The financial sector is overdue for an overhaul, where technology implementation may shift the way everyone looks at banking and finance altogether. This time around, analysts at Wells Fargo have landed on one Wall Street leader looking to push the envelope further into the new revolution for the space, even calling it the "NVIDIA of banking" today due to its new exposure to quantum computing implementation for its trading and banking business.
[content-module:CompanyOverview|NYSE:JPM]Shares of JPMorgan Chase & Co. (NYSE: JPM) have come on the hot seat unexpectedly after this Wells Fargo take; implications of the bank now being able to rake in millions and millions more in trading revenue could also make them a target for hedge funds and prime brokers to trade under this new proprietary technology, which acts as a tailwind for upside in the coming months.
