Key Takeaways President Donald Trump's call to cap credit card interest rates sounds like relief for millions of Americans paying twice that or more. But industry analyses suggest such a policy would mean up to 80% of credit card accounts could disappear altogether, cutting off the borrowers it's meant to help. Consumer advocates say the frustration behind the idea of capping interest is real. But banks and credit unions warned that a hard cap could force lenders to pull back from anyone without pristine cr ...

Key insights: Trump has proposed a 10% cap on credit card interest rates. What's at stake: The move follows other attempts to regulate credit card fees. Forward look: Congress would likely have to approve such a move. President Donald Trump's plan to cap credit-card interest rates at 10% was met by angry words from bank lobbyists and market declines for issuers.Processing ContentStocks for credit card issuers and the major card networks fell Monday morning, with Citi, JPMorganChase and Bank of America all f ...

Capital One Financial Corporation (NYSE:COF) is one of the stocks from different market sectors that Jim Cramer commented on. Cramer mentioned the company while discussing the performance of the financials sector, as he stated: “Let’s go through the other eight sectors, the ones that underperformed. Descending order… First, the financials were the fourth-best sector in the market last year. They were up 13.3%. Now, there were some huge winners like Robinhood, that was up more than 200%. The big banks did ...

Key Points Most credit card lenders saw their stocks struggle today after President Trump announced a potential 10% interest rate cap on credit card balances. Trump said he plans to implement the interest rate cap on Jan. 20. Industry groups are concerned that the measure could limit credit card companies' ability to extend credit. 10 stocks we like better than Capital One Financial › Shares of the large credit card lender Capital One (NYSE: COF) traded nearly 6.5% lower, as of 12:25 p.m. ET tod ...

JPMorgan Chase & Co., Capital One Financial Corp. and shares of other US banks sank after President Donald Trump called on credit-card companies to cap interest rates at 10% for a year. Capital One, the biggest US card issuer, tumbled 7.3% in early New York trading Monday, while JPMorgan, No. 2 in the rankings, dropped 2.2%. Most Read from Bloomberg Card interest rates, which have been hovering above 20% in recent years, have been a target of US lawmakers on both sides of the aisle, with bills popping ...

Core Viewpoint - Apricus Wealth LLC significantly reduced its stake in JPMorgan Chase & Co. by 76.5% during the third quarter, indicating a potential shift in investment strategy or market outlook [2] Institutional Holdings - Brighton Jones LLC increased its stake in JPMorgan Chase & Co. by 11.0% in the fourth quarter, now owning 48,732 shares valued at $11,682,000 after acquiring an additional 4,841 shares [3] - Acorns Advisers LLC raised its holdings by 6.9% in the first quarter, owning 1,547 shares valued at $379,000 after purchasing 100 additional shares [3] - Jones Financial Companies Lllp grew its position by 28.0% in the first quarter, now holding 769,996 shares valued at $187,275,000 after buying 168,224 shares [3] - Cullen Investment Group LTD. increased its stake by 1.7% in the second quarter, owning 103,470 shares worth $29,997,000 after purchasing 1,776 shares [3] - Private Client Services LLC raised its stake by 20.6% in the second quarter, now owning 8,310 shares valued at $2,409,000 after acquiring 1,419 shares [3] - Institutional investors and hedge funds currently own 71.55% of the stock [3] Stock Performance - JPMorgan Chase & Co. stock opened at $329.34, with a market capitalization of $896.55 billion, a P/E ratio of 16.31, and a PEG ratio of 1.61 [4] - The stock has a 50-day simple moving average of $315.25 and a 200-day simple moving average of $304.42 [4] - The 52-week low is $202.16 and the high is $337.25 [4] Earnings Report - The company reported earnings per share (EPS) of $5.07 for the quarter, exceeding analysts' expectations of $4.83 by $0.24 [5] - Revenue for the quarter was $47.12 billion, surpassing expectations of $44.42 billion, with a year-over-year revenue increase of 8.8% [5] - The return on equity was 17.18% and the net margin was 20.90% [5] - Analysts project an EPS of 18.1 for the current year [5] Dividend Announcement - JPMorgan Chase & Co. announced a quarterly dividend of $1.50, to be paid on January 31st, with a $6.00 annualized dividend and a yield of 1.8% [6] - The ex-dividend date is January 6th, and the current payout ratio is 29.72% [6] Analyst Ratings - Royal Bank Of Canada lowered its price target from $343.00 to $330.00 while maintaining an "outperform" rating [7] - Cowen reaffirmed a "buy" rating, while KGI Securities raised its target price from $300.00 to $315.00, giving a "hold" rating [7] - Weiss Ratings reissued a "buy (b+)" rating, and HSBC maintained a "hold" rating with a target price of $245.00 [7] - Overall, 14 analysts rated the stock as a Buy, 12 as Hold, and 2 as Sell, with an average target price of $333.90 [8] Insider Transactions - Insider Robin Leopold sold 966 shares at an average price of $311.92, totaling $301,314.72, representing a 1.63% decrease in their position [9] - Following the sale, the insider holds 58,479 shares valued at approximately $18,240,769.68 [9] - Insiders own 0.47% of the stock [9] Company Overview - JPMorgan Chase & Co. is a diversified global financial services firm headquartered in New York City, offering a wide range of banking and financial products [10] - Its operations include retail banking, commercial lending, investment banking, asset management, payments, and treasury services [10][11]

