JPMorgan profit beats estimates on trading boom
JPMorgan's quarterly profit rose due to a 17% gain in markets revenue despite a $2.2 billion Apple Card provision, reflecting strong trading amid market volatility.
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4 Articles
Why JPMorgan stock (JPM) dropped 4% after earnings: Apple Card reserve, rate-cap risk
New York, Jan 13, 2026, 17:15 EST — Trading after hours JPMorgan Chase & Co (JPM.N) shares dropped roughly 4.2% on Tuesday, ending the day at $310.90 in after-hours trading. The stock saw wild swings, peaking around $331 before tumbling to a low close to $310 during the session. The decline extends past a single company. JPMorgan serves as a barometer for U.S. credit and capital markets, and it’s reporting into a backdrop where banks are increas…
JPMorgan Chase profit dips as it builds $2.2 billion reserves for Apple Card
JPMorgan Chase reported a decline in quarterly profit after setting aside $2.2 billion in reserves related to its agreement with Goldman Sachs to assume the Apple Card partnership. The Wall Street giant, led by CEO Jamie Dimon, posted fourth-quarter earnings of $13 billion, or $4.63 per share — down from $14 billion, or $4.81 per share, in the same quarter a year earlier, according to a statement released Tuesday. James Franey for The New York P…
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