Finance

The prediction markets are catching on with Wall Street interns

The prediction markets are catching on with Wall Street interns

Finance—

The summer intern hunched over their phone, surreptitiously typing away, might be doing one of two things: betting on a prediction market or managing an AI chatbot. Morgan Stanley’s equity research team asked the firm’s summer interns about both their AI use and, for the first time, betting habits…

Silicon Valley threw a hot robot party, and the clankers were M.I.A.

Silicon Valley threw a hot robot party, and the clankers were M.I.A.

Finance—

At a sold-out conference in San Francisco for people who build robots, the robots were surprisingly hard to find. This week, 1,500 robotics investors, founders, and engineers packed a cavernous former Army warehouse at Fort Mason, overlooking San Francisco Bay and the Golden Gate Bridge. They came…

Hyundai’s growth is pushing Genesis’ US production back to Korea

Hyundai’s growth is pushing Genesis’ US production back to Korea

Finance—

Genesis, Hyundai Motor Group’s luxury brand, is putting its US manufacturing footprint temporarily on hold to make room for its parent company, Business Insider confirmed on Thursday. Ted Mengiste, chief operating officer of Genesis Motor North America, said in an interview that Hyundai is moving…