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Contextualizing Emerging Trends in Financial News Articles

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  • Nhu Khoa Nguyen
  • Thierry Delahaut
  • Emanuela Boros
  • Antoine Doucet
  • Gael Lejeune

Abstract

Identifying and exploring emerging trends in the news is becoming more essential than ever with many changes occurring worldwide due to the global health crises. However, most of the recent research has focused mainly on detecting trends in social media, thus, benefiting from social features (e.g. likes and retweets on Twitter) which helped the task as they can be used to measure the engagement and diffusion rate of content. Yet, formal text data, unlike short social media posts, comes with a longer, less restricted writing format, and thus, more challenging. In this paper, we focus our study on emerging trends detection in financial news articles about Microsoft, collected before and during the start of the COVID-19 pandemic (July 2019 to July 2020). We make the dataset accessible and propose a strong baseline (Contextual Leap2Trend) for exploring the dynamics of similarities between pairs of keywords based on topic modelling and term frequency. Finally, we evaluate against a gold standard (Google Trends) and present noteworthy real-world scenarios regarding the influence of the pandemic on Microsoft.

Suggested Citation

  • Nhu Khoa Nguyen & Thierry Delahaut & Emanuela Boros & Antoine Doucet & Gael Lejeune, 2023. "Contextualizing Emerging Trends in Financial News Articles," Papers 2301.11318, arXiv.org.
  • Handle: RePEc:arx:papers:2301.11318
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    References listed on IDEAS

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    1. Xu, Shuo & Hao, Liyuan & An, Xin & Yang, Guancan & Wang, Feifei, 2019. "Emerging research topics detection with multiple machine learning models," Journal of Informetrics, Elsevier, vol. 13(4).
    2. Israel Griol-Barres & Sergio Milla & Antonio Cebrián & Huaan Fan & Jose Millet, 2020. "Detecting Weak Signals of the Future: A System Implementation Based on Text Mining and Natural Language Processing," Sustainability, MDPI, vol. 12(19), pages 1-22, September.
    3. Won Sang Lee & So Young Sohn, 2017. "Identifying Emerging Trends of Financial Business Method Patents," Sustainability, MDPI, vol. 9(9), pages 1-21, September.
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