Wall Street layoffs are coming as deals boom turns to bust, insiders say

Wall Street layoffs are coming as deals boom turns to bust, insiders say

People walk by the New York Stock Exchange. Spencer Platt | Getty Images News | Getty Images Less than six months ago, Wall Street bankers were reaping the rewards from a historic boom in mergers and IPOs. Now, thanks to a confluence of factors that have cast a pall over markets and caused most deal … Read more

Companies forced to weigh in on privacy, health care

Pro-choice activists are seen outside the US Supreme Court in Washington, DC on June 15, 2022. Mandel Ngan | AFP | Getty Images The challenges posed by the end of Roe v. Wade are only just beginning for corporate America. By overturning the abortion precedent Friday, the U.S. Supreme Court set off a series of … Read more

JPMorgan Chase tells employees the bank will pay for travel to states that allow abortion

JP Morgan CEO Jamie Dimon speaks at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, US, November 23, 2021. Brian Snyder | Reuters JPMorgan Chase, one of the largest employers in the US financial industry, told workers that it will pay for travel to states that allow legal abortions, according to a memo … Read more

After another big weekly loss, assessing whether stocks are cheap and a buying opportunity is near

Stocks are emphatically on sale, but are they cheap? Markdowns are not always the same as bargains. Much depends on the original price and quality of the goods. And even with last week’s price drops on Wall Street, it’s tough to say yet that the market is broadly cheap. But value seems to be emerging … Read more

Banks name the under-the-radar global stocks set to outperform a volatile market

HSBC produced a list of its "most attractive" buy-rated stocks, while JPMorgan identified other "pockets of opportunity" in the market.

JPMorgan says Chinese assets are a good diversifier right now

Sign for JP Morgan on 7th March 2020 in London, United Kingdom. JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York. Mike Kemp | Getty Images LONDON – As lockdowns ease and regulatory pressures subside, some of the headwinds facing Chinese stocks are set to … Read more

Video game stock Take Two Interactive looks cheap and can rally 33%, JPMorgan says

Shares of video game company Take-Two Interactive look attractive after a pullback this year, according to JPMorgan. JPMorgan on Thursday rated Take-Two overweight after a period of restriction. The firm also set a $ 175 price target on the stock, implying 33.2% upside. Take-Two shares are down about 26% in 2022, underperforming the S&P 500’s … Read more

DocuSign, Campbell, Modern and more

The Docusign Inc. website on a laptop computer arranged in Dobbs Ferry, New York, US, on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Campbell Soup – The food company saw shares gain 2.3% after reporting a better-than-expected quarterly report. Campbell posted an … Read more

JPMorgan downgrades coffee chain Dutch Bros, citing slowdown in consumer spending

Shares of coffee chain Dutch Bros could be under pressure as consumers tamp down on discretionary spending due to hot inflation, according to JPMorgan. JPMorgan on Wednesday downgraded shares of Dutch Bros to neutral from overweight. The firm maintained its price target of $ 40 on the stock, which is about in line with Dutch … Read more

$ 150 oil will not cripple economy, market: JP Morgan’s Marko Kolanovic

JP Morgan’s Marko Kolanovic predicts oil is surging higher – but so are stocks. Kolanovic, who serves as the firm’s chief global markets strategist and co-head of global research, believes the US economy is strong enough to handle oil prices as high as $ 150 a barrel. “There could be some potential further spikes in … Read more