MAY 25·bnnbloomberg.ca▼
AI is coming for Wall Street: Jon Erlichman
The article says AI agents are moving beyond chatbots to perform tasks such as reading earnings transcripts, building financial models, and completing compliance reviews. It cites Anthropic’s launch of 10 finance-focused agents and says major banks and others (JPMorgan, Goldman Sachs, Citigroup, AIG, Visa) are deploying them. It adds that data/software providers including FactSet, Thomson Reuters, S&P Global, Moody’s, and Morningstar saw share pressure.
MAY 1·Stock Titan→
Thomson Reuters (TSX/Nasdaq: TRI) sets US$605M return, reverse split
Thomson Reuters announced a US$605 million capital return plan, equating to approximately US$1.36 per common share, combined with a proportional share consolidation (reverse stock split). The plan has received both shareholder approval on April 28, 2026, and a final court order, with all transactions awaiting final approvals from the Toronto Stock Exchange and Nasdaq before completion. This move aims to return cash to shareholders while adjusting the company's equity structure.