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Senior Analyst: Banks Are Set for 25% Earnings Growth as the Capital Markets Boom Accelerates

Devin Ryan, Senior Research Analyst at Citizens, laid out a bullish setup for big banks on Monday’s CNBC segment ahead of Q2 earnings. He said: “Tomorrow is going to be, I think, a really good day to kick things off for the top six banks. We’re looking for about 25% year-over-year earnings growth.” With Bank of America, Citigroup, ... Senior Analyst: Banks Are Set for 25% Earnings Growth as the Capital Markets Boom Accelerates

24/7 Wall St.
Top Tesla investor warns Saylor is destroying Bitcoin

Ross Gerber has run out of patience with Michael Saylor. The Gerber Kawasaki CEO and one of Tesla's most prominent public investors posted on Sunday in response to Saylor's latest Bitcoin content on X, a video captioned "The Right to Bear Arms", with a bluntness that left little room for ...

TheStreet
Chevron (CVX) Launches AI Data Center Power Venture And Extends Australia Gas Supply

Chevron (NYSE:CVX) has launched a new business with GE Vernova and Microsoft to supply natural gas power to AI data centers. The company has also signed a five year extension to supply natural gas to Alinta Energy in Western Australia. Chevron is best known for its oil and gas production. This new move into powering AI data centers links its existing natural gas operations with a fast growing digital infrastructure sector. The partnership with GE Vernova and Microsoft positions Chevron...

Simply Wall St.

(Bloomberg) -- Surrounded by the turquoise waters of the Atlantic and dotted with native fig trees, the archipelago of Fernando de Noronha is one of Brazil’s most coveted tourist destinations. Home to about 3,000 residents, it greets roughly 40 times that number of visitors each year, placing immense strain on an isolated power grid kept alive largely by boatloads of diesel fuel.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Tu

Bloomberg
Why Fortune 500 companies are flocking to open source AI

Ollama CEO Jeffrey Morgan joins Yahoo Finance's Josh Lipton to explain how open-source AI models provide cost savings, data control, and secure localized deployment for major enterprise clients like the Fortune 500.

Yahoo Finance Video
Here's Why Oracle Stock Slumped Today

The technology company needs to overcome doubts over the cost of its AI infrastructure build out ad its reliance on OpenAI.

Motley Fool
Alphabet (GOOGL) Is Turning Its TPU Chips Into An AI Compute Business

Alphabet is moving to commercialize its custom AI chips, known as Tensor Processing Units, by selling TPU capacity to external cloud providers. The company is also preparing a neocloud offering that rents TPU computing power directly to customers. This TPU push positions Alphabet to compete more directly with Nvidia in supplying AI hardware. Alphabet, traded as NasdaqGS:GOOGL, is trying to turn its in house AI hardware into a business line that serves other companies, not just Google...

Simply Wall St.