The Bitcoin price is surging as banks across the world are tightening their regulations to restrict its use as a currency.Bitcoin, an online currency, surged above $10,000 for the first time on Tuesday, up more than 5 per cent from Wednesday's close.The cryptocurrency has risen more than 25 per cent this year.Its price soared above $1,000 on Monday after a string of large price rises and a new rul...
A social media marketer is using the latest technology to help investors track stocks, and it is free.
Stock market app Sprouts is using artificial intelligence to track the stock market.
It’s called the Sprouts Market Tracker and it’s free.
“It’s kind of like a stock market tracking app for your iPhone, and you can basically use it for free,” said Josh Pritchard, CEO of Sprouts.
The app lets users access their personal data from their phones or on the web, or from a smartphone app.
Sprouts said its use of AI technology allowed it to track thousands of companies in one location.
“There are a lot of things that can go wrong when you get into these things, so it’s good to have a backup system that’s easy to find,” Pritich said.
Sprouts is working with tech companies to build its own market tracking apps.
“We are building our own app that’s open source, so if someone else wants to take a look at it, that would be great, and we would be happy to do that,” Pravell said.
In addition to tracking stock prices, Sprouts tracks other stock markets including oil and commodities, and other companies like healthcare, energy and consumer goods.
“I think this is going to be a very useful app for investors who want to track stock prices as they go through the year,” said Pritch.
Pritchard said Sprouts users would be able to track stocks through an app called the Stock Tracker.
Sprout is using Google Glass to see the stock price in real time.
“The main benefit of Glass is that it lets you have your hands on things you want to look at, you can look at your phone, you look at Google Glass, you have a great view of your iPhone,” he said.
“This is going be a great way for people to have their eyes on the market.
The only downside of Glass would be that you have to wear a helmet, so you’re going to have to have that helmet on at all times,” Pravick said.
The apps are still in the testing phase.
Springs is also using Google to see how well the software can work in the real world.