Who is the new $785 billion investor in sports? https://t.co/coCNwAtCkM ...

Core Viewpoint - Bank OZK reported better-than-expected quarterly results, with earnings per share of $1.58, surpassing estimates and reflecting a 3.9% year-over-year increase [1][9] Financial Performance - Net income available to common shareholders was $178.9 million, up 3.1% from the prior year, exceeding the estimate of $162.9 million [2] - Net revenues reached $428 million, a 2.7% increase year-over-year, beating the Zacks Consensus Estimate of $417.7 million [3] - Net interest income (NII) was $396.7 million, up 2.3% year-over-year, surpassing the estimate of $379.1 million [3] - Non-interest income increased to $31.3 million, an 8.7% rise year-over-year, although slightly below the estimate of $32.2 million [4] - Non-interest expenses rose to $153.2 million, an 11.4% increase from the prior year, exceeding the expected $150.2 million [4] Efficiency and Credit Quality - The efficiency ratio increased to 35.53%, up from 32.67% in the prior year, indicating a decline in profitability [5] - Total loans amounted to $33 billion, a 6.1% sequential increase, while total deposits reached $33.5 billion, up 5% [5] - Net charge-offs to average total loans were 0.10%, down 7 basis points year-over-year, and provision for credit losses decreased by 28.2% to $35.2 million [6] Profitability Ratios - Return on average assets was 1.81%, down from 1.92% in the previous year, and return on average common equity fell to 12.98% from 13.98% [7] Share Repurchase Program - Bank OZK repurchased 1.12 million shares for $43.2 million during the quarter and announced a new repurchase program worth $200 million effective July 1, 2025 [10] Industry Context - Other banks, such as Commerce Bancshares Inc. and Hancock Whitney Corp., also reported positive earnings, benefiting from increases in NII and non-interest income, although they faced challenges from higher provisions and expenses [12][13]

Taiwan Semiconductor Manufacturing Company (NYSE: TSM ) is the market leader in the foundry industry, with a 67.6% revenue market share. Most importantly, the company holds over 90% of the market share in the manufacturing of AI chips.Royston Roche has over a decade of experience in the capital markets. He started his career with Infosys BPM., where he worked for its clients BNY Mellon and Deutsche Bank. Later, he worked with various investors, research companies, and investment firms like Tech Insider Netw ...

[Music] Have you ever been the only different person in the room. Do you know what it feels like to stand out. Not because of what you bring, but simply because you don't look like everyone else.Imagine being the only woman in the room. The only woman on the panel, the only woman whose voice is barely heard or politely ignored. I don't have to imagine it. I have lived it.I'm a woman in technology, a part of the minority. And if you are too or have worked in a male-dominated field, you probably know exactly ...

Venezuela is set to receive a group of deportees freed from jail in El Salvador following an unexpected breakthrough in ongoing talks with the US https://t.co/FKVayMdi0r ...

An updated edition of the June 4, 2025 article.China's technology sector presents an exceptional investment opportunity in 2025, driven by breakthrough innovations, massive government support and attractive valuations. The convergence of AI leadership, semiconductor advancement and strategic government backing creates unprecedented growth potential across multiple high-tech industries and their constituent players like Bilibili (BILI) , NetEase (NTES) and VNET Group (VNET) .AI Revolution Demonstrates Global ...

When I used to sit at Chu Chaiwala spending time with a very very dear friend, we used to talk about how the world was changing ChBT. Chpd is dead and they said Deepseek killed it. And unfortunately um we didn't leave at a very good note and the reason for that is the last question I asked Chad GPT was am I going to be replaced.Are my skills good enough. Um the way the world is changing am I still going to be relevant. And it said nope not really.So I changed the question. I said, "All right, let me know wh ...

The rules, which go into effect next month, create a framework for complying with the AI Act passed by European lawmakers last year. It aims to improve transparency and safety surrounding the technology. Last week, the European Commission published a final iteration of its code for general-purpose AI models, leaving it up to companies to decide if they want to sign. Meta Platforms declined to sign the European Union's artificial intelligence code of practice because it is an overreach that will "stunt" comp ...

Key Takeaways AngloGold Ashanti plc (AU) announced that it has inked a deal with Augusta Gold Corp. to acquire all issued and outstanding shares of Augusta Gold. This move will boost AU's footprint in the Beatty District of Nevada through the acquisition of the Reward and Bullfrog properties. These adjacent properties will add mineral resources. The MSG mine produced 80 thousand ounces of gold in 2024 and 86 thousand ounces in 2023. However, the mine remains one of AngloGold Ashanti's higher-cost and lower- ...

ChatGPT: Everything you need to know about the AI chatbot https://t.co/UcDQ2T7qd5 ...