AI
6 Ways AI Will Help Your Receivables Risk
There’s a lot of doom and gloom surrounding the latest headline darling, AI. While there’s cause for caution, the practical uses are looking to outweigh the possible doomsday cases. In terms of finance, here’s six ways AI will be able to help with debt collection and your receivables risk.
MARKETS
Did You Hear the One About the Debt Ceiling?
So, unless you’ve been living under a rock, you know AI is dominating headlines but also, this little thing about the US debt ceiling. As the US government nears it’s zero hour before it hits its debt ceiling, they continue to come “close” to settling things before the proverbial sh#@t hits the fan. Update: so just after we wrote this, Biden and McCarthy have come an agreement on raising the debt ceiling but awaits the actual bill to be passed. All is (should be) well.
INVESTMENT
Everyone Invested in NVIDIA Are Rejoicing, Except for ARKK
If you’re invested in NVIDIA, you’re rejoicing right now as it rides the AI super-wave to all-time highs…unless your Cathie Woods of ARKK who decided to dump all their NVIDIA holdings just before the surge in stock price. Yikes.
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