옵션 체인은 다양한 행사가격과 만기일에 대한 Goldman Sachs Gr의 주식 옵션 주요 데이터를 보여줍니다. 트레이더들은 이 정보를 사용하여 잠재적 거래를 분석하고 Goldman Sachs Gr에 대한 시장 심리를 평가합니다..

Goldman Sachs Gr (NYSE:GS) 주식, 옵션 체인

Goldman Sachs Gr

Goldman Sachs is a leading global investment banking and asset management firm. Approximately 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.

Analyst Color

Earnings

Earnings Beats

Price Target

Reiteration

Analyst Ratings

Movers

Trading Ideas

골드만삭스 그룹(NYSE:GS)은 화요일 3분기 실적이 긍정적이었다고 보고했다. 이 회사는 흥미로운 실적 발표 시즌 중에 결과를 발표했다. 주요 분석가들의 의견을 정리했다.

골드만삭스의 3분기 실적, 강력한 투자은행 및 트레이딩 매출에 분석가들이 긍정적으로 평가

Technicals

오늘의 주식: 골드만삭스 실적이 예상을 웃도는데, 주가 하락이 예상될 수도

News

Markets

JP모건 체이스(NYSE:JPM)의 CEO인 제이미 다이먼은 미국 경제에 영향을 미칠 수 있는 문제에 대해 엄중한 경고를 발표했다. 무슨 일이 (What Happened): 이 은행의 3분기 실적 발표에서 다이먼은 경제 및 지정학적 안정성을 모두 방해할 수 있는 몇 가지 중요한 글로벌 위험을 강조했다.

제이미 다이먼이 경제에 대한 글로벌 위험에 대해 경고: &#39;위험하고 점점 더 악화되고 있다&#39;

Goldman Sachs Group, Inc. (The) Common Stock

The Goldman Sachs Group Inc

GelStat Corp

Globalstar Inc

Great Southern Bancorp, Inc. - Common Stock

Great Southern Bancorp Inc

Goldman Sachs BDC Inc

GS GREEN BOND ETF USD H

GOLDEN STATE BANCORP by Golden State Bancorp

Golden State Bancorp

Goldman Sachs ETF Trust Goldman Sachs Small Cap Core Equity ETF

Ioneer Ltd

GS Chain PLC

BNP E&M ENH ROLL ETF

WisdomTree Trust Global SmallCap Divid Fd

GOLDSANDS DEV CO by Goldsands Development Co.

Goldsands Development Co

Global Systems Dynamics Inc Class A

GSDT FINTECH GROUP INC by GSDT Fintech Group Inc.

GSDT Fintech Group Inc

Global Systems Dynamics Inc Units (1 Ord Class A & 1/2 War)

Global Systems Dynamics Inc Warrants (01/04/2026)

Goldman Sachs MarketBeta Emerging Markets Equity ETF

Covivio SA

GOLDMANSACHS ETF

FT Vest U.S. Equity Moderate Buffer ETF - September

Goldman Sachs ActiveBeta Europe Equity ETF

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

GLOBAL SEAFOOD TECH INC by Global Seafood Technologies, Inc.

Global Seafood Technologies Inc

GREEN STREAM HOLDINGS by Green Stream Holdings Inc.

Green Stream Holdings Inc

Goldman Sachs Future Planet Equity ETF

iShares GSCI Commodity-Indexed Trust Fund

GSG Group Inc

GENSIGHT BIOLOGICS SA by Gensight Biologics SA

Gensight Biologics SA

ISHARES S&P GSCI COMMODITY INDXD ETF

Goosehead Insurance, Inc. - Class A Common Stock

Goosehead Insurance Inc

GUSHEN INC by Gushen Inc.

GOLDSHORE RESOURCES INC by Goldshore Resources Inc.

Goldshore Resources Inc

GUSHENGTANG HLDGS LTD by GUSHENGTANG HLDGS LTD.

Themes Global Systemically Important Banks ETF

Goldman Sachs MarketBeta International Equity ETF

Goldman Sachs ActiveBeta International Equity ETF

Golden Sachs ETF Trust Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF

GENERAL STEEL HLDGS INC by General Steel Holdings, Inc.

General Steel Holdings Inc

GENERAL STORE INTL CORP by General Store International Corp. (THE)

GENESIS MINERALS LTD NEW by Genesis Minerals Limited

Genesis Minerals Ltd

GSI Technology Inc

Garden Stage Ltd

GREATSTAR IND GDR

Goldman Sachs ActiveBeta Japan Equity ETF

GSK plc American Depositary Shares (Each representing two Ordinary Shares)

GSK PLC

Goldseek Resources Inc Ordinary Shares

Global Ship Lease Inc New Class A Common Shares

Global Ship Lease Inc

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

ACTIVBETA US LG CAP ETF USD ACC

GREEN SCIENTIFIC LBS HLD by Green Scientific Labs Holdings Inc.

