Jamie Dimon, the billionaire head of the U.S.’ biggest bank, lauded Tesla CEO Elon Musk, the richest man on the planet and a key part of President Donald Trump’s administration, this week, putting an end to years of head-butting between the billionaires’ companies as Dimon becomes the latest billionaire warming to Musk or Trump.
Also, President Trump’s dominance of AI; cryptocurrency in the first week of his second term; his change-of-mind about tax deductions; and other personal-finance coverage.
Jamie Dimon, CEO of JPMorgan Chase, isn't shy about calling it how he sees it. In a wide-ranging interview on Sunday Morning, he spoke about income inequality, the state of the economy and what's broken – and what's not.
The result beat Wall Street profit projections of $4.09 a share, according to the data firm FactSet. Total managed revenue hit ... driven lower by lower interest rates. JPMorgan CEO Jamie Dimon said the bank got a boost from investment banking business ...
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
The largest U.S. bank JPMorgan’s net income surged 50% to over $14 billion in the fourth quarter as its profit and revenue easily beat Wall
The result beat Wall Street profit projections of $4.09 a share, according to the data firm FactSet. Total managed ... JPMorgan CEO Jamie Dimon said the bank got a boost from investment banking ...
The P/E ratio measures a company's stock price relative to its earnings per share. A high P/E suggests that a stock has become expensive compared to its earnings - a crucial fundamental for a company - and is potentially overvalued.
Corporate earnings are coming in strong. Investors are also seeing the Trump administration take a less aggressive approach to tariffs than some had expected.
The S&P 500 climbed to 6,100 for the first time during Wednesday's session. Traders cheered strong earnings and an AI initiative Trump announced on Tuesday.
If there's a group even dumber, unfortunately, it would be foreign retail investors. And they're buying U.S. stocks like they're going out of fashion.