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JPMorgan CFO Jeremy Barnum said deal postponements were more likely than cancellations, despite slower investment-banking activity in late September. The bank also reported adjusted earnings of $5.75 per share, below the $5.90 analyst consensus.
JPMorgan’s CFO said the bank’s modest exposure to AI would not make it immune to a major change in sentiment toward the sector.
JPMorgan's CFO described the bank's AI exposure as “quite modest” relative to its overall wholesale exposure.
examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks finished the week on a strong note, with the Dow Jones Industrial Average climbing to fresh record highs as investors rotated into industrials and other value-oriented sectors. The S&P 5