Yahoo Finance is launching AlphaSpace, a fully customizable research dashboard that brings together data, charting, news, analysis and an AI assistant into a single interface, reports Nick Lichtenberg of Fortune.
Lichtenberg writes, “It is available immediately to subscribers of Yahoo Finance’s Gold plan, folded in as an existing benefit at no additional charge. The platform’s AI layer, called Yahoo Scout, is embedded across workflows — summarizing market developments, answering investor questions, and building or modifying research views on command
“The Gold plan costs $479.40 per year or $39.95 per month, whereas a Bloomberg Terminal runs approximately $27,000 a year, but Leimer rejected the comparison. ‘I don’t necessarily think about it in the context of those things,’ he said. ‘I think those guys are solving different problems for different audiences in a lot of cases.’
“‘For the first time,’ Leimer said, ‘everything that makes Yahoo Finance the #1 finance destination is together in a single, customizable surface: data, news, video, and research. It’s the best of Yahoo Finance, built for our most active users. Anything that deepens our relationship with our users, and helps them improve their financial futures, is great for Yahoo.'”
Read more here.
