US Banks Profit Rise Amid Credit Quality Concerns
US banks see profit increase, yet bad loans hit 11-year high as economic uncertainty looms.
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US banks see profit increase, yet bad loans hit 11-year high as economic uncertainty looms.
UBS downgrades long-term USD targets, recommends fading any strength due to expected structural weakness into 2025.
Exploring strategies to address cybersecurity issues in generative AI and large language models by the CSA.
Tom Lee anticipates a 7-10% S&P 500 drop soon, advising caution but highlighting buy-the-dip opportunities.
SEC links cyber breaches to internal accounting controls, sparking debates and compliance challenges for CFOs.
Zscaler's stock fell 13% despite strong Q4 results, due to weak profit outlook for fiscal 2025, below analyst expectations.
Bank of America cuts China's growth forecast to 4.8% for 2024, citing Beijing's reluctance to enhance monetary easing.
UK pivots AI strategy towards public sector, moving away from direct industry investment amid budget reviews.
Illumina defeats EU in court, curbing merger scrutiny and blocking a $432M fine over Grail acquisition.
Despite bullish sentiment in US stocks, Nasdaq shows risks with 79% long positions in loss, warns Citi's latest analysis.
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