JPM News and Press, JP Morgan Chase & Co. From 02/02/24

2024-02-02 19:25:00 ET Summary The upside surprise for Q4 ’23 SP 500 EPS closed the week at +6.4%, versus the +7.2% from Q3 ’23. The revenue upside surprise this week for Q4 ’23 S&P 500 improved to +1.2%, versus Q3 ’23’s +0.9%. The forwar...

2024-02-02 05:58:49 ET Summary Speculation and misunderstanding about "hold to maturity" issues at Bank of America have led to market miscalculations and unnecessary fears. Hold-to-maturity debt securities at the bank have "disappearing" losses, creating an investment opportunity ...

2024-02-01 12:53:11 ET Bets against financial stocks are marginally lower from the end of 2023. Average short interest across S&P 500 financial stocks was 1.46% of shares float in mid-January, from 1.5% at Dec. 29... Read the full article on Seeking Alpha For further details...

2024-02-01 10:31:51 ET More on Ally Financial, Installed Building Products, etc.: Neutral On Ally Financial Based On My 2025 EPS Forecast Math Ally Financial Inc. (ALLY) Q4 2023 Earnings Call Transcript Ally Financial Inc. 2023 Q4 - Results - Earnings Call Presentati...

2024-02-01 05:30:00 ET The S&P 500 advanced 24% last year. Those gains were driven in large part by stronger-than-expected economic expansion and excitement about artificial intelligence. An analyst at JPMorgan Chase (NYSE: JPM) , a leader in investment banking revenue, beli...

2024-02-01 01:38:49 ET Summary JPMorgan Chase has outlined strong shareholder performance since late 2022, but the high odds of a recession in 2024 suggest oversized loan default risk is approaching. The pattern of cash yield fluctuations for equities, including JPMorgan vs. 1-yea...

2024-01-31 13:01:40 ET More on Energy Select Sector SPDR ETF, Financial Select Sector SPDR ETF, etc. XLF: How Exposed Is It To Inflation And Fluctuating Rates? Why Buffett Keeps Buying Energy Hand Over Fist: XLE Implications Reasons To Be Bullish About Oil In 2024 ...

2024-01-31 12:05:50 ET Summary The GICS sector committee recently moved several major stocks in the Tech Sector to the Financial Sector. This raised questions about how true to its Sector XLF is now. We examine its holdings and compare them with VFH whose index holds several hundr...

2024-01-30 13:32:56 ET More on Citigroup Citigroup: Invest Alongside Buffett In This Turnaround Story Citigroup: Q4, Only A Restructuring Play Right Now Citigroup: Here's Why I'm A Fan Of Q4 Results, Despite The Bank Losing $1.8 Billion Citi, BofA, Goldman Sa...

2024-01-30 07:15:02 ET Morgan Stanley analyst issues OVERWEIGHT recommendation for JPM on January 30, 2024 07:15AM ET. The previous analyst recommendation was Overweight. JPM was trading at $172.73 at issue of the analyst recommendation. The overall analyst consensus : B...