JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. The CIB segment provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt market capital-raising services, as well as loan origination and syndication; payments; and cash and derivative instruments, risk management solutions, prime brokerage, and research. This segment also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The CB segment provides financial solutions, including lending, payments, investment banking, and asset management to small and midsized companies, local governments, nonprofit clients, and large corporations, as well as investors, developers, and owners of multifamily, office, retail, industrial, and affordable housing properties. The AWM segment offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; and retirement products and services, brokerage, custody, estate planning, lending, deposits, and investment management products to high net worth clients. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.

JP Morgan Chase & Co.

JPMorgan Chase & Co. (JPM) closed at $297.85 in the latest trading session, marking a +1.69% move from the prior day. This change outpaced the S&P 500's 0.27% gain on the day. Meanwhile, the Dow experienced a rise of 0.43%, and the technology-dominated Nasdaq saw an increase of 0.37%.
Prior to today's trading, shares of the company had gained 1.16% lagged the Finance sector's gain of 2.38% and the S&P 500's gain of 1.85%.
The investment community will be closely monitoring the performance of JPMorgan Chase & Co. in its forthcoming earnings report. The company is scheduled to release its earnings on October 14, 2025. The company is predicted to post an EPS of $4.69, indicating a 7.32% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $43.91 billion, showing a 2.95% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $19.58 per share and revenue of $177.19 billion, indicating changes of -0.86% and -0.21%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for JPMorgan Chase & Co. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. JPMorgan Chase & Co. presently features a Zacks Rank of #3 (Hold).
In the context of valuation, JPMorgan Chase & Co. is at present trading with a Forward P/E ratio of 14.96. Its industry sports an average Forward P/E of 16.26, so one might conclude that JPMorgan Chase & Co. is trading at a discount comparatively.
It is also worth noting that JPM currently has a PEG ratio of 1.92. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. JPM's industry had an average PEG ratio of 1.58 as of yesterday's close.
The Financial - Investment Bank industry is part of the Finance sector. With its current Zacks Industry Rank of 16, this industry ranks in the top 7% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

JPMorgan Chase & Co. (JPM) Rises Higher Than Market: Key Facts

Six of the largest banks, including JPMorgan JPM, Citigroup C, Wells Fargo WFC, Morgan Stanley MS, Bank of America and Goldman Sachs, have been instructed by U.S. Senators Elizabeth Warren and Bernie Sanders to focus more on boosting lending activities rather than raising dividends and share buybacks.
Per a Reuters report, the senators sent joint letters to the CEOs of these banks because they were of the opinion that, in the name of easing regulations, these banks have been making wealthy shareholders richer and raising executive compensation at the cost of financial stability and economic growth.
The senators said that while these banks lobby for deregulation in Washington under the banner of boosting lending and economic growth, their actual behavior prioritizes shareholder returns, rather than significantly increasing loans.
While JPM, Citigroup, Wells Fargo and Morgan Stanley declined to comment, BofA and Goldman Sachs did not immediately respond to requests for comment.
Recent Capital Actions by Major Banks
After clearing the Federal Reserve's annual stress test this year, which reflected that lenders had enough capital to withstand scenarios such as a severe economic downturn, banks announced plans to raise their third-quarter dividends.
JPMorgan approved a $50-billion share repurchase program and hiked its quarterly dividend to $1.50 per share. Goldman Sachs raised its dividend 33.3% to $4 per share and Citigroup hiked its dividend 7.1% to 60 cents.
Likewise, Morgan Stanley announced an 8% hike in dividend to $1.00 per share and reauthorized a multi-year share repurchase program of up to $20 billion. Wells Fargo raised its third-quarter stock dividend 12.5% to 45 cents per share.
Warren & Sanders Push to Keep Banks Strong
The senators’ recent actions come as they seek to preserve and strengthen post-2008 banking safeguards. They have been opposing Wall Street’s push to roll back capital requirements and annual stress testing rules, which were put in place after the global financial crisis.
The senators argue that loosening capital and liquidity standards would weaken the financial system and increase the risk of another crisis. They urge regulators to maintain rigorous oversight, require greater transparency on bank practices such as overdraft fees, and redirect bank profits toward responsible lending rather than shareholder payouts.
They emphasize that higher capital requirements and stress tests are not burdens but essential tools for economic stability because they believe that renewed deregulatory efforts, particularly under a second Trump administration, can leave the economy more vulnerable in the next downturn.
Notably, the Fed has recently finalized new capital rules for the largest banks, reinforcing resilience against future crises, an outcome that aligns with the senators’ push for stricter safeguards.
How Will Increased Lending Affect Banks’ Profitability?
In the short term, if economic conditions are robust, higher lending generally lifts bank’s profits as net interest income (NII) increases. Increased lending leads to a rise in the total interest collected, aiding bank profits, especially when interest rates allow for a healthy margin.
However, in the long run, if banks are obliged to lend to riskier clients or during economic downturns, loan losses may eventually erode profits. Loan loss provisions and non-performing assets typically rise with aggressive lending, diminishing returns over time.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

