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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Worldwide, a number of stories, including 21 days to the election. Both campaigns gearing up and finetuning. We are distracted by Bank Earnings. Jon ferro, jp morgan doing better than good. Citigroupi am getting , on first blush giving us the same enthusiasm we heard from jp morgan. Jonathan jamie dimons jp morgan delivering the beat, and it looks like city group is repeating the action. Figurepoint out, the eps third quarter, 1. 40. A little bit of an upside surprise here. I believe we have sonali basak with us. What are we seeing. Sonali we are seeing a beat on revenue, on fixed income. We are seeing loanloss provisioning higher than what jp morgan put in, but lower than what analysts expected. Perhaps wall street has just gotten it wrong compared with the banks are expecting in terms of loan losses. They are higher than jp morgan, so we are going to want to understand why the divergence, but overall, pretty clean numbers here. T ....

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Hochul, industry leaders & advocates celebrate Empire AI Consortium to make NYS global leader in artificial intelligence

Gov. Kathy Hochul on Tuesday gathered industry leaders and advocates to celebrate a historic agreement with the New York State Legislature to establish Empire AI, a first-of-its-kind consortium to secure New York s place at the forefront of artificial intelligence research, as part of the fiscal year 2025 enacted budget. ....

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New state budget includes funding for the Empire AI consortium

ALBANY, N.Y. New York State has established Empire AI as part of the newly enacted state budget. ....

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State budget funding for Empire AI provides boost to UB

Funding plans for Empire AI, a consortium that will create an artificial intelligence computing center at the University at Buffalo, were confirmed in the newly approved state budget. Empire AI ....

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University anticipates $5 million grant for AI research

University anticipates $5 million grant for AI research
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