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23.10.25 - 01:36
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China car sales to slump in 2026 if Beijing scraps subsidies, JPMorgan says (SCMP)
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Car sales in mainland China are likely to slide in 2026, breaking a six-year streak, if Beijing stops granting cash subsidies and tax incentives to buyers, according to a JPMorgan forecast that looms over the earnings outlook for the country's 100-odd vehicle assemblers.
“We expect retail [car] sales to see flat growth next year in a bullish scenario,” Nick Lai, head of auto research in Asia-Pacific at JPMorgan, said in an interview. “The market has more than a 50 per cent chance of seeing......
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22.10.25 - 17:48
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8% Earnings Growth Still Meaningful: Sundar (Bloomberg)
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Sitara Sundar, Head of Alternative Investment Strategy at JPMorgan Private Bank, says 8% earnings growth is still meaningful and will be watching for any indications of AI productivity gains on existing investment and hyperscalers' capex outlook. She speaks to Bloomberg's Vonnie Quinn on 'Bloomberg Brief.' (Source: Bloomberg)...
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17.10.25 - 20:42
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Seeing Balance Demand Across Curve: Guggenheim′s Brown (Bloomberg)
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A rally in Treasuries driven by concerns around US regional bank credit exposures and resurgent trade tensions stalled after comments on China by President Trump stabilized the stock market. Earlier Friday, yields declined to the lowest levels in months, extending steep declines from Thursday after two US regional banks disclosed problem loans, prompting investors globally to seek havens. JPMorgan Asset Management's Priya Misra and Guggenheim Investments' Steve Brown speak with Scarlet Fu on "Bloomberg Real Yield". (Source: Bloomberg)...
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15.10.25 - 15:42
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Bank of America Shares Jump On Stellar Q3 Results (ZeroHedge)
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Bank of America Shares Jump On Stellar Q3 Results
After yesterday's solid Q3 results from banking giants JPM, Wells, Citi and Goldman, the earnings juggernaut continued this morning with Bank of America reporting third-quarter earnings that also beat estimates across the board, as investment-banking activity increased amid a long-awaited comeback in M&A and net interest income topped analysts' estimates.
Here are the full details from the company's Q3 results:
Diluted EPS $1.06, up 19% YoY, beating estimates of $0.95
Revenue $28.09BN, up 6% YoY, beating estimates of $27.51BN
Trading revenue (ex-DVA) $5.35 billion, beating estimates of $5.01 billion
FICC trading revenue excluding DVA $3.08 billion, missing estimates of $3.1 billion
Equities trading revenue excluding DVA $2.27 billion, beating estimates of $2.08 billion
Wealth & investment management total revenue $6.31 billion, beating estimates of $6.28 billion
Net income $8.47 billion, up 23%
And visually:
The second-la...
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15.10.25 - 09:54
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Wall Street profits jump on soaring stock prices, deal-making (SCMP)
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Wall Street had one of its most profitable quarters ever, based on the earnings of four of the biggest US banks, as the companies were helped by a flurry of deal-making, soaring stock prices and a global economy that remains resilient amid tariffs and geopolitical upheaval.
Despite the strong earnings reported on Tuesday by JPMorgan Chase, Citigroup, Wells Fargo and Goldman Sachs, bank executives expressed various degrees of caution about the markets and the economy, including worries that asset......
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14.10.25 - 22:12
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Trump Meets Milei, JPMorgan Kicks Off Bank Earnings | Bloomberg Businessweek Daily 10/14/2025 (Bloomberg)
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On today's episode of Bloomberg Businessweek Daily, Carol Massar and Matt Miller discuss President Trump's meeting with Argentina President Javier Milei at the White House. Bloomberg's Enda Curran also joins the show to discuss the latest on US-China trade relations as President Trump leaves the door open once more for negotiation. Also on today's show, Bloomberg's Sri Natarajan and Alison Williams break down big banks earnings, with JPMorgan and Citigroup beating estimates. Plus, BlackRock Head of US Wealth Advisory & Head of Retirement Jaime Magyera discusses how women are poised to benefit from the 'great wealth transfer' as they enter retirement years. (Source: Bloomberg)...
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14.10.25 - 22:12
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JPMorgan, Citigroup Kick Off Big Bank Earnings (Bloomberg)
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Several banks reported earnings today with JPMorgan beating analysts' estimates for trading and investment-banking fees, driven by a pickup in dealmaking and underwriting. Similarly, Citigroup Inc. beat Wall Street revenue estimates across all five of its major business lines. Meanwhile, Goldman Sachs Group Inc. posted record third-quarter revenue, though shares were down after the bank reported higher compensation costs and plans for an additional round of job cuts. Also, Wells Fargo & Co. raised a key profitability metric after the removal of regulatory restraints it had operated under for more than seven years, though the projection comes as the bank reported net interest income that slightly missed analysts' estimates. Bloomberg's Sri Natarajan and Alison Williams joined Carol Massar and Matt Miller on 'Bloomberg Businessweek Daily' to break it all down. (Source: Bloomberg)...
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14.10.25 - 20:24
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Wall Street Bonanza Boosts JPMorgan Results | Open Interest 10/14/2025 (Bloomberg)
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Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." China escalates its trade battle with Washington—this time taking aim at American shipping. Wall Street's heavyweights crush estimates as dealmaking roars back at JPMorgan and Goldman.
And a painful reset for GM. Shares slide after a $1.6 billion charge tied to scaled-back EV plans. Plus—Paul Tudor Jones joins me on set, on the AI bubble debate and why he thinks rates could drop to 2.5 percent within a year. (Source: Bloomberg)...
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