Goldman Sachs Warns of Potential Iran Conflict Impact Despite Strong Q1 Earnings
Goldman Sachs reported strong Q1 earnings, with EPS of $17.55, surpassing analyst estimates. However, CEO David Solomon warned that the ongoing conflict in Iran could lead to increased U.S. inflation and economic uncertainty. The war has already disrupted oil trade and driven up energy prices.
Tickers: $GS
Topics: Earnings Geopolitical risk Goldman Sachs Inflation Iran conflict