No BS Just Facts logo
No BS Just Facts
It might be boring, but it's just the facts.

← All stories · business

CNBC

UBS CEO says the AI pullback is healthy — but there’s a bigger risk investors should watch

Wednesday, July 29, 2026


UBS reported pre-tax profits of $3.6 billion for the quarter. CEO Sergio Ermotti said geopolitical volatility poses a risk ahead.

Original reporting: https://www.cnbc.com/2026/07/29/ubs-earnings-ai-correction-stocks-swiss-bank.html

Next story

South Korea to Hold Emergency Market Meeting After Kospi Turmoil