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Wall Street Thinks It Has an AI Edge

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moneyandmarkets.com

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info@mb.moneyandmarkets.com

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Tue, Feb 20, 2024 12:00 PM

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We're tapped in and ready to capitalize with this revolutionary tech… Published By Money & Mark

We're tapped in and ready to capitalize with this revolutionary tech… Published By Money & Markets, LLC. February 20, 2024 Published By Money & Markets, LLC. February 20, 2024 [Turn Your Images On] [Turn Your Images On] From The Desk of [Matt Clark, CMSA®]( Chief Research Analyst, [Money & Markets Daily]( [Wall Street Thinks It Has an AI Edge]( Money & Markets Daily, After months of waiting on the sidelines, I'm learning how to use artificial intelligence (AI). I think of it like deciding to buy the new iPhone the day it comes out… you can, but you know there will be bugs, and it's expensive. Waiting means I get better quality at a lower price. Adopting AI has been a slow process, but I recognize the fact that this technology is here to stay. And it's going to be more critical in our daily lives. My eyes were opened after reading an article in Bloomberg about how banks could use AI to increase their earnings by $340 billion annually. This goes deeper than just AI-based stock plays (think semiconductors, edge computing stocks, etc.). It speaks to how we do business, complete simple tasks and even communicate. Today, I'm looking at how Wall Street is fully embracing AI and how Chief Investment Strategist Adam O'Dell is incorporating it into his own strategies here at Money & Markets. --------------------------------------------------------------- [Turn Your Images On]( From our Partners at Banyan Hill Publishing. [Is this proof that cryptos are working as intended?]( After a series of banking collapses hit mainstream media, the surge in bitcoin's (BTC) price has raised eyebrows. In fact, many are recognizing BTC as one solution with its 70% growth rate seen so far this year; yet another crypto could have much more potential and disrupt global finance within our lifetime! With investment already pouring in from PayPal and Square plus Mark Cuban and billionaires Elon Musk and Ray Dalio on board too ... there may be serious opportunities out there today if you know where to look — [learn how you can get started with only $20 here now before it's too late!]( --------------------------------------------------------------- McKinsey Report Opens Eyes on AI Bloomberg cited a report published by research firm McKinsey Global Institute. While the timeframe for full adoption of AI into the workplace was unclear, the fact remains that sectors of the market are exploring how AI can help them become more efficient. It told me that AI is coming whether you like it or not. In my mind, it was time to jump on the train rather than be left at the station. Banks are already experimenting with using AI… Goldman Sachs Inc. (NYSE: GS) is using an AI tool to automate coding. Citigroup Inc. (NYSE: C) has used AI to comb through thousands of pages of capital rules in an effort to simplify them for human consumption. This allows employees to spend more face time with clients. And many other Wall Street sectors are using AI to help with other avenues like fraud detection and performance reviews. While the process of implementing AI is still slow — companies are struggling with engineering the correct prompts to get the most out of AI — the fact remains that AI isn't going anywhere. And the numbers back that up: [Turn Your Images On] The global AI market was worth more than $207 billion in 2023. Forecasts project the market value rocketing to $1.8 trillion by 2030. That's a 765.4% increase in market value in only seven years! It's further proof that AI is going to become a more integral part of our daily lives in the years to come. --------------------------------------------------------------- [Turn Your Images On]( [How to Tap into Wall Street’s Secret $7 Trillion Cash Cow]( On Thursday, February 22 at 1pm ET, Adam O’Dell is revealing how to tap into a market where Wall Street and elite investors make billions of dollars outside of stocks… and target profits as big as 309%... 400%... even 518% in a matter of days. [Click here to save your spot](. --------------------------------------------------------------- How Adam Uses AI I've worked with our chief investment strategist, Adam O'Dell, for several years now. He's a smart guy. He knows how to spot trends and, more importantly, how to capitalize on them. One trend he recognizes is that Wall Street is all over AI… using it for the functions I mentioned above, for algorithmic trading… and more. We're all taking a crack at it. From using ChatGPT to write emails to using other AI programs to develop code in Python, everyone is getting into the AI craze. And Adam recognized that there's more than one way to get into the trend. You don't have to necessarily go out and gobble up AI stocks — in truth, most AI pure-play stocks don't rate well on his proprietary Green Zone Power Ratings system. Instead, he's using AI [to tap into a $7 trillion market]( that's the stomping grounds of Wall Street's most elite. He'll reveal it all on Thursday… In the meantime, [click here]( to add your name to the guest list, gain access to some free research and make sure you're one of the first to find out more in a couple of days. Until next time… Safe trading, [Matt Clark, CMSA®]( Chief Research Analyst, [Money & Markets Daily]( --------------------------------------------------------------- Check Out More From Money & Markets Daily: - [AMERICA'S FIRST GREAT INVESTOR]( - [THE STRONGEST PROFIT SEASON IS KICKING OFF]( - [PROFIT SEASONS, STRONG BULLISH STOCKS AND A 100% WIN RATE]( --------------------------------------------------------------- [Turn Your Images On]( Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: [( Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets permits editors of a publication to recommend a security to subscribers that they own themselves. However, in no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. Any exit after a buy recommendation is made and prior to issuing a sell notification is forbidden. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. (c) 2024 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 800-684-8471) Remove your email from this list: [Click here to Unsubscribe]( Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: [( Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets permits editors of a publication to recommend a security to subscribers that they own themselves. However, in no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. Any exit after a buy recommendation is made and prior to issuing a sell notification is forbidden. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. (c) 2024 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 800-684-8471) Remove your email from this list: [Click here to Unsubscribe](

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