148.01BMarket Cap23.58P/E (TTM)
982.050High948.160Low908.17KVolume979.790Open986.100Pre Close870.33MTurnover0.59%Turnover Ratio26.17P/E (Static)154.88MShares1082.45052wk High3.59P/B147.96BFloat Cap732.66152wk Low20.30Dividend TTM154.83MShs Float1082.450Historical High2.12%Div YieldTTM3.44%Amplitude7.585Historical Low958.326Avg Price1Lot Size
104712493 : Here's an overview of the recent earnings and prospects for JPMorgan Chase (JPM), BlackRock (BLK), and Taiwan Semiconductor Manufacturing Company (TSMC):
JPMorgan Chase (JPM):
In the third quarter of 2024, JPMorgan Chase reported earnings of $4.37 per share, surpassing analysts' expectations of $4.01. Revenue for the quarter was $43.32 billion, exceeding the forecasted $41.63 billion. This performance was largely driven by stronger-than-expected net interest income, which rose 3% to $23.5 billion, attributed to gains from securities investments and increased loan activity in its credit card business.
Despite these positive results, some analysts have expressed concerns over the stock's valuation. For instance, Baird analyst David A. George downgraded JPMorgan's stock to 'underperform,' citing unattractive risk/reward dynamics despite the bank's strong attributes and management team.
BlackRock (BLK):
BlackRock, a leading global asset management firm, is scheduled to release its earnings report this week. Investors are keenly awaiting this report to gain insights into the company's performance, especially in light of recent market volatility and economic indicators.
Taiwan Semiconductor Manufacturing Company (TSMC):
TSMC reported robust third-quarter earnings in 2024, with gross margins of 57.8%, significantly higher than the anticipated mid-point guidance of 54.5%. The company provided an optimistic fourth-quarter revenue growth forecast of 13% quarter over quarter, indicating potential further increases in gross margins.
Analysts, including those from JPMorgan, have maintained an 'Overweight' rating on TSMC shares, citing strong demand for advanced technologies and a positive outlook for 2025. The growth in artificial intelligence (AI) is expected to sustain for several years, driven by robust demand from hyperscaler customers and the development of practical applications.
Buy n Die Together❤ :
Lucas Cheah : 1. $JPMorgan (JPM.US)$
JPMorgan, one of the largest banks in the U.S., is poised for steady earnings growth in 2025 due to rising net interest income and strong trading activity. The Federal Reserve's interest rate cuts in 2024 may lead to higher lending volumes, especially in consumer and corporate loans. JPMorgan’s robust wealth management and investment banking divisions will also benefit from a possible uptick in mergers and acquisitions activity.
For example, in Q3 2024, JPMorgan reported strong growth in net interest income, driven by its dominant position in the U.S. credit market. Continued focus on technology investments, such as its AI-powered wealth management tools, could further enhance earnings. However, risks include higher credit defaults if the global economy slows unexpectedly.
2. $Blackrock (BLK.US)$
BlackRock, the world’s largest asset manager, has a strong earnings outlook due to its dominance in the ETF market and increasing demand for sustainable investing products. The global monetary easing cycle could increase equity inflows, benefiting BlackRock’s AUM (assets under management). Moreover, its Aladdin platform, a market-leading risk management tool, provides a steady revenue stream.
For example, BlackRock’s iShares ETF platform has consistently attracted strong inflows, with its sustainable funds growing rapidly year-over-year. A potential rebound in global equity markets in 2025 would likely boost its earnings. However, fee compression remains a challenge as competition in the asset management space increases.
3. $Taiwan Semiconductor (TSM.US)$
TSMC is positioned for significant earnings growth in 2025 due to its leadership in advanced semiconductor manufacturing. As global demand for AI chips and 5G infrastructure grows, TSMC remains a crucial supplier for companies like Nvidia and Apple. Its expertise in producing 3nm and upcoming 2nm technology gives it a competitive edge.
For instance, in 2024, TSMC reported strong demand for chips used in AI and automotive sectors, driving double-digit revenue growth in these categories. Looking ahead, increased investments in data centers and consumer electronics should support earnings. However, geopolitical risks, particularly U.S.-China tensions, could disrupt supply chains or demand.
redevilgiggs :