Brandon Kochkodin

In his new book, the Morgan & Morgan founder says luck is underrated. But he's also maximized his opportunities to get lucky through hard work and relationships. “Never eat alone,'' he writes.

Ken Griffin wasn't buying the AI panic. At Davos in January, the billionaire founder of Citadel, the Miami hedge fund giant with $68 billion in investment capital, dismissed artificial intelligence's output as

AI could allow the economy to keep growing even as fewer workers benefit from it, raising new questions about GDP and how recessions are defined.

Ken Griffin wasn't buying the AI panic. At Davos in January, the billionaire founder of Citadel, the Miami hedge fund giant with $68 billion in investment capital, dismissed artificial intelligence's output as “garbage.”

Flipping IPO shares isn't against the law. But at some brokerages, doing it too fast could cost investors a shot at the next hot public offering.

As companies pour money into AI, banks and financial firms enjoy stronger markets and renewed dealmaking, claiming 32 spots among the world's 100

AI companies are borrowing hundreds of billions of dollars this year. So far, bond investors say they're finding little evidence it's disrupting corporate credit markets.

Wall Street is helping finance a multitrillion-dollar AI buildout that is reshaping more than just the technology sector.getty

Jeffrey Gundlach's DoubleLine says the AI boom is lifting companies far beyond Big Tech, potentially making some corporate bond portfolios less diversified.

For investors seeking diversification, the challenge may be figuring out which companies are quietly benefiting from the AI spending boom. (Photo by Joan Cros/NurPhoto via Getty Images)NurPhoto via Getty Images