JPMorgan
JPMorgan CEO Jamie Dimon congratulated Donald Trump on winning the White House.In a memo to staff, Dimon and other top JPM executives called for “bringing our nation together.”Dimon, who did not endorse a candidate, has become increasingly vocal about threats to democracy. Leaders from across Wall Street are addressing Donald…
By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase (NYSE:), the largest U.S. lender, plans to enter Kenya and Ivory Coast this year and grow its footprint in Africa, CEO Jamie Dimon told Reuters. International markets are a growth area for JPMorgan, which has more than $4.2 trillion in assets…
JPMorgan Chase (NYSE: NYSE:) reported a net income of $12.9 billion for the third quarter of 2024, with earnings per share (EPS) of $4.37 and total revenue of $43.3 billion, marking a 6% year-on-year increase. Key Takeaways:• Net income: $12.9 billion • EPS: $4.37 • Total revenue: $43.3 billion (6%…
By Swati Bhat MUMBAI (Reuters) – JPMorgan, the largest bank in the U.S., is bullish on India and Japan within Asia but is also keen to allocate resources towards Southeast Asia, which is benefiting from the “China Plus One” strategy, a top official at the bank said. “India is still…
Investing.xom — After weeks of volatility, prices have bounced back by over $5 per barrel from recent lows, though they remain down $8 per barrel from levels a month ago. The key question now is whether this rally will extend or fade. Analysts at J.P. Morgan are cautiously optimistic, pointing…
In a recent note to clients, JPMorgan delved into the relationship between economic growth and long-term equity returns, with a focus on developed markets (DM) and emerging markets (EM). In developed markets (DM), JPMorgan finds a clear link between economic growth and equity returns. A 1% increase in long-term real…
Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today! AI-driven iPhone 16 could kick off a supercycle for Apple: Wedbush The AI-driven launch of the iPhone 16 in…
Dimon joined the list of CEOs who spoke out against the shooting with a companywide email to employees sent Sunday, which BI confirmed.Dimon wrote his message on behalf of the “entire leadership team” at the company and said his thoughts were with former President Trump and his family, along with…
JPMorgan Chase & Co. (JPM) has reported a robust financial performance for the second quarter of 2024, with a net income of $18.1 billion and earnings per share (EPS) of $6.12 on revenue of $51 billion. These figures include a substantial net gain from the sale of Visa (NYSE:) shares…
(Updated – July 12, 2024 9:54 AM EDT) JPMorgan (JPM) reported a robust second quarter, with earnings surpassing analyst expectations, but its stock declined, falling over 2% at the open. The financial giant announced an EPS of $4.40, which was $0.26 higher than the consensus estimate of $4.14. The firm’s…
