Wells Fargo’s second-quarter earnings report revealed a mixed bag of results. While the bank exceeded profit expectations, it fell short of analysts’ estimates for interest income due to rising deposit costs. Net interest income (NII), …
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Microsoft Drops OpenAI Board Seat Amid Antitrust Concerns
Microsoft has stepped back from its observer position on the OpenAI board, a move that signals a shift in the companies’ relationship amid growing regulatory scrutiny. This decision comes after antitrust concerns were raised by …
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