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.

Tentative AI trade setback; Housing market strength

Wall Street awaits Fed Chair Powell and counterparts at ECB forum Mortgage demand rises for a 3rd straight week 10-year Treasury yield down 1.9 bps to 3.745%

28-06-2023 09:15 GMT by Edward Moya

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