JoeDunckley Investment Thesis JPMorgan's (NYSE:JPM) strong performance this year has been largely driven by the company's strong net interest income. The banking giant has largely outperformed initial earnings expectations, and this has helped power the stock higher. Their net interest income has been supported by a highly favorable interest rate environment, where higher rates have allowed them to capitalize on their strong lending activities. Higher rates have been a critical driver for the bank to post s ...

The most recent trading session ended with JPMorgan Chase & Co. (JPM) standing at $215.45, reflecting a +0.69% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 0.97%. On the other hand, the Dow registered a gain of 0.58%, and the technology-centric Nasdaq increased by 1.39%.Heading into today, shares of the company had gained 2% over the past month, outpacing the Finance sector's loss of 0.47% and the S&P 500's loss of 1.85% in that time.Market par ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. JPMorgan Chase & Co. (JPM) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.JPMorgan Chase & Co. is one of 860 companies in the Finance group. The Finance group currently sits at #2 within the Zacks Sector Rank. ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about JPMorgan Chase & Co. (JPM) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.JPMorgan Chase & Co. currently ...

JPMorgan Chase CEO Jamie Dimon elevated executives at the banking giant who are seen as loyal to him — at the expense of his No. 2, who has seen his influence at the company wane, according to a report.Speculation among insiders at JPMorgan is rife that Daniel Pinto, the president of the bank, could be on his way out after an organizational restructure saw his loyalists passed over for key roles, the Financial Times reported.Pinto, 61, was stripped of his title as head of JPMorgan’s investment banking and t ...

Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.One of our most popular services, Zacks Premium offers daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter. All are useful tools to find what stocks to buy, what to sell, and what are today's hottest industries.The ...

JPMorgan Chase has joined the masses in voicing their concerns over an impending recession following the release of the July jobs report. Indeed, the investment banking firm has recently raised the U.S. recession probability to 35% for an economic downturn by the end of this year, up from 25%.What’s behind JPMorgan’s change of tune?Well, JPM believes last month’s jobs data points to a “sharper-than-expected weakening in labor demand and early signs of labor shedding,” according to JPMorgan economists led by ...

Key TakeawaysJPMorgan Chase launched LLM Suite, an AI assistant designed to employ multiple large language models, according to a CNBC report that was confirmed by a spokesperson to Investopedia.More than 60,000 employees have access to the program so far, but the goal is for it to become ubiquitous at the company.JPMorgan reportedly had previously banned ChatGPT within the company over data privacy concerns. JPMorgan Chase & Co. (JPM) is giving its employees access to a generative AI assistant built by the ...

With the month of August kicking off, now is a great time to find the most promising value stocks to buy. These companies typically are market leaders in their industry that may be trading at a discount to their intrinsic value. Investors often look towards traditional valuation metrics such as price to earnings, price to book and free cash flow margin — to name a few. However, it is important to point out that the metrics one uses will often be dependent on a variety of factors. It can include the industry ...

The Consumer Financial Protection Bureau is investigating major US banks for their handling of customer funds on the peer-to-peer payments platform Zelle Network, the Wall Street Journal reported Wednesday.The probe focuses on JPMorgan, Bank of America and Wells Fargo among other large banks, the report said, citing people familiar with the matter.The probe focuses on JPMorgan, Bank of America and Wells Fargo among other large banks, the report said, citing people familiar with the matter. AFP/Getty ImagesJ ...