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How Jalen Brunson and Kristin Lemkau are Educating the Next Generation of Athletes
WSJ30d agoneutralVIDEO
How Jalen Brunson and Kristin Lemkau are Educating the Next Generation of Athletes

Jalen Brunson and J.P. Morgan Wealth Management CEO Kristin Lemkau discuss the newly-formed Athlete Council, JPMorganChase's financial advisory group launched to help athletes navigate their money from college through retirement. They also detail Brunson's personal financial strategies and how sports is now viewed as a highly profitable asset class.

Bloomberg30d agoneutral
Retail Traders’ Rise Upends the Established Stock Market Order

(Bloomberg) -- Retail traders have moved from the stock market’s margins to its center.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthOnePlus, Once Popular with Tech Fans, to Pull Out of US and EuropeMarket data shows that their growing influence has reache

Bloomberg30d agoneutral
Middle East Bond Spreads Hit 2022 High as Ceasefire Breaks Down

(Bloomberg) -- Bond investors are demanding the most compensation since October 2022 to fund Middle Eastern governments as fighting flares again between the US and Iran.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthOnePlus, Once Popular with Tech Fans, to

JPMorgan Chase (JPM) Puts $24 Million Into Philadelphia Shipbuilding And Defense
Simply Wall St.31d agoneutral
JPMorgan Chase (JPM) Puts $24 Million Into Philadelphia Shipbuilding And Defense

JPMorgan Chase is committing $24 million to support Philadelphia's maritime and defense manufacturing sector. The funding is part of the bank's broader Security and Resiliency Initiative in U.S. shipbuilding. The program combines direct investments, loans, and philanthropic grants to support workforce training, supply chains, and small business suppliers. For investors watching NYSE:JPM, this move highlights how a major U.S. bank is tying its capital to critical industrial and defense...

One Great Chart: The ‘Takers’ of a Risk-On Market
The Wall Street Journal31d agoneutral
One Great Chart: The ‘Takers’ of a Risk-On Market

“Clearly markets revenues in general have been quite elevated and strong for some time,” JPMorgan CFO Jeremy Barnum told analysts this week. “The market is clearly extremely risk-on, and we’re kind of takers of that.

JPMorgan is nearing $1 trillion for a reason investors missed
TheStreet31d agobearish
JPMorgan is nearing $1 trillion for a reason investors missed

JPMorgan Chase (JPM) just posted the biggest-ever quarterly profit by a U.S. bank. But that record alone is not the reason retail investors should care. The $21.2 billion profit involved gains that won’t recur each quarter. Visa-related transactions added $4.6 billion, while some equity investments ...

Banks’ Blowout Earnings Steal the Spotlight from Big Tech—for Now
Barrons.com31d agoneutral
Banks’ Blowout Earnings Steal the Spotlight from Big Tech—for Now

Wall Street cleared this earnings season’s first major hurdle with room to spare, as the nation’s biggest banks pummeled profit forecasts. “Bank earnings are often described as a scoreboard for the financial sector,” said Ruben Dalfovo, investment strategist at Saxo Bank. “They are more useful as an economic medical examination, and the early numbers suggest the patient remains active, and dealmaking appears healthier.”

Bloomberg31d agoneutral
AI Push to M&A-Starved Loans Gains Fuel With Supersized QTS Deal

(Bloomberg) -- Wall Street banks, scouring every corner of the capital markets to finance the artificial intelligence buildout, have landed on a new pool of funds: US leveraged loans, which are clamoring for the transactions amid a dearth of buyout deals.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strik