Honggu Chen | Searcharxiv

arXiv2026

Beyond Sentiment: Structured Information Extraction from Financial News

Financial sentiment analysis has become a standard component in news-driven stock prediction, yet it reduces rich, multi-dimensional news articles to a single polarity score. We hypothesize that financial news encodes multiple orthogonal information dimensions---event type, impact scope, temporal horizon, and semantic confidence---that sentiment alone cannot capture, and that these dimensions carry independent predictive value. To test this hypothesis, we propose a structured information extraction framework that leverages LLaMA-3.1-70B to extract six semantic dimensions from financial news. Through large-scale experiments on 41,618 news--stock pairs from the FNSPID dataset, we find that (i) FinBERT sentiment features exhibit strong predictive power under nonlinear models (F1=0.576) but substantially weaker performance under linear models (F1=0.230), revealing a highly nonlinear sentiment--return relationship; (ii) LLM-extracted structured features, while individually weaker, capture information orthogonal to sentiment, as evidenced by a 53.5% systematic disagreement rate between the two approaches; and (iii) combining both signal sources yields F1=0.600, significantly outperforming either alone ($p < 0.0001$), with consistent improvements across all seven event types. Ablation experiments confirm that non-sentiment structural dimensions (event type, impact subject, time horizon, confidence) independently contribute $\Delta\text{F1} = +0.019$ beyond FinBERT alone. Feature importance analysis reveals balanced contributions from all six extracted dimensions (14--21%), demonstrating that compressing news into a single sentiment score incurs substantial information loss. Our results suggest that the sentiment--semantics decoupling in financial text is systematic and exploitable, opening a new direction for multi-dimensional financial NLP.

cs.CL↗

arXiv2024

From Image to Video, what do we need in multimodal LLMs?

Covering from Image LLMs to the more complex Video LLMs, the Multimodal Large Language Models (MLLMs) have demonstrated profound capabilities in comprehending cross-modal information as numerous studies have illustrated. Previous methods delve into designing comprehensive Video LLMs through integrating video foundation models with primitive LLMs. Despite its effectiveness, such paradigm renders Video LLM's structure verbose and typically requires substantial video data for pre-training. Crucially, it neglects leveraging the foundational contributions of ready-made Image LLMs. In this paper, we introduce RED-VILLM, a Resource-Efficient Development pipeline which builds robust Video LLMs through leveraging the prior knowledge of Image LLMs. Specifically, since a video is naturally a combination of images along the temporal dimension, we devise a temporal adaptation plug-and-play structure, endowing the backbone Image LLM with the capability to grasp temporal information. Moreover, through applying this pipeline, we achieve the first Video LLM within the Chinese-speaking community. Extensive experiments demonstrate that Video LLMs developed through our approach surpass conventional Video LLMs, requiring minimal instructional data and training resources. Our approach highlights the potential for a more cost-effective and scalable advancement in multimodal models.

cs.CV↗