JPMorgan lifts interest income forecast after profit beats estimates
1. JPM raised its net interest income forecast for 2025 due to strong trading. 2. Strong economic performance led to a rise in investment banking fees by 16%. 3. Record trading revenue of $8.9 billion overshot estimates, boosting growth outlook. 4. CEO highlights resilience amidst geopolitical uncertainties and inflation risks. 5. JPM plans to invest $10 billion to bolster U.S. economic resilience.