Latest news with #JPMorganChase&Co
Yahoo
2 days ago
- Business
- Yahoo
Jamie Dimon on the bond market, Palantir contract: Trending Tickers
JPMorgan Chase & Co. (JPM) CEO Jamie Dimon warned that "a crack" is beginning to form in the bond market (^TYX, ^TNX, ^FVX) — "It is going to happen" — at an economic forum on Friday The Trump administration has tapped Palantir Technologies (PLTR) for a new contract, according to the New York Times, to expand the government's tech infrastructure and databases. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Now time for some of today's trending tickers. We're looking at the 10 year treasury. JPMorgan Chase CEO Jamie Dimon saying we're going to see a crack in the bond market. Dimond making the comments an economic forum Friday, Josh, so Diamond saying issuing me this warning, there's going to be a crack in the bond market. You're gonna panic, he says. He says he's not gonna panic, but you're gonna panic. I might. Yeah, you might maybe everybody will. Uh, it is Jamie Dimon, and so obviously when he Speaks people do pay attention and he's right to say that you stay focused on the bond market, which was spooking folks and we can debate the reasons why it was maybe debts and deficits or was it recession fears and winding was the selling in in in Japanese government debt, but it was spooking folks. There's something about Jamie Dimon and always hitting exactly where kind of the market zeitgeist is, right? It's if we're talking about the Fed and the Fed should cut seems to be the narrative that's out there, it feels like he starts talking. About rates if it's recession, it's that bond markets definitely been the conversation, right? And I think to Diamond's point, higher yields have weighed on stocks, right? That's been the clear trade over the last month in the sense that a lot of the broader market has struggled as rates are going higher and it definitely feels like the biggest fear or one of the biggest fears in the market right now. City Stewart Kaiser laid out kind of three key risks to the bond or to the stock market, and he said simply that premium. Uh, that bond market premium continuing to move higher is one of the key risks he's concerned about right now. And you also hope that it does feel like things have perhaps right now calmed down a bit. I mean, I'm looking at the 10 year benchmark. We are back to 44. Well, what I find interesting, he also said in this conversation that this may be the wake up call that we need. I mean, I think with what we saw last two weeks, we got the wake up call already, so I'm not really sure what this really adds. I mean, of course. He's always going to make news with what he says, but you know, I, I think he's already to your point, talking about the zeitgeist, and we've been talking about it for a while. So, um, you know, to me it's, it's always nice to have a Jamie headline here and there, but I'm just really not sure what new things we're learning from his insights today. I mean, he's he's right. I mean debts and deficits, it's are a big challenge, and bond markets gonna have to navigate that. We are checking in on Palantirer, and by the way, those shares tacking on a nice 5%. In today's trade that's at the New York Times reported President Trump has expanded the software company's work across the federal government, tapping the company's technology which can easily organize, we know, and analyze data pulled from different agencies. So this was the Times report how the Trump administration has expanded Paltier's work, jobs for the government. They say the company has received more than $113 million in federal government spending since Trump took office. It does not, and that doesn't include, by the way. They see this nearly $800 million contract that the DOD awarded Alex Karp's company last week. This has not been a stock by what you want to bet against. It's been rough. No, short sellers have lost over $2 billion betting on this stock since April 8th. That's from, uh, S3 Partners, Josh. But you just zoom out on the stock like we're doing right now, right? You look over 6 months, things up 91%. Like stock is now trading at basically an all-time high, right around 470% over the past 12 months. Yeah, it's, it's it's crazy. Crazy crazy chart and I think I was when we were talking about this before the show, I was looking stock was only up 1% and I was like, OK, maybe we finally just maxed out on potential catalysts here because it is a good contract and the stock wasn't moving that much. Now interesting as we get the broader market rally that we're starting to see into the close. Palantirer is one of the key movers. Palantirer feels like it's been a little bit of a leader for the market. Palantirer kind of moves a little bit higher than the market's moving, but it's definitely one of those hype trades, right? Oh, what do you make of it? Pallanter and Nvidia, these are companies you don't bet against now. I think. Most fascinating to me is that there were some concerns that defense stocks were going to get hit as the Doge operation was well underway, and the fact that Palantirer has done better than most expected, but clearly still winning more contracts and that Trump is is very much leaning into Karp's business is is obviously another reason that you will not now bet against Palantirer. And by the way, what else happened this week? Fannie Mae told us they're launching this AI powered crime detection unit. Who did they partner with? Patienter.
