Analysts at JPMorgan now assert that optimism among individual investors in cryptocurrencies is on the rise, with a brighter market forecast following extreme downturns. JPMorgan revealed in a researc...
Tag: jpmorgan
JPMorgan Sees Retail Demand Improving, Ending ‘Intense Phase’ of Deleveraging
JPMorgan Chase & Co. (JPM), a US investment banking giant, issued a report on Thursday stating that demand among retail investors in the crypto market is improving. The report further said that th...
JPMorgan Trader Spoofed So Fast Colleagues Urged Ice on Fingers
(Bloomberg) — Gregg Smith clicked his computer mouse so rapidly to place and cancel bogus gold and silver orders for Bear Stearns Cos. and later JPMorgan Chase & Co. that his colleagues woul...
Banking Giant JPMorgan Says Lowered Cost of Bitcoin Production May Hurt Its Price – Here’s Why
Analysts at financial giant JPMorgan say the reduced cost of producing Bitcoin (BTC) may hurt the price of the leading digital asset. According to a new report, JPMorgan analysts say Bitcoin’s cost of...
JPMorgan Gold Trader Turned Whistle-Blower Admits to Lies
(Bloomberg) — When FBI agents knocked on the door of his Brooklyn, New York, home in August 2018, trader John Edmonds told them he didn’t know anything about gold and silver price manipulation a...
JPMorgan Releases Q2 2022 Financial Earnings, Falls Below Analysts’ Expectations
According to JPMorgan, its Q2 2022 results fell below Wall Street’s expectations in EPS and revenue because of bad loan reserves. JPMorgan has finally released its Q2 2022 earnings report showing earn...
JPMorgan Chase Reports Cost Of Bitcoin Production Has Fallen To $13,000
JPMorgan Chase analysts have estimated that Bitcoin’s production cost has dropped by around $7000 over the past month. The drop in production costs could indicate a further drop in the price of Bitcoi...
JPMorgan shares nosedive as bank misses earnings and pauses buybacks
On July 14, JPMorgan Chase & Co (NYSE: JPM) reported its earnings for the second quarter. The bank missed estimates for both revenue and EPS ($2.76 EPS vs. $2.89), while the net income reported wa...
JPMorgan: costs of Bitcoin mining dropped
According to JPMorgan Chase, the cost of Bitcoin mining in recent times has almost halved. JPMorgan: mining costs dropped significantly According to Bloomberg, a group of JPMorgan strategists, led by...
JPMorgan CEO Dimon sums up U.S. economy in one paragraph — and it sounds bad
Jamie Dimon, chief executive officer of JPMorgan Chase & Co. Christophe Morin | Bloomberg | Getty Images JPMorgan Chase CEO Jamie Dimon on Thursday summarized the state of the U.S. economy in one ...
Bitcoin production cost decline could be a negative for price, JPMorgan says
JPMorgan Chase & Co. strategists said that Bitcoin’s (BTC) cost of production is down by almost half to $13,000 presently from $24,000 at the start of June, Bloomberg News reported July 14, The N...
JPMorgan Chase, Goldman Sachs, Conagra Brands and more
Pedestrians pass in front of a JPMorgan & Chase bank branch automated teller machine (ATM) kiosk in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Check out the companies...
JPMorgan Q2 results: ‘I found the release very discouraging’
JPMorgan Chase & Co (NYSE: JPM) is down 3.0% on Thursday after the largest U.S. bank reported weaker-than-expected quarterly profit in the face of geopolitical tensions, inflationary pressures, an...
JPMorgan (JPM) 2Q 2022 earnings miss
JPMorgan Chase said Thursday that second-quarter profit slumped as the bank built reserves for bad loans by $428 million and suspended share buybacks. The actions reflect Chairman and CEO Jamie Dimon&...
Dow Plunges 600 Points After ‘Underwhelming’ JPMorgan, Morgan Stanley Earnings As Investors Fear Even Bigger Rate Hikes
Topline The stock market plunged on Thursday as several big banks kicked off earrings season with disappointing results and warnings about the economy, while investors continue to worry that surging i...
