Financial services giant JPMorgan says crypto assets have now surpassed real estate in terms of growth potential. According to a new report by Fortune, JPMorgan strategists guided by Nikolaos Panigirt...
Tag: jpmorgan
JPMorgan Says Bitcoin Is Undervalued By 28%, Says Cryptocurrencies Are Now A ‘Preferred Alternative Asset’
getty Despite the crypto slump, banking giant JPMorgan says bitcoin is massively undervalued. Maintaining its estimate of bitcoin’s fair value at $38,000, the bank today reiterated the assessmen...
JPMorgan says Bitcoin and crypto is now its preferred ‘alternative asset class’
After a steep decline in cryptocurrency prices, JPMorgan (NYSE: JPM) has said that the fair price of Bitcoin is 28% higher than its present level, implying that there is a “considerable upside from he...
Dow Jones Jumps As Biden Says This On China; JPMorgan Chase Leads Bank Stocks Higher
The Dow Jones Industrial Average rallied on comments by President Joe Biden, with Apple (AAPL) one of the top performers. JPMorgan Chase (JPM) led bank stocks higher after the firm gave bullish guidan...
JPMorgan Fuels Rally in Banks and the US Stock Market
(Bloomberg) — JPMorgan Chase & Co. jumped by the most in 18 months on Monday after chief executive officer Jamie Dimon gave the country’s largest bank, and the US stock market, a boost with ...
JPMorgan Chase, Gap, VMWare & more
People pass the JP Morgan Chase & Co. Corporate headquarters in the Manhattan borough of New York City. Mike Segar | Reuters Check out the companies making headlines in midday trading. JPMorga...
Dow Soars 600 Points As JPMorgan Rallies—But ‘Vicious’ Bear Market Risks Keep Experts On Edge
Topline Fresh off the S&P 500’s brief plunge into bear-market territory, financial stocks led a staggering market rally on Monday after bullish news from the nation’s largest lender, b...
BNP Paribas Joins Onyx Digital Assets from JPMorgan Chase
Though new, the Onyx Digital Assets platform is gradually gaining a fair market share of the repo market that is currently dominated by the US Government, thanks in part to the embrace from financial ...
JPMorgan backtracks on key target, says it can reach 17% returns this year
Jamie Dimon, CEO of JPMorgan Chase speaks to the Economic Club of New York in New York, January 16, 2019. Carlo Allegri | Reuters JPMorgan Chase on Monday reversed course on guidance it gave in Januar...
Expert opinion: JPMorgan stock down 30% isn’t ‘that appealing’
For most, JPMorgan Chase & Co (NYSE: JPM) trading at its pre-pandemic valuation would look like a treat. But David Wagner, for one, still doesn’t find the stock “that appealing”....
Jamie Dimon Dealt Rare Blow as JPMorgan Holders Reject Pay Plan
(Bloomberg) — Jamie Dimon was handed a rare defeat from shareholders as they rejected a pay proposal, just months after the board unfurled lucrative incentives for the JPMorgan Chase & Co. c...
JPMorgan investors hand Dimon rare rebuke, object to $53 million bonus
JP Morgan Chase & Co. Chairman & Chief Executive Officer Jamie Dimon testifies before the House Financial Services Committee on accountability for megabanks in the Rayburn House Office Buildin...
Here’s Why JPMorgan Upgraded Alibaba, Other Chinese Stocks Months After Calling Them ‘Uninvestable’
Motley Fool 2 Reasons Why Sea Limited Stock Is Falling Today Shares of Sea Limited (NYSE: SE), a digital entertainment and e-commerce company, were tumbling today likely for two reasons. First, some i...
Stock Markets Are Overpricing Recession Risk, JPMorgan Strategist Says
(Bloomberg) — Equity investors’ anxiety about a potential recession isn’t showing up in other parts of the market, which is giving JPMorgan Chase & Co. strategist Marko Kolanovic confidence ...
Favorable Risk/Reward Clouded By Short-Term Uncertainty
NEW YORK – JANUARY 16: The JPMorgan Chase building in midtown Manhattan is seen January 16, 2008 in … [+] New York City. JPMorgan Chase announced that fourth quarter income has dropped ove...
