📈 Should You Let ChatGPT Pick Your Investments?

Advertise with us | Our Newsletters | Your Rewards

Good Morning!

This week, we've got a thrilling earnings showdown between retail giants Target and Walmart. Brace yourselves for some juicy trading opportunities! Plus, we'll take a look at Google's foray into artificial intelligence and what it could mean for the future of tech (and more importantly, their stock price).

Speaking of AI, should you trust ChatGPT or Google's Bard to make investment decisions for you? Can they magically pick your winning stocks? We'll help you decide if you should trust these virtual fortune tellers with your hard-earned cash.

Grab your venti, half-caff, double-shot, caramel macchiato with extra foam and let’s get into it ☕️👇️ 

Markets

Monday Futures: Stock futures are flat after S&P 500 and Dow post weekly losses (2 minute read)
U.S. stock futures are feeling a bit lazy this Monday morning, just lounging around after their not-so-great performances last week. According to the University of Michigan, it seems like everyone's mood was dampened by poor sentiment around the U.S. economy and consumer habits, which put a damper on investor spirits.

Walmart and Target: Get Ready for a Big Week of Retail Earnings (6 minute read)
Hold on to your shopping carts - We've got a showdown coming up in the world of big box retail next week. Target (TGT) is stepping up to the microphone on Wednesday, followed by Walmart (WMT) on Thursday for their quarterly earnings. These earnings reports promise to be quite the spectacle, and if we focus on their relative performance, there's a juicy opportunity to trade these two stocks. The real question is: who will come out on top? Lately, it seems like Walmart has been playing the superstar while Target's been left trying to catch up.

Investing

This week in tech: Google flexing AI muscle; PayPal takes it on the chin (5 minute read)
This week, we've got Alphabet's Google (GOOG) (GOOGL) diving headfirst into the AI game - watch out world, they're coming in hot! On the other hand, PayPal (PAYP), Airbnb (ABNB), and Twilio (TWLO) seem to be letting us down with their disappointing forecasts. But fear not, because Zscaler (ZS) has some good news for us that might just make up for the others' fumbles.

2 Reasons to Be Bullish on Tesla Stock (5 minute read)
Last week, our favorite electric-car maker, Tesla (TSLA), delivered some juicy tidbits for investors to chew on. First up, we learned that multitasking CEO, Elon Musk, is handing over the reins at Twitter. Now he might be able to juggle all his ventures without dropping any balls (or tweets). Tesla decided to flex its muscles and raise the prices of some of its models in the U.S. Some investors think it's a clear sign that demand for Teslas is stronger than ever.

Can and Should You Let ChatGPT Pick Your Investments? (4 minute read)
So, what's the deal? ChatGPT is basically a chatty chatbot on steroids, armed with AI wizardry that lets it hold conversations like a pro. People from all corners of the globe are bombarding it with questions, ranging from silly to serious. Some are even tossing out life-changing inquiries like, "Hey, can you be my investment guru?" But here's the thing: Is ChatGPT really qualified to dish out those kind of answers? Can it be your financial fairy godmother?

🐥

Best of Twitter

Thanks for reading, if you enjoyed, tell your friends!

P.S: If you're interested in crypto and web3 - check out our new newsletter, The Crypto Journal!

Share The Investing Journal with your friends to receive rewards!