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The Latest Breaking News from JPMorgan

Businesswoman Charlie Javice Gets 7 years In Prison For Defrauding JPMorgan Chase

Charlie Javice, founder of the student-aid startup Frank that JPMorgan Chase Co. (NYSE: JPM) acquired in 2021 for $175 million, was sentenced Monday to just over seven years in prison for misleading the bank about her company's customer base.

Benzinga

Cramer's Banking Bet: Why JPMorgan And Goldman Still Look Cheap

Jim Cramer just tossed another log on the bank-stock fire. Fresh off the buzz around Electronic Arts Inc's (NASDAQ: EA) deal, the Mad Money host says JPMorgan Chase Co (NYSE: JPM) and Goldman Sachs Group Inc (NYSE: GS) are "still cheap on a P/E basis" — a contrarian take when…

Benzinga

Disgraced tech start-up fraudster Charlie Javice sentenced to 7 years

Charlie Javice fraudulently claimed her company had over four million clients, when it only had several hundred thousand

The Independent UK

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Charlie Javice sentenced to 7 years in prison for fraudulent $175M sale of financial aid startup

The 33-year-old founder of the startup student financial aid company Frank has been sentenced to more than seven years in prison

The Independent UK

EA Sold to Jared Kushner-Backed Consortium in $50bn Deal—What This Means to Players and Their Favorite Games Explained

EA to go private in a $50bn deal with Jared Kushner-backed consortium. Here's what it means for gamers and top franchises.

International Business Times UK

JPMorgan’s Jamie Dimon faced death and realized he had no regrets: How his perspective shifted after emergency heart surgery

Around five years ago, Dimon had emergency surgery for an acute aortic dissection.

Fortune

Iris Energy Faces Outrage As JPMorgan Slaps Stock With 'Underweight' Tag

IREN stock drops after JPMorgan downgrades from Overweight to Neutral with $16 target, citing stretched valuations and an uncertain AI pivot timeline.

International Business Times UK

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What to Expect From JPMorgan Chase's Next Quarterly Earnings Report

The financial sector giant JPMorgan Chase is set to unveil its third-quarter results in the coming month, and analysts expect a high-single-digit growth in earnings.

Barchart

Will Donald Trump's Visa Crackdown Backfire? JPMorgan CEO Jamie Dimon 'Begs' POTUS Over 'Damaging' New H-1B Visa Rules

JPMorgan CEO Jamie Dimon has urged Donald Trump to reconsider a proposed $100,000 H-1B visa fee, warning that it could damage US competitiveness, drive jobs offshore, and restrict access to global talent.

International Business Times UK

Marvell Technology Adds $5 Billion To Share Buyback Plan, Strong Growth Outlook For Datacenter, AI

Shares of Marvell Technology Inc. (NASDAQ: MRVL) came under pressure in early trading on Thursday, despite the company announcing a big share buyback authorization.

Benzinga

A Foldable iPhone Is Back on the Table. Should You Buy Apple Stock Here?

As Apple toys with the idea of a foldable iPhone, should investors snag AAPL before the curtain rises? Or wait to see if this gamble unfolds profitably?

Barchart

‘I would beg the president’: Jamie Dimon, one of Wall Street’s top H-1B visa users, predicts ‘pushback’ because big employers need top expertise

JPMorgan economists warned Trump’s $100,000 H-1B fee will cost the U.S. labor market up to 5,500 work authorizations per month.

Fortune

What Happened to Julia Phan? 24-Year-Old JP Morgan Worker Dies At Boston Restauranteur's Home

Julia Phan, 24, a JP Morgan worker, died on New Year's Day at Boston restaurateur Ran Duan's home. Police list MDMA intoxication as cause of death.

International Business Times UK

These 3 Mega-Cap Giants Just Increased Dividends by 7% or More

Microsoft, JPMorgan, and Philip Morris are the leaders of their industries, are beating the market, and are announcing sizable dividend boosts.

MarketBeat

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Benzinga

Jamie Dimon Says Trump's H-1B Move Caught Him 'Off-Guard,' Backs 'Merit-Based Immigration'—'I Would Beg The President'

Jamie Dimon, the CEO of JPMorgan Chase Co. (NYSE:JPM), has expressed his support for a merit-based immigration system in the U.S. amid President Donald Trump‘s $100,000 H-1B visa fee.

Fortune

U.S. stocks are chipping away at Europe's outperformance, and Powell slipped in this dovish signal on Fed rates that Wall Street overlooked

The S&P 500 is now up 13% year to date and the Nasdaq is up 17%. Meanwhile, the DAX stock market index in Germany is up 19% so far this year.

Benzinga

Joby, Archer, Eve: Race For First-Mover Advantage In The $100B Flying Taxi Market

The race to commercialize flying cars is shifting from science fiction to investor reality. JPMorgan analysts see electric vertical takeoff and landing (eVTOL) aircraft entering a rapid growth phase, with the total addressable market for passenger air taxis alone projected to hit $100 billion globally by 2040. With test flights…

Benzinga

XPeng's 'Land Aircraft Carrier' Could Make Flying Cars China's Next EV Moment

XPeng Inc (NYSE:XPEV) is taking the flying car dream seriously. Its Advanced Air Mobility subsidiary, AeroHT, is pushing the envelope on modular eVTOLs, blending intelligent vehicles with electric vertical takeoff-and-landing aircraft.

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Benzinga

Micron Technology Q4 Preview: Poised To Benefit From Continued AI Adoption, Analysts Say

Micron Technology Inc (NASDAQ:MU) is gearing up to report its fiscal fourth quarter results on Tuesday, Sept. 23.

Benzinga

Rate Cut Rally? Why Amazon, Meta And Ford Could Outpace The Pack

The Federal Reserve's recent rate cut marks a pivot toward easier money. It also sets the stage for a new market playbook, and JPMorgan's analysts are already drawing up winners and losers.

Benzinga

ChatGPT Vs. Anthropic: Can A 400% Growth Safety Play Beat Consumer Hype?

Anthropic may not dominate the zeitgeist like ChatGPT, but in enterprise AI, it's quietly running the table. The four-year-old company, spun out of OpenAI, has rocketed to a $183 billion valuation on the back of 400% year-to-date revenue growth and now commands about 30% of the enterprise LLM API market.…

Benzinga

AI Swipe-Off: Can Match's Algorithm Edge Out Bumble's Buzz?

Bumble Inc‘s (NASDAQ:BMBL) splashy marketing might grab headlines, but Match Group Inc (NASDAQ:MTCH) is betting that smarter algorithms — not louder ads — will win the dating wars. With Tinder and Hinge leaning hard into AI-driven product upgrades, Match is positioning itself as the quiet disruptor in a noisy fight…

International Business Times UK

Who is Charlie Javice ? Fintech Star Faces 12 Years in Prison for $175m JPMorgan Scam

Charlie Javice, founder of student aid startup Frank, faces up to 12 years in prison after being convicted of defrauding JPMorgan Chase in its $175m acquisition, exposing the dangers of inflated growth claims in fintech.

MarketBeat

Nike’s Red-Hot Analyst Buzz: Is a Comeback Brewing?

Nike has been battered, but a run of analyst upgrades and signs of improving fundamentals suggest a comeback rally could be brewing.

International Business Times UK

Marjorie Taylor Greene Pours Into Pharma, Logistics, Utility and Tech Stocks in Latest Trades

Marjorie Taylor Greene purchased 12 stocks at the end of August, including Alphabet Class C shares, Merck & Co., Exelon Corp., Morgan Stanley, FedEx, and UnitedHealth Group.

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