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Stocks Flat Amid Positive Goldman Sachs, Morgan Stanley Earnings

August 15, 2023
in Trade Tube
Reading Time: 1 min read
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Stocks open slightly above the flat line on Thursday on a slew of mixed earnings reports. Morgan Stanley and Goldman Sachs both reported better-than-expected first-quarter results before the open. Morgan Stanley reported a 56% jump in profit on strong revenue across its businesses, while Goldman Sachs reported an 11% drop in profit for the quarter, but results still beat analyst estimates. On the other hand, Google and IBM both reported earnings that missed estimates after Wednesday’s close.

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