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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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Jun 23, 2026 / Tyler Durden
Supreme Court Sides With Trump Admin On Removing Green Card Holders Accused Of Crimes
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Oct 28, 2026 / Tyler Durden
Inflation Isn't Finished With Us... And We Should Be Worried
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Jun 18, 2026 / Tyler Durden
Hormuz Normalization Begins As Saudi Supertankers Exit And A Flood Of Persian Gulf Oil Heads For Asia
Hormuz Normalization Begins As Saudi Supertankers Exit And A Flood Of Persian Gulf Oil Heads For Asia Summary: Kuwait Petroleum CEO says Energy Production to Ramp in a Week  Iran Media says Southern Ports Traffic Begins Normalizing  Hormuz Normalization Begins As Saudi Supertankers Exit And A Flood Of Persian Gulf Oil Heads For Asia Searching For Hormuz Normalization Signals  Attention on institutional desks is shifting toward normalization signals at the Strait of Hormuz maritime chokepoint. At the time of writing at least 14 transits through the Strait of Hormuz were recorded on Thursday June 18 -...
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