Exploring robo-news in financial markets: An AI approach

Principal Investigator: Mohamed Al Guindy, Finance
Project Title: Exploring Robo-news in Financial Markets: An AI Approach
Funder: SSHRC Insight Development

Leading financial media sources are beginning to rely on robots to write financial news. In some cases, readers are not necessarily aware whether news is written by robots or by humans. This initial study will take place in the context of social media and will utilize a dataset of 350+ million financial tweets about thousands of North American firms. The goal of this project is to use Artificial Intelligence (AI) to identify robo-­generated news and to examine the impact of robo­-news on financial markets. In making investment decisions, Portfolio Managers, Investment Advisors and the broader investing community rely on public news sources. A deeper understanding of the impact of robo-news will help those parties better assess their sources of information and ultimately devise better investment strategies.