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Fintech Startup Kavout Launches A.I. Driven Investment Platform Finance Magnates

#artificialintelligence

Emerging Seattle-based fintech startup Kavout has just launched its new investment platform, driven by artificial intelligence (AI), for clients to find trading opportunities using tools powered by machine learning and big data, and with a beta-version of the platform made available to investors. As robo-advisors and automated trading products continue to emerge on the retail side, following the use of algorithmic trading and A.I.-driven technology by institutional firms, Kavout's announcement today appears to reflect the growing related interest from the market for such products. Kavout uses what it calls Kai, the core AI and machine learning process that fuels Kavout's main attributes and functions, including scanning historical SEC filings and stock quotes and examining millions of points of data ever second while analyzing stocks using an objective approach. There is also a Kai Score feature within the platform that provides a predictive analysis ranking reflecting data analytics processed for each security, and based on a stock's future performance related to its valuation, growth, momentum and other qualities. An excerpt of the platform as seen below, upon logging into the beta-version of Kavout, shows one of the Kai Score features.


Fintech Startup Kavout Launches A.I. Driven Investment Platform Finance Magnates

#artificialintelligence

Emerging Seattle-based fintech startup, Kavout, just launched its new investment platform, driven by Artificial Intelligence (A.I.), for clients to find trading opportunities using tools powered by machine learning and big data, and with a beta-version of the platform made available to investors. As robo-advisors and automated trading products continue to emerge on the retail side, following the use of algorithmic trading and A.I.-driven technology by institutional firms, Kavout's announcement today appears to reflect the growing related interest from the market for such products. Kavout uses what it calls Kai, the core AI and machine learning process that fuels Kavout's main attributes and functions, including scanning historical SEC filings and stock quotes and examining millions of points of data ever second while analyzing stocks using an objective approach. There is also a Kai Score feature within the platform that provides a predictive analysis ranking reflecting data analytics processed for each security, and based on a stock's future performance related to its valuation, growth, momentum and other qualities. An excerpt of the platform as seen below, upon logging into the beta-version of Kavout, shows one of the Kai Score features.


Robinhood Restricts GameStop Trading--in a Bid to Save Itself

WIRED

The online brokerage Robinhood launched in 2013 with an egalitarian pitch worthy of its namesake: commission-free trading on a platform that has the common investor's interests at heart. That veneer has shown cracks over the years, but perhaps none so visible as this morning, when Robinhood users found themselves unable to purchase the so-called meme stocks, like GameStop and AMC, that the WallStreetBets community on Reddit had recently sent soaring. You could still sell those stocks--most of which still rank among the most widely held on the platform, according to the Robinhood app's frequently updated "Most Popular" list--but otherwise? And while experts say that Robinhood was within its legal and regulatory rights to shut down the stonks party, its users are up in arms. Understanding Thursday's fracas requires a brief history of why GameStop shot up 1,700 percent this month.


The 5 best investment apps of 2022

ZDNet

If you're thinking about ways to make your money work for you or generate more than today's savings account interest rates can offer, or you want to manage your own wealth, it is worth exploring the opportunities investment apps offer. Investment is no longer just in the realm of pensions or locked away on Wall Street. Instead, as the GameStop shares incident highlighted, retail investors now also have huge collective power in the stock market. It's not all about so-called "meme" stocks, though, which can be extremely risky. Mobile investment apps, instead, can be used to monitor and manage typical trades including individual stocks, mutual funds/ETFs, ISAs, SIPPS, and other types of pensions, and more.


AI is changing how investors develop successful strategies

#artificialintelligence

Technology has changed our lives in countless ways -- there are more smartphones and other mobile devices in use in the United States and its territories than the entire population of the country, and we are just on the cusp of seeing driverless cars on our roads and highways. As the field of artificial intelligence continues to grow and improve, it too is poised to make radical changes in nearly every industry and sector of business -- especially in investing. Insurance firms and investment banks already use artificial intelligence to automate tasks such as claims processing and contract validation. Investors who understand how AI will reshape and transform the investing landscape can capitalize on this trend and use it to their advantage. Bank of America estimates the global robotics and AI industry will grow to $153 billion by 2020, with $70 billion coming from growth in AI.