JPMorgan Chase posts record revenue on higher interest rates; shares jump 7%

April 15, 2023

in Economy

Reading Time: 5 mins read

JPMorgan Chase posted record first-quarter revenue on Friday that topped analysts’ expectations as net interest income surged almost 50% from a year ago on higher rates.

Here’s what the company reported:

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JPMorgan Chase posts record revenue on higher interest rates; shares jump 7%

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China pledges more financial support for ‘whitelist’ real estate projects

The solid-state batteries hype is fading – prompting auto giants to consider alternatives

Asian semiconductor stocks rise after shares of AI chip darling Nvidia hit a record high

Delta pauses hot meal service on dozens of Detroit flights citing ‘food safety issue’ at caterer

Billionaire founder of Raising Cane’s Chicken Fingers: One ‘stupid’ strategy nearly cost me my business

Chinese finance minister hints at increasing the deficit at highly anticipated briefing

Elon Musk hypes $30,000 Tesla self-driving Cybercab and larger Robovan at robotaxi event

Tributes pour in for Ratan Tata from industry titans and politicians

Boeing withdraws contract offer after talks with union end without a deal

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JPMorgan Chase posts record revenue on higher interest rates; shares jump 7%

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