JPM, C & Others Face Pressure to Lend More Than Reward Shareholders

Key Points
A Fed rate cut could lead to more interest in cryptocurrencies, XRP included.
The SEC is planning to decide on XRP ETFs in October.
Ripple, the company behind XRP, has partnered with more than 300 financial institutions that use its payment network.
Once the hottest cryptocurrency in the world, XRP (CRYPTO: XRP) has seen its momentum grind to a halt. Its price dropped about 7% last month, and it has been below $3 for more than a week. XRP isn't in dire straits, but investors are wondering whether to stick around or start selling.
Even though XRP has been up and down recently, it could close out the year well, and it still has plenty of long-term growth potential. Here's a look at possible growth catalysts during the rest of 2025 and what makes it a compelling crypto investment.
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Lower rates could drive more money to crypto
The Federal Reserve is meeting three more times this year, on Sept. 16-17, Oct. 28-29, and Dec. 9-10. There's a high probability of a rate cut at the September meeting, and we may see multiple rate cuts by the end of the year.
Lower interest rates tend to be beneficial for cryptocurrencies and other higher risk assets. When rates are high, U.S. Treasuries and other safe assets are more popular, since they offer a reasonable and nearly risk-free return. As rates drop and those returns get smaller, safe assets are a less attractive investment.
There are a few caveats here. There's still a chance, albeit a small one, that the Fed holds interest rates where they are. If it cuts rates, that's not guaranteed to raise cryptocurrency prices. And even if it does, it would be for many cryptocurrencies, not just XRP.
Still, the most likely scenario is that interest rates come down. As one of the most popular cryptocurrencies, XRP would be well positioned to benefit from that news.
An XRP ETF decision in October
The Securities and Exchange Commission (SEC) approved the first spot crypto exchange-traded funds (ETFs) for Bitcoin and Ethereum last year. It's currently reviewing applications for XRP ETFs and plans to rule on those in October. Polymarket has the approval odds this year at 95% (as of Sept. 5).
ETF approval is the biggest reason I think XRP will do well in the coming months. If those funds get SEC approval, they will need to start buying XRP to support their ETFs. In addition, ETF approval would likely attract more retail investors, particularly those who see it as a sign of the cryptocurrency's legitimacy.
JPMorgan Chase has estimated that XRP ETFs could see inflows of $4 billion to $8 billion within the first year. But it made this projection at the start of 2025 based on the performance of Bitcoin and Ethereum ETFs. Ethereum ETF inflows picked up significantly during the last two months, to $5.4 billion in July and $3.9 billion in August, so JPMorgan's estimate could end up being on the low side. Canary Capital Chief Executive Officer Steve McClurg thinks that XRP ETF inflows may reach $5 billion -- within the first month.
XRP's success depends on Ripple
Rate cuts and ETF approval are potential short- and medium-term growth catalysts for XRP. Long-term growth is tied to Ripple's payments network and XRP's role in it.
Ripple developed XRP and its blockchain, the XRP Ledger (XRPL), to make cross-border payments more affordable and faster. Its payments network, RippleNet, is built on XRPL and uses blockchain technology to settle transactions in three to five seconds. This is a huge improvement for international payments, which can take several business days to complete with the widely used SWIFT system.
More than 11,500 financial institutions use SWIFT, compared to more than 300 that use RippleNet. And many of the banks that use RippleNet do so without using XRP, which serves as a bridge currency when needed and also to pay transaction fees on the XRPL.
Those numbers don't look great for Ripple, but in fairness, financial companies wouldn't change their payment systems overnight. To Ripple's credit, it has partnerships with several big banks, including Bank of America, American Express, and Banco Santander. Although it's still in the early stages, it has clearly drawn interest from financial institutions. If it's able to keep expanding its partnerships during the next few years, XRP will likely continue to be one of the most successful cryptocurrencies.
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Bank of America is an advertising partner of Motley Fool Money. American Express is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. Lyle Daly has positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, JPMorgan Chase, and XRP. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Here's Why XRP Could Be About to Soar

