trump & dump
'Trump & Dump' AI bot trades stock fast if Donald tweet rant targets listed firm
NEW YORK – Techies have devised a program to execute quickfire stock trades to take advantage of President Donald Trump's Twitter habit of blackballing individual companies. And the president's tweets are saving puppies, since when the program earns money, the funds are donated to an animal welfare group. The "Trump & Dump" artificial intelligence program identifies Trump's market-moving tweets, assesses instantaneously whether the sentiment is positive or negative and then executes a speedy trade. Ben Gaddis, president of Austin, Texas, marketing and technology company T3, said the idea was sparked by watching Trump's actions during his transition, when Twitter attacks of companies such as Boeing and Lockheed Martin sent the share prices tumbling. "Everyone is asking themselves how to deal with the unpredictability of Trump's tweets," Gaddis told AFP.