Foxstone Financial | Insights

Investment Technology & Memorial Day Weekend Travel

Written by Foxstone Financial | May 29, 2024

Have you ever met anyone who enjoys spending time stuck in bumper-to-bumper traffic? Well, neither have we, which is why today’s modern technologies are so useful when planning our holiday road trips.

According to AAA, a record-breaking number of travelers hit the road this Memorial Day weekend. In fact, a record high of 38.4 million people were expected to travel by car over Memorial Day weekend in 2024.

According to the transportation and analytics company, INRIX, drivers heading out the door on May 23 or May 24 should have left before 11 a.m. or wait until the evening to avoid the worst traffic. When you were driving home from vacation on May 26 or May 27, the worst time to be on the road is from 3 p.m. to 7 p.m., INRIX said.

According to their website, INRIX Ai Traffic uses technology that is powered by generative Ai which gives them the ability to predict real-time traffic conditions faster and more precisely. Their AI Traffic technology takes advantage of advances in artificial intelligence, cloud processing pipelines, and cluster computing frameworks to deliver the most accurate real-time traffic solution yet and has analyzed over 14 years of data allowing them to predict real-time traffic speeds on every road.

If these technologies can help us better navigate holiday traffic, why can’t they help us navigate the financial markets? The answer is, they can.

Artificial intelligence believes that measuring real-time data and using technology to make informed investment decisions with the most current market conditions can create more effective outcomes. At Foxstone Financial, we utilize one of the leading platforms available for today’s RIAs. With the latest Artificial Intelligence and Machine Learning technologies, our commitment to innovation and forward-thinking is something that will always be a priority.

If you found yourself stuck in traffic this holiday weekend, take a minute to schedule a demo with us where we’ll show you the power Ai can have on your investment models.