U.S. banks are opening the season of 2025 second-quarter corporate earnings. The four banking giants, including JPMorgan Chase (JPM), Citigroup (C), Wells Fargo (WFC) and BlackRock (BLK), remarkably beat analyst consensus estimates on both revenue and profit lines on July 15. Oddly enough, the Wall St crowd has not succeeded in finding faults only with Citigroup, which allowed its market value to climb 3.6% above $90 per share to reach the highest mark since the 2008 financial crisis.

Citi performed at 21.7% above the average expert forecast in terms of EPS (equity per share) and 3.5% higher on revenue, with both numbers being historically high, after rising by nearly 29% and 8% YoY, respectively. The third largest U.S. lender also announced its digital asset services like issuing its own stablecoin to create a safer tokenized deposit space in order to facilitate digital payments. Citi management is planning to buy back at least $4 billion in stock. The combo of nice fundamentals along with an upward breakout in the technical pattern allows to bet on touching a range between $100 and $110 at least before the end of 2025.

The other three banking groups also reported better than expected Q2 numbers, but were less fortunate when talking about immediate market reaction to the releases. JPMorgan Chase initially tried to gain intraday but fell by 0.85% before the closing bell, despite its Q2 EPS was 10.7% and revenue was 2.4% above consensus numbers. Some investment houses cited chances that investors may hedge risks of shifting U.S. tariff policies. Besides, shares of JP Morgan are at nearly 3.5% of their fresh all-time highs that were achieved in early July, being stopped only $3.5 away from the psychological barrier of $300 per share. In short, everything seems O.K. with JPMorgan, which will probably continue the rally soon.

Wells Fargo stock surprisingly dropped by 5.5% after the lender simply cut its inner projection for annual interest income, despite publishing its ever-best EPS of $1.6 vs $1.4 of expert consensus estimates on revenue just slightly beating expectations. Some overshot pace of WFC's price rally, which have exceeded 12% since the beginning of the summer until recently, could have an impact.

Meanwhile, BlackRock plunged 5.88% the same day, despite this global leader in total assets under management achieved another record $12.5 trillion and generated its ever-highest EPS above $12 per share to beat forecasts by 13.7%. Only its CEO emphasized "early days in the next phase of growth", which could be negatively perceived by some worried investing minds. Blackrock plans to launch more activity in private markets, targeting $400 billion in fundraising by 2030. BlackRock is going to become a good pick up from temporary dips.

All in all, first banking quarterly reports provided a sweet glimpse into how the other segments of U.S. economy may get their proper returns despite rising cross-border trade uncertainty. The Bank of America (BAC), Goldman Sachs (GS) and Morgan Stanley (MS) will report later today, on Wednesday. While some banks may have fallen in market value, they all sent a positive signal about the lively beat of the economy and therefore the overall market trend. As a result, the S&P 500 broad market index fell only 0.5% on the day, and that was after hitting an all-time high of 6,300 milestone during the same trading session.

Besides, Nvidia developments were in the spotlight again after the AI flagship's statement on resuming sales of its H20 chip in China. Its CEO Jensen Huang visited Beijing and said the U.S. government has also assured Nvidia that licenses will be granted. Another reason to be optimistic about the Wall Street prospect, including AI and US-China trade relations' drivers.