{
  "id": 14166572,
  "title": "Bank earnings live updates: JPMorgan, Wells Fargo, Goldman Sachs and Citigroup report",
  "url": "https://urgent.news/2026/10/13/bank-earnings-live-updates-jpmorgan-wells-fargo-goldman-sachs-and",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T09:35:30.000Z",
  "source": {
    "name": "CNBC",
    "slug": "cnbc",
    "url": "https://www.cnbc.com/2026/10/13/bank-earnings-live-updates.html"
  },
  "original_language": "en",
  "account": null,
  "summary": "CNBC and CNBC World are providing live coverage of third-quarter earnings results, calls, and stock movements for JPMorgan, Wells Fargo, Goldman Sachs, and Citigroup.\n\nGoldman Sachs stated it maintains a positive outlook on payment stocks entering third-quarter earnings, noting that spending volumes remained strong throughout the quarter and through the end of September. The bank reported that broader structural concerns for the sector have improved as certain regulatory and disruptive risks have declined. Goldman Sachs also noted that agentic commerce has emerged as a growth driver for carded payments.\n\nAccording to Investing.com, Goldman Sachs believes payment stocks are relatively protected from market concerns such as AI-driven disruption, inflation, and higher interest rates, noting that the sector trades at low valuations compared to historical levels. The bank holds a constructive view on NYSE:V, NYSE:MA, NASDAQ:PYPL, NYSE:GLBE, and NASDAQ:RSKD, while expressing a more cautious stance on NYSE:FIS, NYSE:FISV, and NYSE:FOUR.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "Goldman Sachs upgrades global equities to overweight, favoring U.S. and Asia",
        "url": "https://urgent.news/2026/10/13/goldman-sachs-upgrades-global-equities-to-overweight-favoring-u-s-and",
        "published": "2026-10-13T07:23:38.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Goldman Sachs sees positive setup for payment stocks ahead of earnings",
        "url": "https://urgent.news/2026/10/13/goldman-sachs-sees-positive-setup-for-payment-stocks-ahead-of-earnings",
        "published": "2026-10-13T09:31:25.000Z"
      },
      {
        "outlet": "CNBC World",
        "title": "Bank earnings live updates: JPMorgan, Wells Fargo, Goldman Sachs and Citigroup report",
        "url": "https://urgent.news/2026/10/13/bank-earnings-live-updates-jpmorgan-wells-fargo-goldman-sachs-and-14166667",
        "published": "2026-10-13T09:35:30.000Z"
      },
      {
        "outlet": "Hedgeweek",
        "title": "Goldman Sachs upgrades equities and government bonds amid rising yields",
        "url": "https://urgent.news/2026/10/13/goldman-sachs-upgrades-equities-and-government-bonds-amid-rising",
        "published": "2026-10-13T09:41:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}