JPMorgan Chase & Co

Most Recent

  • jpm coin
    Cryptocurrency & Blockchain

    JPMorgan Cryptocurrency Goes Live

    By Rachel Curry
  • uploads///AdobeStock__Editorial_Use_Only
    Financials

    Why Wells Fargo Rose 3% despite Weak Q2 Results

    Wells Fargo (NYSE:WFC) stock rose 2.7% in the pre-market trading session today at 7:34 AM ET. Meanwhile, the S&P futures rose 1.1%.

    By Ambrish Shah
  • uploads///AdobeStock__Editorial_Use_Only
    Financials

    What to Expect from JPMorgan Chase’s Q2 Earnings

    Wall Street analysts expect JPMorgan Chase to post sales of $30.3 billion in the second quarter. The estimate represents growth of 2.5% YoY.

    By Ambrish Shah
  • uploads///Berkshire Hathaway BRK
    Fund Managers

    Berkshire Hathaway’s Q1 13F: Buffett Is on a Selling Spree

    Berkshire Hathaway (NYSE:BRK.B) released its first-quarter 13F on May 15 after the markets closed. Chairman Warren Buffett has been on a selling spree.

    By Mohit Oberoi, CFA
  • uploads///bank of america
    Financials

    Bank of America Stock Falls Due to Disappointing Q1 Results

    Bank of America (NYSE:BAC) stock fell 6.5% in pre-market trading on Wednesday after the company reported its first-quarter financial results.

    By Ambrish Shah
  • uploads///matthew foulds xHBvGPuMfU unsplash
    Earnings Report

    Higher Provisions Weigh on JPMorgan Chase’s Q1 Earnings

    JPMorgan Chase (NYSE:JPM) reported lower-than-expected first-quarter numbers today. Higher provisions weighed on the bank’s profitability.

    By Amit Singh
  • uploads///dmitry demidko eBWzFKahEaU unsplash
    Earnings Report

    Is It Pointless to Look at Big Banks’ Q1 Earnings?

    JPMorgan Chase will announce its first-quarter results before the markets open on April 14. Analysts expect the bank to post revenues of $29.7 billion.

    By Amit Singh
  • uploads///AdobeStock__Editorial_Use_Only
    Earnings Report

    JPMorgan Chase’s Q4 EPS Could See Stellar Growth

    JPMorgan Chase is set to report its fourth-quarter earnings results before the market opens on January 14. We expect its revenue to improve year-over-year.

    By Amit Singh
  • uploads///AdobeStock__Editorial_Use_Only
    Earnings Report

    Why Q4 Earnings Might Not Lift Wells Fargo Stock

    Wells Fargo will report its fourth-quarter earnings before the markets open on January 14. The revenues will likely decline in the fourth quarter.

    By Amit Singh
  • uploads///AdobeStock__Editorial_Use_Only
    Earnings Report

    Why Citigroup’s Q4 Earnings Could Lift Its Stock

    Citigroup will announce its fourth-quarter earnings before the markets open on January 14. The company’s revenue growth will likely accelerate.

    By Amit Singh
  • uploads///AdobeStock_
    Basic Materials

    Gold Continues to Shine amid Geopolitical Risks

    Recently, gold continued to rise. US gold futures rose for the eighth time in the last nine trading sessions and reached $1,582 levels per ounce today.

    By Vineet Kulkarni
  • uploads///AdobeStock__Editorial_Use_Only
    Financials

    Will Wells Fargo Stock Continue to Underperform in 2020?

    On January 2, Baird downgraded Wells Fargo (WFC) stock to “underperform” from “neutral.” Baird has a target price of $50.

    By Amit Singh
  • uploads///apple inc _
    Investments & Deals

    Apple Stock Gains 84% in 2019, Inches Closer to $300

    Shares of tech giant Apple Inc. (AAPL) gained a whopping 84% YTD (year-to-date). The stock is the best performing company on the Dow Jones this year.

    By Adam Rogers
  • uploads///Dish wireless
    Tech & Comm Services

    Investors Keeping Their Fingers Crossed for Dish Wireless

    The T-Mobile-Sprint merger would allow Dish to pick up their divested assets. Sprint’s prepaid wireless brands have over 8.4 million subscribers.

