— KeyCorp (NYSE: KEY) reported third quarter 2019 earnings of $0.48 per share vs. $0.46 per share expected.
— Revenues grew 1.7% to $1.63 billion vs. $1.64 billion expected.
— Taxable equivalent net interest income fell 1.3% to $980 million versus last year.
— Non-interest income grew 6.7% to $650 million versus the prior-year period.
— Average loans totaled $92 billion. Average deposits totaled $110.3 billion.
— KEY shares rose 1.7% following the announcement.
PepsiCo Inc. (NASDAQ: PEP) reported first quarter 2021 earnings results on Thursday that topped expectations on both the top and bottom lines. The stock has gained 7% in the past
Emerging from the slowdown caused by coronavirus, the financial services sector entered fiscal 2021 on a bright note, thanks to improving economic activity and the COVID-driven boom in stock trading.
Artificial Intelligence has become an integral part of the US economy. According to the analyst’s insights, AI market revenue in 2020 was $25.9 billion. The AI market in the North