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Free stock trading AI is coming? Microsoft's Bing chat will launch a stock market prediction function
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Free stock trading AI is coming? Microsoft's Bing chat will launch a stock market prediction function

Hayo News
Hayo News
June 29th, 2023

Microsoft is actively exploring the various possibilities of artificial intelligence. One of the future application scenarios is to provide users with stock market information reference and predict future stock price trends. Mikhail Parakhin, director of Microsoft's advertising and network services, said in the latest tweet that Bing Chat users will be invited to participate in testing the AI ​​stock market prediction function in the next few months.

This new function of Microsoft mainly uses the Option Pricing method to predict, and combines many factors such as the current stock price, strike price, expiration date and stock volatility to create a new model to predict the stock price trend. In this way, investors can predict the probability that a certain stock will be higher or lower than a certain price at a certain time, so as to make more informed investment decisions.

"I don't think there are any free consumer tools that do this," the tweet said, suggesting that Bing Chat's AI stock market forecasting feature would be free to users.

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