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Financial Select Sector SPDR Fund (Symbol: XLF) where we have detected an approximate $663.4 million dollar inflow -- that's a 1.2% increase week over week in outstanding units (from 1,002,045,427 to 1,014,545,427). Among the largest underlying components of XLF, in trading today Berkshire Hathaway Inc New (Symbol: BRK.B) is down about 0.6%, JPMorgan Chase & Co (Symbol: JPM) is trading flat, and Visa Inc (Symbol: V) is up by about 0.1%. For a complete list of holdings, visit the XLF Holdings page » The chart below shows the one year price performance of XLF, versus its 200 day moving average:
Looking at the chart above, XLF's low point in its 52 week range is $42.21 per share, with $54.25 as the 52 week high point — that compares with a last trade of $52.86. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
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Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Also see:
UNM Dividend Growth Rate
Institutional Holders of GLXY
NTES Average Annual Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

XLF, BRK.B, JPM, V: ETF Inflow Alert

For Immediate Release
Chicago, IL – September 8, 2025 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Goldman Sachs GS, T. Rowe Price TROW, BlackRock Inc. BLK and JPMorgan JPM.
Here are highlights from Friday’s Analyst Blog:
Private Markets Push: How Goldman Can Profit from T. Rowe Price Tie-Up
Goldman Sachs has partnered with T. Rowe Price to offer a diversified suite of public and private market solutions tailored for retirement and wealth investors. As part of the collaboration, Goldman will invest roughly $1 billion in T. Rowe Price, acquiring a stake of about 3.5%.
The alliance will focus on expanding private market access for individuals, advisors and plan sponsors, offering Target-Date Strategies (mid-2026), model portfolios, multi-asset offerings, personalized advice and advisor-managed accounts. It will also give Goldman Sachs access to T. Rowe Price's retirement-focused clients, combining stable income with growth potential.
David Solomon, chairman and CEO of Goldman, stated, "With Goldman Sachs' decades of leadership innovating across public and private markets and T. Rowe Price's expertise in active investing, clients can invest confidently in the new opportunities for retirement savings and wealth creation."
This partnership between GS and TROW follows an executive order signed last month, aimed at expanding access to alternative assets for 401(k) participants, paving the way for broader participation in private market investments and enhanced retirement diversification.
This allows GS and TROW to leverage their expertise in private markets, grow assets under management, strengthen their position in the growing retirement solutions market and generate higher fee income through an expanded client base.
Private Market Ventures by Other Major Finance Firms
Other major financial firms such as BlackRock Inc. and JPMorgan have been enhancing their private markets capabilities to capitalize on rising demand and attract new clients.
Over the past year, BlackRock has invested more than $28 billion to strengthen its position in the high-growth private markets space. Further, BlackRock is targeting $400 billion in private markets fundraising by 2030, with an aim to double its operating income and market capitalization by 2030.
Likewise, in February 2025, JPMorgan announced an additional $50 billion allocation toward direct lending, solidifying its presence in the lucrative private credit market. Since 2021, JPMorgan has deployed more than $10 billion across 100+ private credit transactions, leveraging its extensive client base and vast origination platform.
Goldman's Price Performance, Valuation & Estimates
Shares of GS have gained 30.8% year to date compared with the industry's growth of 23.6%.
From a valuation standpoint, Goldman trades at a forward price-to-earnings (P/E) ratio of 14.91X, above the industry's average of 14.65X.
The Zacks Consensus Estimate for Goldman's 2025 and 2026 earnings implies year-over-year growth of 12.6% and 14.9%, respectively. The estimates for both years have remained unchanged over the past 30 days.
Goldman currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Zacks Names #1 Semiconductor Stock
This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The Zacks Analyst Blog Highlights Goldman Sachs, T. Rowe Price, BlackRock and JPMorgan

