Goldman doubles profits, has high hopes for new Trump era
Goldman attributed the quarter's growth to higher net revenues from all its businesses, but particularly from its Global Banking and Markets unit. In the fourth quarter, that department generated $8.48 billion in net revenues, a 33% rise from the same quarter in 2023.
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Goldman’s profit roughly doubled in Q4 thanks in large part to surging revenues from deal-making, underwriting, and trading.
Wall Street CEOs voiced confidence on Wednesday that the incoming administration would be business-friendly and good for banks.
Goldman Sachs expects a 25% increase in US M&A in 2025. It sees Electronic Arts and Unity Software as attractive takeover ...
Goldman Sachs is hardly alone in predicting a further 5% jump in the dollar this year. Commodity Futures Trading Commission ...
Markets have already been lifted by Trump's election victory and the prospect that it will mean less regulation and lower ...
It seems appropriate that Goldman's stock is enjoying its best day since the election, because CEO Solomon indicated that corporate America seems pretty happy that Trump won. "There has been a ...
Wall Street’s biggest banks posted record profits after Donald Trump’s election triumph triggered a US stock market trading frenzy.
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
Stockhead on MSN2h
Stockmarket rebound on cards after Donald Trump’s inaugurationMarkets could rebound after Donald Trump’s inauguration with the Aussie dollar a ‘prime target’ for buyers, according to NAB.
Goldman Sachs is warning of potential upside risks to oil prices following U.S. sanctions on Russia's energy sector, with ...
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