JPMORGAN DRN
StubHub eyes summer IPO, seeks $16.5 billion valuation
The StubHub logo can be seen at the headquarters in San Francisco. Andrej Sokolow | Picture Alliance | Getty Images StubHub is eyeing a summer initial public offering, a person familiar with the matter told CNBC. The online ticketing service is aiming for a valuation of at least $16.5 billion, which is what it was […]
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Stocks making the greatest moves midday: World Existence, JPMorgan, Zoetis, Wells Fargo and far more
Examine out the businesses creating headlines in midday trading. JPMorgan — The financial institution fell 5% just after disclosing that its net fascination money degree could fall brief of Wall Street analysts’ anticipations in 2024, inspite of beating the two leading- and base-line estimates in its final quarter. CEO Jamie Dimon also underscored the danger […]
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Jamie Dimon warns that inflation, wars and Fed policy pose big threats forward
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks throughout the U.S. Senate Banking, Housing and City Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023. Evelyn Hockstein | Reuters JPMorgan Chase CEO Jamie Dimon warned Friday that several problems, primarily inflation and war, threaten […]
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Citigroup tops estimates for first-quarter revenue, helped by trading results
Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty Images Citigroup on Friday posted first-quarter revenue that topped analysts’ estimates, helped by better-than-expected trading revenue. Here’s what the company reported: Earnings: $1.58 per share, unclear if comparable […]
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Stocks making the most significant moves prior to the bell: JPMorgan, BlackRock, World Life and a lot more
Test out the businesses generating headlines in premarket buying and selling. JPMorgan — The bank slipped 2.4% despite beating anticipations on both of those traces and reporting lower credit history expenses than predicted. On the other hand, the bank reported net interest cash flow, a essential measure of what it tends to make by lending […]
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JPMorgan Chase is set to report first-quarter earnings — here’s what the Street expects
Jamie Dimon, President and CEO of JPMorgan Chase, speaking on CNBC’s “Squawk Box” at the World Economic Forum Annual Meeting in Davos, Switzerland, on Jan. 17, 2024. Adam Galici | CNBC JPMorgan Chase is scheduled to report first-quarter earnings before the opening bell Friday. Here’s what Wall Street expects: Earnings: $4.11 a share, according to […]
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Stock futures are little improved as Wall Avenue awaits bank earnings: Are living updates
Traders function on the ground of the New York Stock Exchange (NYSE) on April 10, 2024 in New York Town. As new inflation information released nowadays showed a continued rise, shares fell throughout the board with the Dow slipping more than 400 points. Spencer Platt | Getty Photographs U.S. stock futures flickered in the vicinity […]
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Apple shares just experienced their best working day due to the fact previous May well
Apple CEO Tim Prepare dinner greets prospects as he arrives for the release of the Eyesight Pro headset at the Apple Shop in New York Metropolis on Feb. 2, 2024. Angela Weiss | AFP | Getty Photographs Apple shares climbed 4.3% on Thursday to a share price of $175.04. It is Apple’s very best working […]
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What to expect from bank earnings as high interest rates pressure smaller players
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 7, 2024. Brendan Mcdermid | Reuters The benefits of scale will never be more obvious than when banks begin reporting quarterly results on Friday. Ever since the chaos of last year’s regional banking crisis that consumed three […]
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‘Lose-shed situation’: New Swiss bank rules could derail UBS’ challenge to Wall Avenue giants
Sergio Ermotti, CEO of Swiss banking giant UBS, in the course of the group’s annual shareholders assembly in Zurich on May possibly 2, 2013. Fabrice Coffrini | Afp | Getty Images Switzerland’s hard new banking laws produce a “lose-lose circumstance” for UBS and may limit its possible to obstacle Wall Avenue giants, in accordance to […]
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