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JPMorgan’s Top Strategist Sticks To Bearish S&P 500 Forecast, Warns Of 2008-Like Crash: ‘Equities Continue To Price In Little Downside Risk’

By Piero Cingari
June 11, 1:56 PM
JPMorgan Chase maintains bearish outlook on US stock market, predicting decline despite record highs. Fed may adjust projections and risks are abundant, but S&P 500 forecasts remain unchanged.

SPY

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Take-Two Interactive Offers A Scaled Portfolio Of Mobile Games, Says Analyst

By Shivani Kumaresan
June 11, 1:24 PM
J.P. Morgan maintains an Overweight rating on Take-Two Interactive with a $200 target, citing positive trends in mobile gaming, particularly for Zynga. Management expresses confidence in mobile market growth and stability into 2024, highlighting consumer readiness to invest in new games.

TTWO

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3 minute read

May Inflation Report Clashes With Fed Meeting: Traders Brace For Volatile Wednesday

By Piero Cingari
June 11, 12:12 PM
For the first time since June 2020, the Consumer Price Index (CPI) report will be released on the same day as the Federal Open Market Committee (FOMC) meeting. This sets up a potentially volatile Wednesday for financial markets.

BTC