Stock Movers JPMorgan Higher, Morgan Stanley Rises, Texas Instruments Falls on US-China Tensions
Apr 11, 2025
JPMorgan chased record trading revenues, thriving amid market chaos. Meanwhile, Morgan Stanley exceeded expectations but faced cost challenges as it braces for potential economic downturns. On the flip side, Texas Instruments stumbled due to escalating U.S.-China tensions, particularly affecting the semiconductor sector. The intertwining of banking health with geopolitical strife adds a gripping layer to today's financial landscape.
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Banks Profit From Volatility
- Banks like JPMorgan and Morgan Stanley benefit greatly from market volatility.
- JPMorgan's stock trading revenue rose 48% to $3.8 billion, showing strong profits despite turbulence.
Banks Brace for Downturn
- JPMorgan set aside $973 million for soured loans, much higher than predicted.
- This signals their preparation for a potential economic downturn and market turbulence.
Morgan Stanley's Cost Challenges
- Morgan Stanley also hit record trading revenue of $4.13 billion.
- However, higher expenses from layoffs and severance impacted their overall cost structure.