ChatGPT may be able to predict stock movements, finance professor shows
Alejandro Lopez-Lira, a finance professor at the University of Florida, says that large language models may be useful when forecasting…
Most Americans are not confident in how China’s Xi will handle world affairs, Pew survey finds
Most U.S. adults in a survey say they have little confidence that Chinese President Xi Jinping will “do the right…
Fed expects banking crisis to cause a recession this year, minutes show
WASHINGTON – Fallout from the U.S. banking crisis is likely to tilt the economy into recession later this year, according…
Warren Buffett says he doesn’t understand A.I. but he asked ChatGPT to write a song in Spanish
Legendary value investor Warren Buffett said he has no expertise in artificial intelligence whatsoever, but thanks to Bill Gates, he…
Warren Buffett says we’re not through with bank failures
Investing legend Warren Buffett believes there could be more bank failures down the road, but depositors should not ever be…
Stocks making the biggest moves premarket: Shopify, Global Payments, MongoDB and more
Check out the companies making headlines before the bell Wednesday. Shopify — Shares of the e-commerce company gained 2.4% after…
Warren Buffett explains why he bought 5 Japanese trading houses: I was ‘confounded’ by the opportunity
Warren Buffett said he was “confounded” by the opportunity to buy into five Japanese trading houses two years ago. “I…
Banking turmoil was not a crisis but ‘the downside risks are real,’ IIF boss warns
The banking sector turmoil that led to the collapse of several lenders was not a systemic crisis and has now…
Wall Street is wrong: Former Pimco chief economist Paul McCulley predicts rate hikes will end next month
Wall Street is wrong about the Federal Reserve’s interest rate path, according to former Pimco chief economist Paul McCulley. Barring…
Stocks making the biggest moves midday: WW International, CarMax, Mohawk, Moderna and more
Check out the companies making headlines in midday trading. WW International – Shares of the WeightWatchers parent surged 48%. Goldman…
