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Societe Generale shares rise after profitability target boost

Societe Generale said it is targeting cost cuts and revenue growth to boost profitability through the end of the decade, including widening its use of artificial intelligence. Shares were up about 4% in early morning trading.

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Societe Generale shares rose after the bank said it is targeting cost cuts and revenue growth to improve profitability through the end of the decade, including broader use of artificial intelligence. Shares in Societe Generale were up 4% in early morning trading.