Goldman profit slammed by souring WeWork, Uber bets
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(Reuters) - Goldman Sachs Group Inc missed Wall Street estimates for quarterly profit on Tuesday as it took heavy losses from high-profile investments in WeWork and Uber Technologies and faced up to a weakening global economy.The bank's shares slipped nearly 3% as revenue at three of its four major businesses fell, including a 15% drop in investment banking revenue because of lower advisory and underwriting fees.Net revenue at Goldman's investing and lending division slumped 40% as it swallowed..