The first shot of the U.S. stock earnings season: JPMorgan's Q4 revenue exceeds expectations, Goldman Sachs' Net income doubles, and Blackrock sets a record for client funds for the year.
Wall Street has fired the "first shot" of the U.S. stock market's Q4 Earnings Reports season, with JPMorgan, Goldman Sachs, Wells Fargo & Co, Blackrock, and others announcing their latest earnings reports.
The power struggle at JPMorgan has taken a new twist! The second-in-command, Pinto, is set to retire, and the successor does not intend to compete for the CEO position.
JPMorgan's Chief Operating Officer and President, Pinto, will leave his position in June this year and officially retire by the end of 2026. The COO role will be taken over by the current co-head of Commercial and Investment Banking at JPMorgan, Pipsack. However, Pipsack, previously seen as a strong candidate to succeed Dimon, has no intention of competing for the CEO position, which adds new variables to the question of Dimon's successor. Although the pool of candidates has narrowed, it remains unclear.
Express News | Last year's Net income grew by 18%, and JPMorgan broke its own record.
Economy Goes Two-for-Two on Inflation: Stocks to Watch
Evercore Maintains JPMorgan(JPM.US) With Buy Rating, Maintains Target Price $264
Bernstein Initiates JPMorgan(JPM.US) With Hold Rating, Announces Target Price $260
Stocks Rise On Core Inflation Slowdown, Banks Rally After Strong Q4 Earnings, Treasury Yields Plummet
Express News | JPMorgan CFO Says Deposit Growth Could Pick up in the Second Half of the Year
JPM's Q4 Earnings Beat on Solid IB & Trading, NII Down on Lower Rates
Express News | JPMorgan's Chief Financial Officer: There has not been a real rebound in loan growth yet.
Express News | The Chief Financial Officer of JPMorgan stated that the number of employees is expected to remain unchanged in 2025.
Express News | JPMorgan CFO Says Expect Headcount to Remain Flat in 2025
Express News | JPMorgan CFO Says Inflationary Pressure Continues and Bank Is Creating Efficiencies to Help Offset It - Analyst Call
US Stock Preview | The three major futures indices surged! The core CPI in the USA unexpectedly dropped, leading to market expectations that the Federal Reserve will further ease its policies; Quantum Computing concept stocks continued to rebound in pre-m
Middle Cap stocks in the U.S. may hold good opportunities! Goldman Sachs: The S&P 500 Index is expected to reach 6,500 points by the end of the year.
Truist Financial Maintains JPMorgan(JPM.US) With Hold Rating
Wall Street giants' earnings reports are impressive! Read this article to understand where Goldman Sachs, JPMorgan, and Wells Fargo & Co are winning.
In the second half of 2024, the recovery of the merger and acquisition market, along with the warming activities in the Stocks and debt markets, drove the performance of major Banks on Wall Street to rise.
Live Earnings Analysis: JPMorgan (JPM), Goldman Sachs (GS), Wells Fargo (WFC) and Other Banks Report Fargo
JPMorgan Chase Q4 Earnings: Investment Banking Revenue Jumps 46%, CEO Jamie Dimon Says 'Inflation May Persist For Some Time'
Express News | JPMorgan's Chief Financial Officer, Jeremy Barnum: Overall, loan growth remains weak; we expect credit card loan growth to continue in 2025, but it will be below last year's levels; we anticipate seeing strong, above-trend credit card loan growth this yea
Express News | JPMorgan CFO Says Loan Growth Remains Muted Broadly