Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More

JPM Coin (JPM) news

News
Updates
Update: Equities Rise Intraday as Traders Parse Consumer Sentiment Survey

Update: Equities Rise Intraday as Traders Parse Consumer Sentiment Survey

01:37 PM EDT, 10/09/2026 (MT Newswires) -- (Updates with latest market prices and developments.) US benchmark equity indexes were higher intraday as investors evaluated a survey on consumer sentiment. The Dow Jones Industrial Average was up 0.8% at 51,628.8 after midday Friday, while the Nasdaq Composite and the S&P 500 rose 0.6% each to 27,352.4 and 7,809.5, respectively. Barring communication services, all sectors were in the green, led by real estate. US consumer sentiment fell in October as the one- and five-year inflation expectations reached their highest levels since May, preliminary results of a University of Michigan survey showed Friday. "While year-ahead expectations for personal finances and business conditions crept up slightly, buying conditions for durables plummeted amid high prices and borrowing costs," Surveys of Consumers Director Joanne Hsu said. "Frustration over cost-of-living continues to mount, as consumers across the political spectrum believe that the trajectory of the economy has weakened since the beginning of the year." Markets are currently pricing in a nearly 81% probability that the Federal Reserve will keep its benchmark rate steady later this month, with the remaining odds in favor of a second consecutive 25-basis-point hike, as the central bank looks to tame inflation, according to the CME FedWatch tool. West Texas Intermediate crude was down 0.4% at $91.17 a barrel intraday, while Brent lost 0.5% to $103.81. The 10-year US Treasury yield was up 1.5 basis points at 5.25%, while the two-year rate increased 3.9 basis points to 4.8%. In company news, SpaceX (SPCX) shares were up 0.5%. The rocket and satellite company said late Thursday it agreed to acquire a nationwide low-band spectrum portfolio from investment firm Grain Management as it seeks to establish Starlink Mobile as a major US mobile carrier. T-Mobile US (TMUS) shares sank 13% intraday Friday, the worst performer on the S&P 500, followed by AT&T (T) and Verizon Communications (VZ), which fell 10% and 9.8%, respectively.

MT newswire•2026-10-09 17:37
Stocks Rise Pre-Bell Following Tech Selloff

Stocks Rise Pre-Bell Following Tech Selloff

07:48 AM EDT, 10/09/2026 (MT Newswires) -- The benchmark US stock measures pointed higher before the open Friday following a selloff in technology shares in the previous session, while investors await major earnings reports scheduled for next week. The S&P 500 rose 0.4%, the Dow Jones Industrial Average increased 0.2%, and the Nasdaq 100 rose 0.8% in premarket activity. The S&P 500 and Nasdaq Composite closed the previous trading session down for the second straight day, while the Dow finished green. Major technology stocks fell Thursday following a report from the Financial Times that OpenAI's annualized revenue stood at roughly $50 billion in September, below prior investor estimates of $70 billion. Nvidia (NVDA) closed Thursday down 2.9%, while Oracle (ORCL), Micron Technology (MU) and Broadcom (AVGO) fell 5.5%, 4.8% and 4.4%, respectively. Nvidia and Micron rebounded in Friday's premarket trading as Bloomberg reported that OpenAI expects to reach or exceed $70 billion in annualized revenue by year-end, citing people familiar with the matter. Wall Street's banking heavyweights, including JPMorgan Chase (JPM), Bank of America (BAC), Goldman Sachs (GS), Morgan Stanley (MS), Wells Fargo (WFC) and Citigroup (C), are expected to release their third-quarter results next week, along with major healthcare corporations such as Johnson & Johnson (JNJ) and UnitedHealth (UNH). Investors will also be eyeing fresh inflation data due next week, including September consumer price index and wholesale producer price data. Treasury yields were trending higher early Friday, with the two-year rate inclining 3.3 basis points to 4.79% and the 10-year rate gaining 2.2 basis points to 5.26%. In a social media post on Thursday, President Donald Trump said the US won't be launching strikes against Iran at any time before the mid-term elections next month. Trump added that his administration is having "productive discussions" with Tehran. Trump's post comes after NBC News reported earlier in the week that Trump and his national security

MT newswire•2026-10-09 11:48
BUZZ - Crescent Energy shares fall as it raises 1.1 billions in equity to acquire Devon

