AI and the stock market: Can it pick and predict stocks better than humans?
Artificial intelligence (AI) is making its mark in the world of finance, particularly in the stock market.
Artificial intelligence (AI) is making its mark in the world of finance, particularly in the stock market.
Wall Street fears that even after this year’s brutal selloff, stocks have yet to price in all the risks stemming from central banks’ aggressive tightening as inflation remains stubbornly high.
“What the state wants, the state gets. That makes the business climate unstable and ethically risky,” reports The Wall Street Journal.
SA stocks have made their best start to the year since 2012, and JPMorgan and Bank of America are among those predicting further gains.
Bitcoin has the potential to reach $146,000 in the long term, according to JPMorgan Chase & Co. The cryptocurrency isn’t without its detractors, though.
‘The new range would give the home-rental company a valuation of as much as $42 billion on a fully diluted basis and including proceeds from the offering’, says The Wall Street Journal.
The South African Reserve Bank said the remedial action proposed by the Public Protector to have its mandate changed had a damaging effect on the country.
Last week’s £2bn purchase of Anglo shares, engineered through a complex structure concocted by JP Morgan, gives Anil Agarwal control over the shares for the next three years.
As usual, Mr Market has over-reacted to the news flow. That’s usually a great time to take advantage.
An investigation into the South African FX market found instances of confidential client information being shared by foreign exchange dealers but no evidence of misconduct by major banks.