    By Ruchi Gupta
  • uploads///Dish rights offering
    Tech & Comm Services

    Dish Completes Rights Offering: How Big Is Its Funding Gap?

    Last month, Dish Network set out to raise cash through a rights offering. Dish completed the rights offering and raised about $1 billion in cash.

    By Ruchi Gupta
  • uploads///Dish SoftBank
    Tech & Comm Services

    Dish Stock Jumps after Chairman Mentions SoftBank in Merger Trial

    Dish stock jumped after Dish Network Chairman Charlie Ergen mentioned financial support from SoftBank in the T-Mobile–Sprint merger trial. We’ll look at what this support means to Dish.

    By Ruchi Gupta
  • uploads///AdobeStock__Editorial_Use_Only
    Financials

    JPMorgan Chase Stock: What Can Investors Expect?

    Keefe Bruyette & Woods downgraded JPMorgan Chase stock to “market perform” from “outperform.” The firm increased the target price to $135 from $128.

    By Amit Singh
  • uploads///DOW JONES
    Tech & Comm Services

    Dow Jones: Apple, MSFT, and Others Lead Gains Today

    The Dow Jones Industrial Average has risen 1.15% today, gaining over 300 points. Total non-farm payroll employment rose by 266,000 jobs in November.

    By Adam Rogers
  • uploads///banker counting cash money
    Company & Industry Overviews

    Ray Dalio, the Role of Credit, and the Economic Machine

    Credit is the most important part of the economy, leading to increased spending, increased income levels, higher GDP, and faster productivity growth.

    By Sybil Prowse
  • uploads///AdobeStock__Editorial_Use_Only
    Financials

    Raymond James Turns Bearish on Wells Fargo Stock

    On December 2, Raymond James downgraded Wells Fargo to “underperform” from “market perform.” It expects revenue and margin headwinds to dent the stock.

    By Amit Singh
  • uploads///AdobeStock_
    Company & Industry Overviews

    BB&T and SunTrust Get Regulatory Nod to Merge

    BB&T Corporation (BBT) and SunTrust Banks (STI) announced on November 19 that they’d received the necessary regulatory nod for their merger.

    By Amit Singh
  • uploads///AdobeStock__Editorial_Use_Only
    Company & Industry Overviews

    Can Tesla’s Pickup Truck Turn Analysts’ Tide in its Favor?

    Yesterday, Deutsche Bank (DB) bumped up its target price for Tesla (TSLA) by 12% after the company revealed the Tesla pickup truck on November 21.

    By Anuradha Garg
  • uploads///Apple Stock
    Company & Industry Overviews

    Apple Stock: JPM and Piper Jaffray Raised Its Target Price

    Apple stock is trading 0.5% higher in pre-market trading today. On Friday, two investment banks raised Apple’s target price.

    By Adam Rogers
  • uploads///Goldman Sachs lawsuit
    Company & Industry Overviews

    Goldman Sachs Settles Lawsuit but No “Mea Culpa”

    Goldman Sachs (GS) settled a lawsuit that alleged it rigged bond prices. Also, Deutsche Bank agreed to pay a fine of $15 million to settle a lawsuit.

    By Mohit Oberoi, CFA
  • uploads///AdobeStock_
    Company & Industry Overviews

    New Uber Bull Sees the Sell-Off as a Buying Opportunity

    Yesterday, Argus Research upgraded Uber stock from “hold” to “buy.” Let’s look at Uber and Lyft’s recent analyst rating changes.

    By Anuradha Garg
  • uploads///stock picture HJHQsQohM
    Consumer

    Wellington Management: Analyzing Its Top Holdings

    Wellington Management filed its 13F on Wednesday. Based on the filing, the market value of total publicly traded securities was around $443.45 billion.

    By Rabindra Samanta
  • uploads///Berkshire Hathaway F Buffett
    Consumer

    Berkshire Hathaway’s 13F: Will Buffett Surprise Us?

    Berkshire Hathaway’s (BRK.B) (BRK.A) 13F filing should be out by tomorrow. Does Warren Buffett have a surprise up his sleeve?

