Apple music, gaming to bring in over $8 billion in revenue by 2025, JPM says
(Reuters) – Apple Inc’s revenue from gaming and music offerings is expected to jump 36% to $8.2 billion by 2025, J.P.Morgan said on Monday, as …
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JPM says Meta will become Broadcom’s next billion-dollar customer
(Reuters) – Facebook parent Meta Platforms Inc will use Broadcom Inc’s custom chips to build its metaverse hardware, becoming the chipmaker’s next billion-dollar ASIC customer, …
JPM says Japanese automakers to see record profits on price hikes, cost cuts
(Reuters) – Japanese auto companies are likely to post record profits this year as they raise vehicle prices and cut costs to mitigate the hit …
JPM goes ‘underweight’ on alternative investments after they lose 10% this year
(Reuters) – Analysts at J.P. Morgan turned negative on alternative investments as they expect lower returns for the asset group compared to traditional assets. The …
JPM downgrades Thailand on fading tourism recovery and worsening macro conditions
(Reuters) – Analysts at J.P. Morgan downgraded Thailand’s equities rating on Monday, citing the slow pace of recovery in the tourism industry due to rising …
JPM, Credit Suisse expect China COVID spike to have minimal impact on GDP
– The recent surge in COVID-19 cases across China is likely to have a minimal impact on the country’s GDP this year, two brokerages said …