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Goldman Sachs beats Wall Street forecasts
Wall Street Posts a Strong Quarter, Powering Goldman Sachs Profit
The bank reported growth in investment banking and asset and wealth management. Bank of America and Citigroup also showed robust dealmaking gains.
Goldman Sachs beats Wall Street forecasts as investment-banking fees surge 20%
It also cut its operating expenses by 8%, fueling a 45% surge in net income to $2.99 billion.Earnings per share were $8.40, exceeding AlphaSense's consensus estimate of $6.71.Net revenues rose 7% year over year in the global banking and market division,
Goldman Sachs to report third-quarter earnings
Now that the Fed is easing rates, Goldman may benefit as corporations that have waited on the sidelines to acquire competitors or raise funds take action.
Wall Street pulls back from its records
Top Wall Street analysts are boosting stock market forecasts as the bull market charges on
Goldman Sachs, UBS, BMO, and Deutsche Bank have raised their S&P 500 price targets in recent weeks as the index continues to hit record highs.
Stock market today: Wall Street rises a day after sliding from its record
U.S. stocks are rising Wednesday following better-than-expected profit reports from Morgan Stanley, United Airlines and other big companies. The S&P 500 was 0.5% higher in afternoon trading, a day after sliding from its all-time high because of tumbling energy and technology stocks.
Stock market today: Wall Street pulls back from its records as oil prices tumble
Exxon Mobil dropped 2.6%, and energy stocks fell to some of Wall Street's sharpest losses after oil prices tumbled more than 4%. A barrel of Brent crude, the international standard, has fallen back toward $74 from more than $80 last week.
1d
Things are looking up for Wall Street, and Goldman's third-quarter results show why
Wall Street's business of putting together deals may finally be rebounding. What Goldman's earnings tell us about demand for ...
11h
Wall Street Revival Solidifies After Q3 Reports From Bank of America, Citigroup And Goldman Sachs
Citigroup Inc (NYSE: C) and The Goldman Sachs Group Inc (NYSE: GS) were the latest to report better than expected quarterly ...
15h
Traders Look for Bonus Rebound on Big Banks’ Wall Street Surge
After a bumper crop of trading results and a gradual rebound in investment banking, Wall Street’s bankers are hoping to cash ...
Business Insider
5d
Goldman Sachs
Ayesha Ofori helped her ultra-wealthy clients manage their money at
Goldman
Sachs
. She shares how rich people approach wealth building differently.
Wall
Street
's spending habits have changed.
coinspeaker
17h
Wall Street Embraces Tokenization for Cheaper, Faster Trades
Wall Street now embrace cryptocurrencies, utilizing blockchain for tokenizing assets, with the market projected to reach $30T ...
2d
Musical chairs: Goldman Sachs research co-head jumps ship to Jefferies
Wall Street investment bank Goldman Sachs in continuing to shake things up – this time in research.
15h
on MSN
Goldman Sachs' Saudi Arabia CEO leaving firm - source
Goldman Sachs' Saudi Arabia CEO, Khalid Albdah, is leaving the firm, a source familiar with the situation told Reuters on ...
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