BUZZ - Crescent Energy shares fall as it raises 1.1 billions in equity to acquire Devon

October 9 - Crescent Energy (CRGY.N) shares fell 1% to $12.88 in premarket trading on Friday after the company priced and completed a $1 billion follow-on offering related to an acquisition. The Houston, Texas-based shale oil and gas producer announced late Thursday that it would issue 80 million shares at $12.50 each, representing a 3.9% discount to its most recent closing price. CRGY will use the net proceeds from the offering to help fund its $4.2 billion acquisition of Devon Energy's (DVN.N) Eagle Ford oil and gas assets. A KKR (KKR.N) affiliate, which owns about 7.9% of CRGY, will subscribe to 40 million new shares. JPMorgan, KKR Capital Markets, Raymond James, Evercore, and Wells Fargo Securities will act as joint book-running managers for the offering. CRGY has approximately 330.4 million shares outstanding, with a market capitalization of $4.3 billion. The stock closed down 3.4% on Thursday, narrowing its year-to-date gain to 55%. According to data from London Stock Exchange Group (LSEG), 13 out of 16 analysts rate the stock as "strong buy" or "buy," 2 rate it "hold" and 1 recommends "sell," with a median price target of $18.50. DVN's shares were down 1.4% in premarket trading at $48.22. DVN rose 2.2% on Thursday, bringing its cumulative gain in 2026 to about 34%. (For the convenience of non-English speakers, Reuters has automated the translation of its reports into several other languages. Since automated translation may contain errors or lack necessary context, Reuters does not guarantee the accuracy of automated translation texts and provides them solely for reader convenience. Reuters accepts no liability for any damage or loss caused by the use of automated translation.)

路透社•2026-10-09 11:30
Market Talk Roundup: Latest on U.S. Politics

Market Talk Roundup: Latest on U.S. Politics

Market Talks covering the impact of U.S. Politics and White House policies on companies and markets. Published exclusively on Dow Jones Newswires throughout the day. 0248 ET - Bitcoin recovers slightly after reaching a two-and-a-half-week low on Thursday as risk appetite improves on hopes for diplomatic progress in the Middle East conflict. President Trump said in a Truth Social post that the U.S. won't attack Iran before November's midterm elections, citing "productive" discussions. Oil prices ease, sending the dollar lower and providing some support to bitcoin. Bitcoin rises 0.9% to $82,468 after hitting as low as $80,391 Thursday, LSEG data show. Thursday's declines were in part due to a stronger dollar and rising Treasury yields as oil prices jumped on concerns about an escalation in the Middle East. ([email protected]) 1700 ET - Aritzia's tariff refunds helped 2Q profit surge. During the 2Q ended Aug. 30, 2026, the women's fashion brand recognized just about C$97.4 million in International Emergency Economic Powers Act tariff refunds that were received. The regulatory windfall significantly boosted reported results, lifting gross margins by 840 basis points to 57.1%. The refund also tripled net income to C$201.7 million, or C$1.70 a share. Excluding one-off items, such as the tariff windfall, adjusted net income more than doubled to C$156 million, or C$1.31 a share. ([email protected]) 1555 ET - Crude oil futures settled higher as Hurricane Isaias heads for the U.S. Gulf coast, shutting in production. The market reacts less to proclamations from President Trump regarding the status of negotiations with Iran and a pause on attacks until after the midterm elections on Nov. 3. Even though Trump's comments would suggest that negotiations are progressing, their effect on price movement appears to have weakened. "The market has heard it all before, and the pullback just isn't what it was in the past," says Robert Yawger of Mizuho Securities USA in a note. WTI finished up 3.6% to $91.49 a barrel, and Brent

Dow Jones•2026-10-09 06:48
Citigroup's Transformation Can Lift the Stock by 30%. It's Time to Buy. -- Barrons.com

Citigroup's Transformation Can Lift the Stock by 30%. It's Time to Buy. -- Barrons.com

