The firm, called iFi AI, launches Wednesday and will use AI models to help generate projected returns for stocks over various time periods.
Schlagwort-Archiv: CNBC
Xiaomi releases electric car $4K cheaper than Tesla’s Model 3 as price wars heat up
Chinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla’s Model 3, as price wars heat up in China’s fiercely competitive electric car market.
UBS chief’s surprise return to the Swiss banking giant bagged him a $15.9 million paycheck
UBS CEO Sergio Ermotti earned 14.4 million Swiss francs ($15.9 million) in 2023 after his surprise return to the helm of the Swiss banking giant.
China’s economy is on track for ’strong‘ March performance, survey says
China’s economy is ending the first quarter on a „strong“ note, according to a business survey published by the China Beige Book on Thursday.
Crypto is ‘like cayenne pepper’ for investors, money manager says: ‚A little goes a long way‘
Investors who hold cryptocurrency like bitcoin only need to allocate a small share of their money to the digital assets to reap benefits, experts say.
Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet
Amazon is spending billions more to back an artificial intelligence startup as it looks for an edge in this new technology arms race.
Walgreens tops quarterly revenue estimates, but narrows profit outlook in ‚challenging‘ economy
Walgreens posted a steep net loss for the quarter as it recorded a hefty goodwill impairment charge related to its primary-care provider VillageMD.
H&M shares jump 14% as profit smashes expectations
The Swedish retailer significantly beat profit expectations for its fiscal first quarter.
BlackRock’s Larry Fink sees Social Security crisis, says 65 retirement age ‚a bit crazy‘
The issue of retirement took center stage in Fink’s letter to shareholders.
Nigeria’s central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis
The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa’s largest economy looks to recover from a historic currency crisis and soaring inflation.