Key Energy Servs (OTC:KEGX) Stock, Quote.Headers.trade-ideas

Key Energy Services Inc is an onshore, rig-based well-servicing contractor. It provides a full range of well-services to oil companies, and independent oil and natural gas production companies. Its services include rig-based and coiled tubing-based well maintenance and workover services, well completion and re-completion services, fluid management services, fishing, and rental services, and other ancillary oilfield services. Its segment includes Rig Services, Fishing, and Rental Services, Coiled Tubing Services and Fluid Management Services within the United States. The company derives the maximum revenue from the Rig Services segment.

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KEY ENERGY SVCS INC DEL by Key Energy Services Inc. Del

Key Energy Services Inc

JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) announced a significant leadership reorganization on Tuesday marking one of the most substantial executive reshuffles under CEO Jamie Dimon&#8216;s tenure, as President and COO Daniel Pinto prepares to step down after four decades with the firm.
What Happened: Jennifer Piepszak, previously Co-CEO of the Commercial &amp; Investment Bank, has been appointed Chief Operating Officer effective immediately. She will oversee technology, operations, corporate strategy, and diversity initiatives while managing the firm&#8217;s global corporate centers in India and the Philippines, which employ over 80,000 professionals.
In May, Dimon suggested he might retire within five years. Pinto, once a top contender to succeed him, briefly stepped in during Dimon&#8217;s illness in 2020. Dimon has praised <a href="https://www.benzinga.com/startups/24/08/40443847/jamie-dimons-loyalty-play-jpmorgans-second-in-command-loses-grip-after-shakeup">Pinto as &#8220;extraordinarily smart&#8221; and a valuable partner</a>.
The reorganization comes as JPMorgan approaches its <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/42984073/banks-kick-off-earnings-season-on-wednesday-retail-traders-bet-big-on-financials-ahead-of-regulatory-tailwinds">fourth-quarter earnings report</a>, with analysts projecting earnings of $4.11 per share on revenue of $41.7 billion. The bank&#8217;s stock has shown strong technical indicators, trading above key moving averages at $247.27, up 1.25% ahead of the announcement.
&#8220;Daniel has been an outstanding business leader, who has nurtured many of our top senior leaders and contributed to the success of businesses across the firm,&#8221; Dimon said of Pinto, who will transition to Vice Chairman by June before retiring at the end of 2026.
See Also: <a href="https://www.benzinga.com/news/25/01/42993713/trump-2-0-could-be-thwarted-by-inflation-mohamed-el-erian-notes-ahead-of-cpi-data-release">Trump 2.0 Could Be Thwarted By Inflation, Mohamed El-Erian Notes Ahead Of CPI Data Release</a>
Why It Matters: In concurrent moves, Doug Petno, former Co-head of Global Banking, will succeed Piepszak as CIB Co-CEO alongside Troy Rohrbaugh. John Simmons will step up as Co-head of Global Banking with Filippo Gori, both reporting to Petno and Rohrbaugh.
The leadership changes come as JPMorgan maintains its position as the largest U.S. bank by assets, with $4.2 trillion in assets and $346 billion in stockholders&#8217; equity as of September. Marianne Lake and Mary Erdoes will continue leading Consumer and Community Banking and Asset &amp; Wealth Management, respectively.
Wall Street <a href="https://www.benzinga.com/25/01/42820522/jpmorgan-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call">analysts have expressed optimism</a> about JPMorgan&#8217;s outlook, with Piper Sandler recently raising its price target to $275, while maintaining an Overweight rating. The succession planning reflects Dimon&#8217;s focus on maintaining the bank&#8217;s market leadership amid evolving financial services landscapes.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/asia/25/01/42993441/south-korean-president-yoon-suk-yeol-arrested-kospi-edges-higher-despite-political-upheaval-won-stable">South Korean President Yoon Suk Yeol Arrested — KOSPI Edges Higher Despite Political Upheaval, Won Stable</a></li>
</ul>
Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

Management

Jamie Dimon Oversees Major Leadership Shake-Up At JPMorgan Chase As President Daniel Pinto Prepares To Step Down

