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The Latest Breaking News from JPMorgan

JPMorgan exec Lorna Hajdini fights back, sues ex-banker Chirayu Rana for defamation

Lorna Hajdini defamation lawsuit explained: JPMorgan executive Lorna Hajdini has sued former banker Chirayu Rana for defamation, vehemently denying his claims of sexual abuse and racist language. Hajdini alleges Rana fabricated these accusations to extort millions from her and the bank. JPMorgan supports Hajdini, stating its internal probe found no…

The Economic Times

Applied Materials Highlights AI-Driven Chip Demand, 30% Systems Growth at JPMorgan Event

Applied Materials (NASDAQ:AMAT) executives highlighted continued momentum tied to artificial intelligence-related semiconductor demand, with strength concentrated in advanced logic, DRAM and advanced packaging, during a presentation at J.P. Morgan’s 54th annual Technology, Media and Communications C

MarketBeat

Big update in JPMorgan sex harassment case: Lorna Hajdini files defamation lawsuit against Chirayu Rana

A bitter legal battle at JPMorgan Chase has taken another dramatic turn after executive Lorna Hajdini filed a defamation lawsuit against former banker Chirayu Rana, accusing him of making up false claims that she treated him as her “sex slave”.

The Times of India

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Blackbaud CEO Touts AI Fundraising Agents, Rule of 45 Path at JPMorgan Conference

Blackbaud (NASDAQ:BLKB) Chief Executive Officer Mike Gianoni outlined the company’s market position, artificial intelligence strategy and financial priorities during a discussion with Zach Canter, managing director in JPMorgan’s technology investment banking group. Gianoni described Blackbaud as a

MarketBeat

The AI Boom Is Likely to Keep Pushing DELL Stock Higher

DELL stock is a buy for value investors.

Barchart

Michael Burry Ramps Stakes in Beaten-Down Stocks Like Adobe, PayPal Amid 'Mass Whale Fall' Phenomenon

Michael Burry boosts stakes in MercadoLibre, Adobe, PayPal, and Lululemon, applying his contrarian strategy. Discover why he sees growth potential amid AI fears and market undervaluation.

International Business Times UK

Extreme Networks Bets on AI Platform to Win Bigger Enterprise, Government Deals

Extreme Networks (NASDAQ:EXTR) is positioning its AI-driven networking platform as a central part of its push into larger enterprise and government accounts, Chief Executive Officer Ed Meyercord said during a JPMorgan fireside chat hosted by analyst Samik Chatterjee. Meyercord said the company rece

MarketBeat

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Cisco Systems CEO Sees AI Fueling a “Networking Super Cycle”

Cisco Systems (NASDAQ:CSCO) Chairman and Chief Executive Officer Chuck Robbins said at JPMorgan’s Technology Conference that the company is seeing broad-based demand tied to artificial intelligence, describing the current environment as a “networking super cycle.” In a keynote discussion with JPMor

MarketBeat

Cellebrite DI Sees Federal Rebound as AI, Defense Tools Fuel New Growth

Cellebrite DI (NASDAQ:CLBT) executives said the digital investigations company is seeing renewed momentum in government demand, international markets and new product categories, including artificial intelligence and defense-focused capabilities, during a JPMorgan cybersecurity and DevOps event hoste

MarketBeat

Chime Financial CEO Says Consumer Spending Holds Up as New Products Gain Traction

Chime Financial (NASDAQ:CHYM) co-founder and Chief Executive Officer Chris Britt said the company is seeing resilient consumer activity, stronger product engagement and early traction from newer offerings, even as investors continue to question the outlook for lower- and middle-income consumers. Sp

MarketBeat

CarGurus Pushes Beyond Leads With AI, Inventory Tools and Global Expansion

CarGurus (NASDAQ:CARG) Chief Executive Jason Trevisan said the company is accelerating product development across dealer and consumer offerings, with inventory tools, artificial intelligence and international expansion among the key areas of focus. Speaking at a JPMorgan event hosted by analyst Raj

MarketBeat

Anterix Eyes 900 MHz Monetization as FCC Order Opens Satellite Door

Anterix (NASDAQ:ATEX) is focused on monetizing its expanded 900 MHz spectrum position, developing new recurring-revenue products and exploring satellite direct-to-device connectivity, Chief Regulatory and Communications Officer Chris Guttman-McCabe said during a JPMorgan investor discussion hosted b

MarketBeat

Cogent Communications Highlights Data Center Sales, AI Demand in Deleveraging Push

Cogent Communications (NASDAQ:CCOI) Founder and CEO Dave Schaeffer said the company remains focused on deleveraging, expanding margins and monetizing portions of its data center portfolio following its 2023 acquisition of Sprint’s fiber assets. Speaking at a JPMorgan communications sector event hos

MarketBeat

Tata Steel shares crack 4% after Q4 results. Here's why JPMorgan downgraded the stock

Tata Steel's shares dipped despite a 147% surge in Q4 FY26 net profit to Rs 2,965 crore. Analysts are divided, with JPMorgan downgrading to 'Neutral' citing regulatory headwinds in the Netherlands and project delays, while Morgan Stanley maintains 'Overweight' on strong domestic and UK performance.

The Economic Times

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Fortune

A 45,000-person labor strike at Samsung's memory chip plants could throw a wrench into the AI boom

Nearly 45,00

The Economic Times

18 days. That's all it takes for a Samsung strike to crash the global AI chip market, and the whole world is holding its breath

Samsung strike to crash the global AI chip market: The Samsung strike threatens global AI chip supply chains as 45,000 workers plan an 18-day walkout starting May 21, 2026. Samsung's memory chip workers were offered 607% salary bonuses — six times more than logic chip and foundry engineers building AI…

International Business Times UK

Who Is Gautam Adani, India's Richest Man? Billionaire Accused in $265 Million Bribery Case Now Nearing DOJ Deal

Indian billionaire Gautam Adani may soon see US fraud and bribery charges dropped, as federal authorities consider dismissing the case. The Adani Group denies wrongdoing, citing jurisdictional issues.

MarketBeat

Sky Harbour Group Q1 Earnings Call Highlights

Sky Harbour Group (NYSE:SKYH) reported accelerating construction investment, higher revenue and new 2026 guidance during its first-quarter earnings call, as executives said the aviation hangar developer is moving from early-stage buildout toward broader scale across its airport campus portfolio. Ch

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The Economic Times

Samsung shares crash 9% as labour strike raises fears of $20 billion profit hit

Samsung Electronics shares fell sharply on Friday as an escalating labour dispute and a looming 18-day strike raised fears of major disruption to chip production and deliveries. With JPMorgan estimating up to $21 billion in potential profit impact, investor anxiety has surged amid intensifying union demands and rising pressure on…

The Economic Times

Samsung's South Korean union sticks to strike plan after talks offer; shares slide

Samsung's labor union remains committed to a strike despite the company's offer of unconditional pay talks, leading to a significant drop in shares. Negotiations over pay and bonuses have collapsed, with the union planning an 18-day walkout from May 21. Analysts warn of production disruptions and delivery reliability concerns, while…

MarketBeat

Orion Office REIT Q1 Earnings Call Highlights

Orion Office REIT (NYSE:ONL) said its first-quarter results reflected continued progress on leasing, asset sales and balance-sheet management, while its board and management continue to evaluate strategic options with advisers Wells Fargo and JPMorgan. Chief Executive Officer Paul McDowell said the

The Economic Times

Kaynes Technology shares plunge 19%. Why JPMorgan, Nuvama downgraded the EMS stock

Kaynes Technology shares plunged after the company’s Q4 results disappointed investors on multiple fronts, including a revenue guidance miss, weaker balance sheet metrics, and a sharp drop in profit. The stock fell to Rs 3,760.10 on the BSE as brokerages turned cautious following the earnings report.

Evening Standard

Gilts steady as Prime Minister clings on

The yield on UK 10-year gilts traded at 5.07%, cooling from 5.10% the day before.

International Business Times UK

Will Gold Hit $6,300 in 2026? JPMorgan's Bold Forecast Keeps Investors Watching Closely

JPMorgan forecasts gold could reach $6,300 per ounce by 2026, driven by central bank buying and global tensions. Analysts remain divided, with some predicting lower prices.

The Times of India

Lorna Hajdini looks very attractive: Megyn Kelly says she believes Chirayu Rana made up the whole sexual assault lawsuit

Conservative commentator Megyn Kelly weighed in on the latest findings of the Chirayu Rana-Lora Hajdini sexual assault lawsuit and said she thinks it is all made up because Lorna Hajdini is too attractive to fall for someone like Rana, she said. Kelly said while Lorna is very attractive, Chirayu Rana…

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