๐ฐ JPMorgan $JPM prints record $16.9B profit; Goldman $GS surges +7.4% as banks rip
Bank earnings season is off to a scorching start โ JPMorgan just posted its strongest quarterly profit ever at $16.9B, with equities trading crushing it amid geopolitical volatility, and Goldman Sachs is ripping +7.4% on the session. The whole bank sector is catching a tailwind from today's cooler-than-expected CPI print (June inflation came in at 3.5% vs 3.8% expected), which sent Treasury yields lower. Not financial advice. Are big bank stocks the sleeper trade of H2 2026?
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