A Busy Week Ahead for Markets With Bank Earnings and New Inflation Data.

1 # Bank Earnings Spotlight: JP Morgan and TSMC Fuel AI Trade Talks.

The fourth-quarter 2025 earnings season kicks off on Tuesday with JP Morgan Chase, the largest U.S. bank, releasing its year-end report. Last week, the bank announced it would become the next issuer of the Apple Card. In the previous quarter, banks generally reported strong results, and analysts expect further gains as the year closes.

Even with solid performance, JP Morgan CEO Jamie Dimon cautioned that uncertainty remains in the U.S. economy. Wells Fargo, which projects slower growth in its net interest income, will report on Wednesday, joined by BNY Mellon and Goldman Sachs.

On the corporate side, Taiwan Semiconductor’s earnings will reveal whether chipmakers can sustain strong revenue growth amid rising demand for AI chips. Delta Air Lines will report its results as well, offering insight into the travel sector after last year’s government shutdown disrupted operations and slowed recovery during the spring.