Latest news with #JPM
Yahoo
2 days ago
- Business
- Yahoo
JPMorgan Emerges Strong Amid Market Swings, Says Wolfe Research
JPMorgan Chase & Co. (NYSE:JPM) is one of Best Dividend Stocks to Buy for Dependable Growth. According to Wolfe Research, investors should consider JPM amid volatility. The stock has surged by over 12% since the start of 2025, outperforming the broader market by a wide margin. A group of business people discussing plans around a boardroom table adorned with a financial services company logo. With markets remaining unsettled due to evolving trade policies and geopolitical tensions, Wolfe Research is focusing on companies with a long-standing habit of buying back their own shares as a way to weather the volatility, and JPMorgan Chase & Co. (NYSE:JPM) made the cut. Wolfe's 'consistent buyback' list highlights firms that have reduced their share count for at least 10 consecutive years. According to Chief Investment Strategist Chris Senyek, this group of stocks tends to perform well during defensive market phases and around periods of economic downturn. According to the firm, JPMorgan Chase & Co. (NYSE:JPM) kicked off 2025 by increasing its share repurchases, despite CEO Jamie Dimon expressing caution at the bank's 2024 investor day, when he felt the stock was somewhat overvalued. However, with JPM sitting on a growing cash reserve, the buybacks moved forward. Wolfe's data indicates the bank's buyback-to-market-cap ratio stands at 4%. So far in 2025, JPMorgan stock has seen steady performance, and about 56% of analysts tracked by FactSet have rated it a 'Buy,' with the average price target suggesting a roughly 3% potential upside. JPM is also a solid dividend payer, currently offering a quarterly dividend of $1.40 per share for a dividend yield of 2.08%, as of June 17. JPMorgan Chase & Co. (NYSE:JPM) is a leading provider of investment banking, commercial banking, asset management, and financial transaction services. The firm serves millions of customers across the U.S., along with major corporate, institutional, and government clients around the world. While we acknowledge the potential of JPM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
How Chase's new Sapphire Reserve credit card compares to rivals
JPMorgan Chase (JPM) is hiking the annual fee on its Sapphire Reserve card from $550 to $795 and adding perks like new spending bonuses. Yahoo Finance Senior Credit Card Writer Ben Walker joins Wealth to break down how the revamped card compares to Chase Sapphire Preferred, American Express (AXP) Platinum, and Capital One (COF) Venture X credit cards. To watch more expert insights and analysis on the latest market action, check out more Wealth here. Sign in to access your portfolio
Business Wire
4 days ago
- Business
- Business Wire
JPMorganChase to Host Second-Quarter 2025 Earnings Call
NEW YORK--(BUSINESS WIRE)--As previously announced, JPMorgan Chase & Co. (NYSE: JPM) ('JPMorganChase' or the 'Firm') will host a conference call to review second-quarter 2025 financial results on Tuesday, July 15, 2025 at 8:30 a.m. (ET). The results are scheduled to be released at approximately 7:00 a.m. (ET). The live audio webcast and presentation slides will be available on under Investor Relations, Events & Presentations. JPMorganChase will notify the public that financial results have been issued through its social media outlet @JPMorgan and @Chase on X, and by a press release over Business Wire that will provide the link to the Firm's Investor Relations website. In addition to being available on the Firm's Investor Relations website, the earnings results also will be filed with the Securities and Exchange Commission ('SEC') on a Form 8-K, which will be available on the SEC website at The general public can access the conference call by dialing the following numbers: 1 (888) 324 3618 in the U.S. and Canada; +1 (312) 470 7119 for international callers; use passcode 1364784#. Please dial in 15 minutes prior to the start of the call. The replay will be available via webcast on under Investor Relations, Events & Presentations. A replay of the conference call also will be available by telephone beginning at approximately 11:00 a.m. (ET) on July 15, 2025 through 11:59 p.m. (ET) on July 29, 2025 at 1 (800) 841 4034 (U.S. and Canada); +1 (203) 369 3360 (International); use passcode 67371#. JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America ('U.S.'), with operations worldwide. JPMorganChase had $4.4 trillion in assets and $351 billion in stockholders' equity as of March 31, 2025. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world's most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at
Gulf Insider
5 days ago
- Business
- Gulf Insider
Oil And Gold Jump As Israel Targets Iranian Energy
