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I Asked AI To Make Me As Much Money As Possible: Here's What Happened, According to Codie Sanchez
Codie Sanchez posed a simple question in a recent YouTube video — can AI start with nothing and build a $1,000 business in one day? The answer may surprise you — and reveal a lot about making money. Discover More: For You: As AI continues to evolve and become more accessible, the possibilities for its application are growing. So, let's see if starting a business is one of them. The Experiment: Starting a Business with AI To see how much money AI could make her in one day, Sanchez conducted an experiment with an AI she dubbed 'ChadGPT.' The business model was simple — reselling items from Facebook Marketplace with as little human interaction as possible. Her plan was to use AI to find free items to sell, have it coordinate pick-up and then resell them for a profit. The first step was a success. ChadGPT was able to search Facebook Marketplace for potential listings, estimate their resale value and organize the information in a spreadsheet — all in a matter of minutes. The next step was where things got a little trickier. AI was able to message sellers to pick up the items it found for potential resale. However, after only a short time, Facebook flagged the account for suspicious activity and restricted it from sending any more messages. At that point, a little human interaction was needed to acquire the items. Trending Now: Sanchez ended up acquiring nine items from the list AI created but still needed to arrange transportation for them to her office. ChadGPT was back at it, even going so far as to trick the CAPTCHA into thinking it was a human. After experiencing another bump in the road with Uber, AI was able to schedule pick-up and drop-off through another service all on its own. With all nine items sitting in front of her office, it was time to make a profit. ChadGPT created the listings for the items, and then it was up to her to message and negotiate with potential buyers. With the help of AI, she sold three items in one day for a total of $145. Experiment Conclusions So, was AI able to start a business from scratch in one day? Yes. Did it make Sanchez $1,000? No, but with a bit more time, it's definitely a possibility. Process for Starting a Business with AI Reselling free items isn't the only business you can use AI to start, there are numerous money-making opportunities available. Regardless of the business, Sanchez has a simple process you can follow to make real money with the help of AI. Leverage AI where it's effective. Automate anything AI can't do, whether with another program or lower-level employees. Grow your operation to make more money. Final Thoughts So, even though the experiment wasn't a total success, Sanchez's achievement with the help of AI was still impressive. Tasks that would have taken her hours took ChadGPT only minutes. The key takeaway was that AI fundamentally changed the process of starting a business. More From GOBankingRates 6 Popular SUVs That Aren't Worth the Cost -- and 6 Affordable Alternatives This article originally appeared on I Asked AI To Make Me As Much Money As Possible: Here's What Happened, According to Codie Sanchez Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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3 Software Stocks to Buy Now If You're Worried About Tariffs
April's 'Liberation Day' tariff scare wiped out trillions from the market, and some investors fear that a recent reescalation in tariff talks could trigger similar fallout. President Donald Trump recently extended the initial tariff pause to Aug. 1, however, the tariff announcements are already flowing. Investors are closely watching U.S.-China trade talks and Russia and its BRICS peers. New tariffs on copper recently, for instance, set the market in motion. More News from Barchart Is Palantir Stock a Buy Above $150? Warren Buffett's Berkshire Hathaway Earns $93,150 Every Hour from Coca-Cola Dividends Alone These Are the Highest Yielding Dividend Aristocrats Today (Entire List) Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! No matter how things shake out, one of the hottest corners of the market is mostly free from tariffs. According to Morgan Stanley analysts, tariffs 'don't matter' for software stocks. Here are three especially poised to win in the months ahead. Software Stock #1: Okta (OKTA) Okta (OKTA) is a software company specializing in identity and access management, helping corporate clients with secure user authentication. Momentum in this niche is unlikely to slow due to tariffs. Q1 revenue rose 12% year-over-year to $688 million, and subscription revenue hit $673 million. Free cash flow also jumped to $238 million, a 35% margin that dwarfs most hardware-oriented tech peers. Okta closed the quarter with $2.725 billion in cash and short-term investments and only modest debt. Management believes adjusted operating income will grow to between $710 million to $720 million this fiscal year. Things look very healthy here. The company turned profitable around a year ago and has successfully trimmed debt and increased cash while increasing both margins and revenue. OKTA stock is also down 30% from its three-year peak, so there's good upside ahead if management can maintain this trajectory. The mean price target of $123.92 implies 30% upside. Software Stock #2: Autodesk (ADSK) Autodesk (ADSK) is a company that provides a broad range of software products for engineering and design. Its design software is viewed as essential infrastructure, and canceling a software license that costs a few thousand dollars does nothing to dodge a tariff, so corporate clients keep renewing. Plus, Autodesk derives most of its revenue from the U.S. The company closed fiscal 2025 with record-high revenue of $6.13 billion, up 12%. That was followed up by 15% year-over-year growth in Q1 of its fiscal 2026. One other catalyst to watch? Autodesk stands to benefit from the onshoring trend, which could see its revenue growth accelerate. The mean analyst price target here is $339.58, implying 16% upside potential. That price target is likely to go up as analysts re-rate shares on