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Risk of sudden bursting of 'bubble' in AI-related stocks, warns ECB
The European Central Bank has warned that there is a risk of a "bubble" in artificial intelligence-related stocks, which could burst suddenly if investors' optimistic expectations are disappointed. It is understood that the ECB issued the warning in its semi-annual financial stability report released on Wednesday. The report listed a variety of risks, including war, tariffs and banking system vulnerability. The ECB noted that stock markets, particularly in the United States, have become increasingly dependent on a handful of companies seen as beneficiaries of the AI boom. The ECB said, "This concentration of a few large companies has triggered a bubble in the prices of AI-related assets...- 925
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Candlestick: an AI stock investing assistant that provides stock recommendations and real-time market monitoring
CandlestickAI is an artificial intelligence-based stock investment tool built by a team of professional developers. Aimed at the average investor, the product utilizes advanced AI technology to provide users with weekly stock recommendations that outperform the market.CandlestickAI's core function is to analyze a large amount of historical data and train its models to achieve above-average stock picking capabilities. Users can customize their investment models, view important news about stocks, and even participate in investment contests. The product is available for $9.99 per month and is designed to help users make...- 3.2k
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Research claims GPT-4 stock selection accuracy is as high as 60%, but data pollution is suspected
Recently, a paper from the University of Chicago has sparked heated discussions in the industry. The study found that GPT-4's stock selection accuracy is as high as 60%, surpassing most human stock analysts and professional models. This finding has made people begin to wonder whether human stock analysts will face the risk of being laid off. However, some AI experts have questioned the study, pointing out that there may be problems with training data contamination that affect the accuracy of the results. The researchers analyzed financial statements and asked GPT-4 to predict changes in future earnings. Surprisingly, GPT-4 succeeded without any narrative context...- 2.7k
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Microsoft invests $100 billion in generative AI, and this stock is expected to soar
Microsoft (NASDAQ: MSFT) and OpenAI plan to invest $100 billion to $115 billion in a new supercomputer called Stargate to accelerate the construction of infrastructure for artificial intelligence (AI) applications, according to technology business publication The Information. Although Microsoft and OpenAI have not yet released details, the two companies are said to be in the third phase of a five-phase project, of which Stargate will be the fifth phase. The article suggests that a considerable portion of the project's budget may be…- 1.7k
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Nvidia's stock price rose by as much as that of Coca-Cola overnight, and it is worthy of being the leader in the AI era
The most important stock on earth - Nvidia. Imagine if you had $1,000 in your hand ten years ago, what would you choose to invest in? The old media CNBC gave the latest answer, which is to buy Nvidia stock. As AJ Bell, investment director, said, "The people who made the most money in the gold rush in the mid-nineteenth century were those who provided tools, not those who looked for gold mines. Today, Nvidia actually plays the same role in this technological revolution." This Thursday, Nvidia's market value soared by $277 billion in a single day, setting a record for the largest single-day increase in Wall Street history...- 1.1k
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It’s great to use ChatGPT to automatically analyze stocks!
Today we will share how to use GPT to analyze stocks. I believe everyone knows GPTs in ChatGPT. Through this tool, users can easily enter the name, stock code, or K-line chart of US listed companies. ChatGPT will use its advanced deep learning and big data analysis technology to conduct a full range of fundamental and technical analysis of the US stock companies entered. In fundamental analysis, key factors such as the company's financial status, profitability, market positioning, industry development trends, and the strength of the management team will be examined. Technical analysis focuses on the historical trend of stock prices...- 7k
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