JPMorgan's $18 Billion Tech Budget Draws Comparisons to Nvidia's AI Dominance [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
Check Earnings Report
US:NYSE Investor Relations:
jpmorganchase.com/corporate/investor-relations/investor-relations.htm
Company Research
Source: Yahoo! Finance
firm's heavy investment in artificial intelligence and technology, including a tech budget of $18 billion this year. Warning! GuruFocus has detected 3 Warning Signs with NVDA. JPMorgan Chase keeps increasing its technological reach, which leads a prominent analyst to liken the bank's artificial intelligence approach to Nvidia's ( NVDA Financials ) supremacy in its industry.Citing a Wells Fargo study note, banking analyst Mike Mayo restated his overweight rating on the company and price target of $300 per share; a 26% increase above current levels.Pointing to its $18 billion technology budgetup $1 billion from last year, Mayo called JPMorgan the "Nvidia of banking." Using machine learning to boost staff productivity, maximize branch operations, and assist margin growth, he said the bank leads the financial services sector in AI deployment.Reportedly, the bank has acquired over 7,000 technological experts in the last year as it keeps giving digital transformation first priority. Wel
Show less
Read more
Impact Snapshot
Event Time:
JPM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JPM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JPM alerts
High impacting JP Morgan Chase & Co. news events
Weekly update
A roundup of the hottest topics
JPM
News
- How Recent Analyst Upgrades Are Shaping National Bank of Greece Valuation Story [Yahoo! Finance]Yahoo! Finance
- Is JPMorgan Chase (JPM) Still Undervalued After Its Strong 31% Year-to-Date Rally? [Yahoo! Finance]Yahoo! Finance
- Coherent (COHR) Stock Trades Up, Here Is Why [Yahoo! Finance]Yahoo! Finance
- How Recent Moves Are Rewriting the Growth Story for Wolters Kluwer [Yahoo! Finance]Yahoo! Finance
- Can the S&P 500 Get to 8000? These Experts Say Yes—But It'll Take Big Rate Cuts [Yahoo! Finance]Yahoo! Finance
JPM
Earnings
- 10/14/25 - Beat
JPM
Sec Filings
- 12/18/25 - Form 424B2
- 12/18/25 - Form 424B2
- 12/18/25 - Form 424B2
- JPM's page on the SEC website