Jamie Dimon highlights Iran War, private credit, and AI-driven job losses as major US risks in his annual letter
JPMorgan Chase (JPM) CEO Jamie Dimon says a resilient US economy is still threatened by the Iran war, a looming credit cycle, ongoing trade negotiations, and other uncertainties.
“While the economy may be less fragile than in the past, this alone does not mean there is no ‘tipping point’ — it just may mean it could take more straws on the camel’s back to get there,” he said in a 48-page shareholder letter published on Monday.
The new investing edge might be hiding in firms' own data
For years, sophisticated asset managers gained an edge thanks to unique intel that didn’t come from traditional market sources like stock exchanges. Now, the advantage is inside their own firms.
Hedge funds and others were better able to predict quarterly earnings and commodity prices thanks to so-called alternative data from aggregated credit-card receipts,
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Read MoreA CIO who helps oversees $1 trillion explains why he's buying back into tech — and shares the areas he's avoiding
As the Iran war and spiking oil prices push energy stocks to market-beating performance, one investment chief is opting to focus on an old favorite.
David Bianco, Americas CIO at DWS Asset Management,
Read MoreWhy IonQ Stock Plummeted 24.9% in March
The new year hasn’t been very kind to IonQ (IONQ +5.52%) stock. After dipping nearly 11% and 4% in January and February, respectively, shares of the quantum computing powerhouse tumbled even more last month. According to data provided by S&P Global Market Intelligence,
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Read MoreJPMorgan Is Still Betting That Tesla Stock Will Plunge 60% from Here
Although electric-vehicle (EV) stocks have cooled from their late-2023 highs, Tesla (TSLA) has been under particular pressure the most. After years of rapid growth, Tesla’s core auto business is bumping into stiff headwinds. Global EV sales are slowing, subsidies have faded, and competition is fiercer. For example, Tesla lost its EV sales crown last year to China’s BYD (BYDDY).
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Read MoreThe Burst
Why Is This Buffett Stock At All-Time Highs?
If the idea of brand could be connected to just one company, Coca Cola might well be it. One of the primary drivers behind Coca-Cola’s all-time high is its unparalleled brand loyalty. Coca-Cola has built a global brand that resonates with consumers across generations and that strong brand image has translated into steady sales and revenue growth.
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Read MoreThe Ivy
Is Tesla Breaking Out?
When CEO Elon Musk reported Tesla’s latest earnings results this week, few were excited by the numbers.
In fact, the share price immediately fell off a cliff in after-hours trading to $356 per share but within minutes a sharp bounce back occurred and, in the virtual blink of an eye, the share price was back over $400 per share.
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Read MoreThe Spotlight
10,000 Calls Bought on This Stock, What Do Insiders Know?
Investors will almost never have as good a pulse on the future prospects of a company as insiders will. There’s naturally an information asymmetry that comes along with weekly meetings, and proximity to management.
The water cooler chatter is a real phenomenon that acts as a communication channel spreading information around a company.
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