OpenAI's ChatGPT Under Pressure: Investment Battle Takes A Surprising Turn
Portfolio Pulse from AJ Fabino
Benzinga's experiment, which pits OpenAI's ChatGPT against top-tier U.S. equity funds, enters its second week. ChatGPT's portfolio posted a gain of 0.25%, outpaced by six of the 10 leading funds, with T. Rowe Price Growth Stock Fund taking the lead at 1.42%. The experiment aims to investigate AI's potential as a supportive tool for making investment decisions.
May 24, 2023 | 6:21 pm
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NEGATIVE IMPACT
SPDR S&P 500 ETF Trust (NYSE:SPY) underperformed in the second week of Benzinga's experiment, posting a 2-week performance of -0.66%.
SPY underperformed in the second week of the experiment, posting a negative return of -0.66%. This indicates that the fund may face short-term challenges in the market.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Invesco QQQ Trust (NASDAQ:QQQ) outperformed in the second week of Benzinga's experiment, posting a 2-week performance of +1.53%.
QQQ outperformed in the second week of the experiment, posting a positive return of +1.53%. This indicates that the fund may continue to perform well in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50