FlowBank's hand-curated fresh financial news [header_noDither] Jamie Dimon Highlights AI's Potential Jamie Dimon, CEO of JPMorgan Chase, emphasized artificial intelligence's (AI) significant impact on society in his annual shareholder letter, comparing its potential to the printing press, electricity, and the internet. He revealed JPMorgan's extensive AI initiatives, including over 2,000 AI professionals working on 400 applications across various domains such as fraud detection and customer service. Dimon discussed the broader economic landscape, including inflation concerns and geopolitical risks, and highlighted the bank's acquisition of First Republic's assets. He expressed optimism about AI's role in enhancing jobs and productivity, albeit acknowledging the challenges of adapting to these technological advancements. WHAT'S MOVING [Group 1742 (63)-1] [Start Trading](113/cXx8Z04/VVBH5n4V6LmhW3TyChc89VRYdW3mxgk35cH7VcN9cd5H22-ZVTW6N1vHY6lZ3ncW99pLrb70zWCTW574z6h8clPlmW90F5Sz3GQXq5W8vkw1-1g9p39VZq6kz8CcF-DW2kwcyS8nS1k_W2p4v5B30kkbYW3XgT8h3VHgL8W92VkCh7Vyqx8N54NWRBXtjkgW2zhXWr1q1CVzW5GnMZ089vVbsW3mWnmH4dN6W9VWTBGR1CYHFvVngQ9c211tbtN6B8dYl9PXsbV2PYsZ2z63LdW8F7Rft39x6TmN7mJBLbP0lvhN3gMrF3FMn17W8Kdt8z4qf39gW2PXl1c88Lr-2f4VsVlM04) [Group 3 (61)-2] TSMC The U.S. government offers TSMC up to $6.6 billion in funding for Arizona semiconductor factories to enhance chip security and manufacturing on American soil. [Group 1754 (12)] Ripple Ripple CEO Brad Garlinghouse predicts the crypto market's value will double to $5 trillion by year-end, driven by U.S. spot bitcoin ETFs and the bitcoin "halving." [Group 1753 (12)] Trump Media Group Trump Media's stock price falls by 8.43%, closing at $37.17, with the company's market valuation hovering just above $5 billion after a steep decline in share price. WHAT'S COMING UP? CNY: New Loans: Exp. 3,700.0B v Prev. 1,450.0B USD: EIA Short-Term Energy Outlook USD: 3-Year Note Auction: Prev. 4.256%
USD: API Weekly Crude Oil Stock: Prev. -2.286M IN OTHER NEWS Wall Street Stock futures remained steady on Monday, with investors awaiting upcoming inflation data. The trading day closed nearly unchanged: the S&P 500 slightly down by 0.04%, the Dow dropped 0.03%, while the Nasdaq saw a minor increase of 0.03%. [Group 1769] Europe European markets are anticipated to open lower on Tuesday, with investors eyeing upcoming economic data. Expectations include a 6-point drop for the U.K.'s FTSE 100 at 7,936, a 49-point fall for Germany's DAX at 18,263, a 17-point decrease for France's CAC at 8,103, and a 77-point decline for Italy's FTSE MIB at 33,609. MARKET INSIGHTS 9 Coolest Luxury and Sports Car Stocks | 2024 A lot has been said about the rise of EV car companies like Tesla but are some of the traditionally cool car brands worth an investment? [Read more](113/cXx8Z04/VVBH5n4V6LmhW3TyChc89VRYdW3mxgk35cH7VcN9cd5Gs2-ZVTW5BW0B06lZ3mlN7kz8zhvFmrjW4-Tr4v56G96LW3gS7HT56BqKtW8xxDNc7kz9sZVgW5Q_1m-4fBW6hmYcr5SkR0VW1S74ky1qVjdVW1DxvL81V7K3ZW2Sr0hj3dmQVDW7bRvBf5R8BKsW8s2XDl16W9nWW6dF2885MNf5LW3vw3nX5y-FZZVf78DP1Mpy7mVq-rW38z_nsTW78DqMG3l5_26W6wvFn95ynMVjW5JHV7X3sB9vtf6W9lZz04) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. [flowbank-logo-2022-green-3] [Facebook](113/cXx8Z04/VVBH5n4V6LmhW3TyChc89VRYdW3mxgk35cH7VcN9cd5Gs2-ZVTW5BW0B06lZ3pKVQ6rpk8bJ0hCW8xZMFF49TGKbW6MXHkP1pKtmlVRDbtl4_Gv_WW39RkgK4ZyGfxW57CZ2W2-WLm1W3Q5v1G4912TcW5sFq0t3WP3rcVTTd7D4N3TRZW6g4Hhp5t3HQQW1FJy1D1ZvrvYW6f1Mk91bYyyJW5gl_-W5Q3yC1W8mmsYZ42VWxVW5PcgLt3jyGcfW1bxSlQ6R0hZbW2HN2pg3fdFkzN3xW12SzQ3Kmf6gqtgs04)
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