Core Insights - Capital Advisors Inc. OK increased its stake in JPMorgan Chase & Co. by 4.7% in Q3, owning 560,784 shares valued at $176.89 million, making it the 5th largest holding in their portfolio [2] - Several institutional investors significantly modified their holdings in JPMorgan Chase & Co. in Q2, with Kingstone Capital Partners Texas LLC raising its position by 609,867.5% to 72,897,211 shares valued at $21.13 billion [3] - Insider Robin Leopold sold 966 shares at an average price of $311.92, resulting in a 1.63% decrease in their position [4] - Analysts have mixed ratings on JPMorgan Chase & Co., with a consensus rating of "Hold" and a price target of $333.90 [5] - The company reported Q3 earnings of $5.07 EPS, exceeding estimates, with revenue of $47.12 billion, an 8.8% year-over-year increase [7] - JPMorgan Chase & Co. announced a quarterly dividend of $1.50, representing a 1.8% yield and a payout ratio of 29.72% [8] - The company operates across various segments, including Consumer & Community Banking, Corporate & Investment Banking, Commercial Banking, and Asset & Wealth Management [9][10] Financial Performance - The stock opened at $329.34, with a market cap of $896.55 billion, a P/E ratio of 16.31, and a beta of 1.07 [6] - The stock has a 1-year low of $202.16 and a high of $337.25, with 50-day and 200-day moving averages at $315.25 and $304.42, respectively [6] Institutional Ownership - 71.55% of JPMorgan Chase & Co.'s stock is owned by institutional investors and hedge funds [3]

Credit cards are one of the most widely used financial tools in the United States. They shape how people spend, borrow and build credit. So, it’s fair to wonder what would happen if Americans suddenly stopped using them. To explore the scenario, we asked ChatGPT to break down the consequences. To give you the best answer, ChatGPT laid out the big-picture effects, and we verified the key numbers with data from the Federal Reserve, the Bureau of Economic Analysis and the Consumer Financial Protection Bureau ...

Few companies know how to grow as well as this one does.I believe that MercadoLibre (MELI +1.01%) could triple in value. Rather than being overly aggressive with my projection, I'll say that this could happen within the next 10 years. In my view, this makes this e-commerce, financial technology, and logistics giant one of the best stocks to buy in 2026.MercadoLibre is an expert at growing its business. For 27 consecutive quarters (nearly seven years), the company has grown its revenue by at least 30% year o ...

Group 1 - Capital One Financial Corporation (NYSE:COF) has recently acquired Discover, positioning itself as a significant player in the credit card market [1] - The company is currently trading at 12 times earnings, which is considered very cheap compared to its peers [1] - There is an expectation of rate cuts this year, which could benefit Capital One, especially with its stock buyback strategy [1] Group 2 - Capital One's stock has increased by approximately 38%, indicating strong market performance [2] - The company is anticipated to have a "monster year" in 2026, suggesting positive growth prospects [2] - While Capital One shows potential, there are other AI stocks that may offer greater upside and less downside risk [2]