JPMorgan, Taiwan Semiconductor, Ericsson and more
Check out the companies making headlines before the bell: JPMorgan Chase (JPM) – JPMorgan Chase was down 2.9% in premarket trading after falling 12 cents shy of estimates with a quarterly profit of $2...
JPMorgan Halts Share Buybacks as Earnings Miss Estimates
(Bloomberg) — JPMorgan Chase & Co. temporarily suspended share buybacks and reported second-quarter results that fell short of analysts’ estimates, driving the stock lower. Most Read from Bl...
JPMorgan net income falls, misses estimates
JPMorgan Chase & Co. JPM, -0.94% shares fell 3.5% in premarket trades on Thursday after the megabank missed its profit target in the face of geopolitical tension, high inflation and weaker consume...
JPMorgan Spoofed Gold to Keep Hedge Funds Happy, Ex-Trader Says
(Bloomberg) — Big hedge funds like Moore Capital Management and Tudor Capital Corp. were so important to JPMorgan Chase & Co. that its precious-metals traders routinely manipulated gold and ...
JPMorgan Says Bitcoin’s Cost of Production Has Dropped Dramatically
Alex Dovbnya American banking giant JPMorgan has noted that Bitcoin’s price has declined significantly American banking giant JPMorgan has estimated that the cost of production of one Bitcoin has plun...
JPMorgan Says Bitcoin Cost of Production May Be Down to $13,000
(Bloomberg) — Bitcoin’s cost of production has dropped from about $24,000 at the start of June to around $13,000 now, which may be seen as a negative for pricing, according to JPMorgan Chase &am...
JPMorgan Earnings Are Coming. What to Expect.
Text size Analysts expect JPMorgan Chase’s earnings to drop nearly 25% year over year. David Paul Morris/Bloomberg Another bank earnings season is upon us. JPMorgan Chase will step up to the pla...
JPMorgan Says Bitcoin Production Cost Drops 50% to $13,000, Why This Is Negative for BTC?
Wall Street banking JPMorgan has recently published a report that suggests that the Bitcoin production cost has dropped 50% over the last month. Currently, the BTC production cost stands at $13,000 do...
Cost of Producing Bitcoin Dropped to around $13,000, says JPMorgan
The cost of producing Bitcoin has gone negative as it dropped from about $24,000 at the start of June to around $13,000 now, according to JPMorgan Chase & Co. Bloomberg reported, citing a note fro...
JPMorgan loses 3 executives to crypto industry jobs
Three executives of JPMorgan, Eric Wragge, Samir Shah, and Puja Samuel, left the financial giant last week for jobs in the crypto industry. JP Morgan, the most powerful bank in the world, the bank tha...
Some beaten-down tech stocks are now ‘outright cheap’: JPMorgan
Some battered tech stocks could finally be worth a nibble based on attractive valuations, strategists at JPMorgan argued in a recent note. “On the price-to-sales metric, non-profitable tech is c...
JPMorgan, Delta, Morgan Stanley, TSMC, and Other Stocks for Investors to Watch This Week
Text size Second-quarter earnings season is here. More than a dozen S&P 500 firms report this week, including several major banks. JPMorgan Chase and Morgan Stanley go first on Thursday, followed ...
JPMorgan Gold Desk Ripped Off Market for Years, Jurors Told
(Bloomberg) — The precious-metals business at JPMorgan Chase & Co. operated for years as a corrupt group of traders and sales staff who manipulated gold and silver markets for the benefit of...
JPMorgan Loses Top Executives to Crypto Firms
The first of the three executives who left JPMorgan is Samuel Shah. Shah, until his exit, was head of the bank’s Ideation and Digital Innovation department. This week would go down as a significant on...
JPMorgan Lost These Three Execs To Crypto Firms This Week Despite ‘Crypto Winter’ ⋆ ZyCrypto
Advertisement     JPMorgan Chase & Co., America’s largest bank, has witnessed the departure of three of its top executives this week. In what seems like a cruciall...
Three Top JPMorgan Executives Jump Ship to Crypto Startups
According to Fortune media, three top executives at JPMorgan have left the leading major bank to join the cryptocurrency industry. Despite the current crypto winter, this week has seen three executiv...