JPMorgan is acquiring a ChatGPT-like A.I. assistance that offers investment tips

JPMorgan is acquiring a ChatGPT-like A.I. assistance that offers investment tips


Crucial Points
  • JPMorgan Chase is building a ChatGPT-like program provider that leans on a disruptive sort of synthetic intelligence to pick out investments for shoppers, CNBC has acquired.
  • The business utilized to trademark a item named IndexGPT before this month, in accordance to a filing from the New York-dependent lender.
  • “It truly is an A.I. system to select monetary securities,” stated trademark law firm Josh Gerben. “This seems to me like they are seeking to place my money advisor out of business enterprise.”



Supply

Stocks making the biggest moves midday: Penn Entertainment, Robinhood, Levi Strauss & more
Finance

Stocks making the biggest moves midday: Penn Entertainment, Robinhood, Levi Strauss & more

Check out the companies making the biggest moves midday: Penn Entertainment – The gaming stock dropped more than 5% following the release of weak regional gaming revenue data. On Friday, Iowa and Indiana both reported year-over-year declines in statewide gaming revenues. For Penn Entertainment revenues specifically, Iowa saw a 14% slide compared to last year, […]

Read More
Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations
Finance

Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations

Key Points Office of Management and Budget Director Russell Vought vowed Friday to press an investigation into renovations at the Federal Reserve building. “This is about the largesse and the fact that he has systemically mismanaged the Fed,” Vought told CNBC. The accusations represent another front on Trump’s ongoing campaign against Powell. Source

Read More
Stocks making the biggest moves premarket: Coinbase, Levi Strauss, AMC and more
Finance

Stocks making the biggest moves premarket: Coinbase, Levi Strauss, AMC and more

Check out the companies making headlines before the bell. Levi Strauss — The denim apparel stock rose 7% after second-quarter results topped expectations. Levi Strauss reported 22 cents in adjusted earnings per share on $1.45 billion of revenue. Analysts surveyed by LSEG were looking for 13 cents per share and $1.37 billion. The company also […]

Read More