Tag Archives: JPMorgan

[unable to retrieve full-text content]JPMorgan says S&P 500 will fall next year amid ‘challenging macro backdrop’  Yahoo Finance Source link

[unable to retrieve full-text content]Stocks fall, JPMorgan surges after earnings: Stock market news today  Yahoo Finance Source link

Tesla stock is picking right up where it left off in 2022: Lacking juice. Shares of the EV maker fell more than 12% on Tuesday, the biggest one-day drop in more than two years. The stock at one point hit its lowest level since August 2020, with investors reacting to a lackluster fourth-quarter delivery figure released on New Year’s Day. Tesla was the top-trending ticker on the Yahoo Finance platform. Tesla saw fourth-quarter deliveries rise 18% sequentially to 405,000, missing consensus… Source link

Tesla stock is picking right up where it left off in 2022: Lacking juice. Shares of the EV maker fell more than 12% on Tuesday, the biggest one-day drop in more than two years. The stock at one point hit its lowest level since August 2020, with investors reacting to a lackluster fourth-quarter delivery figure released on New Year’s Day. Tesla was the top-trending ticker on the Yahoo Finance platform. Tesla saw fourth-quarter deliveries rise 18% sequentially to 405,000, missing consensus… Source link

Netflix stands to haul in big bucks over the next few years from the launch of its first ad-supported tier, estimates JPMorgan. Analyst Doug Anmuth estimated in a new note on Monday Netflix could drive 7.5 million subscribers to its ad-supported tier in its US/Canada segment in 2023. That alone will help drive $600 million in advertising sales in 2023 for the segment. Anmuth expects those numbers to swell by 2026 as Netflix’s execution on selling ads improves. By 2026, Anmuth thinks Netflix’s… Source link

JPMorgan’s North American equity team is lowering its price target for shares of Coinbase Global from $78 to $60 for December. The publicly listed crypto exchange draws the majority of its revenue from U.S. crypto trading levels, meaning its third and fourth quarter earnings hinge on crypto trading interest. “We think pressure on Coinbase revenue from falling cryptocurrency markets will pressure the stock price,” JPMorgan analysts wrote. Shares of Coinbase Global (COIN) sold down from… Source link

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JPMorgan CEO Jamie Dimon spoke to some of the bank’s wealthy clients on a call Tuesday, Yahoo reported.  He said there’s a 20-30% chance of a “harder recession” and equal odds of “something worse.” He described current risks as “storm clouds,” an apparent downgrade from his June warning of a “hurricane.” … Source link

P Morgan CEO Jamie Dimon looks on during the inauguration of the new French headquarters of US’ JP Morgan bank in June 2021 in Paris.MICHEL EULER/POOL/AFP via Getty Images JPMorgan CEO Jamie Dimon spoke to some of the bank’s wealthy clients on a call Tuesday, Yahoo reported. He said there’s a 20-30% chance of a “harder recession” and equal odds of “something worse.” He described current risks as “storm clouds,” an apparent downgrade from his June warning of a “hurricane.” JPMorgan CEO Jamie… Source link

Inflation has been a persistent nightmare, and rising rents nationwide are partly to blame. Unfortunately for renters, things are unlikely to get better this year. “No quick relief in rent increases,” Alan Detmeister, a senior economist at UBS, told Yahoo Finance. “Probably not getting too much worse after the early next year [or] probably peaking early next year but then a long slow, downward pace on rent increases and still staying high through at least the end of 2024.” The rental inflation… Source link