JPMorgan’s New AI Tool to Predict Market Moves

JPMorgan (NYSE: JPM) just unveiled…

A ChatGPT AI model to predict stock market moves based on the Fed’s statements.

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JPMorgan is trying to use ChatGPT to generate massive profits.

In fact, the big bank has over 300 use cases reportedly in production.

And one of them is a new AI model that supposedly predicts stock market movements based on Federal Reserve statements.

According to an economist at the bank, “preliminary applications are encouraging.”

For example…

The AI tool showed “an increase in hawkishness among Fed speakers between meetings, the next policy statement has gotten more hawkish, and yields on one-year government bonds advanced.”

An increase of 10 points on the scale is the equivalent of an increase of 10 percentage points in the probability of a 25-basis point hike at the Fed’s next meeting.

And it seems that this will be used for more than 30 central banks.

ChatGPT has not only ignited a massive AI boom…

But according to JPMorgan…

It has also driven more than HALF the gains in the S&P 500 this year.

No wonder big banks are recommending stocks like Alphabet (NASDAQ: GOOG) or Meta Platforms (NASDAQ: META) to ride this trend.

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Because AI is the biggest transformational tech trend of the last 20 years.

As Bill Gates just said, it will “change our world.”

Banking giant UBS says the AI market could be worth a trillion dollars.

And some of the biggest names in tech are making massive investments in AI.

Google (NASDAQ: GOOGL) is doing EVERYTHING they can to catch up in the AI race…

Elon Musk just started a new AI company to challenge ChatGPT…

And even Amazon (NASDAQ: AMZN) announced two new AI language models available through its cloud platform, Amazon Web Services.

This NEW wave of investments in AI is creating a huge opportunity for investors who jump into the right trades RIGHT NOW.

Thankfully, this is only the 1st inning of this brand-new tech boom.

So it’s as early stage as it gets.

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