A 'Trump And Dump' Stock-Bot Is Cashing In On POTUS' Tweets (For Animals)

Forbes - Tech 

U.S. stocks fell as losses in energy and industrial shares offset gains in defensive industries, as investors weighed a tweet from President Donald Trump mentioning a "very major" border tax. In the fine tradition of turning lemons into lemonade or dead horses* into dog chow, an Austin firm has found a way to grind something positive from the commander in chief's more negative words for business. When President Donald Trump blasts businesses on Twitter, millions may pay attention, but the "Trump and Dump Bot" can turn a profit in under a second. Built by Texas ad agency T3, the piece of AI assesses the president's tweets for market impact from the moment they hit the web, and performs quick stock maneuvers based on those comments before they've even sunk in. As T3 presient Ben Gaddis explained for NPR, the process relies on a "sentiment analysis" that the algorithm performs with each of President Trump's statements online. If the bot detects that Trump has tweeted about a publicly traded company, it then hunts within for telling terms like "big problems" and "caused by" and calculates a sentiment rating based on its findings.

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