Goldman Sachs Hits Record Profits and Assets Amid Market Turbulence

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Source: Yahoo Finance
Goldman Sachs Hits Record Profits and Assets Amid Market Turbulence
Photo: Yahoo Finance
TL;DR Summary

Goldman Sachs reported strong Q2 earnings with net revenue of $14.58 billion, a 15% YoY increase, and a record $3.29 trillion in Assets Under Supervision, driven by market gains and inflows. Net interest income surged 56% to $3.10 billion, and the firm returned nearly $4 billion to shareholders, including a dividend increase.

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