Asia Pacific Equity Research 30 June 2025 J P M O R G A N Mid-Year Prospects Consumer Discretionary This report forms part of J.P. Morgan Australia Mid-Year Prospects series as we take stock at the mid-point of 2025 and set out our Top Picks and Least Preferred stocks for the remainder of the year. Top Pick –Harvey Norman (HVN AU, OW) Leverage to housing cycle an earnings tailwind. Harvey Norman offers late- cycle exposure to housing, driven by a category mix which is highly leveraged to housing activity, s ...

Virtus Investment Partners (VRTS) shares rallied 6.3% in the last trading session to close at $200.71. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 10.5% gain over the past four weeks.Virtus Investment stock increased in price for the second consecutive trading session. The broader market optimism surrounding potential trade agreements and increased expectations of earlier-than-anticipated interest rate cu ...

Key Takeaways Five stocks from diverse industries gained over 50% in 1H and more upside left in 2H 2025. CVNA expects over 100% earnings growth in 2025, fueled by ADESA integration and tech-driven efficiencies. JBL sees AI, data center demand, and product diversification driving 18.5% earnings growth next year.Wall Street closed at a record-high level to finish a turbulent first half of 2025. June was highly successful for U.S. stock markets. The three major stock indexes — the Dow, the S&P 500 and the Na ...

With the first half of the year in the books, bulls have regained control of Wall Street. Below are six reasons that bulls will remain in control into the summer:Stocks are Entering an Election Cycle Seasonality Sweet SpotStock market seasonality is the practical study of how specific times of year often lead to repeatable patterns that traders and investors can use to gain an edge in the stock market. Seasonality was popularized Yale Hirsch, who published groundbreaking research on seasonality and cycles a ...

Chile’s economic activity unexpectedly dropped in May on declines across several sectors, supporting the central bank’s outlook for renewed interest rate cuts over the coming quarters. https://t.co/uEBPk1nk2B ...

RT Bloomberg en Español (@BBGenEspanol)📊 ¿Quieres saber qué está marcando la semana? @SheryAhnNews nos cuenta sobre el plan fiscal de Trump, expectativas de recortes de tasas por parte de la Fed, la caída del dólar y datos clave desde América Latina. https://t.co/w6aeMs9gM2 https://t.co/8d8rv6x2UT ...

Goldman Sachs pulled forward its forecast for Federal Reserve interest rate cuts, and is now calling for the central bank to resume reductions in September rather than December https://t.co/3tyIOeIz6s ...

A slowdown in the US job market will weigh on the S&P 500, offsetting any positive impact from the Fed’s interest rate cuts, according to JPMorgan strategists https://t.co/cEYOYFO5dg ...

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 ...

After the regular trading day gets underway, New Home Sales for May will hit the tape. Expectations are for a big cooling off to 695K seasonally adjusted, annualized units from the previous month's 12-month high of 743K. Mortgage rates remained elevated last month, within a range of 6.76-7.06%, which provides a natural headwind. On Monday, Existing Home Sales actually outperformed expectations. Fed Chair Jerome Powell spends his second of two days on Capitol Hill, today across the rotunda to testify before ...