A Librarian Is Offering a Class on Avoiding AI. The Response Is Huge
Want to stop AI from nagging you on your phone? Your local library might help.
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Men are more likely to consult AI for a pay bump
There are clear signs that AI has been adopted at different rates along gender lines, driven in large part by greater skepticism on the part of women. This gap in adoption has narrowed over time: A recent study by the Pew Research Center found men and women now use AI chatbots at similar rates, relative…
Tata Sons Chairman Race: T V Narendran, Saurabh Agrawal and Ashishkumar Chauhan Emerge as Key Contenders
The search for N Chandrasekaran’s successor as chairman of Tata Sons is gathering pace, with several prominent business leaders emerging as potential contenders. Tata Steel chief T V Narendran, Tata Sons Executive Director and Group CFO Saurabh Agrawal, and NSE Managing Director and CEO Ashishkumar Chauhan are among the names being discussed, according to people…
NuScale Power’s CFO Sells 20,000 Company Shares Amid a 74% Stock Decline Over the Trailing 12 Months
Key Points The transaction realized a total value of ~$190,000 at a weighted average price of $9.49 per share. The transaction size represents 21% of the direct equity stake held before the filing. The disposition was executed as an exercise-and-sell transaction involving 20,000 options at a strike price of $3.20 per share. 10 stocks we…
Month-end fixing to be mildly supportive of the dollar
BofA notes that their month-end rebalancing model is pointing to outflows in EUR/USD and GBP/USD into the month’s fix. The firm says that: “We estimate FX rebalancing needs based on a conventional 60/40 portfolio of global equities & bonds. The underperformance of USD vs GBP & EUR denominated assets over August suggests rebalancing out of…
Here’s Why Shares in Venture Global Soared This Week (Hint: It’s Iran-Related)
Key Points Shares in Venture Global (NYSE: VG) rose by 11.2% in the week to Friday morning as the market began pricing in a breakdown of the U.S.-Iran ceasefire. It’s far from clear whether the memorandum of understanding (MoU) between the U.S. and Iran remains relevant, and whether the Strait of Hormuz will be fully…
