00:00It's Benzinga bringing Wall Street to Main Street.
00:02JPMorgan Chase shares rose Tuesday after the bank reported stronger than expected second quarter
00:08results and raised its 2026 outlook, according to Benzinga. Adjusted earnings reached $6.14 per
00:15share, topping estimates of $5.99, while managed revenue of $58.02 billion beat expectations
00:23of $50.20 billion. JPMorgan increased its net interest income forecast to about 105.5%.
00:30$5 billion driven mainly by stronger deposit balances and a more favorable deposit mix.
00:35Excluding one-time items, revenue rose 15% on strength in markets, investment banking,
00:41asset management fees, deposits and loans. CEO Jamie Dimon said market conditions are nearing
00:47their peak, but warned that geopolitical conflicts, persistent inflation, fiscal deficits and elevated
00:53asset prices remain risks. Shares were up by 0.09% at $343.20 in Wednesday's pre-market trading,
01:02according to Benzinga Pro Data. For all things money, visit Benzinga.com.
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