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JPMORGAN DRN

JPMorgan research boss says immigration is benefiting the U.S. economy

by Vera Ward
JPMorgan research boss says immigration is benefiting the U.S. economy

U.S. commuters. Caroline Purser | The Image Bank | Getty Images The recent influx of immigration into the U.S. is helping to bolster the economy despite a raft of global …

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Retail traders are bailing on 3 of the hottest AI plays in the market today

by Walter Watson
Retail traders are bailing on 3 of the hottest AI plays in the market today

Everyday investors appear to be taking profits on some of the most popular artificial intelligence stocks, according to JPMorgan. After subtracting for outflows, JPMorgan’s Peng Cheng said retail traders poured …

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George Lucas backs Disney CEO Bob Iger in Nelson Peltz proxy fight

by Anas Siddiqui
George Lucas backs Disney CEO Bob Iger in Nelson Peltz proxy fight

Filmmaker and Hollywood legend George Lucas is throwing his support behind Walt Disney CEO Bob Iger in the bitter proxy battle between the company and activist investor Nelson Peltz. Lucas, …

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U.S. consumer sentiment stays steady

by Walter Watson
U.S. consumer sentiment stays steady

Shoppers are seen at Whole Foods Market on October 14, 2022, in Atlanta, Georgia. Elijah Nouvelage | Afp | Getty Images This report is from today’s CNBC Daily Open, our …

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Wall Street focus turns to the Fed

by Walter Watson
Wall Street focus turns to the Fed

A trader works, as a screen displays a news conference by Federal Reserve Board Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock …

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AI and automation justify shorter workweek, Democrats argue

by Vera Ward
AI and automation justify shorter workweek, Democrats argue

Senate Senate Health, Education, Labor, and Pensions Committee Chairman Bernie Sanders (I-VT) questions witnesses with ranking member Sen. Bill Cassidy (R-LA) during a hearing about working hours in the Dirksen …

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Jamie Dimon on Capital One-Discover deal: ‘Let them compete’

by Anas Siddiqui
Jamie Dimon on Capital One-Discover deal: ‘Let them compete’

JPMorgan Chase CEO Jamie Dimon isn’t worried about the added competition from a bulked-up Capital One if its $35.3 billion takeover of Discover Financial gets approved. “My view is, let …

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JPMorgan CEO Jamie Dimon says AI is not just hype — ‘This is real’

by Walter Watson
JPMorgan CEO Jamie Dimon says AI is not just hype — ‘This is real’

The burgeoning artificial intelligence tools from companies such as OpenAI still have their share of skeptics, but don’t count JPMorgan Chase CEO Jamie Dimon among them. The Wall Street titan …

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Why Capital One is buying Discover in the biggest merger yet of 2024

by Walter Watson
Why Capital One is buying Discover in the biggest merger yet of 2024

Capital One CEO and Chairman, Richard Fairbank. Marvin Joseph| The Washington Post | Getty Images Capital One’s recently announced $35.3 billion acquisition of Discover Financial isn’t just about getting bigger …

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Freddie Lait to reveal ‘Magnificent 7’ alternative stocks and more

by Walter Watson
Freddie Lait to reveal ‘Magnificent 7’ alternative stocks and more

From major elections to inflation and recession risks, the world right now is highly unpredictable, according to Freddie Lait of Latitude Investment Management. Join CNBC’s Karen Tso as she asks …

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