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JPM Stock Fizzles Despite Blowout Quarter As Key Forecast Cut

JPM Stock Fizzles Despite Blowout Quarter As Key Forecast Cut One day after Goldman Sachs reported its highest profit in 5 years (despite an ugly miss in FICC revenues), this morning JPMorgan impressed with just as solid results, when it reported that its Q1 profits rose 13% as the bank benefited from soaring market volatility and frantic trading amid the war with Iran and the US military operation in Venezuela. The largest US bank reported net income of $16.5bn, beating analyst estimates of a $15.2bn print, up from $14.6bn a year...
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Aug 4, 2026 / Dave DeCamp
Report: US Has Used ‘Virtually All’ of Its ATACMS and Precision Strike Missiles in Iran War
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Apr 30, 2026 / Tyler Durden
Education Department Probes Stanford Over Alleged Racial Discrimination
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Jul 20, 2026 / Tyler Durden
Judge Slaps A 14-Day Timeout On Paramount-Warner Bros. Mega-Merger
Judge Slaps A 14-Day Timeout On Paramount-Warner Bros. Mega-Merger A federal judge just threw a wrench into one of the biggest media shake-ups in years. On Monday, U.S. District Judge Araceli Martinez-Olguin (Biden) temporarily blocked Paramount Skydance's $110 billion takeover of Warner Bros. Discovery, giving a coalition of 12 state attorneys general a short-term win in their fight to kill the deal. The temporary restraining order lasts 14 days - half the 28 days the states had requested - and prevents Paramount from closing the transaction that would combine two historic...
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