Oil jumped in late Sunday trading with investors focused on escalating geopolitical tensions as Israel and Iran continue to bombard each other with no sign of a pause, amid some speculation the worst-case scenario – a blockade of the straits of Hormuz which could send oil as high as $130 – is increasingly likely (odds rising to 17% according to JPM). Brent crude rose as much as 5.5% to $77.50 – its Thursday night high – in early Asian trading after Israel and Iran continued attacks on one another's territories over the weekend. The price then promptly ease back as shorts who stand to suffer massive losses in case of a squeeze, doubled down by shorting even more in hopes the crises somehow de-escalates. That's a problem because unlike late last week, over the weekend Israel started attacking Iran's energy infrastructure, and on Saturday launched an attack on the giant South Pars gas field in the Persian Gulf, forcing the shut down of a production platform, after air strikes on Iran's nuclear sites and military leadership last equity-index futures pointed to declines in Hong Kong and Sydney, while contracts for US equities initially edged lower before stubborn retail dip buyers promptly emerged again. The dollar saw modest gains against major peers in early trading, while gold rose toward a record on Monday as the conflict drove investors toward haven assets. Last week's biggest market reaction to the conflict was oil, with crude prices surging more than 13% on Friday before paring some of those gains. The biggest concern for the market centers on the Strait of Hormuz and prices could soar further if Iran attempts to block the route. On Saturday, JPMorgan raised its odds of a Hormuz closure to 17%. 'Markets should be prepared for a prolonged period of uncertainty,' said Wolf von Rotberg, an equity strategist at Bank J. Safra Sarasin, quoted by Bloomberg. 'Hedging against potential oil supply-chain disruptions via exposure to the energy market and adding to gold, which may see an acceleration of its structural uptrend, are the best ways to protect a portfolio against a further escalation in the Middle East.' Some investors ended last week choosing to wait to gauge how long the tensions would last, mindful of similar standoffs between the two nations that eventually de-escalated. Still, the extension of the conflict and intensity of the current hostilities is likely to cast a shadow over risk assets on Monday. Already, the MSCI World Index of developed-market equities fell the most since April on Friday following Israel's initial air strikes on Iran. 'This is a significant escalation, to the point where these nations are at war,' said Michael O'Rourke, chief market strategist at JonesTrading. 'The ramifications will be larger and last longer,' with weakness in equity markets likely, especially after recent gains, he said. While the drop in US stock futures was modest, most Middle East stock indexes suffered bigger losses on Sunday. Egypt's main gauge was the worst performer, seeing the biggest losses in more than a year on concern that a halt in Israeli gas production will cause fuel shortages. In Saudi Arabia, the Tadawul gauge's declines were limited by Aramco, which gained on higher oil prices. Israel's benchmark ended higher as military supplier Elbit Systems Ltd. rallied. Still, judging by the recent dip-buying euphoria, one can see why some are confident that this too will blow over quickly. 'Unless oil stays elevated and drives inflation higher, this is more likely a pause than a panic as other narratives are driving the market,' said Dave Mazza, chief executive officer, Roundhill Investments. 'It may present a buying opportunity, but with markets having rallied sharply off recent lows, gains from here will be harder to come by.' Traders are weighing the fresh geopolitical risks at a time when they are also grappling with destabilized global trade relationships, the prospect of new tariffs from Donald Trump, economic cross-currents, the ongoing conflict between Russia and Ukraine and rising political tensions in the US amid protests. Also read: Israel Attack Targets Refinery At Iran's Giant South Pars Gas Field
Yahoo
7 days ago
- Business
- Yahoo
Positive U.S. Regulatory Environment More Conducive for Crypto Corporate Activity: JPMorgan
Expectations of a more benign regulatory environment in the U.S. is leading to an increase in the number of crypto companies looking to go public and an uplift in venture capital (VC) funding, investment bank JPMorgan (JPM) said in a research report Wednesday. The GENIUS Act's progress in the Senate has become a "key factor in anticipating a clearer and more supportive regulatory environment," analysts led by Nikolaos Panigirtzoglou wrote. "The anticipation of such a U.S. regulatory environment is conducive to crypto corporate activity such as IPOs and VC funding," the authors wrote. The Senate's Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act mandates federal regulation for stablecoins with a market cap of over $10 billion with the potential for state regulation if it aligns with federal rules. Stablecoins are cryptocurrencies whose value is tied to another asset, such as the U.S. dollar or gold. They play a major role in cryptocurrency markets and are also used to transfer money internationally. The bank noted that the number of crypto IPOs so far this year matches the pace of offerings seen in the bull market of 2021. Press reports suggest that more crypto companies, including Ripple, Kraken, Consenys and CoinDesk's owner Bullish are getting ready to IPO this year, the report said. Venture capital funding is also on the rise, and has exceeded levels seen in 2023/24, on an annualized basis, the bank said. IPOs give crypto investors a way to diversify their digital asset exposure beyond just bitcoin BTC and ether ETH, the two largest cryptocurrencies by market cap. It means they can take advantage of opportunities in areas such as blockchain infrastructure, payments and settlement, custody and tokenization, the report added.
