JPMorgan Whipsaws as Earnings Miss and NII Outlook Draw Investor Focus
JPMorgan reported Q3 adjusted EPS of $5.75 versus $5.94 consensus and revenue of $50.17 billion versus $51.22 billion. Its Q4 net interest income outlook was $28.0 billion versus $27.42 billion consensus; the article describes a sharp stock drop followed by a recovery.
’s earnings, with the chart showing momentum-driven buying based on optimism. The stock fell sharply after the report, which came in below consensus; whisper numbers had been running ahead of consensus estimates. S. bank, to illustrate the broader picture rather than discuss the stock individually.
94 consensus. 22B consensus. The chart shows the stock reversing as investors focused on net interest income (NII) guidance. 42B consensus.
For FY27, the bank sees NII of $107B, approximately 10% growth, versus 2026. The VUD indicator is described as the most sensitive real-time measure of net supply and demand. Orange represents net supply, while green represents net demand. The chart’s VUD indicator is orange, signaling net supply of The sharp drop in JPMorgan stock followed by a recovery highlights investors’ jitters.
14. We have written for months about the competitive threat China poses to the semiconductor memory industry. Yesterday morning, we highlighted a Chinese memory maker’s latest progress in developing denser memory using new technology. , informed investors reduced their Micron Technology Inc (MU) holdings in response, while momentum traders bought MU stock despite the news.
Investors in South Korea were watching the Chinese development. 46%. 1%. Investors should pay close attention to remarks by Broadcom Inc (AVGO) CEO Hock Tan at a conference in Singapore.
Tan warned that many AI investors—the “momo crowd”—“have no clue what they are investing in” and have Tan described expectations as “very extreme” and likened investor behavior to gambling in a casino. He also questioned whether corporate AI spending is delivering returns, noting that many companies are testing AI without achieving meaningful productivity gains. While acknowledging that OpenAI and Anthropic generate substantial revenue, he said their heavy training costs leave their long-term profitability uncertain. Tan sees capital, rather than chips or memory, as the biggest constraint on AI growth.
Given that he leads a major beneficiary of the AI boom, these remarks warrant attention. The Consumer Price Index (CPI) is due tomorrow at 8:30am ET, followed by the Producer Price Index (PPI) Thursday at 8:30am ET. Most portfolios are now heavily concentrated in the Magnificent Seven, or Mag 7, stocks, making daily early money flows in those shares important to monitor. com, Inc.
(AMZN). In early trading, Money flows are negative in Meta Platforms Inc (META), NVIDIA Corp (NVDA) and Tesla Inc (TSLA). In early trading, flows are mixed in SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ Trust Series 1 (QQQ). Bitcoin (BTC) is trading within a range.
The report advises considering continued holdings in existing positions with a very long-term outlook, and adding tactical positions based on signals. The Arora Report says it called the rally from recent stock market lows and the 2026 semiconductor decline ahead of a 25% drop in the Semiconductor ETF (SMH). It also says it bought gold at an average price near $1105, close to cycle lows, and took partial profits near $5400, close to cycle highs. This article is from an unpaid external contributor.
It does not represent ’s reporting and has not been edited for content or accuracy.