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jp morgan

StockWatch: JPMorgan Sees Q1 Profit Fall By 40%!

David Kindley Apr 14, 2022 662 0

JPMorgan Chase kicked off the earnings season on a negative note. Q1 profit fell 42% from a year ago. This was due to Russia invading Ukraine, high levels of inflation, and supply chain problems. Later today we have the earnings of…
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Stocks

StockWatch: Russia Owes to Wall Street Banks, Will They Collect?

David Kindley Mar 11, 2022 900 0

It has come to light that Russian entities owe more than $100bn to international banks. Goldman Sachs has disclosed that it had credit exposure to Russia of $650 million in December 2021. Also, Citigroup said last week that it had…
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Fundamental Analysis

Can Oil Go Higher?

Daniel John Grady Feb 9, 2022 1,448 0

Following the OPEC+ meeting last week, WTI crude prices increased substantially, marking further consecutive multi-year highs. Over the weekend, some analysts wondered if crude would reach the $100/barrel mark, an important psychological…
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Stocks

StockWatch: JP Morgan Drops by 6% on Earnings Call!

David Kindley Jan 17, 2022 259 0

JP Morgan shares dropped after the bank posted its smallest quarterly earnings beat in nearly two years. Higher-than-expected expenses drove a 14% decline in Q4 profits to $10.4 billion. Wells Fargo however exceeded analysts’…
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Stocks

StockWatch – Big Banks Get Their Earning Calls!

David Kindley Jan 14, 2022 367 0

JPMorgan, Wells Fargo and Citigroup have their earnings calls in today’s American session. JPMorgan Chase, the largest bank in the US by total assets, will kick off earnings season and they are expected to exceed expectations once more.…
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Stocks

StockWatch: Goldman Sachs Cuts GDP Over Omicron Fears!

David Kindley Dec 9, 2021 690 0

Goldman Sachs has cut its outlook for US economic growth for 2022, citing risks and uncertainty around the emergence of the omicron variant. A statement read that the omicron variant could slow economic reopening. And it could worsen…
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Stocks

StockWatch: JP Morgan Leads the Way on Earnings!

David Kindley Oct 14, 2021 326 0

JP Morgan Chase posted Q3 results that exceeded expectations yesterday. The bank delivered strong results as the economy continues to show good growth, despite the effect of supply chain disruptions. Delta Air Lines also reported a…
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Stocks

StockWatch: US Bank’s Earnings Boost

David Kindley Jul 14, 2021 412 0

On Tuesday JPMorgan Chase reported second-quarter profit and revenue that exceeded analysts’ expectations, as the company released money set aside for loan losses. Goldman Sachs's earnings were also buoyant as they were propelled by…
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Stocks

StockWatch: Wall Street Banks Push for Return to Work

David Kindley Jun 18, 2021 439 0

Some CEOs of Wall Street's top investment banks are expecting all employees to be back at the office by the end of the year. Top chiefs have stated ‘if you can go to a restaurant in New York City, you can come into the office’.…
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Stocks

StockWatch: Employee Burnout at Goldman Sachs

David Kindley Mar 19, 2021 544 0

First-year bankers at investment bank Goldman Sachs have warned that they might quit unless their grueling working conditions improve. A request for an 80-hour weekly cap is to be enforced after some employees are supposedly working…
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