Warrington in the News Articles: page 18

Assistant Professor Alejandro Lopez-Lira and Emerson-Merrill Lynch Associate Professor Yuehua Tang find that large language models may be useful when forecasting stock prices. They used ChatGPT to parse news headlines for whether they’re good or bad for a stock, and found that ChatGPT’s ability to predict the direction of the next day’s returns were much better than random.

Since 2019, the number of billion-dollar, venture-backed companies in the world has grown from 223 to 704 with a combined value of $2.3 trillion. Becoming a unicorn has been the ideal for many tech startups: it feeds the ego, leads to more publicity, breeds confidence and ultimately works to attract top-notch talent and customers. Yet new research and a look at historical IPOs suggest that many of those companies may not be worth as much as they say. Research insights from Cordell Eminent Scholar Jay Ritter and Ph.D. student Minmo Gahng inform this story.

Huber Hurst Professor of Business Law Robert Emerson shares his franchising insights as part of a panel discussion on The Law and Economics of Franchising at the Franchise Times Legal Eagles Virtual Summit on April 12. The free virtual summit begins at 10 am CDT.

Jack Kramer Term Associate Professor Michael Mayberry and Assistant Professor Scott Rane are co-authors of a new paper that finds that the risk-incentivizing component of option compensation is positively associated with conforming tax avoidance, while value-creation component of option compensation is negatively associated with conforming tax avoidance.

Cordell Eminent Scholar Jay Ritter shares insights on the US equity capital markets having the slowest start to a year since 2009, and dealmakers fear a rebound is nowhere near.

Forget the stereotype of a goodbye party in the break room followed by endless days on the golf course. Today, workers are staying on the job longer and taking on more “bridge employment,” or post-retirement jobs. Lanzillotti-McKethan Eminent Scholar Mo Wang talks about what these shifts mean for modern retirement, how retirement can affect people’s mental and physical health, and what workers—even those who still have many years left in the workforce—can do now to help set themselves up for a happy retirement in the future.

A new paper co-authored by UF’s Alejandro Lopez-Lira and Wharton’s Nikolai Roussanov uses machine learning to construct investment portfolios that ensure predictability of returns in a world of changing risks.

TechCrunch spoke with Cordell Eminent Scholar Jay Ritter about why stakeholders aren’t likely to push too hard against super-voting shares, despite that now would seem the time to do it.

Banking regulators, which announced the deal late Sunday, had been looking for a buyer since seizing control of the failed bank. The deal for the bank, renamed Silicon Valley Bridge Bank after the F.D.I.C. seized it, included the purchase of about $72 billion in loans, at a discount of $16.5 billion. The discount applied to the loans could help set a benchmark for other banks seeking investment, said Mark Flannery, Bank of America Eminent Scholar.