Go Solar USA Inc

GEOSOLAR TECHNOLOGIES INC by GEOSOLAR TECHNOLOGIES, INC.

Geosolar Technologies Inc

Global Ship Lease, Inc. Depository Shares Representing 1/100th Perpetual Preferred Series B% (Marshall Island)

Ferroglobe PLC

Indiana Resources Ltd

Cheer Holding Inc

G&S Minerals Inc

GLOBAL ESCIENCE CORP by Global eScience Corp.

Global eScience Corp

GRAYSCALE SOLANA TRUST by Grayscale Solana Trust (SOL)

GULFSLOPE ENERGY INC by Gulfslope Energy, Inc.

Gulfslope Energy Inc

S&P/TSX Energy Transition Materials Index (USD) TR

S&P/TSX Energy Transition Materials Index (USD) NTR

S&P/TSX Energy Transition Materials Index (USD)

GEOSPATIAL CORPORATION by Geospatial Corporation

Geospatial Corp

GREEN STAR PRODUCTS INC by Green Star Products, Inc.

Green Star Products Inc

GOLDEN SPIKE RES CORP by Golden Spike Resources Corp.

Golden Spike Resources Corp

Golden Star Enterprises Ltd

Food Culture Inc

S&P/TSX Composite Index (USD)

S&P/TSX Composite ESG Tilted (USD)

Gotham Enhanced 500 ETF

GSP Resource Corp

GOLDEN SHIELD RES INC by GOLDEN SHIELD RES INC.

Golden Shield Resources Inc

GSR III Acquisition Corp

GSRX INDUSTRIES INC by GSRX Industries Inc.

GSRX Industries Inc

GS ActiveBeta U.S. Small Cap Equity ETF

GOSSAN RESOURCES LTD CDA by Gossan Resources Ltd.

Gossan Resources Ltd

Goldman Sachs Access Ultra Short Bond ETF

GS SWEDEN AB by GS SWEDEN AB

GrEarn - United States Dollar

GLOBESTAR THERAPEUTICS CO by GlobeStar Therapeutics Corporation

GlobeStar Therapeutics Corp

GROWTH STALK HLDGS CORP by Growth Stalk Holdings Corp

Growth Stalk Holdings Corp

GOLDSTORM METALS CORP by GOLDSTORM METALS CORP.

Goldstorm Metals Corp

GLENSTAR VENTURES INC by GLENSTAR VENTURES INC.

GRAPHENE & SOLAR TECHS by Graphene & Solar Technologies Ltd.

Graphene & Solar Technologies Ltd

Golden Sun Health Technology Group Limited - Class A Ordinary Shares

Golden Sun Health Technology Group Ltd

Goldman Sachs MarketBeta U.S. Equity ETF

GSV Inc

GUANAJUATO SILVER CO LTD by GUANAJUATO SILVER CO LTD

Guanajuato Silver Co Ltd

Gameswap

GLOBAL SWEETENERS HLDGS by Global Sweeteners Holdings Ltd.

Goldman Sachs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) underwent analysis by 12 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">10</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $569.33, a high estimate of $661.00, and a low estimate of $472.00. This current average has increased by 4.9% from the previous average price target of $542.75. 
<img src="https://www.benzinga.com/files/images/story/2024/1730833225_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
A clear picture of Goldman Sachs Gr's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Chris Kotowski</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$661.00</td>
<td>$614.00</td>
</tr>
<tr>
<td>Jason Goldberg</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$588.00</td>
<td>$565.00</td>
</tr>
<tr>
<td>Kian Abouhossein</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$520.00</td>
<td>$472.00</td>
</tr>
<tr>
<td>Glenn Schorr</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$575.00</td>
<td>$520.00</td>
</tr>
<tr>
<td>David Konrad</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$570.00</td>
<td>$555.00</td>
</tr>
<tr>
<td>Chris Kotowski</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$614.00</td>
<td>$577.00</td>
</tr>
<tr>
<td>Betsy Graseck</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$570.00</td>
<td>$560.00</td>
</tr>
<tr>
<td>Ebrahim Poonawala</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$575.00</td>
<td>$563.00</td>
</tr>
<tr>
<td>Devin Ryan</td>
<td>JMP Securities</td>
<td>Raises</td>
<td>Market Outperform</td>
<td>$550.00</td>
<td>$525.00</td>
</tr>
<tr>
<td>Brennan Hawken</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$560.00</td>
<td>$550.00</td>
</tr>
<tr>
<td>Chris Kotowski</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$577.00</td>
<td>$548.00</td>
</tr>
<tr>
<td>Kian Abouhossein</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$472.00</td>
<td>$464.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Goldman Sachs Gr. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Goldman Sachs Gr compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Goldman Sachs Gr's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Goldman Sachs Gr's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/GS/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Goldman Sachs Gr analyst ratings.</a>
<h2>About Goldman Sachs Gr</h2>
Goldman Sachs is a leading global investment banking and asset management firm. Approximately 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.
<h3>Goldman Sachs Gr's Financial Performance</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Decline in Revenue: Over the 3 months period, Goldman Sachs Gr faced challenges, resulting in a decline of approximately -0.25% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Goldman Sachs Gr's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 21.89% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 2.44%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Goldman Sachs Gr's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.16%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Goldman Sachs Gr's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 2.69.
<h2>Analyst Ratings: Simplified</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Forecasting The Future: 12 Analyst Projections For Goldman Sachs Gr

