Chevron records highest quarterly profit in six years, beating analyst estimates

designer491/iStock via Getty Images Market Recap The municipal bond market rebounded during the second quarter of 2026 as elevated yields, supportive technical conditions, and resilient investor demand offset concerns surrounding record issuance, geopolitical uncertainty, and moderating economic growth. Following the significant repricing experienced during

South Indian Bank shares fell nearly 9% to an intraday low of Rs 43.27 on Wednesday, snapping a four-session winning streak as investors booked profits after the stock’s recent rally. The stock had gained about 30% over the past three months, driven by optimism over leadership clarity and improving sentiment toward the banking sector. Meanwhile,…

Although JPMorgan recently showed that AI can outperform a 60-40 portfolio, investors are still likely to turn to human advisors during economic turmoil. Processing Content JPMorgan turned heads last week with a report suggesting that AI investing agents could beat the returns of a standard 60-40 portfolio, which allocates 60% of an investor’s assets to…

Arts and crafts retailer Michaels has introduced an artificial intelligence (AI)-powered shopping assistant dubbed “Ask Mike.” Ask Mike was built with Google Cloud’s Gemini Enterprise for Customer Experience and is designed to provide “real-time, personalized creative guidance” to Michaels’ online shoppers, the company said in a news release Tuesday (July 21). “In a digital landscape…

Frankfurt International Bank AG (FIB), a newly licensed German bank, has selected FIS Treasury & Risk Manager, Quantum Cloud Edition, as its core treasury and risk management platform, positioning the institution to build on modern infrastructure from its inception rather than adapting legacy on-premise systems. The partnership reflects a growing trend among next-generation banks that…

The Securities and Exchange Commission has published its annual report derived from its 45th Small Business Forum. Hosted by the Office of the Advocate for Small Business Capital Formation, the report is based on a meeting held this past March. While frequently the recommendations provided by participants make a lot of sense, few typically become…