More Americans utilizing apps to repeat trades of high-profile buyers

As the inventory market strikes in unpredictable instructions, extra Americans are turning to apps that robotically copy the trades of high-profile buyers reasonably than making their very own funding selections. CBS News shopper reporter Evyn Moon explains the professionals and potential cons of the rising "copycat investing" development.

CBS News 24/7 is the premier anchored streaming information service from CBS News and Stations that’s accessible free to everybody with entry to the web and is the vacation spot for breaking information, dwell occasions, authentic reporting and storytelling, and packages from CBS News and Stations’ high anchors and correspondents working domestically, nationally and across the globe. It is out there on greater than 30 platforms throughout cellular, desktop and related TVs free of charge, in addition to CBSNews.com and Paramount+ and dwell in 91 nations.

Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews
Watch CBS News: https://cbsnews.com/live/
Download the CBS News app: https://cbsnews.com/mobile/
Follow CBS News on Instagram: https://instagram.com/cbsnews/
Like CBS News on Facebook: https://facebook.com/cbsnews
Follow CBS News on Twitter: https://twitter.com/cbsnews
Subscribe to our newsletters: https://cbsnews.com/newsletters/
Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h

For video licensing inquiries, contact: [email protected]