JPMorgan Chase Stock Drops on Higher 2025 Spending Plans
JPMorgan Chase (JPM) shares fell 4% after announcing $105 billion in expenses for 2025, exceeding analyst expectations by $4 billion due to growth investments and compensation costs.
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JPMorgan Chase (JPM) shares fell 4% after announcing $105 billion in expenses for 2025, exceeding analyst expectations by $4 billion due to growth investments and compensation costs.
Campbell's (CPB) shares fell 6% to near 16-year lows despite beating estimates. Q1 sales dropped 3% to $2.68B as tariffs, inflation hit margins. Full-year guidance maintained.
Gogo shares drop to a 5-year low as Starlink competition grows and net debt pressures rise. Upcoming 5G and Galileo systems could boost future performance.
Alexander & Baldwin will be taken private in a $2.3B all-cash deal led by MW Group, Blackstone Real Estate, and DivcoWest. Shareholders will receive a 40% premium.
Starboard Value has taken a nearly 5% stake in Clearwater Analytics, urging the company to explore a sales process and improve performance as investors worry about acquisition integration.
Home Depot issues cautious 2026 guidance with flat-to-2% comparable sales growth, citing weak housing market and high interest rates dampening consumer spending.