Abstract: This study investigates the potential of large language models (LLMs) to replicate traditional extractive summarization algorithms such as TextRank, TF-IDF, LSA, Luhn’s method, and SumBasic.

Lucid Group said it secured $750 million in fresh funding commitments from Saudi Arabia’s sovereign-wealth fund and Uber UBER-2.35%decrease; red down pointing triangle Technologies, as the ...

JPMorgan Chase's fixed income trading revenue climbed 21% during the first quarter on rising activity in commodities, credit, currencies and emerging markets. The bank beat Wall Street expectations ...

The Texas attorney general is investigating Lululemon Athletica LULU-3.10%decrease; red down pointing triangle for allegedly using so-called forever chemicals in its workout gear. But the ...

Abstract: The explosion of algorithmic trading has been one of the most prominent recent trends in the finance industry. Regularized estimating functions including Kalman filtering (KF) allow dynamic ...

Major U.S. banks are on track to post more than $40 billion in trading revenue for the first quarter, as heightened geopolitical tensions helped drive sharp movements across financial markets, the ...

JPMorgan Securities (JPMS), the banking giant’s brokerage unit, is getting hit with a multimillion-dollar fine over allegations that it turned a blind eye to an ex-broker’s high-risk trading approach.

The directive came amid a surge of suspiciously well-timed trades on oil and prediction markets just ahead of crucial moments in the conflict. By Chris Cameron Reporting from Washington The White ...

The White House sent an internal staff-wide email that warned employees against using confidential information to place trades on financial markets and fast-growing event betting platforms. The ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. The White House has come under fire over the latest development in the ...

New research from UBC Okanagan mathematically demonstrates that the universe cannot be simulated. Using Gödel’s incompleteness theorem, scientists found that reality requires “non-algorithmic ...

Issam Hijazi launched UpScrolled after users alleged censorship on other platforms. Nine months later, its user base is soaring—while Hijazi tries to catch up with his own success. UpScrolled founder ...