Roads, water and telecom towers can beat the AI hype. This fund manager flags the infrastructure stocks to buy now.
Lazard portfolio manager Bertrand Cliquet says infrastructure companies are worth more than the AI hype sometimes linked to them.
Lazard portfolio manager Bertrand Cliquet says infrastructure companies are worth more than the AI hype sometimes linked to them.
Fed’s Daly, Musalem united on credibility concerns as bond selloff persists, but split on policy !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
OpenAI has acquired NextSlide, a startup that uses artificial intelligence to help workers develop presentations. The deal happened earlier this year but was announced Friday (Aug. 7) by Ahmed Beshry, NextSlide’s founder, on his LinkedIn page. NextSlide’s website also includes a message from Beshy on the deal, though no financial information has been released. “We…
Key Takeaways Now that mobile banking has become routine for many people, some digital banks with no branches are working to become the primary institution for more depositors. At the same time, several major traditional banks are doubling down on branches. The declining need for teller services also has some banks revamping their physical locations…
AI is splitting the labor market in two, and most companies are building for the wrong side.
Financial analysts continue to express growing confidence in Robinhood Markets‘ (NASDAQ: HOOD) strategic evolution, with Bernstein recently elevating its outlook on the fintech company’s shares. The firm hiked its 12-month price target for HOOD to $160 from $130 while maintaining an Outperform recommendation. This move underscores expectations that newer revenue streams, particularly in prediction markets…
The global securities and investment landscape is rapidly being reshaped. Among the challenging market conditions of recent years, institutional investors have turned to resilience-building as their central driver of growth. “The way our clients seek to build resilience varies across businesses, segments, and markets,” says Ee Fong Soh, Group Head of Financial Institutions, Securities & Fiduciary Services, Global Transaction Services, DBS Bank. “Yet we see a common dual objective across the board: the pursuit…