Qraft Technologies develops a new economic index with Maeil Business

In partnership with Korea’s Maeil Business Newspaper, Qraft Technologies has created the ‘AI Boom&Shock Index’ that will seek to predict the market environment for up to a week. Launched in early May, the index has already been the subject of much media coverage, with public interest from CEOs of Korea’s major financial institutions. Powered by Qraft's AI and covering the S&P 500, the index recommends whether investors should increase or decrease their portfolio's cash allocations or remain neutral. While a few other indices exist, Qraft's index is the first to utilize AI technology.