Three banks earned about 80% of the AI-boom trading money. Here's how
Goldman Sachs, JPMorgan and Morgan Stanley booked roughly $52 billion in equities trading revenue through September, according to CNBC. Hedge-fund financing is a big reason.
Wall Street's three biggest trading banks are collecting most of the money from this year's stock-market surge. According to CNBC's Oct. 21 report, which draws on company filings, Goldman Sachs, JPMorgan Chase and Morgan Stanley together booked about $52 billion in equities trading revenue from January through September 2026.
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