Get Your Piece of the $5.39 Billion by March 25...

Once you hear more about what these AI firms have been up to...You'll feel like you're owed the $3,452.50 that is being paid out to folks like you every month. The opportunity to grab the next payout ends on March 25 -- so be quick.

Jamie Dimon Calls Elon Musk 'An Extraordinary Talent' -- JP Morgan CEO Shares Why Trump's Election Victory Didn't Surprise Him

Kaustubh Bagalkote
January 13, 2025

JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon offered praise for Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk while sharing insights on American political dynamics in an interview.

What Happened: “He’s clearly an extraordinary talent,” Dimon said of Musk, citing achievements at Tesla and SpaceX. The banking executive dismissed concerns in a CBS News Sunday Morning interview about Musk’s influence on right-wing European politics, comparing it to historical precedents like Charles Lindbergh, an American aviator, military officer, and author’s political involvement.

“I mean, to look at Tesla and SpaceX — and his attitude is, “Yeah, well, we should make government more efficient.” Is this the way to do it? I don't know. Do I want him to succeed? Absolutely,” Dimon said.

Dimon, who heads America’s largest bank, expressed “cautious pessimism” about the economy despite positive indicators including lower unemployment and cooling inflation.

When asked if he was surprised by President-elect Donald Trump‘s 2024 election victory, Dimon responded with a simple “no.” He attributed Trump's success to widespread public frustration with government inefficiency and the perceived condescension in social policy approaches.

“People were angry at what they call the ‘state,’ you know, the swamp, ineffective government,” Dimon told interviewer Lesley Stahl. “They didn’t want to be lectured to on social policies continuously.”

See Also: Elon Musk’s Ex-Wife And Mother To His 5 Kids Says His Secret To Extreme Success Is Working Harder Than ‘Average Bear’ And Saying ‘No’ A Lot

Why It Matters: The comments come after previous speculation about Dimon’s potential role in the Trump administration. JPMorgan in October clarified that Dimon “has not endorsed anyone” after Trump claimed otherwise on Truth Social.

The denial casts doubt on earlier reports that Trump was considering Dimon for Treasury Secretary, especially given Trump’s historical preference for political loyalists in cabinet positions.

During his tenure at JPMorgan, Dimon has maintained a pragmatic stance on political matters while focusing on economic issues and banking sector stability. Under his leadership, JPMorgan Chase has grown to become the largest U.S. bank by assets, with significant influence in global financial markets.

Read Next:

  • Bill And Melinda Gates Say They Raised Their 3 Daughters With A ‘Middle-Class’ Upbringing–’You’re Not Allowed to Tell People How We Flew …’

Image Via Flickr

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo courtesy: Shutterstock

Continue Reading...

Popular

What to know about Trump's buyout proposal for federal employees

President Donald Trump's administration is offering to federal employees to quickly reduce the government workforce. They don't have a long time to decide: The deadline is Feb. 6.

Top 3 Utilities Stocks That May Rocket Higher This Month

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Claim Your Share of $5.39 Billion in AI Equity Checks - Ad

Virtually every AI model is built off stolen data...so it's only fair that you deserve some kind of compensation...And the U.S. government seems to agree. Which is why you could now receive as much as $3,452.50 per month on average from "AI Equity Checks."

Dubai's ceaseless boom is putting strains on its residents

DUBAI, United Arab Emirates (AP) — — and some residents are starting to feel burned.

Tesla Likely To Sell Optimus To Rivals In 2026, Elon Musk Says Revenue Potential Of Bot North Of $10 Trillion: 'It's Real Bananas'

Tesla Inc CEO Elon Musk on Wednesday said that the company intends to make several thousand units of its Optimus humanoid robot this year for deployment in its own factory which will inform the next version of the robot slated for launch next year and likely to be sold to rival companies.

JFK, 9/11... And Now This? - Ad

Jim Rickards says we'll never forget April 11, 2025. Jim outlines a crash so terrible it may even have the power to wipe out the checking and savings accounts at your bank... Along with 40% of the market. Jim is one of America's best geopolitical analysts... All you need to know is in a quick summary of his latest book.

NASA's 2 stuck astronauts take their first spacewalk together

CAPE CANAVERAL, Fla. (AP) — NASA’s took their first spacewalk together Thursday, exiting the International Space Station almost eight months after moving in.

