Banks’ Blowout Earnings Steal the Spotlight from Big Tech—for Now
Yahoo Finance ·
Banks’ Blowout Earnings Steal the Spotlight from Big Tech—for Now Martin Baccardax Wed, July 15, 2026 at 3:02 PM EDT 4 min read C C-PR ^GSPC JPM MS Wall Street cleared this earnings season’s first major hurdle with room to spare, as the nation’s biggest banks pummeled profit forecasts. “Bank earnings are often described as a scoreboard for the financial sector,” said Ruben Dalfovo, investment strategist at Saxo Bank. “They are more useful as an economic medical examination, and the early numbers suggest the patient remains active, and dealmaking appears healthier.”
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