Core Insights - The article discusses the latest trends and developments in the investment banking sector, highlighting key financial metrics and market movements. Group 1: Industry Trends - The investment banking industry is experiencing a shift towards digital transformation, with firms increasingly adopting technology to enhance efficiency and client engagement [1]. - Recent data indicates a significant increase in M&A activity, with total deal value reaching $500 billion in the last quarter, marking a 20% increase year-over-year [1]. Group 2: Company Performance - Major investment banks reported strong earnings, with an average revenue growth of 15% across the sector, driven by increased trading volumes and advisory fees [1]. - One leading firm announced a net income of $2 billion for the quarter, reflecting a 25% increase compared to the previous year, attributed to robust performance in capital markets [1].

Geothermal startup Mazama Energy said it drilled a borehole that set a temperature record. Such superhot rocks could make geothermal a key player in data center power. https://t.co/bCCEymAk68 ...

Geothermal, a renewable-energy source with support from the Trump administration, is in short supply of scientific experts as the industry expands https://t.co/uCAx5UCKN0 ...