Goldman’s stock-trading revenue rose 72% from a year earlier, and profit per share beat estimates. Bond trading was flat and missed estimates, but higher stock-trading revenue and investment-banking fees make the report positive.
The results point to growth in Goldman’s stock-trading and investment-banking businesses. Bond trading did not grow and fell short of expectations, but the stock desk’s increase and higher profit per share make the report positive overall.
JPMorgan missed profit and sales estimates, and bond-trading revenue missed estimates too. Stock-trading revenue beat estimates, and the bank raised its future income forecast, leaving mixed signals that do not clearly change its business outlook.
Wells Fargo’s profit beat estimates, but sales and net interest income fell short. Its next-quarter income forecast was above estimates, leaving mixed signals that do not clearly change its business outlook.
Morgan Stanley shares rose 2.1% before its report, which was due Wednesday. The story gives no results or company update for Morgan Stanley, so it does not change its business outlook.
The financial-sector fund was up 0.4% in 2026, compared with 13.5% for the broad-market fund. That past price gap says nothing new about the fund’s holdings, so the story does not change its outlook.
The broad-market fund was up 13.5% in 2026, but the article gives no new information about its holdings or the fund. It does not change the fund’s outlook.
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