THEPALMER/E+ via Getty Images JPMorgan downgraded three stocks in the transportation and logistics sector on Tuesday. The firm warned of operational challenges in the sector or a slower than expected market recovery, which led it to take an overall more cautious stance for the near term. “The recent demand strengthContinue Reading
Imilian Next week marks the beginning of earnings season, with several big companies across the financial, consumer and technology sectors set to release their quarterly results. Investors will be keenly watching reports from PepsiCo (NASDAQ:PEP), Delta Air Lines (NYSE:DAL), Ericsson (NASDAQ:ERIC), JPMorgan (NYSE:JPM), Wells Fargo (NYSE:WFC) and Citigroup (NYSE:C). BelowContinue Reading
LewisTsePuiLung JPMorgan Chase’s (NYSE:JPM) chief global markets strategist Marko Kolanovic is planning to leave the bank, Bloomberg News reported on Wednesday, citing an internal memo it obtained. Kolanovic is perhaps infamously known for his conflicting stock-market calls over the past two years which have differed significantly from Wall Street’s actualContinue Reading
Investing.com — mining stocks outperformed the underlying cryptocurrency in June, driven by excitement around AI data centers, the value of power access, and a decline in network hashrate. According to a note from JPMorgan, dated Monday, these factors contributed to a 19% sequential increase in the aggregate market cap ofContinue Reading
4-Your-Eyes-Only JPMorgan believes that a potential second Donald Trump U.S. administration could be more lenient when it comes to antitrust enforcement. The Trump administration, which ran from 2017 to 2021, notably kicked off investigations into tech giants that were then carried on by incumbent President Joe Biden’s government. Under Biden,Continue Reading
MicroStockHub/iStock via Getty Images JPMorgan believes that a proposed round of tariffs under a potential second Donald Trump U.S. presidency could have a greater impact on consumer prices than they did in the Republican leader’s first term. The imposition of tariffs by Trump, who served as U.S. President from 2017Continue Reading
suman bhaumik/iStock via Getty Images India is expected to see billions of dollars of foreign inflows as its government bonds debuted on JPMorgan Chase’s (NYSE:JPM) emerging market index on Friday. The inclusion marks the first time that Indian government bonds have been added to a benchmark index. The bonds willContinue Reading