Wall Street closed lower on Friday, pulled down by energy and financial stocks. Investors priced in signs of a sharp slowdown in August job growth against optimism that the Fed may move toward cutting interest rates soon. All three benchmark indexes closed in the red.
How Did the Benchmarks Perform?
The Dow Jones Industrial Average (DJI) fell 0.5%, or 220.43 points, to close at 45,400.86. Twenty components of the 30-stock index ended in negative territory, while 10 ended in positive territory.
The tech-heavy Nasdaq Composite slid 7.31 points, remaining virtually unchanged to close at 21,700.39.
The S&P 500 lost 20.58 points, or 0.3%, to close at 6,481.50. Five of the 11 broad sectors of the benchmark index closed in the red. The Energy Select Sector SPDR (XLE), the Financials Select Sector SPDR (XLF) and the Industrials Select Sector SPDR (XLI) declined 1.9%, 1.8% and 0.4%, respectively, while the Real Estate Select Sector SPDR (XLRE) advanced 1%.
The fear gauge CBOE Volatility Index (VIX) decreased 0.8% to 15.18. A total of 16.95 billion shares were traded on Friday, higher than the last 20-session average of 16.05 billion. Advancers outnumbered decliners by a 1.87-to-1 ratio on the NYSE and by 1.42-to-1 on the Nasdaq.
Jobs Report Casts a Pall on Wall Street
On Friday, Wall Street was dominated by a profoundly soft August jobs report from the Labor Bureau that revealed that the U.S. economy added just 22,000 jobs, well beneath consensus expectations of around 80,000, and included downward revisions to previous months. The number for July, however, was revised to 79,000 jobs from the previously reported 73,000. This data triggered concerns about the labor market’s strength and economic resilience, and amplified expectations that the Fed may move to cut interest rates, possibly as early as mid-September, with a potential 25 bps cut now highly anticipated. In fact, murmurs of a 50-bps cut are also making the rounds.
The markets opened on a hopeful note on Friday with rate-cut expectations lifting sentiment, but equity gains quickly reversed. Bond markets responded decisively, with yields tumbling, especially the benchmark 10-year Treasury, which underscored the rush to safety and reinforced the prospect of imminent policy easing. Financial stocks were among the worst hit.
Consequently, shares of Wells Fargo & Company WFC and JPMorgan Chase & Co. JPM fell 3.5% and 3.1%, respectively. WFC currently carries a Zacks Rank #3 (Hold), while JPM boasts a Zacks Rank of (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Oil Prices Weigh on the Markets
Oil prices also declined on Friday after the nonfarm payrolls report clouded the outlook for energy demand, while expectations of rising supply ahead of an OPEC and allies’ meeting this weekend added further pressure. Brent crude closed at $65.50/barrel, falling $1.49, or 2.22%. WTI crude closed at $61.87, sliding $1.61, or 2.54%.
Weekly Roundup
For the week ending Sept. 5, 2025, U.S. stocks were mixed as weak August job growth, shifting Fed expectations and global uncertainties shaped sentiment. The S&P 500 gained about 0.3% and the Nasdaq rose 1.1%, boosted by tech strength and hopes of imminent rate cuts, while the Dow slipped 0.3% amid recession fears. Treasury yields fell as investors sought safety, and oil prices dropped on softer demand prospects ahead of the OPEC meeting. Trade tensions and macroeconomic headwinds added volatility, favoring growth sectors while traditional industrials underperformed.
Economic Data
The Labor Bureau reported that the unemployment rate for August had increased to 4.3%. The number for July remained unchanged at 4.2%. The average workweek for August remained unchanged at 34.2 hours, while the number for July was revised down to 34.2 from the previously reported 34.3. Average hourly earnings increased 0.3% in August after increasing by the same percentage in July.
Zacks Names #1 Semiconductor Stock
This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.
See This Stock Now for Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stock Market News for Sep 8, 2025

