Investment strategy

JPMorgan is developing a ChatGPT-like A.I. service that gives investment advice

JPMorgan Chase is developing a ChatGPT-like software service that leans on a disruptive form of artificial intelligence to select investments…

‘Price bubble’ in A.I. stocks will wreck rally, economist David Rosenberg predicts

Investors piling into stocks with artificial intelligence exposure may pay a hefty price. Economist David Rosenberg, a bear known for…

Paramount pops after Buffett’s favorite banker makes ‘interesting’ bet in media giant’s key shareholder

Paramount Global shares jumped nearly 6% on Friday after an investor known as Warren Buffett’s favorite banker piled into the…

JPMorgan Chase cut about 500 jobs this week, including technology and operations roles

JPMorgan Chase cut about 500 positions this week, mostly among technology and operations groups, according to people with knowledge of…

Consumers are starting to fire up China’s pandemic-battered economy, two ETF experts find

China’s pandemic-battered economy is starting to see consumers open their wallets wider, according to KraneShares’ Brendan Ahern. “We’re seeing the…

Major central banks were expected to pause rate hikes soon. Now it’s not so clear cut

The market has long been pricing in interest rate cuts from major central banks toward the end of 2023, but…

Goldman Sachs is cutting jobs again amid Wall Street deals slump

Goldman Sachs is preparing for its third round of layoffs since September as Wall Street firms adjust to a slump…