US Consumer Sentiment Demonstrates Improvement
In October, local consumer sentiment in the United States showed an increase, reaching a mark that corresponds to a six-month high.
Report - page 25
Morgan Stanley Lowers Climate Target
Morgan Stanley lowered its expectations for cutting emissions in its corporate lending portfolio.
Nvidia Dethrones Apple as World’s Most Valuable Company
Nvidia on Friday, October 25th, became the most valuable company in the world by shifting Apple from the appropriate position.
Identity Startup Socure to Acquire Effectiv
Socure Inc., an identity verification service provider whose functional solutions are used by companies such as Chime Financial Inc. and Robinhood Markets Inc., has agreed to acquire Effectiv, a fraud prevention platform.
Wells Fargo Faces Risk to Lose Up to $3 Billion on Its Office Building Loans
Wells Fargo chief executive officer Charlie Scharf on Thursday, October 24, said that this financial institution, which is one of the largest in the United States, may face losses in the amount of $2 billion to $3 billion on its loan portfolio in the commercial real estate area.
Klarna Launches UK Gift Card Store
Klarna has announced the opening of the Gift Card Store, which was developed in partnership with a global branded payments provider Blackhawk Network.
Barclays Reports Q3 Earnings
Barclays on Thursday, October 24, released information on the results of its operations in the third quarter of the current year.
Bank of Canada Cuts Interest Rates
The Bank of Canada has accelerated the pace of the interest rates cutting.
MoneyLion Launches Financial Products Marketplace
MoneyLion has launched a new marketplace that allows consumers to search, apply for, and make transactions on third-party financial products, including loans, credit cards, and savings accounts.
Startup Hugging Face Seeks to Cut AI Costs
The Hugging Face startup on Wednesday, October 23, announced that it is releasing a new open-source software offering with Amazon.com, Alphabet’s Google, and others.
Morgan Stanley Expands OpenAI-Powered Chatbot Tools to Wall Street Division
Morgan Stanley is expanding the practice of using artificial intelligence tools powered by OpenAI technology in its investment banking and trading unit.
Deutsche Bank Shares Decline Amid Its Earnings
On Wednesday, October 23, the value of Deutsche Bank shares was on a downward trajectory, as the return of this financial institution to profit in the third quarter of the current year did not turn out to be something that impresses or could potentially impress.
IMF Warns of Increasing Risks for Global Growth
Experts from the International Monetary Fund (IMF) have revised down their forecast for the dynamic of global economic growth next year.
Amazon Reportedly to Shut Down Speedy Brick-and-Mortar Delivery Service
The media released information according to which Amazon is shutting down a service that offers same-day delivery from mall and brick-and-mortar retailers.
Is Investors’ Focus on AI Impeding Other Business Segments?
As a particularly promising technology, artificial intelligence (AI) is attracting hundreds of billions in US dollars from various global investors. Is this extreme focus on AI starting to impede other important business segments amid the global foreign investment stagnation?
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