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04.11.26 - 02:06
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Banks must be ′responsible′ as industry races to deploy AI agents: State Street (SCMP)
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US bank State Street expects the uses of artificial intelligence in finance to “multiply” in the coming years, but stressed that “responsible deployment” is vital as the industry confronts daunting potential security risks.
The call came on the first day of the Global Financial Leaders' Investment Summit in Hong Kong, where executives from leading firms including Goldman Sachs, Morgan Stanley, JPMorgan, Pimco and Bridgewater shared their insights on the dawning era of AI finance.
Manoj Bohra,......
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03.11.26 - 20:48
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Seven Toss-Ups, A Decoy Candidate, & A 1AM Finish: Your Election Night Survival Guide (ZeroHedge)
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Seven Toss-Ups, A Decoy Candidate, & A 1AM Finish: Your Election Night Survival Guide
The House is done. Or at least the market thinks so.Going into tonight, Polymarket traders give Democrats a 96% chance of taking the House and 74% for the Senate, the highest Democratic Senate odds since the market opened, and as of 7:17am ET this morning the Democratic sweep contract was trading at 77%. Which is why Goldman, in its "Midterms Preview" email this morning (available to pro subs), says the only part of tonight that can really surprise anyone is the upper chamber:A Democratic House looks largely priced, with the Senate representing the main source of election related surprise. With sentiment, positioning and leverage already significantly lower following recent derisking, the bigger question for markets may be whether the election acts as a clearing event and supports a broader rerisking in equities.In other words, everyone is watching the House count, and the money is riding o...
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