JPMorgan’s Jamie Dimon warns inflation and interest rates may stay higher
JPMorgan Chase CEO Jamie Dimon on Friday issued another warning about inflation despite recent signs of easing in price pressures.…
Wells Fargo shares tumble after net interest income falls short of estimates
Wells Fargo on Friday reported a 9% decline in net interest income, even though its second-quarter earnings and revenue exceeded…
JPMorgan Chase tops second-quarter revenue expectations on strong investment banking
JPMorgan Chase on Friday posted second-quarter profit and revenue that topped analysts’ expectations as investment banking fees surged 52% from…
Ethereum ETF countdown: Bitwise CIO sees ‘birth of a new asset class’
Wall Street is getting ready for a new batch of cryptocurrency exchange-traded funds: ethereum. Spot ether ETFs could hit the…
Stocks making the biggest moves after hours: WD-40 Company, Costco and more
Check out the companies making headlines after the bell: WD-40 Company — Shares gained 11% after the maker of metal…
Bill Gross says Tesla is the new meme stock
Longtime investor Bill Gross believes Elon Musk’s Tesla is behaving like a speculative play among retail investors. “Tesla acting like a…
‘Make or break week:’ Stifel sees 40% chance of President Biden dropping out of the race
There’s a 40% chance President Joe Biden will not seek reelection, according to Stifel. Brian Gardner, the firm’s chief Washington…
