ChatGPT is better at predicting how stocks will react to news headlines than traditional models, new study shows

• Florida researchers asked ChatGPT to analyze the sentiment of news headlines to forecast resulting stock moves.
• They said their study "demonstrates the value of ChatGPT in predicting stock market returns."
• But ChatGPT still has flaws, and the researchers advise investors to not rely on it for investment decisions.

ChatGPT can't see the future, but it already has value for investors looking to predict future moves in the stock market.