When Trump Tweets, This Bot Makes Money
President Donald Trump tweeted on Monday that the chaos in airports over the weekend was Delta Airlines' fault—along with protesters and "the tears of Senator [Chuck] Schumer."
He sent those tweets a little after 7 a.m. By 9:30 a.m., Delta Airlines' stock was down 1.6 percent.
Meanwhile, an algorithm was raking in money from those tweets.
T3, an advertising company in Austin, Texas, built the "Trump and Dump Bot" to analyze Trump's tweets and play the stock market when he says something bad about a company. They donate the money they make to the American Society for the Prevention of Cruelty to Animals.
Here's how the bot works, according to T3 president Ben Gaddis.
First, Trump tweets, and the bot checks to see if Trump is tweeting about a publicly-traded company.
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