JPMorgan Chase & Co (NYSE: JPM) has already climbed nearly 30% over the past two months but a Morgan Stanley analyst sees further upside into the next year. The bull case for JPMorgan stock Interestingly, Betsy Graseck doesn’t feel the same about JPM peers and actually recommends against investing in large cap banks in the […]Read More
If you love stocks, you already know how much enthusiasm GameStop Corp. (NYSE:GME) elicits. It’s a loved meme stock, and it is easy to see why it trended on social trading networks on Tuesday. The company reports earnings on December 07, 2022, after the market close, and retail traders can’t keep calm. Nevertheless, the stock […]Read More
Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) plans on building a second chip factory in Arizona, the company confirmed on Tuesday. TSMC is diversifying away from China Execution will boost its investment in that State by more than threefold to $40 billion – the largest foreign investment in the history of Arizona. TSMC is trying […]Read More
So far, the S&P 500 index has failed to kick off a new bull market on fears of a looming recession. Still, David Kostin – the Chief U.S. Equity Strategist at Goldman Sachs continues to believe in the Federal Reserve and its ability to orchestrate a soft landing in 2023. Kostin’s outlook for S&P 500 […]Read More
U.S. consumer is still spending about 10% more versus a year ago on the back of $1.50 trillion in excess savings from the pandemic-related relief packages. But there’s always a possibility that all of it changes in 2023, says Jamie Dimon – the CEO of JPMorgan Chase and Co (NYSE: JPM). Dimon reiterates the possibility […]Read More
Textron Inc (NYSE: TXT) opened nearly 10% up on Tuesday after the U.S. army picked the Bell V-280 Valor as its future long-range assault aircraft (FLRAA). Army wants to retire Black Hawks The U.S. army had been looking for a suitable replacement for 2,000 of its Black Hawks. Bell’s V-280 Valor serves the purpose as […]Read More
European Central Bank Chief Economist Philipp Lane has stated that consumer price inflation is almost its peak as he conceded that lending rates are likely to be increased again. Inflation about to peak, says ECB economist Commenting on whether inflation is soaring, Lane told Milano Finanza newspaper that it is still early to decide, but […]Read More
Crypto.com and Coca Cola (NYSE: KO) have launched NFT artworks based on the 2022 FIFA World Cup, according to a press release from the cryptocurrency exchange. The collaboration will see the Crypto.com blockchain host 10,000 NFTs based on player “heatmap” during matches, and will capture unique moments such as team attacks, tackles and goal at […]Read More
Aston Martin Lagonda (LON: AML) share price has come under intense pressure in the past few months as concerns about the luxury automaker remain. The stock was trading at 135p on Tuesday, slightly higher than the year-to-date low of 85.95p. It has plunged by more than 97% from its all-time high, giving it a market […]Read More
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