Please stay tuned for important disclosure information at the conclusion of this episode.

Who's what's ahead on this week's Investing Insights?

The NASDAQ 100 Index is getting a makeover.

I'll talk with an analyst about what it means for investors.

Plus, J.P. Morgan Chase's second quarter results exceeded expectations,

what Morningstar thinks about the Big Bank's outlook, and money market mutual funds and CDs are

offering competitive rates. Morningstar, Inc. Director of Personal Finance, Christine Benz,

weighs in on the safe investments, pros and cons. This is Investing Insights.

Welcome to Investing Insights. I'm your host, Ivanna Hampton. Let's get started with a look at the

Morning Star headlines. J.P. Morgan Chase is entering the second half of this year in a strong

position. The banking giant's second quarter earnings per share of $4.75 beat Morningstar

estimates, stronger income from loans, better trading results, and lower than expected

expenses from buying First Republic Bank boosted the quarter. J.P. Morgan raised his net

interest income or lending profits for 2023 by a few billion dollars to

$87 billion. Higher interest rates are expected to stay around a little longer. And the amount

J.P. Morgan is paying on deposits to savers is still going up, but a little slower than expected.

Morningstar says this is positive. However, it points out that

the economy could still slow, and competition for savers deposits will remain stiff. Indeed,

J.P. Morgan didn't update its lending profit outlook for the next several years. The big bank is likely

seeing the peak. Morningstar doesn't expect

to significantly change its $153 estimate of J.P. Morgan's stocks work and considers it fully valued.

Meta's Twitter-like app threads launched with a fast start, but questions remain. More than 100 million

...