Report - page 2

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.

Finance & Economics

Morgan Stanley’s Profit More Than Doubles

Last Thursday, January 16, Morgan Stanley published information about its earnings for the fourth quarter of 2024, which exceeded analysts’ preliminary expectations and demonstrated the positive dynamic due to the bank’s equities and fixed-income traders generating a result surpassing forecasts.

News

German Economy Shrinks for Second Year

In 2024, Germany’s economic system was on a downward trajectory, and 2025 is likely not to be a period of growth and prosperity.

Finance & Economics

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.

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.

Finance & Economics

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.

News

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.

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.

News

AI Agent Market Cap Sees Tremendous Growth

The market capitalisation of cryptocurrencies traded by AI agents surged by 322% in the fourth quarter of 2024.

Finance & Economics

US Small Business Confidence Demonstrates Growth

In the United States, a growth in small-business confidence was recorded last month, which is a continuation of the upward dynamic of the corresponding indicator that began after the November US presidential election.

Fintech & Ecommerce

Klarna Scores Global Payment Deal With Stripe

Klarna has agreed on a major new distribution partnership with fellow fintech unicorn Stripe to expand its reach and add more merchants ahead of its listing in the United States.

News

Chainalysis Acquires Alterya

Blockchain data platform Chainalysis acquired Alterya, an artificial intelligence-powered fraud detection solution that works with cryptocurrency exchanges and fintech companies to identify fraudsters and protect end users of firms from authorized swindle.

News

Databricks Reportedly Raises $5 Billion

Databricks Inc., specializing in software development and headquartered in San Francisco, raised more than $5 billion.

Finance & Economics

JPMorgan Chase Reportedly Eyes Commercial Banking Expansion in Germany

The media on Tuesday, January 14, published information according to which JPMorgan Chase has plans related to the expansion of its presence in Germany.

Science & Technology

AWS and General Catalyst to Speed Up Development of Health-Care AI Tools

Amazon Web Service (AWS) and venture capital company General Catalyst on Monday, January 13, announced a new multi-year partnership as part of their quest to form their own share in the growing market for artificial intelligence technologies intended for use in the healthcare area.

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.