Chris McGratty, KBW head of U.S. bank research, joins 'Squawk Box' to discuss his take on earnings from the banking sector, how he would position banks in a portfolio, his outlook for select bank ...

The European Banking Authority proposed cutting in half the amount of data that lenders need to report under a bloc-wide framework, largely by streamlining its biennial stress tests. The net reduction ...

Verizon (VZ) received a downgrade from Buy to Hold with a $52 price target as the stock has climbed 19% year-to-date to $48, compressing upside potential, while Q4 2024 wireless service revenue hit ...

Take-Two, the owner of Grand Theft Auto developer Rockstar Games, has seemingly laid off the head of its AI division, Luke Dicken, and several staff members working under him. " It's truly ...

What just happened? Almost two months since its CEO announced that Take-Two Interactive was "actively embracing generative AI," the owner of Rockstar Games has suddenly laid off a portion of its AI ...

Throughout 2026, growth investors have been rotating capital away from technology stocks. At the heart of this panic-driven selling is fear over AI's impact on legacy software models as well as ...

Just as grilling season ramps up, Wayfair is now offering a new markdown on Weber’s Spirit E-310 gas grill, a three-burner model designed for consistent, everyday outdoor cooking with a smaller ...

Just a day after HSBC’s chief financial officer said the bank would turn to artificial intelligence to cut costs, the bank reportedly is considering up to 20,000 job cuts. Bloomberg News reported that ...

At the rate modern phone batteries deplete, leaving home for a long stretch of time can be a gamble. Doomscroll a little too much during your commute and you might not have enough battery left to get ...

Nordea Bank Abp is putting as many as 1,500 jobs at risk as it expects artificial intelligence to make processes more efficient and cut costs. The reduction of as much as 5% of the workforce through ...

New kinds of aircraft, sorts of “flying cars” that can take off and land with little space like helicopters but function like airplanes, will start operating in US airspace as early as June, the US ...

A small plane skidded off the runway at Raleigh-Durham International Airport on Monday morning. WRAL Sky 5 photographer Marcus Wilson got this video of the plane being escorted safely off of the ...