Capital One’s Card Purchase Volumes Demonstrate Growth
Last Tuesday, January 21, Capital One published information on the results of its activities for the fourth quarter of 2024.
US - page 10
SoftBank, OpenAI, Oracle Launch $500B AI Infrastructure Project
Stargate Project, a new company supported by SoftBank, OpenAI, Oracle, and MGX, aims to invest $500 billion over the next four years to build robust AI infrastructure in the United States.
Oracle Launches AI Agents for Sales Professionals
Oracle on Tuesday, January 21, released a new set of artificial intelligence agents designed to help salespeople solve several tasks related to customer dealing.
Donald Trump Announces $500 Billion AI Infrastructure Investment
OpenAI chief executive officer Sam Altman, SoftBank CEO Masayoshi Son, and Oracle chairman Larry Ellison arrived at the White House on Tuesday, January 21, along with the President of the United States Donald Trump, and executives from other technology companies, to announce large-scale private sector investments in artificial intelligence infrastructure in the US.
Donald Trump Plans to Impose 25% Tariffs on Mexico and Canada
President of the United States Donald Trump announced last Monday, January 20, during a signing ceremony in the Oval Office that his administration would impose 25% tariffs on goods imported from Canada and Mexico from February 1.
South Korea Braces for Donald Trump’s Policies With Biggest-Ever Export Finance Support
South Korea on Monday, January 20, pledged to set aside a record amount of financial support for exporters to mitigate any potential consequences of a likely change in United States trade policy after the inauguration of Donald Trump.
TSMC Expects Its Chips Act Funding to Continue Under Donald Trump
In the past, the President of the United States, Donald Trump, has accused Taiwan of stealing his country’s chip industry, but Taiwan’s largest microcircuits company is confident that Mr. Trump’s administration will continue funding its projects in the US.
Donald Trump Reportedly to Hold Off on Immediate China Tariffs
The media, citing insiders, published information according to which US President-elect Donald Trump will not unveil tariffs on goods imported from China on his first day in office.
Is TikTok Actually Getting Banned in US?
TikTok users in the US have witnessed their favourite social media in and out of service this Sunday, with no certainty about the future of the short video app in the country.
Bank of America Reports Earnings
Last Thursday, January 16, Bank of America published information about its earnings for the fourth quarter of 2024, which exceeded analysts’ preliminary expectations regarding the dynamic of the relevant indicators.
Citi Plans $20 Billion in Buybacks
Citigroup has cut its closely watched profitability target for 2026, as this lender is currently struggling with regulatory expenses that demonstrate the dynamic of growth.
Scott Bessent Warns Risk of Crisis
Treasury Secretary nominee Scott Bessent warned that a crisis scenario could be realized in the United States economic system, which would become a situation with painful consequences for the middle and working-class people.
U.S. Bancorp and PNC Predict Muted First-Quarter NII on Loan Demand
In the United States, two major regional banks have released muted forecasts for their net interest income in the first quarter of the current year amid uncertainty about the extent to which low interest rates will revive demand for loans.
Wells Fargo Reports Earnings
Wells Fargo securities showed growth on Wednesday, January 15, after the bank released information about its earnings for the fourth quarter of 2024, which exceeded preliminary expectations, and issued strong guidance on net interest income for 2025.
BNY Quarterly Profit Beats Estimates
Bank of New York Mellon Corp. on Wednesday, January 15, released information about its profit for the fourth quarter of last year, which exceeded preliminary estimates because this financial institution earned higher investment services fees from its clients.
Goldman Sachs Profit Doubles
Goldman Sachs Group Inc. earnings exceeded forecasts since its equity traders have demonstrated results that have turned out to be the best in the entire history of observations.
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