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JPMorgan Debanked Polymarket Last Year, Maintains Ties amid IPO Plans
CoinGape41d agoneutral
JPMorgan Debanked Polymarket Last Year, Maintains Ties amid IPO Plans

Wall Street banking giant JPMorgan ended its relationship with Polymarket last year, forcing the prediction market to find a new lender amid growing regulatory scrutiny. However, the bank has maintained other business ties amid a potential Polymarket IPO in the future. Ad Ad JPMorgan Terminated Banking Ties with Polymarket JPMorgan informed Polymarket in October last

JPMorgan revamps S&P 500 target for rest of 2026
TheStreet44d agoneutral
JPMorgan revamps S&P 500 target for rest of 2026

Investors entered the hotly anticipated Q2 earnings season, questioning whether the enormous AI spending spree was becoming tough to justify. AI hyperscalers have been shelling out billions on chips, data centers, and infrastructure. But investors have grown wary, looking for clearer evidence that ...

Bloomberg45d agoneutral
Trump Defends Infantino as UEFA-Led Schism With FIFA Deepens

(Bloomberg) -- US President Donald Trump offered his support to embattled FIFA President Gianni Infantino amid a growing revolt that threatens his leadership.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIStocks Churn as Hormuz Standoff Spurs Rally in Oil: Markets WrapIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Nvidia Taps Wall Street for $500 Billion Funding CommitmentGameStop’s Ryan Cohen Weighs Pulling $56 Billion EBay Offer“FIFA

Bloomberg45d agoneutral
Intel Is Said to Near Share Sale Upsize to Raise $20 Billion

(Bloomberg) -- Intel Corp. is seeking to increase the amount it’s raising in a share sale to about $20 billion, according to people familiar with the matter, a third more than it was targeting when it announced the deal Monday morning.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIStocks Churn as Hormuz Standoff Spurs Rally in Oil: Markets WrapIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’GameStop’s Ryan Cohen Weighs Pulling $56 Billio

💬Money Quote: JPM’s Kelly on Stock Gains
The Wall Street Journal45d agoneutral
💬Money Quote: JPM’s Kelly on Stock Gains

“In the end, the value of American corporations depends, to a large extent, on the work and spending of the American people. While productivity gains could lift all boats, stock prices are unlikely to continue to soar unless the fortunes of American consumers and American workers see broader improvement.

Bloomberg45d agoneutral
JPMorgan Leads $441 Million Debt Deal for AI Infrastructure Firm

(Bloomberg) -- Global AI, a two-year-old tech firm, has raised $441 million in debt financing led by JPMorgan Chase & Co. to meet growing demand for artificial intelligence data centers.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Stocks Churn as Oil Advance Boosts Treasury Yields: Markets WrapTrump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaBehind Bessent Moves, Wall Stree

Bloomberg45d agoneutral
JPMorgan Strategists Raise S&P 500 Target as AI Capex Pays Off

(Bloomberg) -- JPMorgan Chase & Co. strategists raised their S&P 500 Index forecast for a second time in two months, citing strong corporate earnings and the payoff from massive artificial intelligence spending. Most Read from BloombergIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’China Unleashes $28 Trillion Capital Markets to Challenge US in AIStocks Hold Near Record Highs, Oil Ticks Higher: Markets WrapTrump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaIran Says

J.P. Morgan lifts 2026-end target for S&P 500 to 8,000 on AI, earnings strength
Reuters45d agoneutral
J.P. Morgan lifts 2026-end target for S&P 500 to 8,000 on AI, earnings strength

J.P. Morgan raised its year-end target for the S&P 500 index to 8,000 from 7,800 on Monday, citing ‌prospects of solid corporate earnings and rising confidence that AI ‌investments by large hyperscalers would drive faster revenue growth. The new target implies about 3.1% upside ​from the index's last close of 7,757.64 and adds to a growing wave of bullish calls, with at least seven brokerages now expecting the benchmark to reach the 8,000 level by 2026-end. "As elevated backlogs convert into recognized revenue, ‌cloud growth should remain ⁠well supported, helping validate rising AI capex, strengthen order coverage, and further ease ROIC (return on invested capital) concerns," J.P. ⁠Morgan analysts said.

