JPMorgan Chase & Co. is a leading global financial services firm that provides a wide range of financial solutions to consumers, businesses, and governments. The company offers investment banking, asset management, private banking, and wealth management services while also delivering a full suite of commercial banking products. With a strong emphasis on innovation and technology, JPMorgan Chase plays a pivotal role in the financial market, helping clients navigate complex financial landscapes through expert advice and tailored services. The firm is committed to maintaining its reputation for integrity and professionalism while actively contributing to economic development and community investment. Read More
Wedbush analyst Seth Basham raised the brokerage’s price target on Carvana to $360 from $320 and noted that guidance for the third quarter suggests continued momentum toward long-term growth initiatives.
JPMorganChase today celebrated the construction of its 1,000th branch since launching its market expansion initiative in 2018, marking a significant milestone toward improving access to financial services across the nation.
J.P. Morgan Payments is unveiling its Supply Chain Finance (SCF) solution integrated with Oracle Fusion Cloud Enterprise Resource Planning (ERP) to optimize working capital — a solution that is being used by FedEx.
Jamie Dimon, the CEO of JPMorgan Chase & Co. (NYSE: JPM), has reportedly visited the White House twice in the past two months. This marks a significant shift in the relationship between the head of the largest American bank and President Donald Trump.
The Federal Reserve has once again opted to maintain its benchmark interest rate, keeping it within the range of 4.25% to 4.5%. This marks the fifth consecutive time the central bank has held rates unchanged, a decision that was largely anticipated by financial markets. For consumers and businesses,
Today, JPMorganChase (NYSE: JPM) and Coinbase (NASDAQ: COIN) announced a strategic partnership that sets a new standard for customer choice and security in the innovation economy. This collaboration introduces features designed to enhance access and optionality for our mutual customers.
Veteran real estate finance attorney Michael Fralin, known for steering complex billion-dollar deals and helping build real estate private equity firm SomeraRoad from the ground up, is turning his attention to something more personal—and far more universal: how professionals can work with more intention, not more hours.
Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 3.6% in the morning session after it announced a strategic partnership with JPMorgan Chase to make cryptocurrency more accessible to the bank's customers.
The Independent Restaurant Coalition (IRC) and Chase today announced a multi-year partnership to offer meaningful support to independent restaurants and bars as they continue to be vital employers and leaders in communities nationwide.
A number of stocks fell in the afternoon session after reports pointed to a broad-based weakening of consumer health, highlighted by rising loan delinquencies and falling spending intentions.
Shares of semiconductor design software provider Cadence Design Systems (NASDAQ:CDNS) jumped 9.1% in the afternoon session after the company reported strong second-quarter results that surpassed analyst expectations and raised its full-year financial outlook. The electronic design automation (EDA) company, which provides software and hardware for designing semiconductors, posted second-quarter adjusted earnings of $1.65 per share on revenue of $1.28 billion. This revenue figure represented a 20% increase year-over-year, and both metrics beat analyst forecasts. The strong performance was attributed to high demand from the artificial intelligence, high-performance computing, and automotive sectors. This result came despite Cadence disclosing a one-time charge of $140.6 million to settle legal proceedings with the U.S. government over its business operations in China. Investors appeared to focus on the strong results, as the company also increased its 2025 revenue forecast to a range of $5.21 billion to $5.27 billion and its adjusted EPS guidance to between $6.85 and $6.95. Following the news, analysts at firms including J.P. Morgan and Wells Fargo raised their price targets.
Barclays PLC, one of the most influential financial institutions in the world today, traces its origins back over three centuries to the coffee houses and counting houses of London. From its modest beginnings as a Quaker-led partnership to becoming a pillar of international banking, Barclays has evolved through mergers, innovations,
Shares of health coverage company Centene (NYSE:CNC)
fell 3.3% in the morning session after JPMorgan cut its price target on the managed care company to $30 from $48. This move by JPMorgan followed Centene's recent second-quarter earnings report, where the company posted a loss of $0.16 per share, missing analyst estimates. The poor results were largely attributed to a significant reduction in the company's net 2025 Marketplace risk adjustment revenue transfer estimate, an issue that first came to light when Centene withdrew its full-year guidance on July 1st. The company's performance prompted a series of downgrades from Wall Street, with firms like UBS, Wells Fargo, and Morgan Stanley also cutting their price targets, signaling widespread concern over the company's ability to restore its earnings trajectory.
