Finbold has been testing Google Bard and ChatGPT’s abilities to analyze and predict stock and cryptocurrency markets. Google Bard accurately predicted Google’s stock price, estimating it close to $150, which is now near the current price of $140. It also provided an accurate estimate for Anheuser-Busch InBev’s year-end price.
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AI helped Investors
However, ChatGPT’s prediction for the S&P 500 proved cautious as the index is close to 4,750, surpassing the AI’s estimate of 4,500. Both AIs were tasked with predicting Tesla’s price, with Bard’s estimate between $200 and $300 being technically correct, while ChatGPT provided an unfalsifiable analysis of influencing factors.
Predictive Analysis
As a result, we can say that these platforms may be able to make predictions that are accurate enough to help investors decide on which stocks they should put their money. This is just a news piece sourced from Finbold.
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