ChatGPT Leans On Tesla To Power Portfolio: With Market Trends In Flux, Will AI-Driven Strategy Prevail?
Portfolio Pulse from AJ Fabino
ChatGPT, an AI-driven portfolio manager, is being tested against heavyweight funds like SPDR S&P 500 (NYSE:SPY) and Invesco Trust Series 1 (NASDAQ:QQQ). After 14 weeks, ChatGPT's portfolio performance is +9.45%, placing it in seventh place. Notable movers in the portfolio include Tesla Inc (NASDAQ:TSLA), which is up 45%, and AT&T Inc (NYSE:T), which is down nearly 14%.
August 09, 2023 | 7:57 pm
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NEGATIVE IMPACT
AT&T Inc (NYSE:T) is a part of ChatGPT's portfolio and has lost nearly 14% over the past 14 weeks.
AT&T's loss negatively impacts ChatGPT's portfolio performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Invesco Trust Series 1 (NASDAQ:QQQ) is another fund against which ChatGPT's performance is being compared. It has gained 13.98% over the past 14 weeks.
The performance of QQQ is being used as a benchmark for ChatGPT's portfolio. Its positive performance indicates a healthy market environment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
SPDR S&P 500 (NYSE:SPY) is one of the funds against which ChatGPT's performance is being compared. It has gained 8.64% over the past 14 weeks.
The performance of SPY is being used as a benchmark for ChatGPT's portfolio. Its positive performance indicates a healthy market environment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
Tesla Inc (NASDAQ:TSLA) is a part of ChatGPT's portfolio and has gained 45% over the past 14 weeks.
Tesla's significant gain contributes positively to ChatGPT's portfolio performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100