FinTradeBench: A Financial Reasoning Benchmark for LLMs

Real-world financial decision-making is a challenging problem that requires reasoning over heterogeneous signals, including company fundamentals derived from regulatory filings and trading signals computed from price dynamics. Recently, with the advancement of Large Language Models (LLMs), financial analysts have begun to use them for financial decision-making tasks. However, existing financial question answering benchmarks for testing these models primarily focus on company balance sheet data and rarely evaluate reasoning over how company stocks trade in the market or their interactions with fundamentals. To take advantage of the strengths of both approaches, we introduce FinTradeBench, a benchmark for evaluating financial reasoning that integrates company fundamentals and trading signals. FinTradeBench contains 1,400 questions grounded in NASDAQ-100 companies over a ten-year historical window. The benchmark is organized into three reasoning categories: fundamentals-focused, trading-signal-focused, and hybrid questions requiring cross-signal reasoning. To ensure reliability at scale, we adopt a calibration-then-scaling framework that combines expert seed questions, multi-model response generation, intra-model self-filtering, numerical auditing, and human-LLM judge alignment. We evaluate 14 LLMs under zero-shot prompting and retrieval-augmented settings and witness a clear performance gap. Retrieval substantially improves reasoning over textual fundamentals, but provides limited benefit for trading-signal reasoning. These findings highlight fundamental challenges in the numerical and time-series reasoning for current LLMs and motivate future research in financial intelligence.

The Critical Role of Aspects in Measuring Document Similarity

We introduce ASPECTSIM, a simple and interpretable framework that requires conditioning document similarity on an explicitly specified aspect, which is different from the traditional holistic approach in measuring document similarity. Experimenting with a newly constructed benchmark of 26K aspect-document pairs, we found that ASPECTSIM, when implemented with direct GPT-4o prompting, achieves substantially higher human-machine agreement ($\approx$80% higher) than the same for holistic similarity without explicit aspects. These findings underscore the importance of explicitly accounting for aspects when measuring document similarity and highlight the need to revise standard practice. Next, we conducted a large-scale meta-evaluation using 16 smaller open-source LLMs and 9 embedding models with a focus on making ASPECTSIM accessible and reproducible. While directly prompting LLMs to produce ASPECTSIM scores turned out be ineffective (20-30% human-machine agreement), a simple two-stage refinement improved their agreement by $\approx$140%. Nevertheless, agreement remains well below that of GPT-4o-based models, indicating that smaller open-source LLMs still lag behind large proprietary models in capturing aspect-conditioned similarity.

Large Language Models for IT Automation Tasks: Are We There Yet?

LLMs show promise in code generation, yet their effectiveness for IT automation tasks, particularly for tools like Ansible, remains understudied. Existing benchmarks rely primarily on synthetic tasks that fail to capture the needs of practitioners who use IT automation tools, such as Ansible. We present ITAB (IT Automation Task Benchmark), a benchmark of 126 diverse tasks (e.g., configuring servers, managing files) where each task accounts for state reconciliation: a property unique to IT automation tools. ITAB evaluates LLMs' ability to generate functional Ansible automation scripts via dynamic execution in controlled environments. We evaluate 14 open-source LLMs, none of which accomplish pass@10 at a rate beyond 12%. To explain these low scores, we analyze 1,411 execution failures across the evaluated LLMs and identify two main categories of prevalent semantic errors: failures in state reconciliation related reasoning (44.87% combined from variable (11.43%), host (11.84%), path(11.63%), and template (9.97%) issues) and deficiencies in module-specific execution knowledge (24.37% combined from Attribute and parameter (14.44%) and module (9.93%) errors). Our findings reveal key limitations in open-source LLMs' ability to track state changes and apply specialized module knowledge, indicating that reliable IT automation will require major advances in state reasoning and domain-specific execution understanding.

Multi-Party Conversational Agents: A Survey

Multi-party Conversational Agents (MPCAs) are systems designed to engage in dialogue with more than two participants simultaneously. Unlike traditional two-party agents, designing MPCAs faces additional challenges due to the need to interpret both utterance semantics and social dynamics. This survey explores recent progress in MPCAs by addressing three key questions: 1) Can agents model each participants' mental states? (State of Mind Modeling); 2) Can they properly understand the dialogue content? (Semantic Understanding); and 3) Can they reason about and predict future conversation flow? (Agent Action Modeling). We review methods ranging from classical machine learning to Large Language Models (LLMs) and multi-modal systems. Our analysis underscores Theory of Mind (ToM) as essential for building intelligent MPCAs and highlights multi-modal understanding as a promising yet underexplored direction. Finally, this survey offers guidance to future researchers on developing more capable MPCAs.

