Apple Puts AI in Your Pocket, but Can It Tell You Which Stocks to Buy?

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Stocks Analysis by Investing.com (David Wagner) covering: Apple Inc. Read Investing.com (David Wagner)'s latest article on Investing.com

Integrating AI into Apple devices will bring the technology into everyday life.The excitement began Tuesday with the unveiling of"Apple Intelligence," their proprietary AI system. Investors cheered even louder when Apple revealed its devices would also tap into OpenAI's ChatGPT, accessible through Siri.

Indeed, for an AI to be competent in terms of investment, stock market advice, and stock selection, it needs access to vast and constantly updated data, both in terms of historical stock prices and financial and other data. However, this data is not readily available free of charge on the Internet, or at least not collected in a single database, nor organized in such a way that AIs can easily exploit it. What's more, AIs like ChatGPT don't have access to real-time market data.

What's more, even if you do have access to these models, you still need to know how to use them to obtain the specific information you need.With this in mind, Investing.com has developed the ProPicks strategies, 6 thematic portfolios managed by a fusion of AI and human expertise, which have posted very solid performances since their launch.

 

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