In 2023, Goldman Sachs Group witnessed a remarkable upswing in its share prices following the release of their fourth-quarter earnings, which exceeded market expectations.
This positive turn was a culmination of strategic adjustments and a focus on core business strengths.
The fourth quarter saw a 7% increase in revenue for Goldman Sachs, reaching $11.3 billion, while net earnings impressively rose by 51% to $2 billion, equating to $5.48
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