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Medicare is using AI to approve claims. The result has been ‘alarmingly high denial rates.’1:24 A pilot program using artificial intelligence to approve care for Medicare beneficiaries has resulted in high levels of denials and delayed decisions and prompted warnings from a vendor about a lack of readiness, according to a lawsuit seeking information about the program. ‘My total balance should be $20 million’: I invested $1.1 million in a crypto platform. Have I lost it all?0:20 “I invested on the recommendation of an executive vice president of a major New York investment bank.” These 4 stocks could benefit most from a $3.2 trillion semiconductor opportunity23:48 A BofA analyst expects the semiconductor market to reach $3.2 trillion by the end of the decade, shrugging off fears of an AI slowdown. 2 charts showing how oil is becoming the market’s biggest wild card23:17 Oil is increasingly calling the tune in global markets as rising energy prices make investors nervous. Inflation killed the penny. Now it’s coming for your dollar.23:17 Congress congratulated itself for solving the penny problem, but what about the source of the problem — inflation? Top Senate Republican floats a diesel export ban as prices soar. It might not work.22:45 With diesel prices hitting a record $6.27 a gallon, Washington is talking about a maneuver that could ultimately make matters worse. AI stocks are rebounding. One analyst says there’s no spending slowdown in sight.20:04 Customers are signing multiyear deals for chips and more: “That’s not what the front end of a downturn looks like.” |