JPMorgan Chase & Co. has started publishing research reports on top private companies, with OpenAI as the initial focus. These reports aim to provide insights into influential firms like SpaceX and ByteDance, excluding ratings and price targets. Private markets are rapidly growing, with over 1,000 unicorn startups in North America alone valued at nearly $4 trillion collectively. JPMorgan’s move aligns with the trend of private companies shaping industries, reflecting CEO Jamie Dimon’s concerns about the declining number of public companies. The bank’s goal is to bridge the information gap and evaluate the next generation of market leaders.

Read more at Nasdaq.: JPMorgan Expands Research Coverage To Private Market Giants As C Accelerates