In another chaotic day, the U.S. president gets in return that the province of Ontario will not raise the price of electricity serving Michigan, New York and Minnesota by 25%
The AI arms race, spurred by euphoric markets, has been based on the experience of the Magnificent Seven: in technology, scale always wins, and the winner of the race takes all the prizes
Deposit outflows are the weak flank of U.S. banking, but they are not a technology-driven phenomenon, and it’s far from inevitable
OPEC is keeping the price per barrel artificially high while the forecast of lower demand in the future is conditioning new investments
The expectations raised by ChatGPT have excited the market, but the pace at which generative AI can be turned into money remains to be seen
The technological giant – with almost infinite commercial and financial capacity – has made a big play in the financial services sector at a critical moment