Bank of America has set a striking new price target for gold along with a deadline. The call comes as uncertainty surrounding Federal Reserve leadership and broader monetary policy builds. Just last month, U.S. President Donald Trump chose Kevin Warsh as the new Federal Reserve chair to replace Jerome Powell. His appointment led to a sharp sell-off in gold. Related: Fed's Powell Sees Bitcoin as Gold Substitute Is Kevin Warsh bad for gold? Warsh has been considered generally hawkish on policy. He was a ...

Group 1 - The article discusses the impact of AI on the job market, particularly the fear of a significant loss of white-collar jobs due to advancements in AI technology [2][4][10] - Citron Research's report titled "The 2028 Global Intelligence Crisis" suggests a bleak future for white-collar workers, predicting massive unemployment and economic downturns [2][4] - Despite initial market reactions to the report, the market has shown resilience, with the Dow gaining 308 points and the S&P advancing by 0.8% [3] Group 2 - Salesforce reported strong earnings but faced a decline in stock price due to conservative full-year earnings forecasts, despite announcing a $50 billion buyback plan [6][7] - The article highlights a dichotomy in the market, where Salesforce trades at 15 times earnings, indicating a potential undervaluation compared to other software companies [7][12] - Concerns about enterprise software companies are noted, with the potential for earnings degradation but not extinction, as they adapt to AI advancements [11][12][18] Group 3 - NVIDIA is highlighted as a key player in the AI boom, reporting a 75% growth in its data center business and providing better-than-expected guidance, which positively impacted its stock [21][22] - The article argues that AI will create more jobs than it destroys, countering the narrative of a job apocalypse [15][23][24] - The overall sentiment is optimistic about the future of AI and its role in the economy, suggesting that while some companies may face challenges, the industry as a whole will adapt and thrive [20][27][28]

Core Insights - Banco Santander aims to leverage artificial intelligence to enhance profitability and customer base over the next 24 months [1] - The bank targets a profit exceeding 20 billion euros (approximately $23.6 billion) by 2028, up from a record attributable profit of 14.1 billion euros (about $16.7 billion) achieved in 2025 [2] - Santander plans to grow its customer base to over 210 million by 2028, increasing from 180 million at the end of 2025 [2] Strategic Goals - The bank's strategy includes disciplined execution of the ONE Transformation initiative, which focuses on scaling common technology platforms to improve efficiency [3] - Santander expects an efficiency ratio of approximately 36% and a return on tangible equity (RoTE) above 20% by 2028 [3] Investment and Growth - Investments in data and AI are expected to generate over 1 billion euros annually in cost savings and revenues, contributing about 1 percentage point to cost-to-income improvement [7] - Santander anticipates mid-single-digit percentage revenue growth and annual cost reductions, supporting its profit goal of over 20 billion euros by 2028 [8] Expansion Plans - The bank plans to expand its presence in the U.S. by acquiring Webster Bank's holding company for $12.2 billion, with the transaction expected to close in the second half of the year [8] - Upon completion, the combined entity will rank among the top 10 retail and commercial banks in the U.S. by assets and among the top five deposit franchises in key Northeastern states [9]

该业务的成功办理，标志着金湖农商银行在信贷无纸化、流程数字化建设中迈出关键一步，是该行践 行"科技赋能、服务提质"理念的又一具体成果。郑海云 马雯雅 近日，金湖农商银行与金湖县自然资源和规划局深化合作，通过展业平台成功办理淮安地区不动产在线 抵押业务。金湖农商银行龙港支行作为首家试点单位，在总行信贷管理部和授信管理部的全程指导下， 顺利完成全行第一笔通过展业平台办理的不动产在线抵押业务。 此次上线的在线抵押业务，实现了从纸质申办向线上操作的跨越。与传统模式相比，该业务取消了纸质 材料递交环节，相关登记表格实现在线填报，部分字段由系统自动关联提取，既减轻了客户经理的工作 负担，也显著提升了信息的准确性与完整性。通过电子签名扫码认证功能，有效突破了客户临柜办理的 时空限制，大幅提升了业务办理效率，进一步优化了客户体验。 ...

Global Markets and Safe-Haven Demand - Gold prices stabilized around $5,170 an ounce as geopolitical and trade uncertainties prompted investors to seek safe-haven assets, driven by President Trump's proposal to raise global tariffs to 15% following a Supreme Court ruling limiting his trade powers [2][3] - The U.S. Dollar Index declined, further supporting gold prices, while fresh U.S. sanctions on Iran and military buildups in the Middle East added to market volatility, establishing a strong floor for precious metals [3] Major Corporate M&A: Engie's UK Expansion - Engie (ENGI) announced the acquisition of UK Power Networks for an equity value of £10.5 billion, with an enterprise value of approximately £15.8 billion, marking a strategic shift to enhance long-term earnings visibility [4][5] - The acquisition allows Engie to control a grid network serving 8.5 million customers in London and Southeast England, aligning with the UK's investment in power infrastructure to achieve carbon-neutrality goals [5] Asia-Pacific Market Performance - The S&P/ASX 200 in Australia reached a record high of 9,202.90 points, driven by strong performances from major miners and the "Big Four" banks, reflecting high investor confidence despite global trade tensions [6] - In Japan, the Nikkei Average futures rose 0.92%, influenced by positive global equity sentiment, while the fixed-income market faced pressure as benchmark 10-year JGB futures fell, leading to higher yields [7] Geopolitical Tensions in North Korea - North Korea conducted a large-scale military parade showcasing new AI-based strategic weapons, with leader Kim Jong Un pledging to expand the country's nuclear arsenal in response to perceived external threats [8][9] - Despite the military display, Kim expressed openness to improved relations with the U.S. if significant concessions are made regarding sanctions, although analysts remain skeptical about potential diplomatic breakthroughs [10]

