Goldman Sachs and JPMorgan Chase Report Record Revenue Amid AI-Driven Market Activity
Goldman Sachs (GS) and JPMorgan Chase (JPM) reported record quarterly revenue driven by increased activity in equities trading, investment banking, IPOs, debt offerings, and M&A fueled by the global artificial intelligence boom. Executives highlighted that AI is driving demand for financing across sectors including data centers and power infrastructure.
Topics: AI Equities Trading Investment Banking Revenue Growth