Michael M. Santiago/Getty Images News Banks, such as Deutsche Bank ( DB ) and Goldman Sachs ( GS ), are said to be exploring agentic AI for trading surveillance and to track any misconduct. Deutsche's head of technology, data, and innovation, Bernd Leukert, told Bloomberg News that it is working with Alphabet's ( GOOG ) ( GOOGL ) ( GOOG:CA ) Google Cloud to develop a language model that can spot a...
Michael M. Santiago/Getty Images News Banks, such as Deutsche Bank ( DB ) and Goldman Sachs ( GS ), are said to be exploring agentic AI for trading surveillance and to track any misconduct. Deutsche's head of technology, data, and innovation, Bernd Leukert, told Bloomberg News that it is working with Alphabet's ( GOOG ) ( GOOGL ) ( GOOG:CA ) Google Cloud to develop a language model that can spot anomalies in orders, trades, and market moves. The German lender plans to roll out a large language model, or LLM, later in 2026 that can monitor communications of traders, salespeople, and other client-facing staff, the Wednesday report by Bloomberg noted. Deutsche has retired legacy systems and rebuilt compliance as part of a wider overhaul, shutting down about 200 internal servers that had been used for surveillance, according to the report. On the other hand, Goldman Sachs intends to use agentic AI to analyze trades and look for suspicious activities in the market, people with knowledge of the matter told the news outlet. Meanwhile, Nomura's ( NMR ) international head of AI strategy, Tahir Zafar, reportedly said the company's executives are talking to another global bank to train AI surveillance models. By collaborating with a rival bank, the Japan-based banking giant intends to share appropriate information on entities and transactions, while protecting its interests. Nomura is also said to be in talks with regulators for funding its collaboration with other firms. Also, the company is not looking to have humans out of the loop at this stage. Separately, Banco Santander ( SAN ) and other banks are taking the help of ThetaRay, a financial technology company, to improve their anti-money laundering controls with agentic AI. The aim is to develop models that can carry out tasks with limited human intervention, according to Bloomberg. More on Goldman Sachs, Deutsche Bank Goldman Sachs: Excellent Business But Thin Margin Of Safety Deutsche Bank: A Bullish Refocus On European ...
The White House plans to host leading data center and artificial intelligence companies including Microsoft, Anthropic and Meta Platforms in early March to formalize a deal to shield consumers from rising electricity costs, according to two sources familiar with the plans. The meeting is expected to advance an initiative President Donald Trump unveiled during his State of the Union address on T...
The White House plans to host leading data center and artificial intelligence companies including Microsoft, Anthropic and Meta Platforms in early March to formalize a deal to shield consumers from rising electricity costs, according to two sources familiar with the plans. The meeting is expected to advance an initiative President Donald Trump unveiled during his State of the Union address on Tuesday, in which he said he had told major technology firms they must build their own power plants to run the rapidly-expanding fleet of data centers and other artificial intelligence infrastructure.
Michael Derrer Fuchs UBS upgraded IBM's ( IBM ) rating to Neutral from Sell, noting that the risk/reward going forward is more balanced. The firm has a $236 price target on the stock. Shares of IBM rose about 4% on Wednesday. Analysts led by David Vogt said that after a string of uneven quarters in 2025, IBM shares have declined 22% in 2026 while underperforming the S&P 500 by almost 27% over the ...
Michael Derrer Fuchs UBS upgraded IBM's ( IBM ) rating to Neutral from Sell, noting that the risk/reward going forward is more balanced. The firm has a $236 price target on the stock. Shares of IBM rose about 4% on Wednesday. Analysts led by David Vogt said that after a string of uneven quarters in 2025, IBM shares have declined 22% in 2026 while underperforming the S&P 500 by almost 27% over the past 12 months. As such, IBM now trades at about 18.5 times/around 17.5 times UBS' 2026/2027 EPS estimate of $12.43 and $13.13, respectively, balanced according to the analysts given their expectations of 3% to 4% organic revenue growth over the next several years. "While we expect pushback on our rating pivot given the risk from Al across the software landscape and market concern that translating legacy COBOL using Al will hurt IBM infra, the competitive risk to IBM's Z vertically integrated platform is largely reflected in the shares with the stock trading at a 7% FCF yield. Therefore, while we continue to expect flattish 'Infra’ growth, we do not expect mainframe disintermediation over the next several years given strong customer stickiness, customer data sovereignty and complex vertically integrated stack that provides quantum-safe encryption," said Vogt and his team. Earlier on Wednesday, analysts at Wedbush labeled the IBM sell-off as unwarranted, noting that the decline presents an attractive buying opportunity for investors. More on IBM Anthropic Vs. IBM: AI Starts To Threaten Businesses (Rating Downgrade) IBM: Why Anthropic's AI Threat Is Overblown, Upgrading To Buy IBM: Limping Into 2026 IBM's historic price plunge provides opportunity as Wedbush deems sell-off unwarranted IBM awarded $112M contract by Defense Commissary Agency to modernize electronic shelf label system
Read the story in English En un barrio obrero de Madrid, Sonia Morán preparaba el almuerzo para su hija cuando el interfono comenzó a sonar sin cesar. Nerviosa por el ruido, le abrió la puerta del edificio a la persona sin comprobar quién era. Unos instantes después, un hombre vestido de negro estaba frente a su puerta exigiendo que le abriera. Aunque esta cajera de supermercado de 54 años es prop...
