SQUAWK BOX, THURSDAY 14TH APRIL, 2022

SQUAWK BOX, THURSDAY 14TH APRIL, 2022

JPMorgan sees Q1 profits slump by 42 per cent. The bank’s CEO Jamie Dimon explains that inflation and the war in Ukraine are “powerful forces that threaten the economy” and that could potentially cause recession. The S&P 500 and the Nasdaq snap three-day losing streaks as producers prices soar at their fastest rate on record. Federal Reserve governor Christopher Waller says the central bank must continue to work to bring inflation down. Ukraine is to receive up to $800m of heavy military aid from the U.S as the conflict intensifies in the east of the country. In energy news, crude prices are down after initially surging during yesterday’s session on fears over supply chain disruption and Russian oil.

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U.S. and Iran reach peace deal

U.S. and Iran reach peace deal

The U.S. and Iran agree to a plan to end the war and reopen the Strait of Hormuz. Negotiations about Iran’s nuclear capabilities will be discussed over the next 60 days. Crude prices fall back towards...

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Investors await historic SpaceX listing

Investors await historic SpaceX listing

Global investors eagerly anticipate today’s SpaceX IPO – the biggest in history – with the company raising $75bn ahead of listing. President Trump postpones strikes on Iran, saying a peace agreement c...

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Iran vows to target Strait of Hormuz-bound ships

Iran vows to target Strait of Hormuz-bound ships

The U.S. and Iran exchange fire for a second night with Iran targeting U.S. bases in the Gulf, vowing to target any vessels crossing the Strait of Hormuz. President Trump has voiced frustration over s...

11 Kesä 27min

 U.S.-Iran resume fire following downing of Apache in Gulf

U.S.-Iran resume fire following downing of Apache in Gulf

The U.S. and Iran exchange fire following the downing of an American Apache helicopter over the Strait of Hormuz. Tehran claims to have targeted U.S. bases in Jordan, Kuwait and Bahrain as a result. A...

10 Kesä 29min

OpenAI targets $1tn US listing

OpenAI targets $1tn US listing

OpenAI decides to confidentially file to list with a reported target valuation of $1tn. Perplexity CEO Arvand Srinivas tells CNBC he hopes to take his company public in the medium term and that the su...

9 Kesä 29min

Israel and Iran trade missile strikes

Israel and Iran trade missile strikes

Israel and Iran have exchanged fire for the first time since April which pushes oil futures higher and potentially jeopardizing a peace agreement. The A.I. sell-off on Friday continues into the new we...

8 Kesä 25min

SpaceX IPO roadshow launches

SpaceX IPO roadshow launches

Bankers tap the extraordinary valuation of SpaceX ahead of its listing next week. Goldman Sachs has reportedly forecast a 100-fold revenue increase by 2030 for the company. However, S&P Dow Jones Indi...

5 Kesä 25min

SpaceX targets $1.8tn valuation in record market debut

SpaceX targets $1.8tn valuation in record market debut

SpaceX eyes a valuation of almost $1.8tn at its listing next week. It has marketed more than half a billion shares at $135 which will make it the largest IPO of all time. The U.S. equity markets end a...

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