It’s the second consecutive quarter FedEx has lowered its sales guidance.
Kategorie-Archiv: CNBC Financial News
Generative AI has landed on Wall Street. Here’s how it can help propel ‚massive‘ revenue growth
Wealth management firms could see billions of dollars in added value thanks to AI, McKinsey & Company found.
GPT and other AI models can’t analyze an SEC filing, researchers find
The findings from Patronus AI highlight some of the challenges of using AI models within big companies in regulated industries like finance.
Swiss regulator calls for more powers after Credit Suisse collapse
Switzerland’s financial regulator on Tuesday called for greater legal powers and vowed to adapts its approach in the wake of the Credit Suisse collapse.
Generative AI has landed on Wall Street. Here’s how it can help propel ‚massive‘ revenue growth
Wealth management firms could see billions of dollars in added value thanks to AI, McKinsey & Company found.
Fed’s Goolsbee says he was ‚confused‘ by last week’s market reaction
The President of the Federal Reserve Bank of Chicago said the market may have read too much into last week’s central bank update.
Asia’s family offices have been betting big on risk — but that could be changing
A global survey by Citi showed there has been a shift out of cash and into risk assets by family offices around the world — with one notable exception, Asia.
SoftBank-backed metaverse firm Improbable sells a key gaming venture for $97 million
Improbable has sold The Multiplayer Group, a multiplayer games services company it bought in 2019, to Keywords Studios for £76.5 million ($97.1 million).
The best — and worst — countries to retire in Europe
Moving to another country to eventually retire requires a lot of careful research and planning, taking into account social security, health care, and finances.
Fed sparking irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns
Sheila Bair, known for leading the FDIC during the 2008 financial crisis, warns that the inflation fight is far from over.