Goldman Sachs Q2 earnings beat: Trading fuels growth, but macro risks loom large

Wednesday, Jul 16, 2025 7:36 am ETmin read
Aime RobotAime Summary

- Goldman Sachs reported stronger-than-expected Q2 earnings driven by record trading revenue of $4.2 billion.

- Investment banking revenue fell 25% due to reduced M&A and IPO activity amid market uncertainty.

- CEO warned of macroeconomic risks including potential recession and elevated market volatility impacting future performance.

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