On Tuesday JPMorgan Chase reported second-quarter profit and revenue that exceeded analysts’ expectations, as the company released money set aside for loan losses.
Goldman Sachs’s earnings were also buoyant as they were propelled by strong performance in investment banking.
In addition, they also posted the second-highest revenue quarter ever, behind the first quarter of 2021.
Timestamps:
- #JPM 02:00
- #GS 03:35