JPM Stock Fizzles Despite Blowout Quarter As Key Forecast Cut
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Source: Zero Hedge
Published: 2026-04-14 23:29 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Defence, Middle East, Military & Defence, Iran, Economy & Finance, Financial Markets, Business & Economy, War & Conflict
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Snippet:
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.
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