TheChek News Flow

Anthony Pompliano, crypto entrepreneur, is launching a business focused on AI-generated research notes

Champions of artificial intelligence say the technology is poised to take over some of the most traditional titles in finance: stockbroker, portfolio manager, financial adviser. Now, it is coming for the Wall Street research teams cranking out daily stock reports.

So says crypto influencer and entrepreneur Anthony Pompliano, whose company ProCap Financial is launching a new business focused on AI-generated research reports for individual investors.

The plan is to have a fleet of AI agents scanning the markets, analyzing trends and drafting reports with titles like “3 Stocks That Win From Both Tariff Refunds and the Iran Oil Shock,” according to an example shared with The Wall Street Journal. The agents could also generate a report comparing the performance of buyback and dividend stocks, according to the company, or react within minutes to a White House press conference.

“We think AI agents are very good at finding undiscovered, well-written research faster and cheaper than humans,” Pompliano said. “My guess is that the entire industry is moving this way.”

The agents are capable of generating hundreds of reports a day, Pompliano added—but the company will start by circulating just a few daily to avoid flooding investors’ inboxes.

Reports distributed by the service, called ProCap Insights, will cover single-name stocks, thematic trends and macro analyses and won’t offer any specific “buy” or “sell” recommendations, according to the company. A ProCap Insights annual subscription will cost investors $2,500 a year.

Pompliano, who is ProCap Financial’s chief executive, said that AI-generated research notes are quicker and cheaper to produce than those assembled by a team of analysts at, say, a major investment bank. His company built ProCap Insights over the course of two weeks, he added. He said it cost only a couple thousand dollars and there was just one employee overseeing the project.

Replacing armies of professional analysts who spend years studying specific companies, industries or asset classes is a tall order.

For decades, a vast network of researchers have circulated their stock recommendations and issued forecasts on economic growth and corporate earnings. They have occasionally coined monikers that influence the perception of major moments on Wall Street—you can thank researchers for terms like “bond vigilantes” or the “Magnificent Seven” tech stocks.

Research teams also connect two sides of an investment bank’s business: the companies that serve as clients and the traders who buy and sell those firms’ stocks and bonds.

They don’t always have perfect track records. For example, several stock analysts issued a “buy” rating on shares of energy company Enron right up until the company’s collapse in 2001. But it remains to be seen whether AI tools can reliably beat the projections of grizzled pros on Wall Street.

As the technology advances, Pompliano said that a broader disruption of the financial services industry isn’t too far off.

ProCap Financial recently acquired CFO Silvia, an artificial-intelligence company focused on finance. The AI tool is pitched as a chief financial officer for individual investors, syncing with their bank and brokerage accounts to monitor portfolios and weigh in. ProCap Insights will use anonymized data from Silvia to inform some of its reports, the company said.

The supersonic tsunami of AI is coming to finance,” said Pompliano, referencing a phrase used by Elon Musk to describe the impact of the new technology. “We want to be the one to pioneer it.”