Banks’ Big Earnings
On Tuesday morning, both JPMorgan Chase ($JPM@US) and Goldman Sachs ($GS@US) reported incredible earnings. JPMorgan beat their estimated revenue of $29.9 billion by $1.5 billion as Goldman Sachs reported $15.39 billion in revenue, up from the projected $12.17 billion. Shares of JPMorgan were down 0.19% at press time, while Goldman Sachs was up 1.43%