Google announced on Friday that it’s giving Google Finance, its tool that provides financial information and business news, an AI update. Users will now be able to research their financial questions with AI, access advanced charting tools, and get real-time data and news.
With the update, users can now ask detailed questions about finance and get a comprehensive AI response that includes links to relevant sites. Instead of having to look up individual stock details, users can ask complex questions in one go.
As for the new charting tools, Google says these “will help you visualize financial data beyond simple asset performance. You can view technical indicators, like moving average envelopes, or adjust the display to see candlestick charts and more.”
Google Finance is also getting additional market data, including commodities and additional cryptocurrencies. Additionally, there’s a new live news feed that lets you see real-time headlines.
With this update, Google is looking to take on platforms like Yahoo Finance and Seeking Alpha. The company also likely hopes that by supercharging Google Finance with AI answers and charts, people are less likely to leave the service and go to an AI chatbot like ChatGPT for answers to complex questions.
The tech giant says the new AI-powered Google Finance is rolling out over the coming weeks in the U.S. Users will have the option to toggle between the new and old design.