Brent crude rose from $72 in late February to above $118 in March when the Strait of Hormuz effectively closed. By late June, after a U.S.-Iran peace deal began reopening shipping lanes, it had fallen back below $80. Every major bank that published a price target this year has had to revise it, ...
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With the semiconductor sector showing signs of exhaustion and overvaluation, the AI investment playbook is fundamentally shifting. Investors must now pivot away from hardware builders to traditional firms leveraging AI to slash operational costs and drive margin expansion.
JPMorgan, Novartis and Qualcomm headline today's top stock reports, highlighting growth drivers, competitive pressures and key catalysts ahead.
JPMorgan Chase promoted Doug Petno and Troy Rohrbaugh to co-presidents. In addition, Marianne Lake, a longtime lieutenant to Chairman and Chief Executive Jamie Dimon, is retiring. The moves mark another twist in the saga of who will replace Dimon, who turned 70 this year.
The dividend increases from JPMorgan and Goldman Sachs underscore the strength of the U.S. banking sector following another successful round of Federal Reserve stress tests.
Netflix’s latest valuation work includes a small trim to fair value, moving to $114.15 from $114.56, signaling only a modest adjustment in the underlying model. This shift lines up with mixed analyst commentary that weighs the potential of Netflix’s growing advertising efforts and pricing power against concerns over engagement, valuation sensitivity, and already ambitious revenue expectations. In the sections that follow, you will see how to interpret these updates and track the evolving...
Financial stocks were mixed in late Thursday afternoon trading, with the NYSE Financial Index rising
Banks have been going on a dividend spree after sailing through the Federal Reserve’s latest stress test. Major banks rushed to announce increased dividends and buyback programs after acing the Fed’s latest test of their financial health. JPMorgan Chase Morgan Stanley Citigroup and Goldman Sachs all announced divided increases, while JPMorgan Chase and Morgan Stanley also detailed new buyback initiatives.
JPMorgan on Thursday promoted Doug Petno and Troy Rohrbaugh to be co-presidents of the firm, named them CEOs of the bank’s two biggest businesses and gave them $30 million retention bonuses to stay around.
JPMorgan Sees Modest Increase Despite Memory Cost Pressure
As JPMorgan stock shows excellent relative strength and holds above its moving averages, traders might try this options play.
Financial stocks were mixed in Thursday afternoon trading, with the NYSE Financial Index rising 0.3%
Lake’s departure leaves two executives in pole position to eventually replace one of the longest-serving CEOs of a major U.S. bank.
Find insight on JPMorgan Chase, UniCredit’s takeover offer for Commerzbank and more in the latest Market Talks covering financial services.
JPMorgan Chase (JPM) said Thursday that it promoted two senior executives to co-presidents as part o
The latest reset of ASOS price targets, including moves such as the £2.85 level from JPMorgan and £4.00 from Deutsche Bank, puts fresh numbers around how analysts are thinking about the company. Those revised targets, and the mix of bullish and Neutral views behind them, offer a clearer read on how the Street is weighing valuation against execution risk and earnings potential. Read on to see what sits behind these shifts and how you can track the evolving ASOS narrative from here. Stay...
JPMorgan Chase promoted investment bankers Doug Petno and Troy Rohrbaugh to copresidents of the bank, elevating two potential contenders to succeed Jamie Dimon whenever the longtime CEO step downs from running the nation’s largest bank. The bank also announced Thursday that Marianne Lake, who had held several top positions in the company including chief financial officer and CEO of the consumer banking division, will retire at the end of the year. The promotion of Petno and Rohrbaugh is a sign that JPMorgan’s board is looking to its commercial and investment banking ranks as it develops the next generation of leadership, even as Rohrbaugh will now move over to run the bank’s giant consumer business.
Market Catalysts Host Julie Hyman shares breaking news at JPMorgan & Chase (JPM) as CEO of Consumer & Community Banking, Marianne Lake is set to retire from the firm. The bank is elevating two top executives, Doug Petno and Troy Rohrbaugh, to newly created co-president roles, fueling fresh discussion about CEO succession plans.
The largest U.S. bank by assets named two co-presidents as part of its latest executive management changes. Marianne Lake, who was widely viewed as a contender to succeed CEO Jamie Dimon, will retire from the company.
JPMorgan Chase will significantly expand its national “Community Center” program, the bank said Thursday, with plans to double the number of these specialized branches the bank operates particularly in low-income neighborhoods. Along with doubling the number of Community Center branches, the bank plans to hire an additional 150 employees, known as community managers, and provide additional programming at these locations. The Community Center program focuses on Chase opening branches in low- and moderate-income communities, particularly in areas where residents may be underbanked or unbanked.
Tapestry (TPR) CEO Joanne Crevoiserat sits down with Yahoo Finance Executive Editor Brian Sozzi at the 2026 Cannes Lions International Festival of Creativity to discuss how her company's brands Kate Spade and Coach engage with younger consumers seeking to purchase their first handbag.
Jefferies records a y/y rise in revenues in second-quarter fiscal 2026. However, higher expenses hurt the results despite robust investment banking performance.
🐻 JPMorgan now sees Brent crude, the international oil benchmark, averaging $80 a barrel in the fourth quarter and around $64 a barrel next year. Brent was last around that level in January, when the dominant narrative in the global oil market was that of oversupply. In a note today, JPMorgan analysts cited lower-than-expected drawdowns of oil stocks from OECD countries and weaker global demand.
Following the successful clearance of the 2026 stress test, State Street intends to increase its quarterly dividend 10%.
JPMorgan Chase named Doug Petno and Troy Rohrbaugh as co-presidents of the company, laying the groundwork to find candidates to succeed chief executive Jamie Dimon.
Marianne Lake, long seen as a top contender to lead the bank, is retiring after more than 25 years at the firm
The changes are sharpening who is in line to take over for 70-year-old CEO Jamie Dimon. A surprise is the retirement of Marianne Lake, the head of banking.
Marianne Lake, long seen as a potential successor to Jamie Dimon, will retire.
JPMorgan Chase named Doug Petno and Troy Rohrbaugh as co-presidents of the company, laying the groundwork to find candidates to succeed chief executive Jamie Dimon.