Shares of Goldman Sachs Group Inc. surged 8% on Tuesday after the bank reported better-than-expected financial results for the second quarter of fiscal 2026.
The company's revenue in the reported period reached $20.34 billion, soaring 39% year-over-year and widely exceeding analysts' projections of $16.22 billion. Net earnings jumped 78% on an annual basis to land at $$6.63 billion, while diluted earnings per share stood at $20.98, skyrocketing 92% compared to the second quarter of 2025.
Goldman Sachs' stock rose by 8.06% at 10:15 am ET to go for $1,130.18 apiece.
https://breakingthenews.net/Article/Goldman-Sachs-jumps-8-on-upbeat-earnings/66694673
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