Artificial intelligence

Hedge Funds

‘Big Short’ Investor Michael Burry Shut Down His Fund. So Now What?

Photo via Stephen Smith/Sipa USA/Newscom

The cult hero/curiosity has launched a social media broadside against the AI trade that has fueled this year’s market rally.

2 min read

Photo via Koichi Mitsui/AFLO/Newscom

Artificial Intelligence

SoftBank Dumps $5.8B Nvidia Stake to Subsidize Other AI Bets

CFO Yoshimitsu Goto said on an earnings call that SoftBank’s divestment had “nothing to do with Nvidia itself.”

2 min read
Photo by Getty Images via Unsplash

Advisor Upside

These Are the Best AI Prospecting Tools for Advisors

AI lead generators can search through public databases for potential clients. Which ones live up to the hype?

2 min read
Photo via JOHN ANGELILLO/UPI/Newscom

Markets

Wall Street Leaders’ Fears of Froth Finally Bubble into Markets

Goldman Sachs CEO David Solomon and Morgan Stanley CEO Ted Pick warned of an equities drawdown on Tuesday at a summit in Hong Kong.

2 min read

Advisor Upside

If ChatGPT Were an Employee, It’d Get Fired

Photo by Gabriele Malaspina via Unsplash

As AI assumes more tactical responsibilities, the advisor’s value is shifting.

4 min read

Advisor Upside

Former PayPal CEO Bill Harris on Why He’s Launching an RIA

Harris discussed his new advisory firm, which will combine human advisors with an AI engine.

5 min read

Big Tech

New iPhone Air Is Ready for its Flex, but Apple Stock’s Already Swole

Photo via Andrej Sokolow/dpa/picture-alliance/Newscom

iPhone sales surged to $44.5 billion in the quarter ending in June, besting analysts’ $40 billion expectations and rising 14% year-over-year.

2 min read

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