Today's Big 3 have shown signs of choppiness but promise toward the upside. Mike Shorr with @ProsperTradingAcademy joins Rick Ducat to break down the technical trends of JPMorgan Chase (JPM), FedEx (FDX), and Microsoft (MSFT).
Zacks.com users have recently been watching JPMorgan Chase & Co. (JPM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
As Donald Trump is set to become the 47th President of the US, expectations are high for a regulatory shift that could benefit bank stocks. Analysts anticipate that Trump's administration will favor less regulation, which could serve as a “game changer” for financial institutions.
Baird's David A. George downgrades megabank to underperform because it's “more than fully priced” at recent levels.
As indicated by the rise in US bank shares after Donald Trump was declared victor in the race for the White House, the outlook for the banking sector is looking brighter, including a new swathe of industry consolidation For a start, a higher terminal interest rate from the Federal Reserve is likely, with 3.75-4.00% possible at the end of 2025, the UBS analysts said, 100 basis points higher than was priced in a month ago. This suggests a "reset" in net interest income (NII) forecasts for 2025 is needed, but could impact tangible book value (TBV) growth due to unrealized losses in their balance sheets due to declining values in bonds held for sale.
The re-election of Donald Trump has boosted investor optimism, as shown by record highs in the stock market, with the banking sector among the standout performers.
Financial companies and bank stocks — from money center banks to regional banks, credit card companies to stock brokers — soared on Wednesday. The post These Bank Stocks Break Out Amid Huge Financial Rally After Trump Win appeared first on Investor's Business Daily.
Dimon said last month that his chances of taking an official post were "almost nil."
JPMorgan Chase CEO Jamie Dimon will remain at the bank and has no plans to join the Trump administration despite questions about whether he would take a senior government role after the U.S. presidential election, a source said.
It's Election Day, and Jessica Inskip looks at names that could move pending the outcome at the ballot boxes. She explains why she's bullish on JPMorgan Chase (JPM) and Constellation Energy (CEG) and warns on navigating volatile tradability for Trump Media & Technology (DJT).
JPMorgan Chase & Co (NYSE:JPM, ETR:CMC) will reportedly pay $151 million to settle five cases with the US Securities and Exchange Commission (SEC), addressing allegations of misleading brokerage disclosures. According to news sources in the US, the settlement includes $61 million in fines and $90 million in customer reimbursements.
The financial sector has remained resilient, with the Financial Select Sector SPDR Fund NYSE: XLF recently breaking out to new 52-week highs after consolidating for a month. Strong earnings at the start of the earnings season from major players such as JPMorgan Chase, Wells Fargo, and BlackRock initially fueled this rally, reinforcing bullish sentiment.