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Coverage dated October 13, 2026

Goldman and JPMorgan Earnings: Bank Bosses Are Too Optimistic About the AI Boom

Headline from Bloomberg

The artificial-intelligence boom is wobbling even if the bosses of big US banks don’t see it. Chipmakers’ stock prices have dropped in recent days, and there were signs of a hiccup in the third-quarter earnings of Goldman Sachs Group Inc., JPMorgan Chase & Co. and others on Tuesday.

Bloomberg's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

6 articles, oldest first.

  1. Quartz

    JPMorgan stock falls on third-quarter earnings miss (opens Quartz)

    Published

    Quartz's feed description

    Memory stocks including Micron and SK Hynix also dropped after South Korea's Kospi fell 5.5% on competition fears from China

  2. Quartz

    JPMorgan Chase posted $5.57 a share in the third quarter, missing analyst estimates (opens Quartz)

    Published

    Quartz's feed description

    The bank's fixed-income trading revenue fell 4% from a year earlier, the first such decline in more than two years, according to Bloomberg

  3. Quartz

    JPMorgan posted a rare earnings miss as Goldman Sachs beat by a wide margin (opens Quartz)

    Published

    Quartz's feed description

    Wells Fargo's top line also disappointed analysts as big banks kicked off third-quarter earnings season on Tuesday

  4. Quartz

    JPMorgan missed earnings estimates as third-quarter profit rose (opens Quartz)

    Published

    Quartz's feed description

    Wells Fargo also fell short of revenue expectations, kicking off a bank earnings season watched for signs of consumer and business health

  5. New York Post

    JPMorgan records rare earnings miss, Goldman Sachs delivers blowout revenue in mixed quarter (opens New York Post)

    Published

    New York Post's feed description

    JPMorgan – the largest US bank by assets and the largest in the world by market cap – reported earnings per share of $5.57, missing estimates of $5.90. It recorded revenue of $50.91 billion, below expectations of $51.22 billion.

  6. Bloomberg

    Goldman and JPMorgan Earnings: Bank Bosses Are Too Optimistic About the AI Boom (opens Bloomberg)

    Published

    Bloomberg's feed description

    The artificial-intelligence boom is wobbling even if the bosses of big US banks don’t see it. Chipmakers’ stock prices have dropped in recent days, and there were signs of a hiccup in the third-quarter earnings of Goldman Sachs Group Inc., JPMorgan Chase & Co. and others on Tuesday.

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