Book Image

The Future of Finance with ChatGPT and Power BI

By : James Bryant, Aloke Mukherjee
2.5 (4)
Book Image

The Future of Finance with ChatGPT and Power BI

2.5 (4)
By: James Bryant, Aloke Mukherjee

Overview of this book

In today's rapidly evolving economic landscape, the combination of finance, analytics, and artificial intelligence (AI) heralds a new era of decision-making. Finance and data analytics along with AI can no longer be seen as separate disciplines and professionals have to be comfortable in both in order to be successful. This book combines finance concepts, visualizations through Power BI and the application of AI and ChatGPT to provide a more holistic perspective. After a brief introduction to finance and Power BI, you will begin with Tesla's data-driven financial tactics before moving to John Deere's AgTech strides, all through the lens of AI. Salesforce's adaptation to the AI revolution offers profound insights, while Moderna's navigation through the biotech frontier during the pandemic showcases the agility of AI-focused companies. Learn from Silicon Valley Bank's demise, and prepare for CrowdStrike's defensive maneuvers against cyber threats. With each chapter, you'll gain mastery over new investing ideas, Power BI tools, and integrate ChatGPT into your workflows. This book is an indispensable ally for anyone looking to thrive in the financial sector. By the end of this book, you'll be able to transform your approach to investing and trading by blending AI-driven analysis, data visualization, and real-world applications.
Table of Contents (13 chapters)
Free Chapter
1
Part 1: From Financial Fundamentals to Frontier Tech: Navigating the New Paradigms of Data, EVs, and AgTech
6
Part 2: Pioneers and Protectors: AI Transformations in Software, Finance, Biotech, and Cybersecurity

Visualization techniques in Power BI

As we noted earlier, Power BI offers a wide range of visualization techniques to help users effectively communicate insights from their data. These include standard charts such as bar charts, line charts, and scatterplots, as well as more advanced visuals such as heat maps, tree maps, and gauges. Power BI also allows for custom visualizations to be created using JavaScript or R. In addition to these visuals, Power BI provides options for interactivity, such as drill-down and filtering, to enable users to explore their data and gain deeper insights. Overall, Power BI’s visualization capabilities allow for clear and impactful communication of data-driven insights.

Selecting appropriate visualizations for financial data

Selecting appropriate visualizations is an important aspect of creating effective financial dashboards and reports in Power BI. Here are five considerations to keep in mind when choosing visualizations for financial data...