Oppenheimer analyst Chris Kotowski maintains Goldman Sachs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) with a Outperform and raises the price target from $614 to $661.

Oppenheimer Maintains Outperform on Goldman Sachs Gr, Raises Price Target to $661

Deep-pocketed investors have adopted a bearish approach towards Goldman Sachs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in GS usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for Goldman Sachs Gr. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 0% leaning bullish and 80% bearish. Among these notable options, 6 are puts, totaling $263,088, and 4 are calls, amounting to $242,656.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $500.0 to $580.0 for Goldman Sachs Gr during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for Goldman Sachs Gr options trades today is 480.22 with a total volume of 400.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Goldman Sachs Gr's big money trades within a strike price range of $500.0 to $580.0 over the last 30 days.
<h3>Goldman Sachs Gr 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730738938_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$10.8</td>
<td>$10.5</td>
<td>$10.68</td>
<td>$540.00</td>
<td>$104.8K</td>
<td>1.4K</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$6.0</td>
<td>$5.85</td>
<td>$5.9</td>
<td>$580.00</td>
<td>$86.1K</td>
<td>730</td>
<td style="text-align: right;">150</td>
</tr>
<tr>
<td>GS</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/06/24</td>
<td>$24.6</td>
<td>$22.25</td>
<td>$23.61</td>
<td>$525.00</td>
<td>$70.8K</td>
<td>61</td>
<td style="text-align: right;">30</td>
</tr>
<tr>
<td>GS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$30.15</td>
<td>$29.55</td>
<td>$29.96</td>
<td>$525.00</td>
<td>$51.1K</td>
<td>460</td>
<td style="text-align: right;">17</td>
</tr>
<tr>
<td>GS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$33.0</td>
<td>$32.35</td>
<td>$32.79</td>
<td>$530.00</td>
<td>$49.4K</td>
<td>255</td>
<td style="text-align: right;">17</td>
</tr>
</tbody>
</table>

<h3>About Goldman Sachs Gr</h3>
Goldman Sachs is a leading global investment banking and asset management firm. Approximately 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.
After a thorough review of the options trading surrounding Goldman Sachs Gr, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of Goldman Sachs Gr</h3>
<ul>
<li>With a trading volume of 474,039, the price of GS is down by -0.74%, reaching $515.49.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 72 days from now.</li>
</ul>
<h3>What The Experts Say On Goldman Sachs Gr</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $561.6.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Evercore ISI Group persists with their Outperform rating on Goldman Sachs Gr, maintaining a target price of $575. 
&#x2A; An analyst from B of A Securities has decided to maintain their Buy rating on Goldman Sachs Gr, which currently sits at a price target of $575. 
&#x2A; An analyst from Barclays has decided to maintain their Overweight rating on Goldman Sachs Gr, which currently sits at a price target of $588. 
&#x2A; Maintaining their stance, an analyst from JMP Securities continues to hold a Market Outperform rating for Goldman Sachs Gr, targeting a price of $550. 
&#x2A; Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Goldman Sachs Gr, targeting a price of $520. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Goldman Sachs Gr options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Goldman Sachs Gr's Options: A Look at What the Big Money is Thinking

Goldman Sachs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) has outperformed the market over the past 5 years by 5.14% on an annualized basis producing an average annual return of 18.23%. Currently, Goldman Sachs Gr has a market capitalization of $162.70 billion. 
Buying $100 In GS: If an investor had bought $100 of GS stock 5 years ago, it would be worth $230.65 today based on a price of $515.20 for GS at the time of writing.
<h3>Goldman Sachs Gr's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730734456_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In This Stock 5 Years Ago Would Be Worth $200 Today

Centurion Acquisition 13G Filing Shows The Goldman Sachs Group Reported A 6.4% Stake In The Co As Of September 30, 2024

<a href="https://www.fii-institute.tv/pages/fii-8-live" title="https://www.fii-institute.tv/pages/fii-8-live">https://www.fii-institute.tv/pages/fii-8-live</a>

