JPMorgan Chase
Trump’s Credit Cap Plan Rattles JPM Stock, Banks: What It Means for Your Finances
JPMorgan Chase stock experienced a notable dip following President Trump’s unexpected call for a 10% cap on credit card interest rates. This move sent ripples across the financial sector, raising questions about future profitability for banks and credit card firms,…
Capital One Plunges 8% as Trump’s Credit Card Rate Cap Threat Rocks Banking Stocks
Capital One shares tumbled over 8% after President Trump proposed capping credit card interest rates, sending shockwaves through the financial sector. Major issuers like American Express and JPMorgan Chase also saw significant declines.
JPMorgan Chase Replaces Goldman Sachs as Apple Card Issuer After Billion-Dollar Losses
JPMorgan Chase is set to become the new issuer for Apple Card, taking over from Goldman Sachs, which reportedly faced multi-billion dollar losses from the partnership. This strategic shift includes acquiring existing credit balances at a significant discount.
Jamie Dimon Warns: US Stock Market Faces High Crash Risk
Jamie Dimon, CEO of JPMorgan Chase, expresses deep concern about the possibility of a US stock market correction, citing high valuations, global uncertainty, and risks in AI investments.
JPMorgan Chase to Announce Q1 Earnings Amid Economic Uncertainty
JPMorgan Chase is set to report Q1 earnings on Friday, with analysts expecting $4.61 EPS and $44.11 billion in revenue amid rising economic uncertainty.