Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

AI fuels boom as investors use ChatGPT to chase stocks

Hindustan Times Delhi

|

September 27, 2025

{ ROBO-ADVISORY MARKET } ALGORITHM-DRIVEN FINANCIAL ADVICE IS FORECAST TO GROW TO $470.91BN IN REVENUES IN 2029

- Reuters

As ChatGPT nears its third birthday, at least one in 10 retail investors is using a chatbot to pick stocks, fuelling a boom in the robo-advisory market, but even fans say itis a high-risk strategy that cannot replace traditional advisors just yet.

Thanks to artificial intelligence, anyone can select stocks, monitor them and obtain investment analysis that was once only available to big banks or institutional investors.

The robo-advisory market — which includes all companies providing automated, algorithm-driven financial advice such as fintech, banks and wealth managers — is forecast to grow to $470.91 billion in revenues in 2029 from $61.75 billion last year, marking a roughly 600% increase, according to data analysis firm Research and Markets.

MORE STORIES FROM Hindustan Times Delhi

Hindustan Times

Hindustan Times

Shrink wrap

Behl's film, Agra, is finally in theatres. It's been making news for how few screens it has been given (a number that has slowly climbed, with growing interest in the movie). It made news for premiering at Cannes, as Behl's first film Titli did in 2014. What it should be making news for is how it strips all pretence away and stares directly at the rage and violence tied to sex, in the minds of repressed young Indian men

time to read

6 mins

November 23, 2025

Hindustan Times

LILLY SINGH ON MANIFESTING SRK ENERGY

Lilly Singh reflects on an earlier visit to SRK's Mannat, her current work trip to Mumbai and why South Asian visibility in Hollywood still needs a push

time to read

1 mins

November 23, 2025

Hindustan Times

Single higher edu body, nuclear energy among 10 bills on agenda in Parl session

A bill to allow private players in the nuclear energy sector and one to create a single body to regulate the higher education sector are among key legislations listed for introduction in winter session of Parliament, set to commence on December 1.

time to read

2 mins

November 23, 2025

Hindustan Times

Delhi advises 50% WFH as pollution curbs get tighter

The Commission for Air Quality Management (CAQM) in Delhi-NCR has further tightened its curbs under the Graded Response Action Plan (Grap) to curb air pollution, continuing an exercise that started last Wednesday. As part of this, the recommendation for states to impose 50% work-from-home for all government and private offices has been moved from Stage 4 of Grap to Stage 3, according to a notification issued on November 21.

time to read

1 mins

November 23, 2025

Hindustan Times

Indian values offer path to growth for all: PM at G20

Prime Minister Narendra Modi on Saturday outlined India’s vision for six new G20-led initiatives, including a global effort to dismantle the drug-terror nexus, a healthcare rapid response team, a traditional knowledge repository, an open satellite data partnership, and a critical minerals circularity initiative while calling for a fundamental rethinking of global development parameters at what was the first G20 Summit on African soil.

time to read

3 mins

November 23, 2025

Hindustan Times

NEW ENCLAVE FOR PMO, GOVT TOP BRASS SET TO BE READY IN 15 DAYS

The new executive enclave or the Prime Minister's Office, along with the cabinet secretariat and the national security council secretariat, is expected to be ready within the next 15 days, an official aware of the developments said.

time to read

1 min

November 23, 2025

Hindustan Times Delhi

Hindustan Times Delhi

Face off with fears: Kubbra Sait to embark on Brahmaputra rafting adventure

Actor Kubbra Sait is gearing up for an adventurous end to 2025 with a 12-day rafting expedition on the Brahmaputra river, starting December 1. Last seen in Son of Sardaar 2, the actor says, \"It has been a dream for me for the last seven years, ever since I rafted on the Kali river (near Pithoragarh, Uttarakhand). It is going to be a mad experience. Last year, I scaled Mt Kilimanjaro (Tanzania), which was an amazing, spine-chilling experience.

time to read

1 min

November 23, 2025

Hindustan Times

Hindustan Times

Climate compromise: Belém deal gavelled after impasse, dilution

World governments reached a compromise climate deal on Saturday after nearly a week of talks that pitted developed against developing countries over who should bear the burden of climate action.

time to read

1 min

November 23, 2025

Hindustan Times Delhi

Fatima Bosch's Miss Universe win still making waves; here's why

CROWNED MISS UNIVERSE 2025 ON 21 NOVEMBER, MEXICO'S FATIMA BOSCH IS BEING CELEBRATED NOT JUST FOR HER WIN BUT FOR SPEAKING OUT AGAINST DISRESPECT DURING A PRE-PAGEANT CLASH

time to read

1 mins

November 23, 2025

Hindustan Times Delhi

GULSHAN HAS SILENTLY BEEN CREATING A COP UNIVERSE OF HIS OWN

Actor Gulshan Devaiah recently announced his Tamil and Telugu debuts with Legacy and Maa Inti Bangaram, respectively.

time to read

1 min

November 23, 2025

Listen

Translate

Share

-
+

Change font size