Dexu Yu

Jiakang Li, Guanyu Zhu, Can Jin et al.

Strong reasoning depends not only on model knowledge but also on how effectively cognitive behaviors are deployed during generation. Existing methods often rely on explicit behavior-level control, making them insufficiently adaptive when failures and required corrections vary across reasoning states, tasks, and models. To this end, we propose Latent Reward Steering (LRS), an adaptive inference-time framework that promotes cognitive behaviors by optimizing the sparse-autoencoder (SAE) latent states that implicitly carry them. Rather than relying on predefined cognitive behaviors or steering directions derived from them, LRS trains a latent reward model on reasoning traces by final answer correctness to estimate the quality of intermediate latent states. During inference, reward gradients provide state-specific correction directions for fragile latent states, while a reward and confidence gate restricts intervention to states the reward signal flags as fragile. Experiments on multiple reasoning LLM backbones and benchmarks show that \ours consistently improves performance over various baselines, and post-hoc analyses further indicate that \ours implicitly promotes good cognitive behaviors that fix the original reasoning errors. Code is available at: https://github.com/jiakanglee/Latent-Reward-Steering.

Siyi Wu, Junqiao Wang, Zhaoyang Guan et al.

Cryptocurrency trading is a challenging task requiring the integration of heterogeneous data from multiple modalities. Traditional deep learning and reinforcement learning approaches typically demand large training datasets and encode diverse inputs into numerical representations, often at the cost of interpretability. Recent progress in large language model (LLM)-based agents has demonstrated the capacity to process multi-modal data and support complex investment decision-making. Building on these advances, we present \textbf{MountainLion}, a multi-modal, multi-agent system for financial trading that coordinates specialized LLM-based agents to interpret financial data and generate investment strategies. MountainLion processes textual news, candlestick charts, and trading signal charts to produce high-quality financial reports, while also enabling modification of reports and investment recommendations through data-driven user interaction and question answering. A central reflection module analyzes historical trading signals and outcomes to continuously refine decision processes, and the system is capable of real-time report analysis, summarization, and dynamic adjustment of investment strategies. Empirical results confirm that MountainLion systematically enriches technical price triggers with contextual macroeconomic and capital flow signals, providing a more interpretable, robust, and actionable investment framework that improves returns and strengthens investor confidence.