Bank of America says AI is ‘the new powerhouse’, reveals its top picks to play a role

Bank of America says AI is 'the new powerhouse', reveals its top picks to play a role

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 …

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Bad market swings are all about one thing: Rates

Bad market swings are all about one thing: Rates

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 …

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