Hao Zhang

Sathvik Manikantan Napa Ugandhar, Hao Zhang, Alison Gunzler et al.

With the proliferation of speech AI agents, understanding emotional entrainment in conversational interaction has become increasingly important. Emotional entrainment is shaped by social relationships and conversational context, influencing affective coordination over time. We introduce DyadEE, a dataset for emotional entrainment detection in dyadic speech interactions, containing both emotionally entrained conversations and synthetic interactions where entrainment is disrupted through partner swapping and emotion resynthesis. We further propose TRACE, a window-level framework that models dyadic interaction as ordered sequences of acoustic embeddings derived from emotion fine-tuned Whisper representations, treating each sample as an interaction trace rather than pooled utterances. Experimental results on DyadEE show that incorporating conversational context and relationship information improves emotional entrainment detection, with TRACE achieving the best accuracy of 97.01%.

Ding Yu, Zhuo Liu, Hao Zhang et al.

Earnings announcements release two types of information sequentially: quantitative surprise (numeric earnings-per-share (EPS)/revenue versus analyst estimate) arrives first in press releases and financial news, processed by algorithmic traders within minutes; qualitative language (management tone, guidance, question-and-answer (Q&A) credibility) arrives 30-90 min later in the earnings conference call transcript (ECT), requiring human interpretation overnight. Financial economists have studied quantitative surprise for 50 years; natural language processing (NLP) researchers have studied qualitative ECT signals for a decade. Despite studying the same event, the two communities used incompatible frameworks: different targets (return vs. volatility), trading setups (long top-decile and short bottom-decile vs. trade-all), and metrics (return spread between top and bottom 20% (Q5-Q1) vs. mean squared error (MSE)), making direct comparison and connection challenging. We bridge these communities with EarningsInOne, the first corpus aligning earnings news, ECTs, and intraday and next-day prices across SP 1500 (broad U.S. equity universe, 2022-2025). Applying unified trading and evaluation tools to both signal types, we confirm a clean speed separation, fast numbers, slow language: quantitative surprise peaks at announcement and is largely eliminated by the next market open; qualitative ECT sentiment peaks on the next trading day, real and tradeable, but hidden under prior transcript-based evaluation that optimised sign-agnostic volatility with pointwise MSE.