Business News

Business

Bank of America Surges with an 11% Jump in Q1 Net Income to $7.4B, Beating Expectations

Bank of America announced an 11% increase in Q1 net income to $7.4 billion, with diluted earnings per share up 18% to $0.90. Revenue grew by 6% to $27.4 billion, exceeding expectat...

Business

Citigroup Surpasses Expectations with a 3% Revenue Increase to $21.6 Billion in Q1 2025

Citigroup Inc. reports a 3% revenue increase to $21.6 billion in Q1 2025, with net income up 21% and earnings per share soaring 24%. CEO Jane Fraser highlights the company's strong...

Business

Breaking New Ground: Blackstone Joins Forces with Vanguard and Wellington to Revolutionize Investment Access

Blackstone Inc. partners with Vanguard and Wellington Management to create investment products for everyday investors, offering access to multiasset portfolios and potentially incl...

Business

Nvidia Unveils Revolutionary GeForce RTX 5060 Series with AI-Powered Rendering and DLSS 4

Nvidia introduces the GeForce RTX 5060 series, featuring AI-powered rendering, DLSS 4, and full ray tracing. Built on the Blackwell architecture, it supports over 100 DLSS 4 titles...

Business

Stellantis Chairman Warns: Tariffs and Overregulation Pose Dire Threats to US and European Auto Industries

Stellantis Chairman John Elkann warns that tariffs and overregulation could severely impact the auto industry in the US and Europe, calling for urgent action to prevent job losses ...

Business

IndusInd Bank Leads a Spectacular Surge in Banking Stocks with Over 6% Rally

Banking stocks, led by IndusInd Bank with a 6.84% surge, dominated the market as both private and public sector banks recorded significant gains. Interest rate cuts and improved in...

Business

Trump and Modi's Friendship: A Strategic Alliance Amidst Global Trade Tensions

US President Donald Trump and Indian Prime Minister Narendra Modi share a friendship that fosters joint interests and collaborative efforts, from combating terrorism to navigating ...

Business

Stellantis Chairman Warns: US and European Tariffs and Regulations Threaten Auto Industry Future

Stellantis Chairman John Elkann warns that US and European tariffs and regulations could jeopardize the auto industry's future, threatening jobs and innovation. He calls for urgent...