Urgent.News

What's breaking now, across thousands of outlets.

Business

+++ Geschäftszahlen +++: Strafe für Geldwäsche-Verstöße drückt Gewinn der Bank of America

Börsen-Boom und ETF-Nachfrage spülen Blackrock Milliardengewinn in die Kasse +++ Pharma-Auftragsfertiger Lonza setzt Mittelfristziele +++ Der Newsblog.

+++ Geschäftszahlen +++: Strafe für Geldwäsche-Verstöße drückt Gewinn der Bank of America

In the third quarter of 2026, Goldman Sachs reported impressive results with earnings of $5.3 billion (4.7 billion euros), marking a 29% increase compared to the previous year. Analysts had anticipated lower earnings, and the bank's stock saw a gain of over 3% in premarket trading on Tuesday. Goldman Sachs' overall earnings surged nearly 25% to approximately $18.7 billion, driven primarily by a 70% increase in investment bank revenues to $6.4 billion.

Revenue from trading assets, currencies, and commodities declined slightly, but profits from investment banking, fund management, and asset management also rose. Johnson & Johnson experienced challenges due to geopolitical crises, with sales in the medical technology sector weakening due to the Middle East conflict and budget cuts in Europe.

However, the company still exceeded expectations with a strong year-to-date performance. The company's pharmaceutical division, particularly the Tremfya product for immune disorders, saw a 68% sales increase, contributing to a 2.4 billion dollar revenue for the quarter.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at handelsblatt.com →

More in Business

CXMT’s 4F² DRAM Plan Jolts Korean Chipmakers

As China’s largest memory semiconductor company, ChangXin Memory Technologies (CXMT), announced the release of server DRAM applied with the next-generation DRAM cell structure ‘4F² (Four F Square)’…

  • CXMT unveils 4F² DRAM technology, challenging Korean server DRAM dominance
  • Samsung Electronics and SK hynix stocks plunge 7% and 10% respectively
  • 4F² technology faces challenges with EUV lithography and low initial yield

More from Wednesday 14 October →