Almost every company in the financial technology sector has already started using AI to save time, reduce costs, and add value. storing and accessing financial information combined with the maturation of tech capabilities are all in place to accelerate the digital transformation of accounting and finance. Actually, when machines take over repetitive, time-consuming and redundant tasks, it will free human finance professionals to do higher level and more lucrative analysis.
While stocks have been on an absolute bull run over the past few months, airline stocks have been on an even bigger move higher. Since making lows in mid-November, shares of airline stocks have surged 16%, doubling the 8% gain in the S& P 500. Certainly, some of the gains are warranted, as tax benefits and improving business are decided benefits to future earnings. But the magnitude of the rally in the major airline names, combined with the fact that oil prices are at recent highs, should provide some headwinds to any further big gains in the airline stocks. Continue reading “American Airlines Stocks Short as They Fly Too High”