Yahoo
3 days ago
- Business
- Yahoo
Jamie Dimon on the bond market, Palantir contract: Trending Tickers
JPMorgan Chase & Co. (JPM) CEO Jamie Dimon warned that "a crack" is beginning to form in the bond market (^TYX, ^TNX, ^FVX) — "It is going to happen" — at an economic forum on Friday The Trump administration has tapped Palantir Technologies (PLTR) for a new contract, according to the New York Times, to expand the government's tech infrastructure and databases. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Now time for some of today's trending tickers. We're looking at the 10-year Treasury. JP Morgan Chase CEO Jamie Diamond saying we're going to see a crack in the bond market. Diamond making the comments an economic form Friday, Josh. So Diamond saying issuing this warning, there's going to be a crack in the bond market. You're going to panic, he says. He says he's not going to panic, but you're going to panic. I might. Yeah, maybe you might maybe everybody will. Uh, it is Jamie Diamond and so obviously when he speaks people do pay attention and he's right to say that you stay focused on the bond market, which was spooking folks. And we can debate the reasons why, was it maybe it's debts and deficits or was it recession fears and widening, was it the selling in in Japanese government debt, but it was spooking folks. There's something about Jamie Diamond and always hitting exactly where kind of the market zeitgeist is, right? It's if we're talking about the Fed and the Fed should cut seems to be the narrative that's out there, it feels like he starts talking about rates. If it's recession, it's that. Bond market has definitely been the conversation, right? And I think to Diamond's point, higher yields have weighed on stocks, right? That's been the clear trade over the last month in the sense that a lot of the broader market has struggled as rates are going higher and it definitely is feels like the biggest fear or one of the biggest fears in the market right now. City Stewart Kaiser laid out kind of three key risks to the bond or to the stock market and he said simply that premium that bond market premium continuing to move higher is one of the key risks he's concerned about right now. And yet also hope though it does feel like things have perhaps right now calmed down a bit. I mean, I'm looking at the 10-year benchmark, we are back to 44. Well, what I find interesting, he also said in this conversation that this may be the wake-up call that we need. I mean, I think with what we saw last two weeks, we got the wake-up call already. So I'm not really sure what this really adds. I mean, of course he's always going to make news with what he says, but you know, I I think he's already to your point talking about the zeitgeist and and we've been talking about it for a while. So, um, you know, to me it's it's always nice to have a Jamie headline here and there, but I'm just really not sure what new things we're learning from his insights today. Yeah. I mean, he's he's right by me. I mean, debts and deficits are a big challenge and bond markets are going to have to navigate that. Yeah. We are checking in on Palantir by the way, those shares tacking on a nice 5% in today's trade. That's after the New York Times report of President Trump has expanded the software company's work across the federal government, tapping the company's technology, which can which can easily organize, we know and analyze data pulled from different agencies. So this was the Times report how the Trump administration has expanded Palantir's work, Josh, with the government. They say the company has received more than 113 million in federal government spending since Trump took office. Does not and that doesn't include by the way, they say this nearly $800 million contract the DOD awarded Alex Karp's company last week. This has not been a stock by the way you want to bet against. It's been rough. No, short sellers have lost over two billion dollars betting on this stock since April 8th. That's from S3 partners, Josh. But you just zoom out on the stock like we're doing right now, right? You look over six months, things up 91%. Like stock is now trading at basically an all-time high, right? Up 470% of the past 12 months. Yeah, it's it's a crazy, crazy chart. And I think I was when we were talking about this before the show, I was looking stock was only up 1% and I was like, okay, maybe we finally just maxed out on potential catalyst here because it is a good contract. And the stock wasn't moving that much. Now interesting is we get the broader market rally that we're starting to see into the close. Palantir's one of the key movers. Palantir feels like it's been a little bit of a leader for the market. Palantir kind of moves a little bit higher than the market's moving, but it's definitely one of those hype trades. But what do you make of it? Palantir, Nvidia, these are companies you don't bet against now. I think what's most fascinating to me is that there were some concerns that defense stocks were going to get hit as the DOD operation was well underway and the fact that Palantir has done better than most expected, but clearly still winning more contracts and that Trump is is very much leaning into Karp's business is is obviously another reason that you will not now bet against Palantir. And by the way, what else happened this week? Fannie Mae told us they're launching this AI powered crime detection unit. Who do they partner with? Palantir. Palantir.
