JPMorgan Chase has developed AI agents that dynamically allocate between stocks and bonds, outperforming the traditional 60/40 portfolio by 0.7 percentage points annually with lower volatility in two …
JPMorgan Chase is testing an AI tool called Smart Cash that can automatically move money between checking accounts and higher-yielding brokerage products without human approval. The bank has reclassif…
SK Hynix is guiding investors to price its US listing at $149 per American depositary receipt, about 3.1% above its Korea close, according to people familiar with the matter. The offering could raise …
Goldman Sachs Group has become Taiwan's largest foreign brokerage by trading volume in the first half of 2025, rising from 10th place, by expanding coverage of quant funds seeking AI exposure. The ban…
Stanford professor Nicholas Bloom predicts the 2026 FIFA World Cup will create a 'summer of working from home' due to late-night matches, rising commuting costs, and a heat wave. Goldman Sachs, JPMorg…
OpenAI is hiring an investment banker for its Applied AI team in San Francisco, offering a base salary of $185,000 to $205,000 plus equity. The role involves defining the quality bar for AI-assisted i…
Activist hedge fund Jana Partners disclosed a 6.3% stake in Alkami Technology and is publicly demanding a sale, citing AI pressure on community bank software. Jana argues the company trades at a disco…
TrustEvals and Accorian launched a Governance, Risk, and Compliance framework for enterprise AI deployments in financial services on June 27, 2026, addressing 'control drift' where AI systems change b…
Teresa Wu, VP Engineer at JPMorgan Chase and Google Developer Expert, will speak at the Infobip Shift conference in Zadar, Croatia, about how AI accelerates multi-platform development. Wu emphasizes t…
Anthropic's unreleased AI model, Claude Mythos, demonstrated to the House Homeland Security Committee in May 2026, can chain software vulnerabilities to theoretically drain private bank accounts, alar…
Google CEO Sundar Pichai told Stanford graduates to stop obsessing over their first jobs, sharing a lesson he learned on a road trip to Las Vegas where skipping a class taught him that few moments are…
Raise US, a new organization, announced a $500 million initiative over three to four years to support AI workforce development, though details on funding sources, leadership, and political backing rem…
Nasdaq CFO Sarah Youngwood has implemented a martial-arts-style belt system to train her finance team in AI proficiency, mandating at least white-belt level for all employees and aiming for 20% to rea…
JPMorgan Chase and Goldman Sachs in Hong Kong have stopped using Anthropic's AI models due to US export restrictions, which block non-Americans from accessing the company's latest models. The move thr…
BCG declared that companies have entered a new era of token-based competition, where AI models deliver PhD-level intelligence and advantage comes from applying that intelligence productively through t…
SpaceX went public in a record $75 billion IPO, becoming one of the world's 10 most valuable companies, as AI firms like Anthropic and OpenAI also prepare to go public. These companies need massive ca…
Defense tech startups have raised $14.6 billion in venture capital through May 2026, surpassing 2025's full-year record, driven by AI advancements and Pentagon support. Major deals include Anduril's $…
JPMorgan Chase reported a record $16.5 billion Q1 2026 profit, but CEO Jamie Dimon warned that the next credit crisis could be worse than expected due to inflated asset prices and lax lending standard…
SpaceX's bankers are preparing to meet investors as early as next week to discuss a bond offering of at least $20 billion, the first investment-grade dollar bond issuance for Elon Musk's company, whic…
JPMorgan Chase has blocked its Hong Kong staff from using Anthropic's Claude AI model due to licensing terms, following a similar move by Goldman Sachs. The restriction highlights how geopolitical ten…