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JPMorgan Chase posts record profit

Hosted on MSN · 6h

JPMorgan earns biggest-ever annual profit as investment bankers ride rebound

JPMorgan Chase's annual profit rose to a record as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter, it reported on Wednesday. The largest U.S. bank also forecast its net interest income,

NBC News on MSN · 9h

JPMorgan Chase posts record profit as the bank's massive scale pays off

The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.

JPMorgan Reports Record Profit of Nearly $60 Billion in 2024

JPMorgan Chase, the largest bank in the U.S. by assets, reported fourth-quarter net income of $14 billion, topping Wall Street’s expectations of $11.7 billion. Quarterly profit rose 50% from a year earlier.

Goldman Sachs profit surges

Goldman Sachs profit hits over 3-year high as investment banking, trading fuel bumper quarter

Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before the bell.

Wall Street Journal · 21h

Goldman Sachs Profit Surges, Powered by Investment Banking

Goldman Sachs said its profit more than doubled in the fourth quarter, boosted by companies’ growing appetite for dealmaking. Profit jumped 105% to $4.11 billion. That amounted to $11.95 per share, which was far better than the $8.

Investopedia · 16h

Goldman Sachs Stock Rises as Bank Exceeds Q4 Estimates

Goldman Sachs shares gained in premarket trading Wednesday after the bank reported better-than-expected fourth-quarter results.

7h

Wells Fargo's Fourth-Quarter Profit Tops Estimates

Wells Fargo reported earnings per share of $1.43 for the fourth quarter, beating Wall Street’s consensus estimate of $1.35. A ...

7hon MSN

TSMC Q4 profit set for big leap on strong demand for AI chips

Taiwan Semiconductor Manufacturing Co, the main global producer of advanced chips used in artificial intelligence ...

22h

JPMorgan profit spikes 50% to more than $14 billion in the fourth quarter

JPMorgan profit spikes 50% to more than $14 billion in the fourth quarter.

19h

Cambricon, China's AI chip leader and answer to Nvidia, predicts first quarterly profit

China's most valuable artificial intelligence (AI) company, whose stock surged more than 470 per cent in the past 12 months, ...

8hon MSN

Citigroup swings to profit on trading strength, surging deals

Citigroup swung to a profit in the fourth quarter, fueled by strength in trading and a recovery in dealmaking that drove up ...

13hon MSN

Bank of New York Mellon Profit Climbs on Higher Fee Revenue, Lower Costs

Bank of New York Mellon said quarterly earnings leapt higher as fee and interest revenue climbed and costs came down from a ...

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