ValueAct Takes a Stake in Rocket Cos. Here’s How the Activist May Help Lift the Share Price

ValueAct takes a stake in Rocket Cos. Here’s how the activist may help lift the share price

Activist ValueAct has a keen appreciation for artificial intelligence, and Rocket is poised to supercharge its business.

STOCK MARKET: ValueAct takes a stake in Rocket Cos. How the activist may help lift shares – U-S-NEWS.COM

FILE PHOTO: A banner celebrating Rocket Companies Inc., the parent company of U.S. mortgage lender Quicken Loans, IPO is seen on the front facade of the New York Stock Exchange in New York City, U.S., August 6, 2020. Brendan McDermid | Reuters Company: Rocket Companies Inc (RKT) Business: Rocket Companies is a financial technology company consisting of mortgage, real estate and personal finance businesses. Its segments include Direct-to-Consumer…

Is artificial intelligence a friend or foe?

Artificial intelligence is reshaping the world — but is it for better or worse? This talk examines the benefits and risks of rapidly advancing AI systems, from automation and efficiency to ethics and human control. Source: Youtube