Goldman Sachs (GS): FY25 Q3 earnings call, Oct 14, 2025

On its Oct 14, 2025 earnings call (FY25 Q3), Goldman Sachs said 3 of the 12 words Kalshi listed; Parrot’s count agreed with all 12 settlements. Quotes below are at most 25 words each, with timed clips.

Updated

Markets

12 words · 3 settled yes · our count agreed on 12 of 12

backtest The probabilities on settled rows are a walk-forward backtest: the model as of before each event, computed after Parrot went live; they were not published at the time.

Listed words: result, our count under the market rule, the count over every speaker, whether they agree, and the probability (a walk-forward backtest on settled rows)
WordResultOur countAll speakersAgreesProbabilityClipMarket
M&A Yes88✓90%transcripts from the transcript modelHear it 1:18, M&A–
Uncertainty Yes11✓89%transcripts from the transcript modelHear it 3:04, Uncertainty–
Charge Off / Charge-Off Yes11✓71%transcripts from the transcript modelHear it 14:04, Charge Off / Charge-Off–
Trading No01✓76%transcripts from the transcript model–
Buyback No00✓59%transcripts from the transcript model–
Regulation No01✓48%transcripts from the transcript model–
Europe No00✓42%transcripts from the transcript model–
Marcus No00✓42%transcripts from the transcript model–
Inflation No00✓36%transcripts from the transcript model–
Tariff No00✓33%transcripts from the transcript model–
Recession No00✓29%transcripts from the transcript model–
Layoff No00✓16%transcripts from the transcript model–

Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 20, 2026 15:46 UTC.

Transcript

quotes of at most 25 words

Speaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.

6 matches for “Volatility”; 5 quoted, at least 25 words apart.

David Solomoncompanyprepared · 3:07Hear it 3:01, David Solomon

…our conversations in boardrooms that after a period of heightened uncertainty and volatility early in the year, many of our clients have navigated and adapted…

David Solomoncompanyqa · 46:06Hear it 46:01, David Solomon

…prepared remarks, if you remember, I said after a little bit of volatility early in the year, CEOs are really focused strategically where they want…

David Solomoncompanyqa · 51:30Hear it 51:24, David Solomon

…in a period of time where there was a lot of capital volatility and firms had a hard time planning their capital on a year-to-year…

David Solomoncompanyqa · 51:54Hear it 51:48, David Solomon

…the course of the last five years when there's been more capital volatility. If you go back and you look over the last few years,…

David Solomoncompanyqa · 52:14Hear it 52:08, David Solomon

…in something like averaging, that means that there's going to be less volatility on a year-to-year basis. I think most firms, including ourselves, would be…

Where the listed words were said

David Solomoncompany“M&A” · prepared · 1:20Hear it 1:17, David Solomon

…excellence in investment banking. We've seen increased momentum in our number one M&A franchise as clients turn to us for their most consequential transactions. Recently,…

Dennis Colemancompany“Charge Off / Charge-Off” · prepared · 14:06Hear it 14:02, Dennis Coleman

…quarter. Our provision for credit losses of $339 million primarily reflected net charge-offs in our credit card portfolio. Turning to expenses on page 10, total…

Agents: this page as TSV at /api/v1/appearances/goldman-sachs:2025-10-14:earnings_call · words: /api/v1/brief?appearance=goldman-sachs:2025-10-14:earnings_call · columnar JSON in #parrot-data · llms.txt · MCP