Moby

Moby is taking things to the next level with model portfolios now available for direct investment through Surmount. Surmount, an AI-powered platform for personalized wealth management, allows users to seamlessly access Moby's curated strategies and implement them with just a few clicks. This partnership combines Moby's research-driven portfolios with Surmount's innovative tech, making investing in tailored strategies easier than ever. Whether you’re following market trends or tapping into Moby’s expert picks, Surmount provides a streamlined, data-driven way to put those insights to work. Investing just got a serious upgrade, so try Surmount today: https://lnkd.in/g-eAtwVs

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We're thrilled to welcome Yasmina Novillas to the Moby team. Yasmina will be taking charge of our social channels, helping us engage with our community and grow our presence. We're looking forward to seeing the impact she will make!

?? Big News Alert! ?? We’re super excited to share that Moby has just teamed up with Marriott! ?? This partnership is a huge win for us, and we can’t wait to see where it takes us. Joining forces with such a well-known and respected brand means we can bring even more value to our amazing subscribers. We’re all about providing the best insights and experiences, and with Marriott by our side, we’re taking things to the next level. A massive shoutout to our incredible team and our awesome community for making this happen. Stay tuned for more exciting updates – this is just the beginning! #Partnership #Growth #Innovation #Fintech #BusinessNews

Earnings season for American banks has one golden rule of etiquette: Jamie Dimon goes first. - Every three months, the CEO, chairman and human embodiment of JPMorgan Chase & Co. is always the first to release his bank’s results, giving the market and the general public a clear sense of what to expect from the US’ other major financial services giants. - Jamie is also famously fond of using his quarterly platform to play his “America’s Banker” role, making big economic and political statements that other CEOs often have to address in the following days. But this morning, Jamie was otherwise engaged (this does not happen a lot/ever) so instead America got his written musings on the state of the American economy, and also, like, his bank’s results. - WHAT HAPPENED Let’s get through?the earnings talk:?At first blush, JPM’s results were giving big “good quarter, you guys” energy. Dimon’s gang posted Earnings Per Share (EPS) of $4.26, easily topping Wall Street’s consensus estimate of $4.19. JPM’s net revenue rose 20% year-over-year to $50.99 billion and net income jumped 25% to $18 billion. These are all very big numbers. - Money is clearly flowing through the big banks, Bank of America and Citi also posted considerable net income and revenue growth numbers this morning, and Jamie seems pleased by that. - “The Firm performed well in the second quarter,” Dimon said in a statement accompanying results. - But one smaller number kind of jumps out at you when you look a little closer though. America’s largest bank saw its Net Interest Income fall $1 for the quarter, and it’s the second drop in a row for a key metric. - On a related note, Wells Fargo?posted a year-over-year NII decline of 9%. This is… troubling. - WHY IT MATTERS? Now, we’re not saying that NII is a big deal, we’re just saying that it’s kind of a bank’s… let's say “lifeblood”? - NII is basically the cold, hard cash they pocket from their core business: lending money. Banks take in deposits (ie. your money) and pay you a tiny bit of interest for the privilege. Then, they lend out that money at a higher interest rate. The difference between what they get for lending the money and what they paid to get it is NII. - To continue reading this report. Hit the link in our bio to join our free newsletter, or download the Moby App.

Earnings season for American banks has one golden rule of etiquette: Jamie Dimon goes first. - Every three months, the CEO, chairman and human embodiment of JPMorgan Chase & Co. is always the first to release his bank’s results, giving the market and the general public a clear sense of what to expect from the US’ other major financial services giants. - Jamie is also famously fond of using his quarterly platform to play his “America’s Banker” role, making big economic and political statements that other CEOs often have to address in the following days. But this morning, Jamie was otherwise engaged (this does not happen a lot/ever) so instead America got his written musings on the state of the American economy, and also, like, his bank’s results. - WHAT HAPPENED Let’s get through?the earnings talk:?At first blush, JPM’s results were giving big “good quarter, you guys” energy. Dimon’s gang posted Earnings Per Share (EPS) of $4.26, easily topping Wall Street’s consensus estimate of $4.19. JPM’s net revenue rose 20% year-over-year to $50.99 billion and net income jumped 25% to $18 billion. These are all very big numbers. - Money is clearly flowing through the big banks, Bank of America and Citi also posted considerable net income and revenue growth numbers this morning, and Jamie seems pleased by that. - “The Firm performed well in the second quarter,” Dimon said in a statement accompanying results. - But one smaller number kind of jumps out at you when you look a little closer though. America’s largest bank saw its Net Interest Income fall $1 for the quarter, and it’s the second drop in a row for a key metric. - On a related note, Wells Fargo?posted a year-over-year NII decline of 9%. This is… troubling. - WHY IT MATTERS? Now, we’re not saying that NII is a big deal, we’re just saying that it’s kind of a bank’s… let's say “lifeblood”? - NII is basically the cold, hard cash they pocket from their core business: lending money. Banks take in deposits (ie. your money) and pay you a tiny bit of interest for the privilege. Then, they lend out that money at a higher interest rate. The difference between what they get for lending the money and what they paid to get it is NII. - To continue reading this report. Hit the link in our bio to join our free newsletter, or download the Moby App.

We’re excited to welcome Thornton McEnery to the Moby team as our new Head Editor. We’re pumped to have you with us.

Check Moby out on Money Wise today where Moby’s investment research led to a 1000% return in 1 year on one of our favorite stock picks! Wise Publishing, Inc. #investing #finance #nyse #stockmarket #tech

We’re extremely excited to welcome Michael H. Hewitt to the team as the Growth Marketing Lead! Please reach out to Michael if you're looking for any partnership and/or affiliate opportunities.

It's a huge honor to be named a top 3 investment tool for 2024! Come join us across multiple hires as we keep on growing. https://lnkd.in/guDxBviz