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Fintech bytes: FP Alpha asserts tax software leadership with updated AI snapshot tool – InvestmentNews

FP Alpha, the New York-based AI-powered planning platform built for financial advisors and enterprise firms, is reinforcing its leadership in the tax planning software space with its updated Tax Snapshot 3.0 tool.The update is the third major iteration of a product designed to convert raw tax return data into a structured, visual client deliverable without...

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Dow average hits peak as old-school stocks beat AI – The Edge Malaysia

(June 5): Wall Street drove a rotation out of chipmakers into several other industries that tend to benefit from a resilient economy after Broadcom Inc’s underwhelming outlook tested the artificial-intelligence trade.A blistering run in semiconductor companies from war-driven lows took a breather as Broadcom’s forecast for sales of AI chips disappointed investors hoping for more. The...