According to Factset, the fourth-quarter earnings season has had a weak start, with the percentage of S&P 500 companies reporting positive earnings surprises below average.
The company might market approximately 100 million shares within a range of $16 to $18 each. The terms of this potential offering could be announced in the coming days.
Solomon joined CNBC's "Squawk Box" Wednesday and echoed Federal Reserve Chairman Jerome Powell's guidance that the Fed will make future rate decisions based on the trend of inflation and and other economic data.
BMO Capital Markets analyst James Fotheringham maintains a Market Perform rating on Goldman Sachs, highlighting strong Q4 results and raising the price target to $360.
Goldman Sachs Group is actively recruiting for its asset and wealth management divisions, aiming to fortify these sectors after a successful 23% revenue surge in Q4, exceeding expectations. The move follows a period of restraint during which the bank cut 6.5% of its workforce.
Tech analyst Mark Gurman humorously predicts a significant financial impact on Goldman Sachs if Apple Card users choose installment plans for the new Apple Vision Pro headset.