The new gold?

Happy FRY-nancial FRY-day! Let’s crunch some numbers and AI news as we head into the weekend. 🤑

*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…)

🔨 AI FINANCE TOOLS OF THE DAY

📊 ViableView: Make data-driven product decisions. → Check it out

🏡 Rental Buddy: Find your perfect home. → Check it out

📈 Next Alpha: An LLM for crypto research. → Check it out

SALTY STORIES OF THE WEEK 🧂

Want some seasoning? Here are the saltiest AI stories in FRY-nance from this week:

• Best Buy is expected to report an 11th consecutive quarter of declining sales, with revenue dropping 3.62% over the past three months. Experts believe this is partially due to inflation but also because people are holding out on current technology in hopes of forthcoming AI-powered devices. When more AI-powered gadgets drop, Best Buy may recover. (Read More)

• Japanese insurance company Sompo has partnered with Palantir Technologies with the aim of integrating AI into its operations. Palantir’s technology will be used to enhance decision-making in pricing, underwriting, and risk management. (Read More)

• New research predicts that the global AI training dataset market will increase from $1.64 billion (in 2023) to $14.42 billion by 2033. This growth is expected to occur at a compound annual growth rate of 24.25%. As AI advancement continues, data is becoming the new gold. (Read More)

THIS WEEK’S DIAMOND IN THE ROUGH 💎

Q: Why did the teacher write his lesson on the window?

A: He wanted it to be clear. 🪟

This week’s diamond in the rough: Nerdy (NRDY).

How is AI helping Nerdy? Nerdy is an innovative online learning platform and marketplace which leverages proprietary AI technology to connect learners with educators. By efficiently matching students, parents, and other users with tutors, instructors, and educational professionals, Nerdy offers a personalized learning experience which caters to diverse learning needs. The platform encompasses over 3,000 lesson subjects and various educational formats—ranging from one-on-one tutoring to small group sessions and large virtual classrooms.

Want the numbers? This month, four major stock analysts raised their price targets for Nerdy, projecting an average upside of 36.4% from the current market price. This bullish sentiment has been echoed by institutional investors, who have shown confidence in the company’s potential by acquiring significant shares over the past year, with new inflows amounting to $145 million. Nerdy has been struggling to gain traction in the market due to skepticism about AI’s uses in education. But as AI inevitably finds its way into the field, we may see more people turning to platforms like Nerdy.

HOW ARE THE MAGNIFICENT 7 DOING? 📈

FRY-NANCIAL TOOL OF THE WEEK 🔧

FYI: We don’t receive any compensation for sharing this tool. We just find it FRY-tastic! 🤪

What’s the tool? Portfolio Pilot provides users with a full net worth analysis and personalized investment recommendations.

What are the features?

• See all your assets in one place: Aggregate your net worth and visualize your entire portfolio allocation in a single view.

• Measure your portfolio strength: Get portfolio-specific scoring based on your portfolio allocation.

• Identify risks and problem areas: PortfolioPilot monitors the economy and notifies you when risks come up in your portfolio.

• Get AI-driven portfolio assessment and insights: Have AI review your asset allocation and get tailored investment recommendations.

FRY-AI FANATIC OF THE WEEK 🍟

Congrats to our subscriber, Jim! 🎉

Jim gave our Sunday Deep-Fried Dive a Sizzlin’ review and wrote, “Great article!”

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YESTERDAY’S POLL RESULTS 📊

Featured comments:

“I have been experimenting with it using them 30 minutes a day minimum.” (Multiple times per day! 👨‍💻)

“Have problems with what to use AI for, other than asking for a book summary. Limitations are surely mine.” (Very rarely. 🤷‍♂️)

HAS AI REACHED SINGULARITY? CHECK OUT THE FRY METER BELOW: