Goldman Sachs Group Inc Stock Price, News & Analysis

Goldman Sachs has recognized Dan Michaeli, CEO and Co-Founder of Glia, as one of the Most Exceptional Entrepreneurs of 2022 during its Builders and Innovators Summit in Healdsburg, California. This honor reflects Michaeli's leadership in transforming customer support through Glia's Digital Customer Service (DCS) platform, which has been adopted by over 300 financial institutions globally. Goldman Sachs Chairman David M. Solomon commended Michaeli for his significant contributions across various fields. Glia has raised over $150 million from investors, continues to gain industry recognition, and has a high employee satisfaction rating.

Eagle Global, a women and minority-owned gaming provider based in Georgia, announced it has more than doubled its business size and customer base in the past six months through mergers and organic growth. The company expanded its executive team with the appointment of Michael Shanahan as COO & CFO, bringing 15 years of financial leadership experience. Eagle's focus on compliance and customer service has helped attract partners and customers, while Goldman Sachs Asset Management continues to support Eagle's growth strategy in the COAM market.

Goldman Sachs BDC, Inc. (GSBD) announced it will release its third-quarter financial results for the period ending September 30, 2022, after market close on November 3, 2022. An earnings conference call is scheduled for November 4, 2022, at 9:00 AM ET, where participants can join via telephone or audio webcast. GS BDC is regulated as a business development company and focuses on investing in middle-market companies in the U.S. It is managed by Goldman Sachs Asset Management and primarily targets secured and unsecured debt as well as select equity investments.

Goldman Sachs launched the Sonar Dark X algorithm on its Atlas equities trading platform, aimed at enhancing non-displayed liquidity capture while minimizing price impacts. Leveraging a liquidity scoring framework, the algorithm helps clients navigate fragmented market venues. It features configurable logic for order execution parameters and will first operate in the U.S., with a roll-out in EMEA later this year. The introduction of this algorithm reflects Goldman Sachs' commitment to innovation in an increasingly complex global market structure.

Data Horizon Americas (DHA) has received backing from Global Compute Infrastructure and Southern Cross Group to drive its operations in Latin America. This partnership leverages their extensive experience in datacenter development. DHA's first datacenter campus in Bogota, Colombia, spans over 50,000 m2 and aims to provide 55 MW of power to meet growing demands. Set to deliver initial capacity in 1H24, the site will cater to global hyperscale deployments. With this collaboration, DHA plans to expand its footprint across Latin America, tapping into a rising market for such technologies.