Goldman Sachs Revenue, Profits Blow Past Estimates
1. Goldman Sachs reported Q2 revenue of $14.58 billion, exceeding expectations. 2. Earnings per share reached $10.91, with net interest income up 56%. 3. CEO highlighted positive market response but stressed risk management focus. 4. Shares rose about 1% after the earnings report; up over 20% YTD. 5. Recent Fed stress tests indicated banks can withstand downturns without aid.