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Benzinga
Benzinga
Business
Lekha Gupta

Goldman Sachs CEO Says AI Boom Is Still in the ‘Early Innings'

GS David Solomon Goldman Sachs
Goldman Sachs

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.

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