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Captial one auto finance data from Equifax indicates auto loan
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Data from Equifax indicates auto loan inquiries remain stable, hinting at sustained pipeline strength for Capital One Auto Finance. This should help COF maintain loan growth targets amid slowing mortgage activity. Ohio-based First Brands, which is owned by businessman Patrick James, said that its Chapter 11 cases pertain solely to U.S. operations, and expects its global operations to continue uninterrupted. In its Chapter 11 petition, First Brands estimated liabilities in the range of $10 billion to $50 billion, while its assets were estimated at between $1 billion and $10 billion. Telenor opened Norway’s first AI factory in November 2024, enabling organizations to process sensitive data securely on Norwegian soil while prioritizing environmental responsibility. Telenor’s Chief Innovation Officer and Head of the AI Factory Kaaren Hilsen discusses the AI factory’s rapid development, going from concept to reality in under a year. Technical charts suggest COF is forming a bullish flag pattern. If Capital One Auto Finance delivers above-consensus loan book growth, traders expect breakout momentum that could test 52-week highs near $145.