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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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Jul 31, 2026 / Tyler Durden
Saudi Arabia Planning Major Escalation In Yemen, Possible Ground Op: Reports
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Aug 5, 2026 / Tyler Durden
Iran-Oman Hormuz Route 'Agreed To' As Iran Warns Against US 'Interference'
Iran-Oman Hormuz Route 'Agreed To' As Iran Warns Against US 'Interference' Summary Iran says Hormuz route is agreed: Tehran says it has finalized a shipping route with Oman, blaming U.S. actions for delaying a final agreement. Tehran claims victory: Iranian officials say the deal would lock in Iran's wartime gains and strategic leverage over Hormuz. Mixed messages: Trump says a deal could come within days, while Iran insists the talks are only with Oman. Draft outline emerges: Reports outline Iranian oversight of inbound traffic and Omani management of outbound shipping. High stakes as pressure eased...
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Jun 5, 2026 / Tyler Durden
ZEC Crashes As Zcash Admits 'Critical Counterfeiting Vulnerability' Exposed By Claude
ZEC Crashes As Zcash Admits 'Critical Counterfeiting Vulnerability' Exposed By Claude Authored by Martin Young via CoinTelegraph.com, The price of ZEC fell on Thursday after further details were disclosed of a critical counterfeiting vulnerability in Zcash’s Orchard pool that could theoretically allow a bad actor to mint an unlimited amount of ZEC. According to a post on X, security engineer Taylor Hornby, who was engaged by Shielded Labs, discovered the bug on May 29 and disclosed it to the Zcash Open Development Lab (ZODL), which deployed an emergency response to fix the vulnerability with a hard...
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