- JPMorgan Chase reports second-quarter profit of $6.5 billion or $1.60 a share.
- Net revenue comes in at $26.0 billion.
- The consensus estimate among analysts was EPS of $1.44 on revenues of $24.84 billion.
The company is spearheading an effort to create a skinny bundle without sports or news that consumers could access as a standalone digital service or through their cable TV provider.
Jim Cramer discusses oil and also mentions how to tell how the market is faring.
How one privately held blockchain turned an advisory services agreement into $107 million in equity financing from some of the world's top financial institutions and tech companies.
The goal of shrinking it now is to reduce the Fed's deep involvement in global financial markets while curbing incentives for companies to load up on cheap debt.