    By Mohit Oberoi, CFA
  • uploads///AdobeStock_
    Energy & Utilities

    Dimensional Fund Advisors’ Major Holdings in Q3

    Dimensional Fund Advisors’ top buys are Apple (AAPL), AT&T (T), Microsoft (MSFT), L3Harris Technologies (LHX), and Verizon Communications (VZ).

    By Rabindra Samanta
  • uploads///buffett and berkshire
    Financials

    Are Banks a Good Bet for Buffett and Berkshire?

    Banks comprise around 30% of Warren Buffett’s portfolio by market value. Out of Berkshire Hathaway’s portfolio of 46 stocks, five are commercial banks.

    By Rekha Khandelwal, CFA
  • uploads///cryptocurrency
    Company & Industry Overviews

    Are Cryptocurrencies and PayPal a Risk for Banking?

    Alternative options, such as cryptocurrencies or payment platforms like PayPal (PYPL), may impact banks in the long term. They are here to stay.

    By Rekha Khandelwal, CFA
  • uploads///AdobeStock_
    Company & Industry Overviews

    Why Bank Stocks Weren’t Impacted by Fed’s Rate Cut

    Shares of large US banks including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo were trading in the green in the after-hours.

    By Amit Singh
  • uploads///bank credit risk
    Company & Industry Overviews

    Must-Know: Credit and Liquidity Risks in Banking

    The top risks that every bank faces are credit risk and liquidity risk. We’ll look at the banks that managed this risk safely, and those that didn’t.

    By Rekha Khandelwal, CFA
  • uploads///bank operational risk
    Company & Industry Overviews

    Understanding a Bank’s Operational and Business Risks

    Banks experience operational risk in all daily bank activities, such as a check incorrectly cleared or a wrong order punched into a trading terminal.

    By Rekha Khandelwal, CFA
  • uploads///AdobeStock__Editorial_Use_Only
    Financials

    Citigroup Stock: Valuation Gap Indicates Further Upside

    Analysts expect Citigroup’s (C) EPS to increase at a double-digit rate in the coming quarters, which makes its valuation lucrative.

    By Amit Singh
  • uploads///AMAZON
    Consumer

    Amazon: Analysts Revise Target Price, Earnings Are a Concern

    Amazon (AMZN) shares are trading close to 4% in early-market today. The company announced its third-quarter results on Thursday. 

    By Adam Rogers
  • uploads///AdobeStock__Editorial_Use_Only
    Company & Industry Overviews

    Bank of America Stock: Analysts Are Upbeat

    Most of the analysts covering Bank of America stock recommend a “buy.” On Tuesday, Atlantic Equities upgraded the stock to “overweight” from “neutral.”

    By Amit Singh
  • uploads///WeWork
    Company & Industry Overviews

    WeWork: Hello Softbank, Goodbye JPM and Neumann?

    A few hours ago, Reuters reported that WeWork’s board would meet today to discuss financing proposals from Softbank and JPMorgan Chase.

    By Mike Sonnenberg
  • uploads///eloise ambursley LMIzhYnYJA unsplash
    Company & Industry Overviews

    Why WeWork Is Losing OTC Investors

    The WeWork IPO has gained a lot of attention in the last few weeks. The company seems to be facing a severe cash crunch, and it’s losing OTC investors.

    By Shankar Iyer
  • uploads///jorge aguilar vZTqSmZsQ unsplash
    Basic Materials

    Get Real: Misunderstood and Undervalued?

    In today’s Get Real, we focused on Bill Ackman’s Berkshire Hathaway comments, Mexico’s major cannabis milestone, earnings season, and much more.

    By Sybil Prowse
  • uploads///AdobeStock__Editorial_Use_Only
    Earnings Report

    Bank of America: Strong Q3 Earnings, Falling Rate Concerns

    Bank of America (BAC) had an impressive third-quarter performance. The bank’s revenues and earnings beat analysts’ expectations.

    By Amit Singh
  • uploads///DOW JONES
    Financials

    Dow Jones Gains 300 Points, United Health Rises 8%

    The Dow Jones Industrial Index has gained close to 300 points today. The earnings season kicked-off. Several companies reported their quarterly results.

