JPMorgan is developing a ChatGPT-like AI service that gives investment advice_
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2/14/24, 9:50 PM
JPMorgan is developing a ChatGPT-like AI service that gives investment advice.
https://earngpt.net/Pre-NextAdvice/index3.php?MPC_1=Google&MPC_2=financial stock&MPC_3=Prelander-JPMorgan&MPC_4=LP-V3&gclid=…
1/11
JPMorgan is developing a
ChatGPT-like AI service that
gives investment advice.
jp morgan has been developing an ai-based software named indexgpt
that is wholly based on
artificial intelligence and will help customers guide investment options for better returns.
Jonathan March
Wednesday, February 14, 2024 | 8 MIN READ
So, the company based in New York applied for a trademark product named IndexGPT
this month.
2/14/24, 9:50 PM
JPMorgan is developing a ChatGPT-like AI service that gives investment advice.
https://earngpt.net/Pre-NextAdvice/index3.php?MPC_1=Google&MPC_2=financial stock&MPC_3=Prelander-JPMorgan&MPC_4=LP-V3&gclid=…
2/11
The technology is leveraging cloud computing software using artificial
intelligence
. The primary purpose is to analyze and select securities, such as stocks
or bonds, specifically tailored to customers' individual needs.
"It's an artificial intelligence program designed for choosing financial
investments,"
explained trademark lawyer Josh Gerben. "It appears they're aiming
to compete with traditional financial advisors."
The Chief Executive Officer of JP Morgan Chase, Jamie Dimon
, is planning to visit
Mainland China because American Bank is preparing to host three conferences in
Shanghai.
The background to this development is the remarkable success of OpenAI's ChatGPT
technology
, which gained widespread attention and popularity in the past year.
ChatGPT utilizes large-scale language models to generate responses to questions that
sound like they come from a human being.
This success has ignited intense competition among major technology companies and
semiconductor manufacturers
, as it is viewed as the next major foundational
innovation in the tech industry.
2/14/24, 9:50 PM
JPMorgan is developing a ChatGPT-like AI service that gives investment advice.
https://earngpt.net/Pre-NextAdvice/index3.php?MPC_1=Google&MPC_2=financial stock&MPC_3=Prelander-JPMorgan&MPC_4=LP-V3&gclid=…
3/11
Leading financial institutions, such as Goldman Sachs and Morgan Stanley, have
already recognized the potential of this technology and have started testing it for
internal use. For instance, it can assist Goldman Sachs engineers in writing code
or help Morgan Stanley's financial advisors answer complex financial questions from
clients.
IndexGPT will represent a cutting-edge application of Artificial Intelligence in the
finance industry. This application aims to provide users with the best investment
options, improving operational efficiency and customer experience.
Earn GPT Has Outplayed IndexGPT
JP Morgan is coming up with a great plan to launch IndexGPT
, but it has already been
outplayed by EarnGPT
, which EarnAI established. It is the first-ever investment advice
chatbot available to customers.
EarnGPT is a simple tool that will help you give some important financial advice for
investment. The tool will ask you some basic questions and then use its advanced
abilities to look at what's happening in the financial world
, like stock market
trends and news.
It will create an investment plan that can give you better investment returns. Investing
in the stock market with the help of this tool can be an ideal choice. For a personalized
2/14/24, 9:50 PM
JPMorgan is developing a ChatGPT-like AI service that gives investment advice.
https://earngpt.net/Pre-NextAdvice/index3.php?MPC_1=Google&MPC_2=financial stock&MPC_3=Prelander-JPMorgan&MPC_4=LP-V3&gclid=…
4/11
plan for users, it also uses computer algorithms effectively.
What is Earn GPT and how it works?
EarnGPT is an investment advisor chatbot that helps users to make their investment in
right stocks and get higher returns. It is based on artificial intelligence
and uses
computer algorithm to provide better suggestions.
EarnGPT could use natural language processing and machine learning algorithms to
analyze the data. It would identify patterns and trends so that an informed investment
decision could be taken.
EarnGPT would assess the user's risk
tolerance based on their responses and
financial situation. It might categorize users as conservative, moderate, or aggressive
investors. EarnGPT might also offer a chat or messaging interface where users can ask
questions and seek clarifications about their financial plans.
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Stockholders' Equity: Transaction Descriptions from Account Data
The following T-accounts contain keyed entries representing five transactions involving the stockholders' equity of Riverview, Inc.:
Paid-in Capital in Excess of Par
Land
value-Common Stock
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Common Stock, $10 Par
35,000 (2)
60,000 (3)
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Type here to search
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P13-41A Journalizing stock issuance and cash dividends and preparing the stockholders'
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From the French Instrument Corporation second-quarter report ended 2020, do a vertical analysis for the second quarter of 2020.
