JPMorgan stock climbs on Apple Card takeover as earnings near
NEW YORK, Jan 8, 2026, 11:13 AM ET — Regular session JPMorgan Chase & Co (JPM) shares rose about 1.1% to $330.65 in late morning trading on Thursday after the bank said it will become the new issuer of Apple’s Apple Card, replacing Goldman Sachs. The deal is subject to regulatory approvals and is not expected to close for roughly two years. “This transaction substantially completes the narrowing of our focus in our consumer business,” Goldman Chief Executive David Solomon said. Reuters The agreement would bring more than $20 billion in card balances to Chase’s platform once completed, adding heft