Artificial intelligence (AI) news

Artificial intelligence is transforming finance. AI algorithms analyse data, predict trends, and automate trading. Companies involved in the development of artificial intelligence are impacting market efficiency and potentially increasing volatility in the global economy.

Stocks rebound on strong data and AI interest

Global bond yields rise; 10-year Treasury rises 4.1bps to 3.762% Consumer Confidence hits highest levels since January 2022 Dow eyes first gain in 7 trading days US stocks are bouncing back after some strong US economic data gave a boost to consumer discretionary stocks and as investors piled back into AI trades. The losing streak had to end, but that doesn’t mean the market will resume.

27-06-2023 14:16 GMT by Edward Moya

AI FOMO versus economic realities

“Artificial Intelligence” (AI) equity-theme plays are the main contributor so far in the current bull market. Non-technology companies are now jumping into the AI-related bandwagon. The gap between current AI optimism and economic cyclical factors has widened.

21-06-2023 04:04 GMT by Kelvin Wong