Goldman Sachs earnings impress Wall Road

New York CNN Business – Goldman Sachs is clearly still the top dog on Wall Street. The investment banking powerhouse reported earnings and revenue Monday morning for the second quarter, easily topping analysts’ forecasts. Goldman Sachs (GS) announced a profit of $2.9 billion, or $7.73 a share, for the three months ended June. Analysts were … Read more

Tesla introduced a uncommon decline in gross sales within the second quarter

New York CNN Business – The Covid shutdowns in China led to a severe decline in Tesla’s output and sales in the second quarter. The electric carmaker reported that finished sales fell nearly 18 percent to about 255,000 vehicles in the second quarter compared with the first three months of the year. Output fell 15% … Read more