What's Happening?
AI startup Perplexity has enhanced its Finance dashboard by adding live transcriptions of quarterly earnings calls for Indian public companies. This update includes a calendar feature that displays schedules for post-results conference calls. Previously, the dashboard only provided transcripts for U.S. stocks. The Finance dashboard offers market summaries, stock exchange charts, and top-performing stocks, allowing users to create stock watchlists, track sector performance, and monitor cryptocurrency trends. The addition of Indian stock earnings call transcripts aims to provide more value to research in Indian equity markets.
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Why It's Important?
The expansion of Perplexity's Finance dashboard to include Indian stocks reflects the growing interest in global market integration and the importance of real-time data accessibility. By offering live earnings call transcripts, Perplexity enhances transparency and aids investors in making informed decisions. This development could attract more users interested in Indian equities, potentially increasing Perplexity's user base and influence in the financial technology sector. The move also highlights the increasing demand for comprehensive financial tools that cater to diverse markets, emphasizing the role of AI in facilitating global financial research.