JPMorgan Stock Discussion

The World's Biggest Alternative Investment Manager, Blackstone, Beats On Revenue & Earnings — Credit & Insurance Business Overtakes Private Equity and Real Estate
Here are the key takeaways from their latest earnings:
• Total Segment Revenue: $2.43B vs $2.36B exp (+4.8% YoY)
• Fee-Related Earnings: $1.18B ($0.96 per share) vs $1.15B exp (+4.5% YoY)
• Net Income: $1.56B (+70% YoY), $4.1B YTD
• Total AUM: $1.11T vs $1.1T exp (+10% YoY)
• Credit & Insur...

US Banks Earnings Visualized
What did we learn from the nation's top lenders?
NII pressure: The slowdown in net interest income (NII) continued in Q3—but less than anticipated. JPMorgan even raised its NII projection for 2024.
Fees to the rescue: Banks were able to mitigate the NII slowdown with other revenue sources, showing their diversified revenue streams. Wells Fargo highlighted a 16% growth in fee-based revenue this year.
Investment banking activity rebou...

As represented by the Russell 2000 index, small-cap stocks have achieved a new closing high not seen since November 2021, extending their rally to four consecutive trading days. This rise comes despite a mild downturn in major tech stocks like Nvidia over the last few days.
Bank Stocks Bolster Small-Cap Performance
The robust performance of small caps is largely attributed to the strong earnings reported by major U.S. banks. Financial institut...

The U.S. stock earnings season kicked off last Friday. Multiple U.S. commercial banks exceeded earnings expectations and saw their stock prices rise following the release of their financial reports..
This upward trend validates our September 20th topic: "U.S. Commercial Banks Will Directly Benefit from the Rate Cuts. Here's How." The macroeconomic environment before and after rate cuts remains favo...

BlackRock is one of the most well-known investment and asset management companies in the world, based in New York City. It was founded in 1988 by 8 financial professionals, including Larry Fink, Susan Wagner, Barbara Novick and Robert S. Kapito, who wanted to make the financial advisory industry more transparent and efficient.
The company is best known for bringing innovation to what is considered a very pragmatic field by developing innovative portfolio management software k...