NEW YORK (Reuters) -JPMorgan Chase on Monday raised its forecast for net interest income (NII), or the difference between what it makes on loans and pays out...
NEW YORK -JPMorgan Chase on Monday raised its forecast for net interest income , or the difference between what it makes on loans and pays out on deposits, to $91 billion, excluding markets.
JPMorgan acquired billions in loans after it bought collapsed First Republic Bank last May. The purchase fueled interest income and helped propel profits to a record. "The concept of a machine to be able to function with general intelligence to me is a 2x bigger factor than what the internet is," Gene Munster said.Let's dive into whether Aurora Cannabis could be a potential millionaire-maker stock, or a dud, over the long term. The post Could Investing $10,000 in Aurora Cannabis Stock Make You a Millionaire? appeared first on The Motley Fool Canada.
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