GOLDMAN SACHS GROUP INC

Subscribe to CNBC PROSubscribe to Investing ClubLicensing & ReprintsCNBC CouncilsJoin the CNBC PanelDigital ProductsNews ReleasesClosed CaptioningCorrectionsAbout CNBCInternshipsSite...

GS Finance Corp. has filed a Form 424B2 for $6,723,000 Autocallable S&P 500 Index-Linked Notes due in 2030, guaranteed by The Goldman Sachs Group, Inc. These notes do not bear interest and carry a risk of significant investment loss, with payment at maturity dependent on the S&P 500 Index's performance. The notes also feature an automatic call if the underlier's closing level meets or exceeds the initial level on the call observation date, resulting in a capped payment.

Goldman Sachs has reduced its price target for Wynn Resorts (NASDAQ:WYNN) to $93.00, while maintaining a Buy rating, following the company's third-quarter adjusted EBITDAR falling below estimates. The firm lowered its financial projections for Las Vegas and Macau, citing choppy performance and a slowdown in October, despite the stock being considered undervalued by InvestingPro analysis. Wynn Resorts also reported disappointing Q3 2026 financial results with earnings and revenue missing expectations due to various regional challenges, although the Wynn Al Marjan Island in the UAE remains a long-term growth driver.

BGSF, Inc. reported its financial results for the third fiscal quarter ended September 27, 2026, showing revenues of $25.1 million, a decrease from the prior year. Despite revenue pressure, the company achieved a net income of $0.1 million and improved diluted earnings per share, primarily due to reduced selling, general, and administrative expenses and interest expense. Management highlighted a focus on expense management, operational efficiency, and strategic investments in PropTech and AI to navigate market challenges and position for long-term growth.

Associated Banc Corp recently initiated a new position in The Goldman Sachs Group, acquiring 2,980 shares valued at approximately $2.68 million. This move is part of broader institutional investor activity, with hedge funds and other institutional investors collectively owning 71.21% of Goldman Sachs stock. The investment comes as Goldman Sachs reported strong quarterly earnings, beating analyst estimates with an EPS of $17.01 and a 23% year-over-year revenue increase to $18.68 billion, alongside declaring a $5 quarterly dividend.

Associated Banc Corp has acquired a new position in Bank Of Montreal (NYSE:BMO), purchasing 8,834 shares valued at approximately $1,477,000 during the third quarter. Other institutional investors also made significant purchases. Bank Of Montreal recently reported strong quarterly earnings, beating analyst estimates, and declared a quarterly dividend of C$1.71 per share.

Goldman Sachs increased its price target for Expedia Group Inc. shares to $320 from $310, maintaining a Buy rating, following Expedia's strong third-quarter 2026 earnings. The company's core operating metrics, including gross bookings, revenue, and adjusted EBITDA, surpassed expectations, driven by solid execution in both consumer and business-to-business segments, with AI investments also highlighted as a long-term opportunity.

By PYMNTS | November 2, 2026 | Goldman Sachs has reportedly instituted a crackdown on artificial intelligence (AI) usage by its bankers. As Bloomberg News reported Monday (Nov. 2), Goldman had for months allowed bankers to use tools like Anthropic’s Claude Code and Microsoft’s GitHub on the job. Now, those tools will b