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Investors make investment decisions depending on several factors such as fundamental analysis, technical analysis, and quantitative analysis. Another factor on which investors can make investment decisions is through sentiment analysis of…

Computation and Language · Computer Science 2021-09-22 Saurabh Kamal , Sahil Sharma

Financial forecasting plays an important role in making informed decisions for financial stakeholders, specifically in the stock exchange market. In a traditional setting, investors commonly rely on the equity research department for…

Statistical Finance · Quantitative Finance 2024-07-23 Sahar Arshad , Seemab Latif , Ahmad Salman , Rabia Latif

Financial markets change rapidly due to news, economic shifts, and geopolitical events. Quick reactions are vital for investors to avoid losses or capture short-term gains. As a result, concise financial news summaries are critical for…

Computational Engineering, Finance, and Science · Computer Science 2025-12-10 Nicolas Reche , Elvys Linhares-Pontes , Juan-Manuel Torres-Moreno

Large language models (LLMs), as a new generation of recommendation engines, possess powerful summarization and data analysis capabilities, surpassing traditional recommendation systems in both scope and performance. One promising…

Computation and Language · Computer Science 2025-03-13 Yuhan Zhi , Xiaoyu Zhang , Longtian Wang , Shumin Jiang , Shiqing Ma , Xiaohong Guan , Chao Shen

Financial news plays a crucial role in decision-making processes across the financial sector, yet the efficient processing of this information into a structured format remains challenging. This paper presents a novel approach to financial…

Computation and Language · Computer Science 2024-07-23 Rian Dolphin , Joe Dursun , Jonathan Chow , Jarrett Blankenship , Katie Adams , Quinton Pike

Sales dialogues require multi-turn, goal-directed persuasion under asymmetric incentives, which makes them a challenging setting for large language models (LLMs). Yet existing dialogue benchmarks rarely measure deal progression and…

Computation and Language · Computer Science 2026-04-10 Xuanbo Su , Wenhao Hu , Haibo Su , Yunzhang Chen , Le Zhan , Yanqi Yang , Leo Huang

Financial sentiment analysis is crucial for understanding the influence of news on stock prices. Recently, large language models (LLMs) have been widely adopted for this purpose due to their advanced text analysis capabilities. However,…

Computation and Language · Computer Science 2025-06-24 Yixuan Liang , Yuncong Liu , Neng Wang , Hongyang Yang , Boyu Zhang , Christina Dan Wang

Predicting future events is an important activity with applications across multiple fields and domains. For example, the capacity to foresee stock market trends, natural disasters, business developments, or political events can facilitate…

Computation and Language · Computer Science 2025-01-13 Petraq Nako , Adam Jatowt

This paper presents a realistic simulated stock market where large language models (LLMs) act as heterogeneous competing trading agents. The open-source framework incorporates a persistent order book with market and limit orders, partial…

Computational Finance · Quantitative Finance 2025-04-16 Alejandro Lopez-Lira

This paper presents a novel study on harnessing Large Language Models' (LLMs) outstanding knowledge and reasoning abilities for explainable financial time series forecasting. The application of machine learning models to financial time…

Machine Learning · Computer Science 2023-06-21 Xinli Yu , Zheng Chen , Yuan Ling , Shujing Dong , Zongyi Liu , Yanbin Lu

Personalizing the outputs of large language models (LLMs) to align with individual user preferences is an active research area. However, previous studies have mainly focused on classification or ranking tasks and have not considered…

Computation and Language · Computer Science 2025-10-02 Koki Ryu , Hitomi Yanaka

Large Language Models (LLMs) have recently been leveraged for asset pricing tasks and stock trading applications, enabling AI agents to generate investment decisions from unstructured financial data. However, most evaluations of LLM…

Trading and Market Microstructure · Quantitative Finance 2026-05-26 Weixian Waylon Li , Hyeonjun Kim , Mihai Cucuringu , Tiejun Ma

The use of large language models either as decision support systems, or in agentic workflows, is rapidly transforming the digital ecosystem. However, the understanding of LLM decision-making under uncertainty remains limited. We study LLM…

Artificial Intelligence · Computer Science 2026-04-22 Luise Ge , Yongyan Zhang , Yevgeniy Vorobeychik

Deep learning offers new tools for portfolio optimization. We present an end-to-end framework that directly learns portfolio weights by combining Long Short-Term Memory (LSTM) networks to model temporal patterns, Graph Attention Networks…

Portfolio Management · Quantitative Finance 2026-05-27 Yun Lin , Jiawei Lou , Jinghe Zhang

Predictive analysis is a cornerstone of modern decision-making, with applications in various domains. Large Language Models (LLMs) have emerged as powerful tools in enabling nuanced, knowledge-intensive conversations, thus aiding in complex…

Computation and Language · Computer Science 2025-05-26 Qin Chen , Yuanyi Ren , Xiaojun Ma , Yuyang Shi

The spread of media bias is a significant concern as political discourse shapes beliefs and opinions. Addressing this challenge computationally requires improved methods for interpreting news. While large language models (LLMs) can scale…

Human-Computer Interaction · Computer Science 2026-02-24 Qile Wang , Prerana Khatiwada , Avinash Chouhan , Ashrey Mahesh , Joy Mwaria , Duy Duc Tran , Kenneth E. Barner , Matthew Louis Mauriello

People in the real world often possess vague knowledge of future payoffs, for which quantification is not feasible or desirable. We argue that language, with differing ability to convey vague information, plays an important but less-known…

General Economics · Economics 2025-05-27 Kerry Xiao , Amy Zang

In the realm of financial analytics, leveraging unstructured data, such as earnings conference calls (ECCs), to forecast stock volatility is a critical challenge that has attracted both academics and investors. While previous studies have…

Computational Engineering, Finance, and Science · Computer Science 2024-09-02 Yupeng Cao , Zhi Chen , Qingyun Pei , Nathan Jinseok Lee , K. P. Subbalakshmi , Papa Momar Ndiaye

Frozen large language model (LLM) checkpoints extract information from pre-cutoff public text that is associated with future fundamentals and equity returns beyond standard contemporaneous valuation measures. Because each frozen checkpoint…

General Finance · Quantitative Finance 2026-04-24 Sebastian Lehner , Alejandro Lopez-Lira

In this paper, I present the first comprehensive, around-the-clock analysis of systematic jump risk by combining high-frequency market data with contemporaneous news narratives identified as the underlying causes of market jumps. These…

General Finance · Quantitative Finance 2026-04-16 Songrun He