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The Latest Breaking News from Jamie Dimon

Jamie Dimon called Elon Musk the ‘Edison of our time’ as JPMorgan hosted SpaceX’s $75 billion IPO road show—and even invited Musk’s mom

Top bankers are lavishing praise on Musk ahead of his rocket company’s record-setting listing.

Fortune

Wall Street giants tout SpaceX as Musk speaks at pre-IPO investor event

Wall Street investment banks are hosting exclusive events for potential SpaceX IPO buyers, offering rare access to top executives. Elon Musk virtually addressed JPMorgan clients, citing a "massive new growth phase" requiring capital. The company's futuristic valuation and record-breaking IPO plans have generated significant investor interest.

The Economic Times

Coinbase CEO Brian Armstrong Calls Jamie Dimon Criticism 'Sad' As Fight Over Crypto Bill Intensifies

Coinbase CEO Brian Armstrong has pushed back against recent criticism from JPMorgan Chase CEO Jamie Dimon about a crypto regulation bill, describing his remarks as "kind of sad."

International Business Times

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Jamie Dimon sees 'gung-ho' attitude and 'exuberance' in markets — just like 1972, 1986, 2000 and 2007. Uh Oh.

The JPMorgan CEO sees something funny going on with borrowed money: "Corporations, it's just not all automatically, they're all geniuses all of a sudden."

Fortune

Bitcoin falls to $61,000, down more than 25% this month as long-term holders sell

Bitcoin has fallen to its lowest level since February, dropping more than 25% this month, as long-term holders liquidate billions in holdings and efforts to advance US crypto regulation face uncertainty in Washington.

Euronews

Chip stocks drop as AI rally shows ‘signs of fatigue’, as SpaceX’s huge IPO looms – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Jamie Dimon to pitch JPMorgan’s ultra-rich clients on SpaceX IPO

JPMorgan Chase CEO Jamie Dimon will discuss the upcoming SpaceX initial public offering with thousands of the bank's wealthy clients. This nationwide event involves SpaceX leaders and highlights the massive demand for what is expected to be the largest market debut. The company, formally Space Exploration Technologies Corp., targets a…

The Economic Times

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SpaceX targets biggest ever stock market debut, putting Musk on course to be trillionaire

IPO could raise up to $75bn, giving SpaceX market value of $1.75tn as it sets up Musk for extraordinary wealth

The Guardian - UK

Despite his hectic schedule, Cisco CEO Chuck Robbins says he’s ‘the most responsive person in the company’—and looks for the same trait in new hires

Cisco CEO Chuck Robbins prides himself on his rapid-fire replies, and looks to hire talent who are just as driven as him: “I try to set that pace for people.”

Fortune

Jamie Dimon slams Coinbase CEO as 'full of sh*t' and warns banks won't accept crypto bill

"No one's gonna bow down to this guy or that company."

Fortune

'If you do it badly...': JPMorgan CEO Jamie Dimon confronts Zohran Mamdani during closed-door meeting

JPMorgan Chase CEO Jamie Dimon has opened up about his recent private meeting with New York City mayor Zohran Mamdani, saying he warned the socialist about the risks of poor governance and ideology-driven policymaking.

The Times of India

Jamie Dimon tells Gen Z to 'learn how to think, learn how to earn respect' as he describes 'great meeting' with Zohran Mamdani

In a Fox Business apearance, the JPMorgan CEO offered graduating students a frank roadmap for success and gave the NYC mayor a polite but pointed warning.

Fortune

"Sit down and fix policy...": JPMorgan Chase CEO Jamie Dimon reveals his warning to NYC Mayor Zohran Mamdani

JPMorgan CEO Jamie Dimon shared insights from his meeting with NYC Mayor Zohran Mamdani, describing it as pleasant yet direct. Dimon urged against raising taxes and increasing spending, advocating for policy fixes instead. He also raised concerns about Mamdani's administrative experience and the potential for ideology to hinder practical governance,…

The Economic Times

Warren Buffett says ‘you’re giving up your potential’ if you don’t have this one skill—and it has nothing to do with the stock market

The Oracle of Omaha says communication is the most under-taught skill in school. In the AI era, executives from Jeff Bezos to Jamie Dimon say it's the one that pays.

Fortune

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International Business Times

JPMorgan CEO Says Company Could Spend $20 Billion on Acquisitions

JPMorgan CEO Jamie Dimon said that "There might be, in the next couple years, a chance to put $10 [billion] or $20 billion to work buying something."

Fortune

Top JPMorgan analyst maps 5 ways America's debt crisis could unfold—and the 'best case' is still alarming

JPMorgan's David Kelly maps out five scenarios for the national debt over the next decade — the best-case is pretty, pretty bad.

Fortune

Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it

JPMorganChase is deploying nearly $40 million to community lenders across the country — the first concrete move under Dimon's American Dream Initiative.

Fortune

Millionaire podcaster Mel Robbins hits back Gen Z's lazy label—she says they’re stuck in a world their baby boomer parents wouldn’t even recognize

The millionaire TV personality pointed out people in their twenties are living through a recession, workforce changes, and unfair scrutiny from leaders.

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Fortune

Jamie Dimon sees 'exuberance' in markets. That's a loaded word when it comes to bubbles popping

The most important economic question of our time has no consensus — and the gap between what AI can do and what economies are organized to absorb may be the defining tension of the decade.

The Economic Times

'More AI, fewer bankers': CEO of US' largest bank JP Morgan Jamie Dimon's remarks hint at a shift in Wall Street trend

JPMorgan Chase CEO Jamie Dimon suggests artificial intelligence will significantly reduce jobs at the bank. The company plans to hire more AI experts and fewer traditional bankers. This shift aims to boost productivity and change the nature of banking roles. Existing employees facing job obsolescence will be retrained or redeployed.…

Fortune

Tom Brady tells Gen Z to treat their careers like the Super Bowl: 'You may only get one chance to impress your boss or land a promotion'

The seven-time Super Bowl champion Tom Brady admits success can be fleeting while pointing to Blackberry and Blockbuster. ‘Sometimes there isn’t another day.’

International Business Times

The Bond Market Is Flashing a Warning — And a Former Biden National Security Adviser Says Americans Could Get Hit Twice

Daleep Singh, former Biden National Security Adviser and current chief economist at PGIM, warns the bond market is flashing a serious danger signal as oil prices above $100 drive inflation fears and push the 10-year Treasury yield toward 5%. He warns the end game could be financial repression.

The Independent UK

CEO of major US bank issues Starmer threat over $3bn Canary Wharf skyscraper

Jamie Dimon, CEO of JP Morgan-Chase, warned Labour against becoming "hostile to banks again" amid Keir Starmer's mounting leadership troubles.

The Independent UK

America’s largest bank wades into Labour’s leadership crisis

Jamie Dimon has threatened to reconsider a $3bn Canary Wharf investment if the party lurches to the left

The Guardian - UK

JP Morgan could scrap £3bn London HQ if Starmer is replaced by PM ‘hostile to banks’

Jamie Dimon says US banking giant could rethink Canary Wharf tower if a future Labour leader targets lenders

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