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Business Insider
34 days

Goldman's CEO is finding his groove after years of challenges. Here are 4 reasons David Solomon is optimistic.

1. Goldman Sachs posted strong Q2 results, with M&A advisory revenue up 71%. 2. CEO David Solomon is optimistic about dealmaking and AI efficiency tools. 3. The bank's stock dividend increased 400% since 2018, with a 33% hike recently. 4. Goldman benefits from current market uncertainty, achieving record trading results. 5. Regulatory confidence from CEOs is boosting firm's dealmaking prospects.

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FAQ

Why Bullish?

Goldman's strong revenue and growth in M&A advisory signal a rebound in dealmaking. Historically, periods of increased advisory revenue correlate with stock price growth for GS.

How important is it?

The significant increase in both M&A revenue and stock dividends indicates strong operational health and investor confidence, important for stock performance.

Why Short Term?

The immediate market reaction to strong quarterly results often impacts stock prices quickly, as seen after previous earnings days.

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