J.P. Morgan

Expensive valuations of the S&P 500 index, combined with all-time high U.S. household equity holdings, have been signaling high investor optimism despite looming uncertainties surrounding fiscal policies. What Happened: As the market is grappling with uncertainties around the tariff and tax-...

The shocking downfall of SVB Financial Group (NASDAQ: SIVB) has stolen the spotlight in the banking sector this week, but the banking industry's woes may be much more serious than SVB's downfall. What Happened? SVB shares dropped 60% on Thursday after the bank announced a plan to raise more...

The Invesco QQQ Trust (NASDAQ: QQQ) traded higher by 0.6% on Wednesday morning as the Nasdaq looks to extend its winning streak to eight consecutive days. Unfortunately, JPMorgan Chase & Co. (NYSE: JPM) says investors shouldn't chase the recent rally. The Nasdaq Composite was hit...

Boeing Co. (NYSE: BA) held an Investor Day to showcase its Boeing 737 plant and for investors to meet with company executives to discuss strategic priorities, business updates and financial goals. The last Investor Day Boeing had was in 2018 and the company has not provided meaningful forward...

FTX CEO Sam Bankman-Fried shared key takeaways from the recent crypto bear market and the bailing out of companies during the time. The CEO also shares what went into what companies to support and being labeled the J.P. Morgan of cryptocurrency. What Happened: An effort to bail out cryptocurrency...

The United States Oil ETF (NYSE: USO) dropped 1% but the Energy Select Sector SPDR Fund (NYSE: XLE) gained 0.5% on Wednesday as investors digest mixed data on the strength of the global economy and the outlook for energy demand. Brent crude oil dropped 2.5% to $96.78 per barrel, while WTI crude...

The ancillary cannabis company Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM), announced Wednesday that it priced an underwritten public offering of 4.81 million of its shares at a price of $59 per share to collect roughly $269.3 million. The lead book-running managers for the...

Big bank earnings season is just around the corner, and U.S. Bancorp (NYSE: USB) landed a big Wall Street upgrade on Thursday ahead of its upcoming report. The Analyst: J.P. Morgan analyst Vivek Juneja upgraded U.S. Bancorp from Neutral to Overweight and raised his price target from $53 to $60....

Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened On Nov. 6, 1907, a ship carrying $7 million in gold arrived from London to revive the floundering U.S. economy. Where The Market Was The Dow Jones Industrial Average was in the midst of...

U.S. banks aim to leverage fintech in the payments, financial markets, data and blockchain spaces. “In 2019 YTD, U.S. banks have participated in 24 equity deals to fintech companies. This follows a record 2018, where U.S. banks backed 45 equity deals to fintech startups -- a 180% increase...

Tesla Inc (NASDAQ: TSLA) shares were surprisingly resilient Thursday morning after the company reported first-quarter earnings that disappointed Wall Street analysts across the board. Tesla reported an EPS loss of $2.90, which missed the consensus analyst estimates. First-quarter revenue was $4.54...

Weapons technology company Axon Enterprise Inc. (NASDAQ: AAXN) reported a third-quarter earnings and sales beat Tuesday. Despite a surge in net income and a revenue increase of roughly 16 percent, the stock fell substantially following the report. The Analyst JPMorgan...

Allogene Therapeutics is set to begin trading on the Nasdaq Stock Exchange under the ticker symbol “ALLO.” The stock is expected to debut Thursday, Oct. 11, although an official IPO date has not yet been released. The Details San Francisco-based Allogene intends to raise $288 million...