A widely followed X personality on Monday drew attention to a potential surge in Dogecoin&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) price following the upcoming presidential inauguration.
What Happened: Cephii, a strong backer of the world&#8217;s largest meme coin, highlighted the historical pattern of Dogecoin&#8217;s spike post-presidential inauguration.
Cephil noted that the dog-themed cryptocurrency surged nearly 1100% a week after the inauguration of Joe Biden in 2021. 
It&#8217;s worth noting that while DOGE did rally after the swearing-in, the surge wasn&#8217;t this sudden. It took a month for the asset to gain nearly 500% since the inauguration.
The influencer further pointed out that the pattern post-election this time around is &#8220;nearly identical&#8221; to that of 2021, implying a repeat of the rally.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Last cycle, <a href="https://twitter.com/search?q=%24doge&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$doge</a> pumped about 1100% a week after inauguration. Interesting. So far, post election pattern is nearly identical. <a href="https://t.co/DnCK82fvNw">pic.twitter.com/DnCK82fvNw</a>
&mdash; Cephii (@Cephii1) <a href="https://twitter.com/Cephii1/status/1878601732915437876?ref_src=twsrc%5Etfw">January 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42936962/shytoshi-kusama-outlines-treat-tokens-usefulness-ahead-of-launch-optimistic-whales-buy-up-shiba-inu">Shytoshi Kusama Outlines TREAT Token&#8217;s Usefulness Ahead Of Launch, Optimistic Whales Buy Up Shiba Inu</a>
Another technical analyst, going by the pseudonym Chandler, reminded that DOGE hit a new all-time high eight days after the inauguration. To reproduce the feat, DOGE would need to double in value to $0.7316.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">In 2021, the new ATH didn't happen until 8 days after the presidential inauguration. Will it take this long again? <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> <a href="https://t.co/tkzKsQb3Ze">pic.twitter.com/tkzKsQb3Ze</a>
&mdash; Chandler&#x26a1;&#xFE0F; (@ChandlerCharts) <a href="https://twitter.com/ChandlerCharts/status/1879245988583649348?ref_src=twsrc%5Etfw">January 14, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<figcaption class="wp-element-caption">Meanwhile, sentiment has also shifted in the derivatives market. The number of traders placing bullish bets on Bitcoin exceeded those shorting the asset in the last 24 hours, <a href="https://www.coinglass.com/LongShortRatio">according </a>to the Long/Short Ratio indicator.</figcaption></figure>
Why It Matters: Dogecoin enthusiasts are optimistic about the incoming Donald Trump administration, which will have the first-ever <a href="https://www.benzinga.com/news/25/01/42871802/doge-co-lead-elon-musk-and-vivek-ramaswamy-reportedly-on-a-hiring-spree-for-full-timers">Department of Government Efficiency</a>, or DOGE, led by tech mogul Elon Musk.
Investors also appeared to price in promising developments with regard to cryptocurrency regulations in the U.S., with <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42962279/trump-could-sign-crypto-related-executive-orders-on-day-1-report">some reports suggesting that Trump would sign crypto-related executive orders</a> on Day 1.
Price Action: At the time of writing, Dogecoin was exchanging hands at $0.3551, down 9.33% in the last 24 hours, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>. Year-to-date, the coin was up 12.50%, compared to nearly 273% in gains in 2024.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42935597/mark-cuban-advocates-bitcoin-over-gold-during-economic-turmoil-i-think-it-has-more-value-than-gold">Mark Cuban Advocates Bitcoin Over Gold During Economic Turmoil: &#8216;I Think It Has More Value Than Gold&#8217;</a></li>
</ul>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$DOGE

Dogecoin To Hit New All-Time High After Trump Is Sworn In? Influencer Says Pattern 'Nearly Identical' To Last Inauguration

South Korea&#8217;s Hyundai Motor Co. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HYMTF#OTC">HYMTF</a>) and Kia Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/KIMTF#OTC">KIMTF</a>) collectively overtook Dearborn-based Ford Motor Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) in EV sales in the U.S. last year, according to recent data from automotive research company Kelley Blue Book.
What Happened: Hyundai sold 61,727 EVs in the U.S. in 2024 while Kia sold 56,099, taking their collective numbers to 117,826 units. 
American brand Ford, in the meantime, sold only 97,865 EVs, including its three EV models Mustang Mach-E, F-150 Lightning, and E-Transit. 
Other Top Sellers: The top-selling EV brand in the U.S. in 2024 was Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) which sold about 634,000 EVs. Ford was the second-best-selling individual brand.
General Motors Co.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) <a href="https://www.benzinga.com/tech/25/01/42801755/gm-overtakes-ford-ev-sales-in-q4-with-equinox-ev-sells-670-units-of-escalade-iq-priced-at-130000">brands</a> Brightdrop, Cadillac, Chevrolet, and GMC collectively sold only 114,426 EVs, less than Hyundai and Kia together.
Best-selling models: The Ioniq 5 was Hyundai&#8217;s best-selling EV in the year while the EV9 was Kia&#8217;s.
Hyundai sold over 44,000 units of the Ioniq 5 last year, effectively placing it in the fourth position among best-selling EVs after the Tesla Model Y, Model 3, and the Ford Mustang Mach-E. 
Tesla&#8217;s latest addition to its lineup &#8211; <a href="https://www.benzinga.com/25/01/42967593/cybertruck-sales-rise-in-2024-weighed-down-on-tesla-model-s-deliveries-in-us-shows-data">the Cybertruck</a> &#8211; took the place of the fifth best-selling EV in the country, overtaking Ford&#8217;s F-150 Lightning electric pickup.
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/25/01/42967593/cybertruck-sales-rise-in-2024-weighed-down-on-tesla-model-s-deliveries-in-us-shows-data">Cybertruck Success Comes At A Cost: Tesla Sells Nearly 39,000 Units In 2024, But Luxury Model S And X Sales Take A Hit In US, Data Shows</a></li>
</ul>
Photo courtesy: Hyundai

