Goldman Breaks Own Rule to Discuss Results

Goldman Breaks Own Rule to Discuss Results

Assessment

Interactive Video

Business

University

Hard

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Goldman Sachs is breaking its tradition of not providing pre-earnings guidance, hinting at a challenging quarter under CEO David Solomon. Analysts have significantly reduced profit estimates, expecting a major decline. The bank faces strategic challenges, including a slowdown in investment banking and internal conflicts. Despite these issues, recent stock performance suggests their strategy might be effective.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How has Goldman's stock performed on earnings days in the past, and what is the firm's goal for the upcoming report?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What internal issues are being scrutinized at Goldman Sachs, particularly concerning its CEO?

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