Andrew Lo, an MIT professor, predicts AI will soon manage investments. He believes AI could make financial decisions for clients within five years. Lo envisions AI agents working autonomously. These agents will act in the best interests of clients. Currently, Wall Street uses AI for basic tasks. Lo’s vision sees AI meeting the fiduciary standard.
Goldman Sachs’ India bets: 8 stocks rally up to 85% in CY26; one new addition
Goldman Sachs’ India equity portfolio fell 6% in CY26 amid mixed stock performance. While 18 stocks declined sharply, eight delivered strong gains, led by GNG