Nvidia is powering a supercomputer with 100,000 H100 AI chips. *Stock prices used were the after-market prices of June 3, 2024. The video was published on June 3, 2024. In today's video, I discuss recent updates affecting Nvidia (NVDA 1.25%). Check out the short video to learn more, consider subscribing, and click the special offer link below. ...

Building on its long-term collaboration, KFC China teamed up with Pokémon again this year, offering six new Pokémon toys for this year, designed to appeal to fans of all ages. The exciting lineup included a Gengar memory game, a popular gaming toy; a Pikachu CD player and a Mimikyu spinner that incorporates image recognition and voice recognition technology; and a Pokémon-themed hand-eye coordination trainer that encourage physical activity. Meanwhile, Pizza Hut continued its partnership with Sanrio, the IP ...

Now selling from the mid $500s, the company is offering a mix of ranch and two-story floor plans from its popular Colorado Collection—with select homes featuring walkout basements, covered patios, 3-bay garages and more. In addition, a model home is now available for tours, showcasing the community's stunning two-story Vail II plan. Learn more and explore available homes at www.CenturyCommunities.com/AuroraHighlands. THE AURORA HIGHLANDS Now selling from the mid $500s Location: Shop homes at CenturyCommunit ...

Creeping price hikes have become all too common for consumers recently and Costco has generally been a safe haven for savvy shoppers due to its bulk buys and competitive prices. However, the retailer has upped the prices on some of its popular goods recently. For instance, while most Costco warehouses have gas stations with prices lower than competitors in that area, the company has quietly increased its prices on gas. Costco gas tends to be thirty to fifty cents cheaper than other gas stations, according t ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend ...

Trust fees are recognized from retirement plan, mutual fund administration, investment management, trustee, escrow, and custody and safekeeping services. These asset management services are considered a single performance obligation as it requires the provision of a series of distinct services that are substantially the same and have the same pattern of transfer. The performance obligation is satisfied over time, except for optional services and certain other services that are satisfied at a point in time. ...

Financial Data and Key Metrics Changes - The company reported a net income of $103 million for the first quarter, which includes an additional accrual for the FDIC Special Assessment and a tax expense related to prior intercompany distributions. Excluding these items, adjusted net income would have been $135 million, compared to $140 million in the previous quarter [19][32] - The net interest margin (NIM) increased by 8 basis points to 3.16%, driven by higher average loan balances and the repricing of loans and securities in a higher interest rate environment [20][26] - Deposit balances increased by approximately $191 million, primarily due to a higher level of retail demand deposits [20] Business Line Data and Key Metrics Changes - The ending loan balance increased by $54 million during the quarter, with average loan balances increasing by $612 million driven by substantial loan activity [20] - BPPR generated loan growth of $124 million, primarily from mortgage and auto loans, while Popular Bank saw a $70 million decrease in loan balances due to commercial loan payoffs [20] - Noninterest income was $164 million, a decrease of $5 million from the previous quarter, driven by lower contingent commissions in the insurance business [32] Market Data and Key Metrics Changes - The Puerto Rico economy showed positive trends, with total employment and business activity remaining strong. Passenger traffic at San Juan International Airport increased by 12% compared to the first quarter of 2023 [23] - The hotel occupancy rate in Puerto Rico increased to 84% from 79% in March 2023, with average daily rates and RevPAR increasing by 10% and 17%, respectively [23] Company Strategy and Development Direction - The company is engaged in a companywide transformation aimed at delivering more value and services to clients and deepening relationships. This includes a new marketing campaign in Puerto Rico [22][41] - The company targets a sustainable 14% return on tangible common equity (ROTCE) by the end of 2025, with ongoing efforts to create operational efficiency and manage costs [27][41] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about the economic conditions in Puerto Rico, expecting loan growth of 3% to 6% in 2024, supported by committed federal funds that will enhance economic activity [32][41] - The company anticipates continued NIM expansion throughout 2024, with net interest income expected to increase by approximately 9% to 13% from 2023 levels [32] Other Important Information - The provision for credit losses was $73 million, compared to $79 million in the previous quarter, indicating stable credit quality metrics [32][39] - The allowance for credit losses increased by $10 million to $740 million, with the ratio of ACL to loans held in portfolio remaining flat at 2.1% [39] Q&A Session Summary Question: Update on share repurchase program - Management is working on a potential announcement regarding capital actions in the second half of the year, emphasizing that any new capital actions will depend on various factors [56][60] Question: Optimal mix of money market and investment securities - The company is comfortable maintaining the current range of 45% to 50% for money market and investment securities relative to loans, but this may gradually decrease over time [46][66] Question: Update on bankruptcy proceedings - Management expressed confidence that the bankruptcy proceedings will conclude this year, although the timeline remains uncertain due to ongoing legal complexities [100][102]

Popular (BPOP) came out with quarterly earnings of $1.87 per share, missing the Zacks Consensus Estimate of $1.96 per share. This compares to earnings of $2.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.59%. A quarter ago, it was expected that this company that runs Banco Popular and other banks in Puerto Rico and the U.S. Would post earnings of $1.05 per share when it actually produced earnings of $1.94, delivering a ...

• Net income of $103.3 million in Q1 2024, compared to net income of $94.6 million in Q4 2023. • Common Equity Tier 1 ratio of 16.36%, Common Equity per Share of $71.32 and Tangible Book Value per Share of $60.06 at March 31, 2024. FDIC Special Assessment Increase in Estimate The net income for the quarter ended March 31, 2024, included $22.9 million of expenses, of which $16.5 million is reflected in income tax expense, related to an out of period adjustment associated with the Corporation's U.S. subsidiar ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, ...