Stock Market Today, Oct. 16: Tech Stocks Plunge as AI Software Valuations Reverse
AI-focused software shed $260 billion in value as Goldman Sachs raised alarms about debt financing, triggering sharp momentum reversal, today, Oct. 16, 2026.
GS - The Goldman Sachs Group, Inc.
Price:
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$1,156.75
DETAILS
HIGH:
$1,325.00
LOW:
$995.00
MEDIAN:
$1,147.50
CONSENSUS:
$1,156.75
UPSIDE:
29.78%
Stock News
He Lives Paycheck to Paycheck on $300,000, but a $4,152 Social Security Check Would Replace Less Than 17% of His Pay
A Goldman Sachs survey found that more than a third of people earning over $300,000 still run out of money before the next paycheck, and for one of them, the gap between his working life and retirement has never actually been calculated.
Goldman Sachs: 3 Key Takeaways for Long-Term Investors
Goldman Sachs generated third-quarter net revenues of $18.7 billion. Financing activities represented over 40% of trading revenues year-to-date.
6 Blue Chip Stocks Trading Well Below Their Highs
Some look like bargains, but others could be value traps.
Why Great Earnings Are Being Punished Right Now
ASML and Goldman Sachs just delivered blowout quarters and their stocks got punished anyway. Something in the market has shifted, and it has nothing to do with how these companies are actually performing.
Big Banks Report Strong Earnings—So Why Are Shares Falling?
It's earnings season in the finance sector, and many banks are reporting earnings for the first time since the Federal Reserve's first interest rate hike since 2023. The hike was unanimous at 12-0, but the next move is anything but certain as we head into Q4.
The Goldman Sachs Group, Inc. $GS Shares Purchased by First Citizens Bank & Trust Co.
First Citizens Bank and Trust Co. lifted its stake in shares of The Goldman Sachs Group, Inc. (NYSE: GS) by 76.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,976 shares of the investment management company's stock after
Q3 2026 Earnings Preview: Tech Dominance, Big Banks, And Rate Headwinds
S&P 500® and Nasdaq hit fresh all-time highs, but market breadth remains exceptionally thin. Tech is the only sector at record levels. Initial Q3 results show robust strength, headlined by Micron's YoY EPS surge, yet sell-side estimate cuts recently outnumbered raises for the first time in months. Reports from major banks (JPM, WFC, C, GS, MS, BAC) will serve as a crucial real-time check on net interest income, loan demand, and overall consumer credit health.
Deep Fission Honored by Goldman Sachs for Entrepreneurship
BERKELEY, Calif.--(BUSINESS WIRE)--Today, Goldman Sachs (NYSE: GS) is recognizing Deep Fission, Inc. (Nasdaq: FISN) (“Deep Fission” or the “Company”) Co-Founder and CEO Liz Muller as one of the Most Exceptional Entrepreneurs of 2026 at its Builders and Innovators Summit in Healdsburg, California. Goldman Sachs selected Liz Muller from entrepreneurs across multiple industries to be honored at the two-day event. As Co-Founder and CEO of Deep Fission, Liz leads the development and commercializatio.
UPSIDE Foods Honored by Goldman Sachs for Entrepreneurship
Uma Valeti, UPSIDE CEO, Among the Most Exceptional Entrepreneurs at 2026 Builders and Innovators Summit EMERYVILLE, Calif., Oct. 14, 2026 /PRNewswire/ -- Today, Goldman Sachs (NYSE:GS) is recognizing UPSIDE Foods CEO Uma Valeti, M.D.
Goldman Sachs CEO Solomon on earnings: We have a big, durable, diverse business
CNBC's Kate Rooney and David Solomon, Goldman Sachs Chairman and CEO, join 'The Exchange' to discuss earnings going forward, M&A activity, and more.
Why Is Goldman Sachs Stock Falling Wednesday?
Goldman Sachs Group, Inc. (NYSE:GS) stock fell Wednesday despite strong third-quarter 2026 results, as hotter-than-expected inflation triggered a broader market selloff and renewed concerns about further interest rate hikes.
These Analysts Lower Their Forecasts On Goldman Sachs After Q3 Results
The Goldman Sachs Group, Inc (NYSE:GS) on Tuesday reported upbeat earnings for the third quarter.
Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
Citigroup TodayCCitigroup$123.31 -1.22 (-0.98%) As of 12:46 PM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$95.00▼$147.96Dividend Yield2.17%P/E Ratio13.34Price Target$150.79Add to WatchlistCiti Inc. NYSE: C reported its Q3 numbers Tuesday, Oct. 13, and even though the banking giant did almost everything investors could have asked of it last quarter, the market sold the stock anyway.
