AI Takes Over Wall Street Trading | Business and Finance News

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Recorded09 Sep 2026

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Handlerec:20304764

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Brian Kelly, ex-crypto hedge fund manager, just dropped his human staff for AI—launching Bracket22, a fully autonomous trading firm run by AI agents under “Houston.” Where he once spent $5M/year on payroll, he now spends just $30K–$40K annually on compute and automation. Big banks like JPMorgan and Morgan Stanley are already racing to adopt similar AI-driven models. But not everyone’s thrilled—Goldman Sachs warns AI could dull critical human reasoning. Still, Kelly keeps the final call in his hands, seeing AI as a force multiplier—not a replacement—to supercharge human teams. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/67c8a463e6ebefb2

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