Benzinga | Detroit Free Press JPMorgan’s stock traders see record revenue in Q1 JPMorgan Chase’s stock traders took in a record haul in the first quarter as the biggest US bank boosted equities markets revenue 48% to $3.81 billion. Sonali Basak reports on Bloomberg Television. Bloomberg Magnificent 7 tech giants saw gains in May, too,
Google will invest $7 billion to officially build a data center in Cedar Rapids and expand cloud and artificial intelligence infrastructure in its Council Bluffs complex, more than doubling its existing investment in Iowa. State and city leaders say the May 30 announcement positions Iowa and Cedar Rapids as leaders in delivering AI technology to
Adria Cimino | The Motley Fool Foxconn plans huge Taiwan AI data center with Nvidia Taiwan’s Foxconn, the world’s largest contract electronics maker, said on May 20 that an artificial intelligence center it announced with Nvidia will be built in phases and is targeted to have 100 megawatts of power. All eyes are on Nvidia
JPMorgan’s stock traders see record revenue in Q1 JPMorgan Chase’s stock traders took in a record haul in the first quarter as the biggest US bank boosted equities markets revenue 48% to $3.81 billion. Sonali Basak reports on Bloomberg Television. Bloomberg JPMorgan Chase JPM.NCEO Jamie Dimon said the bank’s succession plans were unchanged, without giving a timeline for when his successor might
DOJ criminal probe investigates UnitedHealth Group for Medicare fraud The Wall Street Journal reported the Department of Justice is investigating UnitedHealth Group for possible Medicare fraud. UnitedHealth Group UNH.N investors, stunned by missteps at the once predictable healthcare giant, are warily expecting strategic changes in its Medicare Advantage health insurance business over the next year. On Wednesday,
Prosper Junior Bakiny | The Motley Fool Apple to source more iPhones from India to beat Trump’s tariffs: Report Apple is reportedly looking to source more iPhones from India as a way to bypass President Donald Trump’s new tariffs. Straight Arrow News President Trump‘s economic policies are causing significant volatility in the stock market. On
Trevor Jennewine | The Motley Fool Musk to shift focus from DOGE to Tesla after profits plunge Elon Musk told investors he will refocus on Tesla and begin scaling back his involvement with the Department of Government Efficiency (DOGE) in May. unbranded – Newsworthy Tesla (NASDAQ: TSLA) stock has declined 41% year to date, making
Google hopes users harness power of AI to protect against cybercriminals Google is reportedly testing a new AI feature to generate passwords for compromised accounts through artificial intelligence. Straight Arrow News A major shift is beginning in Dickens County, with a highly touted cryptocurrency mining operation taking steps to become a more expansive data center.
BNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. Banco Santander SA has won a Canadian banking license as it continues its expansion across the Americas. Canada’s banking regulator, the Office of the Superintendent of Financial Institutions, issued an order for Santander Consumer Bank to
Ford Motor Company: Understanding the automaker’s history, legacy Explore the rich history of Ford Motor Company, from its groundbreaking assembly line innovations to iconic cars like the Model T, Mustang, and F-150. Ford Executive Chair Bill Ford writes a statement to investors assuring them the company is well-positioned to navigate the challenges this year. Bill