U.S. Bancorp earnings beat by $0.02, revenue topped estimates
Investing.com – U.S. Bancorp (NYSE: USB) reported fourth quarter EPS of $1.07, $0.02 better than the analyst estimate of $1.05. Revenue for the quarter came in at $7.01B versus the consensus estimate of $6.98B. U.S. Bancorp’s stock price closed at $50.90.
Bank of America earnings beat by $0.05, revenue topped estimates
Investing.com – Bank of America (NYSE: BAC) reported fourth quarter EPS of $0.82, $0.05 better than the analyst estimate of $0.77. Revenue for the quarter came in at $25.3B versus the consensus estimate of $25.1B. Bank of America’s stock price closed
Point72’s new AI fund near $1.5 billion after double-digit returns, sources say
By Summer Zhen HONG KONG (Reuters) – Steven Cohen’s Point72 Asset Management’s new artificial intelligence (AI)-focused fund posted a 14% gain after launching just three months ago, growing the fund to nearly $1.5 billion, according to sources familiar with the matter. Point72