GenZ News

Article View

Goldman Sachs tops estimates as traders generate $840 million more revenue than expected

225d ago
Business
CNBC
Goldman Sachs tops estimates as traders generate $840 million more revenue than expected
Goldman Sachs exceeded expectations this quarter, reporting $840 million more in revenue than anticipated, primarily driven by strong performance from its trading desks. Market volatility, fueled by President Trump's tariff policies affecting bonds, currencies, commodities, and stocks, created a favorable environment for traders across Wall Street, contributing significantly to Goldman Sachs's earnings beat.
Source