JPMorgan

May 12, 2025

SoftBank, OpenAI Delay $100B AI Investment Due to Tariffs

SoftBank and OpenAI’s plan to invest $100 billion in artificial intelligence infrastructure in the U.S. as part of the Stargate project has been delayed for several months, according to a report. The

July 29, 2025

JPMorgan Nears Deal to Take Over Apple Card

Goldman Retreats as JPMorgan Steps In JPMorgan Chase is close to securing a major deal to assume control of the Apple Card from Goldman Sachs, according to sources familiar with the discussions.

August 22, 2025

Visa ends U.S. open-banking unit amid rising tensions

Fintech access to bank data faces mounting challenges Visa has shut down its open-banking operations in the United States, a move signaling the growing divide between traditional banks and fintech firms. The

Citi’s investment bank climbs on Vis Raghavan hires

by Jamie Spencer

Viswas Raghavan is reshaping Citigroup’s investment bank with an aggressive hiring spree and cross-division collaboration. Since joining from JPMorgan in 2024, he has brought in more than a dozen senior bankers and

August 18, 2025

Jamie Dimon’s Leadership Amid Economic Warnings

by Jamie Spencer

JPMorgan Chase CEO Jamie Dimon is known for his sharp warnings on economic challenges, yet his bank continues to thrive under his leadership. Despite predicting financial crises and potential recessions, Dimon’s warnings

May 30, 2025

JPMorgan’s Dimon Warns Trump’s Tax Bill Could Worsen Deficit

by Jamie Spencer

JPMorgan Chase CEO Jamie Dimon expressed concern on Thursday about U.S. President Donald Trump’s massive tax and spending bill, stating it could bring temporary stability but is unlikely to reduce the national

May 22, 2025

JPMorgan Analyst Reaffirms Underweight Rating for Novavax

by Jamie Spencer

On May 19, JPMorgan analyst Eric Joseph reaffirmed an Underweight rating for Novavax Inc. (NASDAQ: NVAX) with a price target of $7. This decision follows the approval of the company’s COVID-19 vaccine

May 19, 2025

JPMorgan CEO Dimon Warns of Inflation and Growth Slowdown

by Jamie Spencer

Dimon Criticizes Trump’s Tariffs in Annual Shareholder Letter JPMorgan Chase CEO Jamie Dimon expressed concerns in his annual shareholder letter about the potential economic impacts of President Donald Trump’s newly announced tariffs.

April 7, 2025

JPMorgan Rebrands DEI Program Amid Policy Shifts

by Jamie Spencer

From “Equity” to “Opportunity” JPMorgan Chase (JPM.N) is making significant changes to its Diversity, Equity, and Inclusion (DEI) initiatives, including a rebranding to Diversity, Opportunity, and Inclusion (DOI). Chief Operating Officer Jenn

March 21, 2025

HSBC Reports 3% Workforce Reduction and Stable Bonus Pool

by Jamie Spencer

HSBC’s headcount fell by 3% in 2024 while its staff bonus pool remained largely unchanged, according to the bank’s financial report issued on Wednesday. The Asia-focused lender continues to focus on cost-cutting

February 19, 2025

Carvana Stock Drops Amid Short-Seller Claims, but JPMorgan Stays Bullish

by Jamie Spencer

Carvana (CVNA) shares continued to decline on Friday following a short-selling report from Hindenburg Research, which raised concerns about the used-car retailer’s financial practices. Despite the negative attention, JPMorgan analysts maintained their

January 3, 2025

How JPMorgan Thrives Amid Tough Competition in Banking

by Jamie Spencer

Under CEO Jamie Dimon’s leadership, JPMorgan Chase continues to deliver strong financial results, even as critics question the extent of its influence within the competitive U.S. banking market. During the bank’s recent

October 15, 2024

Suggestions

JPMorgan