Citigroup Reports Earnings
Citigroup on Tuesday, October 15, released information about its earnings for the third quarter of the current year, which exceeded the preliminary expectations of Wall Street analysts.
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Walgreens Closes 1,200 stores
Walgreens is closing about 1,200 locations, which is a decision made against the background of circumstances such as the competition of this pharmacy chain with similar virtual platforms and a decrease in payment for prescription drugs.
Goldman Sachs Earnings Exceed Forecasts
Goldman Sachs has published data on the financial results of its activity in the third quarter of the current year, according to which the revenue and profit of this bank with headquarters in New York City for the mentioned period exceeded preliminary expectations for the corresponding dynamic.
US Consumer Sentiment Declines
In the United States, consumer sentiment has been deteriorating in the current month, as residents of the country continue to be frustrated with the high level of prices for goods and services.
AMD Launches New AI Chip
AMD last Thursday, October 10, launched a new artificial intelligence chip that is aimed directly at competing with Nvidia’s graphics processing units for data centers.
BlackRock Hits $11.5 Trillion of Assets
Last quarter, BlackRock Inc. pulled a record $221 billion in total customer cash.
Wells Fargo Reports Third-Quarter Earnings
Wells Fargo on Friday, October 11, released information about its earnings for the third quarter of the current year.
JPMorgan Chase Earnings Exceed Estimates
JPMorgan Chase has released information about earnings in the third quarter of the current year, which exceeded preliminary forecasts for the dynamic of the corresponding indicator.
SoFi Adds New Credit Cards to Its Product Line
SoFi Technologies has added two new credit cards to its digital financial services line.
Startup Writer Launches New AI Model
The startup Writer, which is based in San Francisco, last Wednesday, October 9, debuted a large model of artificial intelligence.
Amazon Tests Adding Robot Warehouses to Whole Foods
Amazon last Wednesday, October 9, announced that it was testing adding mini-warehouses to Whole Foods supermarkets.
US Inflation Rate Tops Expectations
In September, in the United States, the rate of price growth demonstrated a level that exceeded preliminary expectations for the dynamic of the corresponding indicator.
Mercury Secures $100 Million Credit Warehouse
Fintech company Mercury secured a credit warehouse with Natixis Corporate & Investment Banking for $100 million.
JPMorgan Chase CEO Says Regulators Make It Difficult for Companies to Go Public
JPMorgan Chase chief executive officer Jamie Dimon said last Tuesday, October 8, during a conversation with media representatives that in the United States and the United Kingdom, local regulators made it difficult for companies to go public.
Hurricane Milton Reportedly to Cause Significant Economic Damage
Leading Wall Street analysts argue that Hurricane Milton, which bears down once a century, can cause more than $50 billion in material damage, under a scenario that can be conditionally characterized as moderate, but in the case of a more negative configuration of the situation associated with a natural disaster, the mentioned indicator may grow […]
US Big Banks Lending Income Reportedly to Hit Two-Year Low
The media reports that new reports on the performance of the largest banks in the United States will contain data according to which these lenders have received income from lending which is the lowest for the last two years.
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