JPMorgan Chase Breaks Its Own Earnings Record
JPMorgan Chase & Co. recorded an annual profit, which turned out to be the largest among all similar indicators of other lenders in the history of US banking.
US - page 11
US Consumer Prices Increase Slightly Above Expectations
In December, an increase in consumer prices was recorded in the United States, the pace of which slightly exceeded preliminary expectations regarding the degree of intensity of the upward dynamic of the corresponding indicator.
US Tightens Its Grip on AI Chip Shipments
Last Monday, January 13, the United States government announced the continuation of its efforts to expand restrictions on the export of artificial intelligence chips and technologies.
Apollo to Buy Argo Infrastructure
Apollo Global Management Inc. has agreed to buy Argo Infrastructure Partners in a cash and stock deal that will add about $6 billion to the company’s assets.
HPE Reportedly Wins $1 Billion AI Server Deal
Hewlett Packard Enterprise Co. won a deal worth more than $1 billion to provide servers optimized for artificial intelligence, to social media platform X, owned by Elon Musk.
US Plans to Ban on Chinese Connected Vehicles
The administration of the President of the United States Joe Biden plans to finalize rules next week aimed at cracking down on Chinese vehicle software and hardware.
US Job Growth Beats Expectations
In the United States, an unexpected acceleration in job growth was recorded in December.
Bank of America Bonuses for Investment Bankers Reportedly to Rise About 10%
Bank of America’s bonus pool for investment bankers is likely to increase by 10% for last year.
Fed’s Susan Collins Supports Gradual Approach to Rate Cuts
Federal Reserve Bank of Boston President Susan Collins said on Thursday, January 9, that significant uncertainty about the outlook requires the United States financial regulator to take a cautious approach in the context of making decisions about cutting interest rates.
Fed’s Christopher Waller Supports Further Cuts
Federal Reserve Governor Christopher Waller said he believes inflation will continue to cool towards the United States central bank’s 2% target.
Intel Says New Laptop Chips to Extend Computer Battery Life
Intel Corp., which is currently symbolically and practically fighting for its place in the sun in the global technology sector and in the notebook processor market particularly, where its position in terms of competitiveness has faced the prospect of a significant weakening in recent years amid increased competition, said that the new range of chips […]
Qualcomm’s New Chips to Bring AI to $600 Personal Computers
Qualcomm Technologies Inc. announced the Snapdragon X Platform, the fourth platform in its portfolio of Snapdragon X computing systems designed to deliver performance, multi-day battery life, and Copilot+PC experiences for even more users worldwide.
AWS to Invest $11 Billion in Georgia
Amazon Web Services (AWS), backed by local leaders, has announced plans to invest an estimated $11 million to expand its infrastructure in Georgia.
Donald Trump Announces $20 Billion Plan to Build New Data Centers
President-elect Donald Trump, who will return to the White House this month, announced that Hussain Sajwani, the Emirati billionaire businessman who founded the property development giant DAMAC Properties, will invest $20 billion in building data centers across the United States.
Landmark Tax Ruling: Bitcoin Investor Ordered to Surrender Crypto Keys
The landmark ruling came after the Bitcoin investor failed to report large gains from cryptocurrency trading.
US Trade Deficit Increases
In November, an increase in the trade deficit was recorded in the United States.
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