JPMorgan Shares Are Suddenly Tanking. What Gives?

JPMorgan Chase's (NYSE: JPM) has been enjoying a solid 2025, with the share price up an impressive 31% this year through Monday of this week (Dec. 8). But on Tuesday, the bank's shares tumbled almost 4%, a steep drop in just one trading day.The plunge was the result of remarks made by Marianne Lake, JPMorgan's CEO of Consumer & Community Banking and a member of the bank's Operating Committee, at a financial services conference hosted by rival Goldman Sachs. Lake told attendees that the bank expects higher-than-projected expenses in 2026. She said expenses will likely hit $105 billion next year, about 9% higher than 2025 and $4 billion above the average outlook of $101 billion. Lake said that things like employee compensation, marketing, new branches, and investments in artificial intelligence (AI) are driving costs higher.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool