Wedbush Raises Apple Target to $160 on iPhone 12

Investment bank Wedbush has raised Apple’s target price to $160 per share on the strongest iPhone upgrade cycle since the iPhone 6.

Mortgage Rates Decline; Rises Loom in Future

As the spring season rolls in and the winter doldrums roll out, people are finally exiting their homes and exploring the world once again. Luckily for those recovering from an intense winter hibernation, the economy shows positive signs for the…

Chase Debit Cards Limits Customers’ Cash

With the recent breach of security involving nearly 40 million shoppers at Target being exposed to cyber thieves and malware resulting in the criminals gaining access to credit/debit card information, Chase Bank has limited customer’s spending ability. Putting a cap…

JP Morgan Lawsuit Ends with $13 Billion Settlement

In 2008, the United States witnessed its worst financial catastrophe since the Great Depression. The collapse of the economy here in the United States not only led to housing market woes and consumer losses in the stock market, but also…

Jamie Dimon Steps Down as JP Morgan Chairman

Jamie Dimon has stepped down from his position as chairman with JP Morgan the countries largest banking institution. His actions have resulted in an investigation with the federal government and a settlement that lead to a painful loss for JP…

Facebook Blames Nasdaq and Wants to Consolidate IPO Investor Lawsuits

The one month anniversary of Facebook’s much anticipated initial public offering is close at hand, and the social networking giant has yet to address investor concern or the countless lawsuits which have been filed against the Nasdaq, Mark Zuckerberg, or…

Facebook Stock Dips Below $30 Today

I’m sure the experts are happy to see Facebook shares dip to the $30 range today. In fact, shares hit an all time low of $29.57 earlier this afternoon, signifying that demand isn’t anywhere near what Facebook and its underwriters…

GoPago Treats San Francisco to Innovative Mobile Payment Service

There’s no doubt the future of payments exists in our mobile devices and GoPago is another great example of how mobile technology is bringing innovation to the marketplace. San Francisco businesses and customers alike are being treated to something new…

Zynga Stock Downgraded By JP Morgan

On the heels of Zynga’s announcement that they were in the beta stage of the “Zynga Platform,” the Wall Street Journal is reporting that JP Morgan is downgrading their rating to neutral due to an “increased investor focus on social…

Big JPMorgan Twitter Investment Rumored

Earlier this month, JPMorgan Chase raised $1.2 billion to establish a digital growth fund, and it looks the organization is wasting no time in putting that money to use.  Reports now claim that JPMorgan intends to acquire a 10 percent stake in Twitter (assuming it hasn’t done so already).