An Hour AgoJamie Dimon sees ‘a little bit little bit of a bubble’JPMorgan CEO Jamie Dimon believes there’s “a little bit little bit of a bubble” forming within the inventory market, in keeping with Reuters. Dimon reportedly made the feedback on the Australian Monetary Evaluate enterprise summit.He added that the Federal Reserve ought to wait previous June earlier than chopping rates of interest.”You’ll be able to at all times minimize it rapidly and dramatically. Their credibility is a little bit bit at stake right here. I might even wait previous June and let all of it type it out,” Dimon mentioned.— Yun LiAn Hour In the past JPMorgan’s Kolanovic says keep defensiveOne of Wall Avenue’s prime inventory strategists, Marko Kolanovic of JPMorgan, is advising shoppers to remain defensive within the inventory market because the rally confirmed indicators of stalling.”Markets are priced for perfection as valuations are wealthy, and excessive crowding in momentum shares dangers a pointy correction on this issue,” JPMorgan’s chief international markets strategist in a be aware.He additionally mentioned the market is ignoring “substantial geopolitical and political dangers.” In the meantime, he believes that inflation may shock to the upside, which may maintain the Fed’s goal charge greater for longer.— Yun Li2 Hours AgoOracle shares surge after earningsA view of Oracle headquarters on September 11, 2023 in Redwood Shores, California. Justin Sullivan | Getty ImagesOracle shares popped greater than 12% in prolonged buying and selling after fiscal fourth-quarter outcomes topped analysts’ earnings estimates. The agency’s cloud companies and license help phase, its largest enterprise, noticed a 12% improve in income. Nonetheless, income got here in a bit mild of expectations.— Yun Li