Stock earnings pick of the week: Can Applied Materials spot cracks in the AI spending boom?

Yoevan Khemlani had already begun building his AI company in Singapore when he realized that all his customers were looking somewhere else. Khemlani had started Interfaze, a startup offering a specialized AI model for backend tasks like web scraping, with a team of four in 2025. “As we were training the model, a lot of…

Opinions expressed by Entrepreneur contributors are their own. Key Takeaways If your AI agent performs a simple, easily replicated task — especially at a low price — customers can churn quickly when larger platforms offer the same capability for free. AI products that are built around a specific, “boring” industry’s paperwork, compliance and distribution channels…

What’s at stake: Bankers, tech companies and others are working to define who is liable when AI agents commit errors, fraud or crime. Supporting data: Annual U.S. agentic commerce spending is projected to scale up to $500 billion by 2030, according to Bain consultants. As banks and payment companies adopt agentic AI, one question that…

Cash gifts from parents or close relatives are exempt from income tax, but taxpayers may still have to explain the source of the money if they deposit large amounts in their bank accounts. In a recent ruling in Jhutha Ram vs Income Tax Officer (ITO), Jaipur, the Jaipur Bench of the Income Tax Appellate Tribunal…

Risk management has always been one of banking’s defining capabilities. Every lending decision, payment, investment, trading activity and customer relationship depends upon an institution’s ability to identify, assess and manage uncertainty. For decades, banks have refined sophisticated frameworks covering credit, market, liquidity, operational and financial crime risks. While these foundations remain essential, the environment surrounding…

Onuekwusi joined St. James’s Place in October 2023 as chief investment officer. Credit: mundissima/ Shutterstock.com. St. James’s Place has confirmed Justin Onuekwusi as its CEO, Investments, after he had held the position on an interim basis since January. He takes over from Tom Beal, who had been away on compassionate leave since late last year…