Earnings Season: Big Banks Report, Teslas Bullish Call, Airlines Hammered
b'Carl Quintanilla, Jim Cramer and David Faber discuss results from the big banks, as JPMorgan Chase, Wells Fargo and Citigroup all report before-the-bell.\\xa0JPMorgan shares jumping after record trading revenue drives stronger-than-expected second quarter profit. Wells Fargo reports $2.4 billion for the quarter, slashing its dividend to 10 cents.\\xa0And Citi shares rising after reporting better-than-expected earnings on strong trading results.\\xa0Elon Musk says \\u201cWow\\u201d after Piper Sandler\\u2019s bullish Tesla report, raising its price target to a street high of $2,322.\\xa0Airline stocks getting hammered after Delta reported a $5.7 billion dollar net loss for the second quarter, its biggest since 2008.\\xa0The company also announcing it\\u2019s pulling back plans to expand flying in August.\\xa0Amazon is rolling out grocery carts that are going to let shoppers skip checkout lines, bag their groceries and walk out.\\xa0The \\u201cDash Carts\\u201d will roll out at Amazon\\u2019s new Los Angeles-area grocery store slated to open in 2020.'