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The Effect of Chat GPT Summaries on Stock Market Returns
Our primary test is about whether the summaries provided by chat GPT can better explain the stock market movements. And we saw especially for these written disclosures like a striking difference in their ability to explain contemporaneous stock market returns. This suggests that there seems to be information or the key information is still contained in the summaries and probably aggregated in a very concise manner because it's capable of explaining these returns.