It turned into a Wall Street punchline, but big banks aren’t laughing. After JPMorgan fired a wealth manager for expensing a $642.50 Super Bowl platter, the employee claimed he was wrongfully terminated, saying he had intended the spread of deli meats and cookies for clients who didn’t show up. JPMorgan filed a motion late Monday in a California federal court to vacate the award to its former wealth adviser, Brent Ryan Bodner, over the deli meats gone awry.
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Institutional investors are largely sitting out perpetual futures, the single most-traded product in crypto derivatives. In a note on June 29, JPMorgan said that there seems to be very little institutional appetite for the contracts. The understanding is based on conversations with clients ...
Investing.com -- Oppenheimer downgraded several large U.S. bank stocks on Tuesday, arguing that rich valuations have left little room for further upside despite improving earnings prospects and a favorable operating environment.
OZK launches a new $200 million share repurchase program through July 2027, extending its capital return strategy alongside steady dividend growth.
Celestica is highlighted as Zacks' Bull of the Day for AI-driven growth, while Fiverr earns Bear of the Day on weakening earnings outlook and AI pressures.
Zacks.com users have recently been watching JPMorgan Chase & Co. (JPM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
J.P. Morgan flagged three stocks to crush the market in 2026, ranking them by implied upside. Six months in, the pick with the smallest expected gain has done something the other two have not even come close to.
Jamie Dimon's succession delay has turned JPMorgan into a CEO recruiting gold mine.
JPMorgan's chief global economist Bruce Kasman titled the bank's mid-year outlook "Promise and Pressure." He published it on June 28. The two words are doing a lot of work in a year that has moved faster than most forecasters expected. The promise is that global growth is stabilizing in the second ...
JPMorgan is urging lawmakers not to sacrifice financial safeguards in the race to regulate crypto.
(Bloomberg) -- The yen’s slide to its weakest against the dollar in four decades has left traders looking for Japan’s next line in the sand for the currency.Most Read from BloombergYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsWhatsApp Opens Username Reservations to 3 Billion UsersUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapPrabowo Risks Prompt Global Banks to Pull Cash Out of IndonesiaAfter dollar-
JPMorgan and other Wall Street firms cut Nike price targets ahead of earnings, citing weak demand and an uncertain turnaround.
Jamie Dimon is putting the bank’s own funds into defense and other vital industries and plans to broadly expand in the national-security sector.
The Supreme Court upheld the lower courts’ rulings that Fed Governor Lisa Cook could continue serving as her legal case challenging her potential termination moves forward.
Lennar Corporation (NYSE:LEN) will trade ex-dividend on July 10, putting it among the 10 Best July Dividend Stocks to Buy. On June 16, UBS lowered its price recommendation on Lennar Corporation (NYSE:LEN) to $94 from $107. It reiterated a Neutral rating on the stock. The firm updated its model following the company’s second-quarter earnings report. […]
Financial stocks increased in late Monday afternoon trading with the NYSE Financial Index up 0.2% an
JPMorgan Chase (NYSE: $JPM) has thrown its support behind the cryptocurrency legislation that’s winding its w...
Financial stocks increased in Monday afternoon trading, with the NYSE Financial Index fractionally h
The annual stress test modeled a sharp economic shock, including steep declines in commercial real estate and home prices, with unemployment surging to 10%, the Fed detailed in its results. All 32 of the nation's largest banks survived the hypothetical downturn, absorbing more than $708 billion in ...
JPMorgan, Citi and other analysts are cutting long-term oil price forecasts as weaker demand outweighs lingering geopolitical risks in the Middle East.
The AI investment story has shifted repeatedly over the past year. Investors first piled into semiconductor companies, then power producers, networking firms, and data center infrastructure providers as the race to build AI capacity accelerated. Software companies, however, became the market’s biggest casualty after fears emerged that AI agents could replace many traditional software applications ... AI Didn’t Kill SaaS After All: Why Beaten-Down Software Stocks Are Rebounding
Homeowners’ biggest monthly expense is usually their mortgage. But down the line, they may find themselves in a position to pay it off early.
According to data compiled by Bloomberg, Wall Street bankers predict a robust pipeline of IPOs and other equity offerings through the remainder of 2026.
Northern Trust's proposed 10% dividend hike following the 2026 stress test highlights the bank's strong capital position.
JPMorgan Chase (NYSE:JPM) stands out among U.S. banks because no other peer combines its scale, diversification, and capital fortress in a way that compounds reliably through every economic regime. For a retirement-focused investor who has had enough of chasing themes, this is the kind of position that earns its place in a portfolio and then ... 1 Unstoppable Banking Juggernaut to Buy Hand Over Fist and Hold for the Next 20 Years
BNY's planned 19% dividend hike following the Fed's 2026 stress test underscores the bank's strong capital position.
JPMorgan, Micron, FedEx, Nike and Constellation Brands lead focus as Q2 earnings season gains pace with upbeat profit growth and estimate revisions.
C is ramping up AI use to boost efficiency, cut costs and enhance customer experience while targeting major efficiency ratio gains.
(Bloomberg) -- Wall Street bankers are on a high after record-setting offerings from SpaceX and Google parent Alphabet Inc., lifting expectations for deal activity in the rest of 2026.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS and Iran Agree to Halt Attacking Each Other Ahead of TalksOil Trades Near Four-Month Low as US and Iran Halt Fresh AttacksAramco Helicopter Crash in Ras Tanura Kills All 14 on BoardPrabowo Risks Prompt Global Banks to Pull Cas