Friday, 13 October 2023

JPMorgan Chase profit beat estimates

The World's First "$20 Trillion Drug?"

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Banking Nightmare

During and after the Great Financial Crisis of 2008, 485 U.S. banks went under.

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Unexpected gains from AI stocks

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The healthcare conglomerate's shares rose nearly 2% to $534.06 in premarket trading.

Insurers had benefited from a delay in non-urgent surgeries during the pandemic, with hospitals also grappling with staffing shortages.



Adjusted revenue in the three-month period came in at $40.7 billion, beating Bloomberg consensus estimates of $39.9B. The figure was down slightly from $42.0B in the second quarter, but surged by 21% year-on-year.






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