JP Morgan Chase & Co. JPM, -0.10% said Friday it had net income of $11.0 billion, or $3.57 a share, in the fourth quarter, up from $10.4 billion, or $3.33 Read more
Tag: warns
JPMorgan stock down 3.7% as CEO Dimon warns of headwinds
JP Morgan Chase & Co. JPM, -0.10% said Friday it had net income of $11.0 billion, or $3.57 a share, in the fourth quarter, up from $10.4 billion, or $3.33 Read more
‘Markets are going to get rocked’ as Fed is likely to push rates higher, economist warns
The Federal Reserve is likely to raise interest rates more than the markets now expect, says Ricardo Reis, an economist at the London School of Economics. “Markets are going to Read more
Trump warns sharing his tax returns will ‘lead to horrible things for so many’
“‘The Democrats should have never done it, the Supreme Court should have never approved it, and it’s going to lead to horrible things for so many people.’” That was former Read more
This long-time bear warns of a ‘trapdoor’ situation looming for the stock market.
Uncertainty is lingering for investors following a recent mixed batch of data — softer-than-expected inflation, stronger-than-anticipated jobs and wages — as we kick off the third week before Christmas. That’s Read more
‘We’ve seen this before,” warns BofA. Why inflation could take until 2024 to fall to 3% and weigh on stocks.
U.S. stocks roared higher Thursday after October’s consumer-price index showed inflation rising at a less aggressive annual pace than expected, spurring hopes that the Federal Reserve’s inflation flight may be Read more
Private companies to face revaluation cuts next year, executive at big tech investor warns
Tech investor and asset manager Baillie Gifford has warned of a tough 2023 for private companies as the market has not felt the “gravitational force” of higher interest rates yet. Read more
Midterm elections may not provide typical boost for U.S. stocks, Deutsche Bank warns, pointing to ‘real jaw dropper’ in this chart on recessions in presidential cycles
The U.S. stock market tends to rise in the 12 months following midterm elections, but that might not be the case this time, according to Jim Reid, head of thematic research Read more
Apple warns that iPhone 14 Pro and Pro Max shipments will be affected by China production issues
Apple Inc. said Sunday that it now expects lower shipments of its high-end iPhone 14 Pro and iPhone 14 Pro Max devices than it did previously, as COVID-19 issues hamper Read more
Apple warns that iPhone 14 Pro and Pro Max shipments will be affected by China production issues
Apple Inc. said Sunday that it now expects lower shipments of its high-end iPhone 14 Pro and iPhone 14 Pro Max devices than it did previously, as COVID-19 issues hamper Read more