Goldman Sachs Group Inc.
(NYSE:GS) stock rose on Tuesday after the investment bank reported second-quarter fiscal 2026 results that topped Wall Street estimates.
The firm reported earnings of $20.98 per share, well above the analyst consensus estimate of $14.40.
Net revenue increased 39% year over year to $20.34 billion, beating the consensus estimate of $16.13 billion, driven by strength in its Global Banking & Markets business.
Management highlighted continued opportunities from AI infrastructure investment, strategic transactions, and private market growth, while maintaining a focus on risk management and operational efficiency.
