Wall Street added to its recent milestones Thursday as the market closed at an all-time high after Delta Air Lines kicked off earnings season with a solid outlook for the rest of 2025, spurring an airline stock rally. The S&P 500 rose 17.20 points, or 0.3%, to 6,280.46, inching past the record it set last…
WASHINGTON (AP) — U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown against China is unsustainable and expects a “de-escalation” in the trade war between the world’s two largest economies. But in a private speech in Washington for JPMorgan Chase, Bessent also cautioned that talks between the United States…
Wall Street just got loud and it’s not cheering. Tesla (NASDAQ:TSLA) CEO Elon Musk, Pershing Square’s Bill Ackman (Trades, Portfolio), and hedge legend Stanley Druckenmiller (Trades, Portfolio) are now openly throwing punches at the Trump administration’s tariff plans, warning they could trigger a full-blown market meltdown. What started as scattered criticism has snowballed into a…
The latest in a series of posters critical of billionaire Elon Musk is displayed after being unofficially installed on a bus shelter on March 12, 2025 in London, England. – Photo: Leon Neal (Getty Images) Tesla (TSLA) has suffered major reputational damage over the last few months on a scale never seen before in the…
(This story contains offensive language in paragraph 3) By Isla Binnie NEW YORK (Reuters) – JPMorgan Chase CEO Jamie Dimon scorned calls from some employees to soften the bank’s five-day return-to-office policy in an animated town hall meeting on Wednesday, according to a recording reviewed by Reuters. Employees at the largest U.S. bank have complained…
By Nupur Anand NEW YORK (Reuters) – Tesla CEO Elon Musk spoke at a JPMorgan Chase conference on Thursday which was attended by the bank’s chief Jamie Dimon, according to source familiar with the situation. The conference in Miami was attended by 200 of JPMorgan’s largest clients across asset and wealth management, convened by Mary…
JPMorgan Chase CEO Jamie Dimon, often called as the ‘white knight of Wall Street’, has revealed that he was close to taking a role at Amazon when he left the Citigroup during the early phase in his career.Dimon began his journey with American Express and later moved to Commercial Credit as CFO. After Commercial Credit…
Jamie Dimon issues a warning about the US stock market — says prices are ‘kind of inflated’ JPMorgan Chase CEO Jamie Dimon isn’t one to sugarcoat his views on the economy — and his latest take on the stock market is anything but reassuring. “Asset prices are kind of inflated,” Dimon told CNBC on Jan….
JPMorgan Chase CEO Jamie Dimon called the US stock market “kind of inflated” — even as he urged critics to “get over” their fears of President Trump’s proposed tariffs. During an interview on Wednesday with CNBC at the World Economic Forum in Davos, Switzerland, Dimon cautioned investors on the risks of increased deficit spending, sticky…
Even after the strongest rally since the early days of the dot-com boom, the S&P 500 Index still has room to push higher through the end of the year, according to JPMorgan Chase & Co.’s trading desk. Derivatives analysts at the bank say the most popular options trades are wagering the US equity benchmark will…