
When tariffs are temporary tattoos, outlooks top earnings
Four major financial institutions—BlackRock, JPMorgan Chase, Morgan Stanley, and Wells Fargo—reported first-quarter earnings on Friday. JPMorgan, the nation’s largest bank, and Morgan Stanley both delivered top- and bottom-line beats. Earnings per share at BlackRock, the world’s largest asset-management firm, and Wells Fargo came in ahead of analysts’ estimates, while the former’s revenue was in line,…