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Daily Earnings: Giants Slash Buybacks as Rates Bite | JPM, DPZ, JNJ | Oct 13

3m | Oct 14, 2026

Today’s reports from JPMorgan Chase (JPM), Domino’s Pizza (DPZ), and Johnson & Johnson (JNJ) reveal how higher interest rates and budget-conscious consumers are forcing companies to abandon automatic stock buybacks, police third-party AI bots, and rethink how store-level profits are shared.


- JPMorgan cut buybacks by 84% while Domino's halved repurchases ahead of a major debt wall.

- JPMorgan blocked external AI agents from customer accounts and pegged true AI spending at $700M.

- Smaller customer carts squeezed Domino's franchisees and slowed U.S. store builds despite higher corporate profits.


Even as Johnson & Johnson guided past $100 billion in annual sales, legal reserves and shifting unit economics showed why investors are looking past headline beats to scrutinize balance sheets and store-level cash flow.

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Earnings Unscripted: Stock Earnings Calls & Analysis
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