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☆ Ron Insana's new firm aims to bring AI-powered trade ideas to individual investors
▼ + stars: | 2024-03-27 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The firm, called iFi AI, launches Wednesday. The company will use AI models to help generate projected returns for stocks over various time periods, according to Ron Insana, iFi AI CEO and CNBC senior analyst and commentator. IBM's watsonx powers the AI programs behind the new venture, incorporating fundamental news, technical analysis and other factors to make projections about where stocks are headed. The AI programs are already being used to help make decisions with $6 billion that is managed institutionally, Insana said. "The difference between quantitative analysis and AI-driven analysis is that AI learns and continues to learn and teach itself," Insana said.

Persons: Ron Insana, Insana, Morgan Stanley Organizations: New York Stock Exchange, CNBC, Wall Street

☆ Where are they now: The many fascinating Bridgewater employees from the book on Ray Dalio 'The Fund'
▼ + stars: | 2023-11-16 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +17 min

The new book, "The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend" — which Dalio and his lawyers have pushed back against — describes everything from Bridgewater's investment process to internal grudges and backstabbing to allegations of sexual harassment. Here are the places where the dozens of Bridgewater employees and consultants named in the book ended up. Dalio, the book said, wrote into the firm's bylaws that he could never hold that title again. Before that, she was the head of investment research and a co-chief investment officer for sustainability. He's worked at different funds since leaving in 2006, including Larch Lane Advisors and Bonaccord Capital as an investor and business-development professional.

Persons: Rob Copeland's, Ray Dalio, Dalio, —, Bridgewater, Greg Jensen, YouTube Dalio, nixed, Copeland, He's, Jensen, Eileen Murray, Morgan Stanley, David McCormick, Dina Powell, McCormick, Dave McCormick, Michael M, Nir Bar Dea, Stefanova, Dalio's, Paul McDowell, Bob Eichinger, McDowell, Eichinger, Jen Healy, Osman Nalbantoglu, Matthew Granade, Steve Cohen, Steve Cohen's Point72, Bob Prince, politicking, Karen Karniol, Bridgewater Associates Karen Karniol, Vladimir Putin, Bob Elliott, Elliott, James Comey, Winn McNamee, Barack Obama, Donald Trump, Hillary, Britt Harris, Bridgewater's, Julian Mack, L, Michael Partington, Spencer Stuart, Niko Canner, Jon Rubinstein, Beck Diefenbach Jon Rubinstein, Steve Jobs, Tom Adams, Rosetta Stone, J, Michael Cline, Cline, Kevin Campbell, Campbell, Craig Mundie, Bill Gates, Gates, Mundie, Bill Clinton, George W, Bush, David Ferrucci, IBM's Watson, Ferrucci, Keith Alexander, Alexander, Larry Culp, Culp, Jamie Gorelick, conscientiously, Clinton, Jared Kushner, Jesse Horwitz, Comey, Horwitz, Samantha Holland, Perry Poulos, Murray, Joe Sweet, Tara Arnold, Arnold —, Leah Guggenheimer, She's, Charles Korchinski, Harris, Kent Kuran Organizations: New York Times, Bridgewater Associates, Business, Bridgewater, YouTube, HSBC, Broadridge, Life Insurance, Wells, Treasury Department, Republican, Getty, GOP, Israel Defense Forces, Marto, Princeton University, McKinsey, Point72, Bridgewater didn't, Domino Data, CircleUp, FBI, Trump, of, University of Texas Investment Management Co, Apple, Dalio, Health, Cognition, Mundie, National Security Agency, Amazon, General Electric, Boston Globe, Electric, Trump White House, Harvard Law School, —, Hubble, Stefanova's Marto, HBR Consulting, MIO Partners, Burford, Larch Lane Advisors, Bonaccord, Eaton Partners, Stanford, NextEra Energy Resources Locations: Bridgewater, Connecticut, Pennsylvania, China, San Francisco, of Texas, Atlanta, WilmerHale, Asia, India, Shanghai, Singapore, Israel, Africa

☆ IBM to launch Meta's Llama 2 on watsonx AI platform for businesses
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +1 min

The International Business Machines Corporation (IBM) logo is displayed, during the GSMA's 2023 Mobile World Congress (MWC) in Barcelona, Spain March 1, 2023. REUTERS/Nacho DoceAug 9 (Reuters) - International Business Machines (IBM.N) said on Wednesday it would host Meta Platforms' (META.O) artificial intelligence language program on its own enterprise AI platform, watsonx. IBM's watsonx, which helps businesses integrate AI into their workflow, provides early access to the Facebook-parent's Llama 2 to some clients. The enterprise software provider said that the release of Meta's open source AI model will be followed by additional software such as AI tuning studios, fact sheets and other generative AI models. Llama 2 is a commercial version of Meta's open source AI language model launched in July, distributed by Microsoft's (MSFT.O) cloud Azure services to compete with OpenAI's ChatGPT and Google's (GOOGL.O) Bard in the nascent generative AI market.

Persons: Nacho Doce, IBM's, OpenAI's ChatGPT, Bard, Zaheer Kachwala, Maju Samuel Organizations: Business Machines Corporation, IBM, Congress, REUTERS, Business Machines, Facebook, Thomson Locations: Barcelona, Spain, Bengaluru

☆ 'We're still in early innings': The CIO of the first publicly traded AI-driven fund explains how investors can leverage digital technology for big gains — and shares 4 tech stocks to buy to capitalize
▼ + stars: | 2023-04-06 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +4 min

He also shared four stocks that stand to benefit from the rise in digital technology and AI. Investing in the AI spaceBesides utilizing AI technology to aid in his investing strategy, Natividad is also very optimistic about investing in the future of artificial intelligence. "We still think we're in the early innings of the AI investment space." "There are a host of ETFs that claim to use AI but AI is not all created equal. Whereas we are focused on an individual portfolio of stocks, others are more macro based," he explained.

