Landmark Paper on Stock Price Forecasting with ChatGPT Published in JFE

JeremyNguyenPhD · x · 2026-08-08

The landmark paper exploring whether ChatGPT can forecast stock price movements has finally been published in the Journal of Financial Economics after a lengthy peer review process.

Authored by Alejandro Lopez-Lira and Yuehua Tang, the research investigates the return predictability of large language models, featuring empirical results for both GPT-4 and GPT-3.5.

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