Investing Advice Straight to Your Phone With TipRanks
TipRanks uses Natural Language Processing to give investing advice to roughly five million investors. Now, the company is out with a mobile app to bring the advice directly to users phones.
Uri Gruenbaum is the CEO and Co-founder of TipRanks. Gruenbaum explains that the reception to the new app has been very positive overall. The success has made him wish they built out this new app even sooner.
Gruenbaum explains that the overall goal is to help investors better understand the market and various options on the market. With NLP, TipRanks can analyze all of the information online and what analysts are saying, and then distill the best information and advice.
Taylor Swift's concert tour has dominated the box office in recent days and it's also the top-grossing concert film of all time here in the U.S. But a conversation on social media raised questions about movie etiquette and videos shared show film audiences singing, shining their phone flashlights and dancing in the aisles.
Stocks fell at the open Tuesday as the 10-year Treasury yield spiked following retail sales data and bank earnings, raising concerns over more rate hikes. Investors are also keeping an eye on tensions in the Middle East and its potential effect on global markets.
