StockNews.AI
GS
Investopedia
7 days

Another Big-Time Executive Is Hearing It From Trump. This Time It's Goldman's CEO.

1. Trump criticized David Solomon for Goldman's wrong market predictions. 2. Goldman noted tariffs could significantly raise inflation later this year. 3. Trump suggested Solomon should focus on his DJ career, not finance. 4. Goldman's stock rose almost 4% amidst broader market gains.

4m saved
Insight
Article

FAQ

Why Neutral?

While Trump’s comments could create volatility, GS has seen a price rise recently. Public tirades from political figures have historically not led to sustained impact on stock prices.

How important is it?

Trump's remarks can affect public sentiment on GS, but the firm’s fundamentals remain strong.

Why Short Term?

Trump’s comments may lead to short-term fluctuations but lack long-term detrimental effects on GS.

Related Companies

Related News