☆ The investment chief behind the AI-driven fund that uses IBM's Watson supercomputer explains how bots like ChatGPT will change markets
▼ + stars: | 2023-02-17 | by ( Phil Rosen | ) www.businessinsider.com time to read: +4 min

The AI Powered Equity ETF uses insights from IBM's Watson supercomputer, and has beaten the broader market in 2023. Chris Natividad, chief investment officer of Equbot, said the ETF has grown in popularity with the rise of ChatGPT. He helps run the AI Powered Equity ETF (AIEQ), which launched in 2017 in partnership with ETF Managers Group. It leverages data from IBM's Watson supercomputer to balance its portfolio, which has been quietly beating the market so far in 2023. "We're going to see different operators find more utility, different folks who have different investment ideas will be able to test and trade on these ideas using AI.

☆ These are the top 10 holdings of the AI-driven investment fund powered by Watson that has been crushing the market this year
▼ + stars: | 2023-02-07 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The AI Powered Equity ETF has doubled the performance of the S&P 500 so far in 2023. These are the top 10 holdings in the AI Powered Equity ETF that's driven by IBM's Watson. One ETF has been utilizing aspects of artificial intelligence to drive its investment decisions since its launch in 2017: the AI Powered Equity ETF. These are the top 10 holdings in the AI Powered Equity ETF that's driven by IBM's Watson supercomputer. Norwegian Cruise Line HoldingsTicker: NCLH% of ETF: 1.9%Industry: Cruise Ships6.

☆ A top oil analyst explains Europe’s new fuel sanctions on Russia and how that impacts global energy markets
▼ + stars: | 2023-02-04 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

The flow of crude oil is seen in a container while an oilfield worker works on a drilling rig at an oil well operated by Venezuela's state oil company PDVSA Carlos Garcia Rawlins/ReutersMatt Smith is the lead oil analyst at Kpler. Phil Rosen: This week the EU has new sanctions and a price cap kicking in on Russian oil products, such as diesel. MS: They're one of the leading producers and leading exporters in the world, so we shouldn't expect that to change. What will influence this is how long this war goes on, and how detrimental that is to its energy industry. Demand for cardboard boxes has dropped to levels not seen since the 2008 financial crisis.

☆ ChatGPT has gone viral. Now Wall Street is flocking to AI.
▼ + stars: | 2023-02-02 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Today's newsletter covers everything you want to know about how the viral ChatGPT language tool is colliding with the world of Wall Street. Wall Street is clamoring to ride the ChatGPT wave, and investors are pouring into anything that has exposure to the budding artificial intelligence sector. A batch of obscure small-cap bot stocks have made sizable gains, and certain Chinese AI stocks have climbed 60% in a matter of weeks. The stock market just hit a rare trifecta of bullish indicators. The stock market rally will fade as the Fed combats inflation and a recession hits, according to a Credit Suisse strategist.

☆ A night with Wall Street's stars: Take a look at Insider's celebration of top investors, dealmakers, and traders
▼ + stars: | 2023-02-01 | by ( Michelle Abrego | ) www.businessinsider.com time to read: +4 min

Hello 10 Things on Wall Street readers! As you might know, for the last few years Insider has been highlighting some of the most talented young people on Wall Street. Take a look at all the photos from Insider's celebration of Wall Street's rising stars here. A decade after the private-equity giant helped launch Athene Holdings, more private money managers are moving into insurance as they hunt for higher yields, the Wall Street Journal reports. Adam Berry, head of US loan trading is leaving Wall Street to join the Philadelphia Eagles, according to Bloomberg.

☆ Forget ChatGPT - an AI-driven investment fund powered by IBM's Watson supercomputer is quietly beating the market by nearly 100%
▼ + stars: | 2023-01-31 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

While the language bot ChatGPT has gone viral, a Watson-powered ETF is making nearly double the returns of the broader market. The AI Powered Equity ETF is up 10.4% in 2023, whereas the Vanguard Total Stock Market Index is up 5.67%. Issued by ETF Managers Group in partnership with the fintech firm Equbot, the fund leans on IBM's Watson supercomputer to balance its portfolio. That 114-holding portfolio is up 10.4% so far in 2023, while the Vanguard Total Stock Market ETF is up 5% over the same stretch. Chris Natividad, the chief investment officer of Equbot, said the Watson-powered fund can look beyond standard market data and cull information from tweets and earnings calls, according to ETF.com.

☆ How organizations can build intelligent, resilient, and sustainable supply chains
▼ + stars: | 2022-12-23 | by ( Sponsor Post | Created Ibm With Insider Studios | ) www.businessinsider.com time to read: +8 min

Aiding companies in this transformation are data analytics, artificial intelligence and machine learning technologies—all of which can help businesses build the intelligent, predictive, resilient and sustainable supply chains they need. "Organizations are realizing how vulnerable they are to supply chain issues," said Jonathan Wright, global managing partner, finance & supply chain transformation, at IBM. Because having efficient supply chains can be critical to today's digital businesses, companies should have greater end-to-end, real-time visibility of their supply chains, Wright says. By implementing a few key strategic initiatives, organizations can get the most value from these tools to enhance their supply chains. *Building intelligent, resilient and sustainable supply chains, 14, June 2022.

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