Can large language models (LLMs) generate continuous numerical features that improve reinforcement learning (RL) trading agents? We build a modular pipeline where a frozen LLM serves as a stateless feature extractor, transforming unstructured daily news and filings into a fixed-dimensional vector consumed by a downstream PPO agent. We introduce an automated prompt-optimization loop that treats the extraction prompt as a discrete hyperparameter and tunes it directly against the Information Coefficient—the Spearman rank correlation between predicted and realized returns—rather than NLP losses. The optimized prompt discovers genuinely predictive features (IC above ∼0.15 on held-out data). However, these valid intermediate representations do not automatically translate into downstream task performance: during a distribution shift caused by a macroeconomic shock, LLM-derived features add noise, and the augmented agent under-performs a price-only baseline. In a calmer test regime the agent recovers, yet macroeconomic state variables remain the most robust driver of policy improvement. Our findings highlight a gap between feature-level validity and policy-level robustness that parallels known challenges in transfer learning under distribution shift.

This paper presents FriendsQA, a challenging question answering dataset that contains 1,222 dialogues and 10,610 open-domain questions, to tackle machine comprehension on everyday conversations. Each dialogue, involving multiple speakers, is annotated with several types of questions regarding the dialogue contexts, and the answers are annotated with certain spans in the dialogue. A series of crowdsourcing tasks are conducted to ensure good annotation quality, resulting a high inter-annotator agreement of 81.82%. A comprehensive annotation analytics is provided for a deeper understanding in this dataset. Three state-of-the-art QA systems are experimented, R-Net, QANet, and BERT, and evaluated on this dataset. BERT in particular depicts promising results, an accuracy of 74.2% for answer utterance selection and an F1-score of 64.2% for answer span selection, suggesting that the FriendsQA task is hard yet has a great potential of elevating QA research on multiparty dialogue to another level.