Tag:
Wall Street
AI
OpenAI Recruits 100 Former Bankers at $150/Hour to Develop AI Capable of Replacing Wall Street Analysts
OpenAI's "Project Mercury" aims to revolutionize Wall Street by training AI with over 100 former investment bankers. These experts, from prestigious firms like JPMorgan...
AI Hacker News
AI Boom Fuels Economic Growth Amid Easing Regulations, Cautions Journalist Andrew Ross Sorkin
Navigating the Markets: Insights from Andrew Ross Sorkin
Friday saw a sharp decline in stocks after President Trump's tariff threats on China, echoing...
AI
Oracle Stock Soars 26% Fueled by Cloud Expansion and OpenAI Partnership
Oracle has reached an all-time high in extended trading following a significant increase in bookings and a robust outlook for its cloud infrastructure. Known...
AI Hacker News
Broadcom Stock Surges as Wall Street Hails AI Chips as Top Competitor to Nvidia
Broadcom (AVGO) Hits Record High Amid AI Chip Surge
Broadcom’s stock skyrocketed by over 9% after reporting outstanding quarterly earnings, leading to a...
AI
China’s Open-Source AI: Empowering DeepSeek and Alibaba in the Battle Against Silicon Valley
On July 9, 2024, China’s AI community experienced a setback when OpenAI restricted access to its GPT models for developers in China, Hong Kong,...
AI
OpenAI Captivates Wall Street Amid Ongoing Crypto Frenzy: Key Insights from Opening Bid
This week, the stock market remained stagnant as it awaited key catalysts amidst persistent inflation concerns, eliminating prospects for an imminent Federal Reserve interest...
AI Hacker News
Leading Economist Warns: Wall Street’s AI Bubble Could Outshine the 1999 Dot-com Crisis
The AI Bubble: Lessons from the Past
As we witness a resurgence in AI excitement reminiscent of the dot-com era, it's crucial to evaluate the...
AI Hacker News
AI Labs Set to Disrupt Wall Street’s Quantitative Analysts
Navigating the Talent Trenches: AI vs. Wall Street for Quant Minds
In May, over 20 top finance professionals gathered at OpenAI's San Francisco HQ, responding...