JPMorgan (JPM) CEO says AI spending is a form of stimulus, about USD 300bln this year and another USD 300bln next year
- Equity capital markets will be huge this year.
- Trading could be up by 11% in Q2 or could be a bit better.
- Investment Banking in Q2 could be up 10% or more.
- There could be opportunities for M&A, adds "we are on the lookout"
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