Trends

Morgan Stanley uses 3 billion data points each day to measure its equity risk. Here's how it's using AWS to do it

9 days ago   |   By Business Insider

Summary List Placement When the US stock market closes at 4:00 p.m. each afternoon in New York, it typically marks an end to the day for the equity traders working across Wall Street's banks. Once they mark and sign off on their positions, they're out the door.
For others who sit near trading desks, however, their work is just beginning. One such example is the risk employees - and the data models they run - that calculate a bank's exposure to the markets after the close of each trading day.
As is the case with many other banking functions, speed and scale are key. That's why more firms...
Read more ...

 

Stock futures are flat after sell-off in growth and tech

Stock futures are flat after sell-off in growth and tech

9 days ago   |   By CNBC

On Tuesday, investors exited technology and growth stocks, pushing the Nasdaq Composite down 1.9%.
Read more ...

 

How major US stock indexes fared Tuesday

9 days ago   |   By Chron

Stocks are closing lower on Wall Street Tuesday, dragged down by big technology companies like Apple and Microsoft.
The declines marked the sixth-straight losing day for technology stocks. Investors continue to focus on corporate earnings and gauge the economic recovery's progress. Earnings and most economic indicators have been signaling a steady recovery, but investors remain concerned about the lingering threat from COVID-19, inflation and other factors that could crimp progress.
On Tuesday:
The S&P 500 fell 28 points, or 0.7%, to 4,164.66.
The Dow Jones Industrial Average rose 19.80...
Read more ...

 


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Target, Starbucks, and other retailers may face a 'horrible' new wave of...

Target, Starbucks, and other retailers may face a 'horrible' new wave of confrontations over masks following updated CDC rules

Summary List Placement The Centers for Disease Control and Prevention's relaxing of rules around wearing masks to slow the spread of the coronavirus is likely to create an ugly... Read more ...

A guide to data mining, the process of turning raw data into business insights

A guide to data mining, the process of turning raw data into business insights

Summary List Placement Data mining is a process that turns raw data into actionable insights for businesses and institutions - it is a branch of analytics that finds patterns... Read more ...

Europe's 4 Visegrad nations lift some travel restrictions

Europe's 4 Visegrad nations lift some travel restrictions

WARSAW, Poland - Europe's four Visegrad countries on Friday lifted travel restrictions between the Czech Republic and Hungary for people vaccinated against COVID-19 and... Read more ...

Just 45% of House Republicans say they've been vaccinated while 100% of...

Just 45% of House Republicans say they've been vaccinated while 100% of congressional Democrats say they've gotten the shot

Summary List Placement Every single Democratic lawmaker in the House and Senate says they've received a COVID-19 vaccine, according to a new CNN survey. Things are quite... Read more ...

The Latest: Delta Air Lines requires shots for new workers

The Latest: Delta Air Lines requires shots for new workers

ATLANTA - Delta Air Lines will require new employees to be vaccinated against COVID-19 starting on Monday. Read more ...

Lumber prices fall for the 5th straight day in a reprieve for surging...

Lumber prices fall for the 5th straight day in a reprieve for surging commodity prices

Summary List Placement Lumber futures fell for the fifth straight day on Friday in the longest losing streak for the commodity in 2021. The fall brings a reprieve for home... Read more ...

Mississippi River traffic reopened under damaged bridge

Mississippi River traffic reopened under damaged bridge

MEMPHIS, Tenn. - River traffic has reopened on the Mississippi River near Memphis, Tennessee, three days after it was closed when a crack was discovered in the Interstate 40... Read more ...

Billionaire Mike Novogratz reveals that crypto makes up 85% of his wealth...

Billionaire Mike Novogratz reveals that crypto makes up 85% of his wealth - and says ether can surge another 23%

Summary List Placement Galaxy Digital Holdings founder and CEO Mike Novogratz recently revealed that cryptocurrencies make up 85% of his net worth, translating to a staggering... Read more ...

Fuel Shortages Should Ease Over Coming Days As Colonial Fully Restarts Pipelines

Fuel Shortages Should Ease Over Coming Days As Colonial Fully Restarts Pipelines

The supply chain for fuels like gasoline will take several days to return to normal after Colonial restarted a critical pipeline that was shut down this month. Read more ...

Facebook loses last ditch attempt to derail DPC decision on its EU-US data flows

Facebook loses last ditch attempt to derail DPC decision on its EU-US data flows

Facebook has failed in its bid to prevent its lead EU data protection regulator from pushing ahead with a decision on whether to order suspension of its EU-US data flows. The... Read more ...