-
Comcast, Disney Appoint Morgan Stanley, JPMorgan To Determine Hulu's Worth As Sale Process Advances
Friday, October 13, 2023 - 1:10am | 613Streaming platform Hulu is one step closer to having a single owner as Comcast Corporation (NASDAQ:CMCSA) and The Walt Disney Company (NYSE:DIS) engage investment banks to evaluate the company’s value. As reported by CNBC, Comcast, a one-third stakeholder in Hulu, has...
-
If You Had Invested $100 In Bitcoin When JPMorgan CEO Jamie Dimon Called It A 'Fraud' And 'Worse Than Tulip Bulbs', Here's How Much You'd Have Today
Tuesday, August 22, 2023 - 6:31am | 449In a statement in 2017, Jamie Dimon, the CEO of JP Morgan Chase & Co (NYSE:JPM), expressed his strong opposition to the popular cryptocurrency. Dimon referred to Bitcoin (CRYPTO: BTC) as a “fraud” and raised doubts about its long-term viability. What Happened: Speaking at the...
-
Stocks To Rise On Fed 'Hike And Pause,' Says JP Morgan
Wednesday, July 26, 2023 - 5:35am | 467The trading desk of JPMorgan Chase & Co. predicts a likely boost for stocks following Wednesday’s Federal Reserve announcement, Bloomberg reports. Fed’s Impact on Stocks: The team, including Andrew Tyler, suggests that an interest-rate hike coupled with indications of a pause at the...
-
US Banks Earnings Preview: All Eyes On JPMorgan, BlackRock, Citigroup, Wells Fargo Q1 Reports
Tuesday, April 11, 2023 - 12:51pm | 972On Friday, April 14, four of the largest financial institutions in the U.S. with a combined market cap of more than $700 billion will announce their first-quarter results: JPMorgan Chase & Co. (NYSE: JPM), Wells Fargo & Co (NYSE: WFC), BlackRock Inc (NYSE: BLK), and Citigroup...
-
JPMorgan: Crypto Market Exhibits Herd-Like Behavior After Investors Bought The Top
Tuesday, December 13, 2022 - 11:42am | 461Researchers at JPMorgan Chase & Co (NYSE: JPM) say the U.S. cryptocurrency market displays signs of "herd-like behavior" because many investors bought digital currencies at their peak. The report, titled "The Dynamics and Demographics of U.S. Household Crypto-Asset Use,"...
-
JPMorgan Chase Taps Ex-Celsius Exec To Lead Crypto - What's Dimon's Stance On Bitcoin, Ethereum Now?
Wednesday, October 19, 2022 - 4:20pm | 525JPMorgan Chase & Co. (NYSE: JPM) is deepening its crypto talent bench with a former Celsius Network (CRYPTO: CEL) employee. The New York-based firm hired Aaron Iovine as executive director of digital assets regulatory policy. According to Iovine's LinkedIn profile, he was with Celsius from...
-
Deere Earnings Greeted With Cheer As Company Cites Improved Equipment Demand
Wednesday, November 25, 2020 - 11:20am | 2239The elevator ride takes a pause this morning, but it’s still been an impressive week. The Dow Jones Industrial Average ($DJI) now sits just below 30,000 in pre-market trading after topping it yesterday, and there’s a chance this milestone moment could draw some new cash into...
-
BlackBerry Earnings Preview: Can Shares Continue Higher Following Q4 Results?
Thursday, March 31, 2016 - 4:25pm | 627BlackBerry Ltd (NASDAQ: BBRY) is scheduled to announce its fourth quarter financial results before Friday's market open. Let’'s take a look into what some of the top analysts in Wall Street are saying about the company. According to Estimize, the Street is modeling a consensus net...
-
Everything You Might Have Missed This 13F Season: Part 2
Wednesday, February 17, 2016 - 4:58pm | 853Investment firms with more than $100 million in assets under management and relevant long stakes in U.S. listed equities are obliged to disclose their long positions once per quarter via 13F filings. Filings for the fourth quarter of 2015 were due February 16, 2016. In case you missed some...
-
Monsanto Slightly Maintaining Gains Following Better-Than-Expected Earnings
Monday, January 12, 2015 - 5:21pm | 304Monsanto Company (NYSE: MON) beat Wall Street estimates for its fiscal first-quarter earnings on January 7, despite reporting lower revenue and profit than the same quarter last year. Following the earnings beat and a few positive ratings from major Wall Street research firms, the stock is up...
-
#PreMarket Primer: Thursday, November 13: Medvedev Says Sanctions Need To Go
Thursday, November 13, 2014 - 9:38am | 1381On the sidelines of a conference in Asia, Russian Prime Minister Dmitry Medvedev told U.S. President Barack Obama that the sanctions against Russia were hindering the West’s relationship with Moscow. In order for the two to return their communications to calm, productive talks, Medvedev...
-
#PreMarket Primer: Wednesday, November 12: Banks Fined More Than $3 Billion For Role In Forex Manipulation
Wednesday, November 12, 2014 - 8:44am | 1477On Wednesday, a Federal probe into the role big banks played in a forex manipulation scheme resulted in huge fines for UBS AG (NYSE: UBS), HSBC Holdings plc (NYSE: HSBC), the Royal Bank of Scotland Group PLC (NYSE: RBS), JPMorgan Chase & Co. (NYSE: JPM) and Citigroup Inc (NYSE: C). The...
-
#PreMarket Primer: Tuesday, November 4: Europe's Recovery Delayed, Forecasts Trimmed
Tuesday, November 4, 2014 - 8:45am | 1326On Tuesday, the European Commission trimmed its growth forecasts for the eurozone, saying that geopolitical tension and falling investment in the region were weighing on the bloc’s recovery. The commission said it is expecting the eurozone’s economy to grow just 0.8 percent in 2014...
-
#PreMarket Primer: Thursday, October 9: Fed Worries That Waning Global Economy Could Hurt US Progress
Thursday, October 9, 2014 - 7:30am | 1326The Federal Open Market Committee minutes released on Wednesday surprised investors with a dovish tone and an indication that the bank was not planning to raise interest rates any time soon despite improving U.S. economic data. Instead, the U.S. central bank discussed the potential for weak...
-
#PreMarket Primer: Friday, October 3: JP Morgan Suffers Largest Cyberattack Against A Financial Institution
Friday, October 3, 2014 - 7:03am | 1182JPMorgan Chase & Co. (NYSE: JPM) reassured its customers that their money was safe, but disclosed that 76 million households were affected by a hacking attack on the company’s data. Over the summer, the bank’s cyber security was breached allowing hackers access to customer...