Events

Goldman Sachs CEO David Solomon, At FII Event, Said Inflation Is More Structurally Embedded Than The Market Consensus

Goldman Sachs Gr's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) short percent of float has risen 7.8% since its last report. The company recently reported that it has 4.78 million shares sold short, which is 1.52% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.55 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Goldman Sachs Gr Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729883723_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Goldman Sachs Gr has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Goldman Sachs Gr's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Goldman Sachs Gr's peer group average for short interest as a percentage of float is 3.37%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

(GS) - Analyzing Goldman Sachs Gr's Short Interest

Investors with a lot of money to spend have taken a bearish stance on Goldman Sachs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with GS, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 9 uncommon options trades for Goldman Sachs Gr.
This isn't normal.
The overall sentiment of these big-money traders is split between 33% bullish and 44%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $87,960, and 6 are calls, for a total amount of $371,465.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $460.0 and $560.0 for Goldman Sachs Gr, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Goldman Sachs Gr stands at 345.56, with a total volume reaching 257.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Goldman Sachs Gr, situated within the strike price corridor from $460.0 to $560.0, throughout the last 30 days.
<h3>Goldman Sachs Gr Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729865745_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$23.75</td>
<td>$22.1</td>
<td>$22.5</td>
<td>$560.00</td>
<td>$202.5K</td>
<td>13</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$11.4</td>
<td>$11.05</td>
<td>$11.12</td>
<td>$530.00</td>
<td>$55.6K</td>
<td>1.5K</td>
<td style="text-align: right;">89</td>
</tr>
<tr>
<td>GS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$24.05</td>
<td>$23.3</td>
<td>$23.3</td>
<td>$535.00</td>
<td>$32.6K</td>
<td>189</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/25/24</td>
<td>$67.5</td>
<td>$59.3</td>
<td>$63.75</td>
<td>$460.00</td>
<td>$31.8K</td>
<td>12</td>
<td style="text-align: right;">5</td>
</tr>
<tr>
<td>GS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$14.6</td>
<td>$14.2</td>
<td>$14.6</td>
<td>$490.00</td>
<td>$27.7K</td>
<td>57</td>
<td style="text-align: right;">19</td>
</tr>
</tbody>
</table>

<h3>About Goldman Sachs Gr</h3>
Goldman Sachs is a leading global investment banking and asset management firm. Approximately 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.
In light of the recent options history for Goldman Sachs Gr, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Goldman Sachs Gr's Current Market Status</h3>
<ul>
<li>With a volume of 141,475, the price of GS is down -0.04% at $524.31. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 82 days.</li>
</ul>
<h3>What Analysts Are Saying About Goldman Sachs Gr</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $570.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from UBS continues to hold a Buy rating for Goldman Sachs Gr, targeting a price of $560. 
&#x2A; Consistent in their evaluation, an analyst from B of A Securities keeps a Buy rating on Goldman Sachs Gr with a target price of $575. 
&#x2A; Consistent in their evaluation, an analyst from Morgan Stanley keeps a Overweight rating on Goldman Sachs Gr with a target price of $570. 
&#x2A; An analyst from Evercore ISI Group persists with their Outperform rating on Goldman Sachs Gr, maintaining a target price of $575. 
&#x2A; Maintaining their stance, an analyst from Keefe, Bruyette &amp; Woods continues to hold a Outperform rating for Goldman Sachs Gr, targeting a price of $570. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Goldman Sachs Gr options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

What the Options Market Tells Us About Goldman Sachs Gr

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/10/23/final-trades-eaton-transdigm-and-goldman-sachs.html">Halftime Report Final Trades</a>,&#8221; Brenda Vingiello of Sand Hill Global Advisors named Eaton Corporation plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETN#NYSE">ETN</a>) <a href="https://www.benzinga.com/quote/ETN/earnings">as her final trade</a>.
Eaton will announce third-quarter earnings on Thursday, Oct. 31, before the opening of the New York Stock Exchange. 
Analysts expect the company to report quarterly earnings at $2.80 per share, up from $2.47 per share in the year-ago period. Eaton projects to report revenue of $6.37 billion for the recent quarter, compared to $5.89 billion a year earlier, according to data from Benzinga Pro.
Stephen L. Weiss of Short Hills Capital Partners said TransDigm Group Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>) is just a &#8220;great&#8221; company.
On Oct. 14, JPMorgan analyst Seth Seifman maintained TransDigm with a Neutral rating and raised the price target from $1435 to $1555.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Joe Terranova of Virtus Investment Partners picked The Goldman Sachs Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>).
The Consumer Financial Protection Bureau (CFPB), a government watchdog agency, issued a $89 million fine against Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Goldman Sachs due to "service breakdowns and misrepresentations" that impacted Apple Card users. The agency claims these missteps affected hundreds of thousands of<a href="https://www.benzinga.com/government/24/10/41501333/apple-goldman-sachs-fined-89-million-over-apple-card-missteps-government-watchdog-orders-victim-comp"> Apple Card holders</a>.
Price Action:
<ul>
<li>Eaton rose 0.4% to close at $344.96 during Wednesday's session.</li>
<li>TransDigm shares gained 0.5% to settle at $1,357.59.</li>
<li>Goldman Sachs fell 0.2% to close at $517.20 during Wednesday's session.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41488681/wall-streets-most-accurate-analysts-give-their-take-on-3-tech-stocks-delivering-high-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Tech Stocks Delivering High-Dividend Yields</a></li>
</ul>
Image: Shutterstock

Media

AAPL

Eaton, TransDigm And A Big Bank On CNBC's 'Final Trades'

The Consumer Financial Protection Bureau (CFPB), a government watchdog agency, issued a <a href="https://www.benzinga.com/news/24/10/41497367/apple-stock-is-sliding-wednesday-whats-going-on">$89 million fine against </a>Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Goldman Sachs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) due to &#8220;service breakdowns and misrepresentations&#8221; that impacted Apple Card users. The agency claims these missteps affected hundreds of thousands of Apple Card holders. 
The Context: Apple launched the Apple Card in partnership with Goldman Sachs in late 2019. The CFPB states that Goldman Sachs was aware that some of Apple's transaction dispute systems were not functioning properly ahead of the launch, but the companies decided to proceed anyway.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41431485/goldman-sachs-predicts-bleak-long-term-s-p-500-returns-as-market-concentration-hits">Goldman Sachs Predicts Bleak Long-Term S&amp;P 500 Returns As Market Concentration Hits &#8216;Highest Level In 100 Years&#8217;</a>
This led to customers encountering long wait times to receive refunds for disputed transactions, with some Apple Card users having incorrect negative information added to their credit reports. The CFPB also alleges that Apple and Goldman misrepresented interest-free monthly payments on Apple products through the card, with customers charged interest despite the advertised perk of zero-interest monthly installments for Apple products. The CFPB issued $89 million in fines for the service breakdown, with around $20 million allocated for victim redress. 
The Details: The CFPB ordered Apple to pay $25 million, which will go to CFPB's victim relief fund. On top of the $20 million Goldman was ordered to repay to victims, the bank must also pay a $45 million civil money penalty, according to the CFPB. 
The agency also ruled that Goldman will be unable to start a new credit card business until it can prove that these issues were resolved.
"The CFPB is also banning Goldman Sachs from launching a new credit card unless it can provide a credible plan that the product will actually comply with the law," the CFPB <a href="https://www.consumerfinance.gov/about-us/newsroom/cfpb-orders-apple-and-goldman-sachs-to-pay-over-89-million-for-apple-card-failures/">said in its press release. </a>Keep Reading:
<ul>
<li> <a href="https://www.benzinga.com/government/24/10/41455013/how-us-elections-could-impact-us-dollar-goldman-sachs-expects-greenback-will-remain-stronger-for-lon">How US Elections Could Impact US Dollar: Goldman Sachs Expects Greenback Will Remain &#8216;Stronger For Longer&#8217;</a></li>
</ul>
Photo: sdx15/Shutterstock.com

Government

Personal Finance

General

Apple, Goldman Sachs Fined $89 Million Over Apple Card Missteps, Government Watchdog Orders Victim Compensation

