JP MORGAN CHASE(US:JPM) Benzingaยท2025-10-15 16:43Market Overview - The VIX index has climbed back above 20, indicating a return of intraday volatility, with SPY and QQQ experiencing declines of 1.4% and 1.88% respectively before attempting a recovery [1][2] Company Earnings - JPMorgan reported strong earnings with an EPS of $5.07 compared to an estimate of $4.84, and revenue of $46.4 billion versus an estimate of $45.6 billion, driven by solid performance in trading and investment banking [3] - Despite the strong results, JPMorgan's stock fell approximately 2% on the day, reflecting a "sell-the-news" reaction amid heightened defensive sentiment [5] Speculative Trends - A resurgence of speculative trading is noted, particularly in stocks like OKLO, IREN, and APLD, which are gaining traction due to hype surrounding AI, energy, and datacenters, with liquidity driving price increases rather than fundamentals [6][8]