Explore new horizons of trading with R MobileTrader<\/span><\/p>\n Watson is a Cloud platform software providing clients with a variety of AI-based services and instruments for big data analysis, processing and formatting, and optimising business processes.<\/p>\n\n\n\n The main uses of Watson are:<\/p>\n\n\n\n AI Powered Equity is the first actively managed ETF that uses the IBM Watson AI technology for making forecast models for 6,000 US companies and choosing securities. The fund got started in 2017. When selecting a company, Watson analyses the following modules:<\/p>\n\n\n\n During the analysis, each module gets several signals based on which the decision is made whether to buy the company’s stocks.<\/p>\n\n\n\n AI Powered Equity is an actively managed fund, which means its portfolio is prone to frequent changes. At the moment this article was being written, the Top 5 list of the fund’s stocks in terms of the occupied share of the portfolio featured: JPMorgan Chase & Co.<\/a> (NYSE:JPM), Las Vegas Sands Corp. (NYSE:LVS), Novavax Inc. (NASDAQ:NVAX), Uber Technologies Inc. (NYSE:UBER) and Builders FirstSource Inc. (NYSE:BLDR).<\/p>\n\n\n\n Founded in<\/strong>: 2000<\/p>\n\n\n\n Registered in<\/strong>: the US<\/p>\n\n\n\n Head office<\/strong>: New York, New York<\/p>\n\n\n\n Sector<\/strong>: financial services<\/p>\n\n\n\n Platform<\/strong>: NYSE<\/p>\n\n\n\n Market capitalisation<\/strong>: 412 billion USD<\/p>\n\n\n\n JPMorgan Chase & Co. is one of the largest US banks; it has a reputation as one of the most trustworthy and successful financial institutions in the world and is considered to be the leader of financial services. AI Powered Equity holds 41,223 shares of JPMorgan Chase & Co.; they account for 4.75% of the fund’s portfolio.<\/p>\n\n\n\n Founded in<\/strong>: 1988<\/p>\n\n\n\n Registered in<\/strong>: the US<\/p>\n\n\n\n Head office<\/strong>: Las Vegas, Nevada<\/p>\n\n\n\n Sector<\/strong>: resorts and casinos<\/p>\n\n\n\n Platform<\/strong>: NYSE<\/p>\n\n\n\n Market capitalisation<\/strong>: 43.4 billion USD<\/p>\n\n\n\n Las Vegas Sands Corp. is a large representative of the global hotels & resorts business. Moreover, the company has other sources of income: conference halls, exhibition facilities, retail sales, restaurants, and entertainment venues. AI Powered Equity holds 93,458 shares of Las Vegas Sands Corp., which constitute 4.35% of the fund’s portfolio.<\/p>\n\n\n\n Enter the Founded in<\/strong>: 1987<\/p>\n\n\n\n Registered in<\/strong>: the US<\/p>\n\n\n\n Head office<\/strong>: Gaithersburg, Maryland<\/p>\n\n\n\n Sector<\/strong>: healthcare<\/p>\n\n\n\n Platform<\/strong>: NASDAQ<\/p>\n\n\n\n Market capitalisation<\/strong>: 0.95 billion USD<\/p>\n\n\n\n Novavax Inc. designs and commercialises innovative vaccines for preventing and curing infections. It has a wide range of projects in various stages of development and research, including a candidate vaccine against COVID-19 NVX-CoV2373. The shares of Novavax Inc. in the AI Powered Equity portfolio take up 4.19% – 496,237 shares.<\/p>\n\n\n\n Founded in<\/strong>: 2009<\/p>\n\n\n\n Registered in<\/strong>: the US<\/p>\n\n\n\n Head office<\/strong>: San Francisco, California<\/p>\n\n\n\n Sector<\/strong>: software<\/p>\n\n\n\n Platform<\/strong>: NYSE<\/p>\n\n\n\n Market capitalisation<\/strong>: 73.3 billion USD<\/p>\n\n\n\n Uber Technologies Inc. is mostly famous for its taxi service. However, since it started operating, the company has mastered other branches of business, including food and meal delivery, a corporate taxi service, and non-emergency medical services. AI Powered Equity has bought 123,345 shares of Uber Technologies Inc., taking up 3.67% of the fund’s portfolio.<\/p>\n\n\n\n Founded in<\/strong>: 1998<\/p>\n\n\n\n Registered in<\/strong>: the US<\/p>\n\n\n\n Head office<\/strong>: Dallas, Texas<\/p>\n\n\n\n Sector<\/strong>: building materials and equipment<\/p>\n\n\n\n Platform<\/strong>: NYSE<\/p>\n\n\n\n Market capitalisation<\/strong>: 12.3 billion USD<\/p>\n\n\n\n Builders FirstSource Inc. is the leading supplier of materials, services, and solutions for US building companies. The corporation employs over 26,000 employees from 5 countries. AI Powered Equity holds 48,059 shares of Builders FirstSource Inc., which makes up 3.17% of all the stocks in the portfolio.<\/p>\n\n\n\n Gain access to over 1000 US stocks for commission-free trading on the R StocksTrader<\/span> platform<\/p>\n <\/div>\n Looking at the Top 5 stocks of the AI Powered Equity portfolio, we can conclude that IBM Watson diversifies portfolios quite well: all the companies are from different sectors. Also, this list changes quite frequently.<\/p>\n\n\n\n From March 2020 to November 2021, the stocks of the fund demonstrated 134% profitability, while the ETF SPDR S&P 500<\/a> (NYSE:SPY) which invests in S&P 500 stock index demonstrated 122% return. However, from January to October 2022, there was a 27% drop in the results of the latter, and the statistics of AI Powered Equity saw a 34% decline.<\/p>\n\n\n\n As we can see, the performance of an AI-managed fund is comparable to those of an index ETF. It should also be kept in mind that AI is on a constant learning curve and is improving, which may have a good influence on AI Powered Equity in the future.<\/p>\n\n\n\n![\"partner-programme\"](\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2023\/09\/mt-mobile.png\")
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\n <\/div>\n <\/div>\n\n\n\n<\/span>What is Watson?<\/span><\/h2>\n\n\n\n
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<\/span>What we know about AI Powered Equity<\/span><\/h2>\n\n\n\n
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<\/span>1. JPMorgan Chase – 4.75%<\/span><\/h2>\n\n\n
<\/span>2. Las Vegas Sands – 4.35%<\/span><\/h2>\n\n\n
![\"partner-programme\"](\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2023\/09\/rst-mobile.png\")
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\n <\/div>\n <\/div>\n\n\n\n<\/span>3. Novavax – 4.19%<\/span><\/h2>\n\n\n
<\/span>4. Uber Technologies – 3.67%<\/span><\/h2>\n\n\n
<\/span>5. Builders FirstSource – 3.17%<\/span><\/h2>\n\n\n
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\n <\/div>\n <\/div>\n\n\n\n<\/span>Summary<\/span><\/h2>\n\n\n\n