JPM earnings look strong but headwinds still persist


JPM looks to have beaten estimates on both revenue and earnings, with a strong rise in profits. But investment bank revenue is sharply down and may remain a headwind through 2023. Right now stock is down premarket despite seemingly strong results.

It looks like traditional banking services are propping up weak performances from the investment bank.

https://finance.yahoo.com/news/1-jpmorgan-profit-rises-6-115521335.html


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