Inflation eased in June, according to data released by the Bureau of Labor Statistics on Tuesday. Over the last 12 months, consumer prices increased 3.5% before seasonal adjustment, down from 4.2% in May. This was well below the 3.8% annual increase that Bloomberg economists were anticipating. Energy prices, particularly gasoline, were the biggest contributor. The…
By Diana Novak Jones July 14 (Reuters) – A U.S. judge has dismissed a proposed class action accusing Apple of failing to stop the dissemination of child sexual abuse material through its iCloud data storage platform, saying the company is broadly shielded from the claims under a federal law protecting online services from liability for…
Stephen Biggar Director of Financial Institutions Research Stephen is responsible for coverage of large global banks, regional banks and domestic credit card companies. He has covered financial services stocks for more than 20 years. He is also a member of the Argus Investment Policy Committee and Senior Portfolio Group, and frequently appears in print and…
Kristina Ruggeri Analyst: Generalist Kristina began working with Argus Research in 2019. She is responsible for covering selected Consumer Discretionary and Consumer Staples Stocks and has nearly 20 years of experience in the financial services industry. Kristina began her career at Price Waterhouse where she audited asset managers, broker dealers, and banks. Later she joined…
CPU makers Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD), Intel Corp (NASDAQ:INTC, XETRA:INL), Arm Holdings PLC (NASDAQ:ARM) and Qualcomm Inc (NASDAQ:QCOM, XETRA:QCI) are all reporting earnings in the coming weeks, and Bank of America says the results will tell very different stories depending on the business. PC and smartphone sales are still struggling, both down more…
By Saeed Azhar, Nupur Anand and Tatiana Bautzer NEW YORK, July 15 (Reuters) – A rush by technology companies to fund AI infrastructure is boosting dealmaking and financing activity for Wall Street, bankers said on Tuesday, generating lucrative fees from capital raising and loans. Investment banks have reaped strong fees from AI-related deals, including SK…
Galaxy just unveiled GOFR, the Galaxy Onchain Financing Rate, a managed lending program that gives institutions a single blended borrowing rate sourced from DeFi’s biggest money markets. What’s the Scoop? The mechanics: GOFR aggregates variable rates from Aave, Kamino, Morpho, Spark, and other lending protocols, then continuously rebalances them into one optimized rate. Clients borrow…
Whether it’s toxic office politics, endless meetings that should have been an email, or return-to-office mandates, the modern workplace has become a source of frustration rather than fulfillment. In fact, roughly 80% of workers worldwide are checked out at work, according to Gallup, with engagement falling over the past two years and now on par…
Key Points Interested in The Goldman Sachs Group, Inc.? Here are five stocks we like better. Goldman Sachs posted record Q2 2026 results, with net revenues of $20.3 billion and EPS of $20.98, driven by strong client activity and a surge in strategic dealmaking. Global Banking & Markets generated record revenues of $15.5 billion, while…
Key Points Interested in FB Financial Corporation? Here are five stocks we like better. FB Financial posted solid Q2 results with EPS of $1.13 and adjusted EPS of $1.14, while net income reached $58.6 million. Pre-tax, pre-provision net revenue rose about 8% sequentially, and management said the bank remains well-positioned with strong balance sheet growth…
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