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JPMorgan Chase & Co. News

Stock Market Today - 5/23: Stocks End Higher, Dollar Eases Amid 'Fed Put' Talk

Hopeful talk of a pause in Fed rate hikes amid the worst run of weekly declines for the S&P 500 in more than two decades has stocks ending higher Monday.

JPMorgan Stock Jumps After Boosting Key 2022 Profit Target, Says U.S. Economy 'Fundamentally Sound'

JPMorgan CEO Jamie Dimon is set to speak at the bank's investor day presentation at 8:00 am Eastern time.

Stock Market Today - 5/18: Dow Tumbles 1,164 Points on Target Miss, Powell Inflation Comments

Stock finish sharply lower Wednesday as Target earnings disappoint and Fed Chair Powell warns 'there could some pain involved' with the Fed's inflation approach.

Stocks Ease; Powell Reiterates Fed Resolve on Inflation - 5 Things You Must Know

Stock futures were indicating a lower open on Wednesday. Fed Chairman Jerome Powell said the Fed was determined to reduce inflation. Housing-starts and building-permits data are in focus. Target shares slipped before the retailer reports earnings. And JPMorgan holders voted against the bank's proposal to pay CEO Jamie Dimon a $50 million retention bonus.

Who Was the Best Paid CEO of Them all for 2021?

The median compensation for top CEOs reportedly hit $14.7 million in 2021, a sixth straight record.

Breaking News

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.

Gap Stock Plummets On Wider Q1 Loss, Grim Profit Outlook As Shoppers Shun Casual Apparel

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

Big Lots Stock Crumbles After Surprise Q1 Loss As Inflation, Gas Price Surge Bites Spending

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

Broadcom Agrees to Buy VMware in $61 Billion Cash-and-Stock Cloud Software Deal

"Combining our assets and talented team with Broadcom's existing enterprise software portfolio creates a remarkable enterprise software player," said VMware CEO Raghu Raghuram.