The future of finance, inside Peloton's IPO, and CMOs to watch

Hello! Investment firms in recent years have turned to so-called alternative data firms, which turn obscure data sets into tradable information, to try and get an edge on the competition. A cottage industry of tech firms has sprung up, processing information on everything from the weather to web searches and selling it to hedge funds and others. Now, some are saying there might be a bubble in the industry. Take Thasos Group.

Hello! Investment firms in recent years have turned to so-called alternative data firms, which turn obscure data sets into tradable information, to try and get an edge on the competition. A cottage industry of tech firms has sprung up, processing information on everything from the weather to web searches and selling it to hedge funds and others. Now, some are saying there might be a bubble in the industry. Take Thasos Group.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Endeavor Targets Sept. 27 for Stock Debut, IPO Video Tells Company’s Origin StoryAfter years of preparation, Endeavor is set to make its formal Wall Street debut on Sept. 27, when its stock will begin trading on the New York Stock Exchange. Endeavor has targeted Sept. 26 for th…
Source: Variety - 🏆 108. / 63 Read more »