Lisa's Market Movers: Top Moving Stocks This Morning 7/14

The video discusses the performance of major banks like JP Morgan, Wells Fargo, and Citigroup, highlighting JP Morgan's record revenue and increased guidance. It examines Wells Fargo's and Citigroup's financial expectations and reorganization efforts. The video also explores investor perspectives, comparing bank performance with companies like NVIDIA. It delves into the impact of interest rate changes on banks and depositors, questioning the fairness of current banking practices.

What was the record revenue reported by JP Morgan in the second quarter?

• $60.7 billion

• $50.5 billion

• $41.3 billion

• $30.2 billion

How much did Wells Fargo expect their income to increase for the full year?

• 16%

• 14%

• 12%

• 10%

Which company was mentioned as having a significantly higher growth percentage compared to JP Morgan?

• Apple

• Tesla

• NVIDIA

• Amazon

What is a key question regarding banks' handling of interest rate increases?

• Why are banks not passing interest rate increases to depositors?

• Why are banks investing in technology?

• Why are banks increasing deposit rates?

• Why are banks reducing their loan rates?

What is the impact of banks not passing interest rate increases to depositors?

• Increased depositor satisfaction

• Decreased bank profits

• Ballooning deposit accounts

• Reduced bank investments