Jamie Dimon says JPMorgan stock is too expensive: ‘We’re not going to buy back a lot’
JPMorgan Chase has seen its shares surge 40% over the past year, reaching a 52-week high on Monday before Dimon’s comments dinged the stock.
Grayscale CEO Michael Sonnenshein steps down, replaced by Goldman exec: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
Nvidia beating earnings per share expectations is worst-kept secret on Wall Street, says Evercore ISI
Wall Street may be banking on Nvidia beating earnings, but how the stock will react is less clear, says Evercore ISI.
Ivan Boesky, convict in 1980s insider trading scandal, dies at 87, NYT reports
Ivan Boesky, the financier who was a central figure of the 1980s insider trading scandals, has died at the age of 87, the New York Times reported on Monday.
Nvidia is cheap heading into major earnings report, tech investor Dan Niles says
The investor also said to expect a beat and raise as the chip giant reports results.
BMW imported 8,000 Mini Coopers with banned Chinese parts into U.S., Senate report says
A Senate report released Monday found BMW imported at least 8,000 Mini Cooper vehicles into the country with electronic parts from a banned Chinese supplier.
This energy stock and other plays are set to jump the most over the next month, according to an AI model
These stocks are some of iFi AI’s favorite picks for the next 30 days.
Britain expands AI Safety Institute to San Francisco amid scrutiny over regulatory shortcomings
The U.K. said Monday it will open a U.S. counterpart to its AI Safety Summit, a state-backed body testing advanced AI systems, in San Francisco this summer.
UK stocks are outperforming the U.S. and one CIO says they look ‘very cheap’
The U.K. FTSE 100 is up around 11% over the last three months, while the broader FTSE 250 index is more than 9% higher.
European markets close slightly higher; Richemont up 5.3%
European markets closed slightly higher Monday, following positive momentum seen last week.
