Check out the companies making headlines before the bell: JPMorgan Chase — Shares slipped slightly in premarket trading after the bank reported Q2 results. The bank posted earnings of $6.14 per share, excluding significant items, on revenue of $58.02 billion. Analysts polled by LSEG had projected $5.85 per share on revenue of $50.19 billion; it remains unclear whether the reported profit aligns with consensus expectations. Bank of America — Exceeded expectations in its latest quarter, reporting $1.21 per share versus the $1.13 expected by analysts. Revenue reached $31.7 billion, surpassing the $30.72 billion consensus. Premarket trading was flat. Wells Fargo — Declined 1% despite earnings of $2 per share on $22.62 billion in revenue, beating the $1.72 per share and $21.84 billion revenue estimates. Goldman Sachs — Gained 1.4% after second‑quarter earnings topped estimates, delivering $20.98 per share versus the $14.48 expected, and revenue of $20.34 billion versus $16.13 billion anticipated. Apple — Shares fell about 1% as KeyBanc downgraded the stock to underweight from sector weight, setting a $250 price target that implies roughly 21% downside from Monday’s close. The firm projects pressure as consumers tighten spending amid rising prices. IBM — Slumped 17% after weaker‑than‑expected preliminary Q2 earnings; the company projects earnings of $2.93 per share, excluding certain items, while analysts expect $3.01 per share. Telefonaktiebolaget LM Ericsson — Fell nearly 10% as revenue came in at SEK 52.70 billion, missing the StreetAccount consensus of SEK 53.94 billion, and adjusted gross margin of 48.4% lagged the expected 47.8% — CNBC’s Fred Imbert contributed reporting
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