On Thursday, Google unveiled a dedicated mobile application for Google Finance that consolidates users’ watchlists and delivers real-time market information, live financial updates, and Google’s AI-driven “Key Moments” feature, which elucidates stock price movements.

Initially, the app is being released on Android, with Google promising an iOS version will follow in the upcoming months. Additional functionalities, such as the capability to listen to live earnings calls, are also on the horizon.

The introduction of a standalone finance app by Google is likely more focused on positioning itself in the densely populated financial information app market rather than simply providing investors with another avenue to monitor stock prices.

This initiative puts Google in direct rivalry with consumer finance services like Yahoo Finance and trading platforms such as Robinhood.

Additionally, Google announced that its AI-enhanced Google Finance web experience, which was revealed last year, is exiting beta with new offerings.

Google is also implementing portfolios worldwide within the revamped Google Finance web experience, enabling users to monitor their investments through a centralized dashboard that tracks assets and their performance. Existing portfolios in Google Finance will be automatically accessible, and users can establish new portfolios by uploading documents or detailing their investments to the chatbot.

After the portfolios are arranged, users can utilize Google Finance’s AI research feature to inquire, like “which sectors are lacking in my portfolio right now?”

Google has implemented an AI function that enables users to establish tasks using natural-language requests, such as timely updates analyzing market fluctuations, or summaries regarding the performance of their assets. Users can instruct the AI assistant to utilize their watchlist or portfolio for insights tailored to their investments, and once a task is initiated, Google Finance will manage it in the background.

According to Google, these new portfolio and task functionalities are available on the web beginning today, with plans to integrate them into the Google Finance app in the forthcoming months.