On June 30, 2017, Citigroup was managing retail loans and deposits of $142 billion and $307 billion, respectively.
According to management expectations, commercial and investment banks (XLF) posted subdued trading revenues in 2Q17. This decline was mainly due to lower volatility, high valuations, and expectations of profit booking in equities.
In 2Q17, US commercial banks (XLF) posted upbeat performance in investment banking due to fundraising and strategic transactions.
In 2Q17, Bank of America (BAC) posted a 7% rise in revenues to $22.8 billion and a 10% rise in net income to $5.3 billion.
Commercial bankers have had a solid run over the last 18 months, mostly due to rising rates and increased revenues. In this series, we’ll cover the US banking sector, focusing on major drivers and macro policies impacting banks.
According to a recent filing, the Vanguard Group holds the largest chunk of NextEra Energy’s free floating shares among other institutional investors.
NextEra Energy (NEE) stock still appears to be trading at a significant premium compared to its peers and even to its historical average.
NextEra Energy (NEE) stock hit a fresh 52-week high of $150.18 on August 16, 2017. So far, NextEra Energy stock has gained more than 25% this year.
NVIDIA (NVDA) and Intel (INTC) are already working on multi-chip modules. Intel’s embedded multi-die interconnect bridge connects multiple chips from different generations.
Advanced Micro Devices (AMD) launched two Vega GPUs (graphics processing units): Vega 64 and its watered-down version, Vega 56.
AMD’s Vega GPUs (graphics processing units) lag behind NVIDIA’s GeForce GTX 1080 Ti and Titan XP in terms of performance and behind GTX 1080 in terms of power efficiency.
Advanced Micro Devices (AMD) entered the high-end GPU (graphics processing unit) market with the launch of its Vega series.
Advanced Micro Devices (AMD) has finally launched its much-awaited Vega GPU (graphics processing unit) that will compete with NVIDIA’s (NVDA) Pascal gaming GPUs.
Advanced Micro Devices (AMD) recently released its Ryzen 3 series for the budget PC (personal computer) segment.
Advanced Micro Devices (AMD) has upped the core count of consumer CPUs (central processing unit) from the maximum of ten cores to 16 cores.
Before Advanced Micro Devices (AMD) launched its very high end Ryzen Threadripper CPU (central processing unit), it launched its low end Ryzen 3 CPUs for the budget PC (personal computer) segment on July 27, 2017.
Many analysts are bearish on Advanced Micro Devices (AMD) because of the uncertain growth coming from cryptocurrency miners.
Many analysts are bearish on Advanced Micro Devices (AMD), as its earnings growth was largely driven by the cryptocurrency growth instead of Ryzen 7 and 5 CPUs (central processing units).
Advanced Micro Devices (AMD) has been reporting strong double-digit revenue growth on a YoY (year-over-year) basis since fiscal 3Q16 when it launched its first Polaris GPU (graphics processing unit).
There has been a lot of hype around Advanced Micro Devices’ (AMD) entry into the high-end processor market.