The Zhitong Finance App learned that Wall Street financial giant Goldman Sachs Group (GS.US) released its third quarter earnings report in advance of the US stock market on Tuesday. Performance data showed that under the catalyst of the US stock bull market, the group's third-quarter profit soared 45%, mainly due to an unexpected sharp increase in revenue from Goldman Sachs's stock trading business, which is the “flag bearer of the bull market,” and the accelerated recovery of investment banking business. Goldman Sachs' Q3 net profit jumped sharply to $2.99 billion, a sharp increase of 45% year over year, while diluted earnings per share were $8.40, up 54% year over year. Goldman Sachs's total Q3 revenue increased 7% year over year, reaching US$12.7 billion, higher than the market's general expectation of US$11.8 billion. Stimulated by strong earnings reports, Goldman Sachs's pre-market share price rose by more than 3.5% on Tuesday.

The Zhitong Finance App learned that Wall Street financial giant Goldman Sachs Group (GS.US) released its third quarter earnings report in advance of the US stock market on Tuesday. Performance data showed that under the catalyst of the US stock bull market, the group's third-quarter profit soared 45%, mainly due to an unexpected sharp increase in revenue from Goldman Sachs's stock trading business, which is the “flag bearer of the bull market,” and the accelerated recovery of investment banking business. Goldman Sachs' Q3 net profit jumped sharply to $2.99 billion, a sharp increase of 45% year over year, while diluted earnings per share were $8.40, up 54% year over year. Goldman Sachs's total Q3 revenue increased 7% year over year, reaching US$12.7 billion, higher than the market's general expectation of US$11.8 billion. Stimulated by strong earnings reports, Goldman Sachs's pre-market share price rose by more than 3.5% on Tuesday.