Flows into AI funds wane as US rate worries weigh

Flows into AI funds wane as US rate worries weigh

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Oct 2 (Reuters) – Inflows into exchange-traded funds (ETFs) tracking artificial intelligence (AI) companies have ebbed after their sharp run-up earlier this year, as investors fear persistently high U.S. interest rates will hurt…

Read More
Global companies to hike security spending as threats rise, survey shows

Global companies to hike security spending as threats rise, survey shows

A person walks through the City of London financial district in London, Britain, February 10, 2023. REUTERS/Henry Nicholls/file photo Acquire Licensing Rights LONDON, Sept 11 (Reuters) – Almost half of security chiefs at the world’s biggest companies expect to increase their budgets significantly in the next year as they see economic and social unrest driving…

Read More