
🤖 Banks Are Sweating Over AI Right Now
Published by OOPSONLINE.IN · Source: The Star · 1 min read · · Updated
🍿 OOPS SAYS
Turns out even giant banks are sweating over AI taking over their jobs. Welcome to the existential dread club, Wall Street.
What actually happened
Sept 22 (Reuters) - The S&P 500 Financial index and the benchmark's bank sector were under pressure on Tuesday as investors worried about competition from artificial intelligence and uncertainty around AI-related initial public offerings, along with moves in the bond market that potentially point to softer conditions ahead.
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- #financial
- #stocks