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34 stories found

Technologybloombergseeking-alpha2mo ago2 sources

Lazard CEO: US Economy a "Levered Bet on AI"

Lazard CEO Peter Orszag stated that the U.S. economy has become a "levered bet on AI." He highlighted the significant reliance on artificial intelligence for economic growth.

Apple Stock Rises on Strong Quarterly Earnings, iPhone Demand
TechnologyBBCcnbcsvenska-dagbladet+8tvn24vgBusiness InsiderYahoochannel-news-asiaseeking-alphaRapplerzerohedge3mo ago11 sources

Apple Stock Rises on Strong Quarterly Earnings, iPhone Demand

Apple's stock surged after the company reported strong quarterly earnings, exceeding estimates due to robust iPhone and Mac demand, especially in China, and subsequently boosted its financial guidance.

Lazard Challenges Centerview for Venezuela Debt Mandate
Businessbloombergseeking-alpha2mo ago2 sources

Lazard Challenges Centerview for Venezuela Debt Mandate

Lazard is reportedly challenging rival firm Centerview in a bid to secure the mandate for Venezuela's debt restructuring. Lazard is said to be undercutting Centerview in the competitive battle for the lucrative deal.

Businessseeking-alpha2mo ago

Multiple Companies and Funds Declare Latest Dividends

Several companies and investment funds, including Lazard Global Total Return & Income Fund, Corton Enhanced Income Fund, and Frontline, have announced their latest dividend declarations. These declarations include specific per-share amounts for their respective shareholders.