Financial Highlights from the Recent Week You Should Know About:
- AI IN FINANCE: MS EXCEL has a new AI function
Microsoft has added a new AI COPILOT function to Excel to assist you with those large financial models and data dumps. - M&A: Oil & Gas M&A in the US Quadruples
Oil & Gas M&A in the US quadrupled in 2024, led by ExxonMobil, with $8.4 billion in acquisitions alone.
The increase in M&A showed a shift in strategy to focus on growth. - MARKETS: UK inflation rises above 3.8%
Inflation in the UK has risen to its highest in 18 months to 3.8%. The surge in inflation seems to be driven by skyrocketing air fares that have risen 30.2%. - HR: JPMorgan Chase hopes new high-tech HQ will lure staff back to office
JPMorgan’s CEO, Jamie Dimon, has been outspoken about hishatred for remote workdesire for staff to return to the office and if you’re lucky enough to work at the New York HQ, you might feel a bit better about going into the office with their fancy and swanky new HQ that’s about to open.
The new HQ is a 60-story newly built tower with high-tech features such as:
– Biometric security measures
– Optimized lighting that supports a human’s natural circadian rhythm
– Wellness facilities
– Work at JPMC app that helps you navigate through this new inner city
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