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JPMorgan Turns Rosy on Tesla a Day After Dimon Lauds Musk
Bloomberg69d agoneutral
JPMorgan Turns Rosy on Tesla a Day After Dimon Lauds Musk

(Bloomberg) -- The morning after Jamie Dimon offered Elon Musk an audience to talk up SpaceX, JPMorgan Chase & Co.’s new lead autos analyst completely changed the bank’s tune on Tesla Inc.Most Read from BloombergBecerra Advances for California Governor as Hilton Fights SteyerSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapWhat to Expect From Apple’s AI, Siri and iOS 27 Launch at WWDCSaylor’s Bitcoin Machine Is Misfiring on Eve

Citigroup Economists Maintain Lonely Call for Fed Rate Cuts
Bloomberg70d agobearish
Citigroup Economists Maintain Lonely Call for Fed Rate Cuts

(Bloomberg) -- Unswayed by strong US jobs data released Friday, economists at Citigroup Inc. are maintaining their increasingly lonely prediction that the Federal Reserve will cut interest rates three times this year.Most Read from BloombergBecerra Advances for California Governor as Hilton Fights SteyerSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapWhat to Expect From Apple’s AI, Siri and iOS 27 Launch at WWDCSaylor’s Bitcoi

Jim Cramer Says “You Can Buy JPMorgan and Put It Away”
Insider Monkey70d agobullish
Jim Cramer Says “You Can Buy JPMorgan and Put It Away”

JPMorgan Chase & Co. (NYSE:JPM) was among Jim Cramer’s stock calls on Mad Money, as he highlighted several opportunities in out-of-favor sectors. Cramer called it the “best bank in the world,” as he commented: But honestly, if you’re looking for a fortress, I like the stock of JPMorgan here. It’s got balanced growth, sells for […]

JPMorgan Crypto Revolution: Will Tokenized Deposits Kill Stablecoins?
99bitcoins70d agoneutral
JPMorgan Crypto Revolution: Will Tokenized Deposits Kill Stablecoins?

In crypto news today (June 4), the market continues to bleed as June maintains its bearish trend. Bitcoin crashed below $62,000 overnight, falling by -4.8% over the past 24 hours. The crash has caused more than $1.63Bn in daily liquidations, with over $1.38Bn of that figure being long trades. This ...

Musk Leaves Investors Starstruck at Dimon’s SpaceX Extravaganza
Bloomberg70d agoneutral
Musk Leaves Investors Starstruck at Dimon’s SpaceX Extravaganza

(Bloomberg) -- Elon Musk can still enchant investors with his vision of the future.Most Read from BloombergSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSaylor’s Bitcoin Machine Is Misfiring on Every CylinderGlazer Family Members Study Manchester United Stake Sale‘Sell Indonesia’ Sweeps Trading Desks as Prabowo Tightens GripRepublican-Led House Votes to Stop Iran War, Rebuking TrumpAny questions about SpaceX’s record-breaking initial public offering — be it about the valuation, the compa