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  • Stocks cap weekly gains, JPMorgan logs best day since 2020
    Finance News

    Stocks cap weekly gains, JPMorgan logs best day since 2020

    April 15, 2023 /

    Stocks finished lessen on Friday but logged weekly gains across the board although shares of JPMorgan (JPM) rallied a lot more than 7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} following a sturdy quarterly earnings report. At the closing bell on Friday the S&P 500 (^GSPC) was off .21{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, the Dow Jones Industrial Regular (^DJI) was down .42{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, and the tech-large Nasdaq Composite (^IXIC) fell .35{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. All 3 important indexes completed the week with gains with the Dow rising a lot more than 1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} to pace the week’s gains. JPMorgan (JPM) and Citi (C) observed shares larger on Friday though Wells Fargo (WFC) inventory was very little adjusted and PNC Fiscal (PNC) shares were beneath pressure immediately after…

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    Francis McGee Comments Off on Stocks cap weekly gains, JPMorgan logs best day since 2020

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    Why bad news is bad news for the stock market

    Why bad news is bad news for the stock market

    January 7, 2023
    Tesla stock ‘is now officially oversold,’ Fundstrat market technician says

    Tesla stock ‘is now officially oversold,’ Fundstrat market technician says

    January 12, 2023
    Dollars Are Vanishing in Bolivia

    Dollars Are Vanishing in Bolivia

    April 11, 2023
  • Tesla stock is tanking on delivery whiff and JPMorgan downgrade
    Finance News

    Tesla stock is tanking on delivery whiff and JPMorgan downgrade

    January 4, 2023 /

    Tesla inventory is finding suitable up wherever it remaining off in 2022: Lacking juice. Shares of the EV maker fell extra than 12{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} on Tuesday, the biggest a person-day fall in extra than two decades. The inventory at a single position hit its most affordable degree since August 2020, with buyers reacting to a lackluster fourth-quarter delivery figure introduced on New Year’s Day. Tesla was the leading-trending ticker on the Yahoo Finance platform. Tesla saw fourth-quarter deliveries rise 18{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} sequentially to 405,000, lacking consensus forecasts of 418,000. The figure brought Tesla’s 2022 whole deliveries to 1.3 million units, up 40{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} yr over year but down below the firm’s advice for…

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    Francis McGee Comments Off on Tesla stock is tanking on delivery whiff and JPMorgan downgrade

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    Tesla’s largest-ever decline has short sellers sitting on $15 billion in profits: Morning Brief

    Tesla’s largest-ever decline has short sellers sitting on $15 billion in profits: Morning Brief

    December 24, 2022
    The 2023 investment narrative is already diverging from 2022

    The 2023 investment narrative is already diverging from 2022

    January 20, 2023
    Why Silicon Valley Bank’s crisis is rattling America’s biggest banks

    Why Silicon Valley Bank’s crisis is rattling America’s biggest banks

    March 12, 2023
  • JPMorgan expects ‘a Category 1 economic hurricane’ in 2023
    Finance News

    JPMorgan expects ‘a Category 1 economic hurricane’ in 2023

    November 19, 2022 /

    The financial hurricane that JPMorgan CEO Jamie Dimon warned about in June could be much less extreme than at first feared, according to a new report from the financial institution. On Wednesday, JPMorgan economists Michael Feroli and Daniel Silver wrote that they see the U.S. in a “moderate economic downturn” in the next 50 {515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} 2023 as the Fed appears to be to complete its mission to flatten inflation. “We’re proficiently wanting for a Class 1 financial hurricane,” the economists wrote. “What are the dangers? Weakness could construct on alone, requiring a much larger response by the Fed to get the financial system again on keep track of.” The be…

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    Francis McGee Comments Off on JPMorgan expects ‘a Category 1 economic hurricane’ in 2023

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    Here’s why you may get Form 1099-K for third-party payments in 2022

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    November 26, 2022
    Stocks give up gains, close lower amid more earnings

    Stocks give up gains, close lower amid more earnings

    February 10, 2023
    Stocks finish mixed as Powell wraps up testimony amid continued jobs strength

    Stocks finish mixed as Powell wraps up testimony amid continued jobs strength

    March 9, 2023

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