#Nvidia #youtube #stockmarket Yahoo Finance’s Brad Smith, Julie Hyman, Brian Sozzi, and Myles Udland pose one of the biggest questions this earnings season — are earnings expectations set too high? The reporter panel reviews what they have heard so far from executives reporting strong earnings beats and whether these narratives match up with market performances. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. […]
#JPMorgan #WellsFargo #Citi JPMorgan Chase’s (JPM) second quarter results topped Wall Street estimates, thanks in part to its acquisition of First Republic Bank. Bigger picture, JPMorgan CEO Jamie Dimon called the U.S. economy “resilient” adding that “consumers are spending, albeit a little more slowly.” Wells Fargo’s (WFC) second quarter results also beat analyst estimates, fueled by higher interest rates. Rival Citigroup (C), however, saw its profit fall, in part, due to weakness in its investment banking business. Yahoo Finance Executive Editor Brian Sozzi breaks down the reports. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market […]
#JPMorgan #youtube #stockmarket Yahoo Finance’s Josh Schafer details the impact of JPMorgan’s acquisition of First Republic Bank and breaks down how the structure of the deal will impact investor protections. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced […]
US financial authorities have seized California’s troubled First Republic Bank and sold it to JPMorgan Chase, hoping to bring to a close a two-month banking crisis that has spooked the financial system. First Republic became the third major financial institution in the United States to fail in two months. The deal, announced early on Monday, will see JP Morgan take $173bn of loans, $30bn of securities and $92bn of deposits from the failed lender. There were no details on how much the banking giant would pay. “Our government invited us and others to step up, and we did,” JPMorgan’s CEO Jamie Dimon said in a statement. Al Jazeera’s Kristen Saloomey […]
#JamieDimon #JPMorganstock #JPMorganearnings Yahoo Finance anchors discuss bank earnings, JP Morgan Chase CEO Jamie Dimon’s warning, and how financial stocks are performing. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced […]