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    Artificial Intelligence

    Big Banks Place Their Bets on AI

    A 2020 report from McKinsey estimates AI technologies could be worth up to $1 trillion for global banks, taking over and improving on mundane tasks, such as high-frequency trades, marketing and fraud detection.

    • 2 days ago
    • Chris Morris


     

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    Video

    Nasdaq Watch

    BlackRock's Wei Li Says These Assets Benefit From 2024 Policy Pivot
    BlackRock chief investment strategist Wei Li breaks down the assets which could benefit most from the central bank monetary policy loosening which is expected to unfold in 2024. "I cannot help but wonder: the laggards, the likes of the small cap, the likes of REITs, the likes of value. We're just waiting for the pivot that we saw this week to actually start to outperform," Li said on Bloomberg Television.
    Dec 15, 2023
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