GS
📈 Goldman Sachs reported first-quarter 2024 earnings that significantly exceeded analyst expectations.
💰 The strong performance was primarily driven by its trading division, which capitalized on market volatility to achieve record revenues from equity operations.
📊 Profits surged by 27%, reaching $4.2 billion for the quarter, highlighting the bank’s ability to profit from dynamic market conditions.
@marcosemmimfp:
“The earnings of Goldman Sachs surpassed profit estimates in the first quarter of 2024, driven, it says, by outstanding performance in the trading business. Look, operators capitalized on market volatility to generate record revenues from equity operations, increasing profits by 27% to $4.2 billion. Look, Goldman is covered. What else? Other banks also joined the party, like the Wall Street giants JPMorgan and Morgan Stanley, which also reported better-than-expected benefits. Good results for the banking sector.”
Watch the exact part of the video where @marcosemmimfp talks about Goldman Sachs here:
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