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Google's AI screws up financial advice
Happy FRY-nancial FRY-day! As usual, we have seasoned today’s content with valuable insights. 🧂
*Nothing we offer constitutes investment advice. Our aim is to report the latest happenings and teach you how to use the newest AI finance tools.*
🤯 MYSTERY AI LINK 🤯
(The mystery link can lead to ANYTHING AI-related: tools, memes, articles, videos, and more…)
Today’s Menu
Appetizer: Salty Stories of the Week 🧂
Entrée: This Week’s Diamond in the Rough 💎
Dessert: FRY-nancial Tool of the Week 🔧
🔨 AI FINANCE TOOLS OF THE DAY
☕️ Buy Me A Coffee: Fund your creative work. → Check it out
💸 Booky: Easily track business expenses and revenue. → Check it out
📈 Edgar: Track the financial performance of your favorite companies. → Check it out
SALTY STORIES OF THE WEEK 🧂
Want some seasoning? Here are the saltiest AI stories in FRY-nance from this week:
Google is upgrading its Shopping page with Gemini-powered summaries, personalized recommendations, and a customized Deals page. These summaries, appearing just below sponsored listings, will offer shopping tips and highlight key product features, like suggesting a gooseneck spout for tea kettles or water-resistant jackets for rainy climates. Personalized recommendations are based on users’ interests, and the new Deals page will offer tailored discounts. (Read More)
A recent study revealed that Google’s “AI Overviews” were incorrect or misleading 43% of the time in responses to finance-related questions. This reinforced skepticism towards AI’s ability to handle sensitive topics. (Read More)
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest AI chip manufacturer, reported a net revenue of $23.5 billion in the third quarter, up 36% year-over-year. TSMC’s key clients, including Apple and Nvidia, are driving this surge as they rely on the company’s advanced chip-making technology. (Read More)
THIS WEEK’S DIAMOND IN THE ROUGH 💎
Q: Why do power companies enjoy reading the newspaper?
A: They love current events. 🔌
How is AI helping Vistra? Vistra is one of the largest independent power producers and electricity retailers in the U.S. It has been significantly benefiting from the growing power demands of AI data centers. As more large companies seek sustainable energy through nuclear solutions, Vistra’s recent acquisition of Energy Harbor’s nuclear assets positions the company to supply just that. The combination of both gas and nuclear solutions gives the company a leg up on competitors and positions it as a valuable partner for companies seeking multifaceted approaches to energy.
Want some numbers? Vistra’s stock has risen over 160% in the past 12 months. The company has strategically returned $4.6 billion to investors, including $3.9 billion in share buybacks, with plans to repurchase an additional $2.25 billion in shares by 2025.
HOW ARE THE MAGNIFICENT 7 DOING? 📈
Company: | Thursday Closing Price (±% from last week): |
---|---|
Amazon (AMZN) | $187.53 (+0.5%) |
Apple (AAPL) | $232.15 (+1.4%) |
Alphabet (GOOGL) | $162.93 (+0.5%) |
Meta (META) | $576.93 (-1.2%) |
Microsoft (MSFT) | $416.72 (+0.2%) |
Nvidia (NVDA) | $136.93 (+1.6%) |
Tesla (TSLA) | $220.89 (-8.1%) |
FRY-NANCIAL TOOL OF THE WEEK 🔧
I ordered a chicken and an egg online. I’ll let you know which comes first … 🐣
What is the tool? Kudos helps you get the most out of your credit cards so you can automatically earn more rewards, points, and cash back.
How does it work?
Download the free Kudos Chrome extension.
Shop at your favorite online store.
Kudos will select and autofill the most optimal card for rewards at checkout.
When you shop at a “Boost merchant” that partners with Kudos, Kudos will match your credit card rewards.
*Disclaimer: We don’t receive any perks for sharing this tool. We just want to show you how cutting-edge AI tools can be used to enhance your financial life.*
FRY-AI FANATIC OF THE WEEK 🍟
Congrats to our subscriber, dibsondabigman! 🎉
Dibsondabigman gave us a Fresh and Crispy review and wrote, “Very good.”
(Leave a comment for us in any newsletter, and you could be featured next week!)
YESTERDAY’S POLL RESULTS 📊
Featured comments:
“Absolutely not! Why would we prevent our country from financially leading one of the world’s fastest growing industries?” (No! 🦾)
“China and especially Russia want to get their hands on our most advanced chips from Nvidia and others…” (Yes! 🚫)
HAS AI REACHED SINGULARITY? CHECK OUT THE FRY METER BELOW:
What do ya think of this latest newsletter? |