Walter BloombergMarkets

WALL STREET PROFITS SURGE 51% AS AI BOOM FUELS RECORD PACE Wall Street profits reached $45.9 billion in the first half of 2026, up 51 % YoY…

WALL STREET PROFITS SURGE 51% AS AI BOOM FUELS RECORD PACE Wall Street profits reached $45.9 billion in the first half of 2026, up 51 % YoY, according to New York State Comptroller Thomas DiNapoli. That already exceeds New York City’s $45.3 billion forecast for the entire year. If the current pace continues, annual profits could surpass $90 billion, fueled by AI spending, stronger M&A activity and elevated trading volumes.
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