Financial Highlights from the Recent Week You Should Know About:
- CASH MANAGEMENT: Corporate Cash dilemma: Bitcoin or no Bitcoin?
Corporate finance guru, Aswath Damodaran, ponders the question of whether corporate treasurers should consider Bitcoin or not as part of their cash management strategy. - AI in FINANCE: Norwegian Sovereign Wealth Fund Sees 20% Productivity Gain with Claude Financial
Anthropic, the makers of Claude AI, released a new tool, Claude Financial, which specializes in financial analysis.
Early feedback has been positive, for example, the CEO of Norwegian’s Sovereign Wealth Fund, Nicolai Tangen, announced they’ve achieved 20% productivity gain (equivalent to 213,000 hours). - CAREER: Create a free professional headshot for your LinkedIn profile using AI
If your current LinkedIn profile picture just isn’t cutting it, get a “reasonable” professional-looking profile pic by using ChatGPT (or your favourite AI chatbot):
– Open ChatGPT (or whichever AI of your preference)
– Upload your image
– Use this prompt:
“Using the attached selfie as an exact reference, generate a high-resolution professional headshot that preserves 100% of my facial features, including face shape, hair, skin, tone, and expression. Apply studio quality lighting and a soft neutral background, and adjust my attire to formal professional wear ensuring the image exudes confidence and approachability for a LinkedIn profile.”
[Source: @amosuibk] - MARKETS: Wall Street is rolling in the money
Wall Street banks are smiling ear to ear. Driven by a surge in profits from their trading desks, Goldman Sachs, Citigroup and JPMorgan – all saw a surge in profits from the recent quarter.
JPMorgan leads them all as the veteran investment bank is now valued at three times more than all three of its competitors combined (Bank of America, Wells Fargo and Citigroup).
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