JPMorgan Chase Option Alert: Jan, 2027 $290 Calls Sweep (4) near the Ask: 201 vs 698 OI

JPMorgan Chase Option Alert: Jan, 2027 $290 Calls Sweep (4) near the Ask: 201 @ $42.128 vs 698 OI; Ref=$296.355

JPMorgan Chase Option Alert: Jan 16 $280 Calls at the Bid: 600 vs 4327 OI

JPMorgan Chase Option Alert: Jan 16 $280 Calls at the Bid: 600 @ $32.1 vs 4327 OI; Ref=$298.48

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JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4 trillion in assets. It is organized into four major segments: consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.

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JPMorgan Chase (NYSE:JPM), el banco más grande de Estados Unidos con más de 4 billones de dólares en activos, se ha asociado con 

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JPMorgan, Wells Fargo, Citigroup y otras compañías presentan resultados hoy. Longevity Health sube un 67 % tras fusión estratégica.

Acciones a vigilar este martes: JPMorgan, Citigroup, Wells Fargo y Longevity Health antes de resultados clave

Banks report positive earnings

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JPMorgan, Citigroup y Wells Fargo presentan resultados sólidos en el 2T 2025, impulsados por ingresos netos por intereses y dividendos.

Temporada de resultados: JPMorgan, Citigroup y Wells Fargo lideran un sólido segundo trimestre

&nbsp;Jamie Dimon, the CEO of&nbsp;JPMorgan Chase &amp; Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), has&nbsp;reportedly visited the White House twice&nbsp;in the past two months. This marks a significant shift in the relationship between the head of the largest American bank and President&nbsp;Donald Trump.
<h3 class="wp-block-heading">Dimon And Trump Discuss Economy, Housing And Interest Rates In Oval Office Meeting</h3>
Dimon met with Trump in the Oval Office last week to discuss the economy, trade, and financial regulation. Also present at the meeting were Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick. The conversation touched on topics such as the ongoing shortage of affordable housing, the effects of post-2008 financial crisis regulations on American homeownership, and the contentious issue of interest rates, on which Dimon and Trump have publicly disagreed, <a href="https://www.wsj.com/finance/jpmorgan-chase-jamie-dimon-trump-visits-01a36928?mod=hp_lead_pos3">reported</a> The Wall Street Journal.
Dimon, who has consistently supported Federal Reserve Chair&nbsp;Jerome Powell&nbsp;and the Fed&#8217;s independence, told Trump that interest rates could be lowered if the economy is strong enough. This isn't the first time Dimon has shared this perspective with Trump. The meeting occurred soon after Trump visited a construction site at the Federal Reserve — a visit that has stirred criticism of Powell among the president's supporters.
<h3 class="wp-block-heading">Dimon&#8217;s Past Warnings On Trump Tariffs, High Interest Rates</h3>
The recent meetings between Dimon and Trump come as a surprise, given their history of public disagreements and insults. The two had not had a substantial conversation for years, and their public exchanges had been acrimonious.
In May, Dimon reportedly committed to intensifying JPMorgan&#8217;s association with Chinese capital markets following a meeting with high-ranking <a href="https://www.benzinga.com/markets/25/05/45582003/jamie-dimon-who-once-said-trump-was-right-about-some-of-china-now-reportedly-appears-to-be-siding-with-xi-jinping-amid-washington-beijing-tensions">Chinese officials</a>, including Beijing's chief trade negotiator, He Lifeng. This commitment followed a recent agreement between Beijing and Washington to decrease tariffs, indicating a significant relaxation of trade tensions.
Earlier in the same month, Dimon, who had correctly<a href="https://www.benzinga.com/markets/equities/25/05/45535142/jamie-dimon-who-flagged-trouble-before-2008-lehman-brothers-collapse-now-warns-sp-earnings-could-fall-to-0rougher-time-for-markets-says-dan-niles"> predicted trouble</a> before the 2008 Lehman Brothers collapse, warned that Wall Street's expectations for S&amp;P 500 earnings growth could plummet from 12% to 0% as tariff impacts ripple through the economy.
While Dimon support&#8217;s Fed&#8217;s independence, he also warned about the potential underestimation of the risk of higher <a href="https://www.benzinga.com/markets/macro-economic-events/25/07/46361695/jamie-dimon-warns-market-may-be-underestimating-rate-hike-risks-flags-investor-complacency-amid-trump-tariffs-cause-of-concern">U.S. interest rates, </a>calling it a &#8220;cause of concern.&#8221;
READ MORE:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/personal-finance/management/25/07/46488893/at-14-jamie-dimon-owned-his-first-stock-watched-a-45-market-crash-only-to-learn-this-investment-lesson-history-does-rhyme">At 14, Jamie Dimon Owned His First Stock, Watched A 45% Market Crash Only To Learn This Investment Lesson: &#8216;History Does Rhyme&#8217; </a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Trump, Jamie Dimon Reportedly Meet After President's Fed Visit, Ending Years-Long Rift: What Changed?

Nikita Bier, Head of Product at Elon Musk&#8216;s social media platform X, said on Thursday that Figma Inc. &#8220;is going to be a meme stock beyond all comprehension.&#8221; The prediction comes as the design platform prepares to begin trading on the New York Stock Exchange today.
<h2 class="wp-block-heading">Key Executive Backs Design Platform&#8217;s Viral Potential</h2>
Bier, who also serves as advisor to Solana, made the statement on X as institutional investors increasingly embrace social <a href="https://www.benzinga.com/markets/penny-stocks/25/07/46681079/wall-street-is-getting-in-on-meme-stock-action-40-of-hedge-funds-now-use-social-sentiment-tools-hire-social-media-savvy-analysts">sentiment analytics for trading strategies</a>.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Figma is going to be a meme stock beyond all comprehension.
&mdash; Nikita Bier (@nikitabier) <a href="https://twitter.com/nikitabier/status/1950812870792622374?ref_src=twsrc%5Etfw">July 31, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
<h2 class="wp-block-heading">IPO Pricing Sets Stage for Market Debut</h2>
Figma priced its initial public offering at $33.00 per share on Wednesday, offering 36.9 million Class A common stock shares. The company plans to raise approximately $411 million from 12.5 million new shares, while existing stockholders will sell 24.5 million shares.
Morgan Stanley, Goldman Sachs Group Inc., Allen &amp; Company LLC and JPMorgan Chase &amp; Co. are serving as joint lead book-running managers for the offering.
See Also: <a href="https://www.benzinga.com/markets/equities/25/07/46747895/metas-210-billion-tech-stack-may-be-masking-a-harsh-truth-jim-chanos-says-12-year-depreciation-on-2-year-gpus-overstates-profits">Meta&#8217;s $210 Billion Tech Stack May Be Masking A Harsh Truth: Jim Chanos Says 12-Year Depreciation On 2-Year GPUs Overstates Profits</a>
<h2 class="wp-block-heading">Strong Fundamentals Drive Growth Trajectory</h2>
The San Francisco-based company reported revenue of $749 million for 2024, <a href="https://www.benzinga.com/markets/ipos/25/07/46212893/figma-targets-wall-street-debut-after-20-billion-adobe-deal-collapse">marking 48% year-over-year growth</a>. First quarter 2025 revenue reached $228.2 million, up 46% from the prior year period. Figma&#8217;s four-year compounded annual revenue growth rate stands at 53%.
The platform <a href="https://www.benzinga.com/markets/ipos/25/07/46212893/figma-targets-wall-street-debut-after-20-billion-adobe-deal-collapse">serves 95% of Fortune 500 companies</a> and 78% of Forbes Global 2000 firms. Major clients include Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) and Salesforce Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>). Net Dollar Retention Rate was 134% at the end of 2024.
<h2 class="wp-block-heading">Wall Street Embraces Meme Stock Analytics</h2>
Bier&#8217;s prediction aligns with a broader Wall Street trend. Research <a href="https://www.benzinga.com/markets/penny-stocks/25/07/46681079/wall-street-is-getting-in-on-meme-stock-action-40-of-hedge-funds-now-use-social-sentiment-tools-hire-social-media-savvy-analysts">shows 40% of hedge funds</a> now use social sentiment analytics for trading strategies in 2025, compared to 10% three years ago.
Recent <a href="https://www.benzinga.com/markets/penny-stocks/25/07/46681079/wall-street-is-getting-in-on-meme-stock-action-40-of-hedge-funds-now-use-social-sentiment-tools-hire-social-media-savvy-analysts">meme stock rallies have driven</a> Opendoor Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPEN#NASDAQ">OPEN</a>) up 314% in the past month, while Kohl&#8217;s Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KSS#NYSE">KSS</a>) gained 51% and Krispy Kreme Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DNUT#NASDAQ">DNUT</a>) rose 41%.
Figma&#8217;s IPO follows the collapse of a $20 billion acquisition by Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) due to regulatory concerns. The company&#8217;s most recent private valuation <a href="https://www.benzinga.com/markets/ipos/25/07/46212893/figma-targets-wall-street-debut-after-20-billion-adobe-deal-collapse">reached $12.5 billion during a 2024 secondary share sale</a>.
Read Next:
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</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: M.oo / Shutterstock.com

