Davos WEF
Jamie Dimon claims charges will increase higher than 5% mainly because there is nonetheless ‘a large amount of underlying inflation’
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Jamie Dimon states premiums will increase over 5% mainly because there is even now ‘a lot of fundamental inflation’
Finance
Stocks making the biggest moves after hours: Nvidia, Salesforce, HP and more
Check out the companies making headlines in after-hours trading: Nvidia — The artificial intelligence chipmaker’s shares jumped 5% after Nvidia reported better-than-expected quarterly results , as its data center business recorded year-over-year growth of 73%. Nvidia reported first-quarter adjusted earnings per share of 96 cents on revenue of $44.06 billion, higher than analysts’ estimates for […]
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Finance
Palantir teams up with Fannie Mae in AI push to sniff out mortgage fraud
Key Points An early test showed that Palantir’s technology, which includes elements of artificial intelligence, could identify fraud in seconds that took human investigators two months, Fannie Mae CEO Priscilla Almodovar said. Shares of Palantir have jumped more than 140% since President Donald Trump’s election win in November. The announcement comes as there is a […]
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Finance
Fed worried it could face ‘difficult tradeoffs’ if tariffs reaggravate inflation, minutes show
watch now VIDEO1:4501:45 Fed: Committee well-positioned to wait for more clarity on inflation and economic outlooks Power Lunch Federal Reserve officials at their meeting earlier this month worried that tariffs could aggravate inflation and create a difficult quandary with interest rate policy, minutes released Wednesday show. The summary of the May 6-7 meeting of the […]
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