JPMorgan Chase posts record revenue on higher interest rates; shares jump 7%
$JPMorgan (JPM.US)$ posted record first-quarter revenue on Friday that topped analysts’ expectations as net interest income surged almost 50% from a year ago on higher rates.
Here’s what the company reported:
Adjusted earnings: $4.32 per share vs. $3.41 per share Refinitiv estimate
Revenue: $39.34 billion, vs. $36.19 billion
Wells Fargo’s first-qu...

As previously I have stated, the recession period is upon us from April onwards most likely BBBY will not be able to recover from the loss they are currently experiencing, I highly suggest investor to monitor buy this stocks during the recession period as this are the few stocks which I feel are going to drop and  rise back up like a phoenix $MasterCard (MA.US)$ $Costco (COST.US)$ $Tesla (TSLA.US)$ $Apple (AAPL.US)$ $Broadcom Inc (AVGOP.US)$ $Elevance Health (ELV.US)$ $Dollar General (DG.US)$ $UnitedHealth (UNH.US)$ $Marsh & McLennan (MMC.US)$ bro ...

On March, Buffett spent US$470 million to buy 7.9 million shares of $Occidental Petroleum (OXY.US)$, and then it rose by more than 2%, which attracted the attention of many investors.
If you want to make reference but worry about the risks, or stay on the sidelines but are afraid of missing the opportunity to potentially make money, come and test what kind of investor persona you are!
There are also surprise rewards w...

$First Republic Bank (FRC.US)$ Buy now
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$First Republic Bank (FRC.US)$
For Risk takers only~!!
Currently, the market for the US is downfalling at a fast rate, especially for FRC stocks, it is expected that FRC will be the next bank to be closed down during the recession period. But nevertheless, I see this as an opportunity to bounce back from FRC. Recently they got a $30 billion lifeline from some of the nation's biggest lenders, including JPMorgan (JPM), Citigroup (C) and Bank of America (BAC), and Well...

Bank of America $Bank of America (BAC.US)$ looks even more attractive now with the PE ratio dropping to 8.7 times and the PB ratio at 0.91 times. But before we jump in to buy, let’s take a look if it’s safe to invest in it in the first place!
One of the key metrics in analyzing banks will be looking at Net Charge-Off, which refers to the amount of loans or other debts that a bank has determined it is unable to collect and has written off as a loss.
When a bank lends money,...