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Jpmorgan Starts Results with Surprise in Revenues: 46.8 Billion in 4q and Investment Guide of Dimon
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JPMorgan Chase opens the results season with a mixed but positive signal for the market: fourth-quarter revenue rises by 7% and exceeds estimates, while profit drops by 7% and BPA falls by 4%. Jamie Dimon attributes performance to execution and sustained investment and advances continuity in the deployment of capital, citing Apple Card as an example. Action reacts upwards in the premarket, in a week especially sensitive to banking due to the reg…
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