    By Adam Rogers
  • uploads///AdobeStock__Editorial_Use_Only
    Earnings Report

    Goldman Sachs: Higher Provisions Hurt Its Q3 Earnings

    Lower revenues dragged Goldman Sachs’s third-quarter earnings down. The company’s earnings missed analysts’ estimates and fell 24% YoY.

    By Amit Singh
  • uploads///AdobeStock__Editorial_Use_Only
    Earnings Report

    Citigroup: Lower Taxes, Share Buybacks Boost Q3 Earnings

    Citigroup (C) announced stronger-than-expected third-quarter results today. The bank’s revenues were slightly ahead of analysts’ expectations.

    By Amit Singh
  • uploads///APPLE
    Consumer

    Apple Stock Gains 50%, Drives Dow Jones Higher in 2019

    Apple (AAPL) shares have gained close to 50% year-to-date. The stock is trading at $235.87, while it’s valued at $1.07 trillion.

    By Adam Rogers
  • uploads///AdobeStock__Editorial_Use_Only
    Earnings Report

    JPMorgan Beats Q3 Estimates, Low Rates Are a Concern

    JPMorgan Chase (JPM) posted better-than-expected third-quarter results. The bank’s revenues beat analysts’ expectations due to higher IB revenues.

    By Amit Singh
  • uploads///Banks
    Earnings Report

    Will Banks Have Disappointing Q3 Earnings?

    Major US banks will announce their third-quarter earnings on Tuesday. Lower interest rates and more competition could impact their net interest margin.

    By Amit Singh
  • uploads///DJIA
    Consumer

    Dow Jones: Apple, GS, INTC, and JPM Push Index Higher Today

    So far, the Dow Jones Industrial Average has gained 165 points or 0.63% at the time of writing today. The Dow Jones Industrial Average ETF (DIA) has also risen.

    By Adam Rogers
  • uploads///FedEx Stock
    Consumer

    Why FedEx Inspires ‘Limited Confidence’ Says Bernstein

    Another prominent Wall Street analyst cut his rating on FedEx this morning. Bernstein’s David Vernon downgraded the stock to “market perform.”

    By Anirudha Bhagat
  • uploads///stanislaw zarychta nfUHbqr unsplash
    Company & Industry Overviews

    Why Did Apple CEO Tim Cook Slam Private Cryptos?

    Apple CEO Tim Cook dashed all hopes of a proprietary virtual crypto for the foreseeable future. Here’s why he’s “not comfortable with the idea.”

    By David Moadel
  • uploads///Dow Jones
    Consumer

    Dow Jones Falls by 300 Points, S&P 500 Falls 1.33% Today

    The markets are trading lower today. The Dow Jones Industrial Average Index has fallen by 300 points or 1.14% at the time of this writing.

    By Adam Rogers
  • uploads///AdobeStock__Editorial_Use_Only
    Financials

    Apple Stock: Nomura Instinet Increased Its Target Price

    Apple (APPL) stock received another target price upgrade today. Investment firm Nomura Instinet increased the stock’s target price from $185 to $205.

    By Adam Rogers
  • uploads///iPhone
    Financials

    Apple Stock Gains with iPhone Production Boost

    Apple has increased its iPhone 11 production by 8 million units, or 10% year-over-year. The news sent Apple stock 2% higher in early trading today.

    By Adam Rogers
  • uploads///Apple
    Financials

    Apple Stock Gains, J.P. Morgan Increases Target Price

    Apple (AAPL) shares are trading 1.5% higher today at the time of this writing. Apple has gained today. J.P. Morgan increased its target price on the stock.

    By Adam Rogers
  • uploads///AdobeStock_
    Consumer

    Trump Impeachment: Cramer and Wall Street Weigh In

    On Tuesday, Nancy Pelosi, the speaker of the House of Representatives, formally ordered an investigation into President Trump’s impeachment.

    By Anuradha Garg
  • uploads///iPhone
    Company & Industry Overviews

    Apple’s iPhone 11 Could Drive Fiscal 2020 Sales

    Apple’s (AAPL) iPhone 11 preorders have been encouraging. Furthermore, demand for the iPhone 11, Pro, and Pro Max are exceeding supply chain expectations.