This JPMorgan portfolio manager says he isn’t betting on a U.S. recession
In a wobbly stock market, Phil Camporeale, a portfolio manager at JPMorgan Chase & Co., is betting the U.S. will avoid a recession. Rising interest rates are the “number one culprit this year for...
JPMorgan and Goldman Sachs are monitoring how often employees are coming into the office—but experts say that approach could backfire
You probably don’t think twice when you swipe your ID badge to get into your office in the morning, but your employer might be paying attention. JPMorgan Chase made headlines in April when Business In...
JPMorgan says this is the only sector seeing ‘quality, growth and momentum scores’ improve all at the same time
JPMorgan says this is the only sector seeing ‘quality, growth and momentum scores’ improve all at the same time Energy stocks are some of the top performers in the market. But according to...
Goldman And JPMorgan May Cover Employees’ Abortion Travel Expenses, Report Says
Topline Goldman Sachs and JPMorgan Chase are considering paying for travel costs if employees need to leave their home state to receive an abortion, Bloomberg reported Thursday, after a leak showed th...
JPMorgan CEO Jamie Dimon Expresses Doubts About Crypto But Believes That “Not All Of It Is Bad” ⋆ ZyCrypto
Advertisement     Jamie Dimon, CEO, and Chairman of JPMorgan Chase recently sat down with 3 News Now, in an interview where they talked about an array of things in the...
Fearful Investors Should Buy Credit, Sell Stocks, JPMorgan Says
(Bloomberg) — Investors looking to protect themselves against more market turmoil should think about selling some blue chip companies’ shares and buying the corporations’ bonds instead, accordin...
Stock Market Rebound Not Far Off as ‘Fears Overblown,’ JPMorgan Strategists Say
(Bloomberg) — The negativity in the U.S. stock market has become so overwhelming that a rebound may not be far off, JPMorgan Chase & Co.’s strategists say. Most Read from Bloomberg In a note...
JPMorgan CEO Jamie Dimon Skeptical of Crypto but Says ‘Not All of It Is Bad’ – Featured Bitcoin News
Jamie Dimon, the CEO of JPMorgan Chase, says that he does not particularly like crypto but will defend your right to invest in it. However, he sees benefits in some aspects of digital currency. JPMorg...
General Dynamics stock target raised at JPMorgan but should you buy it?
General Dynamics Corporation (NYSE:GD) was assigned an overweight rating at JPMorgan with a price target of $260. This was after its earnings per share of $2.61 in the first quarter, surpassing estima...
When Will Coinbase Stock Hit Bottom? JPMorgan Sees Bigger Losses Ahead
Text size Some analysts are getting more bearish on Coinbase stock. Tiffany Hagler-Geard/Bloomberg When will Coinbase stock finally hit bottom? Investors in the crypto exchange have been riding a slid...
JPMorgan Cuts Price Target Of Three Electrical Equipment Companies
TechCrunch Lyft doubles micromobility footprint with PBSC acquisition Lyft has signed an agreement to acquire PBSC Urban Solutions, a Canadian supplier for bikeshare equipment and technology, in a mov...
JPMorgan Loses Lead Role on China Deal After ‘Uninvestable’ Call
(Bloomberg) — JPMorgan Chase & Co. was removed as the most senior underwriter for Kingsoft Cloud Holdings Ltd.’s Hong Kong stock offering after one of the bank’s analysts cut the share-price...
JPMorgan CEO warns of ‘powerful forces’ threatening U.S. economy into a recession
Jamie Dimon is changing his tune on the chances of a recession hitting, as even America’s biggest banks seem powerless to stop the forces at play. One year ago, almost to the day, the JPMorgan Chase C...
JPMorgan CEO Jamie Dimon Opines that ‘Powerful Forces’ Put US Economy at Risk of Recession
According to Jamie Dimon, the US economy is at risk of recession following the Fed’s recent hawkish stance along with the war in Eastern Europe. JPMorgan CEO Jamie Dimon believes that “powerful forces...
Buy JPMorgan Stock. Despite Losing Some of Its Swagger, Shares Are Cheap.
There is a little less swagger than usual at JPMorgan Chase these days, and that’s probably good news for investors. Shares of the bank, the industry leader in market value and profits, are down 17% t...