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27.05.26 - 19:42
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AI Startup Cognition Raises $1 Billion at $26 Billion Value (Bloomberg)
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Cognition has raised more than $1 billion in a new funding round at a $26 billion valuation, the latest sign of strong demand for companies using AI for software development. Cognition CEO Scott Wu joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)...
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27.05.26 - 17:51
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Robinhood Lets Customers Use AI To Trade Stocks, Make Credit-Card Purchases (ZeroHedge)
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Robinhood Lets Customers Use AI To Trade Stocks, Make Credit-Card Purchases
Robinhood Markets is launching a new feature whereby customers can hand their money to an AI agent for automated trading and credit-card purchase decisions.
The brokerage is enabling users to link external AI agents-such as Anthropic's Claude or coding agent Cursor-to a dedicated investment account. Within that account, the AI can access allocated funds and execute stock trades based on user instructions.
Users can provide detailed prompts - directing the agent to identify investment opportunities by analyzing startup funding, deal activity, and private-company valuations ahead of public market discovery. And when it zeroes out your account, maybe it'll be your therapist.
For now, the feature supports stock trades only; options, crypto, and event-contract capabilities are planned for later rollout.
Robinhood will send push notifications for every trade executed by the agent, along with a real-time activity feed in ...
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27.05.26 - 17:49
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How AI Is Supercharging Small Business (Bloomberg)
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John Caplan, the CEO of the financial technology company Payoneer, joined Bloomberg Open Interest to break down why small businesses are thriving despite tariffs, economic volatility, and AI disruption. He explains how global trade routes are shifting, why small and medium-sized businesses are staying international instead of going local, and how AI is helping entrepreneurs compete with much larger companies. (Source: Bloomberg)...
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27.05.26 - 17:42
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Hunstad: Staying Risk-On in the AI Boom (Bloomberg)
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Northern Trust Asset Management President Michael Hunstad joins Bloomberg Open Interest to explain why Wall Street is still underestimating AI's economic impact. From margin expansion and AI-powered investing to why the Fed may stay restrictive because of productivity gains, Hunstad lays out a bullish case for markets and the next phase of the AI boom. (Source: Bloomberg)...
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27.05.26 - 17:24
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Stocks Hold Near Record on AI Trade as Oil Falls (Bloomberg)
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Hopes for a deal to end the Iran war and revive the Strait of Hormuz drove oil lower while leaving stocks near record highs, with the market also supported by enthusiasm for artificial-intelligence trades.
Mina Krishnan, Multi-Asset Portfolio Manager at Schroders, gives her current market outlook and what to expect from inflation and GDP forecasts for the remainder of 2026. (Source: Bloomberg)...
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