JPMorgan Chase CEO Jamie Dimon addressed concerns about a potential AI investment bubble in an interview published in the Financial Times on Tuesday. Reflecting on the current surge in AI-related investments, particularly in data centers, Dimon acknowledged that while some ventures will...
Jamie Dimon, CEO of JPMorgan Chase, expressed concerns about the dangers of global fragmentation, particularly within the Western world. In a Financial Times interview published on Tuesday, he warned that a fragmented world could resemble the period before World War I and World War II,...
JPMorgan Chase & Co. announced on Friday that its managed revenue in the first quarter of its fiscal 2025 reached $46 billion, jumping 8% year over year and beating expectations. In the reported trimester, on an annual basis, net income climbed 9% to $14.6 billion, while diluted earnings per share...
JPMorgan Chase & Co Chief Executive Officer Jamie Dimon warned on Wednesday that a recession is "a likely outcome" from United States President Donald Trump's tariff policies and escalating global trade war."I think probably that's a likely outcome, because markets, I mean, when you see a...
Chief executive officers of big banks across the globe had private discussions on how United States President Donald Trump's tariffs are affecting markets and the world economy, Sky News reported on Monday.According to the media outlet, the heads of Bank of America Corp., Barclays plc,...
JPMorgan Chase & Co Chief Executive Officer Jamie Dimon warned on Monday that sweeping tariffs introduced by the US administration may drive consumer prices up."We are likely to see inflationary outcomes, not only on imported goods but on domestic prices, as input costs rise and demand...
Levi Strauss & Co., Delta Air Lines, and major US banks are set to release their earnings this week, offering insight into the start of the first-quarter reporting season. This will be the first batch of earnings since the Trump administration announced the implementation of tariffs, providing a glimpse...
JPMorgan Chase & Co. CEO Jamie Dimon commented on Wednesday that he sees some "weakening" in the United States consumer sentiment.During an event organized by Semafor and BlackRock, Dimon stated, however, that he is unsure about the exact impact of US President Donald Trump's...
The United States expects Ukrainian President Volodymyr Zelensky to agree to cede the control of some land in order to reach a peace deal with Russia, Fox Business reporter Charlie Gasparino wrote on Tuesday citing sources.Talking about the further specifics of the deal offered by US President...
JPMorgan Chase & Co. began notifying its employees about a series of job cuts planned throughout 2025, Barron's reported on Wednesday, citing people familiar with the matter.According to the report, the first employees were notified on Sunday, and the layoffs have already affected the staff in...
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