Goldman Sachs is a global investment banking, securities, and asset management firm headquartered in New York City.
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Tech companies helped drive a broad market sell-off as investors grew nervous about high AI valuations and the chance of a pullback.
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Wall Street is split on whether the huge wave of AI spending is a bubble, with Joseph Briggs of Goldman Sachs saying the investment still makes sense while some investors worry stock prices are overheating.
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Goldman Sachs is rolling out an AI assistant for employees, with plans to make it smarter and more like a seasoned worker over time.
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Wall Street banks had a strong quarter, and JPMorgan Chase, Goldman Sachs, and Morgan Stanley say deal-making could get even better this year.
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