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JPMorgan expects Nike's China distribution reset and U.S. store closures to pressure earnings through fiscal 2028.

The fair value estimate for Gold Fields has been reset lower, moving from ZAR914.75 to ZAR717.63, and analysts have also cut price targets in US$ terms. Recent research links these changes to updated gold and silver price assumptions, margin pressure and revised P/E multiples. Firms such as JPMorgan still maintain an Overweight stance even after trimming their target from US$75 to US$55. As you read on, you will see how this evolving analyst narrative on Gold Fields could shape the way you...

Investing.com -- JPMorgan downgraded Nike to Underweight from Neutral in a note Tuesday, warning investors that the financial impact of the company's turnaround decisions will linger far longer than the Street expects, pressuring earnings through fiscal 2028.

GS, JPM, TRV and JNJ stand out as Dow hits a new high amid an AI-driven tech sell-off, with these blue-chip stocks backed by strong earnings growth.

(Bloomberg) -- Some of the historic family owners of Anheuser-Busch InBev sold a €731 million ($843 million) stake in the world’s largest brewer, after its shares surged at the start of this year. Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedSaudi Prince Concerned Over Trump’s Iran Strike Plan: AxiosSingapore's Gated Island for the Rich Is Marred by Decayed HomesTrump Says Iran Talks to Begin Monday After Scrapping AttackCrushed by Kospi Rout, Angry Koreans Rip Lee

The cool news is that the latest data from the Federal Reserve’s preferred inflation indicator came in lower than consensus in June, primarily due to a drop in energy prices. The not-so-cool news? During his second Fed Day as Chairman of the U.S. central bank, Kevin Warsh hemmed and hawed over ...

JPMorgan warns that fading CLARITY Act odds are a setback for crypto markets since further delays give traditional finance infrastructure a bigger head start over public crypto networks. JPMorgan’s Warning: This Is Not Just About a Delayed Vote JPMorgan analysts...

The leveraged hedge fund is working with prime brokers to reduce positions after a July sell-off hit AI infrastructure longs and software shorts, reversing a 439% first-half gain.

Investing.com -- JPMorgan downgraded Pirelli to Neutral from Overweight on Thursday after the tire maker reported first-half results the bank described as solid, citing limited upside at its price target.

Bank investors like a Fed rate hike. But they didn't get one.

(Bloomberg) -- Executives and investors tied to the AI supply chain were among the biggest insider sellers in the second quarter, taking advantage of a sharp — and volatile — rally in technology stocks.Most Read from BloombergUS Intercepts Iran Attack on Bases, Puncturing Days of CalmSK Hynix Profit Disappoints, Spending Soars to $31 BillionNvidia’s $750 Billion in Deals Reignite Circular AI FearsChip Rout Deepens on Circular Funding, China Competition FearsApple Set to Make Big Smart Home Push

NEW YORK, July 27 (Reuters) - The former JPMorgan Chase banker whose lurid sexual harassment lawsuit went viral added new claims and defendants on Monday, saying the largest U. bank's acceptance of racism and sexual coercion irreparably destroyed his ‌career.

Chirayu Rana accused former colleague Lorna Hajdini of violating his civil rights and named three other leveraged-finance bankers.

Investing.com -- JPMorgan downgraded Rollins to Neutral from Overweight and cut its price target to $45 from $70, saying uncertainty around weakening residential demand and a slower-than-expected margin recovery has made the pest control company's near-term risk-reward less compelling despite its intact long-term growth story.

Investing.com -- Infosys drew fresh analyst downgrades from JPMorgan and HSBC after its first-quarter earnings missed expectations, management cut its fiscal 2027 revenue growth guidance for a second consecutive quarter, and announced a CEO transition, reinforcing concerns over slowing business momentum.

(Bloomberg) -- A rapid selloff in the high-flying momentum trade is wrecking the strategy’s staunchest bulls: Retail traders. Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump Rebuilds Tariffs With New Levies on 60 EconomiesAlphabet Falls as $205 Billion Spending Plan Fuels AI Cost FearA basket of 50 stocks favored by amateur invest

Dimon looks for a particular characteristic when promoting people to a “big job.”

JPMorgan Chase just had the most profitable quarter in its history. Second-quarter net income came in at $21.2 billion, powered by a surge in trading revenue and a gain on its Visa stake. The S&P 500 is up close to 10% this year. Consumers are still spending. Inflation has moderated. By most ...

(Bloomberg) -- Lawyers for President Donald Trump and his sprawling business interests are heading to court this week in Florida for high-stakes hearings that follow a pair of major setbacks in their wave of multibillion-dollar lawsuits.Most Read from BloombergUS Strikes Iran in Escalating Campaign After Troops KilledThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsTrump Silent So Far on Iran Plans as US Death

The unwind in artificial intelligence and momentum stocks is entering its maturing stage and should not trigger prolonged market weakness, according to JP Morgan. The bank's equity strategists, led by Mislav Matejka, noted a challenging few weeks for AI-linked groups, with Korea's market down...

Manufacturing a high-quality beer doesn't always guarantee success in the craft brewery business. Award-winning craft beer maker Coldwater Mountain Brewpub LLC filed for Chapter 11 bankruptcy to restructure its debts and reorganize its business after over four years of operating. The debtor did not ...

The CEO of the largest bank in the U.S. minimized concerns about AI’s impact on jobs.

NEW YORK, July 17 (Reuters) - A New York state judge dismissed a lawsuit by a former JPMorgan Chase banker who in graphic terms said his former supervisor coerced him into sex and demanded his

The casual restaurant tradition of giving diners a complimentary wrapped candy after a meal, as Olive Garden has been known for, is pleasing to many customers and can sometimes ensure that a nice tip with be left at the table. Some restaurants offer the classic Starlight Mint, an Andes chocolate ...

Recent updates show Vicor reporting strong demand for its high-density power solutions tied to AI infrastructure, expanding manufacturing capacity, and growing licensing royalties, while investors such as JPMorgan have disclosed meaningful ownership stakes and analysts have reacted positively to the company’s long-term outlook. At the same time, a very large year-to-date stock gain, insider selling in the hundreds of millions of US dollars, and questions about valuation highlight a tension...

AI infrastructure financing appears to be shifting toward leveraged loans as QTS taps strong investor demand.

Micron stock is down 20% over the past month and there are a few factors hitting the memory-chip company.

JPMorgan Chase (JPM) just posted the biggest-ever quarterly profit by a U.S. bank. But that record alone is not the reason retail investors should care. The $21.2 billion profit involved gains that won’t recur each quarter. Visa-related transactions added $4.6 billion, while some equity investments ...

The bank says the Hyperliquid partnership and rising competition could weigh on Circle and Coinbase's stablecoin revenue.

(Bloomberg) -- Investors should look across the entire artificial intelligence value chain rather than focus on Big Tech alone, according to JPMorgan Private Bank’s Madison Faller. Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI Companion‘We Faltered’: IBM Plunges Most S