Goldman Sachs Profits Jump
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Shares of Goldman Sachs and Morgan Stanley fell Wednesday despite stronger-than-expected profit from the two big banks, as investors saw little reason to bid up equity prices further after gains in recent weeks.
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Goldman Sachs Group Inc. (NYSE:GS) shares traded higher Wednesday after the firm reported second-quarter results that beat analyst expectations, boosted by robust gains in its global banking and trading divisions.
Another three megabanks are due to report second-quarter earnings on Wednesday, shedding light on the health of dealmaking, sales and trading, and consumer activity. Bank of America, Morgan Stanley, and Goldman Sachs—the second-,
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David Solomon, Goldman Sachs chairman and CEO, joins 'Money Movers' to discuss his expectations from the Fed and the impact of tariffs and deregulation.
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GlobalData on MSNGoldman Sachs, PwC lead European M&A advisers in H1 2025Goldman Sachs led in advisory value with $23.8bn in transactions, while PwC topped in deal volume with 52 transactions.
Goldman Sachs’ strong performance in equities and fixed income helps US investment bank post 22% rise in profit
Trading desks across Wall Street have benefited as President Donald Trump's tariff policies have roiled markets for bonds, currencies, commodities and stocks.