🎙️ JPMorgan's Love Affair

[5 minutes to read] Plus: The U.S.'s best-performing cities

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Shawn O'Malley & Matthew Gutierrez
February 06, 2024

By Matthew Gutierrez and Shawn O’Malley

How does Alphabet — aka Google — make money? Today’s chart provides an answer.

The search giant launched in September 1998 in Silicon Valley, weathering the dot-com bubble burst and leaving Yahoo in the dust on its ascent to becoming the world’s fourth-largest company by market cap ($1.8 trillion).

Hey, got a question? Just Google it.

— Matthew & Shawn

Here’s today’s rundown:

Today, we'll discuss the three biggest stories in markets:

  • The reasons groceries have stayed expensive

  • Why JPMorgan is doubling down on brick-and-mortar

  • The best-performing U.S. cities

All this, and more, in just 5 minutes to read.

POP QUIZ

College financial aid applications are falling fast. How much did they decline year-over-year in January? (The answer is at the bottom of this newsletter!)

Chart of the Day

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