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AI on the trading floor: Morgan Stanley expands OpenAI-powered chatbot tools to Wall Street division

Nearly 50% of employees at Morgan Stanley and 60% at JPMorgan Chase have access to generative AI software provided by OpenAI.

Published 23 October 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Boeing, McDonald’s, Enphase Energy, Coca-Cola and more

These are the stocks posting the largest moves in premarket trading.

Published 23 October 2024
Categorised as Finance News

Chinese smartphone companies tout AI features ahead of Apple Intelligence launch

Chinese smartphone companies are rolling out artificial intelligence features for local users, adding pressure on Apple.

Published 23 October 2024
Categorised as Finance News

Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says

“The assumption is you’ll have higher inflation, higher interest rates than you would have in the absence of those tariffs,” said IIF CEO Tim Adams.

Published 23 October 2024
Categorised as Finance News

Crypto firm Circle expects the UK to introduce stablecoin laws in ‘months, not years’

“I think we’re within months, not years” of formal U.K. stablecoin laws being introduced, crypto firm Circle’s top policy executive told CNBC.

Published 23 October 2024
Categorised as Finance News

IMF warns on China’s property market worsening as it cuts country’s growth outlook

In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.

Published 23 October 2024
Categorised as Finance News

Stocks making the biggest moves after hours: McDonald’s, Seagate Technology, CoStar Group and more

These are the stocks posting the largest moves in extended trading.

Published 22 October 2024
Categorised as Finance News

Stocks making the biggest moves midday: Genuine Parts, General Motors, Verizon, Philip Morris and more

These are the stocks posting the largest moves in midday trading.

Published 22 October 2024
Categorised as Finance News

IMF says global fight against inflation is ‘almost won’ but warns of rising risks

The IMF projects global headline inflation to fall to 3.5% by the end of 2025.

Published 22 October 2024
Categorised as Finance News

IMF hikes UK growth outlook amid lower inflation and interest rates

The IMF now sees 1.1% growth for the U.K. economy this year, up from its July forecast of 0.7%, and reiterated a forecast for 1.5% expansion in 2025.

Published 22 October 2024
Categorised as Finance News

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