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Goldman Sachs Beats Estimates as JPMorgan Misses

Goldman Sachs’ equities business powered an earnings beat. JPMorgan fell short of forecasts, while lending growth and its interest-income outlook helped shares recover before the opening bell.

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Goldman Sachs’ equities business drove a strong earnings beat. JPMorgan fell short of forecasts, though lending growth and its outlook for interest income helped its shares recover before the opening bell. JPMorgan grew but missed market expectations, while Goldman’s equities business was the standout.