Tech

HYMTF

KIMTF

TSLA

South Korea's Hyundai, Kia Collectively Sold More EVs In US Than Ford In 2024

Prominent economist Mohamed El-Erian highlighted Bloomberg Opinion columnist John Authers&#8216; analysis showing how inflation could derail President-elect Donald Trump&#8216;s economic agenda before it begins, as markets await crucial December Consumer Price Index data.
What Happened: El-Erian, Chief Economic Advisor at Allianz, shared Authers&#8217; <a href="https://www.bloomberg.com/opinion/articles/2025-01-14/inflation-could-derail-trump-2-0-before-it-starts">opinion</a> piece on Tuesday revealing stark political divisions in inflation expectations. According to Authers&#8217; analysis of University of Michigan data, Democrats anticipate 4% inflation while Republicans project just 0.1% &#8211; a historically low level not seen in nearly 70 years without major oil price declines.
The December CPI report, due Wednesday, is expected to show headline inflation rising to 2.9% year-over-year from November&#8217;s 2.7%, <a href="https://www.benzinga.com/economics/macro-economic-events/25/01/42988894/all-eyes-on-december-inflation-betting-odds-signal-risk-of-fed-struggling-to-tame">according to consensus estimates</a>. Core inflation, excluding food and energy, is forecast to hold steady at 3.3%.
Market indicators suggest persistent inflation pressures. Authers notes the 10-year breakeven rate, measuring market-based inflation expectations, has climbed to the top of its two-year range. The University of Michigan&#8217;s consumer survey showed five-year inflation expectations at 3.3%, the highest since 2008.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Given all the focus on US inflation this week, and ahead of tomorrow&#39;s CPI data, here are a few charts from <a href="https://twitter.com/johnauthers?ref_src=twsrc%5Etfw">@johnauthers</a>&#39; Bloomberg Opinion note on &quot;Inflation could derail Trump 2.0 before it starts.&quot;<a href="https://twitter.com/opinion?ref_src=twsrc%5Etfw">@opinion</a> <a href="https://twitter.com/hashtag/economy?src=hash&amp;ref_src=twsrc%5Etfw">#economy</a> <a href="https://t.co/2SbNkpkaag">pic.twitter.com/2SbNkpkaag</a>
&mdash; Mohamed A. El-Erian (@elerianm) <a href="https://twitter.com/elerianm/status/1879266780558106697?ref_src=twsrc%5Etfw">January 14, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/markets/asia/25/01/42993441/south-korean-president-yoon-suk-yeol-arrested-kospi-edges-higher-despite-political-upheaval-won-stable">South Korean President Yoon Suk Yeol Arrested — KOSPI Edges Higher Despite Political Upheaval, Won Stable</a>
Why It Matters: &#8220;If inflation remains sticky, monetary policymakers will be responsible,&#8221; said Joe Lavorgna, former Trump administration economic advisor at SMBC Nikko, questioning the Federal Reserve&#8217;s recent rate cuts despite upward revisions to growth and inflation forecasts.
The inflation outlook complicates Trump&#8217;s proposed economic policies, including planned tariffs that could fuel price pressures. While <a href="https://www.benzinga.com/markets/eurozone/25/01/42900748/us-dollar-drops-on-report-of-trump-tariff-plan-shift">reports show that the Trump team</a> is studying gradual tariff increases under emergency powers, any significant trade barriers could challenge efforts to contain inflation.
Fed funds futures currently show a 55% probability of rate cuts by June 2025, though persistent inflation could delay monetary easing into late 2025 or 2026, potentially constraining <a href="https://www.benzinga.com/economics/macro-economic-events/25/01/42988894/all-eyes-on-december-inflation-betting-odds-signal-risk-of-fed-struggling-to-tame">Trump&#8217;s growth initiatives</a>. 
Read Next: 
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<li><a href="https://www.benzinga.com/markets/equities/25/01/42993388/jim-cramer-eyes-quantum-computing-stocks-like-rigetti-after-gamestop-sell-off-warns-against-super-micro-computer-they-are-trying-so-hard-to-walk-it-up-now">Jim Cramer Eyes Quantum Computing Stocks Like Rigetti, Warns Against Super Micro Computer: &#8216;They Are Trying So Hard To Walk It Up Now&#8217;</a></li>
</ul>
Image Via Shutterstock
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Trump 2.0 Could Be Thwarted By Inflation, Mohamed El-Erian Notes Ahead Of CPI Data Release

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