Goldman Sachs Profit Surges, ASML Growth Outlook Cools, J&J Beats
On this episode of Stock Movers: - Goldman Sachs Group Inc (GS) shares are up after the bank's stock traders posted the largest revenue haul in Wall Street history, as volatility sparked by the Trump administration’s trade war spurred a second straight record quarter for the unit. At $4.3 billion, equity-trading revenue for the second quarter was about $600 million more than what analysts were expecting and $100 million above the first-quarter total, according to a statement Wednesday. That also pushed profit above expectations for the period.- ASML Holding NV (ASML) shares are sinking…
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