    By Adam Rogers
  • uploads///erol ahmed lnzRaMVmI unsplash
    Company & Industry Overviews

    Verizon and Wells Fargo Are Getting on the Blockchain

    Verizon (VZ) and Wells Fargo (WFC) are taking steps to integrate blockchain technology into their business models. Here’s why.

    By David Moadel
  • uploads///American Airlines Stock
    Financials

    American Airlines Stock: Should Investors Buy It Now?

    American Airlines (AAL) stock has had a rough ride so far this year. The current dip in its share price could be a buying opportunity for investors.

    By Anirudha Bhagat
  • uploads///icons team Ph_TnXXYE unsplash
    Consumer

    Why Is Bitcoin Stuck in a Holding Pattern?

    If there’s one thing critics and fans agree on when it comes to Bitcoin, it’s the volatility factor. The moves are big, and timid investors need not apply.

    By David Moadel
  • uploads///Trump Rate Cut Trade War
    Consumer

    Will the Rate Cut Force Trump to Abandon the Trade War?

    In a second consecutive instance of monetary easing, the Fed cut the federal funds rate by 25 basis points to 1.75%–2% yesterday.

    By Mike Sonnenberg
  • uploads///FedEx Stock
    Consumer

    FedEx Stock: Analysts Downgrade It after Outlook Cut

    FedEx (FDX) stock faced rating downgrades following its dismal first-quarter results and lower outlook for fiscal 2020.

    By Anirudha Bhagat
  • uploads///DOW JONES
    Financials

    Dow Jones Index Reverses Losses, Closes Up 0.13%

    The Dow Jones Industrial Average Index rose 36.28 points for a 0.13% increase today. The S&P 500 Index gained 0.07% while tech ETFs mirrored that increase.

    By Adam Rogers
  • uploads///eloise ambursley LMIzhYnYJA unsplash
    Company & Industry Overviews

    WeWork’s Failed IPO: What’s Really Worrying Investors

    The We Company has pulled the plug on WeWork’s IPO. Are prospective investors worried that Adam Neumann will end up being another Elon Musk?

    By David Moadel
  • uploads///WeWork IPO The WE Company
    Company & Industry Overviews

    WeWork IPO Shelved, Unicorn Stocks Lose Luster

    WeWork, which was expected to go public this month, has suspended its IPO at least until next month after a lackluster response from potential investors.

    By Mike Sonnenberg
  • uploads///mobile banking
    Company & Industry Overviews

    US Banking Sector: Key Trends and Outlook

    Changes in technology have reshaped the banking sector. Banks are increasingly collaborating with fintech firms to improve their customer service.

    By Rekha Khandelwal, CFA
  • uploads///bank
    Company & Industry Overviews

    An Overview of the US Banking Sector

    The banking sector plays a pivotal role in our daily lives. This series explores the sector, its driving factors, and its key indicators and latest trends.

    By Rekha Khandelwal, CFA
  • uploads///Rate cut trump
    Consumer

    Trump Demands a 2% Rate Cut: 2020 Election Strategy?

    Yesterday, in a series of late-night tweets, President Trump attacked the Federal Reserve and Jerome Powell again, calling them “boneheads.”

    By Mike Sonnenberg
  • uploads///Bank stocks
    Financials

    Why Did Banks Rise despite the Lower Outlook?

    Top US banks lowered their NII guidance due to the lower interest rate environment. Bank stocks closed higher despite the guidance cut.

    By Amit Singh
  • uploads///AAL Plane
    Financials

    American Airlines Stock Rose 5.6% Last Week

    American Airlines (AAL) stock rose 5.6% last week. There was continued momentum in American Airlines shares.

    By Anirudha Bhagat
  • uploads///AdobeStock_
    Financials

    JPMorgan and Bank of America: Time to Buy Stocks

    In August, JPMorgan Chase (JPM) and Bank of America Merrill Lynch (BAC) suggested that investors not buy just yet. Their opinions are now changing.

    By Anuradha Garg
  • uploads///AdobeStock_
    Basic Materials

    UBS Turns Bearish on Stocks, Recommends Gold Instead

    On Monday, Bloomberg reported that UBS Global Wealth Management turned underweight on equities for the first time since the Eurozone crisis.

    By Anuradha Garg
  • uploads///AdobeStock__Editorial_Use_Only
    Consumer

    Lyft Stock Rises on Guggenheim Upgrade—More Upside?

