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New York Post
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Goldman Sachs posts bumper profits after dealmaking surge

1. Goldman Sachs reports record $15 billion in Q3 revenues. 2. Earnings per share of $12.25 exceeded market expectations. 3. Goldman plans to acquire Industry Ventures for $665 million. 4. Stock price surged 37% this year, with 3% premarket gain. 5. CEO highlights strength in client franchise and strategic focus.

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FAQ

Why Very Bullish?

Goldman's strong earnings and strategic acquisition suggest robust financial health, reminiscent of previous market successes.

How important is it?

The significant earnings beat and acquisition enhance market confidence in Goldman, likely driving stock performance.

Why Short Term?

Immediate market reaction expected from strong quarterly results and acquisition announcement, akin to past earnings beats.

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