Rocket Logic News Today

call inflation reduction act will not only lower cost for consumers but will not raise taxes on the middle class. republicans argue it will not help you alleviate inflation and it will take money out of peoples pockets and hurt americans across a number of key sectors. chief congressional correspondent chad pergram is live on capitol hill and he has the latest for us. >> good evening, the senate waited all day but the past hour the senate got a text, the bill is 755 pages in length, de...

Malhotra is a proven technology leader with decades of experience in engineering, product development and AI strategy for tech and media companies, including Thomson Reuters, Intel and...

The company continues their trend of success from 2023 with a Q1 earnings report that well exceeded executive expectations.

Rocket Companies announced the hiring of Shawn Malhotra, a former Thomson Reuters and Intel executive, as its first chief technology officer.

Malhotra is a proven technology leader with decades of experience in engineering, product development and AI strategy for tech and media companies, including Thomson Reuters, Intel and...

Qualcomm and Intel veteran Shawn Malhotra comes to Rocket from Thomson Reuters where, as head of engineering, he helped the global media giant develop a cloud-based, API-driven generative AI platform.

On its quest to reclaim the title of nation's biggest mortgage lender, Rocket didn't sacrifice profits, generating $291 million in net income as revenue grew 107 percent from a year ago, to $1.38 billion.

RKT earnings call for the period ending March 31, 2024.

Rocket Companies delivered a $291 million profit in Q1 2024 by reducing costs and increasing investments in artificial intelligence.

The Detroit-based lender unveiled "Rocket Logic" on Tuesday, an AI-fueled platform that can glean insights from 10 petabytes of proprietary data.