Goldman Sachs, JPMorgan and Morgan Stanley are dominating the AI stock boom. Here's their edge

What happened: Goldman Sachs, JPMorgan and Morgan Stanley have generated $52 billion in equity trading revenue this year, capturing about 80% of the market on rising margin lending to hedge funds. Key numbers: $52 billion in equity trading revenue this year; about 80% of the market. Why it matters: The three firms' share of equity trading revenue reflects their position in the AI stock boom, with margin lending to hedge funds cited as a driver.

Goldman Sachs, JPMorgan and Morgan Stanley have generated $52 billion in equity trading revenue this year, capturing about 80% of the market on rising margin lending to hedge funds.

The three firms' share of equity trading revenue reflects their position in the AI stock boom, with margin lending to hedge funds cited as a driver.