ChatGPT For Financial Research On Major US Companies

Last updated: Jun 27, 2023

This video is about using ChatGPT for financial research on major US companies, allowing users to ask specific financial questions and compare companies to save time and gather information for investment purposes.

This video by Jason West was published on Apr 21, 2023.
Video length: 12:41.

In this video, Jason West introduces a tool that allows users to conduct financial research using ChatGPT.

The tool provides access to financial information about 750 major US companies, including Apple, Microsoft, Google, Amazon, Tesla, and more. Users can search for specific companies and ask questions about their financial data, such as sales figures and profit margins. The tool also provides transcripts of quarterly reports and announcements. Jason demonstrates how to use the tool by asking questions about Tesla's car sales in 2021 and Microsoft's gross margin in 2022.

Overall, the tool is described as a valuable resource for investors looking to save time and gather information about potential investments.

  • The tool allows users to use ChatGPT for financial research on major US companies.
  • Users can search for specific companies and ask financial questions.
  • The tool provides information from quarterly reports and announcements.
  • The tool is free to try out at the moment.
  • It covers information about 750 top US companies.
  • The layout is similar to ChatGPT, with dark and light modes and a chat system.
  • Previous chats are saved for easy reference.

ChatGPT For Financial Research On Major US Companies - YouTube

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Introduction

  • The tool allows users to use ChatGPT for financial research on major US companies.
  • Users can search for specific companies and ask financial questions.
  • The tool provides information from quarterly reports and announcements.
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Features of the Tool

  • The tool is free to try out at the moment.
  • It covers information about 750 top US companies.
  • The layout is similar to ChatGPT, with dark and light modes and a chat system.
  • Previous chats are saved for easy reference.
  • Users can ask specific financial questions and compare companies.
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Example: Tesla Sales in 2021

  • The user asks how many cars Tesla sold in 2021.
  • The tool searches through available data and provides a response.
  • The response states that there is no specific information on the number of cars sold in 2021.
  • However, it mentions that Tesla's automotive sales revenue increased by 79% in 2021 compared to 2020.
  • The tool provides additional information on revenue, gross profit, and production.
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ChatGPT For Financial Research On Major US Companies - YouTube

Example: Gross Margin for Microsoft in 2022

  • The user asks for the gross margin and operating margin for Microsoft in 2022.
  • The tool searches through available documents and provides a response.
  • The response states that there is no specific information on the gross margin and operating margin for Microsoft in 2022.
  • However, it mentions that the transcript for the fiscal Q2 2023 earnings call provides some relevant information.
  • The response includes the company's gross margin percentage and other relevant stats.
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Risks and challenges of Apple's business

  • The impact of the COVID-19 pandemic on the global economy and supply chain disruptions.
  • Significant volatility and disruption in global markets caused by the pandemic.
  • Apple's total net sales increased by 11% during the first quarter of 2022 compared to the same quarter in 2021, driven by growth in iPhone services and Mac.
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Highest profit margin in 2021: Microsoft vs Apple

  • It is not possible to determine which company had the highest profit margin.
  • The provided documents only include data on revenue and gross profit of different segments of the companies, not the profit margin.
  • The data for Microsoft only goes up to the quarter ending December 2021, while the data for Apple goes up to September 2022, making it difficult to compare the metrics.
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Visa's gross profit margins increasing each year?

  • Based on the provided documents, there is no clear indication that Visa's gross profit margins are increasing each year.
  • However, upon further examination, the gross profit margin for Visa is around 80% consistently, with a slight increase from September 2020 to September 2021.
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Improving the quality of prompts and exploring the tool

  • Experimenting with different prompts and asking more specific questions may yield better results.
  • It is worth exploring the tool and playing around with different prompts to gather information and improve the quality of questions.
  • Consider using the provided questions in the video as a starting point for generating good prompts.
  • Version four of the questions used in the video was ChatGPT's prompt format.
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Using ChatGPT for Financial Research on Major US Companies

  • The video discusses using ChatGPT for financial research on major US companies.
  • Users can ask specific financial questions and compare companies to save time and gather information for investment purposes.
  • ChatGPT can provide information on various financial metrics such as revenue growth, return on equity, debt to equity ratio, dividend yield, and payout ratio.
  • While the tool is still being refined, it has the potential to become a valuable tool for financial analysis.
  • Users can try out ChatGPT for free with the provided link and receive 10 daily credits.
  • There is an option to upgrade for more prompts by paying $20 per month, and users can also receive additional prompts by recommending and sharing the tool.

Watch the video on YouTube:
ChatGPT For Financial Research On Major US Companies - YouTube

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