US Big Banks Face Decline in Q2 Profits as Earnings Season Begins =============== #080c8e6b ver:2.81 US big banks face decline in Q2 profits as earnings season begins, with JPMorgan Chase, Citigroup, and Bank of New York Mellon reporting. Stock market valuations set for reality check as S&P 500 projected to see 10.6% increase in Q2 earnings. S&P 500 hitting new highs driven by Big Tech stocks, but broader range of constituents experiencing volatility. US economy shows resilience with cooling growth and easing inflation. Q2 earnings expected to beat estimates by 2%, providing insights into impact of AI investments. #EarningsSeason #StockMarket #USBanks #Economy #AIInvestments... #newstr #EarningsSeason #UsStocksRally #WallStreet #UsBanks #Q2Earnings #StockMarkets https://here.news/story/080c8e6b?ver=2.81