Stocks making the biggest moves before the bell: JPMorgan, BlackRock, Globe Life and more

Check out the companies making headlines in premarket trading. JPMorgan — The bank slipped 2.4% despite beating expectations on both lines and reporting lower credit costs than anticipated. However, the bank said net interest income, a key measure of what it makes through lending activities, could be somewhat short of what Wall Street analysts are expecting in 2024. CEO Jamie Dimon also warned about persistent inflationary pressures weighing on the economy.

Thursday's sell off followed a report from short-seller Fuzzy Panda Research , in which the firm alleged multiple occurrences of insurance fraud and said it took a short position in the stock. Paramount — Shares slipped around 1% after the media company proposed having seven directors , a decrease from 11. That comes amid reports that Paramount is in merger talks with Skydance.

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks Tied to Artificial Intelligence Trading at a Premium, Says JPMorganJPMorgan analyst Samik Chatterjee notes that stocks tied to the artificial intelligence frenzy are trading at a premium compared to their historical trading average. Despite this, the stocks are still attractive and have been propelled to new heights by the AI trend. The underperformance of Tesla and Apple suggests that companies will need to prove they have a fundamental AI story rather than just riding the wave of Big Tech names.
Source: CNBC - 🏆 12. / 72 Read more »

Blackrock says bitcoin will be a good portfolio diversifier despite its recent rally with stocksRobert Mitchnick, BlackRock's digital assets lead, discusses what bitcoin correlations and risk mean for investors' portfolio construction.
Source: CNBC - 🏆 12. / 72 Read more »