Company News for Jan 15, 2024

• JPMorgan Chase & Co. (JPM) shares declined 0.7% after the company reported fourth-quarter 2023 revenues of $38.57 billion, missing the consensus estimate by 1.5%.
• BlackRock, Inc. (BLK) shares rose 0.9% after the company reported fourth-quarter earnings of $9.66 per share, outpacing the Zacks Consensus Estimate of $8.84 per share.
• Shares of The Bank of New York Mellon Corporation (BK) advanced 4% after the company reported fourth-quarter earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.12 per share.
• Tesla, Inc. (TSLA) shares declined 3.7% following the company's announcement of production suspensions in Europe due to the Red Sea shipping disruptions.

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