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Figma Could Become A 'Meme Stock Beyond All Comprehension,' Warns Elon Musk's X Product Head Nikita Bier

Coinbase Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) shares are trending on Wednesday. Here&#8217;s a look at <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46721901/jpmorgan-partners-with-coinbase-to-expand-crypto-access-for-80m-customers">what&#8217;s going on</a>.
What To Know: Coinbase on Wednesday announced a strategic partnership with JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) to make buying crypto easier. The two companies will offer a direct bank-to-wallet connection that will allow Chase customers to link their bank accounts to Coinbase wallets. 
Chase customers will also be able to transfer their ultimate rewards points to their Coinbase account, allowing customers to use credit card points to fund a crypto wallet for the first time. In the fall, the companies plan to roll out the ability to fund Coinbase accounts using Chase credit cards. The rest of the new features are expected to go live in 2026. 
&#8220;We&#8217;re excited to partner with JPMorganChase to onboard the next generation of consumers into crypto. Together, we are expanding choice and lowering barriers to entry for consumers to participate in the future of financial services onchain,&#8221; said Max Branzburg, head of consumer &amp; business products at Coinbase.
Coinbase also appears to be seeing increased attention ahead of second-quarter earnings scheduled for after the market close on Thursday. Analysts expect the company to report earnings of $1.35 per share and revenue of $1.69 billion, according to estimates from <a href="http://pro.benzinga.com">Benzinga Pro</a>.
In the first quarter, Coinbase <a href="https://www.benzinga.com/news/earnings/25/05/45302422/coinbase-q1-earnings-highlights-revenue-eps-miss-2025">missed analyst estimates</a> on the top and bottom lines. The company guided for second-quarter subscription and services revenue of $600 million to $680 million. 
With a market cap of $96.6 billion and a P/E ratio of 69.82, Coinbase is positioned as a high-growth stock, albeit with a premium valuation compared to traditional equities. The forward P/E of 67.57 suggests that analysts expect continued growth, but the high multiples may also indicate elevated risk if earnings do not meet expectations.
COIN Price Action: <a href="http://benzinga.com/quote/COIN">Coinbase Global shares</a> were up 3.38% at $384.01 at the time of publication Wednesday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a> data.
Coinbase is currently trading above its 50-day moving average of $319.69, indicating a bullish trend, while the 100-day and 200-day moving averages at $255.99 and $260.18, respectively, also support this upward momentum. Immediate support is likely around the recent low of $377.06, with resistance near the intraday high of $386.58.
Read Next:
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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46727850/bitcoin-to-hit-200000-by-year-end-bitwises-matt-hougan-maintains">Bitcoin To Hit $200,000 By Year-End, Bitwise&#8217;s Matt Hougan Maintains</a></li>
</ul>
Photo: courtesy of Coinbase.

Movers

What's Going On With Coinbase Stock Today?

U.S. stocks inched higher midday Wednesday, as investors digested upbeat economic data while keeping an optimistic tone ahead of the Federal Reserve's policy decision and a wave of key tech earnings <a href="https://www.benzinga.com/markets/earnings/25/07/46693997/wall-street-earnings-preview-microsoft-apple-meta-amazon-mastercard-visa">due after the bell. </a>
<ul class="wp-block-list">
<li>The QQQ ETF is on track for a fourth consecutive monthly gain. <a href="https://www.benzinga.com/quote/QQQ">See the chart here.</a></li>
</ul>
The S&amp;P 500 rose 0.2%, the Nasdaq added 0.4%, and the Dow Jones hovered near the flatline. Small-cap stocks outperformed, with the Russell 2000 up 0.6%. 
Markets widely expect the Federal Reserve to keep rates steady at 4.25%-4.50%, but with two policymakers already showing preference for a cut, the decision could mark the most divided vote since 1993.
On the trade front, former President Donald Trump announced a new 25% tariff on Indian imports, set to take effect Aug. 1. 
Advance GDP data showed the U.S. economy grew at an annualized 3.0% in the second quarter of 2025, a sharp rebound from the previous quarter's 0.5% contraction and well above the 2.4% consensus, powered by strong consumer spending and a decline in imports. 
In the labor market, private payrolls rose by 104,000 in July, the strongest gain since March and a solid beat on the 75,000 forecast—reversing a contraction in June. 
Commodities were in focus as WTI crude extended its rally, surging 1.5% on the day to hit $70 a barrel, driven by geopolitical tensions following Trump's new 10-day ultimatum to Russia over peace talks with Ukraine. The three-day gain now totals over 8%.
Gold slipped 1% to $3,290 per ounce as the U.S. dollar strengthened on the back of robust economic data. Meanwhile, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) held steady around $118,000.
<h3 class="wp-block-heading">Wednesday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,257.27</td>
<td>0.6%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>23,396.45</td>
<td>0.4%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,384.59</td>
<td>0.2%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,654.85</td>
<td>0.0%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 12:05 p.m. ET</figcaption></figure>
According to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a> data:
<ul class="wp-block-list">
<li>The&nbsp;Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) inched 0.1% higher to $584.81.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) flattened at $446.50.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;rose 0.3% to $569.07.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rallied 0.7% to $224.19.</li>
<li>The&nbsp;Utilities&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) outperformed, up 1%; the&nbsp;Energy&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) lagged, down 1%.</li>
</ul>
<h2 class="wp-block-heading">Wednesday&#8217;s Stock Movers</h2>
<ul class="wp-block-list">
<li>Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) climbed 2.3%, poised to break a seven-day losing streak, after JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) announced a partnership with the crypto exchange that will allow Chase credit card holders to fund their Coinbase wallets and purchase cryptocurrencies. </li>
<li>Stocks moving on earnings reports included: 
<ul class="wp-block-list">
<li>Visa Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) up 0.8%</li>
<li>UnitedHealth Group Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) flat</li>
<li>Booking Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>) up 1.2%</li>
<li>Automatic Data Processing, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADP#NASDAQ">ADP</a>) up 1.9%</li>
<li>Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) up 0.7%</li>
<li>Altria Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MO#NYSE">MO</a>) up 2.0%</li>
<li>Trane Technologies plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TT#NYSE">TT</a>) down 7.8%</li>
<li>Mondelez International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDLZ#NASDAQ">MDLZ</a>) down 6.0%</li>
<li>Illinois Tool Works Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITW#NYSE">ITW</a>) down 2.0%</li>
<li>Republic Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSG#NYSE">RSG</a>) down 5.0%</li>
<li>American Electric Power Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>) up 3.8%</li>
<li>Vertiv Holdings Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>) up 1.6%</li>
<li>Garmin Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRMN#NYSE">GRMN</a>) down 5.5%</li>
<li>Electronic Arts Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) up 7.2%</li>
<li>Entergy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETR#NYSE">ETR</a>) up 3.2%</li>
<li>Verisk Analytics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRSK#NASDAQ">VRSK</a>) down 4.8%</li>
<li>The Hershey Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSY#NYSE">HSY</a>) up 2.3%</li>
<li>WEC Energy Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>) up 0.5%</li>
<li>Tradeweb Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TW#NASDAQ">TW</a>) up 4.9%</li>
<li>GE HealthCare Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GEHC#NASDAQ">GEHC</a>) down 4.9%</li>
<li>Arch Capital Group Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACGL#NASDAQ">ACGL</a>) down 1.0%</li>
<li>Old Dominion Freight Line, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODFL#NASDAQ">ODFL</a>) down 8.8%</li>
<li>Humana Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUM#NYSE">HUM</a>) up 7.4%</li>
<li>Expand Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPN#NASDAQ">EXPN</a>) up 5.1%</li>
<li>Smurfit Westrock plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMUR#NYSE">SMUR</a>) down 2.1%</li>
<li>PPG Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPG#NYSE">PPG</a>) down 4.9%</li>
<li>Teva Pharmaceutical Industries Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEVA#NYSE">TEVA</a>) up 3.6%</li>
<li>Essex Property Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESS#NYSE">ESS</a>) down 4.7%</li>
<li>Teradyne, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TER#NASDAQ">TER</a>) up 21.2%</li>
<li>Fortive Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTV#NYSE">FTV</a>) up 0.9%</li>
</ul>
</li>
</ul>
<h2 class="wp-block-heading">Stocks slated to report earnings after the close:</h2>
<ul class="wp-block-list">
<li>Albemarle Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALB#NYSE">ALB</a>)</li>
<li>American Water Works Company, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AWK#NYSE">AWK</a>)</li>
<li>Antero Resources Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AR#NYSE">AR</a>)</li>
<li>AvalonBay Communities, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVB#NYSE">AVB</a>)</li>
<li>Bausch Health Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHC#NYSE">BHC</a>)</li>
<li>C.H. Robinson Worldwide, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHRW#NASDAQ">CHRW</a>)</li>
<li>Carvana Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>)</li>
<li>Cognizant Technology Solutions Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTSH#NASDAQ">CTSH</a>)</li>
<li>Confluent, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CFLT#NASDAQ">CFLT</a>)</li>
<li>DexCom, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXCM#NASDAQ">DXCM</a>)</li>
<li>eBay Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EBAY#NASDAQ">EBAY</a>)</li>
<li>Equinix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EQIX#NASDAQ">EQIX</a>)</li>
<li>Everest Group, Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EG#NYSE">EG</a>)</li>
<li>Extra Space Storage Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXR#NYSE">EXR</a>)</li>
<li>F5, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIV#NASDAQ">FFIV</a>)</li>
<li>Fair Isaac Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FICO#NYSE">FICO</a>)</li>
<li>FirstEnergy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FE#NYSE">FE</a>)</li>
<li>Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>)</li>
<li>GFL Environmental Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFL#NYSE">GFL</a>)</li>
<li>Guardant Health, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GH#NASDAQ">GH</a>)</li>
<li>Hologic, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLX#NASDAQ">HOLX</a>)</li>
<li>Host Hotels &amp; Resorts, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HST#NASDAQ">HST</a>)</li>
<li>Independence Realty Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IRT#NYSE">IRT</a>)</li>
<li>Invitation Homes Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INVH#NYSE">INVH</a>)</li>
<li>Lam Research Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>)</li>
<li>Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)</li>
<li>MGM Resorts International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>)</li>
<li>Mid-America Apartment Communities, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAA#NYSE">MAA</a>)</li>
<li>Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)</li>
<li>Public Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSA#NYSE">PSA</a>)</li>
<li>Prudential Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>)</li>
<li>PTC Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NASDAQ">PTC</a>)</li>
<li>QUALCOMM Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>)</li>
<li>Sprouts Farmers Market, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFM#NASDAQ">SFM</a>)</li>
<li>The Allstate Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALL#NYSE">ALL</a>)</li>
<li>Tyler Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>)</li>
<li>UDR, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UDR#NYSE">UDR</a>)</li>
<li>Ventas, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTR#NYSE">VTR</a>)</li>
<li>VICI Properties Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VICI#NYSE">VICI</a>)</li>
<li>Western Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>)</li>
</ul>
Now Read
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/economic-data/25/07/46720292/us-gdp-q2-economy-us-trump-fed-interest-rates-dollar">US Economy Roars Back With 3% Growth, Handing Trump A Timely Victory </a></li>
</ul>
Image: Shutterstock

