Goldman Sachs (GS) stock is soaring in pre-market trading, jumping 5.86% following the company's annual shareholder meeting. The significant uptick comes despite CEO David Solomon's cautious stance on the economic outlook, suggesting investors are focusing on other positive outcomes from the meeting.

During the annual gathering, Goldman Sachs shareholders demonstrated their confidence in the company's leadership by voting in favor of the proposed executive compensation package. This approval indicates that investors are satisfied with the firm's remuneration policies and believe they are aligned with shareholder interests. Additionally, shareholders elected the Board of Directors, further solidifying the company's governance structure.

While CEO David Solomon expressed uncertainty about the economic outlook during the meeting, the market's positive reaction suggests that investors are more focused on the company's internal strengths and governance. The approval of executive compensation and the election of the Board of Directors appear to have outweighed concerns about broader economic challenges, at least in the short term. As the trading day progresses, it will be interesting to see if Goldman Sachs can maintain this early momentum in the face of ongoing economic uncertainties.