Bloomberg46d agoneutral
Behind Bessent Moves, Wall Street Sees Sign of Bond-Market Angst

(Bloomberg) -- Wall Street traders and strategists say US Treasury Secretary Scott Bessent is sending fresh signals that he’s eager to keep bond yields from spiking higher.Most Read from BloombergTrump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaIran Says Hormuz Deal Close But Its Conditions Must Be MetOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300America’s Cyber Forces Grapple With Cluster of Deaths by SuicideWalmart Tests Fulfillment Cart Changes After Child Hit

Bloomberg48d agoneutral
Data Center Firm Switch to File Confidentially for IPO

(Bloomberg) -- Switch Inc. filed confidentially for a US IPO, according to people familiar with the matter, joining its data center peers in tapping demand for exposure to the artificial intelligence theme.Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordTrump Administration Considers Order on Autism and VaccinesIran Says Agreement on Hormuz Shipping Reached With OmanWalmart Tests Fulfillment Ca

Financial Services Roundup: Market Talk
The Wall Street Journal48d agoneutral
Financial Services Roundup: Market Talk

Find insight on Munich Re, Oversea-Chinese Banking Corp., Assicurazioni Generali and more in the latest Market Talks covering financial services.

Portman Ridge Finance Q2 Earnings Call Highlights
MarketBeat48d agoneutral
Portman Ridge Finance Q2 Earnings Call Highlights

BCP Investment Corporation reported second-quarter results marked by lower net asset value, continued deleveraging and an improvement in its non-accrual portfolio. Management also detailed a post-quarter-end amendment and expansion of its KeyBank credit facility, which was used to repay and terminat

Bloomberg48d agoneutral
Trump’s Homegrown Solar Push Risks Widening Green Energy Divide

(Bloomberg) -- President Donald Trump’s latest move to shun foreign solar power equipment is part of his effort to rebuild US manufacturing clout. It may simultaneously exacerbate the fast-widening green technology split between the US and the rest of the world.Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIran Says Agreement on Hormuz Shipping Reached With OmanTrump Administration Considers

Bloomberg48d agoneutral
AI Debt Indigestion Forces Wall Street to Rethink Bond Sales

(Bloomberg) -- When BlackRock Inc. sought to raise billions in debt financing for a Meta Platforms Inc. data center, there was one type of investor the asset management giant wanted to avoid: those looking for a quick profit.Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIran Says Agreement on Hormuz Shipping Reached With OmanTrump Administration Considers Order on Autism and VaccinesIshbia’s

Bloomberg48d agoneutral
Bond Traders Look to Jobs Data That May Tip Scale on Fed Hike

(Bloomberg) -- Bond investors are bracing for labor market data Friday, which could cool growing expectations the Federal Reserve raises interest rates at its next meeting in September. Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIran Says Agreement on Hormuz Shipping Reached With OmanTrump Administration Considers Order on Autism and VaccinesIshbia’s Mortgage Firm Suffers Record Drop on Di

Bloomberg49d agoneutral
Jane Street Looks to Rework $11 Billion Debt Into Private Credit

(Bloomberg) -- Jane Street is negotiating with a group of investors in a private-credit deal that would rework the firm’s $11 billion debt load and limit its financial disclosures to market participants, according to people with knowledge of the matter.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanGoogle AI Veterans Depart During Seismic Leadership ShiftWhy Do Data Centers Use So Much Fresh Water?Ishbia’s Mortgage Firm Suffers Record Drop on Dividend HaltTrump M

JPMorgan resets SpaceX price target after earnings
TheStreet49d agoneutral
JPMorgan resets SpaceX price target after earnings

Wall Street had a simple question heading into SpaceX's first earnings report as a public company. Was the spending worth it? The answer came in the form of a single number that landed on Aug. 4 and immediately changed the tone of every conversation about the stock. The stock had been trading near ...

Bloomberg49d agoneutral
Nscale Touts $51 Billion in Contracts, Targets September US IPO

(Bloomberg) -- Nscale is telling prospective investors it has about $51 billion of total contracted revenue ahead of a US initial public offering that could take place as soon as in September, according to people familiar with the matter.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanGoogle AI Veterans Depart During Seismic Leadership ShiftWhy Do Data Centers Use So Much Fresh Water?Microsoft’s AI Sales Mostly Come From OpenAI, Disclosures ShowOpenAI Models Joine

JPMorgan issued a quiet warning about new exchange
TheStreet49d agoneutral
JPMorgan issued a quiet warning about new exchange

Investor appetite for Hyperliquid exchange-traded funds has stalled after a strong spring, and JPMorgan said in a report on Thursday that the slowdown points to deeper questions about the platform's competitive position. Hyperliquid is a decentralized exchange for perpetual futures, crypto ...

Bloomberg49d agoneutral
Alphabet’s Jumbo Bond Sale Draws $115 Billion of Investor Demand

(Bloomberg) -- Alphabet Inc. has received about $115 billion of orders for its latest jumbo bond sale, signaling renewed investor appetite for debt tied to the artificial intelligence boom after a recent selloff.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanGoogle AI Veterans Depart During Seismic Leadership ShiftWhy Do Data Centers Use So Much Fresh Water?Microsoft’s AI Sales Mostly Come From OpenAI, Disclosures ShowOpenAI Models Joined Forces Months Ahead of H