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. Net revenue rose 15% year over year to $14.58 billion, topping the consensus estimate of $13.36 billion, though it declined 3% from the prior quarter. GAAP earnings came in at …
Read More »Goldman Sachs Profit Surges on Higher Trading Revenue The Wall Street Journal Goldman Sachs tops estimates as traders generate $840 million more revenue than expected CNBC Trading and dealmaking boosted Goldman profits as Wall Street overcame Trump tariff chaos Yahoo Finance Goldman’s profit tops estimates as market turbulence powers record equities revenue Reuters Goldman Posts Best Stock-Trading Quarter in Wall Street History Bloomberg.com Source link
Read More »Goldman Sachs Sets Series of Records on Tariff Swings The New York Times Goldman Sachs tops estimates as traders generate $840 million more revenue than expected CNBC Goldman Sachs Profit Surges, Powered by Trading, Investment Banking Revenue The Wall Street Journal Trading and dealmaking boosted Goldman profits as Wall Street overcame Trump tariff chaos Yahoo Finance Goldman Posts Best Stock-Trading Quarter in Wall Street …
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Goldman Sachs profits jump 22% on investment banking revival Financial Times Goldman Sachs tops estimates as traders generate $840 million more revenue than expected CNBC Goldman Sachs Profit Surges, Powered by Trading, Investment Banking Revenue The Wall Street Journal Trading and dealmaking boosted Goldman profits as Wall Street overcame Trump tariff chaos Yahoo Finance Goldman’s profit tops estimates as market turbulence powers record equities …
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Goldman Sachs CEO David Solomon speaks during the Goldman Sachs Investor Day at Goldman Sachs Headquarters in New York City, U.S., February 28, 2023. Brendan Mcdermid | Reuters Goldman Sachs is scheduled to report second-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: Earnings: $9.53 per share, according to LSEG Revenue: $13.47 billion, according to LSEG Trading …
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The newest hire at Goldman Sachs won’t be able to have a coffee chat with coworker Rishi Sunak, or attend the firm’s after-work happy hour. Rather, it will be working all day on its coding assignments. The Wall Street investment bank recently unveiled it had hired Devin: a new AI-powered autonomous software engineer, created by AI startup Cognition. With the …
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Cognition’s AI coding agent Devin has scored a major customer: Goldman Sachs, the bank’s CIO, Marco Argenti, told CNBC. “We’re going to start augmenting our workforce with Devin, which is going to be like our new employee,” Argenti told the outlet, adding that it plans to roll out hundreds of instances of Devin, potentially growing to thousands. The bank currently …
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