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JPMorgan CEO Jamie Dimon says AI is not just hype — ‘This is real’

The Wall Street executive told CNBC’s Leslie Picker on Monday that artificial intelligence is not just a passing fad and will “be used in almost every job.”

Published 26 February 2024
Categorised as Finance News

Jamie Dimon is ‘cautious about everything’ as he sees risks to a soft landing

Dimon thinks there’s a better-than-even chance that the U.S. is heading for a recession, though he doesn’t see systemic issues looming.

Published 26 February 2024
Categorised as Finance News

Stocks making the biggest moves midday: Berkshire Hathaway, R1 RCM, Freshpet, Amer Sports and more

These are the stocks posting the largest moves in midday trading.

Published 26 February 2024
Categorised as Finance News

Jamie Dimon on Capital One’s $35.3 billion Discover acquisition: ‘Let them compete’

Dimon acknowledged that if regulators approve the Capital One-Discover deal, his bank will be eclipsed as the nation’s biggest credit-card lender.

Published 26 February 2024
Categorised as Finance News

Major airlines raised fees for checked bags. Here are 7 ways to cut costs

Alaska Airlines, American Airlines, JetBlue Airways and United Airlines increased checked-bag fees in 2024. There are ways for travelers to cut those expenses.

Published 26 February 2024
Categorised as Finance News

Goldman Sachs and Abu Dhabi’s Mubadala ink $1 billion partnership to invest in Asia Pacific

The $1 billion private credit partnership will co-invest in the Asia Pacific region, with a particular focus on India.

Published 26 February 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Domino’s Pizza, Berkshire Hathaway, Moderna, Fluence Energy and more

These are the stocks posting the largest moves in premarket trading.

Published 26 February 2024
Categorised as Finance News

Berkshire shares jump after big profit gain as Buffett’s conglomerate nears $1 trillion valuation

The Omaha-based conglomerate on Saturday posted strong fourth-quarter operating earnings of $8.481 billion, about 28% higher than the $6.625 billion from the year-ago period

Published 26 February 2024
Categorised as Finance News

After doubts about Alibaba’s future, co-founder Joe Tsai says: ‘We’re back’

Chinese e-commerce giant Alibaba is back on track to be a top market player after a period of pressure, co-founder Joe Tsai told CNBC’s Emily Tan.

Published 26 February 2024
Categorised as Finance News

Xiaomi bets big on its new electric vehicle — targets 20 million premium users

Xiaomi is putting a premium price on its first electric car because it already has about 20 million users in that segment, Group President Weibing Lu told CNBC.

Published 26 February 2024
Categorised as Finance News

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