renewed artificial intelligence optimism. For instance, Berenberg upgraded it in late June to a $365 price target, followed by DA Davidson upgrading from a 'Neutral' rating to a 'Buy,' with a $375 price target. Software Stock #3: CrowdStrike (CRWD) CrowdStrike (CRWD) stock is up 370% in the past five years, and the solid performance looks set to continue. Its cloud-native, subscription-heavy model makes it one of the cleanest ways to sidestep trade friction while still carving out double-digit growth. Roughly 95.5% of its $1.1 billion in fiscal Q1 revenue was derived from subscription dollars, and the marginal cost of adding one more customer is close to zero. Management guided Q2 to $1.145 billion to $1.152 billion and lifted the full-year outlook to $4.74 billion to $4.81 billion, or around 19% to 20% growth year-over-year. A broad tech sector decline would stunt margin gains, but CrowdStrike is still well-positioned to keep performing in the long run. The mean price target is $483.86, with price targets going up to $575. On the date of publication, Omor Ibne Ehsan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
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Wall Street's plans for stablecoin, from Goldman to JPMorgan
The GENIUS Act, aimed at regulating digital currency, could allow banks to issue stablecoins. Bank CEOs discussed launching stablecoin products during second-quarter earnings calls this week. Here's what Wall Street leaders like Jamie Dimon and Jane Fraser said about their firms' strategies. Stablecoin is officially entering the chat. Literally. A few years ago, cryptocurrency was a left-field niche that much of white-collar Wall Street avoided like the plague. Now, banks are racing to catch up. During second-quarter earnings calls, executives at five of the six largest US banks said they've either launched stablecoin products or have plans to do so. It's on the mind of investors and leaders alike because Congress just passed the GENIUS Act, the first federal law regulating digital currency. If signed by President Trump, it could open the door for traditional banks to issue stablecoin, which is a dollar-linked digital token that can be used to transfer money and make payments. The fact that leaders like Jamie Dimon and Jane Fraser are talking about it with analysts signals regulators that big banks are ready to embrace the tech — and reassures investors that CEOs are paying attention to potential cash-cow innovations. Some might say banks have little choice. Stablecoins enable people to transfer money without a bank or a money transfer — threatening a core bank function. As Dimon said on JPMorgan's earnings call: "I don't know why you'd want a stablecoin as opposed to just payment." BI compiled remarks on stablecoin from the earnings calls of Goldman Sachs, Morgan Stanley, JPMorgan, Bank of America, and Citi this week, including their respective plans around it. From simply "monitoring" the situation to touting the proprietary stablecoin their firm already launched, the responses varied. Jamie Dimon, JPMorgan Dimon signaled JPMorgan wants to be involved, but also expressed slight skepticism. The bank launched last month what they call "JPMD," a type of deposit token. "So, deposit token is effectively the same thing. You're moving money by token, you can pay interest. It's JPMorgan Deposit," he said. He quickly added that the bank will do both. "We're going to be involved in both JPMorgan Deposit coin and stablecoins to understand it, to be good at it." "These guys are very smart," he said, referring to the fintech creators. "They're trying to figure out a way to create bank accounts and get into payment systems and rewards programs. And we have to be cognizant of that. The way to be cognizant is to be involved." Jane Fraser, Citigroup Citi's Jane Fraser seemed the most enthusiastic and touted that they're already live with "Citi Token Services" in four indicated the bank's intention to be a leader in cross-border, real-time payments. "As a leading global bank in this space, we are laser-focused on innovations, which enable clients to access real-time 24/7 payments, clearing and settlement across borders and across currencies," she said. "We are looking at the issuance of a Citi stablecoin. But probably most importantly is the tokenized deposit space, where we're very active," she said, adding, "This is a good opportunity for us." David Solomon, Goldman Sachs CEO David Solomon said that Goldman has deployed employees to think through how they'll implement stablecoin, but didn't have an answer on what the company's product might look like. "We've got a very significant group of people at the firm that are really deeply focused on watching the evolution of this," he said, adding that the firm sees opportunities around funding and the easing of financial transactions. "It's early to say specifically where we're going to invest and exactly how this will play out, but we'll continue to keep you posted," he said, adding that there's "a heightened level of focus here inside the firm." Brian Moynihan, Bank of America Brian Moyihan, BofA's CEO, was more cautious in tone. He said the bank is preparing for stablecoin demand but awaiting clear legal guidance before moving further. "We're still trying to figure out how big or small it is," he said, adding "We're not seeing clients knocking on our door and saying, 'Please give me this right now.'" He said the bank has "partnerships" with stablecoin firms. "It will be a complex array — and hopefully not complex to the customer, frankly." Sharon Yeshaya, Morgan Stanley Morgan Stanley's CFO, Sharon Yeshaya, said the bank is evaluating the stablecoin space and that there is no active deployment or public-facing product yet. Their approach is cautious and observational right now. "We're actively discussing it. We're looking both at the landscape and the uses and the potential uses for our own client base," the CFO Sharon Yeshay said in the call. "But it really is a little early to tell, especially for the businesses that we run versus businesses that you might see from competitors on how stablecoin would necessarily play in." Read the original article on Business Insider
