Companies
JPMorgan and Wells Fargo Boost Profits by 41% and 17% in the Second Quarter
JPMorgan earns $21.2 billion, up 41%, and Wells Fargo $6.4 billion, up 17%, exceeding forecasts.
Latest JPMorgan news
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FuelCell Energy drops to €15.00 despite the alliance with Siemens. Wells Fargo and JPMorgan punish the stock due to lack of contracts.
JPMorgan earns $21.2 billion, up 41%, and Wells Fargo $6.4 billion, up 17%, exceeding forecasts.
June CPI and results from JPMorgan, Citi, and Wells Fargo shape the week for Bitcoin, which could fall below $60,000 if inflation rises.
JPMorgan, Citigroup, and Wells Fargo report Q2 results, while June CPI and jobless claims shape the week.
Spot gold falls 0.19% to $4,167 per ounce, yet stays close to two-week highs after weak US employment data lowers Fed rate hike expectations.