JPMorgan Chase Hits All-Time High, Near $600 Billion Market Cap, After Boosting Buybacks and Dividends

JPMorgan Chase has hit an all-time high, with its market cap just shy of $600 billion. The surge follows the bank's announcement of increased buybacks and dividends. Historically, JPMorgan's stock tends to rise after earnings reports, and the current trend appears to be continuing. Analysts are debating whether the stock is still a buy at these elevated levels. The stock also saw a notable intraday afternoon performance.