Goldman Sachs posted its highest quarterly profit in over three years as equities trading hit a record $4.2B and dealmaking fees surged 25%.

Goldman shares were on pace to close at a new high, with shares on Tuesday morning rising 8.6% to $1,136.15 a share—an intraday high—following a record set of second quarter…

Goldman Sachs reported a 78% profit jump in Q2 as record stock trading, investment banking and AI deals lifted revenue well above Wall Street estimates.

Uptick based on boom in equities trading businesses