Robinhood rolls out Digests, an AI-driven product by Robinhood Cortex, available to all UK users, and provides a simple explanation of what is causing stock prices to change.
The tool is the first to be powered by the company's artificial intelligence investment assistant, Robinhood Cortex. Use the Generated AI to monitor broken news, analyst reports, technical metrics, and Robinhood's own data to create clear, short explanations of why inventory is moving.
Jordan Sinclair, president of Robinhood UK, said, “The digestive system with Robinhood Cortex is the first AI Insight tool built directly into the app. From first-time investors to veteran traders, UK customers appreciate the timely, accessible summary highlighting what's driving their inventory.
Additionally, the feature is free to use at startup and can be found directly on the stock details page. According to Robinhood, Digests is suitable as a “strong information gathering layer” for all expertise levels and functions, helping users understand market activity, develop their own investment papers, and verify signals before trading.
Digests was first introduced at the company's Lost City of Gold event in San Francisco earlier this year, but it began shipping to US clients this summer. Since then, Robinhood has reported that hundreds of thousands of people have used it.
According to the Corporation, 95% of US customers surveyed like the feature, citing data relevance, up-to-date information and convenience in use.
Digest will first cover some of the most widely traded stocks in Robinhood and plan additional AI-powered tools as part of the company's larger purpose of improving user education and confidence in investment.
