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UBS Introduces AI Avatars for Analyst Reports Amid Share Price Concerns
UBS, under CEO Sergio Ermotti, is leveraging artificial intelligence to enhance client engagement by allowing analysts' reports to be presented via digital avatars in video format, responding to rising demand for such content. This innovation aims to improve efficiency and address the bank's share price challenges. Meanwhile, the Swatch Group delayed publishing its Annual General Meeting minutes due to the controversial candidacy of US investor Steven Wood, prompting thorough verification of voting results.
swatch faces challenges as analysts show mixed optimism for recovery
Swatch's shares have experienced volatility following disappointing 2024 financial results, with a significant drop in sales and a 75% decline in net profit. While some analysts remain optimistic, suggesting potential recovery in the luxury segment and a positive outlook in the USA and Japan, the majority express concern over ongoing challenges, particularly in China. The company is exploring management changes and strategies to combat the gray market, while speculation about privatization continues amid concerns over debt.
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