See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox<\/a> <\/p>\n“We cannot predict how these forces will ultimately play out. They may remain manageable, but they could also cause meaningful disruptions when they shift or collide,” he said. <\/p>\n
JPMorgan shares were down more than 2% in Tuesday’s pre-market trade. JPM was among the top trending tickers on Stocktwits at the time of writing. <\/p>\n
Dimon Remains Optimistic On US Economy <\/p>\n
Despite the warning, Dimon said the U.S. economy has shown “notable resiliency” this year, pointing to stronger business investment and hiring. <\/p>\n
He credited that strength to several tailwinds, including AI-driven capital investment, fiscal stimulus and the benefits of more efficient regulation. <\/p>\n
Still, Dimon said the favorable backdrop does not eliminate longer-term risks. While those pressures may remain manageable, he cautioned that their interaction could create meaningful disruptions, adding that JPMorgan continues to prepare for a wide range of economic scenarios given the uncertainty surrounding geopolitical tensions, inflation and fiscal conditions. <\/p>\n
JPM Earnings Beat Wall Street Expectations <\/p>\n
JPMorgan reported second-quarter (Q2) earnings per share (EPS) of $7.7 on revenue of $57.35 billion. Wall Street analysts expected an EPS of $5.8 on revenue of $51.3 billion, according to Fiscal.ai data. <\/p>\n
The investment bank reported its best quarter in terms of trading revenue, growing 35% year-on-year to $12.1 billion. Dimon said each line of business at JPMorgan hit a new record, adding that market sentiment remains constructive for continued activity. <\/p>\n
Investment banking fees stood at $3.3 billion during the quarter, growing 30% YoY and rising to the highest level since 2021. Its net interest income came in at $25.6 billion, rising 10% YoY. <\/p>\n","protected":false},"excerpt":{"rendered":"Despite the warning, Dimon said the U.S. economy has shown “notable resiliency” this year, pointing to stronger business…\n","protected":false},"author":2,"featured_media":213240,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[164],"tags":[10785,31048,805,19343,808,175],"class_list":["post-213239","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jamie-dimon","tag-dimon","tag-etf","tag-jamie-dimon","tag-jpm","tag-jpmorgan","tag-u-s"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@people\/117207029689627877","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/213239","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/comments?post=213239"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/213239\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media\/213240"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media?parent=213239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/categories?post=213239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/tags?post=213239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}