Streetbeat, a leading investment advisory platform, has introduced a new investment service that uses ChatGPT4 to actively manage trading portfolios based on real-time news analysis. The SmartPilot platform analyses large volumes of real-time news using generative AI and proprietary algorithms to dynamically fine-tune individual allocations, increasing exposure to companies with positive news coverage and reducing it during adverse news events. SmartPilot is available to all customers using the Streetbeat investing app and can connect to their existing brokerage accounts like Robinhood and TD Ameritrade. The app is designed to leverage real-time data, such as reputable news sources, to make algorithmic decisions about portfolio weightings, allocations, and even buy/sell orders. With SmartPilot, Streetbeat aims to democratize access to quality investment advisory services and revolutionize the way people invest.
Streetbeat is an innovative investment platform designed to bring hedge-fund level data capabilities to the retailer investor using powerful, proprietary data, technology, and generative AI to level the playing field for everyone. Streetbeat empowers investors with professional, curated, and personalized trading strategies (what we call Copilots) as well as tools to dynamically and actively manage portfolios, based on real-time market conditions and news, for optimal composition and performance. Streetbeat is an SEC-registered investment adviser, and the Streetbeat app is available in the Apple and Android stores.
Damian Scavo is the CEO of Streetbeat. He believes that retail investing has never seen this much innovation before and aims to continue leading the AI revolution in finance, democratizing access to quality investment advisory services that were once reserved for the privileged few. Maciej Donajski is the Co-founder and CTO of Streetbeat. He thinks that integrating generative AI within its investing experience and technology has led to very interesting use cases, seeing a lot of interest emerging already.
