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ATLO News3 articles
St. James's Place Recovers After AI-Driven Selloff, Focus Turns to Earnings
St. James's Place shares rose 2.6% in London trading, partially recovering from a 13.4% plunge triggered by AI tax tools from U.S. startup Altruist. Investors now await the wealth manager's full-year results on February 25.
St. James's Place Plunges Amid Renewed AI Disruption Fears
Shares of UK wealth manager St. James's Place tumbled nearly 9% in early London trading, extending a two-day decline as AI concerns rattled financial services stocks. Investors await the firm's February 25 results for updates on client flows and cash returns.
Toyota Names Finance Chief as New CEO, Lifts Profit Outlook Ahead of Key Week
Toyota Motor appointed CFO Kenta Kon as its next chief executive and raised its full-year operating profit forecast to 3.8 trillion yen, sending shares near a one-year high. Investors are monitoring currency moves, U.S. tariffs, and a tender offer deadline this week.