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Truist Financial sells its $5.5B near-prime auto loan portfolio via Regional Acceptance Corp, signaling a sharp strategic pivot toward higher-margin business lines.
Microsoft has not confirmed October 28 or an after-close report. Learn what is official, what is estimated…
DELL Q1 FY27: $43.8Bn revenue (+23% vs consensus, +88% YoY), non-GAAP EPS $4.86 (+65% vs $2.94 consensus), AI-Optimized Servers +757% YoY to $16.1Bn. $24.4Bn AI orders booked. FY27 AI server guide rai
Nvidia CEO Jensen Huang projects revenue will surge to $680 billion next year, asserting the company is the indispensable foundation of the entire AI
Pam Kaur, the first woman to serve as finance chief at Britain's largest bank, will leave HSBC before next year's AGM and will not stand for board re-election.
Blue Hill Advisors and Merion Road Capital Management are pressing United Bancorporation of Alabama for board representation, accusing the bank of "inaction" while the bank fires back, calling the demands "unreasonable."
John Marshall Bancorp's $253M acquisition of Eagle Financial Services would nearly triple its branch network and almost double its total assets.
Brant Standridge, who led Huntington's consumer and business banking since 2022, is elevated to president with oversight of all revenue-generating units.
Adobe printed $6.62B revenue (+13%) and $5.96 non-GAAP EPS, both above guide, with AI-first ARR tripling past $500M. The print pushes back on the AI-displacement de-rate that left it near 10x forward
EverBank and WaFd have agreed to a $3.9B merger set to close in Q1 2027, creating a combined institution with $75B in assets and $59B in deposits.
Kansas-based Equity Bank agrees to acquire Iowa's Lincoln Savings Bank for $123.8M, adding 16 branches and lifting combined assets to $9.1 billion.
Industry veteran Mike Lyons has assumed leadership of Truist Financial, inheriting a bank that analysts say urgently needs a bold and ambitious growth strategy.