(CoinDesk) JPMorgan has cut the price target of crypto exchange Coinbase to $68 from $171. The strategists also gave a neutral from overweight rating. The banking strategists believe that Coinbase…
(JPMorgan Chase) JPMorgan Chase & Co reported a 42% plunge in quarterly profit as dealmaking slowed and the lender began building loan loss reserves amid the Ukrainian crisis. The lender…
(Markets Insider) Strategists at JPMorgan believe investors can benefit from another 40% bull run in commodities, pointing out that the asset class is still under-allocated. The strategists say that commodity…
(Markets Insider) Innovation stocks, loved by Cathie Wood’s Ark Invest, are attractively priced and present buying opportunities, according to JPMorgan’s Marko Kolanovic. Kolanovic says the innovation stocks, already posting little-to-no…
(Cointelegraph) Banking giant JPMorgan has opened a virtual lounge in Decentraland as it takes a first mover advantage among peers into the “$1 trillion” market opportunity. Visitors to JPMorgan’s lounge,…
(Bloomberg) JPMorgan strategists say small cap stocks and cyclicals are attractive buys after the recent dip, pointing out that they have already priced for an unlikely economic recession. Led by…
(Markets Insider) JPMorgan strategist Marko Kolanovic expects stocks to rise soon, warning that the recent decline is entering the “final stages” of the market correction. Kolanovic says that fears over…
(JPMorgan) JPMorgan Chase reported a record $48.3 billion net profit in the financial year 2021 on the back of investment banking increase and lower loan losses. In the fourth quarter…
(Bloomberg) JPMorgan strategists say the Omicron variant will not derail the stock rally, expecting S&P 500 to gain up to 9% by the end of 2022. The strategists foresee a…
(WSJ) Tesla CEO Elon Musk is set to square out with JPMorgan’s Jamie Dimon who has said the EV maker owes it $162 million from a trade arrangement dating back…
(CNN Business) JPMorgan wants Tesla to pay $162.2 million in a lawsuit accusing CEO Elon Musk of violating a contract involving the company’s stock warrants. The warrants relate to a…
(Markets Insider) JPMorgan strategists have urged investors to prioritize Ethereum over Bitcoin holdings in the wake of looming interest hikes by global central banks. JPMorgan says a hike in interest…