LLM for Comparative Narrative Analysis

In this paper, we conducted a Multi-Perspective Comparative Narrative Analysis (CNA) on three prominent LLMs: GPT-3.5, PaLM2, and Llama2. We applied identical prompts and evaluated their outputs on specific tasks, ensuring an equitable and unbiased comparison between various LLMs. Our study revealed that the three LLMs generated divergent responses to the same prompt, indicating notable discrepancies in their ability to comprehend and analyze the given task. Human evaluation was used as the gold standard, evaluating four perspectives to analyze differences in LLM performance.

Zero-Shot Multi-Label Classification of Bangla Documents: Large Decoders Vs. Classic Encoders

Bangla, a language spoken by over 300 million native speakers and ranked as the sixth most spoken language worldwide, presents unique challenges in natural language processing (NLP) due to its complex morphological characteristics and limited resources. While recent Large Decoder Based models (LLMs), such as GPT, LLaMA, and DeepSeek, have demonstrated excellent performance across many NLP tasks, their effectiveness in Bangla remains largely unexplored. In this paper, we establish the first benchmark comparing decoder-based LLMs with classic encoder-based models for Zero-Shot Multi-Label Classification (Zero-Shot-MLC) task in Bangla. Our evaluation of 32 state-of-the-art models reveals that, existing so-called powerful encoders and decoders still struggle to achieve high accuracy on the Bangla Zero-Shot-MLC task, suggesting a need for more research and resources for Bangla NLP.

Set-Theoretic Compositionality of Sentence Embeddings

Sentence encoders play a pivotal role in various NLP tasks; hence, an accurate evaluation of their compositional properties is paramount. However, existing evaluation methods predominantly focus on goal task-specific performance. This leaves a significant gap in understanding how well sentence embeddings demonstrate fundamental compositional properties in a task-independent context. Leveraging classical set theory, we address this gap by proposing six criteria based on three core "set-like" compositions/operations: \textit{TextOverlap}, \textit{TextDifference}, and \textit{TextUnion}. We systematically evaluate $7$ classical and $9$ Large Language Model (LLM)-based sentence encoders to assess their alignment with these criteria. Our findings show that SBERT consistently demonstrates set-like compositional properties, surpassing even the latest LLMs. Additionally, we introduce a new dataset of ~$192$K samples designed to facilitate future benchmarking efforts on set-like compositionality of sentence embeddings.

Revisiting Word Embeddings in the LLM Era

Large Language Models (LLMs) have recently shown remarkable advancement in various NLP tasks. As such, a popular trend has emerged lately where NLP researchers extract word/sentence/document embeddings from these large decoder-only models and use them for various inference tasks with promising results. However, it is still unclear whether the performance improvement of LLM-induced embeddings is merely because of scale or whether underlying embeddings they produce significantly differ from classical encoding models like Word2Vec, GloVe, Sentence-BERT (SBERT) or Universal Sentence Encoder (USE). This is the central question we investigate in the paper by systematically comparing classical decontextualized and contextualized word embeddings with the same for LLM-induced embeddings. Our results show that LLMs cluster semantically related words more tightly and perform better on analogy tasks in decontextualized settings. However, in contextualized settings, classical models like SimCSE often outperform LLMs in sentence-level similarity assessment tasks, highlighting their continued relevance for fine-grained semantics.

BongLLaMA: LLaMA for Bangla Language

Bangla (or "Bengali") is a language spoken by approximately 240 million native speakers and around 300 million people worldwide. Despite being the 5th largest spoken language in the world, Bangla is still a "low-resource" language, and existing pretrained language models often struggle to perform well on Bangla Language Processing (BLP) tasks. This work addresses this gap by introducing BongLLaMA (i.e., Bangla-LLaMA), an open-source large language model fine-tuned exclusively on large Bangla corpora and instruction-tuning datasets. We present our methodology, data augmentation techniques, fine-tuning details, and comprehensive benchmarking results showcasing the utility of BongLLaMA on BLP tasks. We believe BongLLaMA will serve as the new standard baseline for Bangla Language Models and, thus, facilitate future benchmarking studies focused on this widely-spoken yet "low-resource" language. All BongLLaMA models are available for public use at https://huggingface.co/BanglaLLM.