Wells Fargo says JP Morgan is likely to become the first bank with a market value above $1 trillion, and it maintained an overweight rating while raising its price target to $390 from $375, implying more than 7% upside to last Friday’s close. Analyst Mike Mayo wrote in a Thursday client note that JP Morgan’s “top-tier investment capabilities” could not only help it pass $1 trillion but could see it reach $2 trillion in about 7–8 years. Mayo cited share gains across major businesses, operational

2026-08-16

Wells Fargo says JP Morgan is likely to become the first bank with a market value above $1 trillion, and it maintained an overweight rating while raising its price target to $390 from $375, implying more than 7% upside to last Friday’s close. Analyst Mike Mayo wrote in a Thursday client note that JP Morgan’s “top-tier investment capabilities” could not only help it pass $1 trillion but could see it reach $2 trillion in about 7–8 years. Mayo cited share gains across major businesses, operational optimization, steadier profitability versus global peers, and the CEO-defined “robust balance sheet” as supporting factors.

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2026-08-16

据阿拉比亚电视台:也门军方消息人士表示,政府军在马里卜省萨鲁瓦赫摧毁了胡塞武装的一个武器库。

2026-08-16

Fujian provincial government issued its "15th Five-Year" plan for emerging and future industries, prioritizing AI deployment. The plan targets accelerated AI infrastructure: a province-wide integrated compute network, public intelligent-computing centers in Fuzhou, Xiamen and Zhangzhou, and deployment of edge compute nodes. It calls for scaling AI pilot and pilot-test bases, co‑building an AI for Science platform with national strategic science bodies, and implementing a "data-element" initiativ