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JPMorgan Chase & Co. ($JPM) and Berkshire Hathaway Inc. ($BRK.B) both reached new all-time highs following Federal Reserve Chair Jerome Powell's speech at the Jackson Hole Economic Symposium. JPMorgan's stock has increased by 48.8% over the past year and 98% over the last five years. Berkshire Hathaway's market capitalization has now surpassed $970 billion, positioning it less than $30 billion away from the $1 trillion market cap milestone. The surge in stock prices reflects investor confidence in these financial giants amid ongoing economic discussions.
Warren Buffett's Berkshire Hathaway $BRK.B is currently trading at new ALL TIME HIGHS and is now less than $30B away from joining the $1 TRILLION market cap club https://t.co/HfatxgLYVE
UPDATE 🚨 $JPM JPMorgan hit a new all-time high today The stock is up 48.8% over 1 year For comparison, the stock is up 98% over 5 years https://t.co/DO8MW7e6Ze https://t.co/DUVVJuK4Oc
$JPM All time highs today. Jamie Dimon spreaded SO MUCH FUD for years. Recall him saying 7-8% interest rates, lol. Guy using uno reverse inverse backdoor double tap skip a turn card on us retail investors. Got to hand it to him... Well played.
