On Thursday, Microsoft Corp. announced it is bringing the power of next-generation AI to its workplace productivity tools with Microsoft 365 Copilot. Currently in testing with select commercial customers, Copilot combines the power of large language models (LLMs) with business data and the Microsoft 365 apps, to unleash creativity, unlock productivity and uplevel skills.
Mixed Bag In Paradise: Bank Of Hawaii Q4 Beats On Profit, Despite Revenue Miss, Net Interest Income Takes A Dive
Bank of Hawaii (BOH) reports Q4 FY23 results, with revenues at $158.07 million, slightly below estimates. The bank, however, exceeds expectations with an Adjusted EPS of $1.01, despite a 4.3% Q/Q dip in net interest income. Total deposits reach $21.1 billion, reflecting consistent growth. Noninterest income, at $42.3 million, experiences a modest Q/Q decline but maintains a positive Y/Y trajectory.
