Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.34%

The EUR/JPY consolidates around 186.00, edges down by 0.06% amid a souring of risk appetite amid the escalation of the US-Iran war, and strengthens safe-haven assets like the Japanese Yen. EUR/JPY Price Forecast: Technical outlook The EUR/JPY trades sideways after reaching the year-to-date (YTD) high of 187.95. The cross-pair dipped toward the 183.00 area following…

Breaking a six-month record, the investment banking giant capitalizes on a surging wave of global megadeals. Goldman Sachs said it had advised on more than $1 trillion of announced global mergers and acquisitions so far this year, the fastest any investment bank has reached that milestone in a six-month period, citing data from capital markets…

Quantum computing may not be at the top of every investor’s mind right now due to the prominence of artificial intelligence (AI) investing. However, I think it’s something investors should keep in mind. By 2030, there could be commercially viable quantum computing available, and that could shake up tech even more than AI has. If…

We thank Andrew Chen (discussant), Ingrid Tierens, Stefan Nagel, and conference and seminar participants at The Future of AI in Asset Management Conference at Chicago Booth, the ABFR Seminar, Baruch College, Columbia University, and the University of Utah for helpful feedback and suggestions. For financial support, Koijen thanks the Center for Research in Security Prices…

Vault and Genesis agree to merge and create $8.71 billion Australian gold producer