Business
AI Boom Boosts Wall Street Profits
Goldman Sachs and JPMorgan are reaping significant profits from the AI boom, with record revenue driven by surging trading and investment banking. Morgan Stanley predicts a potential iPhone price hike could further boost Apple’s stock.
Coverage timeline — 2 articles
MarketWatch
Morgan Stanley estimates that the iPhone 18 lineup could see a $200 price increase from the previous generation.
2026-07-14 19:49 UTC
CNBC
Goldman Sachs and JPMorgan showed that Wall Street is a major beneficiary of the AI boom, with record revenue driven by surging trading and investment banking.
2026-07-14 19:50 UTC