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Goldman Sachs and JPMorgan Chase are emerging as AI winners

TazaPulseJuly 15, 2026

Chairman and CEO of JPMorgan Chase & Co. Jamie Dimon and Goldman Sachs Chairman and CEO David Solomon. Angela Weiss | AFP | Getty Images American megabanks on Tuesday gave evidence that the global artificial intelligence boom isn’t just benefiting tech giants and chip makers. Goldman Sachs and JPMorgan Chase each posted record quarterly revenue...

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T. rex sells for $50M, most expensive dinosaur fossil in auction

TazaPulseJuly 15, 2026

“Gus”, a mounted Tyrannosaurus Rex skeleton, one of the largest T. rex ever found, is pictured during a press preview at the Sotheby’s Breuer building in New York, on July 1, 2026. Timothy A. Clary | Afp | Getty Images A Tyrannosaurus rex specimen sold at Sotheby’s for $50.1 million, becoming the most expensive dinosaur...

US stocks today: Wall Street trades in green; stocks steady as US inflation data better than expected

TazaPulseJuly 14, 2026

US stock market today (AI image) US stocks today: Wall Street traded on a more stable note on Tuesday after a US inflation report came in better than economists had anticipated, helping calm investor sentiment despite a continued surge in oil prices amid fears that the United States and Iran could slide back into a...

Why is IBM stock crashing today? Shares plunge over 25% – here’s what’s driving the fall

TazaPulseJuly 14, 2026

IBM forecast adjusted earnings per share of $2.93 for the quarter, below the analysts’ consensus estimate of $3.02. (AP photo) IBM stock price crash: IBM shares tumbled on Tuesday after the company indicated that its second-quarter revenue would likely fall short of Wall Street expectations. Based on preliminary results, IBM projected quarterly revenue of $17.2...

Govt releases first services production index; 14 of 19 sub-sectors post double-digit growth

TazaPulseJuly 14, 2026

First services production index shows double-digit growth in 14 sub-sectors in April The government on Tuesday released the first trial Index of Services Production (ISP), showing that 14 of the 19 formal services sub-sectors recorded double-digit year-on-year growth in April.The trial index, with 2024-25 as the base year, covers about 60 per cent of India’s...

Trump’s ‘guardian’ fee: How much would a supertanker have to pay to cross Strait of Hormuz?

TazaPulseJuly 14, 2026

Trump, after threatening a renewed US naval blockade, has said that ships will be allowed safe passage via Hormuz for a 20% toll. (AP Photo) Adding to transit cost uncertainty, US President Donald Trump has proposed imposing a 20% reimbursement or toll on cargoes that are transported through the Strait of Hormuz. Traditionally, vessels have...

Not so ‘treasured’ anymore! Why India, China are stacking up gold and trimming US Treasuries exposure

TazaPulseJuly 14, 2026

India’s holdings of the US Treasuries have dropped as per the latest data from US Federal Reserve. Gold has surpassed US Treasuries to become the world’s largest reserve asset – driven largely by the rise in bullion prices in recent years. But the other reality is that gold as a reserve currency, diversifier and safe...

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Bank earnings live updates: JPM, BofA, Citi, Goldman

TazaPulseJuly 14, 2026

The revenue breakdowns analysts are expecting from Bank of America Bank of America is expected to report revenue in its investment banking division of $1.86 billion, according to StreetAccount. Analysts are also expecting the bank to report equities trading reaching $2.77 billion. Net interest income, which is the metric for making loans, is projected to...

Lights out: How Iran quietly moved millions of barrels through Hormuz under America’s nose

TazaPulseJuly 14, 2026

Conditions around the Strait of Hormuz have worsened. As the conflict between the US and Iran escalates, supertankers are quietly transiting through the Strait of Hormuz. Iran has continued moving oil tankers through the Strait of Hormuz in recent days, even before the United States announced that it would reinstate a blockade on Iranian ports...

India-Us Trade Deal: ‘Framework deal ready for India-US trade pact’

TazaPulseJuly 14, 2026

Will Be Signed At Right Time, Both Nations On Same Side, No Challenges Seen: Comm Secy NEW DELHI: Government on Monday asserted that talks for the first tranche of a bilateral trade deal are making good progress and a framework deal is ready, which will be signed at “the right time””There was a very good...