The Latest Breaking News from JPMorgan

Morgan Stanley launches coverage of ROST with an overweight rating.

Reuters

The Dow Jones Industrial Average reversed lower Friday, giving back a part of Thursday's market surge. Intel stock dropped on a downgrade.

JPMorgan analyst Harlan Sur said it will take Intel "several years" to reclaim its leadership position in the chip market.

Stock futures extend gains on rate bets, China Covid easing; FTX woes deepen as crypto exchange warns on us operations; Musk says can't rule out Twitter bankruptcy as more execs depart; TuSimple shares slump as former CEO returns to helm and Intel slides as JPMorgan resumes coverage with 'underweight' rating.

Bankman-Fried apologized to investors and said he would be “incredibly, unbelievably grateful” if they could help out.

Cryptocurrency markets endured heavy losses on Thursday, with bitcoin near a two-year low as investors fretted about the fallout from the implosion of FTX, the world’s second-largest crypto exchange.

A recession is likely next year, but it may have been avoidable.

In the brave, newly transparent world for New York City job seekers, many will still be left wondering: Wait, how much does this role really pay?

Financing fossil fuels, which are the primary cause of climate change, has become controversial in recent years, with major banks under fire for the scale of their lending for oil and gas development

U.S. Rep. Trey Hollingsworth (R-IN) has made more than 90 trades in the last three years.