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London-based fintech firm Trading.co.uk is launching an app that will generate trading alerts for shares based on Donald Trump social media comments. Watching the U.S. President-elect's personal Twitter feed has become a regular pastime for the fund managers and traders.
Trump knocked several billion off the value of pharmaceutical stocks a week ago by saying they were "getting away with murder" with their prices. Comments earlier this week on China moved the dollar and a pair of December tweets sent the share prices of Lockheed Martin (LMT.N) and Boeing (BA.N) spiraling lower.
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Tech Firm Creates Trump Monitor for Stock Markets
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(Score: 2) by arslan on Sunday January 22 2017, @10:24PM
It is a tech story because as per TFA, 1) it is an app!, 2) it uses social media stream processing via an AI to filter out noise (so they claim)...
TFA didn't say whether it is an app for their customers or just a general purpose app that just shows a message that Trump said things (good vs bad) about this company and hence its shares will leap/sink...
(Score: 0) by Anonymous Coward on Sunday January 22 2017, @10:29PM
Welcome to the future, real life but "on a computer!" TM patent sue your face off
(Score: 2) by GreatAuntAnesthesia on Monday January 23 2017, @11:08AM
> 2) it uses social media stream processing via an AI to filter out noise (so they claim)...
Filtering the noise out of Trump's twitter feed doesn't require an AI. Just unsubscribe.
(Score: 2) by takyon on Monday January 23 2017, @05:19PM
You'll have to unsubscribe from most of the news media and maybe this site too, because Trump's tweets are insta-news.
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