Bank Earnings, Credit Card Cap In Focus

Group 1 - The U.S. has approved exports of Nvidia's H200 AI chip to China with conditions [3] - Netflix is considering an all-cash offer for Warner Bros. Discovery's streaming and studio assets [3] - JPMorgan Chase reported mixed Q4 results, with earnings exceeding estimates but investment banking revenue missing expectations [5] - Bank of America posted better-than-expected Q4 results, while Wells Fargo's revenue fell below estimates [6] - Citigroup is viewed as fairly valued after a turnaround, with future returns expected to align with earnings growth [6] Group 2 - Trump's proposal to cap credit card interest rates at 10% has faced pushback from banks, with concerns about access to credit [5] - Saks Global has filed for Chapter 11 bankruptcy due to debt issues [8] - China's trade surplus reached a record $1.2 trillion despite tariffs imposed by Trump [8]