Welcome to our dedicated page for Goldman Sachs Group news (Ticker: GS), a resource for investors and traders seeking the latest updates and insights on Goldman Sachs Group stock.
The Goldman Sachs Group, Inc. (NYSE: GS) generates frequent news across investment banking, markets, asset management and alternative investments, making its news flow relevant for investors and market observers. Company disclosures via Form 8-K highlight quarterly and annual earnings, segment performance for Global Banking & Markets, Asset & Wealth Management and Platform Solutions, and updates on business segment changes and strategic decisions such as the planned transition of the Apple Card program to a new issuer.
News involving Goldman Sachs Asset Management and Goldman Sachs Alternatives illustrates the firm’s role as an investor in private markets. Recent announcements describe growth equity and alternatives-led investments in technology and AI-focused companies, insurance and cybersecurity platforms, customer engagement and software delivery businesses, as well as backing for battery energy storage developers and mixed-income real estate projects. These stories show how Goldman Sachs participates in financing across sectors such as enterprise software, energy infrastructure, real estate and financial technology.
Other news items reference the Urban Investment Group within Goldman Sachs Asset Management, which supports urban development and community-focused projects, and highlight distribution partnerships that expand access to private markets evergreen funds, including a Goldman Sachs real estate diversified income fund. Together, these updates provide insight into how Goldman Sachs deploys capital through its alternatives platform and asset management franchise.
On this GS news page, readers can follow earnings announcements, segment updates, capital markets transactions, alternative investment activity and partnerships involving Goldman Sachs. Regular visits can help track how developments in its core segments and in Goldman Sachs Alternatives relate to broader trends in investment banking, securities dealing, asset and wealth management and private markets investing.
Goldman Sachs (NYSE: GS) has recognized Michael D. Ratner, Founder and CEO of OBB Media, as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit. Ratner, who launched OBB Media in 2016, has led the company through significant growth, creating an audience of billions. OBB Media is a vertically integrated content studio with six subsidiaries, including a 15,000 sq. foot production facility in Hollywood.
Ratner has produced critically acclaimed content, including documentaries focusing on mental health awareness. He received a Grammy nomination for "Justin Bieber: Our World" and has worked on projects with Demi Lovato and Hailey Bieber. Recently, Ratner was awarded the Project Healthy Minds Storyteller of the Year Award for destigmatizing mental health in pop culture.
This marks the second consecutive year Ratner has been honored by Goldman Sachs. The Builders and Innovators Summit, now in its 13th year, brings together founders and CEOs of high-growth companies for general sessions and clinics led by experienced entrepreneurs and business leaders.
Goldman Sachs (NYSE: GS) has recognized Michael D. Ratner, Founder and CEO of OBB Media, as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit. This marks Ratner's second consecutive year on the list. OBB Media, founded in 2016, is a vertically integrated content studio that has experienced rapid growth, reaching billions of viewers.
Ratner oversees all six verticals of OBB Media, including OBB Studios, a 15,000 sq. foot production facility in Hollywood. He has created and produced numerous successful films and TV shows, receiving a Grammy nomination and fostering dialogue on mental health awareness. Recent projects include the Netflix film 'Mountain Queen' and partnerships with celebrities like Hailey Bieber.
The Goldman Sachs Builders and Innovators Summit, now in its 13th year, brings together founders and CEOs of high-growth companies for general sessions and clinics led by seasoned entrepreneurs, academics, and business leaders.
Goldman Sachs (NYSE: GS) has recognized Michael D. Ratner, Founder and CEO of OBB Media, as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California. This marks his second consecutive year receiving this honor. Ratner founded OBB Media in 2016, growing it into a vertically integrated content studio that has reached billions of viewers. His notable works include Grammy-nominated 'Justin Bieber: Our World' and mental health documentaries like 'Demi Lovato: Dancing with the Devil'. He also partnered with Hailey Bieber on rhode beauty brand and recently received the Project Healthy Minds Storyteller of the Year Award.
Goldman Sachs (NYSE:GS) has recognized Restaurant365 CEO and Co-Founder Tony Smith as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California. Smith's career focuses on using software to solve business issues in the restaurant industry. At Restaurant365, he has developed an integrated back-office restaurant management platform that unifies accounting, inventory, payroll, and HR.
Smith expressed honor at the recognition, crediting his team and partnerships with restaurant operators. David Solomon, Chairman and CEO of Goldman Sachs, praised Smith's impressive business growth. The Builders and Innovators Summit, now in its 13th year, is a gathering for Founders and CEOs of high-growth companies, featuring sessions led by seasoned entrepreneurs, academics, and business leaders.
