JP Morgan

Major Wall Street indices closed in the red on Monday after U.S. job openings in February declined to the lowest level in about two years while factory orders dropped for a second straight month. Bank stocks, too, witnessed a decline after JP Morgan CEO Jamie Dimon cautioned shareholders in a...

Jamie Dimon, Chairman and Chief Executive Officer of JP Morgan Chase & Co. (NYSE: JPM), released his annual letter to shareholders in which he discussed crucial themes such as the current banking crisis, U.S. fiscal and monetary policies, inflationary risks, the war in Ukraine, and the global...

One of the largest banks in the U.S. got even bigger on Sept. 13, 2000: Chase Manhattan announced it would acquire J.P. Morgan & Company for about $30.9 billion. The deal took Chase from the third-largest bank in the U.S. to the second position based on assets. Today, the company trades as...

Shares of cryptocurrency-focused Silvergate Capital Corp (NYSE: SI) fell off of a cliff Thursday, plummeting 45% on its warning of a delay in its annual report and concerns over its ability to operate as a going concern. This comes after the bank reported a staggering $1 billion loss for the fourth...

Earlier this month, Global X attended J.P. Morgan’s Healthcare Conference. The 41st iteration of the conference hosted nearly 10,000 attendees with presentations from 550 leading healthcare companies. The conference often sets the tone for business development activity in the industry...

A new lawsuit filed by U.S. Virgin Islands Attorney General Denise George, accuses JPMorgan Chase & Co (NYSE: JPM) of facilitating Jeffrey Epstein's sex-trafficking scheme and helping him to cover it up.  The lawsuit claims that human trafficking was the principal business of...

Meta Platforms Inc. (NASDAQ: META) shares were advancing in premarket trading on Friday, defying the weakness that is blanketing the tech space. What Happened: The outperformance comes on the back of a positive analyst action. JPMorgan analyst Doug Anmuth upgraded Meta stock from Neutral to...

JPMorgan Chase & Co. (NYSE: JPM) is deepening its crypto talent bench with a former Celsius Network (CRYPTO: CEL) employee. The New York-based firm hired Aaron Iovine as executive director of digital assets regulatory policy. According to Iovine's LinkedIn profile, he was with Celsius from...

JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon's tirade against cryptocurrencies continues. Despite the investment bank's ongoing efforts to boost its crypto capabilities, Dimon blasts Bitcoin (CRYPTO: BTC) for being a decentralized Ponzi scheme. See Also: JPMorgan CEO Still 'Doesn't...

JPMorgan Chase (NYSE: JPM) plans to tokenize institutional funds and have decentralized finance (DeFi) developers capitalize on non-virtual assets. What Happened: Tyrone Lobban, head of Onyx Digital Assets at J.P. Morgan, discussed the plans at the CoinDesk's Consensus 2022 event in Austin,...

Pinterest analysts are reacting to the company’s second quarter report that saw strong revenue growth but offered lower active users and third quarter guidance than expected. The Pinterest Analysts: JPMorgan analyst Doug Anmuth lowers the rating on Pinterest (NYSE: PINS) from Overweight to...

Like a game of seesaw, the falling bond market appeared to give stocks a boost early Friday. Yesterday it was stocks at the bottom and bonds high up. For now, anyway, stocks are climbing along with Treasury yields, which rise as bonds fall. The 10-year yield bounced back from yesterday’s five...

Peloton Interactive Inc’s (NASDAQ PTON) stock gained traction Wednesday after JPMorgan analyst Doug Anmuth reiterated an Overweight rating on the personal exercise equipment maker and media company after quizzing its CFO Jill Woodworth. The analyst believes Peloton’s announcement on...

Sometimes earnings throw investors a curveball. Not today. The first wave of Q1 big bank results looked pretty much as strong as most analysts had expected. Even stronger, actually.  Strength in results doesn’t always translate into stock market gains, however. JPMorgan Chase &...

After years of standing on the sidelines while other sectors ran the ball downfield, banks are finally back under center approaching the kickoff of Q1 reporting season. Sure, bank earnings were generally pretty good in Q4, but arguably all the fundamental elements really didn’t join the...