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The Latest Breaking News from JP Morgan

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

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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

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

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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

Birmingham Post

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

Evening Standard

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

The Guardian - UK

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.

Tribune News Service

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 Guardian - US

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

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Benzinga

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

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Benzinga

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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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 3, 2022

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Evening Standard

Keir Starmer calls for emergency Parliament recoil amid turmoil in UK financial markets

‘What the Government needs to do now is recall Parliament and abandon this budget’

The Guardian - UK

Russian oligarch’s seized superyacht sold for $37.5m

Axioma, which had been owned by Dmitry Pumpyansky, auctioned after being impounded in Gibraltar

Reuters

Superyacht linked to sanctioned Russian sold for $37.5m in Gibraltar - court

A superyacht linked to a sanctioned Russian businessman fetched $37.5 million at auction in Gibraltar last month after it was sold at the behest of creditor JP Morgan, a court has confirmed, in the first sale of its kind since Russia invaded Ukraine.

The Independent UK

Kwasi Kwarteng vows to stick with tax cut plan despite calls to ‘reverse course’

Chancellor insists strategy ‘will work’ and promises ‘credible plan’ to address debt next month

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 21, 2022

Upgrades For Berkshire Hathaway Inc (NYSE:BRK), Edward Jones upgraded the previous rating of Hold to Buy. Berkshire Hathaway earned $6312.49 in the second quarter, compared to $4399.91 in the year-ago quarter.

Reuters

U.S. bank CEOs back Fed hikes during congressional grilling on economy, China ties

The country's top bank chiefs endorsed U.S. Federal Reserve rate hikes as a means to tame soaring inflation, while acknowledging there will be pain ahead, when appearing before Congress during a wide-ranging and mostly sedate hearing on Wednesday.

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