Today’s Big Earnings Results Summarized: BLK, JPM, and WFC
Disparity between earnings estimates and economic growth is showing.
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
JPMorgan reported Q4 adjusted EPS of $5.23, topping estimates, but shares fell over 2% as investors looked past strong trading results.
Disparity between earnings estimates and economic growth is showing.
Bitcoin reclaimed $41,000 on Friday after JPMorgan analysts said the outflows from Grayscale's BTC fund are over.
Coinbase staged a jaw-dropping rally in 2023 but JPMorgan analysts anticipate that the exchange is unlikely to replicate such a strong performance in 2024.
JPMorgan's shares rose 2.6% in premarket trading after record full-year profit and revenue.
After tumbling to lowest point in nearly 4 years, JPMorgan expects VIX to rebound in the near term.
Crypto market cap fell by 11% to $1.09 trillion in the past month but JPMorgan analysts think the correction phase is almost over.
JPMorgan shares fell after Fitch Ratings warned the Wall Street bank is facing downgrade risks.
JPMorgan's profit and revenue rose substantially in Q2 2023, in part due to its May acquisition of the imploded First Republic Bank.
The new blockchain-based system will allow interbank dollar settlements to be completed around the clock.
The biggest American bank seeks to offset its carbon emissions.
Deposit tokens will be much safer than stablecoins as they are issued by regulated institutions.
A MAS-inspired initiative that explores DeFi potential has completed its first experiment with DeFi.