- Goldman Sachs reported earnings of $5.81 per share vs. $4.89 per share, forecast by Refinitiv. It also beat Wall Street’s expectations on revenue, with $9.46 billion in the second quarter.
- Of the six biggest U.S. banks, Goldman Sachs is the most dependent on Wall Street activities like trading. The New York bank reported better-than-expected total investment banking revenue, with $1.86 billion for the quarter.
JPMorgan Chase has achieved a higher net profit in the second quarter. According to the United States's largest bank measured by assets was a record profit of nearly 9.7 billion dollars, up 16 percent from a year earlier.
Johnson & Johnson, meanwhile, saw a 42% profit surge in the previous quarter, fueled by growth in its prescription drugs business.
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