markets·7d ago
Big Banks Post $49B Quarter as Trading Revenue Surges
JPMorgan and Goldman Sachs lead record earnings, highlighting the strength of traditional finance that stablecoins aim to challenge.
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JPMorgan and Goldman Sachs lead record earnings, highlighting the strength of traditional finance that stablecoins aim to challenge.
JPMorgan advises buying the dip in AI chip stocks, while Morgan Stanley recommends investing in hyperscalers instead.
MUFG, SMBC, and Mizuho join forces on stablecoin issuance, following JPMorgan and SoFi in bank-backed digital currency push.