Roku Stock Just Went From Bad to Worse

Roku's (NASDAQ: ROKU) earnings report left a lot to be desired for the streaming company. Revenue per user is falling despite a big jump in usage, and it seems there's little traction in the advertising business. Read More...


Why did JPMorgan Chase buy First Republic out of receivership?

You can ask why JPMorgan Chase agreed to buy the failed First Republic Bank out of regulatory receivership. But a better question might be, why not? As JPMorgan chairman and CEO Jamie Dimon explained in a company press release: “This acquisition modestly benefits our company overall, it is accretive to shareholders, it helps further advance our wealth strategy, and it is complementary to our existing franchise.”

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