The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Goldman Sachs reported strong Q2 earnings driven by the AI investment cycle, featuring a 39.5% revenue increase and a 92% surge in EPS. In response to these results, analysts raised price targets for GS stock as the bank increased dividends by 11.1% and executed $4 billion in share buybacks. While the Platform Solutions segment faced headwinds from Apple Card loan markdowns, the bank also adjusted price targets for other entities like Regeneron Pharmaceuticals following the broader market performance.