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Why Jim Cramer is bullish on Goldman Sachs and Morgan Stanley

Why Jim Cramer is bullish on Goldman Sachs and Morgan Stanley

CNBC’s Jim Cramer on Thursday praised Morgan Stanley and Goldman Sachs, suggesting the financial giants are worth more than what they’re currently trading for. “These are not some episodic rollercoaster firms. They’re solid, granite, tungsten, even,” he said. “Yet they sell at multiples far lower than Colgate or Procter & Gamble…or just the average stock…

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Survey finds CEOs, security execs are divided on cyber risks of AI

Survey finds CEOs, security execs are divided on cyber risks of AI

A survey released Friday by corporate insurer Axis Capital shows there’s a growing divide across the C-suite on how executives view the risks, rewards and impact of cutting-edge AI technology.   On one hand, artificial intelligence is rapidly improving cybersecurity defense technologies, but AI is also equipping cybercriminals with sophisticated tools and creating new risks….

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Defense Department says military newspaper Stars and Stripes must eliminate ‘woke distractions’

Defense Department says military newspaper Stars and Stripes must eliminate ‘woke distractions’

The Pentagon said Thursday that it is changing the independent military newspaper Stars and Stripes so it concentrates on “reporting for our warfighters” and no longer includes “woke distractions.” That message, in a social media post from Defense Secretary Pete Hegseth’s spokesman, is short on specifics and does not mention the news outlet’s legacy of…

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Stoxx 600, DAX, FTSE, CAC

Stoxx 600, DAX, FTSE, CAC

LONDON — European stocks are expected to open lower on Friday as investors digest ongoing geopolitical tensions. Futures tied to the U.K.’s FTSE 100 were last seen 0.13% lower, Germany’s DAX 0.4% lower, and France CAC 0.3% in the red, according to data from IG Group. The pan-European Stoxx 600 finished the previous session 0.6% higher, with…

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