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Earnings Recap: JPMorgan Earns More From Lending as Costs Climb

JPMorgan's revenue grew 8% and its profit 6%, but both came in below expectations: costs rose 12% and the bank took a loss on securities it sold. It raised its interest income outlook for the year.

Oct 13, 20268 min read

Earnings recap🔒 Portfolio Pro

Earnings Recap: PepsiCo Cuts Its Profit Outlook

PepsiCo's sales grew 5.6% and came in ahead of expectations, but the company lowered its full-year profit outlook because margins in North America are taking longer to recover than it planned.

Oct 12, 20267 min read