Large Cap

Macro Economic Events

Economics

Tech

ETFs

ACGL

BKNG

CFLT

CHRW

CTSH

CVNA

SPDR Dow Jones Industrial Average ETF Trust

DXCM

EBAY

EQIX

EXPN

FFIV

FICO

GEHC

GRMN

HOLX

INVH

LRCX

MDLZ

ODFL

QCOM

SBUX

SMUR

TEVA

VICI

VRSK

Stocks Rise Ahead Of Fed Meeting, Oil Jumps To $70: What's Moving Markets Wednesday?

<a href="https://www.bloomberg.com/news/articles/2025-07-30/jpmorgan-s-planned-fees-for-consumer-data-roils-crypto-fintechs?embedded-checkout=true">https://www.bloomberg.com/news/articles/2025-07-30/jpmorgan-s-planned-fees-for-consumer-data-roils-crypto-fintechs?embedded-checkout=true</a>

General

'JPMorgan Reopens Fight With Fintechs, Crypto Over Fees for Customer Data'- Bloomberg

JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46677711/anthony-scaramucci-says-itll-be-a-big-deal-if-jamie-dimon-led-jpmorgan-allows-lending-against-bitcoin">the largest U.S. bank with over $4 trillion in assets</a>, has partnered with Coinbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) to roll out a suite of crypto access features for its 80 million-plus customers, the companies announced on July 30.
What Happened: Under the partnership, JPMorgan customers will soon be able to:
<ul class="wp-block-list">
<li>Use Chase credit cards to fund Coinbase purchases,</li>
<li>Redeem Chase Ultimate Rewards points for USDC, a U.S. dollar-pegged stablecoin, and</li>
<li>Link Chase bank accounts directly to Coinbase for streamlined crypto transactions.</li>
</ul>
Coinbase <a href="https://www.coinbase.com/en-gb/blog/Coinbase-and-JPMorgan-Chase-join-forces-to-make-it-even-easier-to-access-crypto">says</a> the rollout will begin in fall 2025, with points-to-USDC redemption and bank integration scheduled for 2026.
This collaboration signals growing comfort among major financial institutions in offering regulated access to crypto services. 
Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46718377/could-the-short-dollar-trade-tank-bitcoin-analysts-say-it-might-under-one-condition">Could The &#8216;Short Dollar&#8217; Trade Tank Bitcoin? Analysts Say It Might—Under One Condition</a>
Why It Matters: JPMorgan has previously maintained a cautious but steadily evolving approach to the crypto sector.
CEO Jamie Dimon has publicly criticized Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) in the past, but under his leadership, the firm has gradually integrated blockchain solutions and participated in digital asset pilots via Onyx, its blockchain division. 
In 2020, JPMorgan began providing banking services to Coinbase and Gemini, signaling an early move into the crypto sector. 
In May 2025, the bank settled its first transaction on a public blockchain, partnering with Chainlink (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/link/usd">LINK</a>) and Ondo Finance (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">ONDO</a>). 
In June 2025, JPMorgan launched JPMD, a deposit token on Coinbase's Base blockchain, designed for institutional clients to facilitate 24/7 settlements and cross-border payments.
The partnership with Coinbase, the largest publicly traded U.S. crypto exchange, brings JPMorgan's retail clients into direct contact with crypto markets through stablecoins, credit integration, and loyalty rewards.
The new program will allow users to convert Chase Ultimate Rewards into USDC on Coinbase's Layer 2 network, Base, marking the first time a major U.S. rewards program has enabled point-to-crypto conversion.
Coinbase described the collaboration as part of its broader effort to bridge traditional finance with crypto, offering seamless onramps for millions of users.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46717789/10-million-for-a-synthetic-dollar-whats-behind-trump-backed-world-liberty-financials-stablecoin-plans">$10 Million For A Synthetic Dollar: What&#8217;s Behind Trump-Backed World Liberty Financial&#8217;s Stablecoin Plans?</a></li>
</ul>
Image: Shutterstock

JPMorgan Partners With Coinbase To Expand Crypto Access For 80M Customers

New direct bank-to-wallet link, Chase Ultimate Rewards transfer, and the ability to use Chase credit cards, will give users more ways than ever to get into crypto
Today, JPMorganChase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) and Coinbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) announced a strategic partnership that sets a new standard for customer choice and security in the innovation economy. This collaboration introduces features designed to enhance access and optionality for our mutual customers.
The initial phase of the partnership includes new features for mutual customers, including:
<ul>
<li>Direct Bank-to-Wallet Connection: Through JPMorgan's secure API, Chase customers will be able to seamlessly link their bank accounts to Coinbase wallets. This direct connection will help mutual customers transact with the confidence, security, and privacy they're used to as customers of Chase.</li>
<li>Transfer of Chase Ultimate Rewards Points: Chase customers will be able to transfer their Chase Ultimate Rewards points to their Coinbase Account at one-to-one redemption ratio (100 points equals $1.00 in redemption value). This marks the first time a major credit card rewards program will be used to fund a crypto wallet.</li>
<li>Beginning this Fall, the ability to use Chase credit cards on Coinbase: For the first time,customers will have the ability to fund their Coinbase accounts using Chase credit cards.</li>
</ul>
We expect these direct bank-to-wallet and Ultimate Rewards features to go live in 2026, and the ability to use credit cards to fund a Coinbase account in Fall 2025.

JPMorgan And Coinbase Partner To Launch Direct Bank-To-Wallet Transfers, Chase Rewards-To-Crypto Conversions, And Credit Card Funding

Ernest C. Garcia II, a major shareholder in Carvana Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), has sold shares worth $33.5 million.
What Happened: Garcia, who is a 10% owner of Carvana, sold 91,332 shares of Class A Common Stock on July 25 and July 28, 2025, for approximately $33.5 million, <a href="https://in.investing.com/news/insider-trading-news/carvanas-garcia-sells-335-million-in-shares-93CH-4933369">reported</a> Investing.com on Tuesday.
The shares were sold in multiple transactions, with prices ranging from $332.95 to $339.35 on July 25 and $333.72 to $338.45 on July 28. These sales were executed under a Rule 10b5-1 trading plan that was established by Ernest C. Garcia II and Elizabeth Joanne Garcia on Dec. 13, 2024.
On both July 25 and July 28, Garcia converted 50,000 Class A Common Units into Class A Common Stock. Carvana is currently trading at a price-to-earnings (P/E) ratio of 106, signaling strong growth expectations from investors.
Garcia's stock sale comes as Carvana rolls out several positive initiatives, including plans to expand its operations by adding Inspection and Reconditioning Center capabilities at its ADESA Seattle auction site. 
This expansion is expected to boost the company's nationwide reconditioning capacity, serving both retail and wholesale customers across the Pacific Northwest.
See Also: <a href="https://benzinga.com/markets/cryptocurrency/25/04/44708344/21shares-launches-dogecoin-fund-backed-by-dogecoin-foundation" target="_blank" rel="noopener">21Shares Launches Dogecoin Fund Backed By Dogecoin Foundation</a>
Why It Matters: Carvana&#8217;s stock has seen a remarkable 165.42% return over the past year, with the company now commanding a market capitalization of $72.06 billion.
Despite the recent share sales, Carvana&#8217;s stock has been <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/07/46324594/usedcar-boom-prices-supercharging-carvana-autonation-stocks">performing exceptionally well</a>.
Analysts have also <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/03/44420425/carvana-can-grow-amazon-auto-limited-analysts">shown confidence in Carvana&#8217;s future</a>, with firms like Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), and Stephens raising their price targets for the company, citing stronger-than-expected sales data and operational expansions.
Research firm BTIG also maintained a Buy rating with a $395 price target, noting that Carvana's vehicle discounting has returned to pre-tariff scare levels.
Price Action: Carvana shares inched up 0.05% on Tuesday, closing at $336.50, and rose another 0.15% in premarket trading on Wednesday, according to <a href="http://pro.benzinga.com/">Benzinga Pro data</a>.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://benzinga.com/markets/macro-economic-events/25/07/46687133/china-risks-losing-488-billion-in-us-exports-without-trade-deal-protectionism-doesn" target="_blank" rel="noopener">China Risks Losing $488 Billion In US Exports Without Trade Deal: &#8216;Protectionism Doesn&#8217;t Protect&#8230;&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Markets

Ernest Garcia II Sells $33.5 Million Worth Of Carvana Stock Amid 165% Rally

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AMBC</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$13.00</td>
<td>$25.3K</td>
<td>11.0K</td>
<td>6.0K</td>
</tr>
<tr>
<td>V</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/29/25</td>
<td>$375.00</td>
<td>$27.8K</td>
<td>68</td>
<td>3.7K</td>
</tr>
<tr>
<td>C</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/01/25</td>
<td>$94.00</td>
<td>$26.7K</td>
<td>1.7K</td>
<td>1.9K</td>
</tr>
<tr>
<td>JPM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/01/25</td>
<td>$295.00</td>
<td>$50.5K</td>
<td>1.4K</td>
<td>1.3K</td>
</tr>
<tr>
<td>BULL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$20.00</td>
<td>$59.5K</td>
<td>2.9K</td>
<td>889</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$400.00</td>
<td>$47.3K</td>
<td>5.7K</td>
<td>646</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/01/25</td>
<td>$725.00</td>
<td>$62.5K</td>
<td>398</td>
<td>323</td>
</tr>
<tr>
<td>BK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$100.00</td>
<td>$62.0K</td>
<td>1.5K</td>
<td>244</td>
</tr>
<tr>
<td>PGR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/19/25</td>
<td>$250.00</td>
<td>$59.3K</td>
<td>497</td>
<td>220</td>
</tr>
<tr>
<td>SOFI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$10.00</td>
<td>$68.5K</td>
<td>5.7K</td>
<td>199</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding AMBC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMBC#NYSE">AMBC</a>), we observe a call option trade with neutral sentiment. It expires in 171 day(s) on January 16, 2026. Parties traded 725 contract(s) at a $13.00 strike. The total cost received by the writing party (or parties) was $25.3K, with a price of $35.0 per contract. There were 11000 open contracts at this strike prior to today, and today 6001 contract(s) were bought and sold. 
• For V (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>), we notice a call option trade that happens to be bearish, expiring in 31 day(s) on August 29, 2025. This event was a transfer of 139 contract(s) at a $375.00 strike. The total cost received by the writing party (or parties) was $27.8K, with a price of $200.0 per contract. There were 68 open contracts at this strike prior to today, and today 3778 contract(s) were bought and sold. 
• Regarding C (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), we observe a put option sweep with bearish sentiment. It expires in 3 day(s) on August 1, 2025. Parties traded 495 contract(s) at a $94.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $54.0 per contract. There were 1725 open contracts at this strike prior to today, and today 1973 contract(s) were bought and sold. 
• Regarding JPM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), we observe a put option sweep with bearish sentiment. It expires in 3 day(s) on August 1, 2025. Parties traded 500 contract(s) at a $295.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $50.5K, with a price of $101.0 per contract. There were 1433 open contracts at this strike prior to today, and today 1365 contract(s) were bought and sold. 
• Regarding BULL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BULL#NASDAQ">BULL</a>), we observe a call option trade with bearish sentiment. It expires in 535 day(s) on January 15, 2027. Parties traded 147 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $59.5K, with a price of $405.0 per contract. There were 2934 open contracts at this strike prior to today, and today 889 contract(s) were bought and sold. 
• For COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we notice a call option sweep that happens to be bullish, expiring in 143 day(s) on December 19, 2025. This event was a transfer of 10 contract(s) at a $400.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $47.3K, with a price of $4737.0 per contract. There were 5757 open contracts at this strike prior to today, and today 646 contract(s) were bought and sold. 
• For GS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), we notice a call option trade that happens to be bearish, expiring in 3 day(s) on August 1, 2025. This event was a transfer of 50 contract(s) at a $725.00 strike. The total cost received by the writing party (or parties) was $62.5K, with a price of $1250.0 per contract. There were 398 open contracts at this strike prior to today, and today 323 contract(s) were bought and sold. 
• Regarding BK (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BK#NYSE">BK</a>), we observe a call option trade with bearish sentiment. It expires in 17 day(s) on August 15, 2025. Parties traded 200 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $62.0K, with a price of $310.0 per contract. There were 1538 open contracts at this strike prior to today, and today 244 contract(s) were bought and sold. 
• Regarding PGR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PGR#NYSE">PGR</a>), we observe a call option trade with neutral sentiment. It expires in 52 day(s) on September 19, 2025. Parties traded 106 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $59.3K, with a price of $560.0 per contract. There were 497 open contracts at this strike prior to today, and today 220 contract(s) were bought and sold. 
• Regarding SOFI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>), we observe a call option sweep with bearish sentiment. It expires in 52 day(s) on September 19, 2025. Parties traded 50 contract(s) at a $10.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $68.5K, with a price of $1370.0 per contract. There were 5706 open contracts at this strike prior to today, and today 199 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AMBC

BULL

SOFI

10 Financials Stocks With Whale Alerts In Today's Session

JPMorgan Chase &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) is in late-stage negotiations to take over Apple Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) credit card partnership from Goldman Sachs Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), according to a Wall Street Journal <a href="https://www.wsj.com/finance/banking/jpmorgan-chase-nears-a-deal-to-take-over-apples-credit-card-program-0bbcdda8">report</a>. 
What To Know: The discussions, which began in early 2024, have reportedly accelerated, with JPMorgan emerging as Apple&#8217;s preferred successor.
While no deal is finalized, a potential agreement would grant America&#8217;s largest bank access to Apple&#8217;s vast and loyal customer base, creating significant opportunities to cross-sell other financial products and services. 
For Apple, leveraging JPMorgan&#8217;s extensive consumer banking infrastructure could enhance its ability to offer financing and payment solutions for its popular devices.
What Else: The Apple Card is a <a href="https://www.benzinga.com/topic/apple-card">credit card</a> created by Apple, designed for seamless use with Apple Pay and the Apple Wallet on iPhones and other Apple devices. Launched in 2019, it is known for features like daily cash back, no annual or late fees and user-friendly financial tracking tools integrated directly into the Wallet app.
The program was launched in a high-profile partnership with Goldman Sachs, which served as the issuing bank. This marked a major foray into consumer finance for Goldman Sachs. 
However, the venture has reportedly been <a href="https://www.benzinga.com/markets/25/04/44601859/visa-offers-100-million-to-secure-apple-card-network-in-a-bid-to-outdo-mastercard-report">challenging</a> for the investment bank, leading to significant financial losses and prompting its desire to exit the consumer lending space. This has paved the way for a new financial partner, potentially JPMorgan, to take over the program.
Benzinga Edge Rankings: According to <a href="http://benzinga.grsm.io/register174">Benzinga Edge</a> stock rankings, which evaluate companies on four key metrics, JPMorgan demonstrates exceptional strength in Momentum and Growth, with high scores of 83.14 and 84.34, respectively. 
This data suggests the stock has strong positive price trends and robust growth fundamentals. The company receives a moderate Quality score of 55.42.
Price Action: According to data from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, JPM shares are trading marginally lower at $297.97 Tuesday morning. The stock has a 52-week high of $301.29 and a 52-week low of $190.90.
Read Also: <a href="https://www.benzinga.com/markets/earnings/25/07/46687402/paypals-profit-surge-dwarfed-by-q2-transaction-slump-stock-falls">PayPal&#8217;s Profit Surge Dwarfed By Q2 Transaction Slump, Stock Falls</a>
<h2 class="wp-block-heading">How To Buy JPM Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in JPMorgan Chase&#8217;s case, it is in the Financials sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
Image: Shutterstock

AAPL

JPMorgan In Advanced Talks To Take Over Apple Card Program: Report

<a href="https://www.wsj.com/finance/banking/jpmorgan-chase-nears-a-deal-to-take-over-apples-credit-card-program-0bbcdda8" title="https://www.wsj.com/finance/banking/jpmorgan-chase-nears-a-deal-to-take-over-apples-credit-card-program-0bbcdda8">https://www.wsj.com/finance/banking/jpmorgan-chase-nears-a-deal-to-take-over-apples-credit-card-program-0bbcdda8</a>

'JPMorgan Chase Nears a Deal to Take Over Apple's Credit-Card Program; Discussions Between The Country's Biggest Bank And Apple Accelerated In Recent Months' - WSJ Exclusive

Anthony Scaramucci, the founder of&nbsp;SkyBridge Capital, said Monday that JPMorgan Chase &amp; Co.&#8217;s&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) reported plan to&nbsp;allow clients to borrow against&nbsp;their Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) holdings has the potential to change the financial dynamics of the leading cryptocurrency.
What Happened: In an X post, Scaramucci described the banking behemoth&#8217;s reported plans to offer loans backed by Bitcoin as a &#8220;big deal.&#8221; He said the current Bitcoin market hasn&#8217;t been fully tapped for traditional financial mechanisms such as loans.
&#8220;Imagine how much houses would be worth in a world with no mortgages. That's the reality we've been living in with Bitcoin, but that's about to change,&#8221; Scaramucci stated.
Scaramucci also highlighted the potential for large holders to swap Bitcoin for exchange-traded fund shares without realizing capital gains tax, should the SEC approve <a href="https://www.benzinga.com/etfs/specialty-etfs/25/01/43249653/nasdaqs-bitcoin-etf-shift-could-strengthen-blackrocks-market-position">in-kind creation and redemption</a>.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Imagine how much houses would be worth in a world with no mortgages. That's the reality we've been living in with <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a>, but that's about to change &#8211; and it's a big deal. JPMorgan is set to soon allow clients to borrow against their Bitcoin holdings, according to FT. When/if…
&mdash; Anthony Scaramucci (@Scaramucci) <a href="https://twitter.com/Scaramucci/status/1949936183712133290?ref_src=twsrc%5Etfw">July 28, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Journalist Andrew Feinberg questioned Scaramucci&#8217;s argument, suggesting that this benefits wealthy early adopters and rich whales more than average investors who lack liquidity to invest in Bitcoin.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">So you're saying a small group of very lucky early adopting whales and wealthy folks such as yourself are going to get yet another benefit not available to your average retirement investor who hasn't been able to play around with bitcoin because they don't have spare liquidity?
&mdash; Andrew Feinberg (@AndrewFeinberg) <a href="https://twitter.com/AndrewFeinberg/status/1949967539854877095?ref_src=twsrc%5Etfw">July 28, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Another X user, Mr. Yo, reminded everyone about the <a href="https://www.benzinga.com/25/04/44777263/ray-dalio-who-predicted-the-2008-financial-crisis-warns-about-recession-as-us-china-tariff-war-escalates">2008 housing crisis</a>, suggesting that leveraging Bitcoin could create a new bubble.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Remind me again how the Great recession of 2008 started for the people in the back who weren&#39;t paying attention? It was the housing bubble right? <a href="https://t.co/uQDtaBA9nP">pic.twitter.com/uQDtaBA9nP</a>
&mdash; Mr. Yo (@mrnaeem) <a href="https://twitter.com/mrnaeem/status/1949938299377754592?ref_src=twsrc%5Etfw">July 28, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/07/46653821/ray-dalio-says-15-in-bitcoin-or-gold-may-be-essential-as-fiat-currencies-face-devaluation-r" target="_blank" rel="noreferrer noopener">Ray Dalio Says 15% In Bitcoin Or Gold May Be Essential As Fiat Currencies Face Devaluation Risks</a>
Why It Matters:&nbsp;JP Morgan is reportedly preparing to offer <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46543876/jamie-dimon-once-called-bitcoin-a-fraud-now-jpmorgan-might-lend-against-it">loans backed by cryptocurrencies</a> such as Bitcoin and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), although official announcements have yet to be made. This initiative could begin as early as next year, but details remain under review and subject to change.
Notably,&nbsp;CEO Jamie Dimon&nbsp;has been a <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42869884/jamie-dimon-questioned-bitcoins-21-million-cap-years-before-blackrock-heres-how-much-youd-have-if-you-invested-1000-into-btc-when-jpmorgan-ceo-shared-his-take">vocal critic of Bitcoin</a>, labeling the asset a &#8220;fraud.&#8221; Despite this criticism, he has indicated support for client liberty in digital asset investing.
Price Action:&nbsp;&nbsp;At the time of writing, BTC was exchanging hands at $118,213, down 0.81% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Shares of JPMorgan were down 0.06% in after-hours trading after closing 0.11% lower at $298.28&nbsp;during Monday's regular trading session.&nbsp;
JPM ranked high on the Momentum and Growth metrics as of this writing. For similar information on other big banking stocks, check out the&nbsp;<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Benzinga Edge Stock Rankings</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="432" height="181" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/28213721/image-433.png" alt="" class="wp-image-1004189" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/28213721/image-433.png 432w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/28213721/image-433-300x126.png 300w" sizes="(max-width: 432px) 100vw, 432px" /></a></figure>
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://benzinga.com/crypto/cryptocurrency/25/07/46612914/bitcoin-could-go-to-300000-before-great-depression-crisis-traders-argue" target="_blank" rel="noreferrer noopener">Bitcoin Could Go To $300,000 Before &#8216;Great Depression&#8217; Crisis, Traders Argue</a></li>
</ul>
Anthony Scaramucci &#x7C; Photo courtesy: Al Teich / Shutterstock.com
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

$ETH

Anthony Scaramucci Says It'll Be A 'Big Deal' If Jamie Dimon-Led JPMorgan Allows Lending Against Bitcoin

<a href="https://www.cnbc.com/2025/07/28/jpmorgan-fintech-middlemen-plaid-data-requests-taxing-systems.html">https://www.cnbc.com/2025/07/28/jpmorgan-fintech-middlemen-plaid-data-requests-taxing-systems.html</a>

'JPMorgan says fintech middlemen like Plaid are 'massively taxing' its systems with unnecessary pings'- CNBC

Citigroup Inc.&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) new Strata Elite credit card will be launched on Monday, which will be competing against JPMorgan Chase &amp; Co.&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) Chase Sapphire Reserve and American Express Co.&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) Platinum cards.
Check out Citi&#8217;s latest <a href="https://www.benzinga.com/quote/C">stock price here</a>.
<h2 class="wp-block-heading">Citi&#8217;s Strata Elite</h2>
<ul class="wp-block-list">
<li>Citi&#8217;s new Strata Elite enters the premium card market with a $595 annual fee, aiming for straightforward travel rewards.</li>
</ul>
<ul class="wp-block-list">
<li>It offers high multipliers on dining/food delivery weekends, a $300 hotel credit, and a $200 &#8220;splurge&#8221; credit, plus American Airlines Admirals Club passes.</li>
</ul>
<ul class="wp-block-list">
<li>Its appeal is simplicity for frequent travelers, contrasting with rivals&#8217; increasingly complex perks.</li>
</ul>
<h2 class="wp-block-heading">JPMorgan&#8217;s Chase Sapphire Reserve</h2>
<ul class="wp-block-list">
<li>JPMorgan Chase&#8217;s Sapphire Reserve, now at a $795 annual fee, emphasizes high-value travel and dining rewards.</li>
</ul>
<ul class="wp-block-list">
<li>It offers 3x points on travel/dining, higher multiples via the Chase Travel portal, robust travel protections, and Priority Pass Select.</li>
</ul>
<ul class="wp-block-list">
<li>It balances strong earnings with flexible redemptions, appealing to serious travelers and foodies.</li>
</ul>
<h2 class="wp-block-heading">Amex Platinum Card</h2>
<ul class="wp-block-list">
<li>The American Express Platinum, with a $695 annual fee, focuses on a broader lifestyle approach.</li>
</ul>
<ul class="wp-block-list">
<li>It provides extensive lounge access (including Centurion Lounges) and a wide array of statement credits for various services, though these require active management to maximize.</li>
</ul>
<ul class="wp-block-list">
<li>Its strength lies in diverse luxury benefits and 5x points on flights.</li>
</ul>
See Also: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46513468/bitcoin-miner-iren-could-surge-1572-as-sotp-valuation-pegs-300-target-hedge-fund-manager-eric-jackson-says-were-cooking-with-gas" target="_blank" rel="noreferrer noopener">Bitcoin Miner IREN Could Surge 1,572% As SOTP Valuation Pegs $300 Target — Hedge Fund Manager Eric Jackson Says, ‘We're Cooking With Gas'</a>
Why It Matters: This comes as credit-card issuers increasingly focus on high-net-worth individuals, who are more likely to pay steep annual fees and maintain healthy balances, offering significant revenue potential beyond just interest.
Citi&#8217;s push into this segment aligns with its broader strategy to expand its credit card footprint and deepen relationships with wealthier clientele.
The head of U.S. personal banking at Citi, Gonzalo Luchetti, <a href="https://www.wsj.com/finance/banking/citi-rolls-out-a-new-premium-card-in-fight-for-affluent-customers-e3b106c4">told</a> the Wall Street Journal that &#8220;pricing definitely has moved up over time, and people are willing to take on greater fees.&#8221; 
Price Action: The shares of Citigroup ended 0.71% higher at $96.07 apiece on Friday, and it rose 37.36% on a year-to-date basis. The stock has gained 49.41% over the last year.
Benzinga's Edge Stock Rankings indicate that Citi maintains solid momentum across short, medium, and long-term periods. However, while the stock scores well on growth rankings, its quality rating remains relatively weak. Additional performance details are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here</a>.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="163" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/28014547/Citi-Edge-1024x163.png" alt="" class="wp-image-1002644" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/28014547/Citi-Edge-1024x163.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/28014547/Citi-Edge-300x48.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/28014547/Citi-Edge-768x122.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/28014547/Citi-Edge.png 1156w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, ended higher on Friday. The SPY was up 0.42% at $637.10, while the QQQ advanced 0.24% to $566.37, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
On Monday, the futures of the Dow Jones, S&amp;P 500, and Nasdaq 100 indices were trading higher.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/07/46627476/riot-platforms-poised-for-gme-style-squeeze-analysts-point-to-high-short-interest-golden-cross">Riot Platforms Poised For GME-Style Squeeze? Analysts Point To High Short Interest, Golden Cross</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Personal Finance

Citi Strata Elite Credit Card Launched To Attract Affluent Customers: Here's How It Stacks Up Against Amex Platinum, JPMorgan Chase Sapphire Reserve

The CEO of&nbsp;JPMorgan Chase &amp; Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>),&nbsp;Jamie Dimon, recently shared a personal anecdote about the day he was fired from Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) and the impact it had on his family and career.
What Happened: Dimon was unexpectedly asked to resign from his position at Citigroup in 1998, where he was the President, a moment that he described as a turning point in his career, during the Acquired Podcast last week.
Dimon was hosting potential candidates at his New York City apartment on a Sunday afternoon when he was summoned for a meeting with Citigroup&#8217;s Sandy Weill and John Reed. The executives asked Dimon to resign amidst some structural changes to the team, a decision that initially made no sense to him.
During the podcast, Dimon recalled how he broke the news to&nbsp;his wife and three young&nbsp;daughters at home, who were 14, 12, and 10 at the time. &#8220;Daddy&#8230;do we have to sleep on the streets?&#8221; asked his youngest daughter, to which Dimon said, &#8220;No, no, we&#8217;re we&#8217;re okay.&#8221;&nbsp;
The middle daughter asked if she could continue going to college, while the eldest one asked for Dimon&#8217;s phone, saying &#8220;Great. Since you don&#8217;t need it, can I have your cell phone?
Following his dismissal, Dimon&#8217;s apartment was filled&nbsp;with about 50 senior managers&nbsp;from Citibank to mark&nbsp;his departure. 
&#8220;I tell people it was my net worth, not my self-worth, that was involved,&#8221; said the JPMorgan CEO.
SEE ALSO:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/07/46612914/bitcoin-could-go-to-300000-before-great-depression-crisis-traders-argue" target="_blank" rel="noreferrer noopener">Bitcoin Could Go To $300,000 Before &#8216;Great Depression&#8217; Crisis, Traders Argue &#8211; Benzinga</a>
Why It Matters: Dimon&#8217;s career trajectory has been marked by notable turning points. After his <a href="https://www.benzinga.com/markets/tech/25/07/46511576/jamie-dimon-reveals-a-coffee-table-chat-with-jeff-bezos-in-1999-that-almost-made-him-never-wear-a-suit-againlive-on-a-houseboat">dismissal </a>from Citigroup, Dimon had a close encounter with the tech industry. In 1999, he had a conversation with Amazon.com Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Jeff Bezos that nearly <a href="https://www.benzinga.com/markets/tech/25/07/46511576/jamie-dimon-reveals-a-coffee-table-chat-with-jeff-bezos-in-1999-that-almost-made-him-never-wear-a-suit-againlive-on-a-houseboat">swayed him </a>away from Wall Street. However, Dimon later invested half of his net worth in Bank One, purchasing $60 million in stock, a move that paved the way for JPMorgan&#8217;s top job.
Dimon&#8217;s early experiences in the stock market also shaped his approach to <a href="https://www.benzinga.com/personal-finance/management/25/07/46488893/at-14-jamie-dimon-owned-his-first-stock-watched-a-45-market-crash-only-to-learn-this-investment-lesson-history-does-rhyme">risk management</a>. At 14, he bought his first stock and witnessed a 45% market crash within two years, a lesson that taught him to always factor in invisible risks.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="The Jamie Dimon Interview: How JP Morgan Became an $800 Billion Bank" width="500" height="281" src="https://www.youtube.com/embed/AR_1IPhzAtU?start=2124&#038;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
READ MORE:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/politics/25/07/46594615/jamie-dimons-jpmorgan-bofa-under-congressional-scrutiny-over-tesla-battery-supplier-catls-mega-ipo-report">Jamie Dimon&#8217;s JPMorgan, BofA Under Congressional Scrutiny Over Tesla Battery Supplier CATL&#8217;s Mega IPO: Report</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

AMZN

When Jamie Dimon's Daughter Asked If They Have To 'Sleep On Streets' After He Was Fired From Citigroup: 'It Was My Net Worth, Not My Self-Worth...'

What if the next big story in finance isn&#8217;t about a single stock but the silent surge of a diverse group of S&amp;P 500 members quietly <a href="https://www.benzinga.com/topic/s-p-500">rewriting market records?</a>
On Thursday&#8217;s trading day, 38 S&amp;P 500 members reached new 52-week highs, CNBC pointed out. Notably, many of them reached heights not reached in decades, or even since their initial public offerings. From banking giants like Citigroup&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) to defense titans and even beauty stores, this disparate group heralds more than stock-specific breakthroughs. It&#8217;s working quietly to boost <a href="https://www.benzinga.com/etfs">several ETFs </a>with high concentrations of these soaring stocks.
Check out the current price of&nbsp;<a href="https://archive.ph/o/7OU5N/https://benzinga.com/quote/c" target="_blank" rel="noreferrer noopener">Citigroup stock here</a>.
If you&#8217;ve been holding out for indications of a general market comeback, the tape just provided one. And ETFs, those talented, underappreciated vehicles, are along for the ride. 
Of course, we cannot begin the discussion without mentioning SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), the standard bearer for S&amp;P 500 Index performance. This fund, along with another favorite, Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) are slightly up on Thursday. These funds mirror the performance of the S&amp;P 500 Index.
Also Read: <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/07/46610320/this-overlooked-trigger-could-send-stocks-even-higher">This Overlooked Trigger Could Send Stocks Even Higher</a>
<h2 class="wp-block-heading">Bank Stocks: Betting On All-Time Highs</h2>
JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) hovered at record highs, breaking previous levels since its 1983 IPO. Citigroup, on the other hand, hit levels not seen since the pre-crisis time of November 2008. BlackRock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) came aboard, achieving its own record high since its 1999 IPO.
All three are top holdings in Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>), which has picked up pace in the wake of good Q2 earnings, increasing net interest margins, and expectations that Fed rate cuts are imminent than they seem. Vanguard Financials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFH#NYSE">VFH</a>) and iShares U.S. Financials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>) also provide exposure. 
<h2 class="wp-block-heading">Industrial Might: The Defense Trade Is Booming</h2>
Caterpillar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) broke its new all-time high, dating back to its NYSE listing in 1929. Additionally, General Dynamics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>) and Northrop Grumman (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) are soaring higher than they have at any point in their public market history.
The industrials sector has quietly been the place to be. Defense budgets remain resilient despite macro worries, and infrastructure plays like CAT are thriving amid robust demand and reshoring trends. Investors can tap into this trend via Industrial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>) or iShares U.S. Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>), both of which inched up on Thursday.
<h2 class="wp-block-heading">Beauty &amp; Bargains: Consumers Are Still Spending</h2>
Ulta Beauty (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) and Dollar Tree (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>) are not only surviving, but they&#8217;re thriving. Ulta hit levels not reached since April 2024, while Dollar Tree regained its June 2024 high. The message? Consumers are still swiping, even in a higher-for-longer rate environment.
VanEck Retail ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RTH#NASDAQ">RTH</a>) is capitalizing on these areas of unexpected strength in consumer spending. While technology grabs the spotlight, retail is the true dark horse of this earnings season. 
Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) continued its AI-driven rise, reaching new highs since its Avago IPO in 2009. 
These gains are trickling into VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>), and broad tech-oriented funds such as Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) and Vanguard Information Technology Index Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VGT#NYSE">VGT</a>). Even equal-weight exposure, such as RSP, is experiencing a stealthy boost as mega-cap dominance becomes diluted.
<h2 class="wp-block-heading">The ETF Takeaway</h2>
With 38 S&amp;P 500 stocks hitting 52-week highs in vastly different sectors, the trend no longer appears to be a fluke but rather the beginning of a larger momentum wave. The allure of ETFs is that they allow investors to participate in these trends without having to individually pick winners.
Should momentum persist, these ETFs should continue to rise, not in a flashy fashion but rather in the low-key, slow-burn way to wealth.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/etfs/new-etfs/25/07/46613442/pgim-targets-yield-hunters-with-3-new-corporate-bond-etfs-in-the-pipeline">PGIM Targets Yield Hunters With 3 New Corporate Bond ETFs In The Pipeline</a></li>
</ul>
Photo: LookerStudio on Shutterstock.com

Broad U.S. Equity ETFs

AVGO

DLTR

iShares Dow Jones US Aerospace & Defense Index Fund

iShares Dow Jones US Financial Sector Index Fund

Merrill Lynch Retail HOLDRS Trust due 12/31/41

ULTA

S&P 500 Stocks At 52-Week Highs? These ETFs Just Cashed In

Politics

Legal

Global

Reuters Issues Correction To Statement Saying House Of Representatives Chinese Select Committee Subpoenas JP Morgan, Bank Of America CEOs For Backing CATL; House Of Representatives Chinese Select Committee Says Executives Must Comply By August 8

The CEOs of&nbsp;JPMorgan&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) and&nbsp;Bank of America&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) have reportedly been subpoenaed by U.S. lawmakers over their roles in the IPO of a Chinese battery company.
What Happened: The House Select Committee on the Chinese Communist Party has called on JPMorgan and Bank of America to provide documents concerning their involvement in the IPO of Contemporary Amperex Technology (CATL), a major supplier of batteries to global electric vehicle manufacturers, including Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), <a href="https://www.wsj.com/finance/banking/lawmakers-subpoena-jpmorgan-and-bofa-over-ipo-of-chinese-battery-startup-83f20c0d?mod=hp_lead_pos10">reported</a> The Wall Street Journal.
The committee, focused on the national security threat posed by China, had earlier cautioned the banks about the "serious regulatory, financial, and reputational&#8221; risks of participating in the IPO of a company the Department of Defense had flagged for its military affiliations.
Despite the warning, JPMorgan and Bank of America went ahead with underwriting CATL's IPO, which raised $5.2 billion in May through the listing and an overallotment option that was fully exercised.
SEE ALSO:&nbsp;<a href="https://benzinga.com/news/politics/25/07/46565408/china-blocks-us-patent-official-from-leaving-mainland-days-after-exit-ban-on-wells-fargo-executive-" target="_blank" rel="noreferrer noopener">China Blocks US Patent Official From Leaving Mainland Days After &#8216;Exit Ban&#8217; On Wells Fargo Executive, Beijing Says It&#8217;s Lawful</a>
Why It Matters: The IPO of CATL, which is a major player in the global electric vehicle battery market, was a significant event. The company&#8217;s shares&nbsp;<a href="https://www.benzinga.com/25/05/45510669/tesla-supplier-catl-soars-125-in-46-billion-hong-kong-ipo">soared 12.5%</a>&nbsp;in their Hong Kong trading debut after raising $4.6 billion,&nbsp;making it the largest listing&nbsp;of the year. This IPO was a strong indication of market confidence in CATL, despite the ongoing U.S.-China trade tensions.
This incident also comes amid growing concerns over national security implications of US firms&#8217; involvement with Chinese companies. Earlier this month, Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) announced it would no longer use <a href="https://www.benzinga.com/markets/tech/25/07/46507658/microsoft-ends-china-based-tech-support-for-pentagon-projects-amid-national-security-backlash">China-based engineers </a>to provide technical support for U.S. military cloud services, following backlash from Washington and a revealing ProPublica report.
READ MORE:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/earnings/25/07/46592460/tesla-stock-drops-after-hours-analysts-lament-lack-of-clear-metrics-balance-sheet-pressure-and-legal-risks-elon-musk-gave-ton-of-ammunition-to-lawyers-suing-him">Tesla Stock Drops After-Hours, Analysts Lament Lack Of &#8216;Clear Metrics,&#8217; Balance Sheet Pressure And Legal Risks: Elon Musk Gave &#8216;Ton Of Ammunition&#8217; To Lawyers Suing Him</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

TSLA

Jamie Dimon's JPMorgan, BofA Under Congressional Scrutiny Over Tesla Battery Supplier CATL's Mega IPO: Report

