Google on Thursday launched a dedicated mobile app for Google Finance that hosts user watchlists and provides real-time market data, live financial news and Google’s AI-powered Key Moments feature, which explains why stocks move.
The app is launching on Android first, and Google says an iOS version will be released in the coming months. More features are also coming, such as the ability to listen to live earnings calls.
Google launching a standalone finance app is likely less about giving investors another place to check stock prices and more about Google trying to stake a claim in the increasingly crowded market for financial information apps.
The move puts Google in direct competition with consumer finance platforms like Yahoo Finance and trading apps like Robinhood.
The tech giant also said its new AI-powered Google Finance experience, introduced last year, is coming out of beta with new features.
Google also offers portfolios worldwide as part of the new Google Finance web experience, allowing users to view their investments in a single dashboard that tracks their holdings and performance. Users’ existing Google Finance portfolios will be automatically visible and they can create new portfolios by uploading files or describing their investments to the chatbot.
Once these portfolios are created, users can use Google Finance’s AI research tool to ask questions such as “which sectors are currently underrepresented in my portfolio?”
Google has added an AI feature that allows users to set up tasks using natural language prompts, such as timely updates that analyze market changes or summaries of their holdings’ performance. Users can ask the AI assistant to use their watchlist or portfolio to get information tailored to their own investments, and once a task is set up, Google Finance will run in the background.
Google says these new portfolio and task features are available on the web starting today and will be added to the Google Finance app in the coming months.
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