Brokerages, startups and even retail investors are building AI agents that can help oversee portfolios and automate investing tasks once handled by humans.
Category: Finance News
Visa is cutting 7% of employees in efficiency push as AI reshapes work
Visa plans to cut about 7% of its workforce, or roughly 2,600 employees, as CEO Ryan McInerney seeks to streamline the payments giant.
Stocks making the biggest moves premarket: Coca-Cola, Sherwin-Williams, Johnson & Johnson & more
These are the stocks posting the largest moves in early trading.
Stocks making the biggest moves after hours: Cadence Design Systems, Rambus, Welltower and more
These are the stocks posting the largest moves in extended trading.
Stocks making the biggest moves midday: ASML, SK Hynix, SAP, Forte Bio, Brown-Forman & more
These are some of the stocks posting the largest midday moves.
CME launches single stock futures enabling investors to trade SpaceX, Micron and others 23 hours a day
CME Group on Monday launched cash-settled single-stock futures on 55 U.S. equities, along with micro-sized contracts on 22 names.
Steve Eisman is starting to have doubts about AI. The ‘Big Short’ investor just sold a key tech stock
Steve Eisman is warning that investors may be underestimating the risks if the AI boom fails to deliver on lofty expectations.
Stocks making the biggest moves premarket: Micron Technology, Forte Biosciences, ExxonMobil, Baker Hughes & more
These are the stocks posting the largest moves premarket.
Singapore tightens monetary policy as rising oil prices rekindle inflation risk
Unlike most central banks, the MAS manages medium-term price stability by managing the Singapore dollar exchange rate against a trade-weighted basket of currencies.
Moody’s says ‘unprecedented’ AI spending threatens credit quality of Amazon, Meta, Alphabet and others
Moody’s said AI spending is forcing even the world’s most cash-rich corporations to lean heavily on debt, stock sales and off-balance-sheet moves.