    Today, Lyft stock was up about 3% at 10:10 AM ET after Guggenheim upgraded it from “neutral” to “buy.” Guggenheim started covering Lyft in April.

    By Anuradha Garg
  • uploads///bank stocks
    Financials

    Bank Stocks Falter despite Buffett’s Backing

    Warren Buffett is betting big on bank stocks. Banks stock had an impressive financial performance in the first half of the year.

    By Amit Singh
  • uploads///AdobeStock_
    Financials

    Investors’ Obsession with Yield Curve Inversion

    You’ve likely heard about it in the financial press recently: this ominous, notorious thing called the “yield curve inversion.”

    By David Moadel
  • uploads///Gold
    Financials

    Gold: Mark Mobius Thinks Golden Years Are Ahead

    Mark Mobius endorsed gold. He predicted that gold (GLD) might top $1,500, which came true. The commodity traded at $1,514.5 at 8:45 AM ET.

    By Mike Sonnenberg
  • uploads///Beyond Meat
    Consumer

    Why Is Beyond Meat Stock Rising Today?

    Beyond Meat shares have risen today. The stock rose more than 7% in early market trading. J.P. Morgan upgraded the stock to “overweight” from “neutral.”

    By Adam Rogers
  • uploads///Volcker rule
    Financials

    Could Volcker Rule Reforms Hurt in the Next Recession?

    The US Comptroller of the Currency approved changes to the Volcker Rule. The rule originated after the 2008–2009 financial crisis.

    By Mohit Oberoi, CFA
  • uploads///AdobeStock_
    Financials

    JPMorgan and BofA: Don’t Buy the Market Dip Just Yet

    JPMorgan Chase suggests waiting until September before returning to stocks. The markets will likely make new all-time highs in the first half of 2020.

    By Anuradha Garg
  • uploads///larry kudlow us economy recession
    Financials

    Kudlow Doesn’t See a Recession, Trump Might Fear One

    White House economic advisor Larry Kudlow doesn’t see a looming recession. However, recession fears grew as the yield curve inverted last week.

    By Mohit Oberoi, CFA
  • uploads///Bank Stocks
    Financials

    Bank Stocks Fell Due to Recession Fears

    Major US bank stocks had a rough day on Wednesday. Notably, recession fears gripped the overall market. Investors shouldn’t rush to buy bank stocks.

    By Amit Singh
  • uploads///WeWork IPO The WE Company
    Company & Industry Overviews

    WeWork IPO Filing: Revenues, Op Losses Double in 1H19

    During the first six months of 2019, WeWork’s revenues and losses from operations almost doubled compared to the same period in 2018.

    By Mike Sonnenberg
  • uploads///Beyond Meat
    Company & Industry Overviews

    Beyond Meat: Movement or Just a Fad?

    After Beyond Meat’s (BYND) stock rose to more than nine times its IPO price in less than three months, it fell 28% from its high of $234.9 on July 26.

    By Rekha Khandelwal, CFA
  • uploads///AdobeStock_
    Company & Industry Overviews

    Why Is GE Stock Surging Today?

    General Electric stock got a boost today after remaining on a downward trajectory since the release of its second-quarter results on July 31.

    By Anuradha Garg
  • uploads///WeWork IPO The WE Company
    Company & Industry Overviews

    The WeWork IPO: Will It Follow UBER or BYND?

    WeWork is looking to raise about $3.5 billion with its IPO, making it the second-largest biggest IPO this year after Uber’s IPO in May.

    By Mike Sonnenberg
  • uploads///goldman sachs
    Consumer

    Goldman Sachs: The Best Way to Beat the Trade War

    On August 12, in a note, Goldman Sachs’s David Kostin said, “Services stocks have less exposure to trade conflict given they have lower foreign input costs.”

    By Rabindra Samanta
  • uploads///AdobeStock_
    Financials

    Chinese Stocks Concern JPMorgan and Goldman Sachs

    On Monday, Bloomberg reported that JPMorgan Chase (JPM) and Goldman Sachs (GS) are cautious about their outlook for Chinese stocks.

