By Medha Singh, Naomi Rovnick and Isla Binnie
Feb 6 (Reuters) - Asset managers and private equity firms found themselves at the sharp end of the AI‑driven shock hitting the software sector as investors fretted over exposure to loans and leverage tied to the industry.
The pullback in software - which has wiped out nearly $1 trillion in market capitalization in those stocks - impacted asset managers, with the group as a whole hurt. The Dow... (continue reading...)
Feb 6 (Reuters) - Goldman Sachs is working with technology startup Anthropic to develop AI-powered agents aimed at automating a widening range of internal functions, CNBC reported on Friday, citing the bank’s chief information officer.
Goldman Sachs confirmed the accuracy of the report.
The Wall Street bank has spent the past six months collaborating with Anthropic engineers embedded within its teams to build autonomous agents for... (continue reading...)
Investing.com -- Pulse Biosciences (NASDAQ: PLSE) stock rose Friday after the company presented promising late-breaking data from its nPulse Cardiac Catheter System first-in-human feasibility study at the AF Symposium.
The study showed 100% procedural success in evaluable patients at 6 months and 96% success at 12 months for the treatment of atrial fibrillation. The data demonstrated the system's effectiveness in treating 150 patients with rapid procedure times and... (continue reading...)
Investing.com -- Alpha Modus, a retail technology firm focused on converting in-store consumer behavior into real-time commercial outcomes, has seen its share price decline over the last 12-months, but the company has highlighted rising interest in patent-backed systems that can support the next wave of AI-driven retail analytics.
In an exclusive interview with Investing.com, CEO William Alessi said retailers are increasingly seeking defensible, scalable... (continue reading...)
By Lucia Mutikani
WASHINGTON, Feb 6 (Reuters) - U.S. consumer sentiment increased to a six-month high in February, though anxiety over the labor market and the rising cost of living because of import-tariff-related inflation remained widespread.
The third straight monthly improvement in sentiment reported by the University of Michigan's Surveys of Consumers on Friday was mostly driven by consumers with the largest stock portfolio... (continue reading...)
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