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Both JPMorgan and Morgan Stanley Slid Over 3% in Morning Trading After Posting Their Disappointing Financial Results

Tiger Newspress2022-07-14

Both JPMorgan and Morgan Stanley slid over 3% in morning trading after posting their disappointing financial results.Morgan Stanley reported revenue of $13.13 billion to slightly miss on the expected $13.33 billion. Adjusted EPS was reported at $1.44 per share, again lower than the $1.57 expected.

JPMorgan Chase & Co recorded $1.1 billion in loan loss provisions compared with last year when it released $3 billion from its reserves.

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Comment7

  • Davidgoh18
    ·2022-07-14
    Market will continue to go down
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  • Wenikho
    ·2022-07-14
    Ok
    Reply
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  • Tiggerrific
    ·2022-07-14
    Oh
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  • erichosk
    ·2022-07-14
    Ok
    Reply
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  • blessed_1
    ·2022-07-14
    here we go
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  • wobi
    ·2022-07-14
    Good let's crash it 100 percent 
    Reply
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  • N00b
    ·2022-07-14
    Ok
    Reply
    Report
 
 
 
 

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