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Financials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>COIN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/25/24</td>
<td>$190.00</td>
<td>$42.2K</td>
<td>3.3K</td>
<td>6.9K</td>
</tr>
<tr>
<td>GS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$490.00</td>
<td>$49.3K</td>
<td>259</td>
<td>1.0K</td>
</tr>
<tr>
<td>YRD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$5.00</td>
<td>$47.7K</td>
<td>893</td>
<td>555</td>
</tr>
<tr>
<td>LC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$12.00</td>
<td>$31.0K</td>
<td>9</td>
<td>198</td>
</tr>
<tr>
<td>STWD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$20.00</td>
<td>$38.2K</td>
<td>1.2K</td>
<td>150</td>
</tr>
<tr>
<td>SCHW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$77.50</td>
<td>$26.1K</td>
<td>96</td>
<td>138</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$230.00</td>
<td>$47.1K</td>
<td>1.0K</td>
<td>115</td>
</tr>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$27.00</td>
<td>$60.1K</td>
<td>0</td>
<td>101</td>
</tr>
<tr>
<td>ERIE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$410.00</td>
<td>$30.4K</td>
<td>2</td>
<td>40</td>
</tr>
<tr>
<td>GPN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$110.00</td>
<td>$41.7K</td>
<td>11</td>
<td>26</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we notice a put option trade that happens to be bearish, expiring in 2 day(s) on October 25, 2024. This event was a transfer of 200 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $42.2K, with a price of $211.0 per contract. There were 3391 open contracts at this strike prior to today, and today 6927 contract(s) were bought and sold. 
• Regarding GS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), we observe a put option sweep with bearish sentiment. It expires in 149 day(s) on March 21, 2025. Parties traded 25 contract(s) at a $490.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $49.3K, with a price of $1975.0 per contract. There were 259 open contracts at this strike prior to today, and today 1004 contract(s) were bought and sold. 
• Regarding YRD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YRD#NYSE">YRD</a>), we observe a call option sweep with bearish sentiment. It expires in 23 day(s) on November 15, 2024. Parties traded 455 contract(s) at a $5.00 strike. This particular call needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $47.7K, with a price of $105.0 per contract. There were 893 open contracts at this strike prior to today, and today 555 contract(s) were bought and sold. 
• For LC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>), we notice a call option sweep that happens to be bullish, expiring in 58 day(s) on December 20, 2024. This event was a transfer of 188 contract(s) at a $12.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $31.0K, with a price of $165.0 per contract. There were 9 open contracts at this strike prior to today, and today 198 contract(s) were bought and sold. 
• For STWD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STWD#NYSE">STWD</a>), we notice a put option sweep that happens to be bullish, expiring in 450 day(s) on January 16, 2026. This event was a transfer of 150 contract(s) at a $20.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $38.2K, with a price of $255.0 per contract. There were 1221 open contracts at this strike prior to today, and today 150 contract(s) were bought and sold. 
• Regarding SCHW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>), we observe a call option trade with bullish sentiment. It expires in 331 day(s) on September 19, 2025. Parties traded 48 contract(s) at a $77.50 strike. The total cost received by the writing party (or parties) was $26.1K, with a price of $545.0 per contract. There were 96 open contracts at this strike prior to today, and today 138 contract(s) were bought and sold. 
• Regarding JPM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), we observe a call option trade with bearish sentiment. It expires in 121 day(s) on February 21, 2025. Parties traded 50 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $47.1K, with a price of $943.0 per contract. There were 1081 open contracts at this strike prior to today, and today 115 contract(s) were bought and sold. 
• Regarding HOOD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), we observe a call option sweep with bullish sentiment. It expires in 296 day(s) on August 15, 2025. Parties traded 101 contract(s) at a $27.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $60.1K, with a price of $595.0 per contract. There were 0 open contracts at this strike prior to today, and today 101 contract(s) were bought and sold. 
• Regarding ERIE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIE#NASDAQ">ERIE</a>), we observe a put option trade with bullish sentiment. It expires in 58 day(s) on December 20, 2024. Parties traded 40 contract(s) at a $410.00 strike. The total cost received by the writing party (or parties) was $30.4K, with a price of $760.0 per contract. There were 2 open contracts at this strike prior to today, and today 40 contract(s) were bought and sold. 
• Regarding GPN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPN#NYSE">GPN</a>), we observe a put option trade with bearish sentiment. It expires in 331 day(s) on September 19, 2025. Parties traded 25 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $41.7K, with a price of $1670.0 per contract. There were 11 open contracts at this strike prior to today, and today 26 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

COIN

ERIE

HOOD

SCHW

STWD

10 Financials Stocks With Whale Alerts In Today's Session

CNBC Halftime Report Final Trades: Eaton Corp, Transdigm Group, The Goldman Sachs Group

<a href="https://www.consumerfinance.gov/about-us/newsroom/cfpb-orders-apple-and-goldman-sachs-to-pay-over-89-million-for-apple-card-failures/#:~:text=Washington%2C%20D.C.%20%E2%80%93%20Today%2C%20the,thousands%20of%20Apple%20Card%20users.">https://www.consumerfinance.gov/about-us/newsroom/cfpb-orders-apple-and-goldman-sachs-to-pay-over-89-million-for-apple-card-failures/#:~:text=Washington%2C%20D.C.%20%E2%80%93%20Today%2C%20the,thousands%20of%20Apple%20Card%20users.</a>
Today, the Consumer Financial Protection Bureau (CFPB) took action against Apple and Goldman Sachs for customer service breakdowns and misrepresentations that impacted hundreds of thousands of Apple Card users. The CFPB found that Apple failed to send tens of thousands of consumer disputes of Apple Card transactions to Goldman Sachs, and when Apple did send disputes to Goldman Sachs, the bank did not follow numerous federal requirements for investigating the disputes. Apple and Goldman launched Apple Card despite third-party warnings to Goldman that the Apple Card disputes system was not ready due to technological issues. These failures meant that consumers faced long waits to get money back for disputed charges, and some had incorrect negative information added to their credit reports. The CFPB is ordering Goldman Sachs to pay at least $19.8 million in redress and a $45 million civil money penalty, and Apple to pay a $25 million civil money penalty. The CFPB is also banning Goldman Sachs from launching a new credit card unless it can provide a credible plan that the product will actually comply with the law.
The CFPB also found that Apple and Goldman Sachs misled consumers about interest-free payment plans for Apple devices. Many customers thought they would automatically get interest-free monthly payments when buying Apple devices with their Apple Card. Instead, they were charged interest. In some cases, Apple did not even show the interest-free payment option on its website on certain browsers. Goldman Sachs also misled consumers about the application of some refunds, which led to consumers paying additional interest charges.