Yahoo
3 days ago
- Business
- Yahoo
Middlefield Canadian Income PCC - Holding(s) in Company
TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: Middlefield Canadian Income PCC 1b. Please indicate if the issuer is a non-UK issuer (please mark with an 'X' if appropriate) Non-UK issuer X 2. Reason for the notification (please mark the appropriate box or boxes with an 'X') An acquisition or disposal of voting rights X An acquisition or disposal of financial instruments An event changing the breakdown of voting rights Other (please specify) iii: 3. Details of person subject to the notification obligation iv Name JPMorgan Chase & Co. City and country of registered office (if applicable) United States 4. Full name of shareholder(s) (if different from 3.) v Name J.P. Morgan Securities plc City and country of registered office (if applicable) 5. Date on which the threshold was crossed or reached vi: 28 May 2025 6. Date on which issuer notified (DD/MM/YYYY): 30 May 2025 7. Total positions of person(s) subject to the notification obligation % of voting rights attached to shares (total of 8. A) % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B) Total number of voting rights held in issuer (8.A + 8.B) vii Resulting situation on the date on which threshold was crossed or reached 6.101211 0.023131 6.124342 6521648 Position of previous notification (if applicable) 5.387714 0.000000 5.3877148. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii A: Voting rights attached to shares Class/type ofsharesISIN code (if possible) Number of voting rights ix % of voting rights Direct(DTR5.1) Indirect(DTR5.2.1) Direct(DTR5.1) Indirect(DTR5.2.1) GB00B15PV034 6497014 6.101211 SUBTOTAL 8. A 6497014 6.101211% B 1: Financial Instruments according to DTR5.3.1R (1) (a) Type of financial instrument Expirationdate x Exercise/ Conversion Period xi Number of voting rights that may be acquired if the instrument is exercised/converted. % of voting rights SUBTOTAL 8. B 1 B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b) Type of financial instrument Expirationdate x Exercise/ Conversion Period xi Physical or cash Settlement xii Number of voting rights % of voting rights Equity Swap 02/07/2026 02/07/2026 Cash 24634 0.023131 SUBTOTAL 8.B.2 24634 0.023131%9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an 'X') Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv X Name xv % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold JPMorgan Chase & Co. J.P. Morgan Securities plc 6.101211 6.124342% Chain of controlled undertakings:JPMorgan Chase & Chase Bank, National Association (100%)J.P. Morgan International Finance Limited (100%)J.P. Morgan Capital Holdings Limited (100%)J.P. Morgan Securities plc (100%) 10. In case of proxy voting, please identify: Name of the proxy holder The number and % of voting rights held The date until which the voting rights will be held 11. Additional information xvi JTC Fund Solutions (Jersey) Limited, SecretaryPlace of completion Jersey Date of completion 30 May 2025Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
6 days ago
- Business
- Bloomberg
JPMorgan Gets €500,000 Fine Over French Power Market Survey
JPMorgan Chase & Co. 's German unit was fined €500,000 ($567,500) for failing to adequately respond to a power market survey carried out by France 's regulator related to soaring prices during the energy crisis. The fine from the Commission de Regulation de l'Energie is the first one based on failure by a market participant to provide information needed by the regulator, it said in a statement Tuesday.
Yahoo
24-05-2025
- Business
- Yahoo
Was Jim Cramer Right About JPMorgan Chase & Co. (JPM)?
We recently published a list of . In this article, we are going to take a look at where JPMorgan Chase & Co. (NYSE:JPM) stands against other stocks that Jim Cramer discusses. Back in 2024, on May 16, Mad Money's Jim Cramer highlighted JPMorgan Chase & Co. (NYSE:JPM) during a segment focused on the Dow's climb from 30,000 to 40,000, crediting the bank's steady leadership and consistent execution under Jamie Dimon as key reasons for its 64% gain over that period. 'Jamie Dimon — the CEO of JPMorgan — is a great banker. What else is there to say? He's got a great banking team, rarely makes mistakes, he's got a tremendous loan book. The stock's still cheap, even as it's run 64% since November 2020. I like the dividend too.' JPMorgan delivered as promised, rising 32.15% since Cramer praised its leadership and stable fundamentals. JPMorgan Chase & Co. (NYSE:JPM) continues to shine as the leading U.S. bank by assets, bolstered by high net interest margins and fortress leadership. A group of business people discussing plans around a boardroom table adorned with a financial services company logo. Cramer remains bullish on the bank. Here's what he said in May: 'Next up, analyst meetings are often very dry affairs that are informational but not actionable. That is not the case, though, when JPMorgan, the largest bank, speaks on Monday. Their analyst meeting moves, well, I'll tell you, it moves stocks, especially when CEO Jamie Dimon gives his somewhat jaundiced view of the world because, well, he's somewhat jaundiced. He may be a tad saturnine, too, while I'm at it.' Overall, JPM ranks 9th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of JPM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than JPM and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
