Registration
 
All news
Top Stories
Editors' Picks
Stocks
Crypto
Economics
Currencies
Commodities
Business & Wealth
Market Voices
Daria Chernytska
Daria Chernytska

AI boom not a systemic problem, Scott Bessent tells investors

AI boom not a systemic problem, Scott Bessent tells investors
Bessent downplays systemic AI industry risk

Treasury secretary Scott Bessent told investors in a private meeting that he does not see a “systemic problem” with the current artificial intelligence boom, downplaying concerns that the industry is experiencing a bubble similar to the one preceding the dotcom bust.

Annmarie Hordern reported Bessent's comments.

Hordern previously reported on the extension of remote work arrangements at King Abdullah Financial District, where tenants were told the policy would continue indefinitely amid a mix of business activity (full story). She also covered Saudi Arabia’s consideration of delaying its main investment conference in Riyadh following safety concerns raised by Wall Street executives (more here). Both developments reflect recent business decisions in key financial hubs.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

Editor's Picks for You

DeFi for the select few: Why Hyperliquid is building restricted markets
  • By Pavlo Kot
  • 1 hour ago
DeFi for the select few: Why Hyperliquid is building restricted markets
Editors' Picks
Can Bitcoin make you a millionaire?
  • By Pavlo Kot
  • Yesterday
Can Bitcoin make you a millionaire?
Editors' Picks
France's crypto market matures as regulation reshapes the industry
  • By Olena Litvinenko
  • Yesterday
France's crypto market matures as regulation reshapes the industry
Editors' Picks
All Editors' Top Picks

Latest Annmarie Hordern News

Annmarie Hordern: U.S. public-employee pension fund assets grow to $7.3 trillion in June
  • By Ksenia Gerey
  • 23.10.2026
Annmarie Hordern: U.S. public-employee pension fund assets grow to $7.3 trillion in June
Market Voices
#Annmarie Hordern
Annmarie Hordern: Saudi Arabia weighs postponing flagship investment conference in Riyadh after safety concerns
  • By Elena Nikulina
  • 19.10.2026
Annmarie Hordern: Saudi Arabia weighs postponing flagship investment conference in Riyadh after safety concerns
Market Voices
#Annmarie Hordern
Core index rises for second month, Annmarie Hordern notes
  • By Alena Volkova
  • 14.10.2026
Core index rises for second month, Annmarie Hordern notes
Market Voices
#Annmarie Hordern
All Annmarie Hordern News
  • Pavlo Kot
  • 1 hour ago
DeFi for the select few: Why Hyperliquid is building restricted markets
  • Pavlo Kot
  • Yesterday
Can Bitcoin make you a millionaire?
  • Olena Litvinenko
  • Yesterday
France's crypto market matures as regulation reshapes the industry
  • Dmytro Kharkov
  • Yesterday
SK Hynix’s rise reshapes the global chip industry and economy
  • Eugene Komchuk
  • Yesterday
Binance hack: The biggest theft in crypto history
  • Oksana Koneva
  • 1 hour ago
National Care service needs £49 billion more tax revenue by 2030, Badenoch reveals
  • Hanna Syniavska
  • 1 hour ago
Mario Nawfal: Chris Martenson estimates derivatives market at $2 quadrillion
  • Pavlo Kot
  • 1 hour ago
U.S. seeks worldwide USD stablecoin adoption but wants freezing ability, Fred Krueger notes
  • Eugene Komchuk
  • 2 hours ago
Pushpendra Singh: Some accounts repeatedly predict exchange hacks and claim credit when incidents occur
  • Elena Nikulina
  • 2 hours ago
Changpeng Zhao: Screenshots and videos can be faked and future predictions are unlikely from small X accounts
Top News
  • Pavlo Kot
  • 1 hour ago
DeFi for the select few: Why Hyperliquid is building restricted markets
DeFi for the select few: Why Hyperliquid is building restricted markets
  • Ivan Andriyenko
  • 16 hours ago
Apple overtakes Nvidia as world's most valuable company with market cap above $5 trillion
Apple overtakes Nvidia as world's most valuable company with market cap above $5 trillion
  • Daria Chernytska
  • 17 hours ago
Intel shares plunge 29% after earnings report in worst drop since 1974
Intel shares plunge 29% after earnings report in worst drop since 1974
  • Anastasiia Chabaniuk
  • 22 hours ago
Fitch cuts France's rating outlook to negative over deficit and debt risks
Fitch cuts France's rating outlook to negative over deficit and debt risks
  • Kyle Torpey
  • 22 hours ago
Trump says U.S. probes possible North Korean role in $6.3 billion Binance hack
Trump says U.S. probes possible North Korean role in $6.3 billion Binance hack
Live News
  • Andrey Mastykin
  • Now
Eurozone economy slows as France slips into recession fears
  • Anton Kharitonov
  • Now
EUR/USD recovery stalls near 1.1210 as dollar retains its fundamental advantage
  • Anastasiia Chabaniuk
  • Now
Binance launches stolen asset recovery and allocates $6.34 billion to cover losses
  • Mykhailo Ihnatenko
  • Now
AMD stock drops over 7% as Intel outlook hits semiconductor sentiment
  • Jose Antonio Gastelum
  • Now
Circle phases out old USDC bridge as CCTP V2 takes over
Who We Are
Business Solutions
For Users
TU News
Popular Sections
Disclosures
CONTACT US
Legal
We are in Social Media
© IAFT Ltd., 2010-2026 All rights to the website are owned by IAFT Ltd.,
Registration number - HE 336186
  • Risk disclosure:

    Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit. Trading in futures and options carries substantial risk of loss and is not suitable for every investor.

    That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers.

  • Disclaimer:

    Traders Union (TradersUnion.com) shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website and information published on it.

    Forex market, CFD and cryptocurrency trading involves high risks and is not suitable for everyone. Before investing money, you need to adequately assess the level of your expertise and be aware of the risks, particularly in the context of trading with leverage. The information on this website is not intended for distribution or use by any person in any country or jurisdiction, where such distribution or use would be in violation of the local law or regulation. Any payments by Traders Union (TradersUnion.com) to the users of our website shall be legally interpreted solely as an incentive on our part for the activity on the website in the form of a deduction of a part of the advertising income; they shall not be a subject of any claims of our users or our obligations, a subject of disputes, as well as cannot be considered in relation to the services provided to users by brokers, both in fact and in their completeness and volume. The administration of the website shall not be liable for the content of user comments and reviews about the companies and shall not verify whether the authors of the reviews are indeed real clients of a specific company. All reviews, both negative and positive are published on the website without verification of their reliability; only offensive reviews that call for violence or any kind of discrimination and also reviews published from one group of IP addresses are moderated and removed. The authors of the materials shall be fully liable for the accuracy, completeness and impartiality of any information in the articles and reviews, including in the context of their use or mention of any brand names or trademarks. All mentions of the names of companies and their brands in any materials on the website shall be made in the context of communication of socially important information to the people about their activities by independent journalists, who are the authors. All evaluations and indicators on the website express the subjective opinion of the authors of the reviews (articles) and shall not be viewed as accurate statements and be a subject of disputes and claims against Traders Union.

  • Disclosure of advertisers and revenues:

    All the services on the Tradersunion.com website are free for you to use. Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters.

    Indeed, the curating, sourcing, and organization of this process requires substantial financial investment by Tradersunion.com, which the website earns in the form of advertising payments. There are two types of advertising services on the website — direct advertising or partner (broker) participation programs. However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings. Our ratings are based on our objective rating criteria and methodology; and the results are always equally and fairly applied to each broker. The work of our content authors and research groups does not involve any interaction with our advertisers and they do not have access to data concerning the amount of advertising purchased. For over 10 years we consider our independence, absolute openness, and objectivity as our main priority. Please follow the links to each of our affiliated broker’s websites. This will help Tradersunion.com to continue to provide our services to you for free.

onepercentfortheplanet.org https://gdpr.eu/ GDPR World Association of News Publishers