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The Latest Breaking News from JPMorgan

Saudi PIF Close to Buying Stake in Starbucks Middle East

The Saudi Public Investment Fund (PIF) has been shortlisted to buy a stake in the Middle East, North Africa, and central Asia Starbucks franchise held by Alshaya Group, revealed sources. The Starbucks franchise has several hundred outlets in 14 countries across the Middle East, Russia, and central Asia. Last year,…

Asharq Al-Awsat

How Texas punishes companies who ‘discriminate’ against gun manufacturers

A Texas law dictates which firms state agencies can do business with and requires written affirmations to the attorney general

The Guardian - US

McDonald's vs. Starbucks: Which Restaurant Stock is a Better Buy?

In this article I will compare and analyze McDonald's (MCD) and Starbucks (SBUX) to determine which restaurant stock is currently a better investment.

StockNews.com

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3 High-Yield ETFs for Dividend Investors

The stock market has been gyrating wildly since the beginning of the year on investor concerns about multi-decade high inflation, the Federal Reserve’s interest rate increases, unabating supply chain disruptions, and the possibility of an economic recession. High-yield ETFs offer instant diversification and ensure a steady income stream amid heightened…

StockNews.com

Dow Jones Falls As Microsoft Warns, Economic Data Mixed

The Dow Jones fell as Microsoft warned. The market rally retreated Wednesday as Fed rate hike odds rose and Jamie Dimon saw an economic "hurricane."

Investors Business Daily

JPMorgan CEO Jamie Dimon warns of economic "hurricane" from Ukraine and Fed tightening

"That hurricane is right out there down the road coming our way."

Axios

Benzinga's Brief On Trending Tickers: Alibaba, Twitter, Snowflake And More

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks. The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets.

Benzinga

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Morning Brief: Top Financial Stories Dominating on Thursday, May 26

CNBC Two Major Tech Deals Come Under UK Government Scrutiny

Benzinga

JPMorgan Sees Bitcoin's Fair Value At $38,000; Crypto Now Preferred Over Real Estate

Analysts at JPMorgan Chase & Co have reportedly forecast potential upside for Bitcoin (CRYPTO: BTC) and other cryptocurrencies in the months to come.

Benzinga

Texas forces companies to be neutral on guns, or lose business

To keep doing business with Texas, companies will effectively have to take a vow of neutrality if the latest school-shooting massacre sets off another nationwide furor over gun control.

Tribune News Service

How high could gas prices get this summer? What experts say as Memorial Day nears

With the busy summer travel season approaching, many are wondering how high could U.S. gas prices get?

Tribune News Service

What Is a Dead-Cat Bounce? Definition and Example

What Is a Dead-Cat Bounce?A dead-cat bounce is a brief rise in price for a security or asset following a lengthy decline. The term “dead-cat bounce” came about in the 1980s as part of colorful commentary to describe false rallies. A false rally is typically a temporary rise in stocks…

The Street

Dow Jones Jumps As Biden Says This On China; JPMorgan Chase Leads Bank Stocks Higher; Apple Stock Pops

The Dow Jones jumped after President Joe Biden gave encouraging remarks on China. JPMorgan Chase led bank stocks higher while Apple stock popped.

Investors Business Daily

Why JPMorgan Chase Shares Are Surging Today

JPMorgan Chase & Co (NYSE: JPM) shares are trading higher Monday after the company issued guidance in a presentation for its In

Benzinga

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The Street

JPMorgan Stock Jumps After Boosting Key 2022 Profit Target, Says U.S. Economy 'Fundamentally Sound'

JPMorgan CEO Jamie Dimon is set to speak at the bank's investor day presentation at 8:00 am Eastern time.

Benzinga

Mizuho Remains Bullish On JD Post Q1 - Read Why

Mizuho analyst James Lee maintained a Buy on JD.com, Inc (NASDAQ:JD) with a price target of $90 (75% upside). JD beat top line and margins due to its competitive advantage in supply chain and logistics, which enabled the company to gain share. The COVID lockdown impact in 2Q22 was more than Lee's expectation at 5% YoY growth,…

The Street

Stocks Ease; Powell Reiterates Fed Resolve on Inflation - 5 Things You Must Know

Stock futures were indicating a lower open on Wednesday. Fed Chairman Jerome Powell said the Fed was determined to reduce inflation. Housing-starts and building-permits data are in focus. Target shares slipped before the retailer reports earnings. And JPMorgan holders voted against the bank's proposal to pay CEO Jamie Dimon a…

Benzinga

Alibaba, Other Chinese Stocks Pop As China's Top Economic Official Expresses Support For Digital Platform Ahead Of 2022 Election

China's top economic official offered an unusually public show of support for digital platform companies hinting toward possible ease in the ongoing crackdown, Bloomberg reports. The latest comments may inject much-needed confidence into the capital markets. Tencent Holding Ltd (OTC:TCEHY) and Alibaba Group Holding Limited (NYSE:BABA) combined lost over $1 trillion in market value post…

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Benzinga

Here's Why JPMorgan Upgraded Alibaba, Other Chinese Stocks Months After Calling Them 'Uninvestable'

JP Morgan Chase & Co (NYSE:JPM) upgraded multiple Chinese internet companies, including Alibaba Group Holding Limited (NYSE: BABA) and Tencent Holding Ltd (OTC: TCEHY), to Overweight, Bloomberg reports. JPM also upgraded shares of Meituan (OTC: MPNGY), NetEase, Inc (NASDAQ: NTES), and Pinduoduo Inc (NASDAQ: PDD). "Significant uncertainties facing the sector should begin to abate on the back of recent regulatory announcements," the firm added. Also Read: Alibaba And…

Benzinga

What's Going On With Alibaba Stock Today?

Alibaba Group Holding Ltd (NYSE: BABA) shares are trading slightly lower despite a bullish call from JPMorgan on Monday.

Financial Times

Crypto billionaire Sam Bankman-Fried: ‘I got involved with no clue what a blockchain was’

The FTX founder on hype, the problem with bitcoin and how crypto can build a fairer financial system

The Street

JPMorgan, U.S. Bancorp Cited by Morningstar as Winners

The KBW Nasdaq Bank stock Index has dropped 18% year to date, but bank stocks may be attractive to long-term investors.

StockNews.com

Better Buy for 2022: Citibank vs. JPMorgan Chase

In this article I will analyze and compare Citigroup (C) and JPMorgan Chase (JPM) to determine which stock is currently a better investment.

Benzinga

Fubo Shares Bleed As Analysts Re-rate Stock Post Q1 Results

Analysts remained concerned over fuboTV Inc (NYSE:FUBO), as reflected by their re-rating post Q1 results. Needham analyst Laura Martin maintained FuboTV with a Buy and lowered the price target from $15 to $5 (49% upside). Gross margins of negative (2)% were the lowest FUBO had reported since 2Q20 when it only had 286,000 paid subscribers. The…

Benzinga

Chinese Analyst Who Projected Bearish Reports On Alibaba And Other Chinese Stocks Returns To Twitter

The former China strategist at Bocom International Holdings was active again on Twitter, Inc (NYSE:TWTR) with a forecast on the Nasdaq index, just days after he exited the state-owned brokerage following a ban by Chinese social media, Bloomberg reports. Hong Hao posted a chart on Twitter that compared the Nasdaq's bubble in 2000 to its…

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