IYG

JPMorgan Unveils In-House Chatbot To Enhance Research Capabilities: Report

JPMorgan Chase & Co. Has reportedly started deploying its AI tool. The bank has provided its employees with access to a large language model named LLM Suite. Executives say the tool can perform tasks of a research analyst. About 50,000 employees now have access to the tool.

Sector rankings to consider with a market rotation underway

Financials Tech Energy Consumer Sector rankings to consider with a market rotation underway. A stock market rotation has been seen in recent weeks. Seeking Alpha polled 1,000 subscribers on the strongest and weakest sectors of the market in July. The graphic below reflects the dominant responses for each sector.

Visa Warns Cybercrime Could Rival World's Top Economies by 2025 - Reportedly Defends Against $40B In Fraud

Visa Inc. Thwarted 80 million fraudulent transactions totaling $40 billion globally last year. By 2025, cybercrime’s projected $10.5 trillion cost would surpass the GDP of all but two nations. This trend reflects the increasing sophistication of scams and scams.

Weekly Report: what happened at IYG last week (0715-0719)?

What You Need to Know About Bank ETFs In Light of Q2 Earnings

Wells Fargo is bullish on the banking sector and upgrades the segment to outperform

Wells Fargo's equity research team upgraded its rating on U.S. Banks to outperform. Wells Fargo is bullish on the banking sector and upgrades the segment to outperforms. The financial institution noted that banks are trading at a significant discount and in oversold conditions.

Weekly Report: what happened at IYG last week (0708-0712)?

JP Morgan Chase Q2 Earnings: Investment Banking Revenues Up 46%, CEO Jamie Dimon's Cautious Comment And More

JPMorgan Chase & Co. Reported second-quarter FY24 revenue rose 22% Y/Y to $50.2 billion. The company beat the consensus estimate of $42.3 billion in the quarter. JPMorgan Chase shares are trading lower after the company's results.