JP Morgan

Xpeng Inc. (NYSE:XPEV) has reportedly hired banks to help set up the automaker's flying car unit, Aeroht's Hong Kong public listing. Morgan Stanley, JP Morgan Hired The Chinese automaker has sought the services of Morgan Stanley, as well as JPMorgan & Chase Co., to prepare for the possible IPO...

Even with the U.S. economy growing by 3.8% last quarter, and unemployment holding at 4.3%, Moody's (NYSE:MCO) Analytics said that roughly half of all U.S. states are actually seeing their economies shrink. Low-Income Households Under Pressure In an interview with Fortune, Chief Economist Mark Zandi...

Voyager Technologies Inc. (NYSE:VOYG) is gearing up for a cosmic leap, with JPMorgan predicting a stellar 30% annual revenue growth over the next five years, bolstered by its strategic stake in the ambitious Starlab space station project. The Voyager Technologies Analyst: JPMorgan analyst Seth...

JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon delivered pointed advice to corporate managers on Tuesday, urging them to abandon meetings designed to impress bosses and instead embrace radical transparency about business problems. What Happened: Speaking at a Morgan Stanley financial...

Billionaire investor Bill Ackman, whose current net worth stands at $8.07 billion, recently shared the story of one of biggest failures, and how he overcame it to emerge stronger. What Happened: Speaking on stage at the Forbes Iconoclast Summit in New York, Ackman said, “I was going through a...

Global investment banks revealed significant positions held in cryptocurrency-related exchange-traded funds (ETFs) and Bitcoin (CRYPTO: BTC) stock MicroStrategy Inc. (NASDAQ:MSTR), according to their latest 13F filings with the SEC. JPMorgan Chase JPMorgan Chase & Co., the world’s largest...

For over three decades, one of America's largest banks, JPMorgan Chase (NYSE:JPM), has refused to pay out a $331 monthly pension to Elaine Silverberg, widow of one of their former longtime employees, according to The New York Post. The publisher recently reported on the ordeal that has left the...

As the largest producer of carbon-free power in the U.S., Constellation Energy Corp (NASDAQ:CEG) is turning heads in the energy sector. With a staggering capacity of over 33 GW — about 90% carbon-free — Constellation Energy carved out a niche that places it at the forefront of the nation’s...

Kohls Corp (NYSE:KSS)  reported earnings Wednesday before the bell, beating estimates for EPS but missing revenue estimates by $120 million. Executives at the company said that consumers were exhibiting more “discretion,” specifically middle-class customers who have gotten pickier with...

Nike Inc (NYSE:NKE) shares plummeted following bleak revenue numbers and lowered guidance in its fourth-quarter report. Some analysts have soured on the Beaverton, Oregon-based company. Here’s what the Street is saying Friday after the print. The Nike Analysts: The following analysts...

Arm Holdings Plc – ADR (NASDAQ:ARM) stock is trading lower Thursday as the company’s fiscal 2025 guidance disappointed the Street and raised concerns over a potential slowdown in artificial intelligence spending.  Fiscal year 2025 revenue is expected of $3.8 billion...

Gold bug and economist Peter Schiff on Wednesday said that he agrees with JP Morgan CEO Jamie Dimon that "Bitcoin (CRYPTO: BTC) has no value." What Happened: In a post on X, Schiff said, ‘Jamie Dimon is correct that Bitcoin has no value."  He added that CNBC anchor Joe Squawk "is wrong that...

Edward Snowden, the former National Security Agency contractor, took a dig at JP Morgan CEO Jamie Dimon on Wednesday following the Securities and Exchange Commission (SEC)  approval of a Bitcoin (CRYPTO: BTC) ETF. What Happened: Snowden in a tweet on X said, "Wild how the SEC approving a...

J.P.Morgan Chase (NASDAQ: JPM) CEO Jamie Dimon pledged "this is the last time I ever talk about this" when speaking to CNBC on Wednesday about Bitcoin (CRYPTO: BTC) in Davos, Switzerland.  Dimon has been a prominent critic of Bitcoin, slamming it for alleged use cases like...

In a recent reveal, JP Morgan’s Marko Kolanovic suggests a lean towards cash over stocks in 2024, attributing the shift to the improbability of swift interest rate cuts by the Federal Reserve. What Happened: Kolanovic’s outlook is based on the over-optimism of investors in sidestepping...