Protect AI, a leading AI and machine learning security company, announced that Goldman Sachs (NYSE: GS) has recognized its CEO, Ian Swanson, as one of the Most Exceptional Entrepreneurs of 2024 at the Builders and Innovators Summit in Healdsburg, California. Swanson, co-founder of Protect AI, has led the company to rapid growth, establishing it as a pioneer in AI security for Fortune 500 companies and government agencies.
Under Swanson's leadership and with a team of leaders from Amazon and Oracle, Protect AI has expanded its product suite to offer end-to-end security for AI systems. The company focuses on securing AI-driven systems against emerging threats and vulnerabilities.
The Goldman Sachs Builders and Innovators Summit, now in its 13th year, is a prestigious gathering for founders and CEOs of high-growth companies. Previous honorees have gone on to lead multi-billion-dollar companies in both private and public markets.
Augusto Marietti, CEO and co-founder of Kong Inc., has been recognized by Goldman Sachs as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California. Marietti, an inventor, technology entrepreneur, and angel investor, leads Kong's vision, strategy, and long-term growth. He is the lead inventor on five U.S. patents and has invested in over 20 startups.
Marietti emphasized the importance of APIs in modern technological innovations, stating that Kong powers the API world. David Solomon, Chairman and CEO of Goldman Sachs, praised Marietti's impressive business growth. Kong technologies, including Kong Konnect, enable companies to securely adopt AI and become API-first, focusing on performance, security, governance, and cost efficiency.
GridStor has begun construction on its 220 MW, 440 MWh battery facility in Galveston County, Texas. The Hidden Lakes Reliability Project is expected to start operations in summer 2025. The project aims to stabilize the power grid and meet peak demand in the greater Houston area. Located near an existing TNMP substation, the 15-acre site is currently undergoing preparation and foundation work.
The project will provide significant economic benefits, including tens of millions of dollars in tax revenue and up to 100 full-time jobs during construction. Once operational, it will enhance the resilience of the Texas electric grid by participating in the ERCOT electricity market. GridStor, backed by Goldman Sachs Asset Management, focuses on developing battery facilities in regions experiencing high energy demand and grid instability.
Alterome Therapeutics announced that Goldman Sachs recognized Eric Murphy, Ph.D., CEO and co-founder of Alterome, as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit. Dr. Murphy has over 20 years of experience in small molecule oncology research and has contributed to multiple approved precision oncology drugs.
Alterome has advanced two lead programs from concept to clinic in less than 3 years, raising $231 million to support clinical testing of ALTA2618, the first AKT1 E17K selective inhibitor, and ALTA3263, a novel KRAS-specific inhibitor. The company focuses on developing next-generation, small molecule targeted therapies for cancer treatment.
Goldman's Builders and Innovators Summit, now in its 13th year, is a gathering for Founders and CEOs of high-growth companies, featuring sessions led by entrepreneurs, academics, and business leaders.
Jay Vijayan, Founder and CEO of Tekion, has been recognized by Goldman Sachs (NYSE:GS) as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit. This marks the third consecutive year Jay has received this honor. Tekion is revolutionizing the automotive retail sector with its cloud-native platform, which includes Automotive Retail Cloud (ARC), Automotive Enterprise Cloud (AEC), and Automotive Partner Cloud (APC).
Under Jay's leadership, Tekion has grown from a small tech startup to the preferred platform provider for major automotive retailers and manufacturers. The company's platform connects the entire automotive retail ecosystem, using cutting-edge technology, big data, machine learning, and AI to enhance customer experiences. Jay, with over 20 years of experience in technology leadership, previously held executive roles at Tesla, VMware, and Oracle.
Goldman Sachs (NYSE:GS) has recognized Jeremy Levine, CEO and Founder of Underdog Fantasy, as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit. This marks Levine's second consecutive year receiving this honor. Under Levine's leadership, Underdog Fantasy has rapidly become one of the fastest-growing sports gaming and media companies in the U.S., climbing to fourth in U.S. downloads in sports gaming this NFL season.
Underdog has also developed one of the most-watched media content networks in the industry. The company's success is attributed to its innovative approach to creating new games for sports fans. The Goldman Sachs Builders and Innovators Summit, now in its 13th year, brings together founders and CEOs of high-growth companies for general sessions and clinics led by experienced entrepreneurs, academics, and business leaders.