Goldman Sachs has reported a 15% increase in first-quarter profit, exceeding analyst expectations as the banking giant navigated turbulent markets. The company’s trading business experienced a surge, taking advantage of market fluctuations. However, revenue from investment bankers’ advisory services declined. Despite this mixed performance, Goldman Sachs remains confident in its financial prospects.
Source: https://www.barrons.com/articles/goldman-sachs-earnings-stock-price-08fb40f8