Economy · World
Major US Banks Report Strong Quarterly Profits
JPMorgan Chase and Goldman Sachs have reported significant increases in their quarterly profits. Goldman Sachs exceeded profit estimates, driven by strength in its equities division. JPMorgan Chase also saw its profits jump. These strong earnings from major banks are providing support to the Wall Street market, even as chip stocks experience a decline.
How outlets across the spectrum covered it
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- Centre (16): Associated Press, BBC News, Bloomberg, Business Insider, Business Today, CNBC, Channel News Asia, Euronews, Financial Times, Fortune, Mint, NDTV, Reuters, The Economic Times, The Globe and Mail, The Wall Street Journal