Just like the internet and smartphones, artificial intelligence can change the world we live in. And, Bank of America has some pointers for investors looking to play this trend that continues to revolutionize the technology industry. “If data is the new fuel, then AI is the new electricity,” Haim Israel strategist said in a Tuesday …
NEW YORK, Feb 28 (Reuters) – Nishad Singh, the former director of engineering at now-declared cryptocurrency exchange FTX, pleaded guilty to US criminal charges on Tuesday and agreed to cooperate with prosecutors’ investigation into FTX’s establishment Sam Bankman-Fried. “I regret my role in all of this,” Singh said, adding that he knew in mid-2022 that …
Feb 28 (Reuters) – Satoshi Nakamoto would be proud. Bitcoin’s youth may finally be repaying the faith of its creator. The 15-year-old cryptocurrency has fulfilled many functions – from the basis of speculation to a hedge against inflation – but has struggled to find its true origins. Now there are signs of growth facing its …
Investors looking for something to blame for the recent stock market swoon need only look at the financial market. The major U.S. stock indexes had their worst weekly performance of the past year last week, with the S&P 500 losing 2.7%. The Dow Jones Industrial Average and Nasdaq Composite lost 3% and 3.3%, respectively. Those …
Here are the key news investors need to start the trading day: Traders work on the floor of the New York Stock Exchange during morning trading on February 22, 2023 in New York City. Michael M. Santiago Getty Images 1. Return Stock futures rose on Monday as the major averages tried to bounce back after …