks report Q1 earnings today, and what Goldman's FICC miss revealed Monday makes the stakes clearer.
Somnigroup is absorbing Leggett & Platt in a $2.5 billion all-stock deal, ending one of the longest consecutive dividend streaks in American corporate history.
GFL Environmental is acquiring Secure Waste Infrastructure for C$6.4 billion in an 80/20 stock-cash deal, and its own stock fell on the news.
Q1 2026 shattered every venture capital record, but 64% of the $297 billion went to just four companies — a concentration that looks less like a boom than a coronation.
U.S. stocks rallied on blockade Day 1 after Trump said Iran wants a deal, while Asian markets fell sharply overnight.