The Street Is Feeling The Heat: Week 9 Results Of Benzinga's ChatGPT Stock Challenge
Portfolio Pulse from AJ Fabino
Benzinga's AI-curated portfolio, created by ChatGPT, is in its ninth week of a six-month challenge against 10 leading U.S. equity funds. The portfolio, which started with a hypothetical $10,000, is performing well, particularly against ETFs like SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1. Tesla Inc is the star of the portfolio, up 62.24% since the position was taken, while Nike Inc is down 7.56%.
July 12, 2023 | 4:14 pm
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POSITIVE IMPACT
Invesco QQQ Trust Series 1 is another ETF that Benzinga's AI-curated portfolio is competing against. It has seen a 14.8% increase in the past 8 weeks.
The Invesco QQQ Trust Series 1 has seen a positive performance over the past 8 weeks. This could potentially attract more investors, driving the price up further in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
SPDR S&P 500 ETF Trust is one of the ETFs that Benzinga's AI-curated portfolio is competing against. It has seen an 8.26% increase in the past 8 weeks.
The SPDR S&P 500 ETF Trust has seen a positive performance over the past 8 weeks. This could potentially attract more investors, driving the price up further in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Tesla Inc is the star of Benzinga's AI-curated portfolio, up 62.24% since the position was taken.
Tesla's stock has performed exceptionally well in the portfolio, indicating a positive trend. This could potentially attract more investors, driving the price up further in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Nike Inc is lagging in Benzinga's AI-curated portfolio, down 7.56% since the position was taken.
Nike's stock has been underperforming in the portfolio, indicating a negative trend. This could potentially deter investors, driving the price down further in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100