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JPMorgan Q2 results: Bank's profit beats estimates at $14.2 billion; revenue strong but CEO Jamie Dimon warns of global risks
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JPMorgan Chase reported a second-quarter net profit of $14.2 billion, surpassing Wall Street expectations despite being lower than the previous year. Revenue reached $45.7 billion, exceeding estimates, with the markets division showing strong growth. CEO Jamie Dimon cautioned about persistent macroeconomic threats, including tariffs and geopolitical uncertainty, while acknowledging the resilient US economy.
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