5 Things to Know Before the Stock Market Opens : JPM Stock
JPMorgan Chase ( JPM ) shares are rising in premarket trading after its results beat estimates; investors are watching wholesale inflation numbers following yesterday's CPI report; Tesla ( TSLA ) shares are sinking after unveiling its "Cybercab"; Warren Buffett's Berkshire Hathaway ( BRK.A ) reduces its stake in Bank of America ( BAC ) to below 10%; and shares of Advanced Micro Devices ( AMD ) are rebounding slightly after falling yesterday following an artificial intelligence (AI) event. Here's what investors need to know today. 1. JPMorgan Shares Move Higher on Revenue, Earnings Beat Shares of JPMorgan Chase ( JPM ) are rising about 1.5% in premarket trading after the world's largest bank by market cap reported earnings per share (EPS) of $4.37 on revenue of $42.65 billion, above consensus estimates of analysts compiled by Visible Alpha of $3.97 and $40.85 billion, respectively. 1 JPMorgan shares have gained more t...