JPM Stock Recent News
JPM LATEST HEADLINES
It would appear that the deeper the world gets into 2024, the more frequent the warnings about a coming economic crisis become.
What was growing up like for Jamie Dimon? The JPMorgan chief tells Emily Chang about his childhood.
Recently, Zacks.com users have been paying close attention to JPMorgan Chase & Co. (JPM). This makes it worthwhile to examine what the stock has in store.
JPMorgan Chase kicked off earnings season, reporting first-quarter results that beat analysts' estimates. The bank's guidance on net interest income remained the same, disappointing investors who expected it to raise guidance.
Last October, JPMorgan had said Dimon and his family intended to sell 1 million of their 8.6 million shares, the first time Dimon was selling shares since becoming the CEO of the largest US lender in 2005.
JPMorgan Chase CEO Jamie Dimon has sold about $33 million of his shares in the bank, a regulatory filing showed on Monday, completing a previously disclosed plan to sell 1 million shares.
The pundit reiterated his rather bullish take on the bank's proximate future. This, despite a quarterly earnings report that generally displeased the market.
JPMorgan's loan portfolio is healthier than most of its peers. The big bank's balance sheet is also stronger than most other banks.
JPMorgan Chase's stock price reaction to its good earnings report was due to focus on the earnings outlook rather than current results. CEO Jamie Dimon expressed doubts about the economy. The economic outlook can affect bad debt estimates (for example) and hence earnings. Economics has a weak foundation with the assumption of "man is a rational human being" combined with a refusal to include the results of research in psychology.
Here are some of the major companies whose stocks moved on the week's news.