In 2024, the impact of generative AI, industry convergence, embedded finance, open data, and digital identity will likely shape the banking and capital markets industry. The growing demand for digital banking products and services reflects a key trend toward digitalization in the financial sector.
Financial stocks Blackstone Inc. (BX) and Discover Financial Services (DFS) are expected to report their first-quarter earnings this week. It could be wise to wait for a better entry point in these stocks ahead of their earnings.
