Chip stocks drop as AI rally shows ‘signs of fatigue’, as SpaceX’s huge IPO looms – as it happened Rolling coverage of the latest economic and financial news The Guardian - UK · Jun 4
Jamie Dimon to pitch JPMorgan’s ultra-rich clients on SpaceX IPO JPMorgan Chase CEO Jamie Dimon will discuss the upcoming SpaceX initial public offering with thousands of the bank's wealthy clients. This nationwide event involves SpaceX leaders and highlights the massive demand for what is expected to be the largest market debut. The company, formally Space Exploration Technologies Corp., targets a… The Economic Times · Jun 4
'Brace for New Shocks in June' as World Oil Supplies Near a Point of No Return, Analysts Warn Global oil reserves are depleting rapidly due to the Iran war, with experts warning of severe economic impacts if the Strait of Hormuz remains closed. International Business Times UK · Jun 2
FedEx Freight Stock Starts Trading June 1 as a Member of the S&P 500. How to Play FDXF Here. FedEx’s much-awaited Freight spin-off is finally here, but can newly listed FDXF become the next premium trucking giant? Barchart · Jun 1
OpenAI has discussed adding Citigroup, JPMorgan to bank lineup for IPO OpenAI filling out its roster of underwriters would bring it a step closer to an IPO, which could come later this year. A confidential IPO filing by the maker of ChatGPT is expected within weeks, Bloomberg News has reported. The Economic Times · May 30
'If you do it badly...': JPMorgan CEO Jamie Dimon confronts Zohran Mamdani during closed-door meeting JPMorgan Chase CEO Jamie Dimon has opened up about his recent private meeting with New York City mayor Zohran Mamdani, saying he warned the socialist about the risks of poor governance and ideology-driven policymaking. The Times of India · May 29
Jamie Dimon tells Gen Z to 'learn how to think, learn how to earn respect' as he describes 'great meeting' with Zohran Mamdani In a Fox Business apearance, the JPMorgan CEO offered graduating students a frank roadmap for success and gave the NYC mayor a polite but pointed warning. Fortune · May 29
"Punch in the stomach after 20 years": How a JPMorgan employee won $4 million after being fired over a $600 food platter A former JPMorgan broker, fired over a $642.50 deli bill for a Super Bowl party, has been awarded $4.25 million in damages. A FINRA panel ruled in his favor, changing his termination status and suggesting the bank acted preemptively. The broker claims JPMorgan used the incident as a pretext to… The Economic Times · May 29
Former JPMorgan employee wins $4M after being fired over $642 ‘Super Bowl’ deli platter ‘We vehemently disagree with FINRA's decision and are disappointed by this outcome,’ a spokesperson for JPMorgan said The Independent UK · May 28
Epstein files reveal ongoing ties with this one wealth manager Despite the allegations surrounding Jeffrey Epstein, Bank of America wealth adviser Paul V. Morris maintained connections with Epstein for several years. This outreach went on even after the bank settled a multi-million dollar lawsuit linked to Epstein's criminal activities. The Economic Times · May 28
Chinese AI models surge in 2026: Is JPMorgan data signaling a global shift away from US AI dominance? Chinese AI models are no longer just regional competitors. They are rapidly becoming a global artificial intelligence force. New JPMorgan data showed Chinese AI token consumption surging sharply between February and May 2026, signaling explosive AI adoption across enterprise software, mobile ecosystems, e-commerce platforms, and productivity tools. Lower-cost open-source AI… The Economic Times · May 28
A moonshot to avoid $39 trillion national debt crisis will rely on AI productivity going even better than bulls are hoping for, says JPMorgan Everything you need to know before you reach the office this morning. Fortune · May 28
JPMorgan CEO Says Company Could Spend $20 Billion on Acquisitions JPMorgan CEO Jamie Dimon said that "There might be, in the next couple years, a chance to put $10 [billion] or $20 billion to work buying something." International Business Times · May 28
Top JPMorgan analyst maps 5 ways America's debt crisis could unfold—and the 'best case' is still alarming JPMorgan's David Kelly maps out five scenarios for the national debt over the next decade — the best-case is pretty, pretty bad. Fortune · May 28
Bored Panda · May 27 Fired JPMorgan Employee Wrongfully Terminated Over ‘Super Bowl’ Platter Just Won $4 Million In Explosive Case “Disappointed by this outcome,” a spokesperson for JPMorgan Chase said following the ruling.
The Times of India · May 27 From $642 to $4 million: Fired JPMorgan employee wins huge compensation over food platter dispute A former JPMorgan broker who claimed he was wrongly fired over a $642.50 deli platter (food platter) linked to a business meeting has been awarded about $4 million in damages by a Wall Street arbitration panel, reports the New York Post.
Kiplinger · May 27 Stocks Grind Higher on Good Fundamentals: Stock Market Today The stock market is a forward-looking mechanism, and what it sees at the bottom line carries greater weight right now than geopolitical uncertainty.
France 24 · May 27 Trump Board of Peace's official Gaza fund is empty despite billions pledged, source says Four months after its creation, the Gaza reconstruction fund of US President Donald Trump's so-called Board of Peace has yet to receive any of the billions of dollars pledged by donor countries. Israel has continued to carry out strikes across the devastated Palestinian territory despite a US-backed ceasefire, killing at…
The Economic Times · May 27 Trump Board of Peace's official Gaza fund is empty President Trump's Board of Peace Gaza reconstruction fund remains empty. Despite pledges of billions from member nations, no money has been deposited. The fund is intended for a later reconstruction phase. Major European nations have not joined the board. The United States pledged ten billion dollars. Reconstruction needs are estimated…
Euronews · May 27 Trump Board of Peace's official Gaza reconstruction fund is empty, source says The board is unambiguously led not just by the United States but by Trump personally, who holds the final say and can remain in charge past his presidency.
Fortune · May 27 Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it JPMorganChase is deploying nearly $40 million to community lenders across the country — the first concrete move under Dimon's American Dream Initiative.
The Times of India · May 27 Trump’s Board of Peace fund empty, donations routed to JPMorgan account lacking 'transparency requirements' Donald Trump's Board of Peace, established to aid Gaza's reconstruction, has received zero dollars in its official fund despite billions pledged by member nations. Donations are reportedly being directed to a JPMorgan account lacking independent transparency requirements, impacting plans for a US-backed Palestinian administration.
MarketBeat · May 27 Microchip Technology Sees Demand Rebound, Margin Gains as Bookings Hit 4-Year High Microchip Technology (NASDAQ:MCHP) is seeing a broad-based recovery in demand and expects continued margin improvement as it ramps production and works down remaining underutilization costs, Chief Financial Officer Eric Bjornholt said at JPMorgan’s 54th Annual Technology and Media Communications Con
International Business Times UK · May 27 Chirayu Rana, Ex-JPMorgan Banker, Faces Court Uncertainty After Attorney Is 'Discharged' Ahead of Hearing Chirayu Rana faces court uncertainty after his attorney was 'discharged' hours before a hearing, leaving the ex-JPMorgan banker to appear pro se.
The Times of India · May 26 Chirayu Rana's lawyer exits case, informs court Rana will represent himself against Lorna Hajdini At the first hearing of the high-octane Chirayu Rana case where the Nepali-origin ex-JPMorgan banker alleged sexual harassment by co-worker Lorna Hajdini, Chirayu Rana's lawyer informed the court that he will be exiting the case. Daniel Kaiser, who previously represented Jeffret Epstein accusers, filed a consent to be discharged as…