NYSE:JPM - New York Stock Exchange, Inc. - US46625H1005 - Common Stock - Currency: USD
Wall Street Keeps Climbing as Deals, AI Drama, and Trade Winds Stir Up the Market
JPMorgan Chase (NYSE:JPM) shows strong technicals and a promising breakout setup, supported by a perfect Technical Rating of 10 and a Setup Rating of 8.
GRFT, a proposed ETF from Tuttle Capital, has been filed with the SEC to invest in firms linked to U.S. political influence.
JPMorgan expects gold to hit $3,675 for the second half of 2025; the S&P 500 to dip to 6,000; and the dollar to weaken.
Thursday's report will come on the heels of a private payrolls data release that showed job losses in June.
The CFPB dropped its lawsuit against Zelle in March.
Centene withdrew its 2025 earnings guidance on Tuesday due to an expected fall in revenue under plans associated with Obamacare.
A bond sale by Valparaiso University, a private college in Indiana, has been delayed, according to people familiar with the matter, as its niche structure faces a smaller pool of buyers.
Get a jump start on the US trading day with Matt Miller, Katie Greifeld and Sonali Basak on "Bloomberg Open Interest." Tesla quarterly sales came in below estimates but shares are up. Foxconn is pulling Chinese staff from India, a major blow to Apple’s manufacturing push there. Joe Sitt tells Open Interest NYC Mayor Democratic Primary winner Zohran Mamdami’s policies will drive rent up in the city. (Source: Bloomberg)
JPMorgan Chase & Co and UBS Group AG are among a group of Wall Street banks sounding out investors ahead of a mid-July launch for a $4.25 billion debt package backing Sycamore Partners’ buyout of UK pharmacy Boots.
Mentions: UBS
Circle Internet Group (NYSE:CRCL) is one of the 14 stocks Jim Cramer recently looked at. While discussing the stock, Cramer noted that its valuation is unjustifiable. He said: “Take Circle Internet Group… Of course, Circle’s current price is crazy. Can’t be justified by any imagination. Don’t take it from me. Take it from the firm […]
The bank initiated the stock with an overweight rating.
The bankers from JPMorgan Chase & Co. knew the deal they were cooking up would face fierce opposition.
Mentions: WBD
Steven Alexopoulos of TD Cowen believes AI created a huge buying opportunity for his bank picks, like JPMorgan, not seen since the Great Financial Crisis.
Stock futures were unchanged heading into the second trading day of 2025's second half.
These are the stocks posting the largest moves in premarket trading.
While Dow Jones futures gained 0.18% at the time of writing, the S&P 500 futures were up 0.12%.
JPMorgan Chase & Co. is developing a new service to tokenize carbon credits and is partnering with a trio of carbon companies for an initial trial.
Mentions: USB
US equities are poised for gains as traders await June's payrolls report on Thursday and navigate how trade talks develop ahead of President Donald Trump's July 9 deadline. That's after Wall Street's bulls drove stocks to all-time highs at the end of a solid quarter amid hopes the US is moving closer to reaching concrete deals with its top trading partners. Erik Wytenus, EMEA Head of Investment Strategy for JP Morgan Private Bank joins Caroline Hepker and Tom Mackenzie on Bloomberg Radio to discuss the outlook for the market in the months ahead. (Source: Bloomberg)
The Dow Industrials added 400 points Tuesday as investors turned away from Big Tech shares and snapped up health-care names. What's on CNBC's radar Wednesday.
Some of Wall Street’s largest lenders boosted their dividends after passing this year’s Federal Reserve stress tests, a hurdle that regulators made easier to clear by softening some of the requirements laid out in previous years.
Elon Musk’s fight with President Donald Trump is hurting shareholders of Tesla, according to Gerber Kawasaki CEO and President, Ross Gerber. Gerber, a Tesla shareholder, speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
Mentions: TSLA
Vanguard Group is planning its debut into an increasingly competitive corner of the $11.6 trillion US exchange-traded fund arena.
The Senate passed a $3.3 trillion tax and spending cut bill with a 51-50 vote, with Vice President JD Vance casting the tie-breaking vote. Senators voted 51-50 to pass the bill, with three Republicans — Susan Collins of Maine, Thom Tillis of North Carolina and Rand Paul of Kentucky, defying Trump to oppose the legislation. Vice President JD Vance cast the tie-breaking vote. The package, which now goes to the House, combines $4.5 trillion in tax cuts with $1.2 trillion in spending cuts. (Source: Bloomberg)
Ting devices used for testing at Whisker Labs’ corporate office. (Source: Bloomberg)
An immigration detention facility located at an isolated Florida Everglades airfield surrounded by mosquito-, python- and alligator-filled swamplands is about ready to open according to federal officials. "Alligator Alcatraz" is designed to help carry out President Donald Trump's mass deportation agenda. It will be a compound of heavy-duty tents, trailers and temporary buildings similar to sites used during natural disasters. (Source: Bloomberg)
Don’t make it worse by sitting in cash or trying to jump back in at the “perfect” time.
Mentions: VZ
President Donald Trump tours a new immigration detention center in Florida's Everglades nicknamed "Alligator Alcatraz." It will have 1,000 beds, with plans to scale up in the coming weeks and months, and Governor Ron DeSantis sees it as the first of multiple state-run immigrant detention centers. Critics say the facility could have a negative impact on the area's delicate ecosystem and they say Trump is sending a cruel message to immigrants. (Source: Bloomberg)