"Goldman Sachs Smashes Earnings Expectations with Surging Stock Trading"

Goldman Sachs Group Inc. exceeded profit expectations with a significant surge in its equities-trading unit, which saw a revenue increase three times higher than analysts' projections. The asset and wealth division also contributed to the gains, achieving its highest quarterly revenue in two years due to the sale of a financial-management business. However, the results were dampened by underperforming fixed-income trading and investment-banking fees.