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Thursday, July 16, 2026

Wall Street just had its best investment banking quarter in years, and it is calling AI a super cycle

Goldman booked record fees. Morgan Stanley thinks the market is 10% of the way through. JPMorgan’s CFO is quietly walking away from data centre deals. Goldman Sachs booked $3.4bn in investment banking fees in the second quarter, a record, up 55% on a year earlier. Its chief executive has a name for …

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