Japanese automaker Nissan says it plans job and production cuts in the U.S.

TOKYO (AP) — Nissan is slashing production at its U.S. plants and offering buyouts to factory workers there as part of the Japanese automaker’s urgent efforts to return to profitability.

Top AI Stocks for 2025 - Ad

My 2025 AI Blueprint features three of what I call Nvidia's "Silent Partners." Some of the world's hottest companies are working with AI's undisputed leader, Nvidia. And I've identified three of them that appear to be well-positioned for the next AI boom in 2025. Everything you need to know about them in my 2025 AI Blueprint.

Did DeepSeek copy ChatGPT? Trump adviser thinks so

Did the upstart copy ChatGPT to make the artificial intelligence technology that this week?

Europe's economy showed zero growth at end of 2024 as Germany, eurozone's biggest economy, struggled

FRANKFURT, Germany (AP) — Europe’s economy stagnated at the end of last year as its former growth engine, Germany, finished a second straight year of shrinking output, officials said Thursday.

AI Companies Stole Your Data, and Now They Owe You... - Ad

If you didn't know...AI companies stole your data to train their models. AI firms are now legally obligated to pay a handsome monthly fee to a few special companies, who then distribute these checks to everyday Americans like you. And all you have to do to join them is to make an investment as low as $10.

6 Clean Energy Stocks Face Challenges, Opportunities Ahead Of Earnings

Analyst revises ratings/price forecast on clean energy stocks ahead of earnings release. Highlights key areas to watch for each company.

Apple Surprises Users With Starlink Beta, Teams Up With Elon Musk's SpaceX And T-Mobile To Bring Satellite Texting For iPhone Users In iOS 18.3

Apple has partnered with SpaceX and T-Mobile to bring Starlink satellite texting to iPhones, with a limited beta test rolling out via iOS 18.3, marking a major step toward expanding connectivity in remote areas.

Elon's Social Security Shock? - Ad

New research reveals what Elon Musk could be planning in Washington D.C. and how it may impact your money. In short, Elon has much bigger plans than simply "draining the swamp." His next big project could bring about nothing short of a revolution in our economy... It could change the way you file and pay your taxes... collect Social Security... and how you travel. To do it, Elon will likely use the same strategy he's applied in every other business.

Moderna Stock Is Sliding Wednesday: Here's Why

Moderna Inc (NASDAQ:MRNA) shares are trading lower Wednesday after Goldman Sachs downgraded the stock. Here's what you need to know.

Trump White House Puts DeepSeek Under National Security Scanner: 'Wake-Up Call To The American AI Industry'

The White House is reviewing China's DeepSeek AI for potential national security risks, amid growing concerns over intellectual property theft and its impact on U.S. AI dominance.

Elon's Next Millionaire-Making Project? - Ad

This could create more wealth than all of his previous ventures... combined.

Chubb CEO Expects $1.5 Billion Loss From LA Wildfires: 'California Is A Difficult Market For Insurance Companies'

Chubb held its fourth-quarter earnings call on Wednesday and addressed the future financial impacts resulting from the recent California wildfires. 

In Ukraine, a potential arms-for-minerals deal inspires hope and skepticism

KIROVOHRAD REGION, Ukraine (AP) — The mineral ilmenite is extracted from mounds of sand deep in the earth and refined using a method that summons the force of gravity, resulting in a substance that glimmers like a moonlit sky.

Trump Could Make Surprising Tech Announcement Any Day - Ad

I want to show you a free demonstration. Of one of the most incredible technologies you've ever seen. You'll be getting a peek at the cutting edge... A decade from now, you'll remember where you were when you saw this video.

Shiba Inu's Shytoshi Kusama Teases 'Extremely Powerful Partnership' -- Coin Themed On Him Rallies 25%

Shiba Inu (CRYPTO: SHIB) lead ambassador Shytoshi Kusama hinted at a major partnership announcement for the blockchain ecosystem on Tuesday, stirring up excitement among enthusiasts.

Stock market today: Wall Street dips in premarket following Thursday's near-record rally

Markets on Wall Street leaned toward small losses early Friday as investors took in more corporate earnings while waiting for the government's January report on retail sales.

