Billionaire Warren Buffett Dumps $10,500,000,000 in Berkshire’s Bank of America Stake After Slashing JPMorgan Chase, Wells Fargo Investments To Zero: Report

October 24, 2024 The Daily Hodl

Billionaire Warren Buffett Dumps ,500,000,000 in Berkshire’s Bank of America Stake After Slashing JPMorgan Chase, Wells Fargo Investments To Zero: Report

Warren Buffett has now sold a staggering $10.5 billion of Berkshire Hathaway’s stake in Bank of America in a matter of months. New filings with the U.S. Securities and Exchange Commission shows the firm just sold an additional 8.54 million shares in September and October, worth $337.86 million. The move follows Berkshire’s complete exit from […]

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Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

JPMorgan’s Bold Call: Why Carry Trades May Be Facing Their Final Days

October 21, 2024 Bitcoin.com

bitcoin.com

A new JPMorgan report warns that carry trades are losing effectiveness as global interest rates decline, urging investors to be more selective with currency risks. The Japanese yen has lost appeal after unexpected rate hikes, while the Swiss franc carries potential bullish risks. JPMorgan suggests rethinking strategies as carry trade returns are expected to diminish […]

Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

JPMorgan Chase Refuses To Reimburse Customer After Bank’s Employee Steals $30,000 From Account: Report

October 19, 2024 The Daily Hodl

bank

JPMorgan Chase refused to reimburse a customer for more than a year after the bank’s own employee drained $30,000 from the account, according to a new report. Criminal warrants show former Chase employee Robert Murphy allegedly initiated a massive, fraudulent wire transfer, reports the ABC-affiliated news station WSB-TV. Murphy, who was an investment advisor at […]

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Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

JPMorgan Chase, Bank of America, Wells Fargo and Citi Lose $6,900,000,000 From Sour Loans As Analyst Warns Notorious Debt Bubble Is Popping

October 19, 2024 The Daily Hodl

Bank of America

JPMorgan Chase, Wells Fargo, Bank of America and Citi are unloading billions of dollars in bad debt that they’ve given up on recovering. New earnings data shows the four largest banks in the country collectively recorded $6.9 billion in net charge-offs in Q3 of this year, primarily driven by credit card delinquencies and soured consumer […]

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Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

JPMorgan: We Are Bullish on Digital Assets Into 2025

October 18, 2024 Bitcoin.com

Bitcoin

Global investment bank JPMorgan is bullish on cryptocurrency into 2025, driven by regulatory shifts and geopolitical tensions. Analysts suggest a Donald Trump re-election as the U.S. president could propel BTC higher, reinforcing the “debasement trade” as investors seek refuge in digital assets. With major liquidations behind and institutional support increasing, JPMorgan sees strong momentum for […]

Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

JPMorgan Chase, Bank of America Forecast New Rate Cut in November As Fed President Says Soft Landing Likely: Report

October 16, 2024 The Daily Hodl

Bank of America

Two of the largest banks in the US believe another rate cut from the Federal Reserve is incoming. The Fed started its rate-cutting cycle last month, announcing a 50 bps reduction in interest rates amid concerns about the health of the US economy. Now, analysts at JPMorgan Chase and Bank of America (BofA) think the […]

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Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

$6,470,000,000,000 Crammed Into Money Market Funds As JPMorgan Chase Issues Rate Cut Warning

October 13, 2024 The Daily Hodl

bank

Investors have now deposited a record $6.47 trillion into money market funds, according to a new report. In the last week alone $11 billion has entered the funds, reports Bloomberg, citing data from the Investment Company Institute. Investors flocked to money market funds as the Federal Reserve raised interest rates to get higher yields on […]

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Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

$49,999,999,697 Abruptly Exits Chase Bank Account in Massive Withdrawal After Customer Has ‘Crazy Night Out’: Report

October 12, 2024 The Daily Hodl

Account

A JPMorgan Chase customer says she was shocked to see her account abruptly wiped out and placed nearly $50 billion in the negative. Gabe Flores went viral after sharing the story of his friend Maddie, who logged into Chase after a crazy night out and noticed her $76 savings balance had plunged into extremely deep […]

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Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

JPMorgan Chase, Wells Fargo Shares Surge As US Banks Beat Wall Street Expectations

October 11, 2024 The Daily Hodl

bank

JPMorgan Chase shares are up nearly 5% after the banking giant posted surprising strong Q3 earnings results. Chase reported a 3% increase in net interest income (NII), beating expectations for a decline. NII is the difference between revenue generated from a bank’s interest-bearing assets and its expenses for paying out interest-bearing liabilities. JPMorgan’s earnings per […]

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Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

US Banks Under Pressure As JPMorgan Chase, Bank of America, Wells Fargo, Goldman Sachs and Citi Battle Shrinking Margins: Report

October 9, 2024 The Daily Hodl

bank

The biggest banks in the US are preparing to report a third quarter marked by shrinking margins and declining profits, according to a new report. JPMorgan Chase and Wells Fargo release their Q3 earnings on Friday. JPMorgan is expected to reveal a nearly 8% drop in earnings per share while Wells Fargo will likely report […]

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