Goldman Sachs CEO David Solomon warns of pain forward for commercial real estate

Vital Points

Goldman Sachs CEO David Solomon instructed CNBC’s Sara Eisen the New York-centered agency will submit impairments on loans and equity investments tied to commercial true estate in the 2nd quarter.
“You can find no concern that the serious estate market place, and in certain business real estate, has come below strain,” Solomon mentioned in the job interview on CNBC’s “Squawk on the Street.”
On major of Goldman’s lending routines, it also took immediate stakes in authentic estate that will also confront markdowns, Solomon explained.

Supply

Finance

Investors may want to consider boosting their exposure abroad — even with U.S. stocks around record highs

October 4, 2025

ETF Edge Investors may want to consider boosting their exposure abroad — even with U.S. stocks around record highs Published Sat, Oct 4 202511:00 AM EDT Blair Bao WATCH LIVE Source

Finance

From data to culture: How international brands are trying to crack the code on the fickle Chinese consumer

October 4, 2025

Key Points The allure of the world’s second-largest consumer market is forcing Western companies to adapt in the face of growing competition from Chinese brands. In the last two years, adapting to the local social media ecosystem of Xiaohongshu and Douyin has become a path to quick success, according to Stephy Liu, founder of a […]

Finance

Stocks making the biggest moves midday: Wynn Resorts, Red Cat, SanDisk, Palantir & more

October 3, 2025

Check out the companies making the biggest moves midday: Peabody Energy — The coal company jumped 9%. Peabody began arbitration proceedings with Anglo American over the canceled purchase of steelmaking coat assets belonging to the Anglo. SanDisk — The maker of solid state drives jumped 10%, adding to its massive gains. Over the past six […]