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Reuters

Reuters

Business

Business & Economics

Goldman Sachs profit surges as investment banking, trading fuel bumper quarter

Reuters
Summary
Nutrition label

77% Informative

Goldman Sachs posted its best profit since the third quarter of 2021 .

Profit rose to $4.11 billion , or $ 11.95 per diluted share, for the fourth quarter ended Dec. 31 .

Wall Street giant's overall revenue rose 16% to $53.51 billion .

CEO David Solomon : "I'm encouraged that we have met or exceeded almost all of the targets we set".

VR Score

90

Informative language

99

Neutral language

16

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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