Read more
6:18 PM · 23 May 2022

JPMorgan stock surges as bank expects higher interest income

JPMorgan Chase & Co (JPM.US) shares jumped more than 7.0% on Monday after one of the major investment banks lifted its financial guidance for net interest income and said that a 17% return on tangible common equity “remains our target and may be achieved in 2022”. It is a huge change of rhetoric compared to earlier this year, when CFO Jeremy Barnum warned that headwinds, including rising costs, would cause the company to miss its target for the next one to two years.

JPMorgan Chase & Co (JPM.US) stock bounced off the local support at $115.00 last week and broke above the lower limit of the descending channel during today's session. If current sentiment prevails, upward movement may accelerate towards resistance at $136.20 which coincides with 38.2% Fibonacci retracement of the upward wave launched in March 2020. Source: xStation5

17 April 2026, 2:39 PM

Rallies in European airline valuations

17 April 2026, 2:34 PM

US OPEN: The Strait of Hormuz is fully open 💥Euphoria in the markets 🚀

17 April 2026, 11:09 AM

Market wrap: Peace rumours and disapointing earnings

17 April 2026, 6:55 AM

Morning Wrap: Trump Announces Ceasefire Between Israel and Lebanon

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits