The AI boom just found two new winners: Goldman Sachs and JPMorgan Chase
Goldman Sachs and JPMorgan showed that Wall Street is a major beneficiary of the AI boom, with record revenue driven by surging trading and investment...
Category : Business
Paramount still plans to close WBD merger by end of September despite lawsuit
Paramount is still planning for its acquisition of Warner Bros. Discovery to close by late September despite lawsuit challenge from state attorneys general....
Bank earnings live updates: JPMorgan and Bank of America earnings calls are underway
The five banks releasing earnings Tuesday morning have reported strong revenue from equities trading....
Chipotle is opening its first restaurant in Mexico
Fast casual chain Chipotle announced Monday that it is opening its first location in Mexico in the Monterrey area....
Paramount, WBD hit with lawsuit from 12 states, including California, to block merger
A group of states, including California, filed a lawsuit to block the merger between Paramount and Warner Bros. Discovery....
Big banks poised to report booming revenue propelled by SpaceX IPO, Iran war volatility
Big banks are set to report booming Q2 revenue as the SpaceX IPO, Iran war volatility and a rebound in commercial lending fuel Wall Street’s...
A tiny GLP-1 implant is the latest bet to help patients maintain their weight loss
Vivani Medical is developing an implant of semaglutide, the active ingredient in Novo Nordisk’s obesity injection Wegovy and diabetes counterpart Ozempic....
Delta expects higher airfare to last, bringing 2026 profit goal in reach, CEO says
Delta is the first of the U.S. airlines to report second-quarter results....
Florida’s Palm Beach airport renamed for Trump
Palm Beach International Airport is now called President Donald J. Trump International Airport, the FAA said Thursday....
Goldman Sachs wins $70 billion in asset management deals with Verizon, Lockheed Martin
Competition in the multitrillion-dollar market for retirement assets is fierce among managers such as Goldman Sachs, BlackRock, Russell Investments and Mercer....