春节过后，居民闲置资金集中进入配置窗口，银行理财市场迎来新一轮布局热潮。多家理财公司抢抓开 工季节点，密集推出各类理财产品，一场面向节后回流资金的理财"抢客战"正式打响。 中国邮政储蓄银行研究员娄飞鹏对《证券日报》记者表示，理财公司集中推出开工季理财产品，主要是 为承接节后回流资金与到期存款，同时在低收益环境下通过差异化产品设计提升客户黏性、强化品牌渗 透，满足不同风险偏好投资者的配置需求，实现管理规模与客户群体的双重增长。 差异化竞争态势明显 从机构布局来看，不同类型理财公司差异化竞争态势明显：国有大行理财公司侧重稳健产品线与全场景 覆盖，股份行理财公司聚焦中低风险赛道，通过期限与流动性搭配构建产品矩阵。 农银理财按照风险偏好分层布局，形成"保守+稳健+进取"产品体系。现金管理类产品"农银时时付"76号 支持每日开放申赎，近7日年化收益率为2.08%；稳健型产品"农银安心·天天利"(票息优选)近1月年化收 益率为2.19%；进取型产品"农银进取·灵动"180天(多元衡享)近1月年化收益率达5.66%。 工银理财则构建全场景产品体系，聚焦固收增强类产品，满足投资者稳健增值的需求。其中"天天鑫添 益"采用宏观对 ...

Group 1 - Software companies are expected to survive AI disruption, with the ability to merge and adapt to remain in business, although they are currently priced for perfection [2][4] - A blog post by Citrini Research sparked an AI-related sell-off in software and other sectors, discussing potential future impacts of AI on white-collar jobs and software models, which caused significant market reactions [2][3] - The market's response to AI concerns was deemed overblown, with the stock market exaggerating the potential negative impacts on enterprise software firms [3] Group 2 - Real consequences are anticipated, with software companies likely to trade at lower price-to-earnings multiples due to AI compressing pricing power and revenue growth, but this does not indicate a collapse [4] - The sell-off has negatively impacted sectors that could benefit from AI-driven productivity, such as banks, travel companies, and select retailers [5] - Nvidia's strong performance and guidance indicate high demand for AI, suggesting that AI is a significant driver of economic growth rather than destruction [5][6]

中国人民银行河南省分行有关负责人表示，下一步，将会同相关部门继续加大政策落实力度，支持更多 符合条件的经营主体发行科技创新债券，引导长期、低成本债券资金更高效流向科技创新领域，为全省 培育新质生产力、促进经济高质量发展注入更多金融"活水"。 责编:史健 | 审核:李震 | 监审:古筝 （来源：河南日报） 河南日报社全媒体记者 李鹏 2月24日，记者从中国人民银行河南省分行获悉，中豫产业投资集团近日成功发行2026年度第一期科技 创新债券。至此，河南省银行间市场科技创新债券发行金额突破200亿元。 据了解，自去年5月债券市场"科技板"政策出台以来，我省紧抓政策机遇，聚焦科技型企业发债融资核 心需求，积极推动科技创新债券扩容增量提质。截至目前，全省已推动10家科技型企业、2家股权投资 机构在银行间市场发行科技创新债券31笔、募集资金204.2亿元，加权平均利率2.3%，低于同期债券发 行平均利率0.3个百分点。"全国首批""河南首单"等科技创新债券成果相继落地，在拓宽融资渠道、降 低融资成本、激发市场活力、增强创新能力等方面发挥了良好示范效应。 安阳钢铁集团作为拥有"国家企业技术中心"称号的行业龙头，正处于产业深 ...

As a parent, I’m on the “giving” rather than “receiving” end of Ang Pows during the festive season.However, my children’s bank accounts are sporting a much-welcome ‘fattening’.There is a special kind of satisfaction in taking that gift of “new beginnings” and planting it where it can actually grow. As we enter the Year of the Horse, the Singapore market continues to be that reliable friend, steady, resilient, and full of quality for those with the patience to look. If you are wondering where to “park” your ...

本报记者 彭 妍 春节过后，居民闲置资金集中进入配置窗口，银行理财市场迎来新一轮布局热潮。多家理财公司抢 抓开工季节点，密集推出各类理财产品，一场面向节后回流资金的理财"抢客战"正式打响。 中国邮政储蓄银行研究员娄飞鹏对《证券日报》记者表示，理财公司集中推出开工季理财产品，主 要是为承接节后回流资金与到期存款，同时在低收益环境下通过差异化产品设计提升客户黏性、强化品 牌渗透，满足不同风险偏好投资者的配置需求，实现管理规模与客户群体的双重增长。 差异化竞争态势明显 从机构布局来看，不同类型理财公司差异化竞争态势明显：国有大行理财公司侧重稳健产品线与全 场景覆盖，股份行理财公司聚焦中低风险赛道，通过期限与流动性搭配构建产品矩阵。 农银理财按照风险偏好分层布局，形成"保守+稳健+进取"产品体系。现金管理类产品"农银时时 付"76号支持每日开放申赎，近7日年化收益率为2.08%；稳健型产品"农银安心·天天利"（票息优选）近 1月年化收益率为2.19%；进取型产品"农银进取·灵动"180天（多元衡享）近1月年化收益率达5.66%。 工银理财则构建全场景产品体系，聚焦固收增强类产品，满足投资者稳健增值的需求。其中"天天 ...