Read the story in English En un barrio obrero de Madrid, Sonia Morán preparaba el almuerzo para su hija cuando el interfono comenzó a sonar sin cesar. Nerviosa por el ruido, le abrió la puerta del edificio a la persona sin comprobar quién era. Unos instantes después, un hombre vestido de negro estaba frente a su puerta exigiendo que le abriera. Aunque esta cajera de supermercado de 54 años es propietaria del pequeño apartamento en el barrio de Usera, hace años que no paga la hipoteca y desde entonces se encuentra en un limbo legal. El hombre nunca se identificó ni dijo para quién trabajaba, pero estaba claro lo que representaba: la nueva y sombría realidad del mercado inmobiliario español. “Si tú no colaboras, vamos a estar aquí todos los días”, le advirtió el hombre, cada vez más alterado ante la negativa de la ecuatoriana a dejarlo entrar. “Un día saldrás a comprar el pan y ya no vas a poder entrar”, afirmó, según una grabación que realizó la hija de Morán a la que tuvo acceso Bloomberg. Suscríbase aquí al boletín CincoCosas y conozca nuestro canal de WhatsApp Este tipo de incidentes se han vuelto habituales en España, donde la crisis inmobiliaria ha alcanzado un punto crítico. Las medidas de protección del gobierno, que esta semana se prorrogarán un año más, han polarizado aún más el mercado. Los críticos afirman que, al prohibir los desalojos de inquilinos vulnerables sin hacer lo suficiente para aliviar la escasez de viviendas, la medida ha creado incentivos para que los residentes con dificultades dejen de pagar. Con decenas de miles de propiedades habitadas actualmente por okupas, un popular portal inmobiliario ha empezado incluso a poner estas viviendas a la venta para ofrecer una salida a los propietarios desesperados. Aunque la vivienda está bajo presión en las grandes ciudades, desde San Francisco hasta Berlín, España está particularmente expuesta. Sus problemas comenzaron con la crisis financiera de 2008, que dejó al sistema bancario con €200.000 millone...
In this article MSFT Follow your favorite stocks CREATE FREE ACCOUNT NEW YORK, NY - APRIL 29: A Microsoft corporate logo hangs on the side of their office building on Eighth Avenue on April 29, 2023, in New York City. (Photo by Gary Hershorn/Getty Images) Gary Hershorn | Corbis News | Getty Images Japan's Fair Trade Commission raided Microsoft Japan's offices on Wednesday as part of an investigati...
In this article MSFT Follow your favorite stocks CREATE FREE ACCOUNT NEW YORK, NY - APRIL 29: A Microsoft corporate logo hangs on the side of their office building on Eighth Avenue on April 29, 2023, in New York City. (Photo by Gary Hershorn/Getty Images) Gary Hershorn | Corbis News | Getty Images Japan's Fair Trade Commission raided Microsoft Japan's offices on Wednesday as part of an investigation into whether it improperly restricted customers of its Azure platform from using rival cloud services, a source with direct knowledge of the matter told Reuters. The person declined to be identified because the information is not public. The FTC declined to comment. A Microsoft Japan spokesperson said the company is "fully cooperating with the JFTC in their requests." The source said Japan's antitrust authorities would also be seeking clarification from Microsoft's parent company in the United States. Microsoft Japan is suspected of setting conditions that effectively shut out other services by limiting access to popular services on other cloud platforms, the source said. Regulators in Britain, Europe and the U.S. have separately been examining Microsoft and others' practices in relation to cloud computing. Brazil's antitrust body last month opened an administrative investigation into the software giant's local unit related to its cloud computing services.
One In Five California Home Sales Canceled Due To Unaffordable Insurance Authored by Mike Shedlock via MishTalk.com, Ponder a $44,000 insurance bill. This does not count as inflation in the CPI. Dysfunction in California’s Insurance Market The Wall Street Journal reports A $44,000 Bill Shows the Dysfunction in California’s Home-Insurance Market Glenn and Lorraine Crawford paid about $500 a month t...