Goldman Sachs GS has partnered with T. Rowe Price TROW to offer a diversified suite of public and private market solutions tailored for retirement and wealth investors. As part of the collaboration, Goldman will invest roughly $1 billion in T. Rowe Price, acquiring a stake of about 3.5%.
The alliance will focus on expanding private market access for individuals, advisors and plan sponsors, offering Target-Date Strategies (mid-2026), model portfolios, multi-asset offerings, personalized advice and advisor-managed accounts. It will also give Goldman Sachs access to T. Rowe Price’s retirement-focused clients, combining stable income with growth potential.
David Solomon, chairman and CEO of Goldman, stated, “With Goldman Sachs' decades of leadership innovating across public and private markets and T. Rowe Price's expertise in active investing, clients can invest confidently in the new opportunities for retirement savings and wealth creation.”
This partnership between GS and TROW follows an executive order signed last month, aimed at expanding access to alternative assets for 401(k) participants, paving the way for broader participation in private market investments and enhanced retirement diversification.
This allows GS and TROW to leverage their expertise in private markets, grow assets under management, strengthen their position in the growing retirement solutions market and generate higher fee income through an expanded client base.
Private Market Ventures by Other Major Finance Firms
Other major financial firms such as BlackRock Inc. BLK and JPMorgan JPM have been enhancing their private markets capabilities to capitalize on rising demand and attract new clients.
Over the past year, BlackRock has invested more than $28 billion to strengthen its position in the high-growth private markets space. Further, BlackRock is targeting $400 billion in private markets fundraising by 2030, with an aim to double its operating income and market capitalization by 2030.
Likewise, in February 2025, JPMorgan announced an additional $50 billion allocation toward direct lending, solidifying its presence in the lucrative private credit market. Since 2021, JPMorgan has deployed more than $10 billion across 100+ private credit transactions, leveraging its extensive client base and vast origination platform.
Goldman’s Price Performance, Valuation & Estimates
Shares of GS have gained 30.8% year to date compared with the industry’s growth of 23.6%.
Image Source: Zacks Investment Research
From a valuation standpoint, Goldman trades at a forward price-to-earnings (P/E) ratio of 14.91X, above the industry’s average of 14.65X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Goldman’s 2025 and 2026 earnings implies year-over-year growth of 12.6% and 14.9%, respectively. The estimates for both years have remained unchanged over the past 30 days.
Image Source: Zacks Investment Research
Goldman currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
#1 Semiconductor Stock to Buy (Not NVDA)
The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.
One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.
See This Stock Now for Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Private Markets Push: Can Goldman Profit From T. Rowe Price Tie-Up?

