Tag: JP Morgan

AI

JPMorgan – 30 AI linked stocks generated $5tn in wealth

Colin Henderson

JPMorgan Chase & Co. analysts revealed that 30 artificial intelligence-linked stocks generated approximately $5 trillion in wealth gains for US households over the past year, with these companies now representing about 44% of the S&P 500’s total market value.• The wealth surge is driven by technology giants including Nvidia , Microsoft , Apple , Amazon , Alphabet, and Meta Platforms, with nearly half operating in semiconductor and hardware sectors.• The $5 trillion wealth increase translates into an estimated $180 billion boost to annual consumer spending, equivalent to 0.9% of total consumption, according to economists Abiel Reinhart and Michael Feroli.• JPMorgan’s … Continue reading JPMorgan – 30 AI linked stocks generated $5tn in wealth

Uncategorized

The Good, the Bad and the Ugly | which is your bank?

Colin Henderson

In this video commentary on the US Banks results they note that while large profits are announced, any parts of the business related to the US consumer consumer is flat. This includes all retail banking and credit cards. The only bright spots are the fee based revenue from the investment banking units, hence JP Morgan and Goldman Sachs results, although poor old Citi did not even make it there. One quarter does not make or break anything in banking in and of itself. However the predictions of Roubini and Baker linked below are playing out as expected, so which banks … Continue reading The Good, the Bad and the Ugly | which is your bank?