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- Assume you are given the following abbreviated financial statement. (look at the picture sent) On the basis of this information, calculate as many liquidity, activity, leverage, profitability, and common stock measures as you can. (Note: Assume the current market price of the common stock is $75 per share.)arrow_forward☐mybusinesscourse.com/platform/mod/quiz/attempt.php?attempt=7676745&cmid=418253&page=4 N Dashboard N Current Student Inf... N This course N Technology Suppor... NIT Services N MyNMU N MyUser SNMU EduCat BusinessCourse Tab Stockholders' Equity: Transaction Descriptions from Account Data The following T-accounts contain keyed entries representing five transactions involving the stockholders' equity of Riverview, Inc.: Paid-in Capital in Excess of Par Land value-Common Stock 33,000 (3) Common Stock, $10 Par 35,000 (2) 60,000 (3) (1) (2) (5) 6,080 Cash 80,600 35,000 4 *800 shares of common stock Date 1 OsLock Preferred Stock, $50 Par 65,000 (1) Esc FnLock 12,800 (4) ! Required 4 Using this information, give detailed descriptions, including number of shares and price per share when applicable, for each of the five transac General Journal 1 Paid-in-Capital in Excess of Par Value - Preferred Stock Type here to search (1) A F1 Z Description Return to course @ Paid-in Capital from Treasury…arrow_forwardNeed help with the earnings per share of common stock.arrow_forward
- Chapte. - Saved - Brian W Smith BW AutoSave ff >> File Insert Design Layout References Mailings Review View Help Home Font Paragraph Styles Editing Sensitivity Editor Paste Dictate Clipboard Voice Sensitivity Editor I 1 2 I 3 I 4 I 5. I . 6. Chapter 13 homework Answer Key P13-41A Journalizing stock issuance and cash dividends and preparing the stockholders' equity section of the balance sheet D-Mobile Wireless needed additional capital to expand, so the business incorporated. The charter from the state of Georgia authorizes D-Mobile to issue 50,000 shares of 8%, $50 par value cumulative preferred stock and 160,000 shares of S4 par value common stock. During the first month, D-Mobile completed the following transactions: ng a Oct. 2 Issued 19,000 shares of common stock for a building with a market value of $240,000. Issued 600 shares of preferred stock for $140 per share. Issued 11,000 shares of common stock for cash of $55,000. 10 Declared a $19,000 cash dividend for stockholders of…arrow_forwardezto.mheducation.com/ext/map/index.html?_con%3con&external_browser%=D0&launchUrl=https%253A%252F%252Fblackboard.waketech.edu%252Fwebapps%252Fportal%252Fframeset.jsp%253 From the French Instrument Corporation second-quarter report ended 2020, do a vertical analysis for the second quarter of 2020. (Input all answers as positive values except other (income) which should be indicated by a minus sign. Round your answers to the nearest hundredth percent.) FRENCH INSTRUMENT CORPORATION AND SUBSIDIARIES Consolidated Statements of Operation (Unaudited) (In thousands of dollars, except share data) Second Quarter 2020 2019 Percent of net Net sales 6,691 2$ 6,944 Cost of sales 4,088 4,461 Gross margin 2,603 2,483 Expenses: Selling, general and administrative 1,844 1,782 Product development 174 164 Interest expense 97 122 Other (income), net (173) (100) Total expenses 1,942 1,968 661 515 Income before income taxes 264 208 Provision for income taxes %24 397 307 Net income %24 0.05 2$ 0.03 Net income…arrow_forwardexplain how offen a firm that expects to need funds during the coming year might make sure the needed funds will be avaliablearrow_forward
- GThda kahlo - Google Search X O Frida Kahlo Flashcards Quizle x O Cemputeh nheducation.com/ext/map/index.html?_con%3con&external_browser=D0&launchUrl=https%253A%252F%252Flms.mheducation.com%252 https://cdn.musc. E Individual Differen. M - Corporate Finance 4 SPAN101: Element.. Canvas Dashboard Course Registration Saved Problem 12-11 Internal rate of return [LO12-4) You buy a new piece of equipment for $31,706, and you receive a cash inflow of $4,200 per year for 17 years. Use Appendix D for an approximate answer but calculate your final answer using the financial calculator method. What is the internal rate of return? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Internal rate of return nces Mill MacBook Air トト 吕口 F3 888 F4 F7 Fe F9 F5 F2 @ 2# $ % & * 2 3 4 5 6. 7 8 W R T Y o ーの つarrow_forwardwhat is stockholders equity x b My Questions I bartleby M nbox (1.661) oard Learn l.com/webapps/ubsh-lti-integration-BBLEARN/app/content/launchHandler?course id-_132178 18lcontent pus Powered by Bb eCampus ePortfolios Community Content Collection ents > HW Assignment 3 E Menu QUESTION 9 Not yet answered Marked out of 1.00 P Flag question At the end of the fiscal year, the usual adjusting entry to update Prepaid Insurance for the portion of the benefit that was used up / expired was accidentally omitted. Which of the following statements is true? Select one: O a. Total assets at the end of the year will be understated. b. Stockholders' Equity at the end of the year will be understated. O C. Net Income for the year will be overstated. O d. Insurance expense will be overstated. O e. None of the above. Save Answers Previous page Finish attempt.arrow_forwardMc Graw Hill Chrome Tab Profies Bookmarks File Edit View History Question 8-Proctoring: @x Window getproctorio.com/secured lockdown Proctoring Enabled: Summer 2024 Exam #10 8 Selling stock to investors for cash would result in which of the following? Σorress Multiple Choice A debit to additional paid-in capital and a credit to cash A credit to both cash and additional paid-in capital A debit to cash and a credit to common stock A debit to cash and a credit to the investment account 281 < Prev 8 of 20 Next 17 MacBook Pro G Search or type URL 2 3 4 96 5 w E R T 6 A & 8 -0 9 Y U < 0 S D F G H J K L X C v B N M H mand V 3 comma Helparrow_forward
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