Coin Telegraph ChatGPT always rolls a 4 but tens of thousands of traders are betting millions on its stock picks, AI expands classic album covers, and more. Almost 25,000 investors have signed up to trade alongside ChatGPT as they follow the GPT Portfolio experiment from copy trading firm Autopilot. The traders have bet a combined $14.7 million on the AIs stock picks, which would average about $600 each if they all invested after signing up. Theyre hoping to take even a small slice of a purported 500% return from one of the strategies backtested in academic research . The GPT Portfolio gets the AI to analyze 10,000 news articles and 100 company reports to select 20 stocks for the $50,000 portfolio, updated each week. The initial picks included Berkshire Hathaway, Amazon, D.R. Horton and Davita Health. After two weeks, the portfolio is up around 2%, which is pretty much the same as the stock market. Interestingly the bottom five picks lost more in percentage terms than the top five gained Dollar Tree lost 17% after it missed earnings so it might be more sensible in future to only invest in GPT-4s best five or 10 ideas, but well see how it works out. more…
SBWire NJ New Jersey, USA -- ( SBWIRE ) -- 04/07/2023 -- Latest Study on Industrial Growth of Life Reinsurance Market 2022-2027. A detailed study accumulated to offer Latest insights about acute features of the Life Reinsurance Market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis. Free Sample Report + All Related Graphs & Charts @: https://www.advancemarketanalytics.com/sample-report/111381-global-life-reinsurance-market#utm_source=SBWireShraddha Major Players in This Report Include: Swiss Re Ltd. (Switzerland), Munich Reinsurance Company (Germany), Hannover Ruck S.E (Germany), SCOR S.E. (France), Berkshire Hathaway Inc. (United States), Lloyd''s (United Kingdom), China Reinsurance (Group) Corporation (China), Reinsurance Group of America Inc. (United States), Great West Lifeco (Canada), Korean Reinsurance Company (South Korea) The global reinsurer market seeing strong growth in FY 2019, which is near about USD ~ 625 billion. more…
InvestorPlace Ahead of significant variables and possible headwinds, investors may want to prep for whatever may arise through ownership of the best ETFs. Fundamentally, exchange-traded funds offer investors an efficient way to diversify their portfolios. By opening the canvas up to a basket of compelling stocks or bonds, market participants can cover immense ground. Further, covering ground represents a critical need since we don’t know which way the equities sector will head. For instance, so far this year, the benchmark S&P 500 got off to an auspicious start on declining inflation data. However, the most recent print indicates that rising prices remain stubbornly high and above expectations. Therefore, the Federal Reserve may step in more aggressively moving forward. Of course, that wouldn’t be a great backdrop for risk-on-asset classes. However, a select few relevant sectors may benefit. Therefore, the best ETFs make plenty of sense during this ambiguous cycle. VTV Vanguard Value Index Fund $140.30 SCHD Schwab US Dividend Equity $74.87 XLU Utilities Select Sector SPDR $66.16 IYK iShares US Consumer Staples $195.21 ITA iShares US Aerospace & Defense $115.50 DBA Invesco DB Agriculture $20.24 VXUS Vanguard Total International Stock Index $54.19 Vanguard Value Index Fund (VTV) Source: kenary820 / Shutterstock Focusing on large-capitalization companies, the Vanguard Value Index Fund (NYSEARCA: VTV ) is a play on established businesses . more…
InvestorPlace S&P Global Commodity Insights reported in December that the gap between lithium supply and demand could widen in 2023 due to the accelerated global adoption of electric vehicles. As a result, lithium prices are expected to remain high. That makes lithium stocks attractive to thematic investors. If you’re in the market for lithium stocks, one of the best sources of inspiration is the Global X Lithium & Battery Tech ETF (NYSEARCA: LIT ). It invests in lithium-related companies, from mining and refining the metal to producing lithium batteries. It tracks the performance of the Solactive Global Lithium Index , a collection of 20-40 companies ranked by their free-float market capitalization. To make the index, a company must have a free float market cap of $50 million and an average daily traded value of $200,000 over the past 90 days if they’re not already in the index, and $25 million in free float market cap and $100,000 average daily traded value if they are. Lastly, their shares must be tradable by foreign investors without restrictions. more…
SBWire NJ New Jersey, USA -- ( SBWIRE ) -- 01/19/2023 -- The latest report released on Global Reinsurance Market analyses areas where there is still room for improvement. Irrespective of industry, organization size, or geographic location, the Reinsurance Market study suggests that advanced technologies are playing a bigger role than ever before. The assessment provides trend, growth factors and estimates for Global Reinsurance Market forecasted till 2028. Some of the key players profiled are Munich Re (Germany), Swiss Re (Switzerland), Hannover Re (Germany), SCOR SE (France), Lloyda€™s (United Kingdom), Berkshire Hathaway (United States), Great-West Lifeco (Canada), Reinsurance Group of America (United States), China RE (China), Korean Re (South Korea), PartnerRe (United Kingdom), GIC Re (India), Mapfre (Spain), Alleghany Corporation (United States), Everest Re (Bermuda), XL Catlin (United States). Get Free Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/9184-global-reinsurance-market#utm_source=SBwire/Rahul Scope of the Report of Reinsurance The transfer of liability from a ceding insurer (the primary insurer who granted the insurance contract) to another insurer is known as reinsurance (the reinsurance company). more…