warning

Corporate America is sounding the alarm on AI.An increasing share of companies’ annual filings with the Securities and Exchange Commission now caution investors that the technology could have a significant negative impact on their businesses.So far this year, 418 publicly traded companies valued at more than $1 billion have cited…

The tension between big banks and private credit giants is flaring up again. The latest tussle started as the chair of UBS warned about risks in the US insurance industry due to private financing.Colm Kelleher warned that the “lack of effective regulation” in the insurance industry is causing a “looming…

Michael Burry is back with a bang.The investor of “The Big Short” fame posted on X for the first time since April 2023 on Thursday. He shared a still from the movie of actor Christian Bale, who portrayed Burry, staring at a computer screen in disbelief.”Sometimes, we see bubbles,” he…