Commerzbank reports record profit, plans buyback to fend off potential takeover by UniCredit.
From CNBC: 2025-01-31 11:51:37 Commerzbank CEO Manfred Knof predicts a “mild recession.” The bank posted a 20% increase in net
Category: Finance
Bitcoin and crypto expected to boost Nasdaq 100 gains, signaling positive outlook for market.
From CNBC: 2025-01-30 19:00:01 The Nasdaq 100 turns 40, with the potential for a historic shift. Strategas Securities predicts cryptocurrency
OpenAI in talks to raise $40 billion in funding, aiming for $340 billion valuation
From CNBC: 2025-01-30 16:15:20 OpenAI is in talks to raise up to $40 billion in a funding round led by
Stock market rises as investors await Apple earnings
From Yahoo Finance: 2025-01-30 16:07:38 Today, the stock market saw positive movement with the Dow, S&P 500, and Nasdaq all
Deutsche Bank reports weaker Q4 profit due to legal provisions, launches share buyback
From CNBC: 2025-01-30 11:54:18 Germany’s Deutsche Bank reported a weaker-than-expected profit in Q4 2024, attributing it to legal provisions. Net
Apple remains most valuable company heading into earnings, while tech stocks take a hit.
From Dow Jones & Company: 2025-01-30 11:04:43 Apple stock remains steady, while Nvidia drops. Apple holds the title of most
Fed Chair Powell and Trump have had no contact after Trump criticized Fed for rates.
From CNBC: 2025-01-29 16:32:51 Federal Reserve Chair Jerome Powell confirms no contact with President Trump after Trump demanded lower interest
Fed keeps interest rates steady, hints at positive labor market outlook
From CNBC: 2025-01-29 14:16:58 The Federal Reserve kept interest rates steady in response to a volatile economic and political environment.
Trump Media enters financial services sector with Truth.Fi, offering ETFs and cryptocurrency
From CNBC: 2025-01-29 09:31:32 Trump Media and Technology Group is entering the financial services sector with Truth.Fi, offering investment vehicles
Fed Chairman Powell expected to keep interest rates steady despite Trump's calls for lower rates
From CNBC: 2025-01-28 16:46:12 Federal Reserve Chairman Powell is expected to keep interest rates steady despite Trump’s calls for lower
Billionaire Steve Cohen remains optimistic on AI despite market volatility, with Nvidia seeing a drop.
From CNBC: 2025-01-28 15:35:53 Billionaire investor Steve Cohen remains optimistic about AI’s long-term potential, despite recent market volatility. Cohen emphasized
Elon Musk's X and Visa partner on digital wallet, aiming to create financial ecosystem.
From CNBC: 2025-01-28 11:40:45 Elon Musk’s social media platform X launched a digital wallet and peer-to-peer payments with Visa. The
Mediobanca rejects Monte dei Paschi's 13-billion-euro takeover bid citing lack of rationale
From CNBC: 2025-01-28 07:59:12 Italian lender Mediobanca’s shareholders rejected a 13-billion-euro takeover offer from Monte dei Paschi, citing lack of
Nvidia rebounds after major market cap loss due to competition from Chinese startup.
From CNBC: 2025-01-28 07:29:56 Nvidia CEO Jensen Huang unveiled the latest innovations at CES 2025 in Las Vegas. The stock
HSBC exiting M&A and capital markets businesses in UK, Europe, U.S.
From CNBC: 2025-01-28 06:51:06 HSBC Bank plc, a British multinational financial organization, is winding down its M&A and equity capital
The debut of DeepSeek's AI model caused a significant sell-off in U.S. tech stocks
From CNBC: 2025-01-27 11:07:32 A Chinese AI startup, DeepSeek, caused a major sell-off in U.S. tech stocks by unveiling a
Chinese AI start-up DeepSeek causes market plunge with tech stocks plummeting.
From Barron’s.: 2025-01-27 09:33:15 A Chinese AI start-up caused a market plunge, with the Nasdaq down 3.6%, S&P 500 down
Chinese companies are advancing AI models beyond chatbots, with significant revenue growth and global impact.
From CNBC: 2025-01-26 18:07:03 Chinese companies like DeepSeek and ByteDance are swiftly advancing AI models to compete with OpenAI’s ChatGPT.
AmEx saw increased spending at year-end from younger cardholders, but shares fell 2%.
From CNBC: 2025-01-24 13:33:08 American Express’s affluent cardholders increased spending by 8% in the fourth quarter, driven by millennials and
CEOs discuss importance of DEI at World Economic Forum
From CNBC: 2025-01-24 08:42:27 At the World Economic Forum, diversity, equity, and inclusion are hot topics among politicians and business
Monte dei Paschi offers 13.3 billion euros for Mediobanca, part of M&A trend in Italy.
From CNBC: 2025-01-24 04:22:35 Italy’s Monte dei Paschi di Siena launches a 13.3 billion euro takeover bid for Mediobanca, offering
Wealthy leaders teach kids about investing, budgeting, and inheritance for long-term financial success
From CNBC: 2025-01-23 18:16:12 Entrepreneur Eric Malka shifted his mindset when he sold his company, learning lessons he’s now passing
Trump accuses Bank of America and JPMorgan of discrimination against conservatives
From CNBC: 2025-01-23 14:10:15 President Donald Trump accused Bank of America and JPMorgan Chase CEOs of refusing to serve conservatives,
Vanguard fined over $100 million for misleading tax statements in target-date funds.
From CNBC: 2025-01-23 09:54:39 Vanguard was fined over $100 million by the SEC for misleading statements about tax consequences in