These are the companies most frequently mentioned in the media along with SVB in the last 5 days. Many are large financial institutions (LFIs, gray bars) that were mentioned due to stock prices falling across the board. However, the main concern surrounding SVB is other regional banks (blue bars), such as First Republic, Signature Bank, and Pac West Bancorp.
Several technology companies have also been frequently mentioned due to their possible exposure to SVB (red bars): Roku, Circle, Roblox, BlockFi, Coinbase, and Etsy
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According to a new paper, news sentiment sometimes drives the stock market, and sometimes reacts to it. Specifically, news drives market prices during periods of upheaval (debt crises, Brexit and Covid-19 to name a few). Sentiment reports on market action - after the fact - during less volatile times.
Spillover between investor sentiment and volatility: The role of social media by Ni Yang (Auckland University of Technology), Adrian Fernandez-Perez (Auckland University of Technology) and Ivan Indriawan (University of Adelaide)
Following on #Adani, another example of real-time #AI-detected ESG controversies monitoring capturing events as they evolve. Note how the controversies score decline leads the share price lower.
We send our sympathies to the residents of East Palestine, OH.
After Hindenburg Research released their report highlighting AdaniGroup's accounting misdeeds, our ESG scores immediately signaled danger, yet the stock hovered for a day as investors entered a state of denial (see the quotes from representative social posts below).
In the chart below several Adani long-term ESG Controversy scores are plotted against the share price of Adani Total Gas (the biggest hit).
Our 365-day average ESG Controversies scores fell for all Adani companies, and Adani’s share prices started to plummet the day after. (Our 60-second scores were even faster...)
The CEO and CFO of Americanas SA resigned on Jan 11th due to Accounting inconsistencies at the company.
The stock posted the largest one-day decline of any of the 89 companies currently in the Ibovespa index in at least 20 years. AI-based ESG analytics picked up the drama as it happened.
Hiring new CEO Sergio Rial (formerly CEO of Santander Brazil) on August 20, 2022 was a good public relations move for Americanas.
The company’s ESG Management score (our real-time ESG metric, green line) jumped after the announcement in the chart below (stock price is blue bars).
Then on Jan 11th, 2023 (shortly after assuming his new job on Jan 1st) he reported accounting irregularities, causing both the drop in our Management score (in the final days of the chart) and the departure of the new CEO.
We reviewed public sentiment about 40 US industries over the past year, and our data shows the most overall excitement about the top 4 below (top 10%), in descending order:
