Archive List for JPMorgan

Credit card spending continues to increase: @jpmorgan @Citi @wellsfargo 💳 #shorts

JPMorgan Chase & Co., Citigroup (C), and Wells Fargo (WFC) first-quarter earnings have shown that consumer credit card usage has continued to increase. Yahoo Finance Senior Reporter David Hollerith explains the overall implications of this on the banking industry. This segment aired on April 12, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #creditcard #creditcards #spending #finances #financetips #personalfinance #creditcardpayments #debt #jpmorgan #jpmorganchase #wellsfargo #wellsfargobank #bank #banking #citibank #citigroup #2024shorts

@jpmorgan may become ‘the @NVIDIA of banking’: Expert

Wells Fargo Managing Director and Head of U.S. Large-Cap Bank Research Mike Mayo explains his belief that JPMorgan could end up as the ‘Nvidia of banking’ as a result of their size, structure, and willingness to adopt AI initiatives. Mayo joined Yahoo Finance Live on March 13, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #jpmorgan #jpmorganchase #banking #2024 #investing #investingstrategies #investingtips #nvidia #highlights #nvidiahighlights #us #useconomy #bankingnews

JPMorgan now valued more than BofA, Citi combined: BBG

#jpmorgan #bofa #citi #yahoofinance JPMorgan Chase & Co. (JPM) is now worth more than competitors Bank of America (BAC) and Citibank (C) combined after 2023 consolidations and shakeups in the regional banking sector, according to a Bloomberg report. Yahoo Finance Senior Reporter David Hollerith joins the Live show to summarize the state of the financial sector (XLF) and the outlook and challenges for these major banks. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to […]

Stock market news: Stocks little changed as rate cut doubts set in December 15 | Yahoo Finance

Stocks moved into positive territory Friday, with the Dow pulling just over the flat line as the prospect of deeper and earlier interest-rate cuts continued to buoy Wall Street’s spirits. The Dow Jones Industrial Average (^DJI) ticked up 0.1%, or about 30 points, after the blue-chip index closed at a fresh all-time high Thursday. The S&P 500 (^GSPC) was virtually unchanged, while the tech-heavy Nasdaq Composite (^IXIC) gained 0.5%. Markets rejoiced after the Federal Reserve’s surprise shift in tone to dovish this week, as it signaled more rate cuts in 2024 and acknowledged its anti-inflation campaign is gaining traction. That has helped drive a record-setting rally in US stocks, and […]

Stock market news: Stocks slide, oil hits 5-month lows December 6 | Yahoo Finance

US stocks slipped on Wednesday amid fresh signs of economic malaise, as oil prices hit lows not seen since June and investors looked to data that signaled more cooling in the labor market. The S&P 500 (^GSPC) fell about 0.4% while the Dow Jones Industrial Average (^DJI) dropped more nearly 0.2% or about 70 points. The Nasdaq Composite (^IXIC) shed roughly 0.6%. Wednesday brought fresh signs of softening in the labor market, as the ADP gauge on private payrolls missed expectations, finding that 103,000 jobs were added in November. That came after Tuesday’s soft reading on jobs openings bolstered optimism for a Fed pivot to cutting interest rates. Markets are […]

Stock market news today: Nasdaq, S&P 500 extend longest win streaks since 2021 | November 8, 2023

#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #crypto To get the latest market news check out finance.yahoo.com The S&P 500 and Nasdaq eked out gains Wednesday, narrowly continuing Wall Street’s red-hot run of gains, as investors digested a fresh batch of corporate earnings amid a quiet week on the economic calendar. The S&P 500 (^GSPC) closed up 0.1%, extending its winning streak to eight days, the longest for the benchmark index since 2021. The Nasdaq Composite (^IXIC) also rose around 0.1%, continuing its own streak for the ninth straight session. The Dow Jones Industrial Average (^DJI) came in around 0.1% lower. Words of caution […]

JPMorgan CEO warns of ‘tighter’ environment as consumers spend down savings

JPMorgan (JPM) CEO Jamie Dimon has warned of U.S. consumers spending down excess savings—amid a “”tighter”” economy, stopping short of projecting recession. S&P Global Market Intelligence Director for Financial Institutions Research Nathan Stoval weighs in on the CEO’s warning. Stoval believes that Dimon’s statements may be the CEO “trying to throw out some caution,”. Hennessy Funds Portfolio Manager Dave Ellison expressed concerns about Dimon’s criticisms—fearing lower bank valuations. “”It hurts the ability of somebody like myself to make money in the space,”” notes Ellison. 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 […]