Reuters

(Reuters) - At JPMorgan Chase's investor day on Monday, shareholders will focus on the bank's growth strategy and succession plans.

CEO Jamie Dimon and President Daniel Pinto are among the key executives expected to be present.

Dimon has run the largest U.S. lender for more than 18 years, and his next steps have been the subject of speculation for years.

Contenders for the top job include Jennifer Piepszak and Troy... (continue reading...)

(Reuters) - Deutsche Bank has raised its 2024 year-end S&P 500 target to 5,500, the highest among major brokerages, banking on strong corporate earnings to support equity valuations.

The brokerage previously expected the index to finish 2024 at 5,100 points. The new target, at the top end of its range of 5,100-5,500, is around 4% higher than the index's last close of 5,303.27.

Oppenheimer Asset Management had also predicted the index... (continue reading...)

HELSINKI (Reuters) - Alphabet-owned Google will invest a further 1 billion euros ($1.1 billion) into the expansion of its data centre campus in Finland to drive its artificial intelligence (AI) business growth in Europe, it said in a statement on Monday.

In recent years, many data centres have been located in the Nordic countries because of the region's cooler climate, tax breaks and abundant availability of renewable power.

Finland's... (continue reading...)

(Reuters) - U.S. stock index futures edged higher on Monday, with Nvidia's quarterly results and the Federal Reserve's policy meeting minutes due this week likely to test Wall Street's record-breaking run.

All the three major indexes marked their fourth straight week of gains on Friday as upbeat corporate earnings and softer-than-expected inflation data supported hopes for interest rate cuts this year.

Both the benchmark S&P 500 and the... (continue reading...)

(Reuters) - The U.S. auto safety regulator said on Monday it has opened a recall query into an estimated 51,500 Volkswagen America's EVs over concerns of the vehicle door opening while driving.

The U.S National Highway Traffic Safety Administration (NHTSA) said it received 12 complaints over Volkswagen's electric ID.4 SUVs built between 2021 and 2023.

Some consumers reported that the vehicle's door intermittently opens while driving with... (continue reading...)