    By Anuradha Garg
  • uploads///Grounded Planes
    Financials

    Boeing MAX Crisis: More Pain for Three Big US Airlines

    Southwest Airlines, American Airlines, and United Airlines own 72 Boeing (BA) 737 MAX planes. The airlines have already lost billions of dollars in foregone revenues.

    By Anirudha Bhagat
  • uploads///art big data blur
    Company & Industry Overviews

    Amazon Cloud’s Rise Has Drawn the Fed’s Attention

    Some of the top US financial services companies host their data on Amazon’s cloud. Amazon’s rise in the financial sector has caught the Fed’s attention.

    By Ruchi Gupta
  • uploads///banks
    Financials

    Fed’s Rate Cut Weighed on Big Banks’ Stocks

    The Fed announced a 25 basis point rate cut on Wednesday to a target range of 2%–2.25%. The Fed’s rate cut came after more than a ten-year hiatus.

    By Amit Singh
  • uploads///AdobeStock_
    Consumer

    Goldman Sachs Has Mixed Feelings about the S&P 500 in 2019

    Goldman Sachs increased its year-end S&P 500 target to 3,100 from 3,000. It also reduced its 2019 earnings estimate for the S&P 500 by $6.

    By Anuradha Garg
  • uploads///Q banks earnings
    Company & Industry Overviews

    How Warren Buffett’s Banking Investments Look after Q2

    Warren Buffet loves banking stocks. Out of his current portfolio of 47 stocks, five are commercial banks, including two regional banks.

    By Rekha Khandelwal, CFA
  • uploads///warren buffett
    Financials

    Should Warren Buffett Be Adding Banking Stocks?

    In a regulatory filing, Berkshire Hathaway (BRK-B) revealed that it had increased its stake in Bank of America (BAC).

    By Mohit Oberoi, CFA
  • uploads///AdobeStock_
    Company & Industry Overviews

    IBM Rattles Internet Giants as Blockchain Goes Global

    IBM’s blockchain innovations are starting to get noticed. Three banks have teamed up with mall owner Scentre Group to test its blockchain platform.

    By Ruchi Gupta
  • uploads///AdobeStock_
    Consumer

    Fund Managers Increased Risk but Still Fear Slowdown

    Despite the markets hitting record highs, not many fund managers are in an optimistic mood.

    By Anuradha Garg
  • uploads///BAC
    Earnings Report

    Bank of America Posts Mixed Q2 Results Amid Rate Cut Concerns

    On Wednesday, Bank of America (BAC) reported mixed second-quarter results. The bank’s profitability beat analysts’ expectation.

    By Amit Singh
  • uploads///paypal
    Company & Industry Overviews

    PayPal Expands Xoom to Europe: Are Big Banks Paying Attention?

    Yesterday, PayPal (PYPL) announced that it would expand Xoom, which is its international money transfer service, to 32 markets in Europe.

    By Mohit Oberoi, CFA
  • uploads///JPMorgan
    Earnings Report

    JPMorgan Beats Estimates, but Lower Interest Is a Worry

    Despite its second-quarter earnings beat, JPMorgan Chase (JPM) was trading about 1.6% lower in the premarket session on Tuesday.

    By Amit Singh
  • uploads///SP  target
    Financials

    S&P 500: Why MS and JPM Are at Odds about Upside

    In contrast to Morgan Stanley’s view, J.P. Morgan (JPM) upped its price forecast for the S&P 500 (SPY) from 3,000 to 3,200 on July 15.

    By Anuradha Garg
  • uploads///Banks Earnings
    Earnings Report

    What to Expect from Big Banks’ Earnings This Week

    Many big banks in the US plan to announce their second-quarter earnings this week.

    By Amit Singh
  • uploads///mistake _
    Macroeconomic Analysis

    Why JPM’s Chief Global Strategist Says a Rate Cut Won’t Help

    J.P. Morgan’s (JPM) chief global strategist, David Kelly, told CNBC yesterday that he doesn’t think that rate cuts will boost the US economy.

    By Anuradha Garg
  • uploads///adult _
    Earnings Report

    What to Expect from JPMorgan Chase in Q2

    JPMorgan Chase (JPM) is scheduled to announce its second-quarter results before the markets open on July 16.

    By Amit Singh
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.