By Teresa Rivas From housing to gasoline prices, nearly everything that the 2008-09 financial crisis impacted has bounced back and then some. Then there's Citigroup stock. Citi is the last of the major banks trading below its pre-crisis peak, and it does so by a substantial margin. The company certainly needed a major overhaul, so investor skepticism was warranted. It has since emerged better and stronger, with ongoing improvements likely to further bolster its stock price. The transformation in progress, along with new management and a favorable backdrop, suggest more upside for the stock. The shares only need to trade around 13 times 2027's expected earnings per share -- roughly in line with peers -- to cross the $165 mark. That corresponds to a gain of about 30% from current prices. "Citi has been in a multiyear turnaround plan, and [CEO Jane Fraser] has done a terrific job positioning the firm for a more simplified structure, more focused on returns," says Macrae Sykes, a portfolio manager at Gabelli Funds, which owns the shares. "It appears, with the strategy in place, that Citi should continue to build on its improvement in return on tangible common equity." ROTCE, a "truth metric" for banks, has become increasingly important in recent years, as it strips away intangible assets such as goodwill to help investors get a clearer view of a financial institution's profitability after taxes. Citi's ROTCE has been volatile, and below the 10% investors have tended to expect in recent years. However, consensus calls for it to expand from 7.7% in 2025 to 11.4% this year and 12.2% next year -- levels that demonstrate Citi's continued headway and are typically associated with higher stock prices. Very simplistically, "you're buying something that could be as good as JPMorgan at half the price," says Dave Ellison, a portfolio manager at Hennessy Funds, which owns the stock. At ten times next year's expected earnings and priced at just over one times book value and 1.2 times tangible book value, Citi is the cheapest of t

Dow Jones•2026-10-08 12:41
Citigroup Has Trailed Financial Stocks. Expect That to Change. -- Barrons.com

Citigroup Has Trailed Financial Stocks. Expect That to Change. -- Barrons.com

By Teresa Rivas From housing to gasoline prices, nearly everything that the 2008-09 financial crisis impacted has bounced back and then some. Then there's Citigroup stock. Citi is the last of the major banks trading below its pre-crisis peak, and it does so by a substantial margin. The company certainly needed a major overhaul, so investor skepticism was warranted. It has since emerged better and stronger, with ongoing improvements likely to further bolster its stock price. The transformation in progress, along with new management and a favorable backdrop, suggest more upside for the stock. The shares only need to trade around 13 times 2027's expected earnings per share -- roughly in line with peers -- to cross the $165 mark. That corresponds to a gain of about 30% from current prices. "Citi has been in a multiyear turnaround plan, and [CEO Jane Fraser] has done a terrific job positioning the firm for a more simplified structure, more focused on returns," says Macrae Sykes, a portfolio manager at Gabelli Funds, which owns the shares. "It appears, with the strategy in place, that Citi should continue to build on its improvement in return on tangible common equity." ROTCE, a "truth metric" for banks, has become increasingly important in recent years, as it strips away intangible assets such as goodwill to help investors get a clearer view of a financial institution's profitability after taxes. Citi's ROTCE has been volatile, and below the 10% investors have tended to expect in recent years. However, consensus calls for it to expand from 7.7% in 2025 to 11.4% this year and 12.2% next year -- levels that demonstrate Citi's continued headway and are typically associated with higher stock prices. Very simplistically, "you're buying something that could be as good as JPMorgan at half the price," says Dave Ellison, a portfolio manager at Hennessy Funds, which owns the stock. At ten times next year's expected earnings and priced at just over one times book value and 1.2 times tangible book value, Citi is the cheapest of t

Dow Jones•2026-10-08 12:01

New listings on Bitget

New listings

Trending coin prices

More
Assets with the biggest change in unique page views on Bitget.com over the past 24 hours

Where can I buy JPM Coin (JPM)?

Buy crypto on the Bitget app
Sign up within minutes to purchase crypto via credit card or bank transfer.
Download Bitget APP on Google PlayDownload Bitget APP on AppStore
Trade on Bitget
Deposit your cryptocurrencies to Bitget and enjoy high liquidity and low trading fees.

About JPM Coin

Explore the latest JPM Coin news! Stay updated on the latest price movements, market trends, and in-depth JPM analysis.
More more

JPM resources

JPM price calculator

More >
JPM
USD
1 JPM = 0.00 USD
Last updated as of (UTC-0)
Buy/sell JPM now

JPM Coin price prediction

What will the price of JPM be in 2027?

Based on JPM's historical price performance prediction model, the price of JPM is projected to reach $0.00 in 2027.

What will the price of JPM be in 2032?

In 2032, the JPM price is expected to change by -4.00%. By the end of 2032, the JPM price is projected to reach $0.00, with a cumulative ROI of 0.00%.
Buy JPMJPM Coin price prediction