Should You Buy, Hold or Sell Goldman Stock Post Impressive Q3 Results?
GS' Q3 earnings rise 39% y/y as trading and investment banking fuel growth. Discover whether investors should hold GS or wait for a better entry point.
Treasury says largest U.S. banks let politics influence who received banking services
The Treasury Department's Office of the Comptroller of the Currency found the nine largest national banks used reputation-risk policies that could let political and social considerations shape banking decisions. The review examined nearly 100,000 complaints and about 420,000 pages of documents.
Jim Cramer reveals his favourite post-earnings bank stocks
Influential investor Jim Cramer is sticking with Goldman Sachs (GS) and Wells Fargo (WFC) after their Q3 earnings prompted contrasting reactions on Wall Street. In the most recent Investing Club morning meeting, he identified GS as his “favourite bank stock”, and maintained that WFC remains worth buying despite its mixed quarterly earnings.
GS Q3 Earnings Call Highlights Financing Growth and AI Risks
Goldman Sachs' Q3 earnings beat estimates as financing and wealth revenues surged, but rising AI infrastructure costs and interest rates pose risks.
Gil Mandelzis, CEO & Founder of Capitolis, Honored by Goldman Sachs for Entrepreneurship
NEW YORK, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Today, Goldman Sachs (NYSE:GS) is recognizing Gil Mandelzis as one of the Most Exceptional Entrepreneurs of 2026 at its Builders and Innovators Summit in Healdsburg, California.
Breakfast News: AI Can’t Get Chips Fast Enough
ASML beats expectations again, bank reporting season underway, and more…
Price Targets
Goldman Sachs Q3 demonstrated strong activity in investment banking, says Argus
$1280.00
(was $885.90)
Stephen Biggar
·
Goldman Sachs
Goldman Sachs price target lowered to $1,010 from $1,220 at RBC Capital
$1010.00
(was $891.91)
RBC Capital
Goldman Sachs initiated with a Buy at TD Cowen
$1050.00
(was $887.21)
Loop Capital Markets
Goldman Sachs price target lowered to $970 from $972 at BMO Capital
$970.00
(was $904.21)
Goldman Sachs
Goldman Sachs price target lowered to $1,000 from $1,210 at Evercore ISI
$1000.00
(was $900.36)
Goldman Sachs
Goldman Sachs price target raised to $1,150 from $1,120 at UBS
$1150.00
(was $1017.74)
UBS
Goldman Sachs upgraded to Hold from Reduce at HSBC
$995.00
(was $1055.03)
Saul Martinez
·
HSBC
Goldman Sachs price target raised to $1,300 from $1,150 at BofA
$1300.00
(was $1152.07)
Goldman Sachs
Goldman Sachs price target raised to $1,200 from $1,100 at Citi
$1200.00
(was $1152.07)
Goldman Sachs
Goldman Sachs price target raised to $1,190 from $1,070 at BMO Capital
$1190.00
(was $1138.15)
Goldman Sachs
Goldman Sachs price target raised to $955 from $900 at JPMorgan
$955.00
(was $1140.00)
Goldman Sachs
Goldman Sachs price target raised to $1,145 from $1,099 at Morgan Stanley
$1145.00
(was $1140.00)
Manan Gosalia
·
Morgan Stanley
Goldman Sachs price target raised to $1,245 from $1,048 at Barclays
$1245.00
(was $1140.00)
Jason Goldberg
·
Goldman Sachs
Goldman Sachs price target raised to $1,325 from $1,195 at Wells Fargo
$1325.00
(was $1140.00)
Mike Mayo
·
Wells Fargo
Goldman Sachs price target raised to $1,130 from $1,050 at Keefe Bruyette
$1130.00
(was $1140.00)
Goldman Sachs
Goldman Sachs (GS) PT Raised to $1,299 at JefferiesMember Login
$1299.00
(was $1140.00)
Jefferies
Goldman Sachs price target raised to $1,150 from $1,050 at BofA
$1150.00
(was $1042.14)
Goldman Sachs
Goldman Sachs price target raised to $1,120 from $940 at UBS
$1120.00
(was $1048.92)
UBS
Goldman Sachs price target raised to $1,075 from $950 at Evercore ISI
$1075.00
(was $1048.80)
Goldman Sachs
Goldman Sachs price target raised to $1,100 from $930 at Citi
$1100.00
(was $1106.37)
Goldman Sachs