JPMorgan's profits rose 32% from last year, significantly exceeding Wall Street estimates, but Wall Street's response has been muted with only a 0.50% premarket rise.
ASML's weaker guidance reflects a gradual recovery in market segments unrelated to AI, with CEO stating, "in other market segments, it takes longer to recover."
ASML's CEO emphasized the growth in AI remains strong, yet acknowledged that the recovery in other areas is more gradual than previously anticipated.
Despite ASML's downturn impacting semiconductor stocks, the overall earnings season looks positive for the banking sector following Bank of America's strong results.
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