JPMorgan Chase & Co. is a leading global financial services firm that provides a wide range of financial solutions to consumers, businesses, and governments. The company offers investment banking, asset management, private banking, and wealth management services while also delivering a full suite of commercial banking products. With a strong emphasis on innovation and technology, JPMorgan Chase plays a pivotal role in the financial market, helping clients navigate complex financial landscapes through expert advice and tailored services. The firm is committed to maintaining its reputation for integrity and professionalism while actively contributing to economic development and community investment. Read More
Citigroup Inc. CEO Jane Fraser revealed the company's intention to issue a stablecoin Tuesday, July 15, as part of the banking giant's broader dive into digitization.
Weaker LCV sales, billing delays, and high inventories pressured Renault’s finances, prompting new cost-cutting efforts amid a slowing European market.
JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) has declared dividends on the outstanding shares of the Firm’s Series DD, EE, GG, JJ, KK, LL, MM and NN preferred stock. Information can be found on the Firm’s Investor Relations website at https://www.jpmorganchase.com/ir/news.
Shares of residential solar energy company Sunrun (NASDAQ:RUN) jumped 3.6% in the afternoon session after analysts at both Mizuho and J.P. Morgan raised their price targets for the residential solar company. Mizuho boosted its price target significantly to $21 from $13, while maintaining an "outperform" rating on the stock. Similarly, J.P. Morgan increased its target to $16 from $13, keeping its "Overweight" rating. J.P. Morgan cited Sunrun's leadership position in the underpenetrated residential energy services market, which it expects to grow at a double-digit rate. The firm also pointed to the company's strong revenue visibility from long-term customer contracts and potential for market share gains due to favorable Investment Tax Credit (ITC) rules. These bullish analyst notes provided a positive catalyst for the stock, signaling growing confidence in Sunrun's future performance and growth prospects within the clean energy sector.
Shares of semiconductor maker Penguin Solutions (NASDAQ:PENG) jumped 3.3% in the morning session after the company continued to benefit from positive sentiment following a strong earnings report and a price target increase from a Wall Street analyst. Loop Capital raised its price target on Penguin Solutions to $35 from $30 on Monday, maintaining a "Buy" rating. The firm cited the company's promising developments in the commercial Artificial Intelligence (AI) sector as a key driver. This follows the company's recent earnings report on July 8th, where it beat earnings per share (EPS) estimates.
The Nasdaq 100 surged to fresh record highs on Tuesday, breaking above the 23,000 mark as Nvidia Corp. (NASDAQ:NVDA) and other chipmakers powered a sharp rally.
Big banks crushed Q2 earnings estimates, but stocks slipped as investors focused on weaker guidance. Citigroup hit record highs, while Wells Fargo and BlackRock tumbled.Chiedi a ChatGPT
JPMorgan reports strong Q2 2025 results, beating revenue and earnings estimates. Revenue fell 11% to $44.91B, but Consumer & Community Banking revenue rose 6% and Assets under management increased 19%.
Global financial services giant JPMorgan Chase (NYSE:JPM) reported Q2 CY2025 results beating Wall Street’s revenue expectations, but sales fell by 10.5% year on year to $44.91 billion. Its GAAP profit of $4.96 per share was 10.4% above analysts’ consensus estimates.
Citi’s net income jumped to $4 billion in the second quarter, compared to $3.2 billion in the year-ago quarter, which the management said was driven by higher revenues.
JPMorgan picks AngloGold Ashanti as top gold miner, sees potential for 60-70% upside with gold at $4000/oz. Other top contenders are Fresnillo, Hochschild, and Gold Fields.
