Google on Thursday launched a dedicated mobile app for Google Finance that houses users’ watchlists and provides real-time market data, live financial news, and Google’s AI-powered “Key Moments” feature, which explains why stocks are moving.
The app is launching on Android first, and Google says it will launch an iOS version in the coming months. More features, such as the ability to listen to live earnings calls, are also coming.
Google launching a stand-alone finance app is likely less about giving investors another place to check stock prices and more about Google trying to stake a claim in the increasingly crowded financial information app market.
The move puts Google in direct competition with consumer finance platforms like Yahoo Finance and trading apps like Robinhood.
The tech giant also said its new AI-powered Google Finance web experience, unveiled last year, is coming out of beta with new features.
Google is also rolling out portfolios globally within the new Google Finance web experience, allowing users to view their investments in a single dashboard that tracks holdings and their performance. Users’ existing Google Finance portfolios will automatically be visible, and they can create new portfolios by uploading files or describing their investments to the chatbot.
Once these portfolios are set up, users can use Google Finance’s AI research tool to ask questions, like “what sectors are currently underrepresented in my portfolio?”
Google has added an AI feature that lets users set up tasks using natural-language prompts, such as timely briefings analyzing market changes, or summaries of their holdings performance. Users can ask the AI assistant to use their watchlist or portfolio to get insights tailored to their own investments, and once a task is set up, Google Finance will work in the background.
Google says these new portfolio and task features are available on the web starting today, and that they will be added to the Google Finance app in the coming months.
