According to Mercer's 2024 AI in Investment Management global manager survey, 91% of asset managers either currently use AI (54%) or plan to use it within their investment strategy or asset-class ...
On the valuation front, Grok says Microsoft's forward earnings multiple of around 24 is near two-year lows and roughly in line with the S&P 500's overall forward earnings multiple of approximately 22.
Michael Burry, who bet against Nvidia and Palantir with put options worth $1.1bn, has reportedly taken a long position in Adobe, sending shares up nearly 4% on Tuesday.
A British micro-computer company has been caught up in an AI frenzy amid speculation it will benefit for a boom in the technology. Raspberry Pi’s stock price has surged 30pc in ...
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