Stock Market News·2025-10-14 11:38Financial Performance - Goldman Sachs reported adjusted EPS of $12.25 for Q3 2025, exceeding the analyst estimate of $11.00, with net revenue of $15.18 billion, surpassing the estimated $14.10 billion [2][10] - The firm's provision for credit losses was lower than expected at $339 million, compared to an estimate of $369 million [2] - Albertsons reported adjusted EPS of $0.44 for Q2 2025, outperforming the estimated $0.40, with revenue reaching $18.915 billion against an estimate of $18.886 billion [4][10] - Goldman Sachs declared a dividend of $4 per share and achieved a return on equity (ROE) of 14.2% with net income of $4.1 billion [3] Market Developments - The write-off of Credit Suisse's Additional Tier 1 (AT1) capital instruments was revoked, providing clarity and potential relief for impacted bondholders [6][10] - Deutsche Bank and Morgan Stanley raised their target prices for Broadcom Inc., indicating positive sentiment for the semiconductor company [8] Geopolitical Events - China imposed sanctions on South Korean shipbuilder Hanwha Ocean, escalating trade tensions and prohibiting Chinese entities from engaging with Hanwha's U.S.-linked units [5][10] - Chinese Premier Li Qiang emphasized the need for a resilient economy, urging the full utilization of policy resources and counter-cyclical adjustments to stabilize economic growth [7][10]