💼 5 PM · While you worked
Goldman Sachs beats forecasts as JPMorgan misses; S&P 500 ends about flat
Goldman Sachs reported third-quarter profit of $5.29 billion, or $17.01 a share, well above the $13.02 analysts expected, as equities revenue jumped 72% to $6.44 billion. JPMorgan's net income rose 6% to about $15.3 billion, or $5.57 a share, below forecasts, including a $658 million pretax loss on investment securities. The S&P 500 ended about flat as chip stocks fell.
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Sources
- Reuters via BNN Bloomberg: Goldman Sachs quarterly profit rises on equities strength
- IBTimes: JPMorgan's profit climbs to $15.3 billion, but Wall Street expected more
- TheStreet: Stock market today, Oct. 13, 2026
- Quartz: JPMorgan Q3 earnings miss; Goldman Sachs beats
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