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in American Eagle Outfitters, Inc. (Symbol: AEO), where a total volume of 70,749 contracts has been traded thus far today, a contract volume which is representative of approximately 7.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54.8% of AEO's average daily trading volume over the past month, of 12.9 million shares. Particularly high volume was seen for the $19 strike call option expiring February 20, 2026, with 6,913 contracts trading so far today, representing approximately 691,300 underlying shares of AEO. Below is a chart showing AEO's trailing twelve month trading history, with the $19 strike highlighted in orange:
JPMorgan Chase & Co (Symbol: JPM) options are showing a volume of 37,128 contracts thus far today. That number of contracts represents approximately 3.7 million underlying shares, working out to a sizeable 54% of JPM's average daily trading volume over the past month, of 6.9 million shares. Particularly high volume was seen for the $290 strike call option expiring November 21, 2025, with 2,414 contracts trading so far today, representing approximately 241,400 underlying shares of JPM. Below is a chart showing JPM's trailing twelve month trading history, with the $290 strike highlighted in orange:
And Starbucks Corp. (Symbol: SBUX) options are showing a volume of 42,557 contracts thus far today. That number of contracts represents approximately 4.3 million underlying shares, working out to a sizeable 52.4% of SBUX's average daily trading volume over the past month, of 8.1 million shares. Especially high volume was seen for the $87 strike call option expiring September 05, 2025, with 3,354 contracts trading so far today, representing approximately 335,400 underlying shares of SBUX. Below is a chart showing SBUX's trailing twelve month trading history, with the $87 strike highlighted in orange:
For the various different available expirations for AEO options, JPM options, or SBUX options, visit StockOptionsChannel.com.
Also see:
Cash Dividend
WCMI Videos
IBTM Videos
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Noteworthy Wednesday Option Activity: AEO, JPM, SBUX

A U.S. Judge has dismissed an antitrust lawsuit against 10 large banks, namely Bank of America BAC, JPMorgan JPM, Morgan Stanley MS, Citigroup C, Barclays BCS, Credit Suisse, Deutsche Bank, Goldman Sachs, NatWest and Wells Fargo.
The lawsuit alleged that BAC, JPM, MS, C and BCS conspired with five other banks to manipulate corporate bond prices at the expense of retail investors.
Details of the Lawsuit
Investors alleged that Bank of America, JPMorgan, Morgan Stanley, Citigroup and Barclays, along with five other banks, earned billions of dollars by levying excessive charges on “odd-lot” trades since 2006.
Such trades are valued under $1 million or involve fewer than 1,000 bonds that are primarily corporate bonds. Investors accused the banks of wrongly charging 25% to 300% higher charges compared with larger “round-lot” trades to boost their profits, according to Reuters.
In October 2021, the case was originally dismissed by U.S. District Judge Lewis Liman. However, after a few months, he revealed that his wife held Bank of America’s shares while the case was pending, claiming that it didn’t impair his judgment on the case. In July 2024, the federal government appealed to the Manhattan court, reviving the case, stating that Liman’s conflict could call his impartiality into question.
Valerie Caproni, U.S. District Judge in Manhattan, stated that investors failed to demonstrate that the banks conspired to operate the Bond Desk, Trading Edge and Trade Web platforms or to shut out alternative platforms that promoted fairer pricing.
She further noted that, though the institutions accounted for roughly 65% of underwriting and 90% of trading in corporate bonds, this did not establish control over secondary market pricing. She also didn’t find any evidence of illegal activity in the four years preceding the April 2020 filing, a gap that undermined the case under the Sherman Antitrust Act. Caproni’s dismissal was issued with prejudice, implying that the lawsuit cannot be filed again.
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BAC, JPM, MS, C, BCS & 5 Other Big Banks Win U.S. Antitrust Lawsuit

