
Goldman Sachs, the Dow's top stock of 2021, continues to impress
CNN
Wall Street powerhouse Goldman Sachs reported earnings that easily topped analysts' expectations, capping a stellar week of bank results and helping to power the broader market to solid gains Friday.
Goldman Sachs said that it posted a profit of $5.4 billion for the third quarter, which works out to $14.93 a share. Analysts were forecasting earnings of $10.18 a share. Revenue also surpassed expectations, surging 26% from a year ago to $13.6 billion — far above the $11.7 billion estimate.
Shares of Goldman Sachs (GS) rose nearly 4% on the news. The stock, which is now up 54% this year, is the best performer in the Dow for 2021.

The governments of Mexico and the United States signed a memorandum of understanding on Thursday to fund and expedite several wastewater treatment projects in the Tijuana River basin. Untreated wastewater continually affects residents living along the river, which flows across the border from Tijuana and through several of San Diego’s southern neighborhoods.