In the
biotech market,
JPMorgan has been highly active in the recent period covering a variety of stocks, notably around the electric vehicle (EV) and artificial intelligence (AI) sectors. The firm raised its price target for
Tesla while expecting a significant stock crash.
Nvidia shares gained attention post the investor meeting, whereas the EV charging stock
EVgo could surge nearly 80% according to JPMorgan. On the other hand,
Super Micro Computer was downgraded due to regulatory compliance uncertainties. There was much discussion around
JPMorgan's Chase & Co.'s stock performance, with Q3 results on the horizon and changes in their investment approach. The bank tempered its guidance on interest income and expenses, which led to a drop in share value. Its views on stocks for the next decade were bearish, expecting minimal returns. The CEO succession may test JPMorgan's 'Jamie premium'. On AI,
Nvidia Corporation's Blackwell AI Chip was reported to have gone into full production amid high demand with an Overweight rating from JP Morgan. The firm holds
Apple,
Humana,
Par Pacific, and
JEPI, JEPQ in high regard.
Jpmorgan Stocks News Analytics from Wed, 27 Mar 2024 07:00:00 GMT to Sat, 05 Oct 2024 22:03:29 GMT -
Rating -3
- Innovation 6
- Information 8
- Rumor -4
