DENVER (AP) — Kyle Farmer had a go-ahead two-run single and Tyler Freeman added a two-run homer in the Colorado Rockies’ six-run run eighth inning in a 10-7 victory over the Arizona Diamondbacks on Saturday night.
After Andrew Hoffmann (1-1) struck out Hunter Goodman to open the eighth, Brenton Doyle doubled to left, Warming Bernabel and Kyle Karros walked, and Doyle doubled to center to drive in two and cut it to 7-6.
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Arizona Diamondbacks starting pitcher Ryne Nelson throws in the first inning of a baseball game against the Colorado Rockies, Saturday, Aug. 16, 2025, in Denver. (AP Photo/Geneva Heffernan)
Colorado Rockies' Jordan Beck runs down the first base line on an RBI double in the third inning of a baseball game against the Arizona Diamondbacks, Saturday, Aug. 16, 2025, in Denver. (AP Photo/Geneva Heffernan)
Arizona Diamondbacks' Adrian Del Castillo celebrates after hitting a two-run home run in the seventh inning of a baseball game against the Colorado Rockies, Saturday, Aug. 16, 2025, in Denver. (AP Photo/Geneva Heffernan)
Colorado Rockies' Brenton Doyle slides safely home in the eighth inning of a baseball game against the Arizona Diamondbacks Saturday, Aug. 16, 2025, in Denver. (AP Photo/Geneva Heffernan)
Colorado Rockies' Tyler Freeman (2) hits a two-run home run in the eighth inning of a baseball game against the Arizona Diamondbacks Saturday, Aug. 16, 2025, in Denver. (AP Photo/Geneva Heffernan)
Andrew Saalfrank took over for Hoffmann, allowing Farmer's go-ahead single and Freeman's homer.
Ryan Rolison (1-0) pitched the eighth for Colorado, and Victor Vodnik worked the ninth for his sixth save.
Bernabel homered in the second.
Adrian Del Castillo homered and drove in three runs for Arizona. Lourdes Gurriel Jr. also had three RBIs for the Diamondbacks.
Farmer's go-ahead hit in the eighth.
Colorado has won two in a row to improve its major league-worst record to 34-89.
Neither team had announced a starter for the series final Sunday.
AP MLB: https://apnews.com/hub/mlb
Arizona Diamondbacks starting pitcher Ryne Nelson throws in the first inning of a baseball game against the Colorado Rockies, Saturday, Aug. 16, 2025, in Denver. (AP Photo/Geneva Heffernan)
Colorado Rockies' Jordan Beck runs down the first base line on an RBI double in the third inning of a baseball game against the Arizona Diamondbacks, Saturday, Aug. 16, 2025, in Denver. (AP Photo/Geneva Heffernan)
Arizona Diamondbacks' Adrian Del Castillo celebrates after hitting a two-run home run in the seventh inning of a baseball game against the Colorado Rockies, Saturday, Aug. 16, 2025, in Denver. (AP Photo/Geneva Heffernan)
Colorado Rockies' Brenton Doyle slides safely home in the eighth inning of a baseball game against the Arizona Diamondbacks Saturday, Aug. 16, 2025, in Denver. (AP Photo/Geneva Heffernan)
Colorado Rockies' Tyler Freeman (2) hits a two-run home run in the eighth inning of a baseball game against the Arizona Diamondbacks Saturday, Aug. 16, 2025, in Denver. (AP Photo/Geneva Heffernan)
NEW YORK (AP) — A surging stock market and a flurry of deal making padded the profits of Wall Street's two big investment banks, which both saw a double-digit jump in profits in the fourth quarter.
Goldman Sachs's net earnings rose 12% from a year earlier, posting a profit of $4.62 billion, or $14.01 a share. Meanwhile Morgan Stanley said it earned $4.4 billion, or $2.68 per share, compared to a profit of $3.71 billion, or $2.22 per share, compared to a year earlier.
Wall Street has been bolstered by the Trump administration's deregulatory policies, which has led corporations to seek out mergers and acquisitions, as well as the surge of investor interest in artificial intelligence companies and those who stand to benefit from the mass adoption of technologies like ChatGPT.
Fourth-quarter investment fee revenues over at Goldman were up 25% year-over-year and Morgan Stanley saw a 47% jump in revenue in its investment banking division. Both banks said their investment fee backlog, which is a signal of how much deal making is still pending that banks are working on, increased significantly in the fourth quarter.
Goldman and Morgan's results reflect the strong earnings out of the other big banks that reported their results this week. JPMorgan Chase, Bank of America and Citigroup all saw jumps in fourth-quarter profits, but their results were dampened by the ongoing tensions that Wall Street is having with the White House over the issue of the independence of the Federal Reserve and President Donald Trump's interest in capping credit card interest rates at 10%.
Along with a strong investment banking performance, Goldman Sachs also agreed to sell off its Apple Card credit card portfolio to JPMorgan Chase last week, effectively exiting its brief experiment in consumer banking. The bank sold the credit card portfolio at a discount to JPMorgan, a sign of how desperately Goldman wanted to exit the business and put the Apple Card behind it.
This story has been corrected to show that Morgan Stanley's investment banking revenues rose 47%, not 22%.
FILE - Electronic signage is shown at Morgan Stanley headquarters, Thursday, March 4, 2021 in New York. (AP Photo/Mark Lennihan, File)
FILE - In this Dec. 13, 2016, file photo, the logo for Goldman Sachs appears above a trading post on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File)