A journalist let three AIs trade real money in a week-long experiment, testing Robinhood's new agentic trading feature. After testing ~310 strategies, none of the 1× intraday strategies beat QQQ buy-a…
JPMorgan upgraded Tesla from Underweight to Neutral on June 5, raising its price target from $145 to $475, ending an eight-year bearish stance on the stock. The upgrade, led by new analyst Rajat Gupta…
Data-centre developer Switch is in talks to raise billions of dollars at a valuation of at least $50bn, capitalizing on surging demand for AI infrastructure. Brookfield Asset Management, KKR, and othe…
Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering, with JPMorgan Chase also on the deal, targeting an October listing at a $965 billion valuation. SpaceX's ow…
JPMorgan, Meta, and KPMG have built internal dashboards to monitor employee use of generative AI tools, tracking usage at team and individual levels. Some firms are collecting interaction data that co…
Companies including JPMorgan, Meta, and KPMG have deployed internal dashboards to track how employees use AI tools, aiming to justify billions in AI spending and pressure workers to adopt the technolo…
Bank of America received approximately 240,000 applications for fewer than 2,000 internship positions this year, yielding an acceptance rate of about 0.8%, according to Josh Bronstein, the bank's glob…
Apollo Global Management chief economist Torsten Sløk said there is "zero evidence" that artificial intelligence is causing job losses, arguing instead that the AI boom is creating employment and fuel…
OpenAI has engaged Citigroup and JPMorgan to discuss plans for an initial public offering, signaling progress toward a potential public market debut. The move follows a $122 billion funding round that…
JPMorgan chief economist David Kelly warns that avoiding a $39 trillion national debt crisis will require AI-driven productivity gains that exceed even the most optimistic market forecasts. In a new a…
Uber COO Andrew Macdonald said he has not observed direct productivity improvements from increased AI token usage, sparking a backlash against "tokenmaxxing" — the practice of maximizing AI token cons…
JPMorgan analysis of KPMG survey data shows agentic AI deployment among large enterprises with over $1 billion in revenue more than doubled from 11% to 26% between 2025 and February 2026, while overal…
JPMorgan released its 27th annual summer reading list, featuring 13 nonfiction books selected by its global advisors based on client interests. The list covers topics including AI, longevity, success,…