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U.S. Bancorp and PNC Predict Muted First-Quarter NII on Loan Demand
Finance & Economics

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
News

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
News

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
News

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.

JPMorgan Chase Breaks Its Own Earnings Record
Finance & Economics

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 Consumer Prices Increase Slightly Above Expectations
News

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
News

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
News

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
News

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
Finance & Economics

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
News

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%
News

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
News

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
News

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
News

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
Science & Technology

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.