Category: Finance

Bloomberg unveils finance-focused AI model Bloomberg GPT

SlateStone Wealth chief market strategist Kenny Polcari discusses when the Fed could cut rates and if it’s too early to invest in AI on ‘Varney & Co.’

Bloomberg, a leading financial data services provider, this week unveiled a new artificial intelligence (AI) model that aims to revolutionize the finance industry in the same way programs like OpenAI’s ChatGPT are set to radically transform written communications.

A research paper released by the company Thursday details the development of BloombergGPT, a new large language model (LLM) that has been trained on a massive amount of financial data to assist with a variety

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Is Banco Do Brasil (BDORY) Stock Outpacing Its Finance Peers This Year?

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Banco Do Brasil SA (BDORY) one of those stocks right now? A quick glance at the company’s year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.

Banco Do Brasil SA is one of 866 companies in the Finance group. The Finance group currently sits at #12 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank

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Message to Finance Minister Chrystia Freeland: No need to raise taxes

Canadians need a break from governments that raise taxes to make up for their ineptitude

Published March 24, 2023 • Last updated Mar 24, 2023 • 4 minute read

Finance Minister Chrystia Freeland in Ottawa.
Finance Minister Chrystia Freeland in Ottawa. Photo by Blair Gable/Reuters/File Photo

As next week’s federal budget approaches, speculation is rampant about potential tax increases. Topping the list are a capital gains tax hike, a windfall tax on oil companies and a hike to the top rate of income tax.

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RenoRun may seek creditor protection after Tiger, government funds are good at financing plans

Eamonn O’Rourke, left, and Joelle Chartrand, co-founders of RenoRun, outside their offices in Montreal, Quebec, on Jan. 27, 2022. The hardware delivery company must secure a buyer fast or it may seek creditor protection as soon as this week.Christine Muschi/The Globe and Mail

RenoRun Inc. was one of Canada’s hottest startups when it announced a US$142-million financing in early 2022 led by Tiger Global Management. The Instacart-like construction materials delivery service had tripled sales each of the prior three years and planned to repeat in 2022, reaching $120-million.

Montreal-based RenoRun planned to expand across North America and nearly double

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Is Banco Do Brasil (BDORY) Stock Outpacing Its Finance Peers This Year? – March 31, 2023

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Banco Do Brasil SA (BDORY – Free Report) one of those stocks right now? A quick glance at the company’s year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.

Banco Do Brasil SA is one of 866 companies in the Finance group. The Finance group currently sits at #12 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector

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How women answer 5 questions could be a financial wake-up call: Suze Orman

Suze Orman speaks during AOL’s BUILD Speaker Series at AOL Studios In New York.

Jenny Anderson | WireImage | Getty Images

At the end of each episode of her long-running CNBC eponymous show, Suze Orman would close out with the phrase, “People first, then money, then things.”

Women took that to mean they should give to other people and be generous, according to Orman. Men, on the other hand, took it to mean they should put themselves first.

Years after those episodes aired, there is still a distinct difference between how women and men handle their finances, Orman told CNBC.com

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B2B Sellers Must Uplevel Financial Acumen Fast to Retain Customers and Win Deals

Databook survey finds 91% of B2B sellers are more successful when they can speak to complex business problems, but many lack tools and resources to address financial pain and urgency for buyers

PALO ALTO, Calif., March 27, 2023–(BUSINESS WIRE)–B2B sellers have less time and more pressure than ever to build relationships and close deals. According to a Gartner® report, “Relatedly, B2B buyers report spending exceedingly little time with sales reps. Only 17% of the total purchase journey is spent in such interactions. Considering the average deal involves multiple suppliers, any given sales rep has roughly 5 % of a

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Yousaf sworn in as Scotland’s new leader amid party row

Humza Yousaf was sworn in as Scotland’s first minister on Wednesday, becoming the first Muslim leader of a government in western Europe but already facing unrest in his party.

At 37, Yousaf was also the youngest leader yet of the Scottish National Party (SNP), and was vowing to reinvigorate its flagging campaign for independence.

But after he won the race to succeed the long-serving Nicola Sturgeon on Monday, his leadership was already being questioned after defeating rival Kate Forbes refused to serve in his cabinet.

The outgoing finance minister was offered a more junior role by Yousaf, despite coming close

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