Goldman Sachs CEO says IPO market softer in September
CNBC reported that Goldman Sachs’ CEO said the IPO market was 'a little bit softer in September' while covering third-quarter results from four of the largest U.S. banks that reported earnings Tuesday.
What happened
CNBC reported Oct 13 that Goldman Sachs’ chief executive said the IPO market was 'a little bit softer in September'.
The report, by CNBC’s Leslie Picker, covered third-quarter results from four of the largest U.S. banks. CNBC said those four banks reported earnings Tuesday, and the item centered on their quarterly reports and the CEO comment on IPO activity.
Stocks market context
As of Oct 13, 17:46 UTC, the SPY ETF was $777.46, the QQQ ETF was $742.35, Microsoft was $546.75, Meta Platforms was $763.13 and NVIDIA was $227.14; all moves are from the prior close. SPY ETF fell 0.08%, QQQ ETF fell 0.49%, Microsoft rose 1.03%, Meta Platforms rose 2.71% and NVIDIA rose 0.36% from the prior close.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| S&P 500 (via SPY ETF) | $777.46 | -0.08% | vs prior close | Oct 13, 17:45 UTC | Finnhub |
| Nasdaq 100 (via QQQ ETF) | $742.35 | -0.49% | vs prior close | Oct 13, 17:46 UTC | Finnhub |
| NVIDIA | $227.14 | +0.36% | vs prior close | Oct 13, 17:46 UTC | Finnhub |
| Apple | $342.99 | +0.59% | vs prior close | Oct 13, 17:46 UTC | Finnhub |
| Microsoft | $546.75 | +1.03% | vs prior close | Oct 13, 17:46 UTC | Finnhub |
| Amazon | $259.92 | +0.15% | vs prior close | Oct 13, 17:45 UTC | Finnhub |
| Alphabet | $354.64 | +0.54% | vs prior close | Oct 13, 17:46 UTC | Finnhub |
| Meta Platforms | $763.13 | +2.71% | vs prior close | Oct 13, 17:45 UTC | Finnhub |
| Tesla | $375.08 | -0.78% | vs prior close | Oct 13, 17:46 UTC | Finnhub |
| JPMorgan Chase | $334.00 | -0.09% | vs prior close | Oct 13, 17:45 UTC | Finnhub |
Related coverage
Yahoo ran a preview titled "What Wall Street Expects Goldman Sachs and Other Banks to Report" outlining the wave of third-quarter bank results. Yahoo also published "JPMorgan, Goldman Sachs, Citigroup, Wells Fargo Kick Off Bank Earnings. It's A Mixed Bag." and a market note titled "Goldman Sachs Rises on Equities-Led Earnings Beat; JPMorgan Chase Treads Water, Wells Fargo Declines 3%."
- Goldman Sachs CEO says IPO market was 'a little bit softer in September' — CNBC, Oct 13, 11:16 UTC
- What Wall Street Expects Goldman Sachs and Other Banks to Report — Yahoo, Oct 13, 08:12 UTC
- JPMorgan, Goldman Sachs, Citigroup, Wells Fargo Kick Off Bank Earnings. It's A Mixed Bag. — Yahoo, Oct 13, 13:43 UTC
- Update: Market Chatter: JPMorgan, Goldman Limit Exposure on $5 Billion Loan Sale for AI Startup Volta — Yahoo, Oct 13, 15:30 UTC (also reported by livemint.com)
- Goldman Sachs Rises on Equities-Led Earnings Beat; JPMorgan Chase Treads Water, Wells Fargo Declines 3% — Yahoo, Oct 13, 14:07 UTC
What to watch
MS Q3 2026 earnings is scheduled Wed Oct 14 (before the open) with an EPS estimate of 3.17. BLK Q3 2026 earnings is scheduled Wed Oct 14 (before the open) with an EPS estimate of 14.40. STT Q3 2026 earnings is scheduled Wed Oct 14 (before the open) with an EPS estimate of 3.68.
- Wed Oct 14 (before the open) — BAC Q3 2026 earnings · EPS estimate 1.16
- Wed Oct 14 (before the open) — MS Q3 2026 earnings · EPS estimate 3.17
- Wed Oct 14 (before the open) — BLK Q3 2026 earnings · EPS estimate 14.40
- Thu Oct 15 (before the open) — USB Q3 2026 earnings · EPS estimate 1.33
- Thu Oct 15 (before the open) — SCHW Q3 2026 earnings · EPS estimate 1.70
- Thu Oct 15 (before the open) — MRSH Q3 2026 earnings · EPS estimate 2.01
Sources and data
- CNBC (secondary source) — Goldman Sachs CEO says IPO market was 'a little bit softer in September'
- Yahoo (secondary source) — What Wall Street Expects Goldman Sachs and Other Banks to Report
- Finnhub (market data) — market data
Market data as of Oct 13, 17:46 UTC; report generated Oct 13, 17:50 UTC. All times are UTC. Each table row shows its own timestamp and provider.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.
Terms in this article
Initial public offering (IPO)
The first sale of a company's shares to the public, after which they trade on an exchange.
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
S&P 500
A float-adjusted, market-cap-weighted index of about 500 leading US companies selected by a committee at S&P Dow Jones Indices.
Earnings per share (EPS)
A company's net profit attributable to ordinary shareholders divided by its average number of shares.
Sources & data
- CNBC (secondary, retrieved Oct 13, 2026, 05:51 PM UTC)
- Yahoo (secondary, retrieved Oct 13, 2026, 05:51 PM UTC)
- Finnhub (market-data, retrieved Oct 13, 2026, 05:51 PM UTC)
Market data as of Oct 13, 2026, 05:46 PM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
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