ChatGPT Portfolio Is Beating Most Funds: Is AI The Future Of Investing?
Portfolio Pulse from AJ Fabino
Benzinga's ChatGPT portfolio, crafted by OpenAI's ChatGPT, has outperformed seven of the top 10 US equity funds after five weeks, with a 7.21% gain. The AI-built portfolio now ranks fourth, with Tesla Inc (NASDAQ:TSLA) being the best performing stock, up 53%, and Merck & Co Inc (NYSE:MRK) being the worst performer, down 6.64%.
June 14, 2023 | 8:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Merck & Co Inc (NYSE:MRK) is the worst performing stock in Benzinga's ChatGPT portfolio, down 6.64% after five weeks.
The ChatGPT portfolio's performance is negatively impacted by Merck & Co Inc's 6.64% decline, which affects the stock's short-term price direction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
The Invesco QQQ Trust (NASDAQ:QQQ) has a 5-week performance of +12.3%, outperforming Benzinga's ChatGPT portfolio.
The QQQ's 5-week performance of +12.3% is mentioned in comparison to the ChatGPT portfolio, but the news does not directly impact the ETF's short-term price direction.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The SPDR S&P 500 ETF (NYSE:SPY) has a 5-week performance of +6.11%, underperforming Benzinga's ChatGPT portfolio.
The SPY's 5-week performance of +6.11% is mentioned in comparison to the ChatGPT portfolio, but the news does not directly impact the ETF's short-term price direction.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Tesla Inc (NASDAQ:TSLA) is the best performing stock in Benzinga's ChatGPT portfolio, up 53% after five weeks.
The ChatGPT portfolio's strong performance is partly due to Tesla's 53% gain, which positively impacts the stock's short-term price direction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100