BUZZ-JPMorgan rises after record second-quarter profit

Jpmorgan Chase

Jpmorgan Chase

JPM

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Updates

** U.S. banking giant JPMorgan's JPM.N shares up 2% at $341.1 after posting a record second-quarter profit

** JPM reports profit of $21.2 billion, or $7.70 per share, in the three months ended June 30, compared with $14.99 billion, or $5.24 per share, in the year-ago period

** Bank raises forecast for 2026 expenses to $107.5 billion

** Investment banking fees surge ~30% in Q2 from a year earlier

** Including session's moves, stock up nearly 6% YTD


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