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JPMorgan Chase & Co. - $JPM STOCK NEWS

Welcome to our dedicated page for JPMorgan Chase & Co. news (Ticker: $JPM), a resource for investors and traders seeking the latest updates and insights on JPMorgan Chase & Co. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect JPMorgan Chase & Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of JPMorgan Chase & Co.'s position in the market.

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JPMorgan Chase Financial Company announced the quarterly coupon for the Alerian MLP Index ETN (AMJB), due January 28, 2044. The coupon amount is $0.4535 per note, with a current yield of 6.3%. Key dates include the declaration date on May 22, 2024, the ex-date and record date on May 29, 2024, and the payment date on June 6, 2024. These notes are senior, unsecured obligations guaranteed by JPMorgan Chase & Co.

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J.P. Morgan presents its 25th annual Summer Reading List, marking the 225th anniversary of its earliest predecessor, the Manhattan Company. This year's list features a variety of books by notable authors, covering topics ranging from effective communication and mental health to the impact of AI on education and the history of whiskey. Highlights include 'Supercommunicators' by Charles Duhigg, 'The Anxious Generation' by Jonathan Haidt, and 'The Formula' by Joshua Robinson and Jonathan Clegg. Additionally, the Anniversary Spotlight features 'The Worth of Water' by Gary White and Matt Damon, focusing on their mission to combat the global water crisis. The list aims to inspire and educate readers through a diverse collection of works that reflect current global issues and innovative thinking.

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JPMorgan Chase has declared a quarterly dividend for its common stock shareholders. The financial giant, holding $4.1 trillion in assets and $337 billion in stockholders' equity as of March 31, 2024, continues to lead in various sectors like investment banking, consumer and small business financial services, commercial banking, and asset management. The firm serves millions of customers in the U.S. and globally under the J.P. Morgan and Chase brands. For further details, visit the investor relations section on the company's official website.

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J.P. Morgan Asset Management announced the launch of the JPMorgan Active Developing Markets Equity ETF (JADE) on NYSE Arca. This actively managed ETF focuses on emerging markets equities, aiming for long-term capital appreciation through a fundamental, bottom-up stock selection process. Managed by Leon Eidelman and Omar Negyal, JADE leverages over 50 years of combined expertise and is benchmarked to the MSCI Emerging Markets Index. The ETF is priced at 65 basis points and seeks to offer diversified exposure to both growth and value stocks. J.P. Morgan Asset Management, a top ten U.S. ETF issuer with $3.2 trillion in AUM, underscores the attractiveness of emerging market valuations.

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J.P. Morgan Life Sciences Private Capital, Blue Horizon Advisors, and United Al Saqer Group announced Rayees Rahman of Harmonic Discovery as the winner of the inaugural Life Sciences Innovation Summit held on May 14-15, 2024, at Cleveland Clinic Abu Dhabi.

Harmonic Discovery, specializing in precision pharmacology, was recognized for its generative chemistry platform for advancing next-generation kinase inhibitors.

Chun-Hao Huang of Algen Biotechnologies received an honorable mention for their CRISPR and AI-driven treatments.

The Summit featured speeches from renowned experts, networking opportunities, and showcased 11 innovative finalists. All finalists were awarded complimentary business licenses from Masdar City Free Zone, supporting their establishment in Abu Dhabi.

Sponsors included J.P. Morgan Life Sciences, Blue Horizon Advisors, and others, aiming to foster biotech innovation in the region.

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JPMorgan Chase, a leading financial services firm, will present at the Morgan Stanley U.S. Financials, Payments and CRE Conference on June 12, 2024, at 4:00 p.m. Eastern. Co-CEO Troy Rohrbaugh will represent the firm. This event will take place at the InterContinental Barclay Hotel in New York City, with a live audio webcast available for public access. As of March 31, 2024, JPMorgan Chase reported $4.1 trillion in assets and $337 billion in stockholders' equity. The firm is a global leader in investment banking, financial services, commercial banking, transaction processing, and asset management, serving a wide array of clients globally.

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J.P. Morgan Real Estate Income Trust (JPMREIT) has acquired a 95% interest in Shops at Grand Avenue, a 99,837-square-foot, fully-leased, Class A grocery-anchored shopping center in Maspeth, Queens, NY. The acquisition, valued at $48 million, is part of a strategic joint venture with Acadia Realty Trust (NYSE: AKR). This deal boosts JPMREIT's portfolio to over $400 million and marks its first last-mile retail investment. The center, anchored by Stop & Shop, is situated in a dense residential area with nearly one million people within a three-mile radius. Doug Schwartz, Co-President of JPMREIT, emphasizes the investment's alignment with their 'New Economy' strategy, focusing on consumer proximity in densely populated areas.

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Chase Home Lending has increased its Closing Guarantee for homebuyers from $5,000 to $20,000, addressing the housing affordability crisis characterized by high interest rates, home prices, and low supply.

Additionally, Chase offers low down payment options as low as 3% and flexible credit guidelines to broaden homeownership opportunities. Since 2020, Chase has provided over $96 million in Homebuyer Grant funds to more than 29,000 customers. In 2023, it connected buyers with approximately $15.8 million in state and local homebuyer assistance programs.

Chase’s educational resources include a Homebuyer Education Center and the award-winning podcast Beginner to Buyer, which provides insights into the homebuying process. The Chase Closing Guarantee ensures on-time closing within three weeks, or buyers receive $20,000 if eligible.

This offer is available until July 27, 2024.

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The Women Presidents Organization (WPO) has announced the 2024 50 Fastest Growing Women-Owned/Led Companies, sponsored by JPMorgan Chase. Leading this year's list are businesses in the health and wellness industries, including Kindbody, Cymbiotika, and Strategic Logistics Defense Services. These companies, among others on the list, excel in sectors such as fertility care, health supplements, and government procurement consulting.

The honorees collectively generated $7 billion in revenue and employed over 18,000 people in 2023. The businesses are primarily privately held, woman-owned or -led, with a minimum of $500,000 in annual revenue over the past five years. Notably, the majority operate globally and engage with Fortune 1000 companies.

The WPO Entrepreneurial Excellence Forum, recognizing these companies, will be held from May 15-17, 2024, in Colorado Springs, CO. The forum will celebrate their impressive growth, geographic reach, and performance, which are driven by a focus on innovation and talent development.

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JPMorgan Chase has announced an additional £40 million investment over five years to promote sustainable economic growth in the UK, increasing its total commitment since 2019 to £90 million. This investment focuses on improving access to job opportunities and financial health for underserved communities.

Specifically, £24 million will support skills-based hiring and career development in technology and operations roles, while £16 million will fund financial management tools and support for low-income groups. This initiative builds on JPMorgan's historical presence and aims to strengthen the UK's small business ecosystem alongside the government and industry leaders.

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JPMorgan Chase & Co.

NYSE:JPM

JPM Rankings

JPM Stock Data

572.90B
2.86B
0.46%
73.44%
0.76%
Commercial Banking
Finance and Insurance
Link
United States of America
NEW YORK

About JPM

JPMorgan Chase & Co. is an American multinational financial services firm headquartered in New York City and incorporated in Delaware. It is the largest bank in the United States and the worlds largest bank by market capitalization.