Latest CMC news and sentiment

JPMorgan starts FedEx Freight at Overweight on post-spin turnaround

Investing.com -- In a note to clients on Tuesday, JPMorgan initiated coverage of FedEx Freight with an Overweight rating and a December 2027 price target of $160, arguing the recent spin-off gives North America's largest less-than-truckload carrier room to improve profitability and service as a stand-alone company. Analyst Brian Ossenbeck said the business had been constrained as a small part of FedEx, the world's largest air cargo carrier, and had lost market share over the years. The analyst believes the separation now allows Freight to make the investments needed to improve customer service

Why Copart Stock Ticked 4% Higher on Thursday

Market players hit the gas pedal on auto marketplace operator Copart (NASDAQ: CPRT) on Thursday, following an analyst recommendation upgrade. With that fuel injection into the shares, they zoomed more than 4% higher that trading session. That was in sharp contrast to the benchmark S&P 500 index, which dipped by 0.7%. Shifting to a higher gear The person behind the upgrade was Jash Patwa of JPMorgan Chase's J.P. Morgan. Well before market open Thursday, he moved his Copart recommendation up one peg to overweight (read: buy) from neutral. He accompanied this with a significant price target raise

JPMorgan Chase & Co. (JPM) Outperforms Broader Market: What You Need to Know

In the latest trading session, JPMorgan Chase & Co. (JPM) closed at $362.06, marking a +1.64% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 1.06%. Elsewhere, the Dow gained 1.18%, while the tech-heavy Nasdaq added 1.4%. Shares of the company have depreciated by 0.84% over the course of the past month, underperforming the Finance sector's gain of 0.85%, and the S&P 500's gain of 2.46%. Analysts and investors alike will be keeping a close eye on the performance of JPMorgan Chase & Co. in its upcoming earnings disclosure. On that day, JPMorgan Chase

JPMorgan Chase (JPM) Raised Buybacks And Its Dividend, Is The Stock Fully Priced?

Recent news around JPMorgan Chase (JPM) has focused on a larger share repurchase program, a higher quarterly dividend, and progress in its payments and capital markets businesses. Together, these updates provide fresh context for assessing the stock. Those capital return moves come as JPMorgan Chase's share price has climbed strongly over the past quarter, with a 90 day share price return of 17.98% and a 1 year total shareholder return of 20.70%. This suggests firm positive momentum rather than a short lived bounce. See how other banks and financial companies are responding to the same themes

JPMorgan Drops 'Bullish' Stance On US Stocks After Warsh's Hawkish Tone At Jackson Hole, Shifts To 'Tactically Cautious'

JPMorgan remains positive on equities, sees rotation driving further gains

JPMorgan remains constructive on equities heading towards the end of the year, although the bank expects further gains to be driven by shifts between market segments rather than a broad-based surge in stocks. "In equities, we stay constructive into year-end, expecting a grind higher with rotation rather than a broad melt-up move," strategist Fabio Bassi wrote in a note to clients. The bank pointed to the recovery in semiconductor stocks as evidence of a tactical improvement in risk appetite. With Federal Reserve patience helping to keep volatility contained, JPMorgan expects investor positioni

“We’re Bullish”: JPMorgan Pulls the Trigger on 2 Digital Platform Stocks

Over the past two decades, digital technology has worked its way into virtually every corner of the global economy, changing not only how companies reach customers but how they operate behind the scenes. Supply chains are coordinated through software, payments move through digital networks, businesses rely on cloud-based systems, and identity and cybersecurity platforms have become essential for protecting the growing amount of data. Digital platforms sit at the intersection of many of those changes. They connect people, companies, data, and services while making processes that once required m

JPMorgan Strategist: The AI Rally Is Expanding Far Beyond the Magnificent Seven

Quick Read JPMorgan's Parker says market leadership has broadened beyond the Mag-7, with Quanta Services beating earnings by 40% on a record $53B backlog. Cisco booked $9.3B in AI infrastructure orders for FY2026 while Eaton's data-center backlog represents 15 years of supply at current US build rates. Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor) Speaking on CNBC, JPMorgan Private Bank's Stephen Parker pushed back against the idea that this year's rally is being carried entirely by the largest Magnificent-7 companies: "I think we are see