NYSE:GSCapital Markets
Goldman Sachs Group (NYSE:GS) Announces US$40 Billion Buyback; Reports Increased Q1 Earnings
The Goldman Sachs Group (NYSE:GS) reported strong quarterly earnings with net income and earnings per share both showing significant growth compared to the previous year. This financial performance, combined with the announcement of a substantial $40 billion share repurchase program, added momentum to its stock price, which rose by 6% last week. The market's broader positive trend, evidenced by robust gains in major indexes like the S&P 500, further supported this upward movement. In...