The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
0942 ET - JPMorgan CEO Jamie Dimon says cybersecurity is currently JPMorgan's largest risk. "We spend a lot of money. We've got top experts. We're in constant contact with the government. We're constantly updating things," he says on a call with analysts. "AI has made it worse. It's made it harder." Dimon says the company is currently testing Anthropic's Mythos model, looking at whether it creates additional vulnerabilities. "While we're trying to get the benefits of AI, we also are very cognizant of the risk of cyber," he says. (connor.hart@wsj.com)
0928 ET - JPMorgan CEO Jamie Dimon says the bank is proactively deploying artificial-intelligence tools for clients, such as a cash-flow-forecasting tool for corporate treasury clients that supports smarter liquidity management. Currently, Dimon is just focused on making sure these tools provide additional value to clients. "It may squeeze some margin somewhere and create more competition somewhere," he says on a call with analysts. "That's life. Jeff Bezos always says, 'Your margin is my opportunity.' And I kind of agree with that." Dimon adds that the technology is still in early stages. (connor.hart@wsj.com)
0841 ET - Most investors say buying oil and buying global semiconductors are the most crowded trades, the Bank of America global fund manager survey for April shows. "Asked about the most crowded trade, 24% of fund manager survey investors said 'long oil' and 24% of investors said 'long global semiconductors.'" Another 15% of investors cited "long gold" as the most crowded trade. (miriam.mukuru@wsj.com)
0829 ET - European software stocks gain after a turnaround in sentiment saw the sector surge in U.S. trade Monday. Software stocks are in recovery mode, with investors moving on from fears that artificial-intelligence agents would take business from the sector, XTB's Kathleen Brooks writes. A basket of European software stocks is 1.3% higher. German software giant SAP--the largest stock in Germany's DAX index--is 1.05% higher, while Wolters Kluwer gains 2.5%. Switzerland-based Temenos, which develops banking software systems used by wealth managers, jumps 5.15%. The stock benefits from a rating upgrade to Buy from analysts at Citi. (josephmichael.stonor@wsj.com)
0828 ET - Fund managers pulled money from Japanese stocks and global banks in April, according to Bank of America's Global Fund Manager Survey. Money managers' confidence that banking stocks will perform better than other sectors is at its lowest level than any time since October 2024, the survey finds. Alongside tech stocks, banks were the main driver of global stocks' bull run over the past few years, Bank of America analysts write. Meanwhile, confidence in Japanese equities is at its lowest level since November 2024. A net 11% of fund managers surveyed are choosing to allocate less money to Japanese equities than the benchmark, a 25 percentage-point drop compared to March. (josephmichael.stonor@wsj.com)LG Chem's cathode shipments could fall sharply in 2026, weighing on earnings amid weak electric-vehicle battery demand, "LG Chem Cathode Shipments Could Fall Sharply in 2026 -- Market Talk," at 0201 GMT, incorrectly omitted the description of EV battery demand as weak.
0427 ET - Shares of European semiconductor companies are on the rise as the U.S. and Iran signal that they see room to continue talking on how to bring the conflict to a close. Shares of Dutch semiconductor-equipment maker ASML Holding and smaller rival ASM International are both up 2.7%. German chip maker Infineon Technologies is up 1.5%. STMicroelectronics--which supplies Apple, Samsung Electronics and Tesla--is up 1.9%. The gains in Europe follow a boost in Asia, where Taiwan Semiconductor Manufacturing Co. closed 3.3% higher. South Korean memory-chip maker SK Hynix--which supplies Nvidia--closed 6.1% higher. (mauro.orru@wsj.com)
0048 ET - TSMC will likely report strong 1Q results in line with street estimates, Bernstein analysts say in a research note. Capacity released by Qualcomm and MediaTek mobile chips should be filled by AI chips easily, they say. Energy cost due to the Middle East conflict may rise but not immediately, they note, adding that its 2Q margin forecast has an upside risk. As electricity costs account for only a low single-digit percentage of TSMC's revenue, it should be easy for TSMC to raise prices and pass any electricity cost increase to customers, they note. While continued chip shortage has kept investors hopeful for another capex hike, Bernstein reckons TSMC will likely maintain its capex guidance during this earnings season given the continuing Mideast conflict. (sherry.qin@wsj.com)
2201 ET - LG Chem's cathode shipments could fall sharply in 2026, weighing on earnings amid weak electric-vehicle battery demand, say Nomura's Cindy Park and Dongmin Lee. The analysts now project a 230-billion-won net loss for the South Korean chemical company this year, reversing their earlier profit forecast of 648 billion won. They expect LG Chem's 2026 cathode shipments to be less than half of the levels seen in 2024. Nomura values LG's advanced-material segment, including its cathode unit, at 5.4 trillion won, down from 6.5 trillion won previously. Nomura also lowers the value of LG's battery business to 46.9 trillion won from an earlier estimate of 48.3 trillion won. (kwanwoo.jun@wsj.com) Corrections & Amplifications
This article was corrected at 06:43 a.m. ET to clarify LG Chem's cathode shipments could fall sharply in 2026, weighing on earnings amid weak electric-vehicle battery demand. An earlier article incorrectly omitted the description of EV battery demand as weak.
1605 ET - Investors are beginning to see opportunity in software and cybersecurity stocks following a weekslong sell-off, Wedbush analyst Dan Ives says in an interview. Ives, who has been reliably bullish on software remaining relevant in the artificial-intelligence age, says investors are waking up to the realization that AI displacement fears are well overblown. "They're painting the whole sector with the same brush, and I think that's been the opportunity to buy some of the winners at garage sale prices," Ives says. "Now, you're finally starting to see even value investors picking up software." Software and cybersecurity names rallied on Monday, with Snowflake, ServiceNow, Adobe, and Workday up high-single digits and Oracle gaining 12%. (elias.schisgall@wsj.com)
1353 ET - "Cybersecurity has long been at the core of our business," Goldman Sachs CEO David Solomon says on a call with analysts, when asked about the meeting that major U.S. bank executives had last week with Federal Reserve Chairman Jerome Powell and Treasury Secretary Scott Bessent to discuss possible cyber risks raised by Anthropic's Mythos model. Solomon says the meeting wasn't anything out of the ordinary: "That group has gone over to the Treasury to talk about cybersecurity risks over a number of years," he says. "This is something the industry is focused on. It's something we're focused on. And there's nothing new in that focus." Solomon notes that Goldman Sachs is aware of Mythos and its capabilities, and that the company is working closely with Anthropic and all of its security vendors. (connor.hart@wsj.com)
1346 ET - Commvault's stock is on firmer footing, Baird analysts say in a research note, following a Reuter's report Friday that said the company is exploring a sale and has received interest from multiple parties. "There is still no official announcement and no indication that a finish line is close," the analysts say. Still, they note a sale would make sense given Commvault's leading position within the broader cyber resilience industry. "Commvault's appeal as a strategic/PE target asset is not surprising to us, given its positioning within the critical data backup/recovery and cyber resilience market, and discounted price post derating," they write. Shares are up 2% on Monday, after ending Friday about 10% higher. (connor.hart@wsj.com)
(END) Dow Jones Newswires
April 14, 2026 12:20 ET (16:20 GMT)
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