Elon's No. 1 Investment During Trump's Term - Ad

Because Elon just poured $51 million into a new metal -- a "miracle metal" that is poised to solve the $267 Billion problem Elon says "will become increasingly critical in the next year"...With Trump in office... and Elon by his side... an early investment in a "miracle metal" that is going to revolutionize the AI market...We could be in for a very exciting year.

Stock market today: Asia shares mostly rise while some regional markets stay closed for holidays

TOKYO (AP) — Asian shares mostly rose Thursday after the U.S. Federal Reserve opted for the first time since it began trying to help through easier rates in September.

US cyber agency's future role in elections remains murky under the Trump administration

WASHINGTON (AP) — The nation’s cybersecurity agency has played in helping states shore up the defenses of their voting systems, but its election mission appears uncertain amid sustained criticism from Republicans and key figures in the Trump administration.

The Elon Shock - Ad

All of Elon Musk's strange behavior in recent times is starting to make sense. His feuds with other leading technologists like Sam Altman and Bill Gates has all been building up to what he's been planning in Washington. It's a fascinating new financial story that some say could change life in America forever.

Lyft Faces Growing Competition, Bank of America Analyst Warns

Bank of America analyst Micheal McGovern reiterated a Buy rating on Lyft and lowered the price target from $21 to $19.

My TOP Altcoin for Right Now Is... - Ad

Searching for the top investment opportunity in crypto? Look no further. Our $3 report gives you the full scoop. You'll get this exciting token's name, our recommended investment strategy, and growth projections. Time is of the essence with this one...

Nvidia Says DeepSeek An 'Illustration' Of How New AI Models Can Be Created While Being Export-Control Compliant Amid $600 Billion Market Value Plunge

Nvidia Corp. has thrown its support behind China's DeepSeek R1 artificial intelligence model, calling it "an excellent AI advancement" even as the startup's emergence triggered a historic $600 billion plunge in the chipmaker's market value on Monday.

AI ETFs In Focus As Alibaba Challenges DeepSeek With New Model

AI arms race fueled by DeepSeek and Alibaba's AI models. Investors can profit from trend with AI-focused ETFs, including AIQ, ARKQ, QQQ.

22X Better Than Bitcoin... Without Crypto - Ad

For every $1,000 made in Bitcoin... you could have made as much as $22,000 with this strategy. legendary former hedge fund manager Larry Benedict calls it "Bitcoin Skimming." And get this... it's CRUSHING Bitcoin's returns. If you want to get in on the ground floor then watch this free interview NOW.

Palo Alto Analysts Optimistic On Revenue Growth, Expanding Market Share

Palo Alto Networks Inc (NASDAQ: PANW) shares dropped despite upbeat Q2 results and strong analyst takeaways from Goldman Sachs, Needham, Rosenblatt, and Truist Securities.

5-Second Trump Clip will Give You Chills - Ad

If you have any money in the markets, take a moment to see this presentation with a 5-second clip of a shocking prediction President Trump made during his victory speech... Because according to legendary investor Louis Navellier, who correctly predicted Trump's win... This prediction is about to become a reality.

How DeepSeek's Breakthrough Is Changing The Landscape For Multi-Industrials

BofA Securities analyst Andrew Obin sees potential growth for multi-industrial stocks like Vertiv Holdings and Eaton Corporation amid the rise of more efficient AI technologies.

3 ETFs Shine As Trump's First Week Sparks Record Gains Followed By Tech Slump

The S&P 500 had a strong first week, with ETFs such as SPY, VOO and IVV seeing gains. Were Trump's economic policies a factor?

Warren Buffett's Investing Partner's Shocking Final Move - Ad

Before he passed away, Charlie Munger, Warren Buffett's investing partner of 60 years, was rumored to have quietly made one final investment... Up until now, it has remained hidden from the public. It's potentially the smartest, most profitable, and most under-valued AI investment you can make today.

Robert Kiyosaki Predicts Yet Another Stock Market Crash, Pitches Bitcoin Investments -- Here's What The 'Rich Dad Poor Dad' Author Said

Renowned investor and author Robert Kiyosaki on Monday predicted a major stock market crash in February and advised investors to focus on Bitcoin (CRYPTO: BTC), gold, and silver.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service