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A Hidden Gas Price Spike Is Coming — and It Has Nothing to Do With Iran
24/7 Wall St.61d agoneutral
A Hidden Gas Price Spike Is Coming — and It Has Nothing to Do With Iran

Many investors and drivers breathed a sigh of relief after the 2024 election. President Trump campaigned hard on bringing down energy costs, and the first year of his second term saw gas prices fall sharply from the year before. Then the outbreak of the Iran conflict briefly sent oil above $100 a barrel and pushed ... A Hidden Gas Price Spike Is Coming — and It Has Nothing to Do With Iran

JPMorgan Posted Record Profits, but CEO Jamie Dimon Says the Next Crisis Will Be Worse Than Anyone Expects
24/7 Wall St.61d agoneutral
JPMorgan Posted Record Profits, but CEO Jamie Dimon Says the Next Crisis Will Be Worse Than Anyone Expects

JPMorgan Chase (NYSE:JPM) reported Q1 2026 net income of $16.5 billion, with EPS of $5.94, up 17% from a year earlier. Revenue hit $49.836 billion. Markets revenue set a record at $11.6 billion, up 20% year over year. Investment banking fees jumped 28%, with advisory fees up 82%. The stock has climbed 26% over the ... JPMorgan Posted Record Profits, but CEO Jamie Dimon Says the Next Crisis Will Be Worse Than Anyone Expects

Microsoft’s CEO Just Warned the Entire AI Industry: Your Dominance Will Trigger a Backlash
24/7 Wall St.61d agoneutral
Microsoft’s CEO Just Warned the Entire AI Industry: Your Dominance Will Trigger a Backlash

Satya Nadella did something unusual on June 14. The CEO of a roughly $2.93 trillion company bypassed the earnings stage and the conference circuit, and posted to his personal blog, “sn scratchpad,” with a warning aimed squarely at his own industry. The line that matters: “If all the value is accrued by only a few ... Microsoft’s CEO Just Warned the Entire AI Industry: Your Dominance Will Trigger a Backlash

3 Stocks That Have Made Long-Term Investors Rich and Could Do It Again
24/7 Wall St.61d agoneutral
3 Stocks That Have Made Long-Term Investors Rich and Could Do It Again

June is a natural moment for mid-year reflection. Short-term traders are squaring quarterly books, but long-term investors should be doing something different: stepping back to ask which businesses have already produced multi-decade compounding, and whether the moats that drove those returns are still intact today. Past performance does not guarantee future returns; however, durable competitive ... 3 Stocks That Have Made Long-Term Investors Rich and Could Do It Again

Approaching 60 and Need a Paycheck? JEPI Might Be Your Answer
24/7 Wall St.61d agoneutral
Approaching 60 and Need a Paycheck? JEPI Might Be Your Answer

You are five years from retirement, sitting on a chunk of savings, and the math is starting to feel real. You want a monthly paycheck out of your portfolio without selling shares every time the market gets twitchy, and you want it without parking everything in bonds that barely beat inflation. That is the exact ... Approaching 60 and Need a Paycheck? JEPI Might Be Your Answer