Rate Cut Buzz Lifts JPM Stock to New Highs: Is There More Upside Left?

Key Takeaways JPM shares hit an all-time high on rate cut optimism despite the Fed's cautious stance. The bank projects 2025 NII to potentially exceed guidance by $1B amid expansion efforts. IB outlook weakens near term, but markets revenue and long-term deal pipeline remain strong.JPMorgan’s (JPM) shares touched an all-time high of $289.41 on Thursday as incoming economic data, including jobless claims and the third estimate for gross domestic product (GDP) for the first quarter, indicate interest rate c ...