New York, Feb 10, 2026, 17:13 EST — Trading after hours
- After a volatile session, GS shares rose slightly in after-hours trading
- CEO David Solomon highlighted pressure from private equity to sell and return cash
- U.S. jobs and inflation figures set for release later this week are drawing investor attention
Goldman Sachs (GS) shares climbed roughly 0.5% to about $949 in after-hours trading Tuesday, following a day of volatility where prices ranged from $929.93 up to $961.70 during regular hours.
The stock’s steady demand is key since investors want evidence that dealmaking is picking up—not just in headlines but in actual fee pools. For Goldman, investment banking and markets revenue track deal flow and trading activity more closely than straightforward lending.
At the UBS Financial Services Conference, CEO David Solomon noted that financial sponsors—private equity firms—are under pressure to return cash before raising new funds, and deal activity is starting to heat up. “I think we’re reaching a point where it’s accelerating,” he said. Solomon also expects strategic M&A to outpace the past five years. Meanwhile, JPMorgan’s Troy Rohrbaugh highlighted a robust IPO pipeline, even without the SPAC surge that drove 2020-21 listings. (Reuters)
Goldman’s analysts cautioned that a volatile market could still derail the momentum, even as they predict U.S. IPO proceeds could soar fourfold to a record $160 billion by 2026, with roughly 120 listings expected. They pointed to potential blockbusters like SpaceX, OpenAI, and Anthropic as major influences on the pipeline. “Continued volatility in share prices and corporate confidence are the key macro risks,” the note warned. (Reuters)
U.S. energy producer Presidio Investment Holdings is teaming up with Goldman on a debt facility that could reach $1 billion, set to be bundled into an asset-backed securitization (ABS) backed by cash flows from current wells. “It’s a very powerful tool to help us execute on our strategy,” said Presidio CFO John Brawley. (Reuters)
Goldman wrapped up the regular session roughly 0.6% higher, outpacing several major banks as the S&P 500 slipped and the Dow notched another record close, per market data. Meanwhile, Morgan Stanley dropped about 2.5%, and Bank of America slid nearly 1.8%. (MarketWatch)
Treasury yields dropped following data revealing that U.S. retail sales remained unchanged in December, indicating a slowdown in goods spending after a robust period. “Signs of earlier consumer strength may be starting to falter,” noted Thomas Ryan, North America economist at Capital Economics. (Reuters)
Goldman sees lower yields as a double-edged sword: they bring down financing costs for buyouts and IPOs, yet risk dulling trading activity if markets turn sluggish. Traders will be keeping an eye on whether sponsor-backed exits actually hit the announced deal list, rather than just buzz at conferences.
On Wednesday, Feb. 11, the postponed January U.S. payrolls report will drop, followed by the January consumer price index on Friday, Feb. 13. These two releases could shake up rate-cut forecasts and, as a result, influence deal calculations. (Reuters)
