Currently does it for 1000+ US companies and specifically earnings related filings. By US companies, I mean the ones that are obliged to file SEC filings.
This was the result of almost a year long effort and hundreds of prototypes :)
It currently auto-publishes for 1000 ish US companies by market cap, relies on 8-K filing as a trigger.
e.g. https://www.signalbloom.ai/news/NVDA will take you to NVDA earnings
Would be grateful to get some feedback. Especially if you follow a company, check its reports out. Thank you!
Some examples: https://www.signalbloom.ai/news/AAPL/apple-q1-eps-beats-desp...
https://www.signalbloom.ai/news/NVDA/nvidia-revenue-soars-ma...
https://www.signalbloom.ai/news/JPM/jpm-beats-estimates-on-c... (JPM earnings from Friday)
Hallucination note: https://www.signalbloom.ai/hallucination-benchmark
Things I was also contemplating to implement you can freely steal:
1. Giving a list of potential interesting investments - these could also be behind paywall.
2. Summarize based on sectors to see where there's downturns coming - again maybe paywall this
3. Connect with news-sites or twitter etc.. to see what is happening and what is the sentiment. This is a lot harder as you'll need to either scrape or pay to get that info.
Best of luck
The first one is an interesting idea, but offering any real financial advice is regulated, which is a tread carefully territory
Second one is achievable and a good one at that. In fact, there is a lot of canonical data out there that when used carefully can provide a very nuanced picture of the current state of economy.
Third one, currently I have just a twitter account where the earnings reports are auto posted the second they are ready (that is, until I run out of free api limits). Their API cost for at the higher end makes it only viable if I am doing it full time and there was a clear edge by analyzing the data. My gut feeling is, most of the work will go into filtering out low signal posts idk
I would go for it and put a disclaimer, or I would just incorporate in a country where there's no issues with these things.
all this is hard of course to provide good value, but worthwhile.
Twitters' cost is insane right now, I had quite a few ideas for twitter integrations but they would easily cost thousands per month just to access their API.
I looked into https://github.com/d60/twikit - might not be suitable but you can definitely play around with it. Just don't use your official account as I got shadow banned using it unfortunately.
Just two cents based on my usual workflow --
1. I like to compare companies within the same industry, so it would be good if i can ask follow up questions after reading a report like "How does company Y compare with company X on XX metrics?"
2. I understand that the reports are generated by a model; if that is true, maybe you could cross-reference the fillings with their corresponding earnings call transcripts (should be available for free on many investment websites) and highlight what is being discussed/asked in the calls as well
Again, thank you for the great work. Already pinned your site to my browser's investment workspace XD
1. These summaries were terrible. 2. The economics of these summaries was to get into Google News, spam newsfeeds, and use this to drive traffic to your paid product. This business model stopped working when Google News stopped accepting new sources for their Finance feed...because it was full of spam (I worked for a company that tried to start in this area with human writers, didn't work because they couldn't get onto Google).
Simply Wall St was one company that made tens of millions doing this, there were many others...but none were doing anything that is related to what OP is doing.
Every time someone will tell you something can't be done...this very clearly can work, it is not easy but ad revenue for financial services is still completely ludicrous and most services doing this are complete garbage (the news articles above the OP is producing are far from it, I worked in equity research, this is better than most journalism in the space...which is now non-existent...and probably at the level of a junior analyst).
If they were reaching out to not particularly special undergraduates twenty years ago, I'm guessing it goes back at least thirty.
Charts like that show more detail sure, but everyone freaks out in reaction to them. Always zero out your graphs.
Great way to end up with useless graphs where you have a tiny line at the top that's been compressed to the point where you can't see any changes...
The "rule" about ensuring axes are zeroed is for bar charts not line graphs.
For instance, if we're charting someone's body temperature, we would likely fix our y-axis to 80-110.
And yes, all charts would automatically start from 0 as a side effect.
this would be a good toggle but both matter
Form 10-K is usually what you'd need to parse for those, maybe with recent stats taken from the 10-Q.
It'd be really great if one could get a report on a company in an industry they're unfamiliar with, with statistics like profit margin available at a glance, and a good description of how they actually operate, what is important to them, what areas of the business actually bring in the money (this is often surprising!) etc.
[1] E.g., https://s27.q4cdn.com/632832908/files/doc_financials/2024/q4...
The plan is to address all SEC forms anyways so this will be a natural extension
https://boards.industrial-linguistics.com/
It only looks at information about directors on company boards, and unlike your much better project, I don't have any clear idea how to commercialise it.
https://youtube.com/@corporatedecoder
I have to build a project for data analysis with ML (and optionally AI) for a course and certification I am passing, this is a great inspiration. I will probably do something simpler on European stocks.
You say it was a year long effort, was it full time ? Do you have an estimation of how many hours you spent on it ? Did you do it alone ?
For European stocks, is there a common EU regulatory body where all filings are submitted? That would be a good start
PS if the next question is whether I’d pay for it, the answer is likely no ;)
A suggestion: I forget the HTML tag off the top of my head, but there is something you can do that turns off the keyboard autocorrect. Setting the search box input type to something specific or something like that… stock tickers aren’t dictionary words :)