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The Latest Breaking News from JP Morgan

What Is an American Depositary Receipt (ADR)? Definition, Purpose & Example

Most well-known public companies in the U.S. trade on one of the two major American stock exchanges—the NYSE or the Nasdaq. As you may have noticed, however, major foreign companies trade on these exchanges as well despite many not being “officially” listed. So just how does this work? What Are…

The Street

New Sector Futures Give Traders More Hedging Power

Semiconductors and biotech are among six new sector index futures CME Group launched recently. Traders weigh in on the advantages of futures for these and other increasingly active sectors.

The Street

Benzinga's Top Ratings Upgrades, Downgrades For November 4, 2022

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Climate activists target fossil fuel backing bank in Glasgow on eve of COP27

XR activists staged a protest outside of JP Morgan's Glasgow office

The National (Scotland)

Glasgow bank entrance blocked by climate activists protesting 'failure' of COP26

Climate activists from Extinction Rebellion locked themselves onto oil barrels at the Glasgow branch of an investment bank a year on from the COP26 summit in the city.

Glasgow Live

Benzinga's Top Ratings Upgrades, Downgrades For November 1, 2022

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Benzinga's Top Ratings Upgrades, Downgrades For October 31, 2022

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Kanye West: no American icon has ever self-destructed so spectacularly

The rapper and fashion designer had it all – wealth, power, status, autonomy. But in the end it wasn’t enough

The Guardian - US

Amazon To $160? These Analysts Cut Price Targets On Amazon After Q3 Results

Amazon.com, Inc. (NASDAQ: AMZN) reported upbeat earnings for its third quarter, while sales missed estimates. The company also issued weak sales forecast for the fourth quarter.

Benzinga

Wolfspeed Unusual Options Activity

A whale with a lot of money to spend has taken a noticeably bearish stance on Wolfspeed. Looking at options history for Wolfspeed (NYSE:WOLF) we detected 18 strange trades.

Benzinga

Meta Platforms To $200? These Analysts Slash Price Targets On Meta Following Q3 Results

Meta Platforms, Inc. (NASDAQ: META) reported worse-than-expected Q3 EPS and issued Q4 revenue guidance with a midpoint below estimates. The company also guided FY23 expenses of $96 billion to $101 billion. Meta Platforms shares dropped 22.1% to $101.20 on Thursday.

Benzinga

Alphabet To $145? These Analysts Cut Price Targets On Alphabet After Downbeat Q3 Results

Alphabet Inc. (NASDAQ: GOOGL) reported weaker-than-expected earnings results for its third quarter after the closing bell on Tuesday.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 24, 2022

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Benzinga's Top Ratings Upgrades, Downgrades For October 19, 2022

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Birmingham Post

Global investment giant JP Morgan becomes second largest shareholder in Boohoo

Boohoo's brands include PrettyLittleThing, Karen Millen, Nasty Gal, Warehouse, Oasis, Debenhams, Dorothy Perkins, Wallis and Burton

Evening Standard

JP Morgan Chase cuts ties with Kanye West and his Yeezy brand

In a letter shared on social media, the US banking giant gave the controversial star 60 days to transfer his business elsewhere

The Guardian - UK

Kanye West: bank JP Morgan Chase cuts ties with rapper

The decision to end the relationship with West and clothing brand Yeezy predates recent controversies and array of antisemitic comments

Tribune News Service

In major retreat, Bright Health halts individual health insurance coverage

Bright Health Group will end individual and family health insurance coverage and reduce its Medicare Advantage coverage to just two states, steps that will cut its revenue in half.

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The Guardian - US

US is headed for a recession, says head of JP Morgan Chase bank

Jamie Dimon said the Federal Reserve ‘waited too long and did too little’ as inflation has surged in the past 18 months

The Street

Looking to Buy a New or Used Car? Wait Six Months

Higher prices on new and used vehicles will be around a while

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 7, 2022

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Benzinga's Top Ratings Upgrades, Downgrades For October 6, 2022

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Benzinga's Top Ratings Upgrades, Downgrades For October 4, 2022

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What Analysts Think About These High-Dividend Mortgage REITs

You would be hard-pressed to find a worse-performing real estate investment trust (REIT) class in 2022 than mortgage REITs (mREITs). With over 8% inflation and the Federal Reserve raising interest rates multiple times, the mREIT group has been trounced.

The Independent UK

Pound hits two-week high as chancellor ‘brings forward debt plan and forecast’

Kwasi Kwarteng promises to release the highly anticipated financial statement ‘shortly’

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