Legal

'CFPB Orders Apple And Goldman Sachs To Pay Over $89M For Apple Card Failures; Companies Illegally Mishandled Transaction Disputes And Misled iPhone Purchasers About Interest-Free Payment Options'

<a href="https://www.wsj.com/finance/banking/goldman-sachs-faces-cfpb-fine-over-credit-card-business-270dd953?mod=latest_headlines" title="https://www.wsj.com/finance/banking/goldman-sachs-faces-cfpb-fine-over-credit-card-business-270dd953?mod=latest_headlines">https://www.wsj.com/finance/banking/goldman-sachs-faces-cfpb-fine-over-credit-card-business-270dd953?mod=latest_headlines</a>

'Goldman Sachs Faces CFPB Fine Over Credit-Card Business' - WSJ

In the current session, the stock is trading at $518.68, after a 0.17% increase. Over the past month, Goldman Sachs Gr Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) stock increased by 4.15%, and in the past year, by 74.78%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2024/1729618208_0.png" alt="Past Year Chart" />

<h3>Evaluating Goldman Sachs Gr P/E in Comparison to Its Peers</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Goldman Sachs Gr has a lower P/E than the aggregate P/E of 48.25 of the Capital Markets industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1729618208_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Intraday Update

A Look Into Goldman Sachs Gr Inc's Price Over Earnings

U.S. banks are preparing to slash interest payments on corporate deposits as the Federal Reserve&#8217;s recent <a href="https://www.benzinga.com/topic/interest-rates">rate cuts take effect. </a>
Following the Fed's decision in September to lower its benchmark rate by 50 basis points, the first reduction in over four years, U.S. financial institutions are focusing on corporate deposits as a key area to maintain profit margins amid declining interest levels, according to a report from the <a href="https://www.ft.com/content/1056329a-9500-468f-89b7-1834ba6e6090">Financial Times</a>.
<h3 class="wp-block-heading">Corporate Deposit Rates Come Under Pressure</h3>
In the wake of the Federal Reserve&#8217;s rapid rate hikes through 2022 and early 2023, banks increased interest payments on deposits to retain customers.
As benchmark interest rates soared to 23-year highs, corporate depositors, in particular, saw rates on their accounts rise sharply with Fed policy, the FT reported. These accounts became a significant tool for banks to attract and retain capital, preventing businesses from shifting funds into higher-yielding alternatives like money market funds.
With the recent rate cuts and more expected in the coming months, U.S. banks are now focusing on reducing the costs associated with these corporate deposits.
Several industry executives have echoed this sentiment. Bruce Van Saun, CEO of Citizens Financial Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CFG#NYSE">CFG</a>), told the FT that banks are actively pricing down deposits in corporate accounts since &#8220;they were demanding every penny on the way up.&#8221;
This trend is likely to continue, with projections indicating that the Fed&#8217;s rates could fall from 5% to around 3% by 2026.
<h3 class="wp-block-heading">Banks Leverage Flexibility Amid Weak Loan Demand</h3>
The environment of lower interest rates has also coincided with a downturn in loan demand. 
While this has pressured banks&#8217; net interest income, it has provided more flexibility when it comes to adjusting deposit rates. 
Jason Goldberg, a research analyst at Barclays, told the FT: "it's still very early in the cycle, but you certainly have started to see banks take action a little bit prior to this Fed cut in mid-September."
<h3 class="wp-block-heading">Small, Midsized Banks Eye Margin Protections</h3>
Mid-sized and smaller U.S. banks have been under significant pressure to raise the interest rates they offer on savings accounts in order to prevent customers from moving their money elsewhere. 
This competition has been especially tough for regional banks, while larger institutions like JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) and Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) have had an advantage. Nearly one-third of JPMorgan deposits earn no interest, the FT report said. 
Citizens Financial, which holds approximately $175 billion in deposits, is among the regional players employing sophisticated models to balance customer retention with deposit rate cuts. 
Van Saun reportedly said the bank takes a &#8220;very, very scientific&#8221; approach to pricing deposits, ensuring that rates are high enough to keep corporate clients satisfied but not so high as to erode profitability.
<h3 class="wp-block-heading">Implications For Bank Stocks </h3>
Shares of major U.S. financial institutions, tracked by the Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>), are trading at record highs following a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41331839/financial-sector-hits-record-highs-as-goldman-sachs-bank-of-america-citi-beat-q3-ea">robust third-quarter earnings season. </a>
Major banks like JPMorgan Chase &amp; Co., Goldman Sachs Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) , Bank of America, Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) and Wells Fargo &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) all exceeded earnings expectations, brightening the outlook for their shareholders.
For these large institutions, the planned cuts in corporate deposit rates could further bolster their profit margins, or at the very least help them maintain profitability. Their scale and perceived safety make it unlikely that such moves will result in significant withdrawals, providing a strategic advantage.
In contrast, smaller and mid-sized banks, represented by the SPDR S&amp;P Regional Banking ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>), have less flexibility to cut interest rates on corporate deposits without risking customer attrition. 
With heightened competition in the sector, these banks are in a more precarious position — overly aggressive cuts could prompt corporate depositors to move their funds elsewhere. As a result, these institutions may face pressure on their profit margins to keep depositors satisfied.
A silver lining could exist: for regional banks: lower interest rates might stimulate loan demand, which could help offset the pressure on deposit funding costs by increasing lending volumes.
Read now: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41402089/goldman-sachs-highlights-20-top-short-squeeze-opportunities-for-q3-earnings-season">Goldman Sachs Highlights 20 Top Short-Squeeze Opportunities For Q3 Earnings Season</a></li>
</ul>
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US Banks Plan Sharp Cuts In Corporate Deposit Returns As Fed Lowers Interest Rates: Could Financial Stocks Take A Hit?

