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The Latest Breaking News from JP Morgan

The savior CEO and the empty promise of ‘stakeholder capitalism’

Companies may claim to serve employees, communities and the planet – but two books show profit still comes first

The Guardian - US

‘I f****d up’: the rise and fall of US crypto king Sam Bankman-Fried

The 30-year-old wunderkind last week saw his giant FTX digital currency exchange collapse and his $17bn fortune disappear

The Guardian - UK

Benzinga's Top Ratings Upgrades, Downgrades For November 10, 2022

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Here's How Much Sam Bankman-Fried Lost In Wealth Tuesday — And How It Compares To Mark Zuckerberg's Rough 2022

One of the biggest names in cryptocurrency may have had one of the worst days as a billionaire, a status that could now be over.

Benzinga

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

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Benzinga

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

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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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Benzinga

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

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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

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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.

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

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.

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