JPMorgan analysts recommend two stocks—Hewlett Packard Enterprise (HPE) and California Resources Corporation (CRC)—based on strong financial performance, strategic acquisitions, and growth potential. HPE, a tech company, recently merged with Juniper Networks to enhance AI and cloud capabilities, while CRC, an energy firm, benefits from California's oil and gas sector and potential regulatory changes.

J.P. Morgan's analysts have recommended two stocks for investment: Hewlett Packard Enterprise (HPE) and California Resources Corporation (CRC). The recommendations highlight HPE's merger with Juniper Networks, strong financial performance, and growth potential in AI and cloud computing, while CRC is praised for its oil production, earnings growth, and prospects in carbon management and energy projects. Both stocks are rated 'Buy' with price targets indicating significant upside potential.

Pfizer Inc. is conducting a Phase 1 clinical study to evaluate the safety and pharmacokinetics of PF-07999415 in healthy adults, with results potentially impacting its stock performance. J.P. Morgan strategist Jordan Jackson highlights market resilience and recommends stock picks, including Hewlett Packard Enterprises (HPE) and California Resources. HPE, following a $14 billion merger with Juniper Networks, reports strong financials and growth prospects. California Resources, an energy company, highlights its operations in California’s oil fields and potential for value growth through CO2 pipeline projects and drilling permits.

California Governor Gavin Newsom proposed a bill to streamline oil drilling permits, including a 'plug-to-drill' policy until 2036 and removing CalGem approval requirements for wells under certain conditions. The proposal follows recent shifts in regulatory approach amid refinery closures and cost-of-living concerns. Share prices for in-state drillers rose after the announcement, while environmental groups criticized the bill as enabling unlimited drilling.

California Governor Gavin Newsom proposes a bill to streamline oil drilling permits, including 'plug-to-drill' provisions until 2036 and removing CalGem approval requirements under certain conditions. The proposal follows recent shifts in regulatory policy amid refinery closures and cost-of-living concerns, though environmental groups criticize it as a 'blank check' for unlimited drilling.