Jpmorgan Chase Stock News

J.P. Morgan online investing offers commission-free trading, automated investing, IRA accounts, and more.

Rocket Companies (RKT) stock is rising higher on a new price prediction from JPMorgan analyst Richard Shane and we''ve got the details.

Solana fans are celebrating today after a promising NFT prediction for the coin from JPMorgan. Solana price predictions are up on the news.

For the second time in the past year, JPMorgan is raising pay for junior-level employees, The Post has confirmed.

JPMorgan (JPM) says that thematic exchange traded fund investing is an expensive vehicle for investing in hot trending topics that tend to fall short of beating the market.

I''m now long BAC as well as JPM, GS and WFC.BAC

JPMorgan Chase (JPM) is boosting pay for its junior bankers for the second time in six months, the Financial News reports, citing people familiar with the matter.First-year

Wall Street cuts price targets on JPMorgan -- but the shares still look cheap.

Shares of Bank of America Corp. dropped 2.9% in afternoon trading Tuesday, putting them on track for a fourth-straight decline, ahead of the bank''s fourth-quarter results due out before the next session''s opening bell. The stock has now shed 5.5% during its losing streak. The stock''s losses comes after bank and broker Goldman Sachs Group Inc. reported disappointing fourth-quarter results on Tuesday, sending the stock down 6.4%, and J.P. Morgan Chase & Co. fourth-quarter results reported before Friday''s open has helped trigger a two-day drop of 10.0%. Bank of America''s stock rose 4.5% on the day it reported third-quarter results (Oct. 14), but fell on the day of the previous seven quarterly reports by an average of 3.2%, according to FactSet data. Meanwhile, the S&P 500 fell 1.4% on Tuesday after gaining 0.1% on Friday. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Tuesday''s top analyst upgrades and downgrades included Airbnb, Alibaba, ConocoPhillips, Corning, Honeywell, JPMorgan, Las Vegas Sands, Lennar, Melco Resorts, Mosaic, ONEOK, Sirius XM, Snowflake and Walt Disney.

JPMorgan''s (JPM) credit card charge-off rate slides to 0.99% in December from 1.05% in November and slightly below its three-month average at 1.01%. The bank''s credit card delinquency

Goldman Plunges After Trading Revenue Miss One trading day after JPM reported disappointing earnings and its stock suffered the biggest post-earnings drop in a decade, moments ago Goldman joined it in the penalty box with its shares tumbling as much as 3.1% in premarket trading Tuesday after reporting worse-than-expected fourth-quarter trading revenue, even if overall revenue beat (Q4 revenue $12.6BN, Exp. $12.08BN), with EPS of $10.81 also coming in below expectations of $11.76. While the banks FICC sales and trading revenue of $1.86 billion was higher than the average analyst forecast of $1.80, equity sales and trading revenue missed expectations, coming in at $2.12 billion versus the $2.47 billion seen by analysts, resulting in a miss in overall trading rev. of $3.99 billion, which came in below the estimate $4.27 billion. According to Goldman, the reason for the miss is that "Equities net revenues were lower, reflecting significantly lower intermediation net revenues, partially offset by significantly higher financing net revenues." Furthermore, the "4Q 21 operating environment was characterized by challenging market-making conditions compared with 3Q 21, although activity levels remained solid, equity prices were generally higher and volatility increased." On the other hand, and similar to JPM, investment banking revenue of $3.60 billion came in well above expectations $3.07 billion.

Futures Tumble As Global Bond Yields Surge Yesterday when US stock markets were closed but both bond and equity futures were trading, we pointed out that 10Y Treasury futures implied a yield of over 1.80%, a number which was the highest in years and which we warned would cause headaches for stock traders when the US reopened fully on Tuesday. And sure enough, with 10Y yields surging as high as 1.8536% overnight and 2Y yields jumping to 1.05% (up a whopping 15bps from 0.90% last Friday) .... futures are getting hammered this morning, with emini S&P futures down 48 points or over 1% and just above 4,600, while Nasdaq futures were getting hammered again, sliding 1.62% or 254 points. The dollar rose and Brent oil touched $88/bbl, the highest price since 2014. Global stocks have had a turbulent start to the year as investors shift out of more expensive and rates-sensitive sectors such as technology into cheaper, so-called value shares. Market participants are now waiting for the earnings season to gauge whether companies can continue delivering robust profits despite higher costs and challenges from omicron.