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Fortune·1h ago

Exclusive: KPMG and OpenAI partner on AI conversational software

KPMG and OpenAI are collaborating to build AI-powered conversational interfaces, aiming to reshape software development and the future of work.

Why it mattersOpenAI is partnering with KPMG to build AI-powered conversational software, marking a significant enterprise adoption play for the AI leader.

Fortune·1h ago

Hormuz Strait crisis slows global shipping to a trickle

Escalating tensions in the Strait of Hormuz have brought global shipping to a near standstill, forcing vessels to reroute and threatening supply chains.

Why it mattersTensions in the Strait of Hormuz have crippled global shipping, forcing reroutes and threatening supply chains.

MarketWatch·45m ago

Morgan Stanley downgrades Adobe on AI competition fears

Morgan Stanley cut its rating on Adobe to underweight, citing concerns about AI competition impacting its creative software business.

Why it mattersAdobe faces renewed pressure as Morgan Stanley downgrades its stock to underweight, citing AI competition as a primary concern.

FT Companies·4h ago

Julius Baer posts SFr673mn net profit as turnaround signs emerge

Julius Baer's net profits more than doubled to SFr673mn, indicating early signs of a successful turnaround for the Zurich-based bank.

Why it mattersJulius Baer's net profits more than doubled to SFr673mn, showing early signs of a turnaround for the Zurich-based bank.