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Join the Securities Litigation and Enforcement Group on LinkedInChatGPT Can Decode Fed Statements, Predict Stock Moves From Headlines – Bloomberg
In the second study, Can ChatGPT Forecast Stock Price Movements? Return Predictability and Large Language Models, Alejandro Lopez-Lira and Yuehua Tang at the University of Florida prompted ChatGPT to pretend to be a financial expert and interpret corporate news headlines. They used news after late 2021, a period that wasn’t covered in the chatbot’s training […]