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

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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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Comment（7）

Davidgoh18
·2022-07-14
Market will continue to go down
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Wenikho
·2022-07-14
Ok
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1
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Tiggerrific
·2022-07-14
Oh
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1
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erichosk
·2022-07-14
Ok
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2
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blessed_1
·2022-07-14
here we go
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3
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wobi
·2022-07-14
Good let's crash it 100 percent
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3
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N00b
·2022-07-14
Ok
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3
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