Goldman Sachs CEO David Solomon called the third quarter a "very strong performance," Fortune reported, after the bank posted $18.68 billion of net revenue and earnings per share of $17.01 against $13.02 expected, with equities revenue up 72%. The equities desk offset weaker fixed-income results.
Fortune's article does not discuss AI spending. Solomon's comments are included as a leader's framing of a quarter in which JPMorgan and Bank of America fell short.
Source: Fortune