UK stock market shrinking at fastest pace in history, says Goldman Sachs
by The Telegraph
The Telegraph— The UK stock market is shrinking at its fastest pace in history amid a wave of foreign takeovers which have propelled the FTSE 100 to its strongest week in eight months.]]>
International Business Times UK—Research Firm Says AI-Fueled Stock Market Will Burst by 2026: What Does Bank of America Say?. Artificial Intelligence (AI) is not just a buzzword, it's a game-changer in the stock market. From automating complex and redundant processes to solving long-standing industry challenges, AI is revolutionizing the way we trade. With the launch of ChatGPT and other natural language processing (NLP) chatbots and AI's use in autonomous driving, the tech is becoming faster and more accurate by the day when solving real-life problems.While the impact of AI on the stock market is undeniable, concerns...
@cityam—Are UK markets ready to bounce back? UBS says yes. The UK market has been unloved for some time, but this might be about to change, as UBS has radically shifted its ratings for UK equities.
The Guardian—Goldman Sachs to scrap cap on bonuses for hundreds of UK staff. Changes will apply to hundreds of staff who will be able to earn up to 25 times their salaries in bonuses.