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Investment banks start earnings season with robust profits

The US banking sector closed 2024 with strong results as JPMorgan Chase, Wells Fargo, Citigroup and Goldman Sachs reported quarterly results beating Wall Street expectations. These reflect last year's market recovery after previous declines. Optimism persists in expectations for future periods, although some risks remain.

Investment banks start earnings season with robust profits

https://feedit.cz/2025/01/21/investicni-banky-zahajily-vysledkovou-sezonu-s-robustnimi-zisky/

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Intuit Stuns Wall Street Again: AI Momentum, Strong Growth, and Rising Investor Confidence

Intuit Stuns Wall Street Again: AI Momentum, Strong Growth, and Rising Investor Confidence

When you say Intuit, many investors think of the familiar TurboTax or QuickBooks – software tools that help people and businesses manage taxes and accounting. But beneath the surface of this seemingly boring administration, the story of one of the most dynamic companies of today is taking place today. A story that has more and more to do with artificial intelligence, vision and investment perspective.

BYD Breaks the Balance: Chinese Carmaker Overtakes Tesla’s Spot

BYD Breaks the Balance: Chinese Carmaker Overtakes Tesla’s Spot

April's results of the European car market, compiled by the analytical company JATO Dynamics, revealed a breakthrough change. BYD, which originated in China, in this key market, in sales of battery electric vehicles (BEVs), surpassed Tesla for the first time, which also ranked among the top ten most frequently registered brands. In addition, these record numbers also supported the stock price itself, which made investors think – BYD or Tesla?

Regeneron Salvages What It Can: The Acquisition of 23andMe Opens a New Chapter for Both Parties

Regeneron Salvages What It Can: The Acquisition of 23andMe Opens a New Chapter for Both Parties

Just a few years ago, 23andMe was synonymous with a pioneer in the field of genetic testing for consumers. Its IPO took place in 2021, and at the peak of its performance, the company boasted a total value of around $6 billion, but since then the dream has gradually crumbled. The troubled period began with a massive leak of sensitive data of its customers, later the situation worsened financially, and bankruptcy is currently underway, in which Regeneron is involved. Will it help?

Saudi Arabia as the New Centre of AI: What Does the Technological Alliance with the US Mean?

Saudi Arabia as the New Centre of AI: What Does the Technological Alliance with the US Mean?

On Tuesday, May 13, 2025, the United States and Saudi Arabia announced the conclusion of a strategic economic partnership worth $600 billion. A key part of this package are large-scale agreements on cooperation in the field of artificial intelligence (AI), which can fundamentally reshape not only Saudi Arabia's position in the global technology rankings, but also the direction of American AI companies, geopolitical tensions with China, and the future of AI infrastructure in the wider Middle East region.