Goldman Sachs CEO: Macro environment started to weigh on sentiment volatility
Speakers
Carl Quintanilla
— Anchor, CNBC
David Solomon
— Chairman and CEO of Goldman Sachs
Summary
The video discusses Goldman Sachs' first-quarter earnings call, with CEO David Solomon highlighting how macro factors are weighing on market sentiment and increasing volatility. Hosts analyze the earnings performance and credit provisions, with one expressing a bullish view on Goldman Sachs stock.
- Goldman Sachs CEO David Solomon comments on macro environment impacting sentiment.
- Volatility rose due to AI disruption, software sector concerns, and Middle East conflict.
- Hosts review Goldman's Q1 earnings and mild credit provisions.
- One host believes Goldman's quarter was good and the stock may be undervalued.
- Discussion on high earnings estimates and stock price reaction.
- Emphasis on the importance of diversified financial franchises in volatile markets.
Trade Ideas
Goldman Sachs quarter good, stock undervalued.
The host believes Goldman Sachs had a good quarter despite elevated estimates, and the stock's laggard performance on the S&P may not reflect the positive results, suggesting potential undervaluation.
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This CNBC video, published April 13, 2026, features Carl Quintanilla discussing GS. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Carl Quintanilla · Tickers: GS