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Wednesday Headlines: BofA, Morgan Stanley top estimates
By Matt Stichnoth,
Yahoo Finance: Wall Street boom boosts profits at Bank of America
CNBC.com: Morgan Stanley posts massive third-quarter earnings beat
New York Times: Powell Signals Fed Is on Track to Keep Cutting Rates
New York Post: Goldman Sachs warns of looming layoffs as AI reshapes Wall Street giant’s operations
Bloomberg: Private Credit Set to Win More Deals From Rivals, Survey Shows
Financial Times: Top US financiers sound alarm on lending standards
Bloomberg: Dimon Says It’s ‘Semi-Rational’ to Hold Gold in Your Portfolio
Financial Times: Banks caution over bubble as they report bumper profits
Wall Street Journal: Wall Street Is Firing on All Cylinders, Fueled by Deals and Trading
CNBC.com: Dimon says auto company bankruptcies reveal ‘early signs’ of excess in corporate lending
New York Times: Big Banks Credit ‘Resilient’ Economy for Profit Growth
Bloomberg: Blue Owl Chief Points to Bank Loans for Dimon Cockroach Warning