Goldman Sachs

GS

Market cap $267B

Sources close to Sobelman, an alum of Colgate University and Brooklyn Law School, said he is to join the David Solomon-led lender "imminently."

Goldman Sachs is restructuring its influential technology, media, and telecom (TMT) investment banking group with an eye toward infrastructure deals and artificial intelligence, creating two new teams with new leaders, according to the internal memo seen by Reuters.

Goldman expects 2025's record M&A surge to extend into 2026, with a strong deal pipeline, and rising advisory and underwriting fees lifting IB momentum.

The Goldman Sachs Group GS shares have been performing remarkably well of late. At present, the stock is trading near its 52-week high of $919.10 hit during Thursday's trading session.

Goldman Sachs Asset Management is making a big bet on defined outcome exchange-traded funds — which use options to help protect against market losses.

Some stocks may split so they can be included in the Dow Jones Average. It has been many years since some companies have split their stocks.

Goldman Sachs (GS) closed at $911.03 in the latest trading session, marking a +2.45% move from the prior day.

JPMorgan Chase has navigated numerous economic environments and is the largest bank in the U.S. today. Goldman Sachs is expected to benefit from a rebound in capital markets, which have seen an increase in initial public offerings and mergers and acquisitions recently.

Harness is raising $200 million in a round led by Goldman Sachs, and is planning a $40 million tender offer to cash out longtime employees. The software delivery startup co-founded by Jyoti Bansal now brings in more revenue than AppDynamics at the time he sold the company to Cisco for $3.7 billion in 2017.

Now valued at $5.5 billion, Harness will use the new capital to advance Harness AI and accelerate platform expansion and global GTM momentum. SAN FRANCISCO , Dec. 11, 2025 /PRNewswire/ -- Harness, the AI Software Delivery Platform company, today announced a $240 million Series E financing round.