Companies

Mapfre

Fears of AI tool’s impact on insurance sector cause Mapfre to suffer on stock market

Intermoney | The worst-performing stock on the Ibex35 at the end of yesterday’s session was Mapfre (down 3.02%), dragged down by the rest of the European and US sector following yesterday’s launch of an AI tool by an online insurance purchasing platform, which has created some fear in the current context of sensitivity to possible disruptions from Artificial Intelligence. The online insurance platform Insurify announced the launch of an AI-powered…

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Indra novedad

Indra to maintain and operate high-speed rail control systems for Mecca-Medina line for €130 million

Bankinter | Indra (IDR) will maintain and operate the high-speed rail control systems for the Mecca-Medina line in Saudi Arabia for the next five years for €130 million. With this contract, Indra will continue to provide support for rail traffic management, signalling, telecommunications, ticket sales and reservations, access control, security, etc. Bankinter analysis team’s view: Positive impact. However, the amount is not high. Assuming that the contract is distributed evenly…