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Goldman Sachs Q3 results: Goldman Sachs profit plunges on impact from fintech sale, real estate bets

The Wall Street giant reported net profit of $2.06 billion, or $5.47 per share, for the three months ended Sept. 30, it said on Tuesday. That was lower than $3.07 billion, or $8.25 per share, a year ago.

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The Week Ahead $GS $TSLA $NFLX $BAC - Live Trading News

The Week Ahead $GS $TSLA $NFLX $BAC - Live Trading News
livetradingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livetradingnews.com Daily Mail and Mail on Sunday newspapers.

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Goldman Sachs' 4th-quarter earnings beat estimates as trading desks continue to impress


Goldman Sachs' 4th-quarter earnings beat estimates as trading desks continue to impress
Ben WinckJan 19, 2021, 19:53 IST
Goldman Sachs CEO David Solomon speaks at the 2019 Milken Institute Global ConferenceMichael Kovac/Getty Images
Goldman Sachs reported fourth-quarter figures on Tuesday that beat Wall Street's expectations for revenue and profit.
The bank added $293 million to its loan-loss reserves through the quarter, further bolstering its safety net at the expense of stronger profits.
Still, outperformance by various trading desks buttressed
earnings in the last three months of 2020.
Goldman gained as much as 2.3% in early-Tuesday trading.
Goldman Sachs reported earnings on Tuesday that surpassed analyst estimates for fourth-quarter earnings and revenue.

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