:max_bytes(150000):strip_icc()/GettyImages-2218996322-b6816d36f7b04abebe3dbe7162f60721.jpg "Bank of America Posts Better Profits, But Lower Revenue, Than Expected")
Bank of America (BAC) on Wednesday reported better second-quarter profits than analysts had projected, while revenue and net interest income fell just short. The firm said Wednesday it earned $0.89 per share in the second quarter, beating estimates by 4 cents, while revenue was up 4% from the same time a year ago to $26.46 billion, slightly below the analyst …
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US companies in China decry overproduction as price war hits profits Financial TimesView Full Coverage on Google News Source link
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Goldman Sachs profits jump 22% on investment banking revival Financial Times Goldman Sachs tops estimates as traders generate $840 million more revenue than expected CNBC Goldman Sachs Profit Surges, Powered by Trading, Investment Banking Revenue The Wall Street Journal Trading and dealmaking boosted Goldman profits as Wall Street overcame Trump tariff chaos Yahoo Finance Goldman’s profit tops estimates as market turbulence powers record equities …
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In brief Bitcoin dropped 4.5% from its all-time high to $117,250 as traders locked in profits and exchange inflows surged. Sticky inflation and Fed uncertainty added pressure, with June CPI rising to 2.7%, dimming hopes of rate cuts. Powell’s potential replacement is becoming a political flashpoint, with Treasury Secretary Bessent confirming a formal succession process is underway. Bitcoin’s dip on …
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