Stock Movers: Goldman Sachs Profit Surges, ASML Outlook Cools, J&J Beats Expectations

Goldman Sachs Trading Revenue Record

• 📈 Goldman Sachs reported its equities unit achieved the largest trading revenue haul in Wall Street history.
• 💡 This record revenue of $4.3 billion for the second quarter exceeded analyst expectations by $600 million.
• 🎯 The firm has been actively building its trading business to compete with major market makers.

ASML's Cautious Growth Outlook

• ⚠️ ASML Holding NV shares declined as CEO Christophe Fouquet revised the company's growth forecast for the upcoming year.
• 📉 Fouquet cited trade disputes and global tensions as reasons for the more cautious stance, walking back an earlier projection of growth in 2026.
• 📊 ASML's third-quarter net sales forecast was below expectations, and clients are reportedly more concerned about trade wars than previously.

Johnson & Johnson's Strong Performance

• ✅ Johnson & Johnson exceeded Wall Street's quarterly sales expectations and raised its full-year outlook.
• 🚀 This positive performance offers a show of confidence amid threats of tariffs and drug pricing crackdowns in the pharmaceutical industry.
• 🗣️ Investors reacted positively to remarks from J&J's CFO, who noted that President Trump's gradual approach to potential tariffs was a good thing, acknowledging that business shifts cannot happen overnight.