One In Five California Home Sales Canceled Due To Unaffordable Insurance Authored by Mike Shedlock via MishTalk.com, Ponder a $44,000 insurance bill. This does not count as inflation in the CPI. Dysfunction in California’s Insurance Market The Wall Street Journal reports A $44,000 Bill Shows the Dysfunction in California’s Home-Insurance Market Glenn and Lorraine Crawford paid about $500 a month to insure their home in Agoura Hills northwest of Los Angeles when they bought it in 2012. The Crawfords say they have little alternative but to pay the bill that arrived last month, which, at more than $44,000 a year, is almost as much as their mortgage bill. The only other insurer willing to cover their home, Lloyd’s of London, quoted them $80,000 a year. More than a year after infernos tore through Los Angeles County, millions of Californians like the Crawfords are suffering through a home-insurance crisis that has rolled on for years with eye-watering rate increases, canceled policies and rejected claims. Two of the biggest insurers, State Farm and Allstate, aren’t selling to new customers in the state, despite getting double-digit rate increases approved for their existing policyholders. A third, Farmers Insurance, has committed to cover more homes in fire-prone areas, but only a fraction compared with the drop in its overall number of policies since the crisis began. The insurance dysfunction has spread to California’s housing market, the country’s biggest and most expensive, with nearly one-in-five real-estate agents reporting a canceled sale last year because of clients unable to find affordable insurance, according to a survey by the trade body California Association of Realtors. The roots of California’s insurance crisis go back years. The state’s tough rate caps kept premiums low. But home insurers eventually balked, saying they couldn’t charge enough to cover rising wildfire and other losses, made worse by climate change and development. Insurers didn’t renew ten...
SlavkoSereda/iStock via Getty Images Introduction SES AI ( SES ) has been historically priced for its potential as an AI-driven materials discovery platform, not just as a developer of lithium-metal and lithium-ion batteries. However, its revenue used to be minimal to none, and the investment case mostly rested on optimism. In 2025, SES AI ( SES ) has demonstrated they can generate meaningful reve...
SlavkoSereda/iStock via Getty Images Introduction SES AI ( SES ) has been historically priced for its potential as an AI-driven materials discovery platform, not just as a developer of lithium-metal and lithium-ion batteries. However, its revenue used to be minimal to none, and the investment case mostly rested on optimism. In 2025, SES AI ( SES ) has demonstrated they can generate meaningful revenue. In Q3, they reported $7.1 million in third-quarter revenue and $16.4 million for the first nine months of 2025. Management guided to $20–25 million in full-year 2025 revenue. However, they are yet to show the kind of sustained scaling up they need to justify current multiples. That’s the first question. A second question is their ability to control operating losses. Given that the downside risk is minimized by the balance sheet, but the upside potential needs to be proven, a Hold rating is the most appropriate for SES AI as of now. Company Overview SES AI combines three aspects - one, its advanced battery chemistry; two, the AI-driven materials discovery through its “Molecular Universe” platform; and finally, the energy storage system ('ESS') integration following the acquisition of UZ Energy. Originally, SES used to build lithium-metal batteries for EVs. With the UZ Energy acquisition, they added a revenue-generating ESS business. Their hybrid model now also comprises proprietary battery health monitoring software and AI-driven diagnostics tools. The UZ Energy acquisition is pivotal for SES because its battery business required considerable frontloaded R&D costs. The new business gives them the ability to generate revenue quicker, on top of which they can embed their software and platform. That explains the Q3 gross margin improvement, where $3.6 million of gross profit was generated on $7.1 million of revenue. SES has a forward-looking market positioning, targeting EV OEMs, energy storage developers, and industrial customers. Their business now depends on scaling exi...
In trading on Wednesday, the ARK Fintech Innovation ETF is outperforming other ETFs, up about 4.1% on the day. Components of that ETF showing particular strength include shares of Circle Internet Group, up about 25.5% and shares of Bitmine Immersion Technologies, up about 12.1%
In trading on Wednesday, the ARK Fintech Innovation ETF is outperforming other ETFs, up about 4.1% on the day. Components of that ETF showing particular strength include shares of Circle Internet Group, up about 25.5% and shares of Bitmine Immersion Technologies, up about 12.1%
In trading on Wednesday, general contractors & builders shares were relative laggards, down on the day by about 3.8%. Helping drag down the group were shares of Dream Finders Homes, off about 6.1% and shares of D.R. Horton down about 5.5% on the day. Also lagging the marke
In trading on Wednesday, general contractors & builders shares were relative laggards, down on the day by about 3.8%. Helping drag down the group were shares of Dream Finders Homes, off about 6.1% and shares of D.R. Horton down about 5.5% on the day. Also lagging the marke
In trading on Wednesday, computer peripherals shares were relative leaders, up on the day by about 2.4%. Leading the group were shares of Seagate Technology Holdings, up about 6.8% and shares of Corsair Gaming up about 4.5% on the day. Also showing relative strength are cigare
In trading on Wednesday, computer peripherals shares were relative leaders, up on the day by about 2.4%. Leading the group were shares of Seagate Technology Holdings, up about 6.8% and shares of Corsair Gaming up about 4.5% on the day. Also showing relative strength are cigare