Stock Track | Goldman Sachs Plummets 5.05% Amid Concerns Over Rising Costs and Regulatory Uncertainties

Stock Track12-19

Goldman Sachs (GS) stock plummeted 5.05% during intraday trading on Wednesday, December 18, 2024, as investors reacted to concerns over rising operating costs and potential regulatory challenges facing the investment banking giant.

According to a report from Zacks Investment Research, Goldman Sachs and its rival Morgan Stanley are facing headwinds that could hinder their short-term growth prospects. These include rising operating costs and regulatory changes that could create uncertainties for both companies.

The report highlighted that Goldman Sachs' operating expenses witnessed a three-year (2020-2023) compound annual growth rate (CAGR) of 6%, while Morgan Stanley's total expenses recorded a CAGR of 7.6% during the same period. The ongoing investments in technology and market development for business expansion are expected to keep costs elevated for both firms.

Additionally, being geographically diversified and highly dependent on overseas revenues, risks stemming from the regulatory and political environment, foreign exchange fluctuations, and the performance of regional economies may also hurt Goldman Sachs' top line, according to the report.

Despite these near-term challenges, the report noted that Goldman Sachs and Morgan Stanley maintain strong long-term growth potential. However, these factors suggest caution for those considering new investments in the stocks at the moment.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1109604929?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-19 04:46","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1109604929","market":"us","top_or_hot":-1,"title":"Stock Track | Goldman Sachs Plummets 5.05% Amid Concerns Over Rising Costs and Regulatory Uncertainties","media":"Stock Track","content":"<p>Goldman Sachs (GS) stock plummeted 5.05% during intraday trading on Wednesday, December 18, 2024, as investors reacted to concerns over rising operating costs and potential regulatory challenges facing the investment banking giant.</p>\n\n<p>According to a report from Zacks Investment Research, Goldman Sachs and its rival Morgan Stanley are facing headwinds that could hinder their short-term growth prospects. These include rising operating costs and regulatory changes that could create uncertainties for both companies.</p>\n\n<p>The report highlighted that Goldman Sachs' operating expenses witnessed a three-year (2020-2023) compound annual growth rate (CAGR) of 6%, while Morgan Stanley's total expenses recorded a CAGR of 7.6% during the same period. The ongoing investments in technology and market development for business expansion are expected to keep costs elevated for both firms.</p>\n\n<p>Additionally, being geographically diversified and highly dependent on overseas revenues, risks stemming from the regulatory and political environment, foreign exchange fluctuations, and the performance of regional economies may also hurt Goldman Sachs' top line, according to the report.</p>\n\n<p>Despite these near-term challenges, the report noted that Goldman Sachs and Morgan Stanley maintain strong long-term growth potential. However, these factors suggest caution for those considering new investments in the stocks at the moment.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Goldman Sachs Plummets 5.05% Amid Concerns Over Rising Costs and Regulatory Uncertainties</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Goldman Sachs Plummets 5.05% Amid Concerns Over Rising Costs and Regulatory Uncertainties\n</h2>\n\n<h4 class=\"meta\">\n\n2024-12-19 04:46 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goldman Sachs (GS) stock plummeted 5.05% during intraday trading on Wednesday, December 18, 2024, as investors reacted to concerns over rising operating costs and potential regulatory challenges ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GS","symbol_name":"高盛","start_time":0,"source_url":"","article_id":"1109604929","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1109604929","pubTimestamp":1734554801,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Goldman Sachs  stock plummeted 5.05% during intraday trading on Wednesday, December 18, 2024, as investors reacted to concerns over rising operating costs and potential regulatory challenges facing the investment banking giant.According to a report from Zacks Investment Research, Goldman Sachs and its rival Morgan Stanley are facing headwinds that could hinder their short-term growth prospects. These include rising operating costs and regulatory changes that could create uncertainties for both c","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GS":"高盛"},"translate_title":"由于对成本上升和监管不确定性的担忧，高盛股价暴跌5.05%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GS":1},"content_text":"Goldman Sachs (GS) stock plummeted 5.05% during intraday trading on Wednesday, December 18, 2024, as investors reacted to concerns over rising operating costs and potential regulatory challenges facing the investment banking giant.\nAccording to a report from Zacks Investment Research, Goldman Sachs and its rival Morgan Stanley are facing headwinds that could hinder their short-term growth prospects. These include rising operating costs and regulatory changes that could create uncertainties for both companies.\nThe report highlighted that Goldman Sachs' operating expenses witnessed a three-year (2020-2023) compound annual growth rate (CAGR) of 6%, while Morgan Stanley's total expenses recorded a CAGR of 7.6% during the same period. The ongoing investments in technology and market development for business expansion are expected to keep costs elevated for both firms.\nAdditionally, being geographically diversified and highly dependent on overseas revenues, risks stemming from the regulatory and political environment, foreign exchange fluctuations, and the performance of regional economies may also hurt Goldman Sachs' top line, according to the report.\nDespite these near-term challenges, the report noted that Goldman Sachs and Morgan Stanley maintain strong long-term growth potential. However, these factors suggest caution for those considering new investments in the stocks at the moment.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1109604929"}