EUXTF - Artificial Intelligence Shakes-Up Fintech
NetworkNewsWire Editorial Coverage: Artificial intelligence (“AI”) is an increasingly important part of the financial technology sector, specifically in analyzing stocks and providing insights into the markets that human analysts alone can’t make. As such, AI-driven funds hold an increasingly large portion of the market, moving this technology into the mainstream. The result is a large opportunity for investors using this technology or investing in the companies producing it. Significant steps are being taken by companies such as AnalytixInsight (TSX.V: ALY) (OTCQB: ATIXF) (ATIXF Profile), whose flagship CapitalCube cloud-based analytics empowers investors to evaluate the potential of companies and portfolios. Other companies are also taking note of AI’s increasing value. TD Bank (NYSE: TD) has snapped up a young but highly valued AI company as part of a broader AI strategy, while Helios and Matheson Analytics, Inc. (NASDAQ: HMNY) has seen its share price rise as it expands its AI-driven big data strategy. Even Thomson Reuters (NYSE: TRI), owner of the original human-driven reporting and analysis company Reuters, has taken an interest in AI analysis, as has Euronext NV (NASDAQ: EUXTF), a European stock exchange.
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