Quint Tatro – the founder of Joule Financial is trimming his stake in JPMorgan Chase & Co even though it continues to be his favourite bank stock to own. The financial services behemoth reported its
Amazon.com and JPMorgan Chase lead a Group of Five stocks to keep tabs on this week amid market role reversal.
We see the Q2 results from the major banks as good enough - not great, but definitely not bad either. The stocks' outperformance entering this reporting cycle contributed to the market's tentative ini

What We Learned From Big Bank Earnings Friday

06:20pm, Friday, 12'th Jul 2024
Earnings at two of the three large U.S. banks that traditionally launch the financial sector's quarterly earnings season exceeded investors' expectations Friday. But their income statements revealed t
JPMorgan Chase & Co.'s second quarter earnings report fell short of expectations, but the stock price only dropped slightly. Management is focused on maintaining a return on equity of 17% or higher, w

Chase may start charging for checking accounts

04:32pm, Friday, 12'th Jul 2024
Chase Bank warned customers that checking accounts might not be free in the future.
David Konrad, KBW managing director, joins 'Power Lunch' to discuss his takeaways from big bank earnings.
Quint Tatro, Joule Financial founder and president, joins 'Power Lunch' to discuss stock plays for three stocks.

Why JP Morgan Chase Stock Is Down Today

02:02pm, Friday, 12'th Jul 2024
JP Morgan Chase beat top- and bottom-line estimates in its latest earnings report. CEO Jamie Dimon said he remains "vigilant" about potential risks.
JPMorgan (JPM) intends to grow its U.S. consumer deposit market share to 15%. This aligns with the bank's initiatives to maintain its industry-leading position in the upcoming years.
JPMorgan Chase, Wells Fargo and Citigroup exceeded LSEG analysts' second-quarter expectations.
JPMorgan Chase & Co. beat revenue estimates and reported a higher profit for the second quarter when including one-time items such as its sale of stock in Visa Inc., but the bank put aside more money
Shares of Bank of New York Mellon Corp. ran up into record territory Friday, after the trust bank reported a second-quarter earnings beat and approved a 12% boost to its dividend.
Erika Najarian, UBS managing director, joins 'Squawk on the Street' to discuss second-quarter earnings reports from JPMorgan, Wells Fargo, and Citi.
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 1% on Friday.
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