Key Points
Palantir's artificial intelligence (AI) platform generates 46% operating margins, while being embedded so deeply in government operations that switching vendors would take decades.
Recursion's 65-plus petabytes of biological data and AI models compress drug discovery from 10 years to weeks, with Big Pharma partnerships validating the approach.
JPMorgan Chase processes 65 million AI transactions daily and trades at just 16 times earnings, despite its $18 billion tech budget dwarfing most fintechs combined.
The real artificial intelligence (AI) opportunity isn't hiding in the obvious names that dominate headlines. It's emerging in industries that have barely changed in decades -- and are now primed for AI-driven disruption.
Defense, pharmaceuticals, banking, and healthcare aren't just big markets; they're trillion-dollar pillars of the global economy. The companies bringing AI into these arenas are building moats so wide that Silicon Valley can't cross them.
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The defense contractor's second act
Palantir Technologies (NASDAQ: PLTR) spent 20 years becoming indispensable to three-letter agencies before Wall Street noticed. Now its Artificial Intelligence Platform (AIP) is doing for corporations what Gotham did for governments -- making sense of chaos.
Q2 2025 revenue hit $1 billion, up 48% year over year, with U.S. commercial revenue exploding 93% to $306 million. Over 1,000 organizations are running AIP pilots, from Airbus solving supply chain puzzles to hospitals predicting patient surges.
Yes, 243 times forward earnings looks steep. But Palantir generates 46% operating margins, sits on $6 billion in cash and short-term securities, and raised full-year 2025 guidance to $4.14 billion to $4.15 billion. The real moat isn't the technology -- it's the decades of security clearances, the Pentagon integration, and the institutional knowledge that would take competitors 20 years to replicate. When the U.S. military runs your software for mission-critical targeting, switching vendors isn't really an option.
The AI drug factory
Recursion Pharmaceuticals (NASDAQ: RXRX) is using AI to industrialize drug discovery. The company's 65-plus petabytes of biological data -- one of Earth's largest proprietary datasets -- feeds AI models that identify drug candidates in weeks, not years. Partnerships with Roche, Bayer, Sanofi, and Nvidia validate the approach, with Sanofi alone contributing $130 million in up-front and milestone payments to date.
Q2 2025 revenue of $19.2 million, up 33% year over year, puts the company on a $77 million annual run rate -- but revenue is the wrong metric for a precommercial biotech. What matters: five programs in clinical trials, 10 approaching human studies, and an AI platform generating drug candidates in weeks instead of years. If even one AI-discovered drug reaches blockbuster status, today's valuation becomes a rounding error.
The AI bank
JPMorgan Chase (NYSE: JPM) isn't just the world's largest bank by assets. It's becoming the blueprint for AI in finance. The firm processes more than 65 million AI-driven transactions daily, spanning everything from fraud detection to algorithmic trading. Its $18 billion annual tech budget dwarfs most fintechs combined, and the payoff is real: AI systems prevented $1.5 billion in fraud losses last year, while new underwriting models now approve loans in seconds instead of days.
The bank is also moving up the value chain. IndexGPT, JPMorgan's generative AI advisor, is automating wealth management tasks once handled by junior bankers. On the institutional side, AI engines are reshaping risk management and capital allocation at a scale no start-up can match. Q2 2025 earnings underscored the moat: $15 billion in net income on $45.7 billion in revenue.
At just 16 times forward earnings, JPMorgan trades far below the S&P 500's (SNPINDEX: ^GSPC) 22 times multiple, despite being the world's most systemically important bank. Its massive deposit base, regulatory licenses, and global footprint sit behind walls no challenger can breach. CEO Jamie Dimon has called AI "extraordinary and groundbreaking" -- and he's backing it up by restructuring the entire bank around it. For investors, JPM isn't just a bank; it's fast becoming the operating system of global finance.
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JPMorgan Chase is an advertising partner of Motley Fool Money. George Budwell has positions in JPMorgan Chase, Nvidia, and Palantir Technologies. The Motley Fool has positions in and recommends JPMorgan Chase, Nvidia, and Palantir Technologies. The Motley Fool recommends Roche Holding AG. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

JP Morgan Chase & Co.

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