Cathie Wood-led Ark Invest is betting on the transformative potential of smart contract Layer-1 tokens like Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) in decentralized finance, the company&#8217;s leading cryptocurrency analyst said on Wednesday.
What Happened: Lorenzo Valiente, Director of Research at Ark, described smart&nbsp;contract Layer-1 tokens as a &#8220;distinct and transformative asset class.&#8221;
He specifically discussed Ethereum, highlighting some of its properties, such as its ability to secure&nbsp;the on-chain economy via proof-of-stake,&nbsp;enable transactions and act&nbsp;as programmable collateral at the&nbsp;protocol layer.
&#8220;Given these unique properties, we're excited to explore purpose-built investment vehicles and strategies tailored to this emerging landscape,&#8221; Valiente said. Ark CEO Wood reposted his X post.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We think crypto, particularly smart contract L1 tokens, represents a distinct and transformative asset class. Ethereum stands out as foundational: it secures the on-chain economy via proof-of-stake, enables transactions, and acts as programmable collateral at the protocol layer.… <a href="https://t.co/8S7E22yH21">https://t.co/8S7E22yH21</a>
&mdash; Lorenzo Valente (@LorenzoARK) <a href="https://twitter.com/LorenzoARK/status/1948002026777976891?ref_src=twsrc%5Etfw">July 23, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also:&nbsp;<a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46579590/altcoin-speculation-surges-is-crypto-headed-for-a-leverage-fueled-meltdown">Altcoin Speculation Surges: Is Crypto Headed For A Leverage-Fueled Meltdown?</a>
Why It Matters: Valiente&#8217;s remarks come in the wake of Ark&#8217;s major equity investment in BitMine Immersion Technologies Inc. (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BMNR#AMEX">BMNR</a>), a Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46553678/cathie-wood-joins-crypto-heavyweights-in-backing-bitmines-ethereum-play">mining firm that recently transitioned</a> to an Ethereum-focused treasury strategy. Ark acquired nearly 4.8 million shares,&nbsp;valued at $182 million.
Thomas "Tom" Lee, Chairman of BitMine's Board of Directors, deemed Ethereum <a href="https://www.benzinga.com/markets/25/07/46375324/tom-lee-ethereum-not-solana-is-the-preferred-choice-for-jp-morgan-robinhood-circle-to-build-on">&#8220;the preferred choice for Wall Street,&#8221; </a>citing JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) and Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), which are building <a href="https://www.benzinga.com/markets/cryptocurrency/25/06/45998961/ethereum-l2-chosen-for-jpmorgans-new-step-in-public-blockchain-space">stable coin</a> and tokenization infrastructure on the network, respectively. Notably, the world's largest asset manager,&nbsp;BlackRock,&nbsp;also introduced its Ethereum-powered&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39863203/blackrocks-buidl-tokenization-fund-hits-500m-in-assets-under-management" target="_blank" rel="noreferrer noopener">tokenized U.S. Treasury product</a>, BUIDL, last year.
Price Action: At the time of writing, ETH was trading at $3,650.99, down 1.99% in the last 24 hours, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.&nbsp;&nbsp;
BitMine shares closed 2.06% lower at $39.50 on Wednesday. Year-to-date, the stock has exploded 406%.
As of this writing, the stock demonstrated a very high Momentum score. Visit <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a> to see how&nbsp;Strategy Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), the pioneer of cryptocurrency treasury, stacks up.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="447" height="190" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/24013224/image-349.png" alt="" class="wp-image-998304" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/24013224/image-349.png 447w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/24013224/image-349-300x128.png 300w" sizes="(max-width: 447px) 100vw, 447px" /></figure>
Photo Courtesy: VPLAB On Shutterstock.com
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46567973/ethereum-treasury-company-trend-will-accelerate-says-bitwises-matt-hougan-heres-what-it-means-for-eths-price">Ethereum Treasury Company Trend &#8216;Will Accelerate&#8217;, Says Bitwise&#8217;s Matt Hougan—Here&#8217;s What It Means For ETH&#8217;s Price</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

BMNR

HOOD

MSTR

Cathie Wood's Ark Invest Mulling 'Purpose-Built' Ethereum Investment Tools, Says Analyst After Firm Buys $180 Million Stake In Tom Lee-Led ETH Treasury Company

<a href="https://www.wsj.com/finance/banking/lawmakers-subpoena-jpmorgan-and-bofa-over-ipo-of-chinese-battery-startup-83f20c0d">https://www.wsj.com/finance/banking/lawmakers-subpoena-jpmorgan-and-bofa-over-ipo-of-chinese-battery-startup-83f20c0d</a>

'Lawmakers Subpoena JPMorgan and BofA Over IPO of Chinese Battery Startup'- WSJ

Press Releases

JPMorganChase Announces 2025 Dodd-Frank Act Stress Test Results

JPMorgan Chase Forecasts Stablecoin Market Will Hit $500 Billion By 2028

JPMorganChase Reports Second-Quarter 2025 Financial Results

JPMorganChase Declares Preferred Stock Dividends

JPMorganChase Unveils New Retirement Solution for Solo Entrepreneurs

JPMorgan Chase To Offer Crypto-Backed Loans

Chase and Southwest Airlines® Introduce New Benefits on Southwest Rapid Rewards® Credit Cards

Oil Prices Jump 3% On U.S.-EU Trade Deal And Russia-Ukraine Deadline

JPMorganChase and Coinbase Launch Strategic Partnership to Make Buying Crypto Easier than Ever

Independent Restaurant Coalition and Chase Launch New Multi-Year Partnership and Announce $4 Million in Grants to Restaurants

SHEL

Bank of America

Banco Bradesco Sa American Depositary Shares

Bank Bradesco

Banco Bradesco Sa American Depositary Shares (each representing one Common Share)

Banco Bilbao Vizcaya Argentaria S.A. Common Stock

BBVA

Barclays

Banco Santander Brasil SA American Depositary Shares, each representing one unit

Banco Santander

Citigroup

First Citizens BancShares, Inc. - Class A Common Stock

First Citizens BancShares

Fifth Third Bancorp

HDFC Bank

HSBC Holdings

ICICI Bank

ING Groep

Itau Unibanco Banco Holding SA American Depositary Shares (Each repstg 500 Preferred shares)

Itau Unibanco Holding

KB Financial Group

Lloyds Banking Group Plc American Depositary Shares

Lloyds Banking Group

Mizuho Financial Group, Inc. Sponosred ADR (Japan)

Mizuho Financial Gr

Mitsubishi UFJ Financial Group, Inc. Common Stock

Mitsubishi UFJ Finl Gr

Nu Holdings

NatWest Group plc American Depositary Shares, (each representing two (2) Ordinary Shares)

NatWest Group

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PNC Financial Services Gr

Banco Santander, S.A. Sponsored ADR (Spain)

Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan)

Sumitomo Mitsui Finl Gr

U.S. Bancorp

Wells Fargo

Keefe, Bruyette & Woods

Morgan Stanley

B of A Securities

Piper Sandler

Screenshot 2024-11-21 at 6.56.49 PM

PYPL

The New Economy: What Does Bitcoin&#39;s Meteoric Rise Bode? Crossroads Summit 2024, Just Days Away, Offers Insight From Industry Leaders And Experts

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Geopolitical Strategist And Best-Selling Author Peter Zeihan To Speak On Cutting Through Chaos At Crossroads Summit Sponsored By TradeStation Group

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Frog-Themed Apu Apustaja (APU) Token Wins Over Crypto Market Community With Positive Blockchain Mission

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Emerging Markets

Movers & Shakers

DLMI

Tokenization Gains Momentum With Collaborative Effort By Financial Giants And The European Central Bank – Diamond Lake Minerals (OTCPK: DLMI) Stays Ahead Of The Curve

Screenshot 2024-03-13 at 5.49.40 PM

NFLX

NSANY

TMUS

Meet Atlas Obscura, The Travel Platform That Combines The Wonder Of Ripley&#39;s Believe It Or Not With The Breadth Of National Geographic&#39;s Content

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JPMorgan Chase

Unusual Options Activity for

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BENZINGA GLOBAL

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
03:45 PMJul 29, 2025	CALL	$290.00	Jan 15, 2027	532	201	201	29	698	SWEEP	BULLISH
10:47 AMJul 25, 2025	CALL	$280.00	Jan 16, 2026	168	600	600	14	4327	TRADE	BEARISH