Tag: JPMorgan Shares

Activity, Corporate Banking, Trading

JPMorgan shares jump after record trading revenue drives stronger-than-expected second quarter profit

July 14, 2020


JPMorgan Chase on Tuesday reported second-quarter profit that beat analysts’ expectations on record trading revenue bolstered by surging volatility and the Federal Reserve’s unprecedented actions to prop up credit markets. The bank posted earnings of $4.69 billion, or $1.38 a […]

Activity, Trading

JPMorgan shares drop after bank warns borrower defaults could get ‘meaningfully’ worse

April 14, 2020


JPMorgan Chase on Tuesday posted first-quarter profit that was well below analysts’ expectations, although the bank’s revenue held up amid the coronavirus pandemic. The earnings drop was caused by a massive $6.8 billion addition to the bank’s credit reserves. The […]

Activity, Investment Banking

JPMorgan and Oracle Jump After Warren Buffett Buys Shares

November 15, 2018

Via: TheStreet

When billionaire investor Warren Buffett speaks Wall Street listens and his purchase of shares in JPMorgan Chase & Co. (JPM) and Oracle Corp. (ORCL) have those stocks jumping Thursday, Nov. 15. Shares of JPMorgan were up 0.5% in morning trading […]