Major banks and fintech companies claim to be piling into generative artificial intelligence, but there are lingering fears about potential pitfalls and risks.
Kategorie-Archiv: CNBC Financial News
The rich often misjudge the potency of their retirement savings, report finds
Relative to other income groups, high earners tend to think they’re on track for retirement when they’re actually not, a new study found.
Stocks making the biggest moves midday: Carnival, Nasdaq, Oracle, KeyCorp and more
These are the stocks posting the largest moves midday.
Oracle beats on top and bottom lines as cloud revenue jumps
Oracle’s cloud infrastructure revenue growth accelerated in the fiscal fourth quarter, and the company sees revenue faster growth than expected.
Stocks making the biggest moves before the bell: Nasdaq, Illumina, Oracle, Carnival & more
These are the stocks posting the largest moves in premarket trading.
HSBC builds innovation division from the bones of collapsed SVB UK
HSBC unveiled its new HSBC Innovation Banking unit Monday, following its eleventh-hour rescue of the U.K. subsidiary of SVB in March.
UBS says it has completed the takeover of stricken rival Credit Suisse
Swiss bank UBS released an open letter Monday saying that it had formally completed the takeover of its rival Credit Suisse.
Investors are eyeing China’s neighbors as the recovery from ‚zero-Covid‘ slows
Stock markets in South Korea, Japan and India are beneficiaries of the disappointing economic data that has clipped confidence in China.
What one key business indicator is saying about China’s consumer recovery
Businesses in China are spending cautiously on advertising this year as local consumption isn’t expected to bounce back for a while yet.
Here’s what’s hot — and what’s not — in fintech right now
What’s hot in fintech right now? And what’s not? CNBC spoke to some of the top industry insiders at Money 20/20 in Amsterdam. Here’s what they had to say.