In a surprising turn of events, Arm, a leading British semiconductor company, has revoked Qualcomm's license to use its chip design standards. This action follows a long-standing legal dispute between the two tech giants. Arm's decision, reported by Bloomberg, impacts Qualcomm's ability to access th
In the financial world, big names like Morgan Stanley and Goldman Sachs are relying more on artificial intelligence (AI) to predict the stock market and give advice to clients. But do people really trust AI with their hard-earned money? Research shows it's not a simple yes or no answer. A study ask
Have you ever watched a TV show and thought, "That's not how it works"? Well, finance fans definitely had that feeling while watching HBO's "Industry". This show dives into the lives of Wall Street's young finance professionals, but viewers with a background in finance have spotted some big factual
Meet Perplexity Finance, an exciting new tool from the fast-growing AI company Perplexity AI. It’s all about simplifying stock market research for beginners. The platform offers a bunch of handy features like real-time stock prices, historical earnings data, and industry comparisons. But how does it
In a dramatic move, Israel decided to hit Hezbollah where it hurts: their wallets. The Israeli military carried out attacks on several bank branches across Lebanon, aiming to disrupt the finances of the Iran-backed militant group. This happened as U. S. Secretary of State Antony Blinken was on his w
You know how banks use AI to catch fraud? Well, Uncle Sam is doing the same thing! The US Treasury Department just used AI to catch $1 billion in check fraud alone last year. That's huge! And it's not just checks. They stopped over $4 billion in fraud overall. How? By using machine learning to dig t
On Monday, Asian shares took an upward leap, with Chinese stocks soaring over 1% after the finance minister hinted at more economic support. While U.S. futures remained steady and oil prices dipped, investors worldwide held their breath for more details on China's new stimulus plan. Experts believe
On a quiet Saturday morning, China's Ministry of Finance met with the press to chat about local debt issues and the health of the property market. They let everyone know that the central government might step in to help, even if it means bumping up the deficit. But, they didn't share any numbers abo
After four decades of crunching numbers in the investment world, a seasoned analyst has decided to retire from the typical grind. Now, they're on a new mission: to share their investment insights with readers in a unique way. Instead of just focusing on numbers, this analyst uses data as a starting
Once a powerful duo in the world of cryptocurrency, Ryan Salame and Michelle Bond are now facing serious legal troubles. Their story began when they met through their mutual connection to Sam Bankman-Fried, the founder of the now-collapsed FTX crypto exchange. Ryan, a top executive at FTX, was known
