Microsoft unveils new AI-powered Bing search and Edge browser | Forexlive

This announcement is no big surprise as I highlighted that it appeared to leak late yesterday. In any case, shares of Microsoft are 3.7% higher today and tomorrow Google is under major pressure as it’s likely to roll out its AI competitor.

The broader market is beginning to price in AI-inspired global disinflation right now and how well these products work and integrate will go a long way towards whether that is reality or hype. I wrote about this topic yesterday.