Property tokenization was gaining traction among cryptocurrency enthusiasts as a novel way to real estate investment, as the broader narrative of putting real-world assets on blockchain rails gathers steam.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/21022746/image-172-1024x585.png" alt="" class="wp-image-604445" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/21022746/image-172-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/21022746/image-172-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/21022746/image-172-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/21022746/image-172-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/21022746/image-172.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
What Happened: The <a href="https://www.globalpropertyguide.com/most-expensive-cities">high </a>property prices in major cities like London and New York have made direct property investment increasingly unaffordable, paving the way for tokenized real estate as a viable alternative, according to a Financial Times <a href="https://www.ft.com/content/cf036ebf-6f4e-474f-a1ef-ca7179b712b0">report</a>.
Unlike real estate investment trusts (REITs) that own or finance large clusters of commercial and residential buildings, tokenized real estate allows for small-scale investment in individual properties.
In property tokenization, assets such as houses or hotels are divided into digital tokens that signify ownership. These tokens, which contain details like the asset&#8217;s ownership history and regulatory information, are stored on a blockchain, serving as a digital ledger.
When a real estate asset is fractionalized during tokenization, its liquidity increases. So instead of selling the entire property at once, owners of tokenized sections can sell their tokens fast, resulting in a swift change of ownership.
Additionally, due to blockchain technology, the market remains open 24&#215;7 and with comparatively higher levels of transparency.
It's really the question of convenience because the asset becomes liquid, it becomes tradable 24/7, and a global pool of investors have access to it." Max Dilendorf, a New York-based digital assets lawyer, told FT. 
According to Prophecy Market Insights, the real estate tokenization market was valued at $3.8 billion in 2024 and is <a href="https://www.prophecymarketinsights.com/market_insight/Global-Real-Estate-Tokenization-Market-4857">expected </a>to reach $26 billion by 2034 with a compound annual growth rate (CAGR) of 2.90%.
Some of the biggest players in the industry as of this writing were Lofty, RealT, and HouseBit.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41308908/man-who-accidentally-threw-hard-drive-containing-8-000-bitcoins-worth-half-a-billion-dolla?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Man Who Accidentally Threw Hard Drive Containing 8,000 Bitcoins Worth Half A Billion Dollars In Landfill Sues Local City Council For Not Excavating The Site</a>
Why It Matters: The rise of property tokenization was part of a larger narrative of real-world asset (RWA) tokenization that has emerged as the hottest cryptocurrency trend this year. 
The world&#8217;s largest asset manager, BlackRock entered the sector with the introduction of its <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39863203/blackrocks-buidl-tokenization-fund-hits-500m-in-assets-under-management">tokenized U.S. Treasury product</a>, BUIDL, built atop Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), earlier this year. The fund <a href="https://app.rwa.xyz/assets/BUIDL">boasted</a> of a market valuation of over $550 million as of this writing, according to Rwa.xyz, a platform that tracks the tokenized asset market.
Anthony Moro, CEO of Provenance Blockchain Labs and a known industry expert, <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41330879/tokenization-on-track-to-reach-trillion-dollar-market-by-2030-says-industry-expert">predicted tokenization to become a trillion-dollar market by 2030.</a>
Image generated with DALL_E 3
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</ul>

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