J.P. Morgan

JP Morgan predicts Tesla stock plunge because funding to go private ‘not secured’

J.P. Morgan now believes funding behind Tesla CEO Elon Musk's plan to go private was "not secured." The firm slashed its December price target for …

Tesla

Tesla stock dips as Elon Musk weathers ongoing turmoil

Tesla's stock continued to tumble as the embattled Elon Musk doubled down on his leadership of his multibillion empire.<p>The electric car company's stock was down nearly 3 percent in early morning trading Monday. The stock has trended downward after Musk's Aug. 7 tweet suggesting he would push to …

Tesla

Apple and these other stocks have contributed the most to this historic bull market

The data also show Microsoft accounts for 2.4 percent of the gain, while J.P. Morgan Chase and General Electric have added about 2 percent and 1.7 …

General Electric

Questions around Musk’s Tesla plan lead J.P. Morgan to slash stock’s price target

As the drama surrounding Tesla Chief Executive Elon Musk’s idea to take the electric-car marker private continued, a J.P. Morgan analyst on Monday …

Tesla

There is room for this bull market to run looking at fundamentals and consumers, says JP Morgan's Amoroso

Anastasia Amoroso, J.P. Morgan Private Bank global investment strategist, and CNBC's Mike Santoli join the 'Squawk Box' team to discuss the bull …

Stock Markets

Despegar.com -2.9% on analyst downgrade to Underperform

Itau BBA downgrades Despegar.com (NYSE:DESP) to Underperform with a $17 price target, a 7% downside to yesterday’s close.<p>Source: Bloomberg First Word.<p>…

Business

Dean Foods' stock plunges toward 7-year low after J.P. Morgan turns bearish

Shares of Dean Foods Co. DF, +0.93% plunged 7.9% toward a seven-year low in premarket trade Friday, after J.P. Morgan turned bearish on the food and …

Stock Markets

Breaking: Bloomberg says J.P. Morgan shopping Diebold rescue loan

Bloomberg reports that J.P. Morgan is said to be shopping a $500M Diebold (NYSE:DBD) rescue loan.<p>Headlines only at the moment but will update when …

Business

Tencent Remains a Very Exciting Company, Says Franklin Technology's Curtis – Bloomberg

Tencent Remains a Very Exciting Company, Says Franklin Technology's Curtis<p>Tencent Remains a Very Exciting Company, Says Franklin Technology's …

Tencent

SunTrust expands wealth management division with new offices in Cleveland, Cincinnati

SunTrust Banks has expanded its private wealth management division to serve Ohio and Kentucky with new offices in Cleveland and Cincinnati.<p>SunTrust, …

Cleveland

The market's top stocks were far more extreme during the Dotcom bubble

The markets may feel exuberant, but we’re nowhere near the extremes of the Dotcom bubble and a sell-off isn’t imminent, J.P. Morgan analysts …

Stock Markets

Turkey tantrum isn't full blown crisis, but exposed weaknesses in other countries, says JP Morgan's Guarco

Phil Guarco, J.P. Morgan Private Bank global investment specialist, and Jason Pride, Glenmede private clients chief investment officer, join the …

JPMorgan Chase

Cash And De-Risking Look Good As We Enter Late Cycle: Kennedy

Bloomberg Markets AM with Pimm Fox and Lisa Abramowicz.<p>GUEST: Tom Kennedy, Head of Fixed Income Strategy at J.P. Morgan Private Bank, discusses their …

Bloomberg Terminal

MACOM Technology -3.6% as J.P. Morgan moves down

J.P. Morgan downgrades MACOM Technology (NASDAQ:MTSI) from Neutral to Underweight with a $21 price target, an 8.5% downside to yesterday’s …

Business

Jim Cramer Breaks Down the Volatility in Home Depot Shares

Got a kid going to college? Well then you better get acquainted with the FAFSA -- the Free Application for Federal Student Aid. So give us 60 seconds …

