Tag: WallStreet

Investors wondering whether to buy into AI stocks after their impressive 2023 run. Microsoft, Palantir & Nvidia offer long-term potential, but considerations must be made on fundamentals, diversification & valuation.

Daiwa Securities Group allows 9,000 of their employees to use AI-powered chatbot ChatGPT to explore the potential of evolving technology. This move follows the lead of global banks such as Deutsche Bank and JPMorgan Chase & Co. incorporating AI in their operations. Daiwa aims to keep up with Wall Street and recruit science graduates to develop high-tech experts in-house. By using AI, banks can streamline processes, better serve clients and save time. This move affirms Daiwa's focus on incorporating AI technology and transforming the financial industry.

Salesforce and C3.ai both reported Q1 earnings above expectations, with plans to lead the AI revolution. Despite a hold ranking, investing in these stocks could prove rewarding.

Goldman Sachs faces leadership changes as Fred Baba and Dina Powell exit. Baba, an influential partner, wrote a viral internal memo about being Black, and is reportedly receiving offers from non-bank trading firms. Meanwhile, Powell McCormick joins BDT & MSD Partners as Vice Chairman and President of Global Client Services. The firm looks to overcome a dealmaking drought and prepare for another round of layoffs. #GoldmanSachs #leadership #FDIBanking

Discover the powerful potential of AI in the economy with ChatGPT! Explore how AI is changing industries, creating wealth opportunities, and unlocking a $15 trillion market.