Weekly Report: what happened at IYF last week (0429-0503)?

From Speculation To Revelation: JPMorgan Reportedly Unveils IndexGPT AI Tool

JPMorgan Chase & Co reportedly revealed details of its new thematic indexing tool. IndexGPT is a suite of thematic investment baskets developed using OpenAI's GPT-4 model. The tool uses keywords to identify companies associated with emerging themes. The product taps into the growing interest in AI-driven investment strategies.

Weekly Report: what happened at IYF last week (0422-0426)?

Should You Invest in the Financial Select Sector SPDR ETF (XLF)?

Weekly Report: what happened at IYF last week (0415-0419)?

Jim Cramer Says He Likes Earnings From These Big Banks 'So Much' — Here's Why

Jim Cramer was impressed with the earnings reports of Goldman Sachs Group, Morgan Stanley and Wells Fargo. Cramer premised his picks based on the fee income these banks generated rather than on the net interest income. The Mad Money host was also impressed with Wells Fargo & Co.

Weekly Report: what happened at IYF last week (0408-0412)?

What's Going On With JPMorgan Shares Today?

JPMorgan Chase & Co. Reported first-quarter FY24 revenue of $41.9 billion, up 9% Y/Y. The bank beat the consensus estimate of $42.5 billion. Earnings per share of $4.44 were also higher than expected.

Is the Banking Sector Booming? 5 ETF Picks

Are The Stars Finally Aligned For U.S. Financial Stocks?

After a series of banking failures in early 2023, financial stocks are showing signs of life again. Financial stocks rallied in the last five months, signaling growing investor confidence that a wider systemic meltdown has been averted. First-quarter trends suggest that market returns may be poised to broaden - good news for financials.

Should You Buy Bank ETFs Before Earnings Releases?

Weekly Report: what happened at IYF last week (0401-0405)?

JPMorgan Appoints New Leaders To Steer Global Banking Unit: Report

JPMorgan Chase & Co. Has reportedly reorganized the leadership in its global banking division. The new structure merges the commercial, corporate and investment banking groups. The company has seating new leaders in capital markets and investment banks. The bank's new structure was announced in February this year.

Chase Launches New Media Platform For Direct Consumer Connection: Details

JPMorgan Chase & Co. Launches a new digital media business, Chase Media Solution. Chase Media Solutions will help brands connect directly with the bank's 80 million customers. The new platform will combine the scale of a retail media network with Chase-owned transaction data to help brands target customers.

Should You Invest in the Vanguard Financials ETF (VFH)?

Could 3 Powerful Fund Managers Take Control Of US Banks?

BlackRock, State Street and Vanguard each hold more than 10% of shares at several U.S. Banks. The Federal Deposit Insurance Corp is concerned about their large holdings. The big three fund managers manage more than $23 trillion in assets. BlackRock and Vanguard run funds that passively track the S&P 500.

Should You Invest in the iShares U.S. Financials ETF (IYF)?

Weekly Report: what happened at IYF last week (0325-0329)?

Weekly Report: what happened at IYF last week (0318-0322)?

iShares U.S. Financials ETF declares quarterly distribution of $0.3082

IShares U.S. Financials ETF declares quarterly distribution of $0.3082 Mar. 24, 2024. 30-Day SEC Yield of 1.59% as of Feb. 29. Dividend is due to be paid on Mar. 27; for shareholders of record Mar 22; ex-div Mar 21.