The U.S. stock market reacted unusually | Deutsche Bank (DB.US) rose nearly 8% Achieved profit in Q2 after a loss
According to the Wisdom Financial APP, on Thursday, Deutsche Bank (DB.US) rose nearly 8% to 33.74 US dollars. In terms of news, Deutsche Bank turned a loss into a profit in the second quarter compared to the same period last year, achieving a net profit of 1.485 billion euros (approximately 1.75 billion US dollars), a significant improvement from a loss of 143 million euros in the same period last year, exceeding analyst expectations of 1.2 billion euros. Revenue was 78.04 billion euros, basically in line with market expectations. This performance was attributed to the strong performance of fixed income and foreign exchange trading businesses, which offset the impact of the appreciation of the euro and the decline in some traditional businesses.
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