Investing

FBI reportedly warning banks about potential ATM hacks

(WHDH) — The Federal Bureau of Investigation is reportedly warning banks that ATMs could fall victim to hacking attacks.The scheme called an “ATM …

Hacking

U.S. Treasury investors less bearish amid Turkey worries: survey

NEW YORK (Reuters) - Bond investors were less bearish on longer-dated U.S. government debt on Monday than the same day last week as Turkey's economic problems sent the lira to an all-time low, spurring safe-haven demand for Treasuries, a J.P. Morgan survey showed on Tuesday.<p>The share of investors …

Stock Markets

Axoni procures $32 mln Series B

<b>Axoni</b>, a provider of enterprise blockchain technology, has closed $32 million in Series B funding. <b>Goldman Sachs</b> and <b>Nyca Partners</b> led the round with …

Blockchain

Cognizant Tech -1.2% as J.P. Morgan moves to sidelines

J.P. Morgan downgrades Cognizant Tech (NASDAQ:CTSH) from Overweight to Neutral with an $87 price target, a 15% upside to yesterday’s close.<p>Cognizant …

Business

Alta Mesa Resources misses by $0.14, misses on revenue

Alta Mesa Resources (NASDAQ:AMR): Q2 EPS of -$0.04 misses by $0.14.<p>Revenue of $122.42M (+98.9% Y/Y) misses by $9.51M.<p>Press Release<p>Now read: <b>Alta Mesa</b> …

Business

Diamondback to buy Energen in $9.2 billion deal to boost Permain presence

© Reuters. Diamondback to buy Energen in $9.2 billion deal to boost Permain presence<p>(Reuters) - U.S. oil and gas company Diamondback Energy Inc …

Oil

Stronger consumer narrative to drive retail earnings this week: Top ranked analyst

J.P. Morgan Analyst Matt Boss breaks down what to expect from a big week of retail earnings, with reports expected from Home Depot, Macy's, Walmart, …

Home Depot

Tiger Rentals Refinances $160 Million Credit Facilities; Includes $100 Million Term Loan from Orion Energy Partners and $60 Million Revolving Credit Facility from J.P. Morgan

Tiger Rental Group, LLC (together with its affiliated companies, "Tiger Rentals" or the "Company") has refinanced its $160 million credit facilities, …

Chase Bank

Turkey currency crisis has only limited impact, says strategist

David Stubbs, chief client investment strategist at J.P. Morgan Private Bank, speaks about the Turkish economy.

Currency Crisis

Ford's 'Baby Bronco' to use Focus Active's FWD/AWD platform

Ford's chief of product development and purchasing, Hau Thai-Tang, spoke to investor representatives recently at the 2018 J.P. Morgan Auto Conference …

The City

A look at Turkey's 'severe' fiscal and monetary condition

James Sullivan of J.P. Morgan says any plan introduced by the Turkish government will "absolutely cause the private economy very significant economic …

Economy

Planet Fitness stock pulls back from record after J.P. Morgan downgrade, on valuation

Shares of Planet Fitness Inc. PLNT, -4.43% dropped 4.5% in afternoon trade Monday to pull back sharply from the previous session's record close, …

The City

Eaton upgraded, AGCO downgraded at J.P. Morgan in machinery stocks review

J.P. Morgan's Ann Duignan says most metrics provide a positive fundamental backdrop for machinery stocks, even though the ISM manufacturing survey …

Investing

Rosehill Resources beats on revenue

Rosehill Resources (NASDAQ:ROSE): Q2 adj. EBITDAX of $49.2M<p>Revenue of $80.53M (+383.1% Y/Y) beats by $12.84M.<p>Press Release<p>Now read: <b>Rosehill Resources</b> …

Business

How Insane Is Elon Musk's $420 Valuation For Tesla?

This past week, Elon Musk tweeted that he was thinking of taking Tesla private at a price of $420 a share. That would be 18% more than $356, which is where Tesla’s stock closed last Friday. Is $420 an insane valuation? That depends.<p>On the one hand, if you bought Tesla at the end of last week, and …

Tesla