News

Equity Markets revenue jumped 86% to $6 billion, while investment banking fees climbed 30% to their highest level since 2021

US equity futures were mixed pre-bell Tuesday as traders monitored the unabated rise of tensions in

Every business set a revenue record, stock trading nearly doubled, and Jamie Dimon found fresh reasons to worry on your behalf

US equity futures were mixed before the open Tuesday as traders await a key inflation report and qua

(Bloomberg) -- Goldman Sachs Group Inc. trounced its own Wall Street stock-trading records, posting $7.42 billion for a quarter that saw indexes rip higher and ongoing market volatility around artificial intelligence and war in the Middle East.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkOpenAI Engineer’s ‘LOL’ Moment Set Stage for Le

Dimon also cautioned that geopolitical tensions, large global fiscal deficits and elevated asset prices could trigger significant disruptions.

JPMorgan stock wavered between narrow gains and losses in premarket trade after its results showed second-quarter profit shot up 41%, helped by a one-off gain from its investment in Visa. Wells Fargo shares ticked higher before the bell after its results showed profit increased 17% from a year earlier.

Find insight on Ericsson, Victory Giant Technology, Bilibili and more in the latest Market Talks covering technology, media and telecom.

The nation's biggest bank announced another bang-up quarter.

The nation's biggest bank announced another bang up quarter.

📣 “Several risks are shifting below the surface like tectonic plates.” — JPMorgan Chase CEO Jamie Dimon, citing wars, inflation and big fiscal deficits as threats. He noted that the economy has shown “notable resiliency” with the help of AI-related capital spending and fiscal stimulus.

JPMorgan Chase CEO Jamie Dimon said in a statement that while the U.S. economy “has demonstrated notable resiliency this year, with stronger business investment and hiring,” there are a range of risks.

JPMorgan’s soaring profit was boosted by a one-time $4.6 billion gain on the stake it holds in Visa. That’s a big reason the profit blew by analyst estimates. History lesson: The banks created Visa and many of them still hold legacy stakes.

(Bloomberg) -- JPMorgan Chase & Co. reported its highest quarterly profit ever as stock traders blew past analysts’ estimates and a long-held Visa Inc. stake paid off to the tune of $4.6 billion.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleDisney Exiting Streaming Coul

JPMorgan Chase’s profit shot up 41% in the second quarter to $21.16 billion, or $7.70 per share. Revenue jumped 28% to $57.35 billion. Wall Street analysts had forecast a profit of $5.59 per share on revenue of $51.

Find insight on BP, Channel Infrastructure, and more in the latest Market Talks covering energy and utilities.

JPMorgan Chase’s profit in the second quarter rose 41% from a year ago to $21.2 billion, the bank said Tuesday. Excluding significant items, the bank's’s net income was $16.9 billion. Shares of the largest U.S. bank rose 1.3% in premarket trading.

In an unusual pileup, five of the biggest banks all report earnings on the same morning when usually they are a bit more spread out. We’ll be working in overdrive here for you. Here’s the schedule of what to expect (roughly): 6:45 A.

(Updates with JPMorgan Chase's response in the third paragraph.) JPMorgan Chase (JPM) CEO Jamie D

Stocktwits data showed retail sentiment improved to ‘bullish’ on QQQ, and declined to ‘neutral’ on SPY.

Michael Saylor introduced on Monday the “Bitcoin Banking Adoption Index” developed by Strategy Inc. (NASDAQ:MSTR), which evaluates the level of Bitcoin (CRYPTO: BTC) adoption among leading banks and financial institutions. Bitcoin Adoption In Early Stages, Says Saylor The index, first revealed by Strategy CEO Phong Le on X, scores top institutions such as Fidelity at 71%, Goldman Sachs Group Inc. (NYSE:GS) at 45%, and JPMorgan Chase & Co. (NYSE:JPM) at 43% across categories, including trading, c

Q2 bank earnings kick off Tuesday with the biggest names on Wall Street reporting at once, and one senior analyst thinks the results could shock even the optimists. But his most interesting call has nothing to do with JPMorgan or Goldman.

Asking for a Trend Host Josh Lipton shares what investors should be on the lookout for on Tuesday, July 14, including bank earnings from JPMorgan (JPM), Bank of America (BAC) and Goldman Sachs (GS), along with the release of the June Consumer Price Index (CPI) report.

The coming batch of report cards from America’s largest banks is set to reflect that Wall Street’s core businesses are doing exceptionally well, driven by a Main Street that’s doing well enough. Strong equities-trading and investment-banking activity this spring should propel earnings at Wells Fargo, Citigroup, JPMorgan Chase, Bank of America, and Goldman Sachs, which each report within hours of each other on Tuesday. Morgan Stanley, U.S. Bancorp, and other lenders are scheduled to report in the days after.

The four largest U.S. banks and Goldman Sachs are poised to report higher profits from a year ago thanks to buoyant equity markets, a solid economy, and merger and IPO activity. JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and Goldman are due to release their second-quarter earnings results on Tuesday in an unusually packed morning for bank investors.

Conmed stock jumped Monday following a report that the medical technology company is considering a sale.

(Updates with market moves at the end of the day.) Equities on Wall Street fell Monday, snapping

Investing.com -- JPMorgan Chase CEO Jamie Dimon has been asked by Senator Elizabeth Warren to clarify whether he lobbied the UK government against a proposed tax on bankers' bonuses based on advice from Jeffrey Epstein, according to a letter released by the Senate Banking Committee on Monday.

Wall Street banks and smaller competitors remain attractive investment opportunities as financial in

The S&P 500 is heading into the second-quarter reporting cycle with consensus earnings growth projec