Earnings season is here once again! As they do every quarter, the big investment banks kicked off first quarter earnings season last Friday. It wasn't a particularly strong start to the season... While JPMorgan Chase (NYSE: JPM), Wells Fargo (NYSE: WF) and Citigroup (NYSE: C) reported relatively solid revenue and profit numbers, they disappointed on so-called guidance. That is, they didn't paint as rosy a picture for the remainder of 2024 as many investors would have liked. |
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