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Business July 18, 2026

Goldman Posts Best Quarter in 157 Years as SpaceX IPO Fees and Record Equities Trading Blow Past Forecasts

Goldman Sachs earned $20.98 per share in Q2 2026, nearly doubling year-over-year, while JPMorgan logged the highest quarterly profit in U.S. banking history, both fueled by SpaceX underwriting fees and a historic surge in equity trading.

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