The Crowdsourcing Of Cutting Waste & Fraud

Watch Live: The Anthropic Enterprise Agents Event That's Moving The Market Update 1030AM EST: Anthropic rolled out new AI capabilities for its Claude Cowork agent, designed to automate tasks in areas like human resources, investment banking, and design. Developed with partners including FactSet Research Systems Inc., the tools also allow business customers to customize plug-ins to fit their internal standards. The move is part of a broader push by Anthropic and OpenAI to expand AI deeper into professional industries. Recent AI releases have unsettled Wall Street, contributing to sharp declines in...

QatarEnergy Declares ForceMajeure For LNG Shipments Through May, Representing As Many As 90 Cargoes The already dismal LNG supply situation just got worse. With up to 20% of global LNG flows shuttered due to the ongoing blockade of the Hormuz Strait and the extensive damage of Qatar LNG infrastructure, QatarEnergy has declared force majeure on some of ⁠its long-term liquefied natural gas (LNG) supply contracts, including ‌for customers ⁠in Italy, Belgium, South Korea ⁠and China, effectively canceling contractual obligations. That would represent as many as 90 cargoes according to Bloomberg. The move on...

Beta: A Powerful But Faulty Tool For Managing Risk Authored by Michael Lebowitz via RealInvestmentAdvice.com, When investors want to reduce risk, one commonly used tool is beta. For instance, an investor may sell higher-beta stocks and replace them with lower-beta ones to cushion against an expected market decline. Such a strategy is intuitive and widely used; however, it can be greatly flawed. We recently received a question from a client about how we use beta to manage our portfolios. Given recent volatility and declining prices, the timing could not be better to...